Cost of living comparison
Iceland is 17.6% more expensive than Ireland.
If you lived in Iceland instead of Ireland, you would:
pay 34.0% more for restaurants
|
Ireland
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$17.71
€16.79
|
$19.40
ISK2,670
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.75
€9.25
|
$16.94
ISK2,332
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.15
€2.04
|
$2.81
ISK387
|
|
| Bottle of water (11 fl. oz) |
$1.66
€1.57
|
$2.02
ISK278
|
|
pay 37.4% more for groceries
|
Ireland
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.78
€1.69
|
$2.95
ISK407
|
|
| Local cheese (8 oz) |
$4.12
€3.91
|
$7.27
ISK1,000
|
|
| Milk (1 gallon) |
$5.05
€4.79
|
$6.01
ISK827
|
|
|
Eggs
1 dozen
|
$3.71
€3.52
|
$5.42
ISK746
|
|
| Boneless chicken breast (1 lb) |
$4.48
€4.25
|
$8.51
ISK1,171
|
|
| Apples (1 lb) |
$1.22
€1.15
|
$1.22
ISK168
|
|
| Bananas (1 lb) |
$0.91
€0.86
|
$1.03
ISK141
|
|
| Oranges (1 lb) |
$1.24
€1.18
|
$1.17
ISK161
|
|
| Tomatoes (1 lb) |
$1.58
€1.50
|
$1.87
ISK258
|
|
| Potatoes (1 lb) |
$0.80
€0.76
|
$1.23
ISK170
|
|
| Onions (1 lb) |
$0.59
€0.56
|
$0.78
ISK108
|
|
pay 2.0% less for transportation
|
Ireland
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.11
€6.75
|
$8.36
ISK1,151
|
|
| Monthly public transit pass |
$119.47
€113.30
|
$71.28
ISK9,812
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$37,943.34
€35,984.02
|
$40,660.66
ISK5,596,940
|
|
| Taxi trip in downtown area (5 miles) |
$20.48
€19.42
|
$22.04
ISK3,033
|
|
pay 11.7% more for housing
|
Ireland
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$46.92
€44.50
|
$72.17
ISK9,935
|
|
| 1-Bedroom apartment in downtown area |
$1,406.76
€1,334.11
|
$1,838.04
ISK253,006
|
|
| 1-Bedroom apartment outside city center |
$1,187.82
€1,126.48
|
$1,497.77
ISK206,168
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$159.87
€151.62
|
$58.01
ISK7,986
|
|
pay 42.8% less for childcare
|
Ireland
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$996.31
€944.86
|
$258.16
ISK35,536
|
|
| Middle school for 1 child, two semesters |
$6,771.62
€6,421.95
|
$5,993.99
ISK825,073
|
|
pay 15.1% more for entertainment and sports
|
Ireland
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.94
€5.63
|
$9.19
ISK1,265
|
|
| Cappuccino in mid-range area |
$3.80
€3.61
|
$4.65
ISK640
|
|
|
Pack of cigarettes
Marlboro or similar
|
$16.44
€15.59
|
$11.76
ISK1,618
|
|
| Monthly membership at local gym |
$55.70
€52.83
|
$61.46
ISK8,460
|
|
| Movie ticket to theater/cinema |
$12.29
€11.66
|
$14.35
ISK1,975
|
|
pay 70.1% more for clothing
|
Ireland
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$77.94
€73.92
|
$111.23
ISK15,311
|
|
|
Regular dress
from H&M or similar store
|
$37.83
€35.87
|
$59.69
ISK8,216
|
|
|
Running shoes
Nike or Adidas
|
$85.63
€81.21
|
$148.00
ISK20,372
|
|
| Men's business shoes (leather) |
$89.10
€84.50
|
$184.49
ISK25,396
|
|
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