Cost of living in Iceland compared to Pakistan
Currency:
Food | + 442% | |||
---|---|---|---|---|
Food in Iceland is 442% more expensive than in Pakistan | ||||
Iceland | Pakistan | Diff | ||
Basic lunchtime menu (including a drink) in the business district | 4,287 kr (₨8,683) | ₨851 | + 920% | |
Combo meal in fast food restaurant (big mac meal or similar) | 2,748 kr (₨5,567) | ₨952 | + 484% | |
500 gr (1 lb.) of boneless chicken breast | 1,229 kr (₨2,489) | ₨348 | + 614% | |
1 liter (1 qt.) of whole fat milk | 241 kr (₨489) | ₨169 | + 189% | |
12 eggs, large | 815 kr (₨1,652) | ₨282 | + 486% | |
1 kg (2 lb.) of tomatoes | 653 kr (₨1,323) | ₨250 | + 430% | |
500 gr (16 oz.) of local cheese | 1,271 kr (₨2,574) | ₨1,139 | + 126% | |
1 kg (2 lb.) of apples | 429 kr (₨869) | ₨290 | + 199% | |
1 kg (2 lb.) of potatoes | 475 kr (₨962) | ₨122 | + 686% | |
0.5 l (16 oz) domestic beer in the supermarket | 662 kr (₨1,341) | ₨549 | + 144% | |
1 bottle of red table wine, good quality | 6,302 kr (₨12,764) | ₨2,784 | + 358% | |
2 liters of coca-cola | 346 kr (₨700) | ₨289 | + 143% | |
Bread for 2 people for 1 day | 669 kr (₨1,356) | ₨191 | + 609% | |
Housing | + 572% | |||
Housing in Iceland is 572% more expensive than in Pakistan | ||||
Iceland | Pakistan | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 348,121 kr (₨705,112) | ₨115,670 | + 510% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 277,000 kr (₨561,058) | ₨70,950 | + 691% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 65,177 kr (₨132,015) | ₨25,995 | + 408% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 214,441 kr (₨434,346) | ₨59,502 | + 630% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 189,329 kr (₨383,482) | ₨50,821 | + 655% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 42,933 kr (₨86,960) | ₨20,152 | + 332% | |
Internet 8 mbps (1 month) | 6,518 kr (₨13,202) | ₨2,097 | + 530% | |
40” flat screen tv | 165,479 kr (₨335,174) | ₨71,636 | + 368% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 49,096 kr (₨99,442) | ₨23,262 | + 327% | |
Laundry detergent (3 l. ~ 100 oz.) | 3,317 kr (₨6,718) | ₨1,718 | + 291% | |
Hourly rate for cleaning help | 11,734 kr (₨23,767) | ₨1,977 | + 1102% | |
Clothes | + 657% | |||
Clothes in Iceland is 657% more expensive than in Pakistan | ||||
Iceland | Pakistan | Diff | ||
1 pair of jeans (levis 501 or similar) | 37,157 kr (₨75,260) | ₨3,426 | + 2097% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | 15,761 kr (₨31,923) | ₨6,254 | + 410% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | 31,870 kr (₨64,552) | ₨13,199 | + 389% | |
1 pair of men’s leather business shoes | 67,739 kr (₨137,205) | ₨8,569 | + 1501% | |
Transportation | + 221% | |||
Transportation in Iceland is 221% more expensive than in Pakistan | ||||
Iceland | Pakistan | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 5,967,620 kr (₨12,087,289) | ₨4,456,060 | + 171% | |
1 liter (1/4 gallon) of gas | 296 kr (₨600) | ₨270 | + 122% | |
Monthly ticket public transport | 11,269 kr (₨22,825) | ₨4,626 | + 393% | |
Personal Care | + 487% | |||
Personal Care in Iceland is 487% more expensive than in Pakistan | ||||
Iceland | Pakistan | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 713 kr (₨1,444) | ₨1,015 | + 42% | |
1 box of antibiotics (12 doses) | 3,600 kr (₨7,292) | ₨1,391 | + 424% | |
Short visit to private doctor (15 minutes) | 24,000 kr (₨48,611) | ₨3,667 | + 1226% | |
1 box of 32 tampons (tampax, ob, ...) | 1,114 kr (₨2,257) | ₨521 | + 333% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | 2,112 kr (₨4,278) | ₨922 | + 364% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 851 kr (₨1,723) | ₨736 | + 134% | |
4 rolls of toilet paper | 1,255 kr (₨2,542) | ₨249 | + 920% | |
Tube of toothpaste | 653 kr (₨1,322) | ₨242 | + 446% | |
Standard men's haircut in expat area of the city | 7,548 kr (₨15,287) | ₨860 | + 1678% | |
Entertainment | + 498% | |||
Entertainment in Iceland is 498% more expensive than in Pakistan | ||||
Iceland | Pakistan | Diff | ||
Basic dinner out for two in neighborhood pub | 9,762 kr (₨19,773) | ₨3,545 | + 458% | |
2 tickets to the movies | 5,350 kr (₨10,836) | ₨2,089 | + 419% | |
2 tickets to the theater (best available seats) | 28,094 kr (₨56,904) | ₨2,959 | + 1823% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 21,937 kr (₨44,433) | ₨7,109 | + 525% | |
1 cocktail drink in downtown club | 3,419 kr (₨6,926) | ₨880 | + 687% | |
Cappuccino in expat area of the city | 989 kr (₨2,003) | ₨669 | + 199% | |
1 beer in neighbourhood pub (500ml or 1pt.) | 1,777 kr (₨3,599) | ₨1,106 | + 225% | |
Ipad wi-fi 128gb | 188,000 kr (₨380,790) | ₨119,622 | + 218% | |
1 min. of prepaid mobile tariff (no discounts or plans) | 70 kr (₨142) | ₨3.79 | + 3637% | |
1 month of gym membership in business district | 13,622 kr (₨27,591) | ₨3,764 | + 633% | |
1 package of marlboro cigarettes | 1,792 kr (₨3,630) | ₨415 | + 774% | |
TOTAL | + 422% |

These prices were last updated on June 06, 2023.
Exchange rate:
2.025
PKR
/
ISK
*
Cost of living in Iceland is 422% more expensive than in Pakistan
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