Cost of living in Iceland compared to Pakistan
Currency:
Food | + 503% | |||
---|---|---|---|---|
Food in Iceland is 503% more expensive than in Pakistan | ||||
Iceland | Pakistan | Diff | ||
Basic lunchtime menu (including a drink) in the business district | 7,596 kr (₨14,935) | ₨831 | + 1698% | |
Combo meal in fast food restaurant (big mac meal or similar) | 2,977 kr (₨5,853) | ₨1,067 | + 449% | |
500 gr (1 lb.) of boneless chicken breast | 1,608 kr (₨3,161) | ₨486 | + 550% | |
1 liter (1 qt.) of whole fat milk | 253 kr (₨498) | ₨226 | + 121% | |
12 eggs, large | 1,036 kr (₨2,037) | ₨323 | + 531% | |
1 kg (2 lb.) of tomatoes | 774 kr (₨1,522) | ₨171 | + 792% | |
500 gr (16 oz.) of local cheese | 1,658 kr (₨3,259) | ₨945 | + 245% | |
1 kg (2 lb.) of apples | 606 kr (₨1,191) | ₨292 | + 307% | |
1 kg (2 lb.) of potatoes | 466 kr (₨916) | ₨97 | + 845% | |
0.5 l (16 oz) domestic beer in the supermarket | 563 kr (₨1,106) | ₨630 | + 76% | |
1 bottle of red table wine, good quality | 4,329 kr (₨8,512) | ₨2,672 | + 219% | |
2 liters of coca-cola | 385 kr (₨757) | ₨253 | + 199% | |
Bread for 2 people for 1 day | 448 kr (₨881) | ₨150 | + 489% | |
Housing | + 718% | |||
Housing in Iceland is 718% more expensive than in Pakistan | ||||
Iceland | Pakistan | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 415,163 kr (₨816,255) | ₨114,506 | + 613% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 344,698 kr (₨677,713) | ₨72,564 | + 834% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 222,135 kr (₨436,741) | ₨24,768 | + 1663% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 340,133 kr (₨668,738) | ₨81,992 | + 716% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 252,240 kr (₨495,931) | ₨49,088 | + 910% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 31,740 kr (₨62,404) | ₨20,612 | + 203% | |
Internet 8 mbps (1 month) | 11,660 kr (₨22,924) | ₨2,457 | + 833% | |
40” flat screen tv | 135,104 kr (₨265,629) | ₨66,138 | + 302% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 24,394 kr (₨47,962) | ₨30,635 | + 57% | |
Laundry detergent (3 l. ~ 100 oz.) | 2,814 kr (₨5,532) | ₨1,176 | + 370% | |
Hourly rate for cleaning help | 5,651 kr (₨11,111) | ₨1,814 | + 513% | |
Clothes | + 327% | |||
Clothes in Iceland is 327% more expensive than in Pakistan | ||||
Iceland | Pakistan | Diff | ||
1 pair of jeans (levis 501 or similar) | 13,152 kr (₨25,857) | ₨3,685 | + 602% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | 18,714 kr (₨36,794) | ₨9,758 | + 277% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | 26,530 kr (₨52,160) | ₨12,486 | + 318% | |
1 pair of men’s leather business shoes | 25,574 kr (₨50,282) | ₨12,018 | + 318% | |
Transportation | + 291% | |||
Transportation in Iceland is 291% more expensive than in Pakistan | ||||
Iceland | Pakistan | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 6,086,940 kr (₨11,967,581) | ₨3,213,340 | + 272% | |
1 liter (1/4 gallon) of gas | 300 kr (₨590) | ₨272 | + 117% | |
Monthly ticket public transport | 10,800 kr (₨21,234) | ₨3,201 | + 563% | |
Personal Care | + 462% | |||
Personal Care in Iceland is 462% more expensive than in Pakistan | ||||
Iceland | Pakistan | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 1,367 kr (₨2,688) | ₨219 | + 1127% | |
1 box of antibiotics (12 doses) | 3,085 kr (₨6,065) | ₨697 | + 770% | |
Short visit to private doctor (15 minutes) | 19,528 kr (₨38,394) | ₨3,678 | + 944% | |
1 box of 32 tampons (tampax, ob, ...) | 750 kr (₨1,475) | ₨812 | + 82% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | 665 kr (₨1,308) | ₨591 | + 121% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 948 kr (₨1,863) | ₨560 | + 233% | |
4 rolls of toilet paper | 863 kr (₨1,697) | ₨409 | + 315% | |
Tube of toothpaste | 577 kr (₨1,135) | ₨244 | + 364% | |
Standard men's haircut in expat area of the city | 7,963 kr (₨15,655) | ₨629 | + 2388% | |
Entertainment | + 230% | |||
Entertainment in Iceland is 230% more expensive than in Pakistan | ||||
Iceland | Pakistan | Diff | ||
Basic dinner out for two in neighborhood pub | 9,486 kr (₨18,651) | ₨3,554 | + 425% | |
2 tickets to the movies | 5,796 kr (₨11,396) | ₨1,815 | + 528% | |
2 tickets to the theater (best available seats) | 17,961 kr (₨35,313) | ₨6,844 | + 416% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 11,715 kr (₨23,033) | ₨7,013 | + 228% | |
1 cocktail drink in downtown club | 3,638 kr (₨7,152) | ₨2,877 | + 149% | |
Cappuccino in expat area of the city | 811 kr (₨1,594) | ₨562 | + 184% | |
1 beer in neighbourhood pub (500ml or 1pt.) | 1,366 kr (₨2,686) | ₨1,033 | + 160% | |
Ipad wi-fi 128gb | 172,430 kr (₨339,016) | ₨149,999 | + 126% | |
1 min. of prepaid mobile tariff (no discounts or plans) | - | ₨255 | - | |
1 month of gym membership in business district | 25,228 kr (₨49,601) | ₨4,456 | + 1013% | |
1 package of marlboro cigarettes | 1,827 kr (₨3,593) | ₨574 | + 526% | |
TOTAL | + 429% |

These prices were last updated on February 07, 2025.
Exchange rate:
1.966
PKR
/
ISK
*
Cost of living in Iceland is 429% more expensive than in Pakistan
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