Cost of living in Iceland compared to India
Currency:
| Food | + 268% | |||
|---|---|---|---|---|
| Food in Iceland is 268% more expensive than in India | ||||
| Basic lunchtime menu (including a drink) in the business district | 2,682 kr (₨1,536) | ₨384 | + 300% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 1,972 kr (₨1,129) | ₨275 | + 311% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,138 kr (₨652) | ₨144 | + 353% | |
| 1 liter (1 qt.) of whole fat milk | 157 kr (₨90) | ₨52 | + 72% | |
| 12 eggs, large | 755 kr (₨432) | ₨73 | + 489% | |
| 1 kg (2 lb.) of tomatoes | 592 kr (₨339) | ₨37 | + 807% | |
| 500 gr (16 oz.) of local cheese | 897 kr (₨514) | ₨211 | + 144% | |
| 1 kg (2 lb.) of apples | 415 kr (₨238) | ₨141 | + 69% | |
| 1 kg (2 lb.) of potatoes | 426 kr (₨244) | ₨27 | + 788% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 398 kr (₨228) | ₨128 | + 78% | |
| 1 bottle of red table wine, good quality | 3,115 kr (₨1,784) | ₨866 | + 106% | |
| 2 liters of coca-cola | 335 kr (₨192) | ₨83 | + 130% | |
| Bread for 2 people for 1 day | 320 kr (₨183) | ₨35 | + 428% | |
| Housing | + 383% | |||
| Housing in Iceland is 383% more expensive than in India | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 309,818 kr (₨177,419) | ₨31,558 | + 462% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 232,178 kr (₨132,958) | ₨20,330 | + 554% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 23,301 kr (₨13,344) | ₨4,117 | + 224% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 173,145 kr (₨99,153) | ₨24,151 | + 311% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 176,252 kr (₨100,932) | ₨14,137 | + 614% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 25,549 kr (₨14,631) | ₨3,167 | + 362% | |
| Internet 8 mbps (1 month) | 6,689 kr (₨3,830) | ₨760 | + 404% | |
| 40” flat screen tv | 86,633 kr (₨49,611) | ₨30,971 | + 60% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 25,900 kr (₨14,832) | ₨10,809 | + 37% | |
| Laundry detergent (3 l. ~ 100 oz.) | 1,925 kr (₨1,103) | ₨386 | + 186% | |
| Hourly rate for cleaning help | 3,410 kr (₨1,953) | ₨291 | + 571% | |
| Clothes | + 137% | |||
| Clothes in Iceland is 137% more expensive than in India | ||||
| 1 pair of jeans (levis 501 or similar) | 17,501 kr (₨10,022) | ₨2,354 | + 326% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 7,301 kr (₨4,181) | ₨2,586 | + 62% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 17,572 kr (₨10,063) | ₨3,750 | + 168% | |
| 1 pair of men’s leather business shoes | 29,325 kr (₨16,793) | ₨2,746 | + 511% | |
| Transportation | + 219% | |||
| Transportation in Iceland is 219% more expensive than in India | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 3,672,550 kr (₨2,103,108) | ₨919,180 | + 129% | |
| 1 liter (1/4 gallon) of gas | 191 kr (₨109) | ₨76 | + 44% | |
| Monthly ticket public transport | 12,731 kr (₨7,290) | ₨1,214 | + 500% | |
| Personal Care | + 157% | |||
| Personal Care in Iceland is 157% more expensive than in India | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 1,355 kr (₨776) | ₨109 | + 609% | |
| 1 box of antibiotics (12 doses) | 1,601 kr (₨917) | ₨210 | + 336% | |
| Short visit to private doctor (15 minutes) | 4,855 kr (₨2,780) | ₨1,059 | + 163% | |
| 1 box of 32 tampons (tampax, ob, ...) | 498 kr (₨285) | ₨251 | + 14% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 408 kr (₨233) | ₨173 | + 35% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 866 kr (₨496) | ₨228 | + 117% | |
| 4 rolls of toilet paper | 392 kr (₨224) | ₨149 | + 50% | |
| Tube of toothpaste | 403 kr (₨231) | ₨68 | + 240% | |
| Standard men's haircut in expat area of the city | 6,887 kr (₨3,944) | ₨257 | + 1437% | |
| Entertainment | + 195% | |||
| Entertainment in Iceland is 195% more expensive than in India | ||||
| Basic dinner out for two in neighborhood pub | 6,422 kr (₨3,678) | ₨1,231 | + 199% | |
| 2 tickets to the movies | 3,045 kr (₨1,744) | ₨477 | + 266% | |
| 2 tickets to the theater (best available seats) | 10,062 kr (₨5,762) | ₨1,729 | + 233% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 12,253 kr (₨7,017) | ₨1,952 | + 259% | |
| 1 cocktail drink in downtown club | 2,505 kr (₨1,434) | ₨706 | + 103% | |
| Cappuccino in expat area of the city | 713 kr (₨409) | ₨219 | + 87% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,141 kr (₨654) | ₨242 | + 170% | |
| Ipad wi-fi 128gb | 88,913 kr (₨50,916) | ₨33,736 | + 51% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 64 kr (₨37) | ₨4.01 | + 816% | |
| 1 month of gym membership in business district | 7,926 kr (₨4,539) | ₨2,002 | + 127% | |
| 1 package of marlboro cigarettes | 1,429 kr (₨818) | ₨246 | + 232% | |
| TOTAL | + 251% | |||
These prices were last updated on January 19, 2020.
Exchange rate:
0.573
INR
/
ISK
This comparison is based on abundant and consistent data. It is based on 19,509 prices entered by 2,355 different people.
Cost of living in Iceland is 251% more expensive than in India
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