Cost of Living & Prices:
Switzerland 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
Switzerland vs. Iceland - grocery purchase prices. You would pay on average 1.15 times more for grocery shopping in Switzerland than in Iceland.
Apples (1kg)
One kilogram of apples costs 4.46 USD in Switzerland and 3.27 USD in Iceland. The price of this product is 26.7% lower in Iceland.
Banana (1kg)
1 kilogram of bananas costs 3.03 USD in Switzerland and 2.47 USD in Iceland. The price of this product is 18.5% lower in Iceland.
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
One kilogram of beef or similar meat costs 53.24 USD in Switzerland and 42.25 USD in Iceland. The price of this product is 20.6% lower in Iceland.
Bottle of Wine (Mid-Range)
A bottle of medium-grade wine costs 15.47 USD in Switzerland and 24.02 USD in Iceland. The price of this product is 35.6% lower in Switzerland.
Chicken Fillets (1kg)
One kilogram of chicken fillet costs 34.94 USD in Switzerland and 23.99 USD in Iceland. The price of this product is 31.3% lower in Iceland.
Cigarettes 20 Pack (Marlboro)
A pack of 20 cigarettes costs 11.6 USD in Switzerland and 13.61 USD in Iceland. The price of this product is 14.8% lower in Switzerland.
Domestic Beer (0.5 liter bottle)
Domestic beer in a 0.5 liter bottle costs 2.77 USD in Switzerland and 3.62 USD in Iceland. The price of this product is 23.5% lower in Switzerland.
Eggs (regular) (12)
You will pay 7.76 USD for 12 eggs in Switzerland and 6.34 USD in Iceland. The price of this product is 18.3% lower in Iceland.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 3.46 USD in Switzerland and 3.36 USD in Iceland. The price of this product is 2.9% lower in Iceland.
Johnnie Walker Red Label Whisky 0.7 Litre
Lettuce (1 head)
One head of lettuce costs 2.63 USD in Switzerland and 3.1 USD in Iceland. The price of this product is 15.2% lower in Switzerland.
Loaf of Fresh White Bread (500g)
One loaf of fresh white bread costs 3.62 USD in Switzerland and 4.25 USD in Iceland. The price of this product is 14.8% lower in Switzerland.
Local Cheese (1kg)
One kilogram of locally produced cheese costs 30.98 USD in Switzerland and 18.19 USD in Iceland. The price of this product is 41.3% lower in Iceland.
Milk (regular), (1 liter)
One liter of milk costs 2.31 USD in Switzerland and 1.91 USD in Iceland. The price of this product is 17.3% lower in Iceland.
Onion (1kg)
One kilogram of onions costs 2.45 USD in Switzerland and 2.37 USD in Iceland. The price of this product is 3.3% lower in Iceland.
Oranges (1kg)
One kilogram of oranges costs 3.21 USD in Switzerland and 3.04 USD in Iceland. The price of this product is 5.3% lower in Iceland.
Potato (1kg)
One kilogram of potatoes costs 2.99 USD in Switzerland and 3.59 USD in Iceland. The price of this product is 16.7% lower in Switzerland.
Rice (white), (1kg)
One kilogram of white rice costs 4.13 USD in Switzerland and 3.64 USD in Iceland. The price of this product is 11.9% lower in Iceland.
Smirnoff Red Label Vodka 0.7 Litre
Tomato (1kg)
One kilogram of tomatoes costs 5.47 USD in Switzerland and 4.99 USD in Iceland. The price of this product is 8.8% lower in Iceland.
Water (1.5 liter bottle)
A 1.5 liter bottle of water costs 1.69 USD in Switzerland and 1.96 USD in Iceland. The price of this product is 13.8% lower in Switzerland.
Restaurant
Switzerland vs. Iceland - expenses on meals in restaurants. You would pay 1.08 times more for meals in restaurants in Switzerland than in Iceland.
Cappuccino (regular)
For a cappuccino in a restaurant, you'll pay 7.09 USD in Switzerland and 6.09 USD in Iceland. The price of this product is 14.1% lower in Iceland.
Coke/Pepsi (0.33 liter bottle)
A 0.33 liter bottle of Coca-Cola or Pepsi costs 6.21 USD in Switzerland and 3.26 USD in Iceland. The price of this product is 47.5% lower in Iceland.
Domestic Beer (0.5 liter draught)
Domestic beer with a capacity of 0.5 liters costs 10.31 USD in Switzerland and 12.81 USD in Iceland. The price of this product is 19.5% lower in Switzerland.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 9.02 USD in Switzerland and 11.21 USD in Iceland. The price of this product is 19.5% lower in Switzerland.
McMeal at McDonalds (or Equivalent Combo Meal)
A McMeal or similar meal at McDonald's costs 21.92 USD in Switzerland and 22.42 USD in Iceland. The price of this product is 2.2% lower in Switzerland.
Meal for 2 People, Mid-range Restaurant, Three-course
A three-course meal for two people at a mid-range restaurant costs 154.7 USD in Switzerland and 144.13 USD in Iceland. The price of this product is 6.8% lower in Iceland.
Meal, Inexpensive Restaurant
A meal at an inexpensive restaurant costs 32.23 USD in Switzerland and 26.82 USD in Iceland. The price of this product is 16.8% lower in Iceland.
Water (0.33 liter bottle)
A 0.33 liter bottle of water costs 5.47 USD in Switzerland and 2.61 USD in Iceland. The price of this product is 52.3% lower in Iceland.
Fuel
Switzerland vs. Iceland - expenses related to fuel. You would pay 1.17 times less for fuel in Switzerland than in Iceland.
Diesel 1L
A liter of diesel costs 2.27 USD in Switzerland and 2.65 USD in Iceland. The price of this product is 14.3% lower in Switzerland.
Gasoline 1L
A liter of gasoline costs 2.16 USD in Switzerland and 2.53 USD in Iceland. The price of this product is 14.6% lower in Switzerland.
LPG 1L
Transportation
Switzerland vs. Iceland - costs of transportation and public communication. You would pay 1.17 times more for transportation in Switzerland than in Iceland.
Monthly Pass (Regular Price)
The monthly ticket price for public transportation is 112.16 USD in Switzerland and 86.48 USD in Iceland. The price of this product is 22.9% lower in Iceland.
One-way Ticket (Local Transport)
The one-way ticket price for local transportation is 5.03 USD in Switzerland and 5.2 USD in Iceland. The price of this product is 3.3% lower in Switzerland.
Taxi 1hour Waiting (Normal Tariff)
The cost of a one-hour taxi stand/wait is 88.96 USD in Switzerland and 85.76 USD in Iceland. The price of this product is 3.6% lower in Iceland.
Taxi 1km (Normal Tariff)
The fare for each kilometer traveled is 3.35 USD in Switzerland and 2.59 USD in Iceland. The price of this product is 22.7% lower in Iceland.
Taxi Start (Normal Tariff)
The initial fare during a taxi ride is 7.74 USD in Switzerland and 6.33 USD in Iceland. The price of this product is 18.2% lower in Iceland.
Sports & entertainment
Switzerland vs. Iceland - costs related to entertainment and sports.
Cinema, International Release, 1 Seat
The ticket price for a foreign film in the cinema is 25.78 USD in Switzerland and 17.54 USD in Iceland. The price of this product is 32% lower in Iceland.
Fitness Club, Monthly Fee for 1 Adult
The monthly fee for entry to the fitness club is 92.28 USD in Switzerland and 82.69 USD in Iceland. The price of this product is 10.4% lower in Iceland.
Tennis Court Rent (1 Hour on Weekend)
The cost of renting a tennis court for one hour on the weekend is 51.97 USD in Switzerland and 45.24 USD in Iceland. The price of this product is 12.9% lower in Iceland.
Flats for rent
Switzerland vs. Iceland - costs of renting an apartment. You would pay about 1.43 times more for renting an apartment in Switzerland 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 2882 USD in Switzerland and 2206 USD in Iceland. The price of this product is 23.5% lower in Iceland.
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 2370 USD in Switzerland and 2022 USD in Iceland. The price of this product is 14.7% lower in Iceland.
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 5275 USD in Switzerland and 3167 USD in Iceland. The price of this product is 40% lower in Iceland.
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 3924 USD in Switzerland and 2733 USD in Iceland. The price of this product is 30.4% lower in Iceland.
Flats for sale
Switzerland vs. Iceland - costs of purchasing an apartment. You would pay 3.17 times more for buying an apartment in Switzerland 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 25139 USD in Switzerland and 7600 USD in Iceland. The price of this product is 69.8% 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 19270 USD in Switzerland and 6427 USD in Iceland. The price of this product is 66.6% lower in Iceland.
Salary
Switzerland vs. Iceland - average salary. The average salary in Switzerland is 1.95 times higher than in Iceland.
Average Monthly Net Salary (After Tax)
The average monthly salary after taxes is 8181 USD in Switzerland and 4198 USD in Iceland. The average salary is 48.7% lower in Iceland.
Hotels
Switzerland 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: 15 Dec 2024 (1 night stay for 2 people on 29 Dec 2024) • Switzerland: 15 cities, 303 hotels • Iceland: 11 cities, 117 hotels