Cost of living comparison

Iceland

compared to

Idaho vs. Iceland Cost of Living Summary

Idaho is 25.0% more expensive than Iceland overall.

Restaurants: pay 9.7% less in Idaho
Groceries: pay 14.9% less in Idaho
Transportation: pay 36.8% less in Idaho
Housing: pay 7.8% more in Idaho
Childcare: pay 3.9 times more in Idaho
Entertainment and Sports: pay 15.6% less in Idaho
Clothing: pay 44.9% less in Idaho

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

Idaho vs. Iceland Cost Breakdown

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

Display currency: USD

pay 9.7% less for restaurants

	Iceland	Idaho
Basic meal with drink at inexpensive restaurant	$19.40 ISK2,491	$18.08	-6.8%
Fast food combo meal McDonalds, or similar	$16.94 ISK2,176	$11.08	-34.6%
Bottle of Coca-Cola (11 fl. oz)	$2.81 ISK361	$2.75	-2.1%
Bottle of water (11 fl. oz)	$2.02 ISK260	$2.12	+4.8%
Average			-9.7%

Iceland vs. Idaho - Cost of restaurants

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pay 14.9% less for groceries

	Iceland	Idaho
Bread 1 loaf	$2.95 ISK379	$3.15	+6.7%
Local cheese (8 oz)	$7.27 ISK933	$5.18	-28.7%
Milk (1 gallon)	$6.01 ISK771	$3.32	-44.7%
Eggs 1 dozen	$5.42 ISK696	$2.95	-45.6%
Boneless chicken breast (1 lb)	$8.51 ISK1,093	$4.10	-51.8%
Apples (1 lb)	$1.22 ISK157	$1.76	+43.6%
Bananas (1 lb)	$1.03 ISK132	$0.67	-35.0%
Oranges (1 lb)	$1.17 ISK150	$1.37	+17.1%
Tomatoes (1 lb)	$1.87 ISK241	$1.49	-20.7%
Potatoes (1 lb)	$1.23 ISK159	$0.94	-23.6%
Onions (1 lb)	$0.78 ISK101	$0.93	+18.6%
Average			-14.9%

Iceland vs. Idaho - Cost of groceries

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pay 36.8% less for transportation

	Iceland	Idaho
Gasoline (1 gallon)	$8.36 ISK1,074	$3.70	-55.8%
Monthly public transit pass	$71.28 ISK9,154	$42.00	-41.1%
New Volkswagen Golf 1.4 (standard edition)	$40,660.66 ISK5,221,945	$31,674.67	-22.1%
Taxi trip in downtown area (5 miles)	$22.04 ISK2,830	$15.82	-28.2%
Average			-36.8%

Iceland vs. Idaho - Cost of transportation

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pay 7.8% more for housing

	Iceland	Idaho
Internet connection 50 mbps or faster, cable/dsl	$72.17 ISK9,269	$66.51	-7.8%
1-Bedroom apartment in downtown area	$1,838.04 ISK236,055	$1,234.23	-32.9%
1-Bedroom apartment outside city center	$1,497.77 ISK192,355	$1,120.11	-25.2%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$58.01 ISK7,451	$114.25	+96.9%
Average			+7.8%

Iceland vs. Idaho - Cost of housing

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pay 3.9 times more for childcare

	Iceland	Idaho
Private preschool for 1 child, monthly	$258.16 ISK33,155	$1,323.99	+412.8%
Middle school for 1 child, two semesters	$5,993.99 ISK769,793	$15,880.00	+164.9%
Average			+288.9%

Iceland vs. Idaho - Cost of childcare

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pay 15.6% less for entertainment and sports

	Iceland	Idaho
Domestic/local beer (1 pint)	$9.19 ISK1,180	$5.17	-43.8%
Cappuccino in mid-range area	$4.65 ISK597	$5.21	+12.1%
Pack of cigarettes Marlboro or similar	$11.76 ISK1,510	$8.90	-24.3%
Monthly membership at local gym	$61.46 ISK7,893	$55.18	-10.2%
Movie ticket to theater/cinema	$14.35 ISK1,843	$12.66	-11.8%
Average			-15.6%

Iceland vs. Idaho - Cost of entertainment and sports

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pay 44.9% less for clothing

	Iceland	Idaho
Regular jeans Levi's brand	$111.23 ISK14,285	$49.04	-55.9%
Regular dress from H&M or similar store	$59.69 ISK7,666	$38.93	-34.8%
Running shoes Nike or Adidas	$148.00 ISK19,007	$85.55	-42.2%
Men's business shoes (leather)	$184.49 ISK23,694	$98.25	-46.7%
Average			-44.9%

Iceland vs. Idaho - Cost of clothing

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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: April 2025

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