Cost of living comparison
India is 75.8% cheaper than Iceland overall.
- Restaurants
-
pay 85.6% less in India
- Groceries
-
pay 70.8% less in India
- Transportation
-
pay 71.0% less in India
- Housing
-
pay 81.2% less in India
- Childcare
-
pay 76.2% less in India
- Entertainment and Sports
-
pay 73.4% less in India
- Clothing
-
pay 72.7% less in India
Expenses including restaurants, housing, childcare, entertainment and sports, clothing, and transportation are lower in India.
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
ISK2,584
|
$2.40
₹206.40
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,257
|
$3.90
₹335.61
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK374
|
$0.40
₹34.07
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK269
|
$0.17
₹14.29
|
|
pay 70.8% less for groceries
|
Iceland
|
India
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK394
|
$0.46
₹39.61
|
|
| Local cheese (8 oz) |
$7.27
ISK968
|
$2.54
₹218.30
|
|
| Milk (1 gallon) |
$6.01
ISK800
|
$2.56
₹220.11
|
|
|
Eggs
1 dozen
|
$5.42
ISK722
|
$0.94
₹80.77
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,133
|
$1.37
₹117.47
|
|
| Apples (1 lb) |
$1.22
ISK163
|
$0.88
₹75.97
|
|
| Bananas (1 lb) |
$1.03
ISK137
|
$0.32
₹27.89
|
|
| Oranges (1 lb) |
$1.17
ISK156
|
$0.48
₹40.94
|
|
| Tomatoes (1 lb) |
$1.87
ISK250
|
$0.24
₹20.75
|
|
| Potatoes (1 lb) |
$1.23
ISK164
|
$0.16
₹14.06
|
|
| Onions (1 lb) |
$0.78
ISK105
|
$0.19
₹16.14
|
|
pay 71.0% less for transportation
|
Iceland
|
India
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,114
|
$4.62
₹397.00
|
|
| Monthly public transit pass |
$71.28
ISK9,494
|
$10.12
₹870.59
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,416,000
|
$13,525.56
₹1,163,124.20
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK2,935
|
$2.94
₹252.71
|
|
pay 81.2% less for housing
|
Iceland
|
India
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,614
|
$7.39
₹635.09
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK244,827
|
$138.05
₹11,871.84
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK199,503
|
$90.33
₹7,768.07
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,728
|
$29.97
₹2,577.15
|
|
pay 76.2% less for childcare
|
Iceland
|
India
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK34,388
|
$55.73
₹4,792.36
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK798,400
|
$1,565.54
₹134,627.83
|
|
pay 73.4% less for entertainment and sports
|
Iceland
|
India
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,224
|
$1.84
₹157.89
|
|
| Cappuccino in mid-range area |
$4.65
ISK619
|
$1.59
₹136.43
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,566
|
$3.59
₹308.75
|
|
| Monthly membership at local gym |
$61.46
ISK8,186
|
$15.33
₹1,318.34
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,911
|
$3.35
₹288.28
|
|
pay 72.7% less for clothing
|
Iceland
|
India
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK14,816
|
$24.02
₹2,065.85
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK7,951
|
$25.36
₹2,181.04
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK19,713
|
$41.62
₹3,578.84
|
|
| Men's business shoes (leather) |
$184.49
ISK24,575
|
$31.12
₹2,675.85
|
|
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