- Cost of Living
- Iceland
- India
- Comparison
Cost of living in Iceland compared to India
Currency:
| Food | + 267% | |||
|---|---|---|---|---|
| Food in Iceland is 267% more expensive than in India | ||||
| Basic lunchtime menu (including a drink) in the business district | 2,497 kr (₨1,472) | ₨393 | + 274% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | 1,740 kr (₨1,026) | ₨260 | + 294% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,114 kr (₨657) | ₨143 | + 361% | |
| 1 liter (1 qt.) of whole fat milk | 160 kr (₨94) | ₨51 | + 84% | |
| 12 eggs, large | 771 kr (₨455) | ₨71 | + 539% | |
| 1 kg (2 lb.) of tomatoes | 581 kr (₨342) | ₨38 | + 805% | |
| 500 gr (16 oz.) of local cheese | 1,197 kr (₨706) | ₨200 | + 253% | |
| 1 kg (2 lb.) of apples | 475 kr (₨280) | ₨138 | + 102% | |
| 1 kg (2 lb.) of potatoes | 405 kr (₨239) | ₨25 | + 869% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 378 kr (₨223) | ₨122 | + 83% | |
| 1 bottle of red table wine, good quality | 2,900 kr (₨1,709) | ₨836 | + 104% | |
| 2 liters of Coca-Cola | 285 kr (₨168) | ₨82 | + 105% | |
| Bread for 2 people for 1 day | 294 kr (₨173) | ₨33 | + 430% | |
| Housing | + 357% | |||
| Housing in Iceland is 357% more expensive than in India | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 256,996 kr (₨151,499) | ₨30,680 | + 394% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 230,782 kr (₨136,046) | ₨20,587 | + 561% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 23,677 kr (₨13,958) | ₨4,524 | + 209% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 213,901 kr (₨126,094) | ₨24,331 | + 418% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 167,852 kr (₨98,949) | ₨14,863 | + 566% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | 32,849 kr (₨19,364) | ₨3,576 | + 441% | |
| Internet 8 Mbps (1 month) | 6,272 kr (₨3,697) | ₨802 | + 361% | |
| 40” flat screen TV | 93,926 kr (₨55,369) | ₨34,012 | + 63% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | 23,588 kr (₨13,905) | ₨10,471 | + 33% | |
| Laundry detergent (3 l. ~ 100 oz.) | 1,696 kr (₨1,000) | ₨395 | + 153% | |
| Hourly rate for cleaning help | 3,737 kr (₨2,203) | ₨571 | + 286% | |
| Clothes | + 188% | |||
| Clothes in Iceland is 188% more expensive than in India | ||||
| 1 pair of jeans (Levis 501 or similar) | 16,841 kr (₨9,928) | ₨2,438 | + 307% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | 10,359 kr (₨6,107) | ₨2,726 | + 124% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | 22,522 kr (₨13,277) | ₨3,784 | + 251% | |
| 1 pair of men’s leather business shoes | 29,554 kr (₨17,422) | ₨2,944 | + 492% | |
| Transportation | + 197% | |||
| Transportation in Iceland is 197% more expensive than in India | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | 3,391,240 kr (₨1,999,134) | ₨883,012 | + 126% | |
| 1 liter (1/4 gallon) of gas | 216 kr (₨127) | ₨78 | + 62% | |
| Monthly ticket public transport | 11,375 kr (₨6,705) | ₨1,367 | + 391% | |
| Personal Care | + 172% | |||
| Personal Care in Iceland is 172% more expensive than in India | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | 1,318 kr (₨777) | ₨128 | + 506% | |
| 1 box of antibiotics (12 doses) | 1,601 kr (₨944) | ₨274 | + 244% | |
| Short visit to private Doctor (15 minutes) | 4,541 kr (₨2,677) | ₨1,317 | + 103% | |
| 1 box of 32 tampons (Tampax, OB, ...) | 498 kr (₨294) | ₨252 | + 16% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 594 kr (₨350) | ₨177 | + 97% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 855 kr (₨504) | ₨226 | + 123% | |
| 4 rolls of toilet paper | 510 kr (₨300) | ₨131 | + 129% | |
| Tube of toothpaste | 363 kr (₨214) | ₨71 | + 200% | |
| Standard men's haircut in expat area of the city | 5,730 kr (₨3,378) | ₨273 | + 1138% | |
| Entertainment | + 43% | |||
| Entertainment in Iceland is 43% more expensive than in India | ||||
| Basic dinner out for two in neighborhood pub | 5,908 kr (₨3,483) | ₨1,199 | + 190% | |
| 2 tickets to the movies | 3,095 kr (₨1,825) | ₨473 | + 285% | |
| 2 tickets to the theater (best available seats) | 9,691 kr (₨5,713) | ₨1,900 | + 201% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | 10,707 kr (₨6,311) | ₨1,984 | + 218% | |
| 1 cocktail drink in downtown club | 2,422 kr (₨1,427) | ₨594 | + 140% | |
| Cappuccino in expat area of the city | 636 kr (₨375) | ₨226 | + 66% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,080 kr (₨637) | ₨206 | + 210% | |
| iPad Wi-Fi 128GB | 84,869 kr (₨50,030) | ₨38,165 | + 31% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 64 kr (₨38) | ₨65 | - 42% | |
| 1 month of gym membership in business district | 8,011 kr (₨4,722) | ₨1,868 | + 153% | |
| 1 package of Marlboro cigarettes | 1,448 kr (₨854) | ₨256 | + 233% | |
| TOTAL | + 194% | |||
These prices were last updated on January 22, 2019.
Exchange rate:
0.589
INR
/
ISK
This comparison is based on abundant and consistent data. It is based on 31,699 prices entered by 4,462 different people.
Cost of living in Iceland is 194% more expensive than in India
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