Cost of living comparison

 Iceland
compared to
 Japan
Japan vs. Iceland Cost of Living Summary
Japan vs. Iceland Cost Breakdown

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

pay 66.7% less for restaurants

 
Iceland
Japan
Basic meal with drink at inexpensive restaurant $19.40
ISK2,508
$6.44
¥933
Fast food combo meal
McDonalds, or similar
$16.94
ISK2,191
$4.94
¥716
Bottle of Coca-Cola (11 fl. oz) $2.81
ISK363
$0.97
¥141

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pay 3.9% less for groceries

 
Iceland
Japan
Bread
1 loaf
$2.95
ISK382
$1.52
¥221
Local cheese (8 oz) $7.27
ISK939
$5.72
¥829
Milk (1 gallon) $6.01
ISK777
$5.46
¥791

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pay 24.7% less for transportation

 
Iceland
Japan
Gasoline (1 gallon) $8.36
ISK1,081
$4.22
¥612
Monthly public transit pass $71.28
ISK9,217
$57.82
¥8,377
New Volkswagen Golf 1.4 (standard edition) $40,660.66
ISK5,257,830
$22,042.19
¥3,193,913

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pay 28.3% less for housing

 
Iceland
Japan
Internet connection
50 mbps or faster, cable/dsl
$72.17
ISK9,333
$31.09
¥4,505
1-Bedroom apartment in downtown area $1,838.04
ISK237,677
$500.38
¥72,505
1-Bedroom apartment outside city center $1,497.77
ISK193,677
$325.42
¥47,153

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pay 48.3% more for childcare

 
Iceland
Japan
Private preschool for 1 child, monthly $258.16
ISK33,383
$288.10
¥41,746
Middle school for 1 child, two semesters $5,993.99
ISK775,083
$11,095.30
¥1,607,710

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pay 39.9% less for entertainment and sports

 
Iceland
Japan
Domestic/local beer (1 pint) $9.19
ISK1,188
$2.71
¥392
Cappuccino in mid-range area $4.65
ISK601
$2.78
¥402
Pack of cigarettes
Marlboro or similar
$11.76
ISK1,520
$3.98
¥577

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pay 59.5% less for clothing

 
Iceland
Japan
Regular jeans
Levi's brand
$111.23
ISK14,383
$40.54
¥5,875
Regular dress
from H&M or similar store
$59.69
ISK7,718
$26.82
¥3,886
Running shoes
Nike or Adidas
$148.00
ISK19,138
$54.08
¥7,836

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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: May 2025
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