Cost of living in Iceland compared to India
Currency:
| Food | + 297% | |||
|---|---|---|---|---|
| Food in Iceland is 297% more expensive than in India | ||||
| Basic lunchtime menu (including a drink) in the business district | 3,296 kr (₨1,872) | ₨368 | + 408% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 1,495 kr (₨849) | ₨290 | + 192% | |
| 500 gr (1 lb.) of boneless chicken breast | 941 kr (₨534) | ₨142 | + 276% | |
| 1 liter (1 qt.) of whole fat milk | 191 kr (₨108) | ₨52 | + 108% | |
| 12 eggs, large | 831 kr (₨472) | ₨72 | + 559% | |
| 1 kg (2 lb.) of tomatoes | 461 kr (₨262) | ₨36 | + 635% | |
| 500 gr (16 oz.) of local cheese | 904 kr (₨513) | ₨226 | + 127% | |
| 1 kg (2 lb.) of apples | 350 kr (₨199) | ₨138 | + 44% | |
| 1 kg (2 lb.) of potatoes | 277 kr (₨157) | ₨31 | + 409% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 360 kr (₨204) | ₨131 | + 56% | |
| 1 bottle of red table wine, good quality | 6,335 kr (₨3,597) | ₨769 | + 368% | |
| 2 liters of coca-cola | 345 kr (₨196) | ₨85 | + 130% | |
| Bread for 2 people for 1 day | 484 kr (₨275) | ₨35 | + 691% | |
| Housing | + 432% | |||
| Housing in Iceland is 432% more expensive than in India | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 235,454 kr (₨133,680) | ₨33,738 | + 296% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 255,127 kr (₨144,849) | ₨20,172 | + 618% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 33,887 kr (₨19,240) | ₨4,883 | + 294% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 168,623 kr (₨95,736) | ₨19,087 | + 402% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 154,550 kr (₨87,746) | ₨12,236 | + 617% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 21,721 kr (₨12,332) | ₨3,446 | + 258% | |
| Internet 8 mbps (1 month) | 11,469 kr (₨6,512) | ₨681 | + 856% | |
| 40” flat screen tv | 161,780 kr (₨91,851) | ₨29,258 | + 214% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 42,834 kr (₨24,319) | ₨10,189 | + 139% | |
| Laundry detergent (3 l. ~ 100 oz.) | 2,253 kr (₨1,279) | ₨401 | + 219% | |
| Hourly rate for cleaning help | 4,567 kr (₨2,593) | ₨261 | + 893% | |
| Clothes | + 509% | |||
| Clothes in Iceland is 509% more expensive than in India | ||||
| 1 pair of jeans (levis 501 or similar) | 42,000 kr (₨23,846) | ₨2,336 | + 921% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 22,000 kr (₨12,491) | ₨2,612 | + 378% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 35,000 kr (₨19,871) | ₨3,639 | + 446% | |
| 1 pair of men’s leather business shoes | 44,000 kr (₨24,981) | ₨2,723 | + 817% | |
| Transportation | + 267% | |||
| Transportation in Iceland is 267% more expensive than in India | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 5,289,920 kr (₨3,003,366) | ₨920,793 | + 226% | |
| 1 liter (1/4 gallon) of gas | 258 kr (₨147) | ₨79 | + 87% | |
| Monthly ticket public transport | 13,639 kr (₨7,743) | ₨1,209 | + 541% | |
| Personal Care | + 292% | |||
| Personal Care in Iceland is 292% more expensive than in India | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 1,200 kr (₨681) | ₨103 | + 559% | |
| 1 box of antibiotics (12 doses) | 2,500 kr (₨1,419) | ₨217 | + 554% | |
| Short visit to private doctor (15 minutes) | 7,321 kr (₨4,157) | ₨903 | + 360% | |
| 1 box of 32 tampons (tampax, ob, ...) | 620 kr (₨352) | ₨324 | + 9% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 1,188 kr (₨674) | ₨162 | + 316% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 650 kr (₨369) | ₨256 | + 44% | |
| 4 rolls of toilet paper | 800 kr (₨454) | ₨147 | + 209% | |
| Tube of toothpaste | 650 kr (₨369) | ₨68 | + 442% | |
| Standard men's haircut in expat area of the city | 5,602 kr (₨3,181) | ₨243 | + 1207% | |
| Entertainment | + 379% | |||
| Entertainment in Iceland is 379% more expensive than in India | ||||
| Basic dinner out for two in neighborhood pub | 16,689 kr (₨9,475) | ₨1,202 | + 688% | |
| 2 tickets to the movies | 3,582 kr (₨2,034) | ₨474 | + 329% | |
| 2 tickets to the theater (best available seats) | 20,600 kr (₨11,695) | ₨1,691 | + 592% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 27,766 kr (₨15,764) | ₨1,629 | + 868% | |
| 1 cocktail drink in downtown club | 2,796 kr (₨1,587) | ₨590 | + 169% | |
| Cappuccino in expat area of the city | 722 kr (₨410) | ₨186 | + 121% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,097 kr (₨623) | ₨190 | + 228% | |
| Ipad wi-fi 128gb | 120,000 kr (₨68,130) | ₨36,065 | + 89% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 44 kr (₨25) | ₨5.16 | + 384% | |
| 1 month of gym membership in business district | 15,861 kr (₨9,005) | ₨1,606 | + 461% | |
| 1 package of marlboro cigarettes | 1,891 kr (₨1,074) | ₨270 | + 297% | |
| TOTAL | + 354% | |||
This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 12,431 prices entered by 2,257 different people.
These prices were last updated on January 15, 2021.
Exchange rate:
0.568
INR
/
ISK
Cost of living in Iceland is 354% more expensive than in India
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