- 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 | 2,564 kr (₨1,486) | ₨417 | + 257% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | 1,737 kr (₨1,007) | ₨266 | + 278% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,138 kr (₨660) | ₨142 | + 365% | |
| 1 liter (1 qt.) of whole fat milk | 161 kr (₨93) | ₨52 | + 81% | |
| 12 eggs, large | 797 kr (₨462) | ₨72 | + 544% | |
| 1 kg (2 lb.) of tomatoes | 625 kr (₨362) | ₨40 | + 802% | |
| 500 gr (16 oz.) of local cheese | 1,147 kr (₨665) | ₨201 | + 230% | |
| 1 kg (2 lb.) of apples | 479 kr (₨278) | ₨139 | + 100% | |
| 1 kg (2 lb.) of potatoes | 371 kr (₨215) | ₨25 | + 772% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 393 kr (₨228) | ₨121 | + 88% | |
| 1 bottle of red table wine, good quality | 2,917 kr (₨1,690) | ₨831 | + 103% | |
| 2 liters of Coca-Cola | 291 kr (₨168) | ₨82 | + 106% | |
| Bread for 2 people for 1 day | 331 kr (₨192) | ₨33 | + 489% | |
| Housing | + 325% | |||
| Housing in Iceland is 325% more expensive than in India | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 261,752 kr (₨151,690) | ₨30,904 | + 391% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 241,367 kr (₨139,877) | ₨21,285 | + 557% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 12,235 kr (₨7,090) | ₨4,411 | + 61% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 210,487 kr (₨121,981) | ₨25,314 | + 382% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 162,053 kr (₨93,913) | ₨15,654 | + 500% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | 22,017 kr (₨12,759) | ₨3,891 | + 228% | |
| Internet 8 Mbps (1 month) | 6,670 kr (₨3,865) | ₨844 | + 358% | |
| 40” flat screen TV | 85,746 kr (₨49,691) | ₨33,586 | + 48% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | 20,510 kr (₨11,886) | ₨10,568 | + 12% | |
| Laundry detergent (3 l. ~ 100 oz.) | 1,804 kr (₨1,045) | ₨382 | + 174% | |
| Hourly rate for cleaning help | 3,491 kr (₨2,023) | ₨545 | + 271% | |
| Clothes | + 161% | |||
| Clothes in Iceland is 161% more expensive than in India | ||||
| 1 pair of jeans (Levis 501 or similar) | 15,967 kr (₨9,253) | ₨2,402 | + 285% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | 9,525 kr (₨5,520) | ₨2,708 | + 104% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | 19,996 kr (₨11,588) | ₨3,721 | + 211% | |
| 1 pair of men’s leather business shoes | 28,733 kr (₨16,651) | ₨2,923 | + 470% | |
| Transportation | + 198% | |||
| Transportation in Iceland is 198% more expensive than in India | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | 3,426,470 kr (₨1,985,704) | ₨876,886 | + 126% | |
| 1 liter (1/4 gallon) of gas | 215 kr (₨124) | ₨78 | + 60% | |
| Monthly ticket public transport | 11,490 kr (₨6,659) | ₨1,324 | + 403% | |
| 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) | 1,711 kr (₨992) | ₨136 | + 629% | |
| 1 box of antibiotics (12 doses) | 1,601 kr (₨928) | ₨283 | + 228% | |
| Short visit to private Doctor (15 minutes) | 4,541 kr (₨2,632) | ₨1,544 | + 70% | |
| 1 box of 32 tampons (Tampax, OB, ...) | 498 kr (₨289) | ₨255 | + 13% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 622 kr (₨360) | ₨177 | + 104% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 967 kr (₨560) | ₨228 | + 146% | |
| 4 rolls of toilet paper | 571 kr (₨331) | ₨132 | + 150% | |
| Tube of toothpaste | 350 kr (₨203) | ₨70 | + 190% | |
| Standard men's haircut in expat area of the city | 5,582 kr (₨3,235) | ₨278 | + 1064% | |
| Entertainment | + 52% | |||
| Entertainment in Iceland is 52% more expensive than in India | ||||
| Basic dinner out for two in neighborhood pub | 6,466 kr (₨3,747) | ₨1,196 | + 213% | |
| 2 tickets to the movies | 3,094 kr (₨1,793) | ₨471 | + 281% | |
| 2 tickets to the theater (best available seats) | 11,063 kr (₨6,411) | ₨1,987 | + 223% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | 9,252 kr (₨5,362) | ₨1,802 | + 197% | |
| 1 cocktail drink in downtown club | 2,428 kr (₨1,407) | ₨643 | + 119% | |
| Cappuccino in expat area of the city | 655 kr (₨380) | ₨195 | + 94% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,090 kr (₨632) | ₨206 | + 207% | |
| iPad Wi-Fi 128GB | 84,869 kr (₨49,183) | ₨38,465 | + 28% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 64 kr (₨37) | ₨58 | - 36% | |
| 1 month of gym membership in business district | 8,232 kr (₨4,771) | ₨1,868 | + 155% | |
| 1 package of Marlboro cigarettes | 1,454 kr (₨843) | ₨248 | + 239% | |
| TOTAL | + 191% | |||
These prices were last updated on November 17, 2018.
Exchange rate:
0.580
INR
/
ISK
This comparison is based on abundant and consistent data. It is based on 33,965 prices entered by 4,766 different people.
Cost of living in Iceland is 191% more expensive than in India
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