Cost of living comparison
Iceland is 0.7% more expensive than Paris.
If you lived in Iceland instead of Paris, you would:
pay 2.6% less for restaurants
|
Paris
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$16.08
€15.20
|
$19.40
ISK2,665
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.86
€12.16
|
$16.94
ISK2,327
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$4.09
€3.87
|
$2.81
ISK386
|
|
| Bottle of water (11 fl. oz) |
$2.96
€2.80
|
$2.02
ISK278
|
|
pay 0.4% more for groceries
|
Paris
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.01
€1.90
|
$2.95
ISK406
|
|
| Local cheese (8 oz) |
$11.23
€10.62
|
$7.27
ISK998
|
|
| Milk (1 gallon) |
$5.41
€5.11
|
$6.01
ISK825
|
|
|
Eggs
1 dozen
|
$4.85
€4.58
|
$5.42
ISK744
|
|
| Boneless chicken breast (1 lb) |
$6.32
€5.97
|
$8.51
ISK1,169
|
|
| Apples (1 lb) |
$1.58
€1.50
|
$1.22
ISK168
|
|
| Bananas (1 lb) |
$1.05
€0.99
|
$1.03
ISK141
|
|
| Oranges (1 lb) |
$1.50
€1.42
|
$1.17
ISK161
|
|
| Tomatoes (1 lb) |
$1.78
€1.68
|
$1.87
ISK257
|
|
| Potatoes (1 lb) |
$1.10
€1.04
|
$1.23
ISK170
|
|
| Onions (1 lb) |
$1.21
€1.14
|
$0.78
ISK108
|
|
pay 0.2% less for transportation
|
Paris
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.65
€7.24
|
$8.36
ISK1,149
|
|
| Monthly public transit pass |
$92.60
€87.54
|
$71.28
ISK9,792
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$32,688.77
€30,902.59
|
$40,660.66
ISK5,585,962
|
|
| Taxi trip in downtown area (5 miles) |
$24.84
€23.48
|
$22.04
ISK3,027
|
|
pay 30.4% more for housing
|
Paris
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$33.65
€31.81
|
$72.17
ISK9,915
|
|
| 1-Bedroom apartment in downtown area |
$1,367.25
€1,292.54
|
$1,838.04
ISK252,510
|
|
| 1-Bedroom apartment outside city center |
$1,057.37
€999.59
|
$1,497.77
ISK205,764
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$188.37
€178.08
|
$58.01
ISK7,970
|
|
pay 64.2% less for childcare
|
Paris
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$756.26
€714.94
|
$258.16
ISK35,467
|
|
| Middle school for 1 child, two semesters |
$15,942.48
€15,071.35
|
$5,993.99
ISK823,455
|
|
pay 17.9% more for entertainment and sports
|
Paris
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$7.50
€7.09
|
$9.19
ISK1,262
|
|
| Cappuccino in mid-range area |
$4.31
€4.08
|
$4.65
ISK639
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.40
€12.66
|
$11.76
ISK1,615
|
|
| Monthly membership at local gym |
$36.48
€34.49
|
$61.46
ISK8,443
|
|
| Movie ticket to theater/cinema |
$13.93
€13.17
|
$14.35
ISK1,971
|
|
pay 23.0% more for clothing
|
Paris
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$103.81
€98.14
|
$111.23
ISK15,281
|
|
|
Regular dress
from H&M or similar store
|
$46.57
€44.02
|
$59.69
ISK8,200
|
|
|
Running shoes
Nike or Adidas
|
$111.54
€105.45
|
$148.00
ISK20,332
|
|
| Men's business shoes (leather) |
$148.98
€140.83
|
$184.49
ISK25,346
|
|
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