Cost of living in Iceland compared to Japan
Currency:
| Food | + 135% | |||
|---|---|---|---|---|
| Food in Iceland is 135% more expensive than in Japan | ||||
| Iceland | Japan | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 4,287 kr (¥4,246) | ¥1,023 | + 315% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 2,748 kr (¥2,722) | ¥714 | + 281% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,229 kr (¥1,217) | ¥519 | + 135% | |
| 1 liter (1 qt.) of whole fat milk | 241 kr (¥239) | ¥198 | + 21% | |
| 12 eggs, large | 815 kr (¥808) | ¥315 | + 156% | |
| 1 kg (2 lb.) of tomatoes | 653 kr (¥647) | ¥629 | + 3% | |
| 500 gr (16 oz.) of local cheese | 1,271 kr (¥1,259) | ¥962 | + 31% | |
| 1 kg (2 lb.) of apples | 429 kr (¥425) | ¥902 | - 53% | |
| 1 kg (2 lb.) of potatoes | 475 kr (¥471) | ¥574 | - 18% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 662 kr (¥656) | ¥285 | + 130% | |
| 1 bottle of red table wine, good quality | 6,302 kr (¥6,242) | ¥1,252 | + 398% | |
| 2 liters of coca-cola | 346 kr (¥342) | ¥179 | + 92% | |
| Bread for 2 people for 1 day | 669 kr (¥663) | ¥206 | + 223% | |
| Housing | + 70% | |||
| Housing in Iceland is 70% more expensive than in Japan | ||||
| Iceland | Japan | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 348,121 kr (¥344,804) | ¥306,878 | + 12% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 277,000 kr (¥274,360) | ¥171,772 | + 60% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 65,177 kr (¥64,556) | ¥28,417 | + 127% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 214,441 kr (¥212,398) | ¥157,603 | + 35% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 189,329 kr (¥187,525) | ¥82,713 | + 127% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 42,933 kr (¥42,524) | ¥24,082 | + 77% | |
| Internet 8 mbps (1 month) | 6,518 kr (¥6,456) | ¥4,709 | + 37% | |
| 40” flat screen tv | 165,479 kr (¥163,902) | ¥47,482 | + 245% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 49,096 kr (¥48,628) | ¥32,093 | + 52% | |
| Laundry detergent (3 l. ~ 100 oz.) | 3,317 kr (¥3,285) | ¥1,313 | + 150% | |
| Hourly rate for cleaning help | 11,734 kr (¥11,622) | ¥1,878 | + 519% | |
| Clothes | + 285% | |||
| Clothes in Iceland is 285% more expensive than in Japan | ||||
| Iceland | Japan | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 37,157 kr (¥36,803) | ¥6,136 | + 500% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 15,761 kr (¥15,611) | ¥5,199 | + 200% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 31,870 kr (¥31,566) | ¥8,989 | + 251% | |
| 1 pair of men’s leather business shoes | 67,739 kr (¥67,094) | ¥13,588 | + 394% | |
| Transportation | + 32% | |||
| Transportation in Iceland is 32% more expensive than in Japan | ||||
| Iceland | Japan | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 5,967,620 kr (¥5,910,753) | ¥2,700,660 | + 119% | |
| 1 liter (1/4 gallon) of gas | 296 kr (¥293) | ¥165 | + 78% | |
| Monthly ticket public transport | 11,269 kr (¥11,161) | ¥10,143 | + 10% | |
| Personal Care | + 112% | |||
| Personal Care in Iceland is 112% more expensive than in Japan | ||||
| Iceland | Japan | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 713 kr (¥706) | ¥2,497 | - 72% | |
| 1 box of antibiotics (12 doses) | 3,600 kr (¥3,566) | ¥1,967 | + 81% | |
| Short visit to private doctor (15 minutes) | 24,000 kr (¥23,771) | ¥5,380 | + 342% | |
| 1 box of 32 tampons (tampax, ob, ...) | 1,114 kr (¥1,104) | ¥650 | + 70% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 2,112 kr (¥2,092) | ¥938 | + 123% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 851 kr (¥843) | ¥702 | + 20% | |
| 4 rolls of toilet paper | 1,255 kr (¥1,243) | ¥216 | + 476% | |
| Tube of toothpaste | 653 kr (¥647) | ¥216 | + 200% | |
| Standard men's haircut in expat area of the city | 7,548 kr (¥7,476) | ¥4,060 | + 84% | |
| Entertainment | + 111% | |||
| Entertainment in Iceland is 111% more expensive than in Japan | ||||
| Iceland | Japan | Diff | ||
| Basic dinner out for two in neighborhood pub | 9,762 kr (¥9,669) | ¥4,579 | + 111% | |
| 2 tickets to the movies | 5,350 kr (¥5,299) | ¥3,600 | + 47% | |
| 2 tickets to the theater (best available seats) | 28,094 kr (¥27,826) | ¥4,000 | + 596% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 21,937 kr (¥21,728) | ¥5,999 | + 262% | |
| 1 cocktail drink in downtown club | 3,419 kr (¥3,387) | ¥954 | + 255% | |
| Cappuccino in expat area of the city | 989 kr (¥980) | ¥472 | + 107% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,777 kr (¥1,760) | ¥583 | + 202% | |
| Ipad wi-fi 128gb | 188,000 kr (¥186,209) | ¥67,950 | + 174% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 70 kr (¥69) | ¥52 | + 34% | |
| 1 month of gym membership in business district | 13,622 kr (¥13,492) | ¥9,405 | + 43% | |
| 1 package of marlboro cigarettes | 1,792 kr (¥1,775) | ¥592 | + 200% | |
| TOTAL | + 88% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 879 prices entered by 119 different people.
These prices were last updated on June 07, 2023.
Exchange rate:
0.990
JPY
/
ISK
Cost of living in Iceland is 88% more expensive than in Japan
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