Cost of living comparison
Switzerland is 2.2 times more expensive than Iceland.
If you lived in Switzerland instead of Iceland, you would:
pay 53.3% more for restaurants
|
Iceland
|
Switzerland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,675
|
$27.66
CHF24.34
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,336
|
$16.97
CHF14.93
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK388
|
$4.67
CHF4.11
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK279
|
$4.13
CHF3.63
|
|
pay 29.0% more for groceries
|
Iceland
|
Switzerland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK407
|
$3.64
CHF3.21
|
|
| Local cheese (8 oz) |
$7.27
ISK1,002
|
$13.22
CHF11.63
|
|
| Milk (1 gallon) |
$6.01
ISK828
|
$7.31
CHF6.43
|
|
|
Eggs
1 dozen
|
$5.42
ISK747
|
$6.80
CHF5.98
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,173
|
$12.89
CHF11.34
|
|
| Apples (1 lb) |
$1.22
ISK169
|
$1.52
CHF1.33
|
|
| Bananas (1 lb) |
$1.03
ISK142
|
$1.03
CHF0.91
|
|
| Oranges (1 lb) |
$1.17
ISK161
|
$1.31
CHF1.16
|
|
| Tomatoes (1 lb) |
$1.87
ISK258
|
$2.85
CHF2.51
|
|
| Potatoes (1 lb) |
$1.23
ISK170
|
$1.12
CHF0.98
|
|
| Onions (1 lb) |
$0.78
ISK108
|
$1.07
CHF0.94
|
|
pay 33.8% more for transportation
|
Iceland
|
Switzerland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,153
|
$7.83
CHF6.89
|
|
| Monthly public transit pass |
$71.28
ISK9,828
|
$114.11
CHF100.40
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,606,292
|
$36,806.66
CHF32,383.90
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK3,038
|
$42.03
CHF36.98
|
|
pay 41.8% more for housing
|
Iceland
|
Switzerland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,951
|
$53.46
CHF47.03
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK253,429
|
$1,622.75
CHF1,427.76
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK206,513
|
$1,411.84
CHF1,242.19
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,999
|
$180.02
CHF158.39
|
|
pay 7.5 times more for childcare
|
Iceland
|
Switzerland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK35,596
|
$2,587.05
CHF2,276.18
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK826,452
|
$30,321.56
CHF26,678.06
|
|
pay 15.8% more for entertainment and sports
|
Iceland
|
Switzerland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,267
|
$7.82
CHF6.88
|
|
| Cappuccino in mid-range area |
$4.65
ISK641
|
$5.42
CHF4.77
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,621
|
$10.09
CHF8.88
|
|
| Monthly membership at local gym |
$61.46
ISK8,474
|
$88.49
CHF77.85
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,978
|
$21.15
CHF18.61
|
|
pay 0.1% more for clothing
|
Iceland
|
Switzerland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK15,336
|
$121.70
CHF107.07
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK8,230
|
$61.65
CHF54.25
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK20,406
|
$136.06
CHF119.71
|
|
| Men's business shoes (leather) |
$184.49
ISK25,438
|
$176.75
CHF155.51
|
|
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