- Cost of Living
- Iceland
- Spain
- Comparison
Cost of living in Iceland compared to Spain
Currency:
| Food | + 137% | |||
|---|---|---|---|---|
| Food in Iceland is 137% more expensive than in Spain | ||||
| Basic lunchtime menu (including a drink) in the business district | 2,949 kr (€24) | €12 | + 106% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | 1,772 kr (€14) | €7 | + 101% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,141 kr (€9) | €3.64 | + 155% | |
| 1 liter (1 qt.) of whole fat milk | 203 kr (€1.65) | €0.88 | + 86% | |
| 12 eggs, large | 779 kr (€6) | €2.37 | + 167% | |
| 1 kg (2 lb.) of tomatoes | 489 kr (€3.97) | €1.78 | + 124% | |
| 500 gr (16 oz.) of local cheese | 1,217 kr (€10) | €5.84 | + 70% | |
| 1 kg (2 lb.) of apples | 375 kr (€3.05) | €1.73 | + 76% | |
| 1 kg (2 lb.) of potatoes | 262 kr (€2.13) | €1.13 | + 88% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 385 kr (€3.13) | €0.81 | + 284% | |
| 1 bottle of red table wine, good quality | 3,012 kr (€24) | €7 | + 254% | |
| 2 liters of Coca-Cola | 275 kr (€2.23) | €1.51 | + 48% | |
| Bread for 2 people for 1 day | 395 kr (€3.21) | €0.91 | + 254% | |
| Housing | + 81% | |||
| Housing in Iceland is 81% more expensive than in Spain | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 269,468 kr (€2,190) | €1,252 | + 75% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 231,508 kr (€1,881) | €860 | + 119% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 13,299 kr (€108) | €142 | - 24% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 184,447 kr (€1,499) | €812 | + 85% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 138,981 kr (€1,130) | €570 | + 98% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | 10,445 kr (€85) | €116 | - 27% | |
| Internet 8 Mbps (1 month) | 5,702 kr (€46) | €31 | + 49% | |
| 40” flat screen TV | 89,792 kr (€730) | €387 | + 89% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | 18,717 kr (€152) | €89 | + 71% | |
| Laundry detergent (3 l. ~ 100 oz.) | 1,998 kr (€16) | €8 | + 109% | |
| Hourly rate for cleaning help | 4,697 kr (€38) | €11 | + 262% | |
| Clothes | + 95% | |||
| Clothes in Iceland is 95% more expensive than in Spain | ||||
| 1 pair of jeans (Levis 501 or similar) | 15,292 kr (€124) | €79 | + 58% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | 8,194 kr (€67) | €31 | + 114% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | 18,333 kr (€149) | €79 | + 88% | |
| 1 pair of men’s leather business shoes | 24,558 kr (€200) | €94 | + 112% | |
| Transportation | + 65% | |||
| Transportation in Iceland is 65% more expensive than in Spain | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | 3,473,990 kr (€28,233) | €20,212 | + 40% | |
| 1 liter (1/4 gallon) of gas | 200 kr (€1.63) | €1.20 | + 36% | |
| Monthly ticket public transport | 11,669 kr (€95) | €49 | + 94% | |
| Personal Care | + 60% | |||
| Personal Care in Iceland is 60% more expensive than in Spain | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | - | €6 | - | |
| 1 box of antibiotics (12 doses) | 1,951 kr (€16) | €4.94 | + 221% | |
| Short visit to private Doctor (15 minutes) | 4,357 kr (€35) | €53 | - 33% | |
| 1 box of 32 tampons (Tampax, OB, ...) | 989 kr (€8) | €4.22 | + 90% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 641 kr (€5.21) | €2.68 | + 94% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 731 kr (€5.94) | €2.92 | + 104% | |
| 4 rolls of toilet paper | 448 kr (€3.64) | €1.26 | + 188% | |
| Tube of toothpaste | 454 kr (€3.69) | €1.71 | + 116% | |
| Standard men's haircut in expat area of the city | 5,333 kr (€43) | €13 | + 240% | |
| Entertainment | + 99% | |||
| Entertainment in Iceland is 99% more expensive than in Spain | ||||
| Basic dinner out for two in neighborhood pub | 6,898 kr (€56) | €31 | + 80% | |
| 2 tickets to the movies | 3,125 kr (€25) | €16 | + 54% | |
| 2 tickets to the theater (best available seats) | 13,525 kr (€110) | €70 | + 56% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | 14,322 kr (€116) | €50 | + 133% | |
| 1 cocktail drink in downtown club | 2,404 kr (€20) | €9 | + 120% | |
| Cappuccino in expat area of the city | 595 kr (€4.83) | €2.30 | + 110% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,064 kr (€9) | €4.67 | + 85% | |
| iPad Wi-Fi 128GB | 78,246 kr (€636) | €469 | + 36% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 99 kr (€0.80) | €0.27 | + 198% | |
| 1 month of gym membership in business district | 8,545 kr (€69) | €45 | + 56% | |
| 1 package of Marlboro cigarettes | 1,480 kr (€12) | €5.08 | + 137% | |
| TOTAL | + 91% | |||
These prices were last updated on April 21, 2018.
Exchange rate:
0.00813
EUR
/
ISK
This comparison is based on abundant and consistent data. It is based on 11,483 prices entered by 1,601 different people.
Cost of living in Iceland is 91% more expensive than in Spain
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