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 1.42 times more for grocery shopping in Switzerland than in Iceland.
Apples (1kg)
One kilogram of apples costs 4.15 USD in Switzerland and 3.36 USD in Iceland. The price of this product is 19% lower in Iceland.
Banana (1kg)
1 kilogram of bananas costs 3.01 USD in Switzerland and 2.11 USD in Iceland. The price of this product is 29.9% lower in Iceland.
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
One kilogram of beef or similar meat costs 57.18 USD in Switzerland and 26.05 USD in Iceland. The price of this product is 54.4% lower in Iceland.
Bottle of Wine (Mid-Range)
A bottle of medium-grade wine costs 14.75 USD in Switzerland and 20.07 USD in Iceland. The price of this product is 26.5% lower in Switzerland.
Chicken Fillets (1kg)
One kilogram of chicken fillet costs 29.92 USD in Switzerland and 18 USD in Iceland. The price of this product is 39.8% lower in Iceland.
Cigarettes 20 Pack (Marlboro)
A pack of 20 cigarettes costs 10.21 USD in Switzerland and 11.9 USD in Iceland. The price of this product is 14.2% lower in Switzerland.
Domestic Beer (0.5 liter bottle)
Domestic beer in a 0.5 liter bottle costs 2.33 USD in Switzerland and 3.11 USD in Iceland. The price of this product is 25.1% lower in Switzerland.
Eggs (regular) (12)
You will pay 6.81 USD for 12 eggs in Switzerland and 5.65 USD in Iceland. The price of this product is 17% lower in Iceland.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 3.09 USD in Switzerland and 2.59 USD in Iceland. The price of this product is 16.2% lower in Iceland.
Johnnie Walker Red Label Whisky 0.7 Litre
Lettuce (1 head)
One head of lettuce costs 2.54 USD in Switzerland and 2.8 USD in Iceland. The price of this product is 9.3% lower in Switzerland.
Loaf of Fresh White Bread (500g)
One loaf of fresh white bread costs 3.4 USD in Switzerland and 3.34 USD in Iceland. The price of this product is 1.8% lower in Iceland.
Local Cheese (1kg)
One kilogram of locally produced cheese costs 29.27 USD in Switzerland and 14.63 USD in Iceland. The price of this product is 50% lower in Iceland.
Milk (regular), (1 liter)
One liter of milk costs 1.91 USD in Switzerland and 1.58 USD in Iceland. The price of this product is 17.3% lower in Iceland.
Onion (1kg)
One kilogram of onions costs 2.56 USD in Switzerland and 1.39 USD in Iceland. The price of this product is 45.7% lower in Iceland.
Oranges (1kg)
One kilogram of oranges costs 3.43 USD in Switzerland and 2.56 USD in Iceland. The price of this product is 25.4% lower in Iceland.
Potato (1kg)
One kilogram of potatoes costs 2.75 USD in Switzerland and 2.77 USD in Iceland. The price of this product is 0.7% lower in Switzerland.
Rice (white), (1kg)
One kilogram of white rice costs 3.76 USD in Switzerland and 3.16 USD in Iceland. The price of this product is 16% lower in Iceland.
Smirnoff Red Label Vodka 0.7 Litre
Tomato (1kg)
One kilogram of tomatoes costs 4.89 USD in Switzerland and 4.75 USD in Iceland. The price of this product is 2.9% lower in Iceland.
Water (1.5 liter bottle)
A 1.5 liter bottle of water costs 1.51 USD in Switzerland and 2 USD in Iceland. The price of this product is 24.5% lower in Switzerland.
Restaurant
Switzerland vs. Iceland - expenses on meals in restaurants. You would pay 1.25 times more for meals in restaurants in Switzerland than in Iceland.
Cappuccino (regular)
For a cappuccino in a restaurant, you'll pay 6.04 USD in Switzerland and 4.65 USD in Iceland. The price of this product is 23% lower in Iceland.
Coke/Pepsi (0.33 liter bottle)
A 0.33 liter bottle of Coca-Cola or Pepsi costs 5.05 USD in Switzerland and 2.56 USD in Iceland. The price of this product is 49.3% lower in Iceland.
Domestic Beer (0.5 liter draught)
Domestic beer with a capacity of 0.5 liters costs 9.08 USD in Switzerland and 9.67 USD in Iceland. The price of this product is 6.1% lower in Switzerland.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 7.94 USD in Switzerland and 8.18 USD in Iceland. The price of this product is 2.9% lower in Switzerland.
McMeal at McDonalds (or Equivalent Combo Meal)
A McMeal or similar meal at McDonald's costs 17.02 USD in Switzerland and 14.87 USD in Iceland. The price of this product is 12.6% lower in Iceland.
Meal for 2 People, Mid-range Restaurant, Three-course
A three-course meal for two people at a mid-range restaurant costs 136.15 USD in Switzerland and 111.53 USD in Iceland. The price of this product is 18.1% lower in Iceland.
Meal, Inexpensive Restaurant
A meal at an inexpensive restaurant costs 28.36 USD in Switzerland and 18.59 USD in Iceland. The price of this product is 34.4% lower in Iceland.
Water (0.33 liter bottle)
A 0.33 liter bottle of water costs 4.7 USD in Switzerland and 1.99 USD in Iceland. The price of this product is 57.7% lower in Iceland.
Fuel
Switzerland vs. Iceland - expenses related to fuel. You would pay 1.1 times less for fuel in Switzerland than in Iceland.
Diesel 1L
A liter of diesel costs 2.12 USD in Switzerland and 2.3 USD in Iceland. The price of this product is 7.8% lower in Switzerland.
Gasoline 1L
A liter of gasoline costs 2.05 USD in Switzerland and 2.27 USD in Iceland. The price of this product is 9.7% lower in Switzerland.
LPG 1L
Transportation
Switzerland vs. Iceland - costs of transportation and public communication. You would pay 1.51 times more for transportation in Switzerland than in Iceland.
Monthly Pass (Regular Price)
The monthly ticket price for public transportation is 103.25 USD in Switzerland and 66.92 USD in Iceland. The price of this product is 35.2% lower in Iceland.
One-way Ticket (Local Transport)
The one-way ticket price for local transportation is 4.99 USD in Switzerland and 4.09 USD in Iceland. The price of this product is 18% lower in Iceland.
Taxi 1hour Waiting (Normal Tariff)
The cost of a one-hour taxi stand/wait is 90.77 USD in Switzerland and 60.75 USD in Iceland. The price of this product is 33.1% lower in Iceland.
Taxi 1km (Normal Tariff)
The fare for each kilometer traveled is 5.67 USD in Switzerland and 3.08 USD in Iceland. The price of this product is 45.7% lower in Iceland.
Taxi Start (Normal Tariff)
The initial fare during a taxi ride is 7.66 USD in Switzerland and 5.43 USD in Iceland. The price of this product is 29.1% 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 22.69 USD in Switzerland and 13.76 USD in Iceland. The price of this product is 39.4% lower in Iceland.
Fitness Club, Monthly Fee for 1 Adult
The monthly fee for entry to the fitness club is 99.03 USD in Switzerland and 66.93 USD in Iceland. The price of this product is 32.4% lower in Iceland.
Tennis Court Rent (1 Hour on Weekend)
The cost of renting a tennis court for one hour on the weekend is 45.38 USD in Switzerland and 45.98 USD in Iceland. The price of this product is 1.3% lower in Switzerland.
Flats for rent
Switzerland vs. Iceland - costs of renting an apartment. You would pay about 1.61 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 2368 USD in Switzerland and 1616 USD in Iceland. The price of this product is 31.8% 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 1812 USD in Switzerland and 1368 USD in Iceland. The price of this product is 24.5% 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 4397 USD in Switzerland and 2340 USD in Iceland. The price of this product is 46.8% 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 3137 USD in Switzerland and 1947 USD in Iceland. The price of this product is 37.9% lower in Iceland.
Flats for sale
Switzerland vs. Iceland - costs of purchasing an apartment. You would pay 3.2 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 21803 USD in Switzerland and 6244 USD in Iceland. The price of this product is 71.4% 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 12809 USD in Switzerland and 4556 USD in Iceland. The price of this product is 64.4% lower in Iceland.
Salary
Switzerland vs. Iceland - average salary. The average salary in Switzerland is 1.94 times higher than in Iceland.
Average Monthly Net Salary (After Tax)
The average monthly salary after taxes is 7213 USD in Switzerland and 3712 USD in Iceland. The average salary is 48.5% 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