Cost of living comparison

compared to
Paris vs. Iceland Cost of Living Summary

Paris is 28.9% more expensive than Iceland overall.

Restaurants
pay 12.7% more in Paris
Groceries
pay 6.8% more in Paris
Transportation
pay 3.6% more in Paris
Housing
pay 29.1% more in Paris
Childcare
pay 2.8 times more in Paris
Entertainment and Sports
pay 11.0% less in Paris
Clothing
pay 18.2% less in Paris

The cost of childcare, housing, restaurants, groceries, and transportation in Paris are more expensive than in Iceland. Expenses including clothing and entertainment and sports are lower in Paris. Notably, childcare is significantly more expensive in Paris.

Paris vs. Iceland Cost Breakdown

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

pay 12.7% more for restaurants

 
Iceland
Paris
Basic meal with drink at inexpensive restaurant $19.40
ISK2,711
$16.08
€15.59
Fast food combo meal
McDonalds, or similar
$16.94
ISK2,368
$12.86
€12.47
Bottle of Coca-Cola (11 fl. oz) $2.81
ISK393
$4.09
€3.97

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pay 6.8% more for groceries

 
Iceland
Paris
Bread
1 loaf
$2.95
ISK413
$2.01
€1.95
Local cheese (8 oz) $7.27
ISK1,016
$11.23
€10.89
Milk (1 gallon) $6.01
ISK840
$5.41
€5.24

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pay 3.6% more for transportation

 
Iceland
Paris
Gasoline (1 gallon) $8.36
ISK1,169
$7.65
€7.42
Monthly public transit pass $71.28
ISK9,963
$92.60
€89.80
New Volkswagen Golf 1.4 (standard edition) $40,660.66
ISK5,683,547
$32,688.77
€31,701.28

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pay 29.1% more for housing

 
Iceland
Paris
Internet connection
50 mbps or faster, cable/dsl
$72.17
ISK10,089
$33.65
€32.64
1-Bedroom apartment in downtown area $1,838.04
ISK256,921
$1,367.25
€1,325.95
1-Bedroom apartment outside city center $1,497.77
ISK209,358
$1,057.37
€1,025.43

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pay 2.8 times more for childcare

 
Iceland
Paris
Private preschool for 1 child, monthly $258.16
ISK36,086
$756.26
€733.42
Middle school for 1 child, two semesters $5,993.99
ISK837,840
$15,942.48
€15,460.87

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pay 11.0% less for entertainment and sports

 
Iceland
Paris
Domestic/local beer (1 pint) $9.19
ISK1,284
$7.50
€7.28
Cappuccino in mid-range area $4.65
ISK650
$4.31
€4.18
Pack of cigarettes
Marlboro or similar
$11.76
ISK1,643
$13.40
€12.99

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pay 18.2% less for clothing

 
Iceland
Paris
Regular jeans
Levi's brand
$111.23
ISK15,548
$103.81
€100.67
Regular dress
from H&M or similar store
$59.69
ISK8,343
$46.57
€45.16
Running shoes
Nike or Adidas
$148.00
ISK20,687
$111.54
€108.17

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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: January 2025
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