- Cost of Living
- Iceland
- Spain
- Comparison
Cost of living in Iceland compared to Spain
Currency:
| Food | + 113% | |||
|---|---|---|---|---|
| Food in Iceland is 113% more expensive than in Spain | ||||
| Basic lunchtime menu (including a drink) in the business district | 2,564 kr (€19) | €12 | + 64% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | 1,737 kr (€13) | €7 | + 77% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,138 kr (€8) | €3.51 | + 141% | |
| 1 liter (1 qt.) of whole fat milk | 161 kr (€1.20) | €0.89 | + 35% | |
| 12 eggs, large | 797 kr (€5.92) | €2.46 | + 141% | |
| 1 kg (2 lb.) of tomatoes | 625 kr (€4.64) | €1.71 | + 172% | |
| 500 gr (16 oz.) of local cheese | 1,147 kr (€9) | €5.58 | + 53% | |
| 1 kg (2 lb.) of apples | 479 kr (€3.56) | €1.78 | + 101% | |
| 1 kg (2 lb.) of potatoes | 371 kr (€2.76) | €1.07 | + 159% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 393 kr (€2.92) | €0.82 | + 256% | |
| 1 bottle of red table wine, good quality | 2,917 kr (€22) | €6 | + 251% | |
| 2 liters of Coca-Cola | 291 kr (€2.16) | €1.53 | + 41% | |
| Bread for 2 people for 1 day | 331 kr (€2.46) | €0.93 | + 165% | |
| Housing | + 73% | |||
| Housing in Iceland is 73% more expensive than in Spain | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 265,035 kr (€1,969) | €1,275 | + 54% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 241,367 kr (€1,793) | €887 | + 102% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 12,235 kr (€91) | €131 | - 31% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 210,487 kr (€1,564) | €840 | + 86% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 162,053 kr (€1,204) | €624 | + 93% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | 22,017 kr (€164) | €92 | + 78% | |
| Internet 8 Mbps (1 month) | 6,670 kr (€50) | €30 | + 64% | |
| 40” flat screen TV | 85,746 kr (€637) | €364 | + 75% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | 20,510 kr (€152) | €81 | + 88% | |
| Laundry detergent (3 l. ~ 100 oz.) | 1,804 kr (€13) | €7 | + 88% | |
| Hourly rate for cleaning help | 3,491 kr (€26) | €11 | + 141% | |
| Clothes | + 113% | |||
| Clothes in Iceland is 113% more expensive than in Spain | ||||
| 1 pair of jeans (Levis 501 or similar) | 15,967 kr (€119) | €74 | + 61% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | 9,525 kr (€71) | €29 | + 148% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | 19,996 kr (€149) | €80 | + 86% | |
| 1 pair of men’s leather business shoes | 28,733 kr (€213) | €94 | + 127% | |
| Transportation | + 53% | |||
| Transportation in Iceland is 53% more expensive than in Spain | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | 3,426,470 kr (€25,452) | €19,507 | + 30% | |
| 1 liter (1/4 gallon) of gas | 213 kr (€1.58) | €1.25 | + 27% | |
| Monthly ticket public transport | 11,490 kr (€85) | €49 | + 75% | |
| Personal Care | + 65% | |||
| Personal Care in Iceland is 65% more expensive than in Spain | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | 1,711 kr (€13) | €6 | + 98% | |
| 1 box of antibiotics (12 doses) | 1,601 kr (€12) | €4.54 | + 162% | |
| Short visit to private Doctor (15 minutes) | 4,541 kr (€34) | €56 | - 39% | |
| 1 box of 32 tampons (Tampax, OB, ...) | 498 kr (€3.70) | €4.42 | - 16% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 622 kr (€4.62) | €2.57 | + 80% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 967 kr (€7) | €2.80 | + 157% | |
| 4 rolls of toilet paper | 571 kr (€4.24) | €1.24 | + 243% | |
| Tube of toothpaste | 350 kr (€2.60) | €1.62 | + 61% | |
| Standard men's haircut in expat area of the city | 5,582 kr (€41) | €13 | + 220% | |
| Entertainment | + 69% | |||
| Entertainment in Iceland is 69% more expensive than in Spain | ||||
| Basic dinner out for two in neighborhood pub | 6,469 kr (€48) | €31 | + 57% | |
| 2 tickets to the movies | 3,107 kr (€23) | €17 | + 37% | |
| 2 tickets to the theater (best available seats) | 11,063 kr (€82) | €70 | + 17% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | 9,252 kr (€69) | €47 | + 46% | |
| 1 cocktail drink in downtown club | 2,485 kr (€18) | €8 | + 120% | |
| Cappuccino in expat area of the city | 655 kr (€4.87) | €2.11 | + 131% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,078 kr (€8) | €4.15 | + 93% | |
| iPad Wi-Fi 128GB | 84,869 kr (€630) | €467 | + 35% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 64 kr (€0.48) | €0.19 | + 149% | |
| 1 month of gym membership in business district | 8,232 kr (€61) | €44 | + 39% | |
| 1 package of Marlboro cigarettes | 1,454 kr (€11) | €5.10 | + 112% | |
| TOTAL | + 77% | |||
These prices were last updated on October 16, 2018.
Exchange rate:
0.00743
EUR
/
ISK
This comparison is based on abundant and consistent data. It is based on 9,418 prices entered by 1,402 different people.
Cost of living in Iceland is 77% more expensive than in Spain
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