Cost of living comparison
Iceland is 23.4% cheaper than Switzerland.
If you lived in Iceland instead of Switzerland, you would:
pay 30.2% less for restaurants
|
Switzerland
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$27.66
CHF24.72
|
$19.40
ISK2,709
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.97
CHF15.16
|
$16.94
ISK2,366
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$4.67
CHF4.18
|
$2.81
ISK393
|
|
| Bottle of water (11 fl. oz) |
$4.13
CHF3.69
|
$2.02
ISK282
|
|
pay 19.7% less for groceries
|
Switzerland
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.64
CHF3.26
|
$2.95
ISK413
|
|
| Local cheese (8 oz) |
$13.22
CHF11.81
|
$7.27
ISK1,015
|
|
| Milk (1 gallon) |
$7.31
CHF6.53
|
$6.01
ISK839
|
|
|
Eggs
1 dozen
|
$6.80
CHF6.07
|
$5.42
ISK757
|
|
| Boneless chicken breast (1 lb) |
$12.89
CHF11.52
|
$8.51
ISK1,188
|
|
| Apples (1 lb) |
$1.52
CHF1.35
|
$1.22
ISK171
|
|
| Bananas (1 lb) |
$1.03
CHF0.92
|
$1.03
ISK143
|
|
| Oranges (1 lb) |
$1.31
CHF1.17
|
$1.17
ISK164
|
|
| Tomatoes (1 lb) |
$2.85
CHF2.55
|
$1.87
ISK262
|
|
| Potatoes (1 lb) |
$1.12
CHF1.00
|
$1.23
ISK172
|
|
| Onions (1 lb) |
$1.07
CHF0.96
|
$0.78
ISK110
|
|
pay 17.0% less for transportation
|
Switzerland
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.83
CHF7.00
|
$8.36
ISK1,168
|
|
| Monthly public transit pass |
$114.11
CHF101.97
|
$71.28
ISK9,956
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$36,806.66
CHF32,889.69
|
$40,660.66
ISK5,679,481
|
|
| Taxi trip in downtown area (5 miles) |
$42.03
CHF37.56
|
$22.04
ISK3,078
|
|
pay 3.3% less for housing
|
Switzerland
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$53.46
CHF47.77
|
$72.17
ISK10,081
|
|
| 1-Bedroom apartment in downtown area |
$1,622.75
CHF1,450.06
|
$1,838.04
ISK256,737
|
|
| 1-Bedroom apartment outside city center |
$1,411.84
CHF1,261.59
|
$1,497.77
ISK209,209
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$180.02
CHF160.86
|
$58.01
ISK8,103
|
|
pay 85.1% less for childcare
|
Switzerland
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$2,587.05
CHF2,311.74
|
$258.16
ISK36,060
|
|
| Middle school for 1 child, two semesters |
$30,321.56
CHF27,094.74
|
$5,993.99
ISK837,241
|
|
pay 8.6% less for entertainment and sports
|
Switzerland
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$7.82
CHF6.99
|
$9.19
ISK1,283
|
|
| Cappuccino in mid-range area |
$5.42
CHF4.84
|
$4.65
ISK649
|
|
|
Pack of cigarettes
Marlboro or similar
|
$10.09
CHF9.02
|
$11.76
ISK1,642
|
|
| Monthly membership at local gym |
$88.49
CHF79.07
|
$61.46
ISK8,585
|
|
| Movie ticket to theater/cinema |
$21.15
CHF18.90
|
$14.35
ISK2,004
|
|
pay 0.4% more for clothing
|
Switzerland
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$121.70
CHF108.75
|
$111.23
ISK15,537
|
|
|
Regular dress
from H&M or similar store
|
$61.65
CHF55.09
|
$59.69
ISK8,337
|
|
|
Running shoes
Nike or Adidas
|
$136.06
CHF121.58
|
$148.00
ISK20,673
|
|
| Men's business shoes (leather) |
$176.75
CHF157.94
|
$184.49
ISK25,770
|
|
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