Cost of living comparison
Sweden is 29.8% cheaper than Iceland overall.
- Restaurants
-
pay 28.7% less in Sweden
- Groceries
-
pay 17.9% less in Sweden
- Transportation
-
pay 15.4% less in Sweden
- Housing
-
pay 34.3% less in Sweden
- Childcare
-
pay 50.2% less in Sweden
- Entertainment and Sports
-
pay 25.9% less in Sweden
- Clothing
-
pay 36.1% less in Sweden
Expenses including childcare, clothing, housing, restaurants, entertainment and sports, and groceries are lower in Sweden.
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
ISK2,564
|
$11.92
SEK119.19
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,239
|
$9.45
SEK94.55
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK372
|
$2.04
SEK20.42
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK267
|
$1.93
SEK19.28
|
|
pay 17.9% less for groceries
|
Iceland
|
Sweden
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK390
|
$2.49
SEK24.86
|
|
| Local cheese (8 oz) |
$7.27
ISK960
|
$5.18
SEK51.85
|
|
| Milk (1 gallon) |
$6.01
ISK794
|
$5.43
SEK54.35
|
|
|
Eggs
1 dozen
|
$5.42
ISK716
|
$3.74
SEK37.40
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,124
|
$4.68
SEK46.77
|
|
| Apples (1 lb) |
$1.22
ISK162
|
$1.19
SEK11.91
|
|
| Bananas (1 lb) |
$1.03
ISK136
|
$1.06
SEK10.56
|
|
| Oranges (1 lb) |
$1.17
ISK155
|
$1.13
SEK11.35
|
|
| Tomatoes (1 lb) |
$1.87
ISK248
|
$1.73
SEK17.30
|
|
| Potatoes (1 lb) |
$1.23
ISK163
|
$0.67
SEK6.74
|
|
| Onions (1 lb) |
$0.78
ISK104
|
$0.70
SEK7.02
|
|
pay 15.4% less for transportation
|
Iceland
|
Sweden
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,105
|
$6.64
SEK66.36
|
|
| Monthly public transit pass |
$71.28
ISK9,422
|
$68.10
SEK681.10
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,374,526
|
$26,850.74
SEK268,531.53
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK2,913
|
$21.47
SEK214.67
|
|
pay 34.3% less for housing
|
Iceland
|
Sweden
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,540
|
$30.29
SEK302.90
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK242,952
|
$821.73
SEK8,218.01
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK197,975
|
$641.62
SEK6,416.79
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,668
|
$77.37
SEK773.80
|
|
pay 50.2% less for childcare
|
Iceland
|
Sweden
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK34,124
|
$122.27
SEK1,222.86
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK792,286
|
$3,135.75
SEK31,360.30
|
|
pay 25.9% less for entertainment and sports
|
Iceland
|
Sweden
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,214
|
$6.64
SEK66.43
|
|
| Cappuccino in mid-range area |
$4.65
ISK614
|
$3.78
SEK37.85
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,554
|
$6.41
SEK64.09
|
|
| Monthly membership at local gym |
$61.46
ISK8,124
|
$38.70
SEK387.02
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,897
|
$14.24
SEK142.38
|
|
pay 36.1% less for clothing
|
Iceland
|
Sweden
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK14,702
|
$79.10
SEK791.04
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK7,890
|
$35.56
SEK355.63
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK19,563
|
$84.42
SEK844.30
|
|
| Men's business shoes (leather) |
$184.49
ISK24,386
|
$125.14
SEK1,251.51
|
|
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