Cost of Living & Prices:
Austria vs. Iceland
Compare the cost of living and prices of goods and services, such as consumer goods prices, housing costs, average wages and more, to learn about differences and similarities between countries.
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ReykjavíkTable of contents
Grocery
Austria vs. Iceland - grocery purchase prices. You would pay on average 1.61 times less for grocery shopping in Austria than in Iceland.
Apples (1kg)
One kilogram of apples costs 2.39 USD in Austria and 3.26 USD in Iceland. The price of this product is 26.7% lower in Austria.
Banana (1kg)
1 kilogram of bananas costs 1.79 USD in Austria and 2.05 USD in Iceland. The price of this product is 12.7% lower in Austria.
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
One kilogram of beef or similar meat costs 16.2 USD in Austria and 25.25 USD in Iceland. The price of this product is 35.8% lower in Austria.
Bottle of Wine (Mid-Range)
A bottle of medium-grade wine costs 6.43 USD in Austria and 19.45 USD in Iceland. The price of this product is 66.9% lower in Austria.
Chicken Fillets (1kg)
One kilogram of chicken fillet costs 11.41 USD in Austria and 17.44 USD in Iceland. The price of this product is 34.6% lower in Austria.
Cigarettes 20 Pack (Marlboro)
A pack of 20 cigarettes costs 6.43 USD in Austria and 11.53 USD in Iceland. The price of this product is 44.2% lower in Austria.
Domestic Beer (0.5 liter bottle)
Domestic beer in a 0.5 liter bottle costs 1.06 USD in Austria and 3.02 USD in Iceland. The price of this product is 64.9% lower in Austria.
Eggs (regular) (12)
You will pay 3.98 USD for 12 eggs in Austria and 5.47 USD in Iceland. The price of this product is 27.2% lower in Austria.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 1.52 USD in Austria and 2.51 USD in Iceland. The price of this product is 39.4% lower in Austria.
Johnnie Walker Red Label Whisky 0.7 Litre
Lettuce (1 head)
One head of lettuce costs 1.58 USD in Austria and 2.71 USD in Iceland. The price of this product is 41.7% lower in Austria.
Loaf of Fresh White Bread (500g)
One loaf of fresh white bread costs 1.99 USD in Austria and 3.24 USD in Iceland. The price of this product is 38.6% lower in Austria.
Local Cheese (1kg)
One kilogram of locally produced cheese costs 11.73 USD in Austria and 14.18 USD in Iceland. The price of this product is 17.3% lower in Austria.
Milk (regular), (1 liter)
One liter of milk costs 1.39 USD in Austria and 1.53 USD in Iceland. The price of this product is 9.2% lower in Austria.
Onion (1kg)
One kilogram of onions costs 1.47 USD in Austria and 1.35 USD in Iceland. The price of this product is 8.2% lower in Iceland.
Oranges (1kg)
One kilogram of oranges costs 2.47 USD in Austria and 2.49 USD in Iceland. The price of this product is 0.8% lower in Austria.
Potato (1kg)
One kilogram of potatoes costs 1.64 USD in Austria and 2.68 USD in Iceland. The price of this product is 38.8% lower in Austria.
Rice (white), (1kg)
One kilogram of white rice costs 1.98 USD in Austria and 3.07 USD in Iceland. The price of this product is 35.5% lower in Austria.
Smirnoff Red Label Vodka 0.7 Litre
Tomato (1kg)
One kilogram of tomatoes costs 3.25 USD in Austria and 4.61 USD in Iceland. The price of this product is 29.5% lower in Austria.
Water (1.5 liter bottle)
A 1.5 liter bottle of water costs 0.63 USD in Austria and 1.94 USD in Iceland. The price of this product is 67.5% lower in Austria.
Restaurant
Austria vs. Iceland - expenses on meals in restaurants. You would pay 1.56 times less for meals in restaurants in Austria than in Iceland.
Cappuccino (regular)
For a cappuccino in a restaurant, you'll pay 3.88 USD in Austria and 4.51 USD in Iceland. The price of this product is 14% lower in Austria.
Coke/Pepsi (0.33 liter bottle)
A 0.33 liter bottle of Coca-Cola or Pepsi costs 2.81 USD in Austria and 2.49 USD in Iceland. The price of this product is 11.4% lower in Iceland.
Domestic Beer (0.5 liter draught)
Domestic beer with a capacity of 0.5 liters costs 4.5 USD in Austria and 9.37 USD in Iceland. The price of this product is 52% lower in Austria.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 4.29 USD in Austria and 7.93 USD in Iceland. The price of this product is 45.9% lower in Austria.
McMeal at McDonalds (or Equivalent Combo Meal)
A McMeal or similar meal at McDonald's costs 9.65 USD in Austria and 14.41 USD in Iceland. The price of this product is 33% lower in Austria.
Meal for 2 People, Mid-range Restaurant, Three-course
A three-course meal for two people at a mid-range restaurant costs 64.32 USD in Austria and 108.08 USD in Iceland. The price of this product is 40.5% lower in Austria.
Meal, Inexpensive Restaurant
A meal at an inexpensive restaurant costs 15.54 USD in Austria and 18.01 USD in Iceland. The price of this product is 13.7% lower in Austria.
Water (0.33 liter bottle)
A 0.33 liter bottle of water costs 2.19 USD in Austria and 1.93 USD in Iceland. The price of this product is 11.9% lower in Iceland.
Fuel
Austria vs. Iceland - expenses related to fuel. You would pay 1.3 times less for fuel in Austria than in Iceland.
Diesel 1L
A liter of diesel costs 1.83 USD in Austria and 2.32 USD in Iceland. The price of this product is 21.1% lower in Austria.
Gasoline 1L
A liter of gasoline costs 1.69 USD in Austria and 2.27 USD in Iceland. The price of this product is 25.6% lower in Austria.
Transportation
Austria vs. Iceland - costs of transportation and public communication. You would pay 1.63 times less for transportation in Austria than in Iceland.
Monthly Pass (Regular Price)
The monthly ticket price for public transportation is 48.24 USD in Austria and 64.85 USD in Iceland. The price of this product is 25.6% lower in Austria.
One-way Ticket (Local Transport)
The one-way ticket price for local transportation is 2.57 USD in Austria and 3.96 USD in Iceland. The price of this product is 35.1% lower in Austria.
Taxi 1hour Waiting (Normal Tariff)
The cost of a one-hour taxi stand/wait is 26.8 USD in Austria and 58.87 USD in Iceland. The price of this product is 54.5% lower in Austria.
Taxi 1km (Normal Tariff)
The fare for each kilometer traveled is 1.66 USD in Austria and 2.98 USD in Iceland. The price of this product is 44.3% lower in Austria.
Taxi Start (Normal Tariff)
The initial fare during a taxi ride is 4.29 USD in Austria and 5.26 USD in Iceland. The price of this product is 18.4% lower in Austria.
Sports & entertainment
Austria vs. Iceland - costs related to entertainment and sports.
Cinema, International Release, 1 Seat
The ticket price for a foreign film in the cinema is 11.79 USD in Austria and 13.33 USD in Iceland. The price of this product is 11.6% lower in Austria.
Fitness Club, Monthly Fee for 1 Adult
The monthly fee for entry to the fitness club is 29.95 USD in Austria and 64.86 USD in Iceland. The price of this product is 53.8% lower in Austria.
Tennis Court Rent (1 Hour on Weekend)
The cost of renting a tennis court for one hour on the weekend is 21.05 USD in Austria and 44.55 USD in Iceland. The price of this product is 52.7% lower in Austria.
Flats for rent
Austria vs. Iceland - costs of renting an apartment. You would pay about 1.53 times less for renting an apartment in Austria than in Iceland.
Apartment (1 bedroom) in City Centre
For renting an apartment in the city center consisting of a living room and one bedroom, you will pay 941.36 USD in Austria and 1566 USD in Iceland. The price of this product is 39.9% lower in Austria.
Apartment (1 bedroom) Outside of Centre
For renting an apartment outside the city center consisting of a living room and one bedroom, you will pay 703.45 USD in Austria and 1326 USD in Iceland. The price of this product is 46.9% lower in Austria.
Apartment (3 bedrooms) in City Centre
For renting an apartment in the city center consisting of a living room and three bedrooms, you will pay 1745 USD in Austria and 2267 USD in Iceland. The price of this product is 23% lower in Austria.
Apartment (3 bedrooms) Outside of Centre
For renting an apartment outside the city center consisting of a living room and three bedrooms, you will pay 1219 USD in Austria and 1887 USD in Iceland. The price of this product is 35.4% lower in Austria.
Flats for sale
Austria vs. Iceland - costs of purchasing an apartment. You would pay 1.31 times more for buying an apartment in Austria than in Iceland.
Price per Square Meter to Buy Apartment in City Centre
For one square meter of an apartment in the city center you will pay 8501 USD in Austria and 6051 USD in Iceland. The price of this product is 28.8% lower in Iceland.
Price per Square Meter to Buy Apartment Outside of Centre
For one square meter of an apartment outside the city center, you will pay 5184 USD in Austria and 4415 USD in Iceland. The price of this product is 14.8% lower in Iceland.
Salary
Austria vs. Iceland - average salary. The average salary in Austria is 1.14 times lower than in Iceland.
Average Monthly Net Salary (After Tax)
The average monthly salary after taxes is 3151 USD in Austria and 3597 USD in Iceland. The average salary is 12.4% lower in Austria.
Hotels
Austria vs. Iceland - prices of accommodation in hostels, guesthouses, and hotels.
One star
Two stars
Three stars
Four stars
Five stars
Average accommodation prices based on Expedia.com data • Update: 29 Jun 2024 (1 night stay for 2 people on 13 Jul 2024) • Austria: 19 cities, 432 hotels • Iceland: 19 cities, 219 hotels