Cost of living comparison
Iceland is 98.8% more expensive than Japan.
If you lived in Iceland instead of Japan, you would:
pay 3.0 times more for restaurants
|
Japan
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$6.44
¥990
|
$19.40
ISK2,691
|
|
|
Fast food combo meal
McDonalds, or similar
|
$4.94
¥760
|
$16.94
ISK2,350
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.97
¥149
|
$2.81
ISK390
|
|
| Bottle of water (11 fl. oz) |
$0.73
¥113
|
$2.02
ISK280
|
|
pay 36.5% more for groceries
|
Japan
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.52
¥234
|
$2.95
ISK410
|
|
| Local cheese (8 oz) |
$5.72
¥879
|
$7.27
ISK1,008
|
|
| Milk (1 gallon) |
$5.46
¥839
|
$6.01
ISK833
|
|
|
Eggs
1 dozen
|
$2.02
¥310
|
$5.42
ISK752
|
|
| Boneless chicken breast (1 lb) |
$2.73
¥419
|
$8.51
ISK1,180
|
|
| Apples (1 lb) |
$2.17
¥334
|
$1.22
ISK170
|
|
| Bananas (1 lb) |
$1.02
¥157
|
$1.03
ISK142
|
|
| Oranges (1 lb) |
$1.64
¥252
|
$1.17
ISK162
|
|
| Tomatoes (1 lb) |
$2.04
¥313
|
$1.87
ISK260
|
|
| Potatoes (1 lb) |
$1.26
¥194
|
$1.23
ISK171
|
|
| Onions (1 lb) |
$1.08
¥166
|
$0.78
ISK109
|
|
pay 48.1% more for transportation
|
Japan
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.22
¥649
|
$8.36
ISK1,160
|
|
| Monthly public transit pass |
$57.82
¥8,888
|
$71.28
ISK9,888
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$22,042.19
¥3,388,656
|
$40,660.66
ISK5,640,447
|
|
| Taxi trip in downtown area (5 miles) |
$25.42
¥3,909
|
$22.04
ISK3,057
|
|
pay 2.8 times more for housing
|
Japan
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$31.09
¥4,780
|
$72.17
ISK10,012
|
|
| 1-Bedroom apartment in downtown area |
$500.38
¥76,925
|
$1,838.04
ISK254,973
|
|
| 1-Bedroom apartment outside city center |
$325.42
¥50,028
|
$1,497.77
ISK207,771
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$113.04
¥17,378
|
$58.01
ISK8,048
|
|
pay 28.2% less for childcare
|
Japan
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$288.10
¥44,292
|
$258.16
ISK35,813
|
|
| Middle school for 1 child, two semesters |
$11,095.30
¥1,705,737
|
$5,993.99
ISK831,487
|
|
pay 2.1 times more for entertainment and sports
|
Japan
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.71
¥416
|
$9.19
ISK1,275
|
|
| Cappuccino in mid-range area |
$2.78
¥427
|
$4.65
ISK645
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.98
¥612
|
$11.76
ISK1,631
|
|
| Monthly membership at local gym |
$57.72
¥8,873
|
$61.46
ISK8,526
|
|
| Movie ticket to theater/cinema |
$11.97
¥1,841
|
$14.35
ISK1,990
|
|
pay 2.5 times more for clothing
|
Japan
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$40.54
¥6,233
|
$111.23
ISK15,430
|
|
|
Regular dress
from H&M or similar store
|
$26.82
¥4,123
|
$59.69
ISK8,280
|
|
|
Running shoes
Nike or Adidas
|
$54.08
¥8,314
|
$148.00
ISK20,530
|
|
| Men's business shoes (leather) |
$81.66
¥12,555
|
$184.49
ISK25,593
|
|
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