Cost of living comparison

Iceland

compared to

Pakistan

Pakistan vs. Iceland Cost of Living Summary

Pakistan is 75.9% cheaper than Iceland overall.

Restaurants: pay 87.2% less in Pakistan
Groceries: pay 74.5% less in Pakistan
Transportation: pay 69.8% less in Pakistan
Housing: pay 67.1% less in Pakistan
Childcare: pay 82.8% less in Pakistan
Entertainment and Sports: pay 76.8% less in Pakistan
Clothing: pay 73.3% less in Pakistan

Expenses including restaurants, childcare, entertainment and sports, groceries, clothing, and transportation are lower in Pakistan.

Pakistan vs. Iceland Cost Breakdown

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

Display currency: USD

pay 87.2% less for restaurants

	Iceland	Pakistan
Basic meal with drink at inexpensive restaurant	$19.40 ISK2,534	$1.63 PKR460.44	-91.6%
Fast food combo meal McDonalds, or similar	$16.94 ISK2,213	$3.70 PKR1,043.55	-78.1%
Bottle of Coca-Cola (11 fl. oz)	$2.81 ISK367	$0.30 PKR84.07	-89.4%
Bottle of water (11 fl. oz)	$2.02 ISK264	$0.20 PKR57.47	-89.9%
Average			-87.2%

Iceland vs. Pakistan - Cost of restaurants

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pay 74.5% less for groceries

	Iceland	Pakistan
Bread 1 loaf	$2.95 ISK386	$0.54 PKR153.49	-81.6%
Local cheese (8 oz)	$7.27 ISK949	$2.48 PKR697.89	-65.9%
Milk (1 gallon)	$6.01 ISK784	$2.74 PKR772.28	-54.4%
Eggs 1 dozen	$5.42 ISK708	$1.15 PKR325.31	-78.7%
Boneless chicken breast (1 lb)	$8.51 ISK1,111	$1.24 PKR348.72	-85.5%
Apples (1 lb)	$1.22 ISK160	$0.47 PKR131.29	-61.9%
Bananas (1 lb)	$1.03 ISK134	$0.28 PKR78.86	-72.7%
Oranges (1 lb)	$1.17 ISK153	$0.32 PKR90.48	-72.6%
Tomatoes (1 lb)	$1.87 ISK245	$0.23 PKR64.66	-87.8%
Potatoes (1 lb)	$1.23 ISK161	$0.17 PKR47.18	-86.4%
Onions (1 lb)	$0.78 ISK102	$0.22 PKR62.15	-71.9%
Average			-74.5%

Iceland vs. Pakistan - Cost of groceries

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pay 69.8% less for transportation

	Iceland	Pakistan
Gasoline (1 gallon)	$8.36 ISK1,092	$3.71 PKR1,045.87	-55.6%
Monthly public transit pass	$71.28 ISK9,310	$6.71 PKR1,892.20	-90.6%
New Volkswagen Golf 1.4 (standard edition)	$40,660.66 ISK5,310,689	$18,760.96 PKR5,288,701.67	-53.9%
Taxi trip in downtown area (5 miles)	$22.04 ISK2,878	$4.64 PKR1,307.95	-78.9%
Average			-69.8%

Iceland vs. Pakistan - Cost of transportation

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pay 67.1% less for housing

	Iceland	Pakistan
Internet connection 50 mbps or faster, cable/dsl	$72.17 ISK9,427	$13.82 PKR3,896.19	-80.9%
1-Bedroom apartment in downtown area	$1,838.04 ISK240,066	$88.73 PKR25,013.14	-95.2%
1-Bedroom apartment outside city center	$1,497.77 ISK195,624	$52.29 PKR14,740.34	-96.5%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$58.01 ISK7,577	$60.51 PKR17,056.47	+4.3%
Average			-67.1%

Iceland vs. Pakistan - Cost of housing

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pay 82.8% less for childcare

	Iceland	Pakistan
Private preschool for 1 child, monthly	$258.16 ISK33,719	$34.35 PKR9,683.53	-86.7%
Middle school for 1 child, two semesters	$5,993.99 ISK782,876	$1,271.23 PKR358,358.24	-78.8%
Average			-82.8%

Iceland vs. Pakistan - Cost of childcare

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pay 76.8% less for entertainment and sports

	Iceland	Pakistan
Domestic/local beer (1 pint)	$9.19 ISK1,200	$1.82 PKR514.30	-80.1%
Cappuccino in mid-range area	$4.65 ISK607	$1.50 PKR421.63	-67.8%
Pack of cigarettes Marlboro or similar	$11.76 ISK1,535	$1.89 PKR532.97	-83.9%
Monthly membership at local gym	$61.46 ISK8,027	$12.72 PKR3,585.29	-79.3%
Movie ticket to theater/cinema	$14.35 ISK1,874	$3.87 PKR1,091.17	-73.0%
Average			-76.8%

Iceland vs. Pakistan - Cost of entertainment and sports

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pay 73.3% less for clothing

	Iceland	Pakistan
Regular jeans Levi's brand	$111.23 ISK14,528	$14.19 PKR3,999.19	-87.2%
Regular dress from H&M or similar store	$59.69 ISK7,796	$21.90 PKR6,172.45	-63.3%
Running shoes Nike or Adidas	$148.00 ISK19,330	$61.34 PKR17,292.97	-58.6%
Men's business shoes (leather)	$184.49 ISK24,097	$28.94 PKR8,157.89	-84.3%
Average			-73.3%

Iceland vs. Pakistan - Cost of clothing

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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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