Cost of living in Iceland compared to India
Currency:
Food | + 407% | |||
---|---|---|---|---|
Food in Iceland is 407% more expensive than in India | ||||
Iceland | India | Diff | ||
Basic lunchtime menu (including a drink) in the business district | 5,459 kr (₨3,312) | ₨417 | + 695% | |
Combo meal in fast food restaurant (big mac meal or similar) | 2,999 kr (₨1,820) | ₨340 | + 436% | |
500 gr (1 lb.) of boneless chicken breast | 1,493 kr (₨906) | ₨168 | + 440% | |
1 liter (1 qt.) of whole fat milk | 236 kr (₨143) | ₨60 | + 139% | |
12 eggs, large | 1,045 kr (₨634) | ₨87 | + 628% | |
1 kg (2 lb.) of tomatoes | 666 kr (₨404) | ₨47 | + 753% | |
500 gr (16 oz.) of local cheese | 1,713 kr (₨1,039) | ₨243 | + 328% | |
1 kg (2 lb.) of apples | 399 kr (₨242) | ₨182 | + 33% | |
1 kg (2 lb.) of potatoes | 468 kr (₨284) | ₨32 | + 794% | |
0.5 l (16 oz) domestic beer in the supermarket | 699 kr (₨424) | ₨155 | + 174% | |
1 bottle of red table wine, good quality | 3,728 kr (₨2,262) | ₨912 | + 148% | |
2 liters of coca-cola | 396 kr (₨240) | ₨88 | + 173% | |
Bread for 2 people for 1 day | 589 kr (₨358) | ₨39 | + 813% | |
Housing | + 681% | |||
Housing in Iceland is 681% more expensive than in India | ||||
Iceland | India | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 337,107 kr (₨204,542) | ₨46,457 | + 340% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 238,569 kr (₨144,754) | ₨26,696 | + 442% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 222,135 kr (₨134,782) | ₨4,673 | + 2784% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 246,021 kr (₨149,275) | ₨26,601 | + 461% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 155,625 kr (₨94,427) | ₨14,895 | + 534% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 62,145 kr (₨37,707) | ₨4,065 | + 828% | |
Internet 8 mbps (1 month) | 21,072 kr (₨12,785) | ₨595 | + 2050% | |
40” flat screen tv | 150,515 kr (₨91,326) | ₨29,913 | + 205% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 24,394 kr (₨14,801) | ₨10,503 | + 41% | |
Laundry detergent (3 l. ~ 100 oz.) | 3,236 kr (₨1,963) | ₨455 | + 332% | |
Hourly rate for cleaning help | 7,154 kr (₨4,341) | ₨647 | + 571% | |
Clothes | + 315% | |||
Clothes in Iceland is 315% more expensive than in India | ||||
Iceland | India | Diff | ||
1 pair of jeans (levis 501 or similar) | 16,280 kr (₨9,878) | ₨2,412 | + 310% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | 18,714 kr (₨11,355) | ₨2,912 | + 290% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | 26,530 kr (₨16,097) | ₨4,109 | + 292% | |
1 pair of men’s leather business shoes | 35,893 kr (₨21,778) | ₨2,950 | + 638% | |
Transportation | + 286% | |||
Transportation in Iceland is 286% more expensive than in India | ||||
Iceland | India | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 6,086,940 kr (₨3,693,299) | ₨1,910,150 | + 93% | |
1 liter (1/4 gallon) of gas | 313 kr (₨190) | ₨102 | + 86% | |
Monthly ticket public transport | 16,297 kr (₨9,888) | ₨1,062 | + 831% | |
Personal Care | + 380% | |||
Personal Care in Iceland is 380% more expensive than in India | ||||
Iceland | India | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 2,500 kr (₨1,517) | ₨140 | + 986% | |
1 box of antibiotics (12 doses) | 3,085 kr (₨1,872) | ₨241 | + 677% | |
Short visit to private doctor (15 minutes) | 19,528 kr (₨11,849) | ₨953 | + 1144% | |
1 box of 32 tampons (tampax, ob, ...) | 750 kr (₨455) | ₨386 | + 18% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | 665 kr (₨404) | ₨200 | + 102% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 948 kr (₨575) | ₨294 | + 96% | |
4 rolls of toilet paper | 863 kr (₨524) | ₨155 | + 237% | |
Tube of toothpaste | 577 kr (₨350) | ₨86 | + 309% | |
Standard men's haircut in expat area of the city | 6,596 kr (₨4,002) | ₨275 | + 1356% | |
Entertainment | + 295% | |||
Entertainment in Iceland is 295% more expensive than in India | ||||
Iceland | India | Diff | ||
Basic dinner out for two in neighborhood pub | 12,694 kr (₨7,702) | ₨1,451 | + 431% | |
2 tickets to the movies | 5,796 kr (₨3,517) | ₨688 | + 411% | |
2 tickets to the theater (best available seats) | 17,961 kr (₨10,898) | ₨1,587 | + 587% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 18,942 kr (₨11,493) | ₨2,125 | + 441% | |
1 cocktail drink in downtown club | 3,082 kr (₨1,870) | ₨625 | + 199% | |
Cappuccino in expat area of the city | 697 kr (₨423) | ₨191 | + 121% | |
1 beer in neighbourhood pub (500ml or 1pt.) | 1,183 kr (₨718) | ₨188 | + 281% | |
Ipad wi-fi 128gb | 179,000 kr (₨108,610) | ₨47,373 | + 129% | |
1 min. of prepaid mobile tariff (no discounts or plans) | - | ₨1.67 | - | |
1 month of gym membership in business district | 38,993 kr (₨23,659) | ₨1,611 | + 1369% | |
1 package of marlboro cigarettes | 1,775 kr (₨1,077) | ₨289 | + 273% | |
TOTAL | + 401% |
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 7,601 prices entered by 1,077 different people.
These prices were last updated on March 19, 2024.
Exchange rate:
0.607
INR
/
ISK
Cost of living in Iceland is 401% more expensive than in India
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