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 1.06 times more for grocery shopping in Switzerland than in Iceland.
Apples (1kg)
One kilogram of apples costs 3.75 EUR (4.2 USD) in Switzerland and 2.99 EUR (3.35 USD) in Iceland. The price of this product is 20.3% lower in Iceland.
Banana (1kg)
1 kilogram of bananas costs 2.55 EUR (2.85 USD) in Switzerland and 2.26 EUR (2.53 USD) in Iceland. The price of this product is 11.4% lower in Iceland.
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
One kilogram of beef or similar meat costs 44.74 EUR (50.13 USD) in Switzerland and 38.66 EUR (43.31 USD) in Iceland. The price of this product is 13.6% lower in Iceland.
Bottle of Wine (Mid-Range)
A bottle of medium-grade wine costs 13 EUR (14.57 USD) in Switzerland and 21.98 EUR (24.62 USD) in Iceland. The price of this product is 40.9% lower in Switzerland.
Chicken Fillets (1kg)
One kilogram of chicken fillet costs 29.36 EUR (32.89 USD) in Switzerland and 21.95 EUR (24.59 USD) in Iceland. The price of this product is 25.2% lower in Iceland.
Cigarettes 20 Pack (Marlboro)
A pack of 20 cigarettes costs 9.75 EUR (10.92 USD) in Switzerland and 12.45 EUR (13.95 USD) in Iceland. The price of this product is 21.7% lower in Switzerland.
Domestic Beer (0.5 liter bottle)
Domestic beer in a 0.5 liter bottle costs 2.33 EUR (2.61 USD) in Switzerland and 3.31 EUR (3.71 USD) in Iceland. The price of this product is 29.6% lower in Switzerland.
Eggs (regular) (12)
You will pay 6.52 EUR (7.31 USD) for 12 eggs in Switzerland and 5.8 EUR (6.5 USD) in Iceland. The price of this product is 11% lower in Iceland.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 2.9 EUR (3.25 USD) in Switzerland and 3.07 EUR (3.44 USD) in Iceland. The price of this product is 5.5% lower in Switzerland.
Johnnie Walker Red Label Whisky 0.7 Litre
Lettuce (1 head)
One head of lettuce costs 2.21 EUR (2.48 USD) in Switzerland and 2.84 EUR (3.18 USD) in Iceland. The price of this product is 22.2% lower in Switzerland.
Loaf of Fresh White Bread (500g)
One loaf of fresh white bread costs 3.04 EUR (3.41 USD) in Switzerland and 3.89 EUR (4.36 USD) in Iceland. The price of this product is 21.9% lower in Switzerland.
Local Cheese (1kg)
One kilogram of locally produced cheese costs 26.03 EUR (29.17 USD) in Switzerland and 16.65 EUR (18.65 USD) in Iceland. The price of this product is 36% lower in Iceland.
Milk (regular), (1 liter)
One liter of milk costs 1.94 EUR (2.17 USD) in Switzerland and 1.75 EUR (1.96 USD) in Iceland. The price of this product is 9.8% lower in Iceland.
Onion (1kg)
One kilogram of onions costs 2.06 EUR (2.31 USD) in Switzerland and 2.17 EUR (2.43 USD) in Iceland. The price of this product is 5.1% lower in Switzerland.
Oranges (1kg)
One kilogram of oranges costs 2.7 EUR (3.02 USD) in Switzerland and 2.78 EUR (3.12 USD) in Iceland. The price of this product is 2.9% lower in Switzerland.
Potato (1kg)
One kilogram of potatoes costs 2.51 EUR (2.82 USD) in Switzerland and 3.29 EUR (3.68 USD) in Iceland. The price of this product is 23.7% lower in Switzerland.
Rice (white), (1kg)
One kilogram of white rice costs 3.47 EUR (3.88 USD) in Switzerland and 3.33 EUR (3.73 USD) in Iceland. The price of this product is 4% lower in Iceland.
Smirnoff Red Label Vodka 0.7 Litre
Tomato (1kg)
One kilogram of tomatoes costs 4.59 EUR (5.15 USD) in Switzerland and 4.56 EUR (5.11 USD) in Iceland. The price of this product is 0.7% lower in Iceland.
Water (1.5 liter bottle)
A 1.5 liter bottle of water costs 1.42 EUR (1.59 USD) in Switzerland and 1.79 EUR (2.01 USD) in Iceland. The price of this product is 20.7% lower in Switzerland.
Restaurant
Switzerland vs. Iceland - expenses on meals in restaurants. You would pay 1.01 times less for meals in restaurants in Switzerland than in Iceland.
Cappuccino (regular)
For a cappuccino in a restaurant, you'll pay 5.96 EUR (6.68 USD) in Switzerland and 5.57 EUR (6.24 USD) in Iceland. The price of this product is 6.5% lower in Iceland.
Coke/Pepsi (0.33 liter bottle)
A 0.33 liter bottle of Coca-Cola or Pepsi costs 5.22 EUR (5.85 USD) in Switzerland and 2.98 EUR (3.34 USD) in Iceland. The price of this product is 42.9% lower in Iceland.
Domestic Beer (0.5 liter draught)
Domestic beer with a capacity of 0.5 liters costs 8.67 EUR (9.71 USD) in Switzerland and 11.72 EUR (13.13 USD) in Iceland. The price of this product is 26% lower in Switzerland.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 7.58 EUR (8.5 USD) in Switzerland and 10.26 EUR (11.49 USD) in Iceland. The price of this product is 26.1% lower in Switzerland.
McMeal at McDonalds (or Equivalent Combo Meal)
A McMeal or similar meal at McDonald's costs 18.42 EUR (20.64 USD) in Switzerland and 20.51 EUR (22.98 USD) in Iceland. The price of this product is 10.2% 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 130 EUR (145.66 USD) in Switzerland and 131.86 EUR (147.75 USD) in Iceland. The price of this product is 1.4% lower in Switzerland.
Meal, Inexpensive Restaurant
A meal at an inexpensive restaurant costs 27.08 EUR (30.35 USD) in Switzerland and 24.54 EUR (27.5 USD) in Iceland. The price of this product is 9.4% lower in Iceland.
Water (0.33 liter bottle)
A 0.33 liter bottle of water costs 4.59 EUR (5.15 USD) in Switzerland and 2.39 EUR (2.67 USD) in Iceland. The price of this product is 47.9% 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 2.02 EUR (2.27 USD) in Switzerland and 2.37 EUR (2.65 USD) in Iceland. The price of this product is 14.8% lower in Switzerland.
Gasoline 1L
A liter of gasoline costs 1.93 EUR (2.16 USD) in Switzerland and 2.26 EUR (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 1.07 times more for transportation in Switzerland than in Iceland.
Monthly Pass (Regular Price)
The monthly ticket price for public transportation is 94.25 EUR (105.6 USD) in Switzerland and 79.12 EUR (88.65 USD) in Iceland. The price of this product is 16.1% lower in Iceland.
One-way Ticket (Local Transport)
The one-way ticket price for local transportation is 4.23 EUR (4.73 USD) in Switzerland and 4.76 EUR (5.34 USD) in Iceland. The price of this product is 11.1% lower in Switzerland.
Taxi 1hour Waiting (Normal Tariff)
The cost of a one-hour taxi stand/wait is 74.75 EUR (83.75 USD) in Switzerland and 78.46 EUR (87.91 USD) in Iceland. The price of this product is 4.7% lower in Switzerland.
Taxi 1km (Normal Tariff)
The fare for each kilometer traveled is 2.82 EUR (3.16 USD) in Switzerland and 2.37 EUR (2.66 USD) in Iceland. The price of this product is 16% lower in Iceland.
Taxi Start (Normal Tariff)
The initial fare during a taxi ride is 6.5 EUR (7.28 USD) in Switzerland and 5.79 EUR (6.48 USD) in Iceland. The price of this product is 10.9% 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 21.67 EUR (24.28 USD) in Switzerland and 16.04 EUR (17.98 USD) in Iceland. The price of this product is 26% lower in Iceland.
Fitness Club, Monthly Fee for 1 Adult
The monthly fee for entry to the fitness club is 77.55 EUR (86.89 USD) in Switzerland and 75.65 EUR (84.77 USD) in Iceland. The price of this product is 2.5% lower in Iceland.
Tennis Court Rent (1 Hour on Weekend)
The cost of renting a tennis court for one hour on the weekend is 43.67 EUR (48.93 USD) in Switzerland and 41.39 EUR (46.38 USD) in Iceland. The price of this product is 5.2% lower in Iceland.
Flats for rent
Switzerland vs. Iceland - costs of renting an apartment. You would pay about 1.31 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 2422 EUR (2713.76 USD) in Switzerland and 2018 EUR (2261.15 USD) in Iceland. The price of this product is 16.7% 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 1992 EUR (2231.74 USD) in Switzerland and 1850 EUR (2072.56 USD) in Iceland. The price of this product is 7.1% 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 4432 EUR (4966.15 USD) in Switzerland and 2898 EUR (3246.67 USD) in Iceland. The price of this product is 34.6% 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 3297 EUR (3694.11 USD) in Switzerland and 2500 EUR (2801.22 USD) in Iceland. The price of this product is 24.2% lower in Iceland.
Flats for sale
Switzerland vs. Iceland - costs of purchasing an apartment. You would pay 2.91 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 21125 EUR (23669.62 USD) in Switzerland and 6953 EUR (7790.91 USD) in Iceland. The price of this product is 67.1% 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 16193 EUR (18143.55 USD) in Switzerland and 5880 EUR (6588.07 USD) in Iceland. The price of this product is 63.7% lower in Iceland.
Salary
Switzerland vs. Iceland - average salary. The average salary in Switzerland is 1.79 times higher than in Iceland.
Average Monthly Net Salary (After Tax)
The average monthly salary after taxes is 6875 EUR (7703.04 USD) in Switzerland and 3840 EUR (4303.08 USD) in Iceland. The average salary is 44.1% 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