Cost of living comparison
India is 75.8% cheaper than Iceland.
If you lived in India instead of Iceland, you would:
pay 85.6% less for restaurants
|
Iceland
|
India
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,709
|
$2.40
₹202.66
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,366
|
$3.90
₹329.54
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK393
|
$0.40
₹33.45
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK282
|
$0.17
₹14.03
|
|
pay 70.8% less for groceries
|
Iceland
|
India
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK413
|
$0.46
₹38.89
|
|
| Local cheese (8 oz) |
$7.27
ISK1,015
|
$2.54
₹214.35
|
|
| Milk (1 gallon) |
$6.01
ISK839
|
$2.56
₹216.13
|
|
|
Eggs
1 dozen
|
$5.42
ISK757
|
$0.94
₹79.31
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,188
|
$1.37
₹115.34
|
|
| Apples (1 lb) |
$1.22
ISK171
|
$0.88
₹74.60
|
|
| Bananas (1 lb) |
$1.03
ISK143
|
$0.32
₹27.39
|
|
| Oranges (1 lb) |
$1.17
ISK164
|
$0.48
₹40.20
|
|
| Tomatoes (1 lb) |
$1.87
ISK262
|
$0.24
₹20.37
|
|
| Potatoes (1 lb) |
$1.23
ISK172
|
$0.16
₹13.81
|
|
| Onions (1 lb) |
$0.78
ISK110
|
$0.19
₹15.84
|
|
pay 71.0% less for transportation
|
Iceland
|
India
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,168
|
$4.62
₹389.81
|
|
| Monthly public transit pass |
$71.28
ISK9,956
|
$10.12
₹854.83
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,679,481
|
$13,525.56
₹1,142,076.39
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK3,078
|
$2.94
₹248.14
|
|
pay 81.2% less for housing
|
Iceland
|
India
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK10,081
|
$7.39
₹623.59
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK256,737
|
$138.05
₹11,657.00
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK209,209
|
$90.33
₹7,627.50
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK8,103
|
$29.97
₹2,530.51
|
|
pay 76.2% less for childcare
|
Iceland
|
India
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK36,060
|
$55.73
₹4,705.64
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK837,241
|
$1,565.54
₹132,191.62
|
|
pay 73.4% less for entertainment and sports
|
Iceland
|
India
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,283
|
$1.84
₹155.03
|
|
| Cappuccino in mid-range area |
$4.65
ISK649
|
$1.59
₹133.96
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,642
|
$3.59
₹303.16
|
|
| Monthly membership at local gym |
$61.46
ISK8,585
|
$15.33
₹1,294.49
|
|
| Movie ticket to theater/cinema |
$14.35
ISK2,004
|
$3.35
₹283.07
|
|
pay 72.7% less for clothing
|
Iceland
|
India
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK15,537
|
$24.02
₹2,028.47
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK8,337
|
$25.36
₹2,141.57
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK20,673
|
$41.62
₹3,514.08
|
|
| Men's business shoes (leather) |
$184.49
ISK25,770
|
$31.12
₹2,627.43
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about India or Iceland. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.