Cost of living in Iceland compared to India
Currency:
| Food | + 445% | |||
|---|---|---|---|---|
| Food in Iceland is 445% more expensive than in India | ||||
| Iceland | India | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 7,596 kr (₨4,636) | ₨383 | + 1111% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 2,977 kr (₨1,817) | ₨358 | + 407% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,608 kr (₨981) | ₨170 | + 477% | |
| 1 liter (1 qt.) of whole fat milk | 253 kr (₨155) | ₨60 | + 157% | |
| 12 eggs, large | 1,036 kr (₨632) | ₨94 | + 576% | |
| 1 kg (2 lb.) of tomatoes | 774 kr (₨472) | ₨45 | + 959% | |
| 500 gr (16 oz.) of local cheese | 1,658 kr (₨1,012) | ₨271 | + 273% | |
| 1 kg (2 lb.) of apples | 606 kr (₨370) | ₨195 | + 89% | |
| 1 kg (2 lb.) of potatoes | 466 kr (₨284) | ₨39 | + 634% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 563 kr (₨343) | ₨167 | + 106% | |
| 1 bottle of red table wine, good quality | 4,329 kr (₨2,642) | ₨965 | + 174% | |
| 2 liters of coca-cola | 385 kr (₨235) | ₨92 | + 154% | |
| Bread for 2 people for 1 day | 448 kr (₨273) | ₨41 | + 570% | |
| Housing | + 649% | |||
| Housing in Iceland is 649% more expensive than in India | ||||
| Iceland | India | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 415,163 kr (₨253,364) | ₨44,829 | + 465% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 344,698 kr (₨210,361) | ₨28,092 | + 649% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 222,135 kr (₨135,564) | ₨5,594 | + 2323% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 340,133 kr (₨207,575) | ₨26,703 | + 677% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 252,240 kr (₨153,936) | ₨16,237 | + 848% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 31,740 kr (₨19,370) | ₨4,587 | + 322% | |
| Internet 8 mbps (1 month) | 11,660 kr (₨7,116) | ₨748 | + 852% | |
| 40” flat screen tv | 135,104 kr (₨82,451) | ₨26,773 | + 208% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 24,394 kr (₨14,887) | ₨11,192 | + 33% | |
| Laundry detergent (3 l. ~ 100 oz.) | 2,814 kr (₨1,717) | ₨462 | + 272% | |
| Hourly rate for cleaning help | 5,651 kr (₨3,449) | ₨754 | + 357% | |
| Clothes | + 314% | |||
| Clothes in Iceland is 314% more expensive than in India | ||||
| Iceland | India | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 13,152 kr (₨8,026) | ₨2,548 | + 215% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 18,714 kr (₨11,421) | ₨2,614 | + 337% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 26,530 kr (₨16,190) | ₨4,093 | + 296% | |
| 1 pair of men’s leather business shoes | 25,574 kr (₨15,607) | ₨2,860 | + 446% | |
| Transportation | + 181% | |||
| Transportation in Iceland is 181% 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 (₨3,714,718) | ₨1,943,820 | + 91% | |
| 1 liter (1/4 gallon) of gas | 300 kr (₨183) | ₨103 | + 78% | |
| Monthly ticket public transport | 10,800 kr (₨6,591) | ₨1,332 | + 395% | |
| Personal Care | + 319% | |||
| Personal Care in Iceland is 319% more expensive than in India | ||||
| Iceland | India | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 1,367 kr (₨834) | ₨96 | + 768% | |
| 1 box of antibiotics (12 doses) | 3,085 kr (₨1,883) | ₨252 | + 647% | |
| Short visit to private doctor (15 minutes) | 19,528 kr (₨11,917) | ₨1,179 | + 911% | |
| 1 box of 32 tampons (tampax, ob, ...) | 750 kr (₨458) | ₨364 | + 26% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 665 kr (₨406) | ₨246 | + 65% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 948 kr (₨578) | ₨277 | + 108% | |
| 4 rolls of toilet paper | 863 kr (₨527) | ₨175 | + 201% | |
| Tube of toothpaste | 577 kr (₨352) | ₨88 | + 299% | |
| Standard men's haircut in expat area of the city | 7,963 kr (₨4,859) | ₨306 | + 1486% | |
| Entertainment | + 224% | |||
| Entertainment in Iceland is 224% more expensive than in India | ||||
| Iceland | India | Diff | ||
| Basic dinner out for two in neighborhood pub | 9,486 kr (₨5,789) | ₨1,435 | + 303% | |
| 2 tickets to the movies | 5,796 kr (₨3,537) | ₨661 | + 435% | |
| 2 tickets to the theater (best available seats) | 17,961 kr (₨10,961) | ₨1,775 | + 517% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 11,715 kr (₨7,149) | ₨2,158 | + 231% | |
| 1 cocktail drink in downtown club | 3,638 kr (₨2,220) | ₨578 | + 284% | |
| Cappuccino in expat area of the city | 811 kr (₨495) | ₨211 | + 134% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,366 kr (₨834) | ₨199 | + 319% | |
| Ipad wi-fi 128gb | 172,430 kr (₨105,230) | ₨46,790 | + 125% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | - | ₨7 | - | |
| 1 month of gym membership in business district | 25,228 kr (₨15,396) | ₨1,852 | + 731% | |
| 1 package of marlboro cigarettes | 1,827 kr (₨1,115) | ₨288 | + 287% | |
| TOTAL | + 351% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 5,457 prices entered by 711 different people.
These prices were last updated on January 14, 2025.
Exchange rate:
0.610
INR
/
ISK
Cost of living in Iceland is 351% more expensive than in India
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