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  3. Cost of Living & Prices: Austria vs. Iceland

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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Country #2
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ViennaVienna
ReykjavíkReykjavík

Table of contents

Grocery

EURUSDISK

Austria vs. Iceland - grocery purchase prices. You would pay on average 1.68 times less for grocery shopping in Austria than in Iceland.

Apples (1kg)

One kilogram of apples costs 2.62 EUR (2.94 USD) in Austria and 2.99 EUR (3.35 USD) in Iceland. The price of this product is 12.4% lower in Austria.

2.62 EUR
2.99 EUR

Banana (1kg)

1 kilogram of bananas costs 2.12 EUR (2.38 USD) in Austria and 2.26 EUR (2.53 USD) in Iceland. The price of this product is 6.2% lower in Austria.

2.12 EUR
2.26 EUR

Beef Round (1kg) (or Equivalent Back Leg Red Meat)

One kilogram of beef or similar meat costs 21.08 EUR (23.62 USD) in Austria and 38.66 EUR (43.31 USD) in Iceland. The price of this product is 45.5% lower in Austria.

21.08 EUR
38.66 EUR

Bottle of Wine (Mid-Range)

A bottle of medium-grade wine costs 6 EUR (6.72 USD) in Austria and 21.98 EUR (24.62 USD) in Iceland. The price of this product is 72.7% lower in Austria.

6.00 EUR
21.98 EUR

Chicken Fillets (1kg)

One kilogram of chicken fillet costs 13.17 EUR (14.76 USD) in Austria and 21.95 EUR (24.59 USD) in Iceland. The price of this product is 40% lower in Austria.

13.17 EUR
21.95 EUR

Cigarettes 20 Pack (Marlboro)

A pack of 20 cigarettes costs 6.5 EUR (7.28 USD) in Austria and 12.45 EUR (13.95 USD) in Iceland. The price of this product is 47.8% lower in Austria.

6.50 EUR
12.45 EUR

Domestic Beer (0.5 liter bottle)

Domestic beer in a 0.5 liter bottle costs 1.26 EUR (1.41 USD) in Austria and 3.31 EUR (3.71 USD) in Iceland. The price of this product is 61.9% lower in Austria.

1.26 EUR
3.31 EUR

Eggs (regular) (12)

You will pay 3.97 EUR (4.45 USD) for 12 eggs in Austria and 5.8 EUR (6.5 USD) in Iceland. The price of this product is 31.6% lower in Austria.

3.97 EUR
5.80 EUR

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 1.73 EUR (1.94 USD) in Austria and 3.07 EUR (3.44 USD) in Iceland. The price of this product is 43.6% lower in Austria.

1.73 EUR
3.07 EUR

Johnnie Walker Red Label Whisky 0.7 Litre

12.49 EUR
-

Lettuce (1 head)

One head of lettuce costs 1.72 EUR (1.93 USD) in Austria and 2.84 EUR (3.18 USD) in Iceland. The price of this product is 39.4% lower in Austria.

1.72 EUR
2.84 EUR

Loaf of Fresh White Bread (500g)

One loaf of fresh white bread costs 2.47 EUR (2.77 USD) in Austria and 3.89 EUR (4.36 USD) in Iceland. The price of this product is 36.5% lower in Austria.

2.47 EUR
3.89 EUR

Local Cheese (1kg)

One kilogram of locally produced cheese costs 15.31 EUR (17.15 USD) in Austria and 16.65 EUR (18.65 USD) in Iceland. The price of this product is 8% lower in Austria.

15.31 EUR
16.65 EUR

Milk (regular), (1 liter)

One liter of milk costs 1.5 EUR (1.68 USD) in Austria and 1.75 EUR (1.96 USD) in Iceland. The price of this product is 14.3% lower in Austria.

1.50 EUR
1.75 EUR

Onion (1kg)

One kilogram of onions costs 1.78 EUR (1.99 USD) in Austria and 2.17 EUR (2.43 USD) in Iceland. The price of this product is 18% lower in Austria.

1.78 EUR
2.17 EUR

Oranges (1kg)

One kilogram of oranges costs 2.93 EUR (3.28 USD) in Austria and 2.78 EUR (3.12 USD) in Iceland. The price of this product is 5.1% lower in Iceland.

2.93 EUR
2.78 EUR

Potato (1kg)

One kilogram of potatoes costs 1.85 EUR (2.07 USD) in Austria and 3.29 EUR (3.68 USD) in Iceland. The price of this product is 43.8% lower in Austria.

1.85 EUR
3.29 EUR

Rice (white), (1kg)

One kilogram of white rice costs 2.37 EUR (2.66 USD) in Austria and 3.33 EUR (3.73 USD) in Iceland. The price of this product is 28.8% lower in Austria.

2.37 EUR
3.33 EUR

Smirnoff Red Label Vodka 0.7 Litre

13.20 EUR
-

Tomato (1kg)

One kilogram of tomatoes costs 3.65 EUR (4.09 USD) in Austria and 4.56 EUR (5.11 USD) in Iceland. The price of this product is 20% lower in Austria.

3.65 EUR
4.56 EUR

Water (1.5 liter bottle)

A 1.5 liter bottle of water costs 0.8 EUR (0.9 USD) in Austria and 1.79 EUR (2.01 USD) in Iceland. The price of this product is 55.3% lower in Austria.

0.80 EUR
1.79 EUR

Restaurant

EURUSDISK

Austria vs. Iceland - expenses on meals in restaurants. You would pay 1.68 times less for meals in restaurants in Austria than in Iceland.

Cappuccino (regular)

For a cappuccino in a restaurant, you'll pay 4.34 EUR (4.86 USD) in Austria and 5.57 EUR (6.24 USD) in Iceland. The price of this product is 22.1% lower in Austria.

4.34 EUR
5.57 EUR

Coke/Pepsi (0.33 liter bottle)

A 0.33 liter bottle of Coca-Cola or Pepsi costs 3.01 EUR (3.37 USD) in Austria and 2.98 EUR (3.34 USD) in Iceland. The price of this product is 1% lower in Iceland.

3.01 EUR
2.98 EUR

Domestic Beer (0.5 liter draught)

Domestic beer with a capacity of 0.5 liters costs 5 EUR (5.6 USD) in Austria and 11.72 EUR (13.13 USD) in Iceland. The price of this product is 57.3% lower in Austria.

5.00 EUR
11.72 EUR

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 5 EUR (5.6 USD) in Austria and 10.26 EUR (11.49 USD) in Iceland. The price of this product is 51.3% lower in Austria.

5.00 EUR
10.26 EUR

McMeal at McDonalds (or Equivalent Combo Meal)

A McMeal or similar meal at McDonald's costs 10 EUR (11.2 USD) in Austria and 20.51 EUR (22.98 USD) in Iceland. The price of this product is 51.2% lower in Austria.

10.00 EUR
20.51 EUR

Meal for 2 People, Mid-range Restaurant, Three-course

A three-course meal for two people at a mid-range restaurant costs 80 EUR (89.64 USD) in Austria and 131.86 EUR (147.75 USD) in Iceland. The price of this product is 39.3% lower in Austria.

80.00 EUR
131.86 EUR

Meal, Inexpensive Restaurant

A meal at an inexpensive restaurant costs 15 EUR (16.81 USD) in Austria and 24.54 EUR (27.5 USD) in Iceland. The price of this product is 38.9% lower in Austria.

15.00 EUR
24.54 EUR

Water (0.33 liter bottle)

A 0.33 liter bottle of water costs 2.75 EUR (3.08 USD) in Austria and 2.39 EUR (2.67 USD) in Iceland. The price of this product is 13.1% lower in Iceland.

2.75 EUR
2.39 EUR

Fuel

EURUSDISK

Austria vs. Iceland - expenses related to fuel. You would pay 1.43 times less for fuel in Austria than in Iceland.

Diesel 1L

A liter of diesel costs 1.62 EUR (1.82 USD) in Austria and 2.37 EUR (2.65 USD) in Iceland. The price of this product is 31.6% lower in Austria.

1.62 EUR
2.37 EUR

Gasoline 1L

A liter of gasoline costs 1.62 EUR (1.81 USD) in Austria and 2.26 EUR (2.53 USD) in Iceland. The price of this product is 28.3% lower in Austria.

1.62 EUR
2.26 EUR

Transportation

EURUSDISK

Austria vs. Iceland - costs of transportation and public communication. You would pay 1.86 times less for transportation in Austria than in Iceland.

Monthly Pass (Regular Price)

The monthly ticket price for public transportation is 51 EUR (57.14 USD) in Austria and 79.12 EUR (88.65 USD) in Iceland. The price of this product is 35.5% lower in Austria.

51.00 EUR
79.12 EUR

One-way Ticket (Local Transport)

The one-way ticket price for local transportation is 2.4 EUR (2.69 USD) in Austria and 4.76 EUR (5.34 USD) in Iceland. The price of this product is 49.6% lower in Austria.

2.40 EUR
4.76 EUR

Taxi 1hour Waiting (Normal Tariff)

The cost of a one-hour taxi stand/wait is 32.4 EUR (36.3 USD) in Austria and 78.46 EUR (87.91 USD) in Iceland. The price of this product is 58.7% lower in Austria.

32.40 EUR
78.46 EUR

Taxi 1km (Normal Tariff)

The fare for each kilometer traveled is 2 EUR (2.24 USD) in Austria and 2.37 EUR (2.66 USD) in Iceland. The price of this product is 15.6% lower in Austria.

2.00 EUR
2.37 EUR

Taxi Start (Normal Tariff)

The initial fare during a taxi ride is 4 EUR (4.48 USD) in Austria and 5.79 EUR (6.48 USD) in Iceland. The price of this product is 30.9% lower in Austria.

4.00 EUR
5.79 EUR

Sports & entertainment

EURUSDISK

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 12 EUR (13.45 USD) in Austria and 16.04 EUR (17.98 USD) in Iceland. The price of this product is 25.2% lower in Austria.

12.00 EUR
16.04 EUR

Fitness Club, Monthly Fee for 1 Adult

The monthly fee for entry to the fitness club is 43.55 EUR (48.8 USD) in Austria and 75.65 EUR (84.77 USD) in Iceland. The price of this product is 42.4% lower in Austria.

43.55 EUR
75.65 EUR

Tennis Court Rent (1 Hour on Weekend)

The cost of renting a tennis court for one hour on the weekend is 23.08 EUR (25.86 USD) in Austria and 41.39 EUR (46.38 USD) in Iceland. The price of this product is 44.2% lower in Austria.

23.08 EUR
41.39 EUR

Flats for rent

EURUSDISK

Austria vs. Iceland - costs of renting an apartment. You would pay about 1.77 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 1080 EUR (1209.56 USD) in Austria and 2018 EUR (2261.15 USD) in Iceland. The price of this product is 46.5% lower in Austria.

1 080 EUR
2 018 EUR

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 776.58 EUR (870.12 USD) in Austria and 1850 EUR (2072.56 USD) in Iceland. The price of this product is 58% lower in Austria.

776.58 EUR
1 850 EUR

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 2010 EUR (2252.31 USD) in Austria and 2898 EUR (3246.67 USD) in Iceland. The price of this product is 30.6% lower in Austria.

2 010 EUR
2 898 EUR

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 1378 EUR (1543.98 USD) in Austria and 2500 EUR (2801.22 USD) in Iceland. The price of this product is 44.9% lower in Austria.

1 378 EUR
2 500 EUR

Flats for sale

EURUSDISK

Austria vs. Iceland - costs of purchasing an apartment. You would pay 1.19 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 9328 EUR (10451.09 USD) in Austria and 6953 EUR (7790.91 USD) in Iceland. The price of this product is 25.5% lower in Iceland.

9 328 EUR
6 953 EUR

Price per Square Meter to Buy Apartment Outside of Centre

For one square meter of an apartment outside the city center, you will pay 5965 EUR (6683.79 USD) in Austria and 5880 EUR (6588.07 USD) in Iceland. The price of this product is 1.4% lower in Iceland.

5 965 EUR
5 880 EUR

Salary

EURUSDISK

Austria vs. Iceland - average salary. The average salary in Austria is 1.33 times lower than in Iceland.

Average Monthly Net Salary (After Tax)

The average monthly salary after taxes is 2878 EUR (3224.9 USD) in Austria and 3840 EUR (4303.08 USD) in Iceland. The average salary is 25.1% lower in Austria.

2 878 EUR
3 840 EUR

Hotels

EURUSDISK

Austria vs. Iceland - prices of accommodation in hostels, guesthouses, and hotels.

One star

-
-

Two stars

156 EUR
154 EUR

Three stars

236 EUR
205 EUR

Four stars

310 EUR
327 EUR

Five stars

680 EUR
-

Average accommodation prices based on Expedia.com data • Update: 15 Dec 2024 (1 night stay for 2 people on 29 Dec 2024) • Austria: 7 cities, 283 hotels • Iceland: 11 cities, 117 hotels

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