Cost of living comparison
Iceland is 5.7 times more expensive than India overall.
- Restaurants
-
pay 7.9 times more in Iceland
- Groceries
-
pay 4.6 times more in Iceland
- Transportation
-
pay 4.8 times more in Iceland
- Housing
-
pay 10.4 times more in Iceland
- Childcare
-
pay 4.2 times more in Iceland
- Entertainment and Sports
-
pay 3.9 times more in Iceland
- Clothing
-
pay 4.1 times more in Iceland
The cost of housing, restaurants, transportation, groceries, childcare, and clothing in Iceland are more expensive than in India. Notably, housing, restaurants, and transportation are significantly more expensive in Iceland.
If you lived in Iceland instead of India, you would:
pay 7.9 times more for restaurants
|
India
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$2.40
₹209.08
|
$19.40
ISK2,633
|
|
|
Fast food combo meal
McDonalds, or similar
|
$3.90
₹339.96
|
$16.94
ISK2,300
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.40
₹34.51
|
$2.81
ISK382
|
|
| Bottle of water (11 fl. oz) |
$0.17
₹14.47
|
$2.02
ISK274
|
|
pay 4.6 times more for groceries
|
India
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.46
₹40.12
|
$2.95
ISK401
|
|
| Local cheese (8 oz) |
$2.54
₹221.13
|
$7.27
ISK986
|
|
| Milk (1 gallon) |
$2.56
₹222.97
|
$6.01
ISK815
|
|
|
Eggs
1 dozen
|
$0.94
₹81.82
|
$5.42
ISK736
|
|
| Boneless chicken breast (1 lb) |
$1.37
₹118.99
|
$8.51
ISK1,155
|
|
| Apples (1 lb) |
$0.88
₹76.96
|
$1.22
ISK166
|
|
| Bananas (1 lb) |
$0.32
₹28.26
|
$1.03
ISK139
|
|
| Oranges (1 lb) |
$0.48
₹41.47
|
$1.17
ISK159
|
|
| Tomatoes (1 lb) |
$0.24
₹21.02
|
$1.87
ISK254
|
|
| Potatoes (1 lb) |
$0.16
₹14.24
|
$1.23
ISK168
|
|
| Onions (1 lb) |
$0.19
₹16.35
|
$0.78
ISK107
|
|
pay 4.8 times more for transportation
|
India
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.62
₹402.15
|
$8.36
ISK1,135
|
|
| Monthly public transit pass |
$10.12
₹881.88
|
$71.28
ISK9,676
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$13,525.56
₹1,178,218.73
|
$40,660.66
ISK5,519,478
|
|
| Taxi trip in downtown area (5 miles) |
$2.94
₹255.99
|
$22.04
ISK2,991
|
|
pay 10.4 times more for housing
|
India
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$7.39
₹643.33
|
$72.17
ISK9,797
|
|
| 1-Bedroom apartment in downtown area |
$138.05
₹12,025.90
|
$1,838.04
ISK249,504
|
|
| 1-Bedroom apartment outside city center |
$90.33
₹7,868.88
|
$1,497.77
ISK203,315
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$29.97
₹2,610.60
|
$58.01
ISK7,875
|
|
pay 4.2 times more for childcare
|
India
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$55.73
₹4,854.55
|
$258.16
ISK35,045
|
|
| Middle school for 1 child, two semesters |
$1,565.54
₹136,374.97
|
$5,993.99
ISK813,654
|
|
pay 3.9 times more for entertainment and sports
|
India
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.84
₹159.94
|
$9.19
ISK1,247
|
|
| Cappuccino in mid-range area |
$1.59
₹138.20
|
$4.65
ISK631
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.59
₹312.76
|
$11.76
ISK1,596
|
|
| Monthly membership at local gym |
$15.33
₹1,335.45
|
$61.46
ISK8,343
|
|
| Movie ticket to theater/cinema |
$3.35
₹292.02
|
$14.35
ISK1,948
|
|
pay 4.1 times more for clothing
|
India
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$24.02
₹2,092.66
|
$111.23
ISK15,099
|
|
|
Regular dress
from H&M or similar store
|
$25.36
₹2,209.34
|
$59.69
ISK8,102
|
|
|
Running shoes
Nike or Adidas
|
$41.62
₹3,625.28
|
$148.00
ISK20,090
|
|
| Men's business shoes (leather) |
$31.12
₹2,710.58
|
$184.49
ISK25,044
|
|
Change currency:
Help us improve these prices
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Iceland or India. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.