Cost of living comparison

 Netherlands
compared to
 Iceland
Iceland vs. Netherlands Cost of Living Summary

Iceland is 11.2% more expensive than Netherlands overall.

Restaurants
pay 6.1% more in Iceland
Groceries
pay 26.5% more in Iceland
Transportation
pay 1.4% more in Iceland
Housing
pay 20.8% more in Iceland
Childcare
pay 58.9% less in Iceland
Entertainment and Sports
pay 31.4% more in Iceland
Clothing
pay 50.8% more in Iceland

The cost of clothing, entertainment and sports, groceries, housing, restaurants, and transportation in Iceland are more expensive than in Netherlands.

Iceland vs. Netherlands Cost Breakdown

If you lived in Iceland instead of Netherlands, you would:

pay 6.1% more for restaurants

 
Netherlands
Iceland
Basic meal with drink at inexpensive restaurant $18.74
€17.85
$19.40
ISK2,705
Fast food combo meal
McDonalds, or similar
$12.22
€11.63
$16.94
ISK2,362
Bottle of Coca-Cola (11 fl. oz) $2.94
€2.80
$2.81
ISK392

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pay 26.5% more for groceries

 
Netherlands
Iceland
Bread
1 loaf
$1.79
€1.70
$2.95
ISK412
Local cheese (8 oz) $6.20
€5.91
$7.27
ISK1,013
Milk (1 gallon) $4.40
€4.19
$6.01
ISK837

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pay 1.4% more for transportation

 
Netherlands
Iceland
Gasoline (1 gallon) $7.80
€7.42
$8.36
ISK1,166
Monthly public transit pass $95.88
€91.30
$71.28
ISK9,938
New Volkswagen Golf 1.4 (standard edition) $31,938.58
€30,410.44
$40,660.66
ISK5,669,316

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pay 20.8% more for housing

 
Netherlands
Iceland
Internet connection
50 mbps or faster, cable/dsl
$43.11
€41.05
$72.17
ISK10,063
1-Bedroom apartment in downtown area $1,289.16
€1,227.48
$1,838.04
ISK256,278
1-Bedroom apartment outside city center $1,051.87
€1,001.54
$1,497.77
ISK208,834

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pay 58.9% less for childcare

 
Netherlands
Iceland
Private preschool for 1 child, monthly $1,627.96
€1,550.07
$258.16
ISK35,996
Middle school for 1 child, two semesters $9,050.97
€8,617.92
$5,993.99
ISK835,743

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pay 31.4% more for entertainment and sports

 
Netherlands
Iceland
Domestic/local beer (1 pint) $5.55
€5.28
$9.19
ISK1,281
Cappuccino in mid-range area $3.60
€3.43
$4.65
ISK648
Pack of cigarettes
Marlboro or similar
$11.52
€10.97
$11.76
ISK1,639

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pay 50.8% more for clothing

 
Netherlands
Iceland
Regular jeans
Levi's brand
$84.34
€80.31
$111.23
ISK15,509
Regular dress
from H&M or similar store
$38.25
€36.42
$59.69
ISK8,322
Running shoes
Nike or Adidas
$92.60
€88.17
$148.00
ISK20,636

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: February 2025
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