Cost of living comparison

compared to

Washington vs. Iceland Cost of Living Summary

Washington is 2.1 times more expensive than Iceland overall.

Restaurants: pay 2.1% more in Washington
Groceries: pay 32.5% more in Washington
Transportation: pay 13.7% less in Washington
Housing: pay 55.2% more in Washington
Childcare: pay 7.6 times more in Washington
Entertainment and Sports: pay 24.8% more in Washington
Clothing: pay 20.1% less in Washington

The cost of childcare, housing, groceries, entertainment and sports, and restaurants in Washington are more expensive than in Iceland. Expenses including clothing and transportation are lower in Washington. Notably, childcare is significantly more expensive in Washington.

Washington vs. Iceland Cost Breakdown

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

Display currency: USD

pay 2.1% more for restaurants

	Iceland	Washington
Basic meal with drink at inexpensive restaurant	$19.40 ISK2,711	$25.00	+28.9%
Fast food combo meal McDonalds, or similar	$16.94 ISK2,368	$12.00	-29.2%
Bottle of Coca-Cola (11 fl. oz)	$2.81 ISK393	$2.78	-1.0%
Bottle of water (11 fl. oz)	$2.02 ISK283	$2.22	+9.6%
Average			+2.1%

Iceland vs. Washington - Cost of restaurants

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pay 32.5% more for groceries

	Iceland	Washington
Bread 1 loaf	$2.95 ISK413	$4.34	+47.0%
Local cheese (8 oz)	$7.27 ISK1,016	$7.84	+7.9%
Milk (1 gallon)	$6.01 ISK840	$4.14	-31.0%
Eggs 1 dozen	$5.42 ISK757	$3.91	-27.9%
Boneless chicken breast (1 lb)	$8.51 ISK1,189	$6.73	-20.9%
Apples (1 lb)	$1.22 ISK171	$2.70	+120.7%
Bananas (1 lb)	$1.03 ISK143	$0.85	-17.0%
Oranges (1 lb)	$1.17 ISK164	$2.46	+110.2%
Tomatoes (1 lb)	$1.87 ISK262	$2.59	+38.3%
Potatoes (1 lb)	$1.23 ISK173	$1.55	+25.6%
Onions (1 lb)	$0.78 ISK110	$1.61	+105.0%
Average			+32.5%

Iceland vs. Washington - Cost of groceries

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pay 13.7% less for transportation

	Iceland	Washington
Gasoline (1 gallon)	$8.36 ISK1,169	$3.66	-56.3%
Monthly public transit pass	$71.28 ISK9,963	$75.00	+5.2%
New Volkswagen Golf 1.4 (standard edition)	$40,660.66 ISK5,683,547	$35,699.74	-12.2%
Taxi trip in downtown area (5 miles)	$22.04 ISK3,080	$23.88	+8.4%
Average			-13.7%

Iceland vs. Washington - Cost of transportation

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pay 55.2% more for housing

	Iceland	Washington
Internet connection 50 mbps or faster, cable/dsl	$72.17 ISK10,089	$66.46	-7.9%
1-Bedroom apartment in downtown area	$1,838.04 ISK256,921	$2,582.95	+40.5%
1-Bedroom apartment outside city center	$1,497.77 ISK209,358	$2,028.70	+35.4%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$58.01 ISK8,109	$146.65	+152.8%
Average			+55.2%

Iceland vs. Washington - Cost of housing

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pay 7.6 times more for childcare

	Iceland	Washington
Private preschool for 1 child, monthly	$258.16 ISK36,086	$2,273.25	+780.5%
Middle school for 1 child, two semesters	$5,993.99 ISK837,840	$38,250.00	+538.1%
Average			+659.3%

Iceland vs. Washington - Cost of childcare

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pay 24.8% more for entertainment and sports

	Iceland	Washington
Domestic/local beer (1 pint)	$9.19 ISK1,284	$8.00	-12.9%
Cappuccino in mid-range area	$4.65 ISK650	$5.55	+19.4%
Pack of cigarettes Marlboro or similar	$11.76 ISK1,643	$11.75
Monthly membership at local gym	$61.46 ISK8,591	$106.36	+73.1%
Movie ticket to theater/cinema	$14.35 ISK2,006	$17.18	+19.7%
Average			+24.8%

Iceland vs. Washington - Cost of entertainment and sports

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pay 20.1% less for clothing

	Iceland	Washington
Regular jeans Levi's brand	$111.23 ISK15,548	$74.13	-33.4%
Regular dress from H&M or similar store	$59.69 ISK8,343	$50.77	-14.9%
Running shoes Nike or Adidas	$148.00 ISK20,687	$105.47	-28.7%
Men's business shoes (leather)	$184.49 ISK25,789	$178.48	-3.3%
Average			-20.1%

Iceland vs. Washington - 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: January 2025

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