Cost of living comparison
Iceland is 23.1% more expensive than Idaho.
- Restaurants
-
pay 14.4% more in Iceland
- Groceries
-
pay 32.4% more in Iceland
- Transportation
-
pay 65.8% more in Iceland
- Housing
-
pay 10.5% more in Iceland
- Childcare
-
pay 71.4% less in Iceland
- Entertainment and Sports
-
pay 24.8% more in Iceland
- Clothing
-
pay 85.2% more in Iceland
The cost of clothing, transportation, groceries, entertainment and sports, restaurants, and housing in Iceland are more expensive than in Idaho. Notably, clothing is significantly more expensive in Iceland.
If you lived in Iceland instead of Idaho, you would:
pay 14.4% more for restaurants
|
Idaho
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$18.08
|
$19.40
ISK2,564
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.08
|
$16.94
ISK2,239
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.75
|
$2.81
ISK372
|
|
| Bottle of water (11 fl. oz) |
$2.12
|
$2.02
ISK267
|
|
pay 32.4% more for groceries
|
Idaho
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.15
|
$2.95
ISK390
|
|
| Local cheese (8 oz) |
$5.18
|
$7.27
ISK960
|
|
| Milk (1 gallon) |
$3.32
|
$6.01
ISK794
|
|
|
Eggs
1 dozen
|
$2.95
|
$5.42
ISK716
|
|
| Boneless chicken breast (1 lb) |
$4.10
|
$8.51
ISK1,124
|
|
| Apples (1 lb) |
$1.76
|
$1.22
ISK162
|
|
| Bananas (1 lb) |
$0.67
|
$1.03
ISK136
|
|
| Oranges (1 lb) |
$1.37
|
$1.17
ISK155
|
|
| Tomatoes (1 lb) |
$1.49
|
$1.87
ISK248
|
|
| Potatoes (1 lb) |
$0.94
|
$1.23
ISK163
|
|
| Onions (1 lb) |
$0.93
|
$0.78
ISK104
|
|
pay 65.8% more for transportation
|
Idaho
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.70
|
$8.36
ISK1,105
|
|
| Monthly public transit pass |
$42.00
|
$71.28
ISK9,422
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$31,674.67
|
$40,660.66
ISK5,374,526
|
|
| Taxi trip in downtown area (5 miles) |
$15.82
|
$22.04
ISK2,913
|
|
pay 10.5% more for housing
|
Idaho
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$66.51
|
$72.17
ISK9,540
|
|
| 1-Bedroom apartment in downtown area |
$1,234.23
|
$1,838.04
ISK242,952
|
|
| 1-Bedroom apartment outside city center |
$1,120.11
|
$1,497.77
ISK197,975
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$114.25
|
$58.01
ISK7,668
|
|
pay 71.4% less for childcare
|
Idaho
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,323.99
|
$258.16
ISK34,124
|
|
| Middle school for 1 child, two semesters |
$15,880.00
|
$5,993.99
ISK792,286
|
|
pay 24.8% more for entertainment and sports
|
Idaho
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.17
|
$9.19
ISK1,214
|
|
| Cappuccino in mid-range area |
$5.21
|
$4.65
ISK614
|
|
|
Pack of cigarettes
Marlboro or similar
|
$8.90
|
$11.76
ISK1,554
|
|
| Monthly membership at local gym |
$55.18
|
$61.46
ISK8,124
|
|
| Movie ticket to theater/cinema |
$12.66
|
$14.35
ISK1,897
|
|
pay 85.2% more for clothing
|
Idaho
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$49.04
|
$111.23
ISK14,702
|
|
|
Regular dress
from H&M or similar store
|
$38.93
|
$59.69
ISK7,890
|
|
|
Running shoes
Nike or Adidas
|
$85.55
|
$148.00
ISK19,563
|
|
| Men's business shoes (leather) |
$98.25
|
$184.49
ISK24,386
|
|
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