- Cost of Living
- Iceland
- Spain
- Comparison
Cost of living in Iceland compared to Spain
Currency:
| Food | + 106% | |||
|---|---|---|---|---|
| Food in Iceland is 106% more expensive than in Spain | ||||
| Basic lunchtime menu (including a drink) in the business district | 2,631 kr (€19) | €12 | + 63% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | 1,757 kr (€13) | €7 | + 74% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,138 kr (€8) | €3.48 | + 136% | |
| 1 liter (1 qt.) of whole fat milk | 161 kr (€1.16) | €0.88 | + 31% | |
| 12 eggs, large | 797 kr (€5.74) | €2.48 | + 131% | |
| 1 kg (2 lb.) of tomatoes | 625 kr (€4.50) | €1.74 | + 160% | |
| 500 gr (16 oz.) of local cheese | 1,147 kr (€8) | €5.55 | + 49% | |
| 1 kg (2 lb.) of apples | 479 kr (€3.45) | €1.79 | + 93% | |
| 1 kg (2 lb.) of potatoes | 371 kr (€2.68) | €1.05 | + 154% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 393 kr (€2.84) | €0.84 | + 238% | |
| 1 bottle of red table wine, good quality | 2,917 kr (€21) | €6 | + 234% | |
| 2 liters of Coca-Cola | 290 kr (€2.09) | €1.58 | + 32% | |
| Bread for 2 people for 1 day | 331 kr (€2.39) | €0.95 | + 152% | |
| Housing | + 66% | |||
| Housing in Iceland is 66% more expensive than in Spain | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 260,225 kr (€1,875) | €1,283 | + 46% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 241,367 kr (€1,739) | €894 | + 95% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 12,235 kr (€88) | €130 | - 32% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 210,487 kr (€1,517) | €856 | + 77% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 162,053 kr (€1,168) | €635 | + 84% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | 22,017 kr (€159) | €92 | + 73% | |
| Internet 8 Mbps (1 month) | 6,670 kr (€48) | €29 | + 63% | |
| 40” flat screen TV | 85,746 kr (€618) | €364 | + 70% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | 20,510 kr (€148) | €79 | + 87% | |
| Laundry detergent (3 l. ~ 100 oz.) | 1,804 kr (€13) | €7 | + 90% | |
| Hourly rate for cleaning help | 3,491 kr (€25) | €11 | + 135% | |
| Clothes | + 104% | |||
| Clothes in Iceland is 104% more expensive than in Spain | ||||
| 1 pair of jeans (Levis 501 or similar) | 15,967 kr (€115) | €75 | + 54% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | 9,525 kr (€69) | €29 | + 137% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | 19,996 kr (€144) | €80 | + 80% | |
| 1 pair of men’s leather business shoes | 28,733 kr (€207) | €94 | + 120% | |
| Transportation | + 49% | |||
| Transportation in Iceland is 49% more expensive than in Spain | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | 3,426,470 kr (€24,693) | €19,404 | + 27% | |
| 1 liter (1/4 gallon) of gas | 215 kr (€1.55) | €1.26 | + 23% | |
| Monthly ticket public transport | 11,490 kr (€83) | €48 | + 71% | |
| Personal Care | + 69% | |||
| Personal Care in Iceland is 69% more expensive than in Spain | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | 1,711 kr (€12) | €5.94 | + 108% | |
| 1 box of antibiotics (12 doses) | 1,601 kr (€12) | €4.95 | + 133% | |
| Short visit to private Doctor (15 minutes) | 4,541 kr (€33) | €55 | - 40% | |
| 1 box of 32 tampons (Tampax, OB, ...) | 498 kr (€3.59) | €4.43 | - 19% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 622 kr (€4.48) | €2.62 | + 71% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 967 kr (€7) | €2.79 | + 150% | |
| 4 rolls of toilet paper | 571 kr (€4.11) | €1.31 | + 215% | |
| Tube of toothpaste | 350 kr (€2.53) | €1.63 | + 55% | |
| Standard men's haircut in expat area of the city | 5,582 kr (€40) | €13 | + 210% | |
| Entertainment | + 65% | |||
| Entertainment in Iceland is 65% more expensive than in Spain | ||||
| Basic dinner out for two in neighborhood pub | 6,466 kr (€47) | €31 | + 50% | |
| 2 tickets to the movies | 3,094 kr (€22) | €17 | + 32% | |
| 2 tickets to the theater (best available seats) | 11,063 kr (€80) | €70 | + 14% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | 9,252 kr (€67) | €46 | + 45% | |
| 1 cocktail drink in downtown club | 2,428 kr (€17) | €8 | + 114% | |
| Cappuccino in expat area of the city | 655 kr (€4.72) | €2.13 | + 122% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,090 kr (€8) | €4.15 | + 89% | |
| iPad Wi-Fi 128GB | 84,869 kr (€612) | €459 | + 33% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 64 kr (€0.46) | €0.19 | + 139% | |
| 1 month of gym membership in business district | 8,232 kr (€59) | €44 | + 35% | |
| 1 package of Marlboro cigarettes | 1,454 kr (€10) | €5.12 | + 105% | |
| TOTAL | + 72% | |||
These prices were last updated on December 18, 2018.
Exchange rate:
0.00721
EUR
/
ISK
This comparison is based on abundant and consistent data. It is based on 9,229 prices entered by 1,325 different people.
Cost of living in Iceland is 72% more expensive than in Spain
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