Cost of living comparison
Sweden is 29.7% cheaper than Iceland.
If you lived in Sweden instead of Iceland, you would:
pay 29.5% less for restaurants
|
Iceland
|
Sweden
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.51
ISK2,682
|
$11.31
SEK119.94
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.45
ISK2,261
|
$9.30
SEK98.56
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.70
ISK372
|
$1.93
SEK20.42
|
|
| Bottle of water (11 fl. oz) |
$1.95
ISK269
|
$1.88
SEK19.97
|
|
pay 12.8% less for groceries
|
Iceland
|
Sweden
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.16
ISK434
|
$2.55
SEK27.01
|
|
| Local cheese (8 oz) |
$6.72
ISK923
|
$5.31
SEK56.27
|
|
| Milk (1 gallon) |
$6.27
ISK862
|
$5.59
SEK59.25
|
|
|
Eggs
1 dozen
|
$6.03
ISK829
|
$3.82
SEK40.50
|
|
| Boneless chicken breast (1 lb) |
$7.60
ISK1,045
|
$4.89
SEK51.80
|
|
| Apples (1 lb) |
$1.13
ISK155
|
$1.22
SEK12.90
|
|
| Bananas (1 lb) |
$1.01
ISK139
|
$1.07
SEK11.32
|
|
| Oranges (1 lb) |
$1.15
ISK159
|
$1.14
SEK12.06
|
|
| Tomatoes (1 lb) |
$1.71
ISK235
|
$1.80
SEK19.11
|
|
| Potatoes (1 lb) |
$1.13
ISK155
|
$0.67
SEK7.06
|
|
| Onions (1 lb) |
$0.68
ISK94
|
$0.72
SEK7.67
|
|
pay 14.9% less for transportation
|
Iceland
|
Sweden
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.42
ISK1,157
|
$6.80
SEK72.11
|
|
| Monthly public transit pass |
$68.29
ISK9,387
|
$68.13
SEK722.25
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$39,714.69
ISK5,458,784
|
$27,059.79
SEK286,851.20
|
|
| Taxi trip in downtown area (5 miles) |
$23.23
ISK3,193
|
$21.32
SEK226.00
|
|
pay 37.8% less for housing
|
Iceland
|
Sweden
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$74.47
ISK10,236
|
$29.04
SEK307.80
|
|
| 1-Bedroom apartment in downtown area |
$1,518.94
ISK208,778
|
$873.36
SEK9,258.13
|
|
| 1-Bedroom apartment outside city center |
$1,325.48
ISK182,187
|
$653.04
SEK6,922.63
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$66.99
ISK9,208
|
$69.04
SEK731.89
|
|
pay 52.4% less for childcare
|
Iceland
|
Sweden
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$254.97
ISK35,045
|
$121.10
SEK1,283.74
|
|
| Middle school for 1 child, two semesters |
$5,993.83
ISK823,851
|
$2,856.48
SEK30,280.52
|
|
pay 25.2% less for entertainment and sports
|
Iceland
|
Sweden
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.37
ISK1,288
|
$6.81
SEK72.24
|
|
| Cappuccino in mid-range area |
$4.61
ISK634
|
$3.75
SEK39.71
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.22
ISK1,542
|
$6.25
SEK66.22
|
|
| Monthly membership at local gym |
$60.00
ISK8,247
|
$39.42
SEK417.84
|
|
| Movie ticket to theater/cinema |
$13.94
ISK1,916
|
$13.75
SEK145.73
|
|
pay 35.6% less for clothing
|
Iceland
|
Sweden
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.23
ISK14,877
|
$80.13
SEK849.48
|
|
|
Regular dress
from H&M or similar store
|
$59.73
ISK8,210
|
$34.51
SEK365.79
|
|
|
Running shoes
Nike or Adidas
|
$146.94
ISK20,197
|
$82.17
SEK871.03
|
|
| Men's business shoes (leather) |
$169.24
ISK23,262
|
$117.97
SEK1,250.57
|
|
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