Cost of living in Iceland compared to India
Currency:
| Food | + 260% | |||
|---|---|---|---|---|
| Food in Iceland is 260% more expensive than in India | ||||
| Iceland | India | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 2,674 kr (₨1,551) | ₨345 | + 350% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 1,787 kr (₨1,037) | ₨288 | + 260% | |
| 500 gr (1 lb.) of boneless chicken breast | 961 kr (₨558) | ₨146 | + 282% | |
| 1 liter (1 qt.) of whole fat milk | 190 kr (₨110) | ₨54 | + 105% | |
| 12 eggs, large | 100 kr (₨58) | ₨81 | - 28% | |
| 1 kg (2 lb.) of tomatoes | 572 kr (₨332) | ₨36 | + 820% | |
| 500 gr (16 oz.) of local cheese | 852 kr (₨494) | ₨228 | + 117% | |
| 1 kg (2 lb.) of apples | 317 kr (₨184) | ₨157 | + 17% | |
| 1 kg (2 lb.) of potatoes | 331 kr (₨192) | ₨29 | + 552% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 459 kr (₨267) | ₨146 | + 83% | |
| 1 bottle of red table wine, good quality | 2,821 kr (₨1,637) | ₨679 | + 141% | |
| 2 liters of coca-cola | 336 kr (₨195) | ₨90 | + 117% | |
| Bread for 2 people for 1 day | 504 kr (₨292) | ₨35 | + 733% | |
| Housing | + 448% | |||
| Housing in Iceland is 448% more expensive than in India | ||||
| Iceland | India | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 301,800 kr (₨175,098) | ₨29,804 | + 488% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 267,065 kr (₨154,945) | ₨20,397 | + 660% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 33,887 kr (₨19,661) | ₨4,123 | + 377% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 205,251 kr (₨119,082) | ₨20,000 | + 495% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 170,620 kr (₨98,990) | ₨13,091 | + 656% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 21,721 kr (₨12,602) | ₨5,317 | + 137% | |
| Internet 8 mbps (1 month) | 9,153 kr (₨5,310) | ₨666 | + 697% | |
| 40” flat screen tv | 121,874 kr (₨70,709) | ₨28,029 | + 152% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 42,834 kr (₨24,851) | ₨11,430 | + 117% | |
| Laundry detergent (3 l. ~ 100 oz.) | 2,253 kr (₨1,307) | ₨350 | + 273% | |
| Hourly rate for cleaning help | 4,355 kr (₨2,527) | ₨509 | + 396% | |
| Clothes | + 144% | |||
| Clothes in Iceland is 144% more expensive than in India | ||||
| Iceland | India | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 16,512 kr (₨9,580) | ₨2,321 | + 313% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 7,331 kr (₨4,253) | ₨2,519 | + 69% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 18,754 kr (₨10,881) | ₨3,731 | + 192% | |
| 1 pair of men’s leather business shoes | 25,104 kr (₨14,565) | ₨2,851 | + 411% | |
| Transportation | + 204% | |||
| Transportation in Iceland is 204% more expensive than in India | ||||
| Iceland | India | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 3,899,760 kr (₨2,262,556) | ₨1,021,150 | + 122% | |
| 1 liter (1/4 gallon) of gas | 231 kr (₨134) | ₨96 | + 40% | |
| Monthly ticket public transport | 12,639 kr (₨7,333) | ₨1,210 | + 506% | |
| Personal Care | + 246% | |||
| Personal Care in Iceland is 246% more expensive than in India | ||||
| Iceland | India | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 1,200 kr (₨696) | ₨107 | + 551% | |
| 1 box of antibiotics (12 doses) | 2,068 kr (₨1,200) | ₨218 | + 451% | |
| Short visit to private doctor (15 minutes) | 7,697 kr (₨4,466) | ₨605 | + 638% | |
| 1 box of 32 tampons (tampax, ob, ...) | 620 kr (₨360) | ₨376 | - 4% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 1,188 kr (₨689) | ₨192 | + 259% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 677 kr (₨393) | ₨268 | + 46% | |
| 4 rolls of toilet paper | 520 kr (₨301) | ₨164 | + 84% | |
| Tube of toothpaste | 650 kr (₨377) | ₨80 | + 371% | |
| Standard men's haircut in expat area of the city | 5,217 kr (₨3,027) | ₨245 | + 1138% | |
| Entertainment | + 243% | |||
| Entertainment in Iceland is 243% more expensive than in India | ||||
| Iceland | India | Diff | ||
| Basic dinner out for two in neighborhood pub | 11,778 kr (₨6,833) | ₨1,199 | + 470% | |
| 2 tickets to the movies | 3,223 kr (₨1,870) | ₨486 | + 285% | |
| 2 tickets to the theater (best available seats) | 20,600 kr (₨11,951) | ₨1,354 | + 783% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 14,645 kr (₨8,497) | ₨1,712 | + 396% | |
| 1 cocktail drink in downtown club | 2,690 kr (₨1,560) | ₨684 | + 128% | |
| Cappuccino in expat area of the city | 599 kr (₨347) | ₨204 | + 70% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,191 kr (₨691) | ₨173 | + 300% | |
| Ipad wi-fi 128gb | 120,000 kr (₨69,621) | ₨44,632 | + 56% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 22 kr (₨13) | ₨2.32 | + 439% | |
| 1 month of gym membership in business district | 7,357 kr (₨4,268) | ₨1,393 | + 206% | |
| 1 package of marlboro cigarettes | 2,057 kr (₨1,193) | ₨279 | + 328% | |
| TOTAL | + 279% | |||
These prices were last updated on January 18, 2022.
Exchange rate:
0.580
INR
/
ISK
This comparison is based on abundant and consistent data. It is based on 5,389 prices entered by 1,170 different people.
Cost of living in Iceland is 279% more expensive than in India
Other Country Comparisons
- Cost of living in Armenia is 26% more expensive than in India
- Cost of living in Albania is 47% more expensive than in India
- Cost of living in Antigua and Barbuda is 192% more expensive than in India
- Cost of living in Andorra is 193% more expensive than in India
- Cost of living in Netherlands Antilles is 177% more expensive than in India
- Cost of living in Afghanistan is 8% cheaper than in India
- Cost of living in Anguilla is 340% more expensive than in India
- Cost of living in Antarctica is in India