Cost of living in Iceland compared to Cyprus
Currency:
Food | + 110% | |||
---|---|---|---|---|
Food in Iceland is 110% more expensive than in Cyprus | ||||
Iceland | Cyprus | Diff | ||
Basic lunchtime menu (including a drink) in the business district | 5,459 kr (€37) | €17 | + 113% | |
Combo meal in fast food restaurant (big mac meal or similar) | 2,999 kr (€20) | €7 | + 173% | |
500 gr (1 lb.) of boneless chicken breast | 1,493 kr (€10) | €4.15 | + 142% | |
1 liter (1 qt.) of whole fat milk | 236 kr (€1.59) | €1.78 | - 11% | |
12 eggs, large | 1,045 kr (€7) | €4.58 | + 53% | |
1 kg (2 lb.) of tomatoes | 666 kr (€4.48) | €2.51 | + 79% | |
500 gr (16 oz.) of local cheese | 1,713 kr (€12) | €7 | + 70% | |
1 kg (2 lb.) of apples | 399 kr (€2.68) | €1.95 | + 37% | |
1 kg (2 lb.) of potatoes | 468 kr (€3.14) | €1.01 | + 211% | |
0.5 l (16 oz) domestic beer in the supermarket | 699 kr (€4.69) | €1.55 | + 202% | |
1 bottle of red table wine, good quality | 3,728 kr (€25) | €9 | + 167% | |
2 liters of coca-cola | 396 kr (€2.66) | €2.39 | + 11% | |
Bread for 2 people for 1 day | 589 kr (€3.96) | €1.64 | + 141% | |
Housing | + 179% | |||
Housing in Iceland is 179% more expensive than in Cyprus | ||||
Iceland | Cyprus | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 337,107 kr (€2,264) | €1,504 | + 51% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 238,569 kr (€1,602) | €949 | + 69% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 222,135 kr (€1,492) | €229 | + 550% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 246,021 kr (€1,652) | €856 | + 93% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 155,625 kr (€1,045) | €516 | + 103% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 62,145 kr (€417) | €209 | + 99% | |
Internet 8 mbps (1 month) | 21,072 kr (€142) | €26 | + 454% | |
40” flat screen tv | 150,515 kr (€1,011) | €338 | + 199% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 24,394 kr (€164) | €120 | + 37% | |
Laundry detergent (3 l. ~ 100 oz.) | 3,236 kr (€22) | €6 | + 252% | |
Hourly rate for cleaning help | 7,154 kr (€48) | €8 | + 536% | |
Clothes | + 115% | |||
Clothes in Iceland is 115% more expensive than in Cyprus | ||||
Iceland | Cyprus | Diff | ||
1 pair of jeans (levis 501 or similar) | 16,280 kr (€109) | €99 | + 10% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | 18,714 kr (€126) | €39 | + 221% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | 26,530 kr (€178) | €96 | + 85% | |
1 pair of men’s leather business shoes | 35,893 kr (€241) | €120 | + 100% | |
Transportation | + 96% | |||
Transportation in Iceland is 96% more expensive than in Cyprus | ||||
Iceland | Cyprus | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 6,086,940 kr (€40,883) | €21,886 | + 87% | |
1 liter (1/4 gallon) of gas | 313 kr (€2.10) | €1.48 | + 43% | |
Monthly ticket public transport | 16,297 kr (€109) | €49 | + 125% | |
Personal Care | + 70% | |||
Personal Care in Iceland is 70% more expensive than in Cyprus | ||||
Iceland | Cyprus | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 2,500 kr (€17) | €9 | + 89% | |
1 box of antibiotics (12 doses) | 3,085 kr (€21) | €20 | + 4% | |
Short visit to private doctor (15 minutes) | 19,528 kr (€131) | €51 | + 157% | |
1 box of 32 tampons (tampax, ob, ...) | 750 kr (€5.04) | €5.40 | - 7% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | 665 kr (€4.47) | €4.39 | + 2% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 948 kr (€6) | €4.15 | + 53% | |
4 rolls of toilet paper | 863 kr (€5.80) | €2.17 | + 167% | |
Tube of toothpaste | 577 kr (€3.88) | €2.58 | + 50% | |
Standard men's haircut in expat area of the city | 6,596 kr (€44) | €15 | + 198% | |
Entertainment | + 94% | |||
Entertainment in Iceland is 94% more expensive than in Cyprus | ||||
Iceland | Cyprus | Diff | ||
Basic dinner out for two in neighborhood pub | 12,694 kr (€85) | €48 | + 76% | |
2 tickets to the movies | 5,796 kr (€39) | €23 | + 72% | |
2 tickets to the theater (best available seats) | 17,961 kr (€121) | €30 | + 302% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 18,942 kr (€127) | €87 | + 47% | |
1 cocktail drink in downtown club | 3,082 kr (€21) | €10 | + 99% | |
Cappuccino in expat area of the city | 697 kr (€4.68) | €4.11 | + 14% | |
1 beer in neighbourhood pub (500ml or 1pt.) | 1,183 kr (€8) | €4.06 | + 96% | |
Ipad wi-fi 128gb | 179,000 kr (€1,202) | €740 | + 62% | |
1 min. of prepaid mobile tariff (no discounts or plans) | - | €0.03 | - | |
1 month of gym membership in business district | 38,993 kr (€262) | €58 | + 353% | |
1 package of marlboro cigarettes | 1,775 kr (€12) | €4.77 | + 150% | |
TOTAL | + 118% |
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 796 prices entered by 93 different people.
These prices were last updated on March 02, 2024.
Exchange rate:
0.00672
EUR
/
ISK
Cost of living in Iceland is 118% more expensive than in Cyprus
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