Cost of living comparison
Iceland is 27.8% more expensive than Ohio.
- Restaurants
-
pay 33.8% more in Iceland
- Groceries
-
pay 18.4% more in Iceland
- Transportation
-
pay 57.1% more in Iceland
- Housing
-
pay 27.4% more in Iceland
- Childcare
-
pay 68.9% less in Iceland
- Entertainment and Sports
-
pay 42.4% more in Iceland
- Clothing
-
pay 84.5% more in Iceland
The cost of clothing, transportation, entertainment and sports, restaurants, housing, and groceries in Iceland are more expensive than in Ohio. Notably, clothing is significantly more expensive in Iceland.
If you lived in Iceland instead of Ohio, you would:
pay 33.8% more for restaurants
|
Ohio
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$16.21
|
$19.40
ISK2,475
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.53
|
$16.94
ISK2,162
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.44
|
$2.81
ISK359
|
|
| Bottle of water (11 fl. oz) |
$1.65
|
$2.02
ISK258
|
|
pay 18.4% more for groceries
|
Ohio
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.76
|
$2.95
ISK377
|
|
| Local cheese (8 oz) |
$5.61
|
$7.27
ISK927
|
|
| Milk (1 gallon) |
$3.08
|
$6.01
ISK766
|
|
|
Eggs
1 dozen
|
$2.88
|
$5.42
ISK692
|
|
| Boneless chicken breast (1 lb) |
$4.97
|
$8.51
ISK1,086
|
|
| Apples (1 lb) |
$2.12
|
$1.22
ISK156
|
|
| Bananas (1 lb) |
$0.63
|
$1.03
ISK131
|
|
| Oranges (1 lb) |
$2.05
|
$1.17
ISK149
|
|
| Tomatoes (1 lb) |
$2.24
|
$1.87
ISK239
|
|
| Potatoes (1 lb) |
$1.33
|
$1.23
ISK158
|
|
| Onions (1 lb) |
$1.40
|
$0.78
ISK100
|
|
pay 57.1% more for transportation
|
Ohio
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.33
|
$8.36
ISK1,067
|
|
| Monthly public transit pass |
$61.42
|
$71.28
ISK9,096
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$32,661.16
|
$40,660.66
ISK5,188,707
|
|
| Taxi trip in downtown area (5 miles) |
$16.08
|
$22.04
ISK2,812
|
|
pay 27.4% more for housing
|
Ohio
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$59.00
|
$72.17
ISK9,210
|
|
| 1-Bedroom apartment in downtown area |
$1,081.51
|
$1,838.04
ISK234,552
|
|
| 1-Bedroom apartment outside city center |
$827.48
|
$1,497.77
ISK191,130
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$158.96
|
$58.01
ISK7,403
|
|
pay 68.9% less for childcare
|
Ohio
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$947.56
|
$258.16
ISK32,944
|
|
| Middle school for 1 child, two semesters |
$17,164.21
|
$5,993.99
ISK764,894
|
|
pay 42.4% more for entertainment and sports
|
Ohio
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.87
|
$9.19
ISK1,172
|
|
| Cappuccino in mid-range area |
$4.53
|
$4.65
ISK593
|
|
|
Pack of cigarettes
Marlboro or similar
|
$9.39
|
$11.76
ISK1,500
|
|
| Monthly membership at local gym |
$36.53
|
$61.46
ISK7,843
|
|
| Movie ticket to theater/cinema |
$11.25
|
$14.35
ISK1,831
|
|
pay 84.5% more for clothing
|
Ohio
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$48.17
|
$111.23
ISK14,194
|
|
|
Regular dress
from H&M or similar store
|
$44.16
|
$59.69
ISK7,617
|
|
|
Running shoes
Nike or Adidas
|
$80.54
|
$148.00
ISK18,886
|
|
| Men's business shoes (leather) |
$98.19
|
$184.49
ISK23,543
|
|
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