Cost of living comparison

Iceland

compared to

Kuwait

Kuwait vs. Iceland Cost of Living Summary

Kuwait is 37.5% cheaper than Iceland overall.

Restaurants: pay 68.8% less in Kuwait
Groceries: pay 49.1% less in Kuwait
Transportation: pay 35.6% less in Kuwait
Housing: pay 53.0% less in Kuwait
Childcare: pay 15.0% more in Kuwait
Entertainment and Sports: pay 26.6% less in Kuwait
Clothing: pay 44.6% less in Kuwait

Expenses including restaurants, housing, groceries, clothing, transportation, and entertainment and sports are lower in Kuwait.

Kuwait vs. Iceland Cost Breakdown

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

Display currency: USD

pay 68.8% less for restaurants

	Iceland	Kuwait
Basic meal with drink at inexpensive restaurant	$19.40 ISK2,508	$7.72 KWD2.370	-60.2%
Fast food combo meal McDonalds, or similar	$16.94 ISK2,191	$7.66 KWD2.350	-54.8%
Bottle of Coca-Cola (11 fl. oz)	$2.81 ISK363	$0.55 KWD0.170	-80.3%
Bottle of water (11 fl. oz)	$2.02 ISK261	$0.40 KWD0.120	-80.0%
Average			-68.8%

Iceland vs. Kuwait - Cost of restaurants

Improve prices · Change currency (USD)

pay 49.1% less for groceries

	Iceland	Kuwait
Bread 1 loaf	$2.95 ISK382	$1.01 KWD0.310	-65.8%
Local cheese (8 oz)	$7.27 ISK939	$2.23 KWD0.680	-69.3%
Milk (1 gallon)	$6.01 ISK777	$5.23 KWD1.600	-12.9%
Eggs 1 dozen	$5.42 ISK701	$2.36 KWD0.720	-56.5%
Boneless chicken breast (1 lb)	$8.51 ISK1,100	$2.67 KWD0.820	-68.6%
Apples (1 lb)	$1.22 ISK158	$0.97 KWD0.300	-21.0%
Bananas (1 lb)	$1.03 ISK133	$0.77 KWD0.240	-25.0%
Oranges (1 lb)	$1.17 ISK151	$0.63 KWD0.190	-45.8%
Tomatoes (1 lb)	$1.87 ISK242	$0.60 KWD0.180	-67.9%
Potatoes (1 lb)	$1.23 ISK160	$0.46 KWD0.140	-62.4%
Onions (1 lb)	$0.78 ISK101	$0.43 KWD0.130	-45.2%
Average			-49.1%

Iceland vs. Kuwait - Cost of groceries

Improve prices · Change currency (USD)

pay 35.6% less for transportation

	Iceland	Kuwait
Gasoline (1 gallon)	$8.36 ISK1,081	$1.25 KWD0.380	-85.0%
Monthly public transit pass	$71.28 ISK9,217	$48.77 KWD14.960	-31.6%
New Volkswagen Golf 1.4 (standard edition)	$40,660.66 ISK5,257,830	$20,067.40 KWD6,153.470	-50.6%
Taxi trip in downtown area (5 miles)	$22.04 ISK2,850	$27.53 KWD8.440	+24.9%
Average			-35.6%

Iceland vs. Kuwait - Cost of transportation

Improve prices · Change currency (USD)

pay 53.0% less for housing

	Iceland	Kuwait
Internet connection 50 mbps or faster, cable/dsl	$72.17 ISK9,333	$24.39 KWD7.480	-66.2%
1-Bedroom apartment in downtown area	$1,838.04 ISK237,677	$767.09 KWD235.220	-58.3%
1-Bedroom apartment outside city center	$1,497.77 ISK193,677	$636.14 KWD195.070	-57.5%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$58.01 ISK7,502	$40.50 KWD12.420	-30.2%
Average			-53.0%

Iceland vs. Kuwait - Cost of housing

Improve prices · Change currency (USD)

pay 15.0% more for childcare

	Iceland	Kuwait
Private preschool for 1 child, monthly	$258.16 ISK33,383	$345.62 KWD105.980	+33.9%
Middle school for 1 child, two semesters	$5,993.99 ISK775,083	$5,757.77 KWD1,765.560	-3.9%
Average			+15.0%

Iceland vs. Kuwait - Cost of childcare

Improve prices · Change currency (USD)

pay 26.6% less for entertainment and sports

	Iceland	Kuwait
Domestic/local beer (1 pint)	$9.19 ISK1,188	$1.63 KWD0.500	-82.3%
Cappuccino in mid-range area	$4.65 ISK601	$4.77 KWD1.460	+2.5%
Pack of cigarettes Marlboro or similar	$11.76 ISK1,520	$3.04 KWD0.930	-74.1%
Monthly membership at local gym	$61.46 ISK7,947	$89.30 KWD27.380	+45.3%
Movie ticket to theater/cinema	$14.35 ISK1,855	$10.81 KWD3.320	-24.6%
Average			-26.6%

Iceland vs. Kuwait - Cost of entertainment and sports

Improve prices · Change currency (USD)

pay 44.6% less for clothing

	Iceland	Kuwait
Regular jeans Levi's brand	$111.23 ISK14,383	$40.88 KWD12.530	-63.2%
Regular dress from H&M or similar store	$59.69 ISK7,718	$46.73 KWD14.330	-21.7%
Running shoes Nike or Adidas	$148.00 ISK19,138	$89.98 KWD27.590	-39.2%
Men's business shoes (leather)	$184.49 ISK23,857	$84.70 KWD25.970	-54.1%
Average			-44.6%

Iceland vs. Kuwait - Cost of clothing

Improve prices · Change currency (USD)

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

More cost comparisons

Iceland vs.

China

Iceland vs.

Thailand

Iceland vs.

Greece

Iceland vs.

Ireland

Iceland vs.

Austria

Iceland vs.

Ecuador

Iceland vs.

Ukraine

Iceland vs.

United Kingdom

Share this

Compare by city

For example, try comparing the cost of living in Reykjavik vs. Kuwait City

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

Add prices for Iceland

Add prices for Kuwait

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Kuwait or Iceland. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.