Cost of living comparison
Iceland is 14.6% more expensive than Israel.
If you lived in Iceland instead of Israel, you would:
pay 3.4% more for restaurants
|
Israel
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$18.66
₪70.03
|
$19.51
ISK2,682
|
|
|
Fast food combo meal
McDonalds, or similar
|
$14.78
₪55.47
|
$16.45
ISK2,261
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.57
₪9.63
|
$2.70
ISK372
|
|
| Bottle of water (11 fl. oz) |
$2.12
₪7.95
|
$1.95
ISK269
|
|
pay 36.6% more for groceries
|
Israel
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.27
₪8.51
|
$3.16
ISK434
|
|
| Local cheese (8 oz) |
$6.89
₪25.87
|
$6.72
ISK923
|
|
| Milk (1 gallon) |
$6.60
₪24.78
|
$6.27
ISK862
|
|
|
Eggs
1 dozen
|
$3.71
₪13.92
|
$6.03
ISK829
|
|
| Boneless chicken breast (1 lb) |
$4.43
₪16.62
|
$7.60
ISK1,045
|
|
| Apples (1 lb) |
$1.37
₪5.16
|
$1.13
ISK155
|
|
| Bananas (1 lb) |
$0.93
₪3.50
|
$1.01
ISK139
|
|
| Oranges (1 lb) |
$0.78
₪2.94
|
$1.15
ISK159
|
|
| Tomatoes (1 lb) |
$0.84
₪3.15
|
$1.71
ISK235
|
|
| Potatoes (1 lb) |
$0.61
₪2.29
|
$1.13
ISK155
|
|
| Onions (1 lb) |
$0.62
₪2.32
|
$0.68
ISK94
|
|
pay 29.5% more for transportation
|
Israel
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.24
₪27.17
|
$8.42
ISK1,157
|
|
| Monthly public transit pass |
$54.77
₪205.51
|
$68.29
ISK9,387
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$38,392.11
₪144,067.36
|
$39,714.69
ISK5,458,784
|
|
| Taxi trip in downtown area (5 miles) |
$13.38
₪50.21
|
$23.23
ISK3,193
|
|
pay 56.4% more for housing
|
Israel
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$26.60
₪99.83
|
$74.47
ISK10,236
|
|
| 1-Bedroom apartment in downtown area |
$993.65
₪3,728.68
|
$1,518.94
ISK208,778
|
|
| 1-Bedroom apartment outside city center |
$858.83
₪3,222.78
|
$1,325.48
ISK182,187
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$173.67
₪651.72
|
$66.99
ISK9,208
|
|
pay 59.0% less for childcare
|
Israel
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$870.80
₪3,267.69
|
$254.97
ISK35,045
|
|
| Middle school for 1 child, two semesters |
$11,400.36
₪42,780.13
|
$5,993.83
ISK823,851
|
|
pay 14.5% more for entertainment and sports
|
Israel
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$7.84
₪29.43
|
$9.37
ISK1,288
|
|
| Cappuccino in mid-range area |
$3.63
₪13.62
|
$4.61
ISK634
|
|
|
Pack of cigarettes
Marlboro or similar
|
$9.56
₪35.86
|
$11.22
ISK1,542
|
|
| Monthly membership at local gym |
$65.58
₪246.11
|
$60.00
ISK8,247
|
|
| Movie ticket to theater/cinema |
$11.89
₪44.63
|
$13.94
ISK1,916
|
|
pay 20.9% more for clothing
|
Israel
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$88.40
₪331.73
|
$108.23
ISK14,877
|
|
|
Regular dress
from H&M or similar store
|
$57.67
₪216.43
|
$59.73
ISK8,210
|
|
|
Running shoes
Nike or Adidas
|
$114.82
₪430.86
|
$146.94
ISK20,197
|
|
| Men's business shoes (leather) |
$130.62
₪490.17
|
$169.24
ISK23,262
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Iceland or Israel. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.