Cost of living in Iceland compared to Switzerland
Currency:
Food | + 18% | |||
---|---|---|---|---|
Food in Iceland is 18% more expensive than in Switzerland | ||||
Iceland | Switzerland | Diff | ||
Basic lunchtime menu (including a drink) in the business district | 5,459 kr (CHF 35) | CHF 27 | + 33% | |
Combo meal in fast food restaurant (big mac meal or similar) | 2,999 kr (CHF 19) | CHF 16 | + 22% | |
500 gr (1 lb.) of boneless chicken breast | 1,493 kr (CHF 10) | CHF 11 | - 10% | |
1 liter (1 qt.) of whole fat milk | 236 kr (CHF 1.53) | CHF 1.81 | - 16% | |
12 eggs, large | 1,045 kr (CHF 7) | CHF 8 | - 20% | |
1 kg (2 lb.) of tomatoes | 666 kr (CHF 4.32) | CHF 4.50 | - 4% | |
500 gr (16 oz.) of local cheese | 1,713 kr (CHF 11) | CHF 10 | + 9% | |
1 kg (2 lb.) of apples | 399 kr (CHF 2.58) | CHF 4.33 | - 40% | |
1 kg (2 lb.) of potatoes | 468 kr (CHF 3.03) | CHF 2.27 | + 34% | |
0.5 l (16 oz) domestic beer in the supermarket | 699 kr (CHF 4.52) | CHF 2.33 | + 94% | |
1 bottle of red table wine, good quality | 3,728 kr (CHF 24) | CHF 13 | + 91% | |
2 liters of coca-cola | 396 kr (CHF 2.56) | CHF 2.87 | - 11% | |
Bread for 2 people for 1 day | 589 kr (CHF 3.82) | CHF 2.35 | + 62% | |
Housing | + 21% | |||
Housing in Iceland is 21% more expensive than in Switzerland | ||||
Iceland | Switzerland | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 337,107 kr (CHF 2,183) | CHF 3,527 | - 38% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 238,569 kr (CHF 1,545) | CHF 2,866 | - 46% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 222,135 kr (CHF 1,438) | CHF 205 | + 601% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 246,021 kr (CHF 1,593) | CHF 2,179 | - 27% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 155,625 kr (CHF 1,008) | CHF 1,557 | - 35% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 62,145 kr (CHF 402) | CHF 94 | + 328% | |
Internet 8 mbps (1 month) | 21,072 kr (CHF 136) | CHF 53 | + 155% | |
40” flat screen tv | 150,515 kr (CHF 975) | CHF 305 | + 219% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 24,394 kr (CHF 158) | CHF 116 | + 36% | |
Laundry detergent (3 l. ~ 100 oz.) | 3,236 kr (CHF 21) | CHF 17 | + 23% | |
Hourly rate for cleaning help | 7,154 kr (CHF 46) | CHF 30 | + 55% | |
Clothes | + 50% | |||
Clothes in Iceland is 50% more expensive than in Switzerland | ||||
Iceland | Switzerland | Diff | ||
1 pair of jeans (levis 501 or similar) | 16,280 kr (CHF 105) | CHF 111 | - 5% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | 18,714 kr (CHF 121) | CHF 64 | + 90% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | 26,530 kr (CHF 172) | CHF 118 | + 45% | |
1 pair of men’s leather business shoes | 35,893 kr (CHF 232) | CHF 184 | + 26% | |
Transportation | + 24% | |||
Transportation in Iceland is 24% more expensive than in Switzerland | ||||
Iceland | Switzerland | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 6,086,940 kr (CHF 39,412) | CHF 36,492 | + 8% | |
1 liter (1/4 gallon) of gas | 313 kr (CHF 2.03) | CHF 1.84 | + 10% | |
Monthly ticket public transport | 16,297 kr (CHF 106) | CHF 78 | + 34% | |
Personal Care | - 18% | |||
Personal Care in Iceland is 18% cheaper than in Switzerland | ||||
Iceland | Switzerland | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 2,500 kr (CHF 16) | CHF 13 | + 29% | |
1 box of antibiotics (12 doses) | 3,085 kr (CHF 20) | CHF 26 | - 24% | |
Short visit to private doctor (15 minutes) | 19,528 kr (CHF 126) | CHF 211 | - 40% | |
1 box of 32 tampons (tampax, ob, ...) | 750 kr (CHF 4.86) | CHF 5.94 | - 18% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | 665 kr (CHF 4.31) | CHF 4.15 | + 4% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 948 kr (CHF 6) | CHF 7 | - 10% | |
4 rolls of toilet paper | 863 kr (CHF 5.59) | CHF 4.35 | + 28% | |
Tube of toothpaste | 577 kr (CHF 3.74) | CHF 4.98 | - 25% | |
Standard men's haircut in expat area of the city | 6,596 kr (CHF 43) | CHF 58 | - 27% | |
Entertainment | + 41% | |||
Entertainment in Iceland is 41% more expensive than in Switzerland | ||||
Iceland | Switzerland | Diff | ||
Basic dinner out for two in neighborhood pub | 12,694 kr (CHF 82) | CHF 71 | + 16% | |
2 tickets to the movies | 5,796 kr (CHF 38) | CHF 39 | - 4% | |
2 tickets to the theater (best available seats) | 17,961 kr (CHF 116) | CHF 101 | + 15% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 18,942 kr (CHF 123) | CHF 125 | - 2% | |
1 cocktail drink in downtown club | 3,082 kr (CHF 20) | CHF 17 | + 15% | |
Cappuccino in expat area of the city | 697 kr (CHF 4.51) | CHF 5.21 | - 13% | |
1 beer in neighbourhood pub (500ml or 1pt.) | 1,183 kr (CHF 8) | CHF 7 | + 12% | |
Ipad wi-fi 128gb | 179,000 kr (CHF 1,159) | CHF 434 | + 167% | |
1 min. of prepaid mobile tariff (no discounts or plans) | - | CHF 0.33 | - | |
1 month of gym membership in business district | 38,993 kr (CHF 252) | CHF 88 | + 187% | |
1 package of marlboro cigarettes | 1,775 kr (CHF 11) | CHF 9 | + 32% | |
TOTAL | + 20% |
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 946 prices entered by 170 different people.
These prices were last updated on March 16, 2024.
Exchange rate:
0.00647
CHF
/
ISK
Cost of living in Iceland is 20% more expensive than in Switzerland
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