Cost of living comparison
Sweden is 29.8% cheaper than Iceland.
If you lived in Sweden instead of Iceland, you would:
pay 28.7% less for restaurants
|
Iceland
|
Sweden
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,670
|
$11.92
SEK130.84
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,332
|
$9.45
SEK103.79
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK387
|
$2.04
SEK22.41
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK278
|
$1.93
SEK21.17
|
|
pay 17.9% less for groceries
|
Iceland
|
Sweden
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK407
|
$2.49
SEK27.30
|
|
| Local cheese (8 oz) |
$7.27
ISK1,000
|
$5.18
SEK56.92
|
|
| Milk (1 gallon) |
$6.01
ISK827
|
$5.43
SEK59.66
|
|
|
Eggs
1 dozen
|
$5.42
ISK746
|
$3.74
SEK41.06
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,171
|
$4.68
SEK51.34
|
|
| Apples (1 lb) |
$1.22
ISK168
|
$1.19
SEK13.08
|
|
| Bananas (1 lb) |
$1.03
ISK141
|
$1.06
SEK11.60
|
|
| Oranges (1 lb) |
$1.17
ISK161
|
$1.13
SEK12.46
|
|
| Tomatoes (1 lb) |
$1.87
ISK258
|
$1.73
SEK18.99
|
|
| Potatoes (1 lb) |
$1.23
ISK170
|
$0.67
SEK7.40
|
|
| Onions (1 lb) |
$0.78
ISK108
|
$0.70
SEK7.70
|
|
pay 15.4% less for transportation
|
Iceland
|
Sweden
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,151
|
$6.64
SEK72.85
|
|
| Monthly public transit pass |
$71.28
ISK9,812
|
$68.10
SEK747.68
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,596,940
|
$26,850.74
SEK294,783.50
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK3,033
|
$21.47
SEK235.66
|
|
pay 34.3% less for housing
|
Iceland
|
Sweden
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,935
|
$30.29
SEK332.51
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK253,006
|
$821.73
SEK9,021.41
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK206,168
|
$641.62
SEK7,044.10
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,986
|
$77.37
SEK849.44
|
|
pay 50.2% less for childcare
|
Iceland
|
Sweden
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK35,536
|
$122.27
SEK1,342.41
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK825,073
|
$3,135.75
SEK34,426.13
|
|
pay 25.9% less for entertainment and sports
|
Iceland
|
Sweden
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,265
|
$6.64
SEK72.92
|
|
| Cappuccino in mid-range area |
$4.65
ISK640
|
$3.78
SEK41.55
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,618
|
$6.41
SEK70.35
|
|
| Monthly membership at local gym |
$61.46
ISK8,460
|
$38.70
SEK424.86
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,975
|
$14.24
SEK156.30
|
|
pay 36.1% less for clothing
|
Iceland
|
Sweden
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK15,311
|
$79.10
SEK868.37
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK8,216
|
$35.56
SEK390.40
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK20,372
|
$84.42
SEK926.84
|
|
| Men's business shoes (leather) |
$184.49
ISK25,396
|
$125.14
SEK1,373.86
|
|
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