Cost of living comparison

Iceland

compared to

Thailand

Thailand vs. Iceland Cost of Living Summary

Thailand is 40.4% cheaper than Iceland overall.

Restaurants: pay 77.2% less in Thailand
Groceries: pay 36.0% less in Thailand
Transportation: pay 47.5% less in Thailand
Housing: pay 61.2% less in Thailand
Childcare: pay 52.4% more in Thailand
Entertainment and Sports: pay 57.1% less in Thailand
Clothing: pay 56.2% less in Thailand

Expenses including restaurants, housing, entertainment and sports, clothing, transportation, and groceries are lower in Thailand.

Thailand vs. Iceland Cost Breakdown

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

Display currency: USD

pay 77.2% less for restaurants

	Iceland	Thailand
Basic meal with drink at inexpensive restaurant	$19.40 ISK2,491	$2.33 THB78.10	-88.0%
Fast food combo meal McDonalds, or similar	$16.94 ISK2,176	$6.02 THB201.51	-64.5%
Bottle of Coca-Cola (11 fl. oz)	$2.81 ISK361	$0.70 THB23.59	-74.9%
Bottle of water (11 fl. oz)	$2.02 ISK260	$0.38 THB12.70	-81.2%
Average			-77.2%

Iceland vs. Thailand - Cost of restaurants

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pay 36.0% less for groceries

	Iceland	Thailand
Bread 1 loaf	$2.95 ISK379	$1.40 THB46.84	-52.6%
Local cheese (8 oz)	$7.27 ISK933	$8.16 THB273.22	+12.3%
Milk (1 gallon)	$6.01 ISK771	$6.68 THB223.75	+11.3%
Eggs 1 dozen	$5.42 ISK696	$2.05 THB68.49	-62.2%
Boneless chicken breast (1 lb)	$8.51 ISK1,093	$1.29 THB43.19	-84.8%
Apples (1 lb)	$1.22 ISK157	$1.23 THB41.20	+0.6%
Bananas (1 lb)	$1.03 ISK132	$0.52 THB17.42	-49.3%
Oranges (1 lb)	$1.17 ISK150	$0.82 THB27.29	-30.4%
Tomatoes (1 lb)	$1.87 ISK241	$0.66 THB22.04	-64.9%
Potatoes (1 lb)	$1.23 ISK159	$0.69 THB23.17	-43.9%
Onions (1 lb)	$0.78 ISK101	$0.54 THB17.93	-31.7%
Average			-36.0%

Iceland vs. Thailand - Cost of groceries

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pay 47.5% less for transportation

	Iceland	Thailand
Gasoline (1 gallon)	$8.36 ISK1,074	$4.47 THB149.53	-46.6%
Monthly public transit pass	$71.28 ISK9,154	$25.43 THB851.32	-64.3%
New Volkswagen Golf 1.4 (standard edition)	$40,660.66 ISK5,221,945	$31,362.48 THB1,049,796.24	-22.9%
Taxi trip in downtown area (5 miles)	$22.04 ISK2,830	$9.67 THB323.55	-56.1%
Average			-47.5%

Iceland vs. Thailand - Cost of transportation

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pay 61.2% less for housing

	Iceland	Thailand
Internet connection 50 mbps or faster, cable/dsl	$72.17 ISK9,269	$17.13 THB573.54	-76.3%
1-Bedroom apartment in downtown area	$1,838.04 ISK236,055	$389.22 THB13,028.36	-78.8%
1-Bedroom apartment outside city center	$1,497.77 ISK192,355	$225.23 THB7,539.27	-85.0%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$58.01 ISK7,451	$55.17 THB1,846.84	-4.9%
Average			-61.2%

Iceland vs. Thailand - Cost of housing

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pay 52.4% more for childcare

	Iceland	Thailand
Private preschool for 1 child, monthly	$258.16 ISK33,155	$341.66 THB11,436.33	+32.3%
Middle school for 1 child, two semesters	$5,993.99 ISK769,793	$10,344.18 THB346,250.66	+72.6%
Average			+52.4%

Iceland vs. Thailand - Cost of childcare

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pay 57.1% less for entertainment and sports

	Iceland	Thailand
Domestic/local beer (1 pint)	$9.19 ISK1,180	$2.20 THB73.63	-76.1%
Cappuccino in mid-range area	$4.65 ISK597	$1.90 THB63.58	-59.1%
Pack of cigarettes Marlboro or similar	$11.76 ISK1,510	$3.85 THB128.78	-67.3%
Monthly membership at local gym	$61.46 ISK7,893	$48.79 THB1,633.20	-20.6%
Movie ticket to theater/cinema	$14.35 ISK1,843	$5.42 THB181.45	-62.2%
Average			-57.1%

Iceland vs. Thailand - Cost of entertainment and sports

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pay 56.2% less for clothing

	Iceland	Thailand
Regular jeans Levi's brand	$111.23 ISK14,285	$38.62 THB1,292.66	-65.3%
Regular dress from H&M or similar store	$59.69 ISK7,666	$29.36 THB982.78	-50.8%
Running shoes Nike or Adidas	$148.00 ISK19,007	$82.78 THB2,770.95	-44.1%
Men's business shoes (leather)	$184.49 ISK23,694	$65.55 THB2,194.31	-64.5%
Average			-56.2%

Iceland vs. Thailand - Cost of clothing

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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: April 2025

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