Cost of living comparison
Japan is 27.4% cheaper than Iceland.
If you lived in Japan instead of Iceland, you would:
pay 64.5% less for restaurants
|
Iceland
|
Japan
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.51
ISK2,682
|
$6.59
¥1,008
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.45
ISK2,261
|
$4.91
¥752
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.70
ISK372
|
$1.01
¥155
|
|
| Bottle of water (11 fl. oz) |
$1.95
ISK269
|
$0.80
¥122
|
|
pay 5.0% less for groceries
|
Iceland
|
Japan
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.16
ISK434
|
$1.40
¥215
|
|
| Local cheese (8 oz) |
$6.72
ISK923
|
$5.54
¥848
|
|
| Milk (1 gallon) |
$6.27
ISK862
|
$5.14
¥786
|
|
|
Eggs
1 dozen
|
$6.03
ISK829
|
$1.99
¥304
|
|
| Boneless chicken breast (1 lb) |
$7.60
ISK1,045
|
$2.58
¥395
|
|
| Apples (1 lb) |
$1.13
ISK155
|
$1.93
¥295
|
|
| Bananas (1 lb) |
$1.01
ISK139
|
$1.11
¥169
|
|
| Oranges (1 lb) |
$1.15
ISK159
|
$1.76
¥270
|
|
| Tomatoes (1 lb) |
$1.71
ISK235
|
$1.80
¥276
|
|
| Potatoes (1 lb) |
$1.13
ISK155
|
$1.11
¥170
|
|
| Onions (1 lb) |
$0.68
ISK94
|
$0.90
¥138
|
|
pay 25.6% less for transportation
|
Iceland
|
Japan
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.42
ISK1,157
|
$4.17
¥639
|
|
| Monthly public transit pass |
$68.29
ISK9,387
|
$60.62
¥9,277
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$39,714.69
ISK5,458,784
|
$21,439.97
¥3,280,852
|
|
| Taxi trip in downtown area (5 miles) |
$23.23
ISK3,193
|
$24.44
¥3,739
|
|
pay 34.9% less for housing
|
Iceland
|
Japan
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$74.47
ISK10,236
|
$33.46
¥5,120
|
|
| 1-Bedroom apartment in downtown area |
$1,518.94
ISK208,778
|
$480.50
¥73,528
|
|
| 1-Bedroom apartment outside city center |
$1,325.48
ISK182,187
|
$321.68
¥49,225
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$66.99
ISK9,208
|
$107.01
¥16,375
|
|
pay 37.4% more for childcare
|
Iceland
|
Japan
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$254.97
ISK35,045
|
$240.59
¥36,817
|
|
| Middle school for 1 child, two semesters |
$5,993.83
ISK823,851
|
$10,805.94
¥1,653,579
|
|
pay 40.6% less for entertainment and sports
|
Iceland
|
Japan
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.37
ISK1,288
|
$2.60
¥398
|
|
| Cappuccino in mid-range area |
$4.61
ISK634
|
$2.74
¥420
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.22
ISK1,542
|
$3.86
¥591
|
|
| Monthly membership at local gym |
$60.00
ISK8,247
|
$55.52
¥8,496
|
|
| Movie ticket to theater/cinema |
$13.94
ISK1,916
|
$11.57
¥1,770
|
|
pay 58.5% less for clothing
|
Iceland
|
Japan
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.23
ISK14,877
|
$38.65
¥5,915
|
|
|
Regular dress
from H&M or similar store
|
$59.73
ISK8,210
|
$25.96
¥3,972
|
|
|
Running shoes
Nike or Adidas
|
$146.94
ISK20,197
|
$52.99
¥8,109
|
|
| Men's business shoes (leather) |
$169.24
ISK23,262
|
$85.48
¥13,080
|
|
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