Cost of living comparison

 Iceland
compared to
 Denver (CO), United States
Denver vs. Iceland Cost of Living Summary

Denver is 46.7% more expensive than Iceland overall.

Restaurants
pay 1.3% less in Denver
Groceries
pay 24.0% more in Denver
Transportation
pay 17.2% less in Denver
Housing
pay 44.9% more in Denver
Childcare
pay 4.1 times more in Denver
Entertainment and Sports
pay 3.1% less in Denver
Clothing
pay 35.3% less in Denver

The cost of childcare, housing, and groceries in Denver are more expensive than in Iceland. Expenses including clothing, transportation, entertainment and sports, and restaurants are lower in Denver. Notably, childcare is significantly more expensive in Denver.

Denver vs. Iceland Cost Breakdown

If you lived in Denver instead of Iceland, you would:

pay 1.3% less for restaurants

 
Iceland
Denver
Basic meal with drink at inexpensive restaurant $19.40
ISK2,363
$20.00
 
Fast food combo meal
McDonalds, or similar
$16.94
ISK2,064
$12.00
 
Bottle of Coca-Cola (11 fl. oz) $2.81
ISK342
$2.88
 

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pay 24.0% more for groceries

 
Iceland
Denver
Bread
1 loaf
$2.95
ISK360
$3.94
 
Local cheese (8 oz) $7.27
ISK885
$7.08
 
Milk (1 gallon) $6.01
ISK732
$3.90
 

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pay 17.2% less for transportation

 
Iceland
Denver
Gasoline (1 gallon) $8.36
ISK1,019
$3.37
 
Monthly public transit pass $71.28
ISK8,683
$88.00
 
New Volkswagen Golf 1.4 (standard edition) $40,660.66
ISK4,952,875
$36,029.12
 

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pay 44.9% more for housing

 
Iceland
Denver
Internet connection
50 mbps or faster, cable/dsl
$72.17
ISK8,792
$67.02
 
1-Bedroom apartment in downtown area $1,838.04
ISK223,891
$2,088.15
 
1-Bedroom apartment outside city center $1,497.77
ISK182,443
$1,670.27
 

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pay 4.1 times more for childcare

 
Iceland
Denver
Private preschool for 1 child, monthly $258.16
ISK31,447
$1,445.06
 
Middle school for 1 child, two semesters $5,993.99
ISK730,128
$16,168.00
 

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pay 3.1% less for entertainment and sports

 
Iceland
Denver
Domestic/local beer (1 pint) $9.19
ISK1,119
$7.00
 
Cappuccino in mid-range area $4.65
ISK566
$5.61
 
Pack of cigarettes
Marlboro or similar
$11.76
ISK1,432
$10.00
 

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pay 35.3% less for clothing

 
Iceland
Denver
Regular jeans
Levi's brand
$111.23
ISK13,549
$59.11
 
Regular dress
from H&M or similar store
$59.69
ISK7,271
$48.89
 
Running shoes
Nike or Adidas
$148.00
ISK18,028
$93.36
 

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: July 2025
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