- Cost of Living
- Iceland
- India
- Comparison
Cost of living in Iceland compared to India
Currency:
| Food | + 320% | |||
|---|---|---|---|---|
| Food in Iceland is 320% more expensive than in India | ||||
| Basic lunchtime menu (including a drink) in the business district | 2,438 kr (₨1,599) | ₨419 | + 281% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | 1,691 kr (₨1,108) | ₨265 | + 318% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,180 kr (₨773) | ₨142 | + 443% | |
| 1 liter (1 qt.) of whole fat milk | 178 kr (₨117) | ₨51 | + 127% | |
| 12 eggs, large | 794 kr (₨521) | ₨72 | + 628% | |
| 1 kg (2 lb.) of tomatoes | 651 kr (₨427) | ₨41 | + 936% | |
| 500 gr (16 oz.) of local cheese | 1,226 kr (₨804) | ₨199 | + 304% | |
| 1 kg (2 lb.) of apples | 465 kr (₨305) | ₨137 | + 122% | |
| 1 kg (2 lb.) of potatoes | 350 kr (₨230) | ₨24 | + 840% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 391 kr (₨256) | ₨119 | + 115% | |
| 1 bottle of red table wine, good quality | 3,062 kr (₨2,008) | ₨821 | + 145% | |
| 2 liters of Coca-Cola | 291 kr (₨191) | ₨81 | + 135% | |
| Bread for 2 people for 1 day | 343 kr (₨225) | ₨32 | + 603% | |
| Housing | + 392% | |||
| Housing in Iceland is 392% more expensive than in India | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 267,003 kr (₨175,040) | ₨31,388 | + 458% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 241,367 kr (₨158,234) | ₨21,568 | + 634% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 12,235 kr (₨8,021) | ₨4,255 | + 89% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 210,487 kr (₨137,989) | ₨25,491 | + 441% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 162,053 kr (₨106,237) | ₨15,581 | + 582% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | 22,017 kr (₨14,434) | ₨3,631 | + 298% | |
| Internet 8 Mbps (1 month) | 6,670 kr (₨4,373) | ₨850 | + 414% | |
| 40” flat screen TV | 85,746 kr (₨56,212) | ₨33,709 | + 67% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | 20,510 kr (₨13,446) | ₨10,280 | + 31% | |
| Laundry detergent (3 l. ~ 100 oz.) | 1,804 kr (₨1,182) | ₨373 | + 217% | |
| Hourly rate for cleaning help | 3,491 kr (₨2,288) | ₨526 | + 335% | |
| Clothes | + 195% | |||
| Clothes in Iceland is 195% more expensive than in India | ||||
| 1 pair of jeans (Levis 501 or similar) | 15,967 kr (₨10,467) | ₨2,399 | + 336% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | 9,525 kr (₨6,244) | ₨2,719 | + 130% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | 20,011 kr (₨13,118) | ₨3,705 | + 254% | |
| 1 pair of men’s leather business shoes | 28,733 kr (₨18,837) | ₨2,915 | + 546% | |
| Transportation | + 234% | |||
| Transportation in Iceland is 234% more expensive than in India | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | 3,435,000 kr (₨2,251,891) | ₨871,156 | + 158% | |
| 1 liter (1/4 gallon) of gas | 212 kr (₨139) | ₨77 | + 81% | |
| Monthly ticket public transport | 11,351 kr (₨7,441) | ₨1,313 | + 467% | |
| Personal Care | + 230% | |||
| Personal Care in Iceland is 230% more expensive than in India | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | 1,711 kr (₨1,122) | ₨131 | + 759% | |
| 1 box of antibiotics (12 doses) | 1,601 kr (₨1,049) | ₨283 | + 271% | |
| Short visit to private Doctor (15 minutes) | 4,541 kr (₨2,977) | ₨1,279 | + 133% | |
| 1 box of 32 tampons (Tampax, OB, ...) | 498 kr (₨327) | ₨246 | + 33% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 622 kr (₨408) | ₨179 | + 127% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 1,096 kr (₨718) | ₨222 | + 223% | |
| 4 rolls of toilet paper | 617 kr (₨404) | ₨136 | + 198% | |
| Tube of toothpaste | 350 kr (₨230) | ₨69 | + 235% | |
| Standard men's haircut in expat area of the city | 5,582 kr (₨3,659) | ₨283 | + 1193% | |
| Entertainment | + 87% | |||
| Entertainment in Iceland is 87% more expensive than in India | ||||
| Basic dinner out for two in neighborhood pub | 6,641 kr (₨4,354) | ₨1,225 | + 255% | |
| 2 tickets to the movies | 3,122 kr (₨2,047) | ₨472 | + 334% | |
| 2 tickets to the theater (best available seats) | 10,855 kr (₨7,116) | ₨1,803 | + 295% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | 9,164 kr (₨6,008) | ₨1,833 | + 228% | |
| 1 cocktail drink in downtown club | 2,516 kr (₨1,650) | ₨626 | + 164% | |
| Cappuccino in expat area of the city | 655 kr (₨429) | ₨189 | + 127% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,098 kr (₨720) | ₨203 | + 254% | |
| iPad Wi-Fi 128GB | 87,572 kr (₨57,410) | ₨38,978 | + 47% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 64 kr (₨42) | ₨53 | - 21% | |
| 1 month of gym membership in business district | 8,547 kr (₨5,603) | ₨1,890 | + 196% | |
| 1 package of Marlboro cigarettes | 1,477 kr (₨968) | ₨250 | + 288% | |
| TOTAL | + 240% | |||
These prices were last updated on September 21, 2018.
Exchange rate:
0.656
INR
/
ISK
This comparison is based on abundant and consistent data. It is based on 34,373 prices entered by 4,844 different people.
Cost of living in Iceland is 240% more expensive than in India
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