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
ISK2,699
|
$2.40
₹203.89
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,357
|
$3.90
₹331.53
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK391
|
$0.40
₹33.66
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK281
|
$0.17
₹14.11
|
|
pay 70.8% less for groceries
|
Iceland
|
India
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK411
|
$0.46
₹39.13
|
|
| Local cheese (8 oz) |
$7.27
ISK1,011
|
$2.54
₹215.64
|
|
| Milk (1 gallon) |
$6.01
ISK836
|
$2.56
₹217.43
|
|
|
Eggs
1 dozen
|
$5.42
ISK754
|
$0.94
₹79.79
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,184
|
$1.37
₹116.04
|
|
| Apples (1 lb) |
$1.22
ISK170
|
$0.88
₹75.05
|
|
| Bananas (1 lb) |
$1.03
ISK143
|
$0.32
₹27.56
|
|
| Oranges (1 lb) |
$1.17
ISK163
|
$0.48
₹40.45
|
|
| Tomatoes (1 lb) |
$1.87
ISK261
|
$0.24
₹20.50
|
|
| Potatoes (1 lb) |
$1.23
ISK172
|
$0.16
₹13.89
|
|
| Onions (1 lb) |
$0.78
ISK109
|
$0.19
₹15.94
|
|
pay 71.0% less for transportation
|
Iceland
|
India
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,163
|
$4.62
₹392.17
|
|
| Monthly public transit pass |
$71.28
ISK9,917
|
$10.12
₹860.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,657,118
|
$13,525.56
₹1,148,980.51
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK3,066
|
$2.94
₹249.64
|
|
pay 81.2% less for housing
|
Iceland
|
India
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK10,042
|
$7.39
₹627.36
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK255,726
|
$138.05
₹11,727.47
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK208,385
|
$90.33
₹7,673.61
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK8,072
|
$29.97
₹2,545.81
|
|
pay 76.2% less for childcare
|
Iceland
|
India
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK35,918
|
$55.73
₹4,734.08
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK833,944
|
$1,565.54
₹132,990.75
|
|
pay 73.4% less for entertainment and sports
|
Iceland
|
India
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,278
|
$1.84
₹155.97
|
|
| Cappuccino in mid-range area |
$4.65
ISK647
|
$1.59
₹134.77
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,636
|
$3.59
₹305.00
|
|
| Monthly membership at local gym |
$61.46
ISK8,551
|
$15.33
₹1,302.31
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,996
|
$3.35
₹284.78
|
|
pay 72.7% less for clothing
|
Iceland
|
India
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK15,476
|
$24.02
₹2,040.73
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK8,305
|
$25.36
₹2,154.52
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK20,591
|
$41.62
₹3,535.32
|
|
| Men's business shoes (leather) |
$184.49
ISK25,669
|
$31.12
₹2,643.32
|
|
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