Cost of Living & Prices:
Colombia 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
Colombia vs. Iceland - grocery purchase prices. You would pay on average 3.06 times less for grocery shopping in Colombia than in Iceland.
Apples (1kg)
One kilogram of apples costs 2.83 EUR (3.28 USD) in Colombia and 2.76 EUR (3.2 USD) in Iceland. The price of this product is 2.5% lower in Iceland.
Banana (1kg)
1 kilogram of bananas costs 1.03 EUR (1.2 USD) in Colombia and 2.08 EUR (2.42 USD) in Iceland. The price of this product is 50.5% lower in Colombia.
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
One kilogram of beef or similar meat costs 6.96 EUR (8.08 USD) in Colombia and 35.65 EUR (41.39 USD) in Iceland. The price of this product is 80.5% lower in Colombia.
Bottle of Wine (Mid-Range)
A bottle of medium-grade wine costs 9.18 EUR (10.66 USD) in Colombia and 20.27 EUR (23.53 USD) in Iceland. The price of this product is 54.7% lower in Colombia.
Chicken Fillets (1kg)
One kilogram of chicken fillet costs 4.97 EUR (5.77 USD) in Colombia and 20.24 EUR (23.5 USD) in Iceland. The price of this product is 75.4% lower in Colombia.
Cigarettes 20 Pack (Marlboro)
A pack of 20 cigarettes costs 2.6 EUR (3.02 USD) in Colombia and 11.48 EUR (13.33 USD) in Iceland. The price of this product is 77.4% lower in Colombia.
Domestic Beer (0.5 liter bottle)
Domestic beer in a 0.5 liter bottle costs 1.06 EUR (1.24 USD) in Colombia and 3.06 EUR (3.55 USD) in Iceland. The price of this product is 65.4% lower in Colombia.
Eggs (regular) (12)
You will pay 1.9 EUR (2.21 USD) for 12 eggs in Colombia and 5.35 EUR (6.21 USD) in Iceland. The price of this product is 64.5% lower in Colombia.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 1.79 EUR (2.08 USD) in Colombia and 2.84 EUR (3.29 USD) in Iceland. The price of this product is 37% lower in Colombia.
Johnnie Walker Red Label Whisky 0.7 Litre
Lettuce (1 head)
One head of lettuce costs 0.74 EUR (0.86 USD) in Colombia and 2.61 EUR (3.04 USD) in Iceland. The price of this product is 71.6% lower in Colombia.
Loaf of Fresh White Bread (500g)
One loaf of fresh white bread costs 1.37 EUR (1.59 USD) in Colombia and 3.59 EUR (4.16 USD) in Iceland. The price of this product is 61.8% lower in Colombia.
Local Cheese (1kg)
One kilogram of locally produced cheese costs 4.62 EUR (5.36 USD) in Colombia and 15.35 EUR (17.82 USD) in Iceland. The price of this product is 69.9% lower in Colombia.
Milk (regular), (1 liter)
One liter of milk costs 1.13 EUR (1.31 USD) in Colombia and 1.61 EUR (1.87 USD) in Iceland. The price of this product is 29.8% lower in Colombia.
Onion (1kg)
One kilogram of onions costs 1.14 EUR (1.32 USD) in Colombia and 2 EUR (2.32 USD) in Iceland. The price of this product is 43% lower in Colombia.
Oranges (1kg)
One kilogram of oranges costs 1.27 EUR (1.47 USD) in Colombia and 2.57 EUR (2.98 USD) in Iceland. The price of this product is 50.6% lower in Colombia.
Potato (1kg)
One kilogram of potatoes costs 1.15 EUR (1.33 USD) in Colombia and 3.03 EUR (3.52 USD) in Iceland. The price of this product is 62% lower in Colombia.
Rice (white), (1kg)
One kilogram of white rice costs 1.09 EUR (1.26 USD) in Colombia and 3.07 EUR (3.56 USD) in Iceland. The price of this product is 64.5% lower in Colombia.
Smirnoff Red Label Vodka 0.7 Litre
Tomato (1kg)
One kilogram of tomatoes costs 1.21 EUR (1.41 USD) in Colombia and 4.21 EUR (4.88 USD) in Iceland. The price of this product is 71.3% lower in Colombia.
Water (1.5 liter bottle)
A 1.5 liter bottle of water costs 0.78 EUR (0.91 USD) in Colombia and 1.65 EUR (1.92 USD) in Iceland. The price of this product is 52.7% lower in Colombia.
Restaurant
Colombia vs. Iceland - expenses on meals in restaurants. You would pay 3.92 times less for meals in restaurants in Colombia than in Iceland.
Cappuccino (regular)
For a cappuccino in a restaurant, you'll pay 1.74 EUR (2.02 USD) in Colombia and 5.14 EUR (5.97 USD) in Iceland. The price of this product is 66.1% lower in Colombia.
Coke/Pepsi (0.33 liter bottle)
A 0.33 liter bottle of Coca-Cola or Pepsi costs 0.94 EUR (1.09 USD) in Colombia and 2.75 EUR (3.19 USD) in Iceland. The price of this product is 65.8% lower in Colombia.
Domestic Beer (0.5 liter draught)
Domestic beer with a capacity of 0.5 liters costs 1.09 EUR (1.27 USD) in Colombia and 10.81 EUR (12.55 USD) in Iceland. The price of this product is 89.9% lower in Colombia.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 2.07 EUR (2.4 USD) in Colombia and 9.46 EUR (10.98 USD) in Iceland. The price of this product is 78.1% lower in Colombia.
McMeal at McDonalds (or Equivalent Combo Meal)
A McMeal or similar meal at McDonald's costs 7.34 EUR (8.53 USD) in Colombia and 18.92 EUR (21.96 USD) in Iceland. The price of this product is 61.2% lower in Colombia.
Meal for 2 People, Mid-range Restaurant, Three-course
A three-course meal for two people at a mid-range restaurant costs 30.98 EUR (35.97 USD) in Colombia and 121.6 EUR (141.19 USD) in Iceland. The price of this product is 74.5% lower in Colombia.
Meal, Inexpensive Restaurant
A meal at an inexpensive restaurant costs 4.59 EUR (5.33 USD) in Colombia and 22.63 EUR (26.28 USD) in Iceland. The price of this product is 79.7% lower in Colombia.
Water (0.33 liter bottle)
A 0.33 liter bottle of water costs 0.64 EUR (0.74 USD) in Colombia and 2.2 EUR (2.55 USD) in Iceland. The price of this product is 70.9% lower in Colombia.
Fuel
Colombia vs. Iceland - expenses related to fuel. You would pay 3 times less for fuel in Colombia than in Iceland.
Diesel 1L
A liter of diesel costs 0.6 EUR (0.69 USD) in Colombia and 2.29 EUR (2.65 USD) in Iceland. The price of this product is 73.8% lower in Colombia.
Gasoline 1L
A liter of gasoline costs 0.89 EUR (1.04 USD) in Colombia and 2.18 EUR (2.53 USD) in Iceland. The price of this product is 59.2% lower in Colombia.
Transportation
Colombia vs. Iceland - costs of transportation and public communication. You would pay 3.24 times less for transportation in Colombia than in Iceland.
Monthly Pass (Regular Price)
The monthly ticket price for public transportation is 39.13 EUR (45.43 USD) in Colombia and 72.96 EUR (84.71 USD) in Iceland. The price of this product is 46.4% lower in Colombia.
One-way Ticket (Local Transport)
The one-way ticket price for local transportation is 0.72 EUR (0.84 USD) in Colombia and 4.39 EUR (5.1 USD) in Iceland. The price of this product is 83.6% lower in Colombia.
Taxi 1hour Waiting (Normal Tariff)
The cost of a one-hour taxi stand/wait is 5.74 EUR (6.66 USD) in Colombia and 72.35 EUR (84.01 USD) in Iceland. The price of this product is 92.1% lower in Colombia.
Taxi 1km (Normal Tariff)
The fare for each kilometer traveled is 1.58 EUR (1.84 USD) in Colombia and 2.19 EUR (2.54 USD) in Iceland. The price of this product is 27.9% lower in Colombia.
Taxi Start (Normal Tariff)
The initial fare during a taxi ride is 1.38 EUR (1.6 USD) in Colombia and 5.34 EUR (6.2 USD) in Iceland. The price of this product is 74.2% lower in Colombia.
Sports & entertainment
Colombia vs. Iceland - costs related to entertainment and sports.
Cinema, International Release, 1 Seat
The ticket price for a foreign film in the cinema is 4.59 EUR (5.33 USD) in Colombia and 14.8 EUR (17.18 USD) in Iceland. The price of this product is 69% lower in Colombia.
Fitness Club, Monthly Fee for 1 Adult
The monthly fee for entry to the fitness club is 22.89 EUR (26.58 USD) in Colombia and 69.77 EUR (81 USD) in Iceland. The price of this product is 67.2% lower in Colombia.
Tennis Court Rent (1 Hour on Weekend)
The cost of renting a tennis court for one hour on the weekend is 10.61 EUR (12.32 USD) in Colombia and 38.17 EUR (44.32 USD) in Iceland. The price of this product is 72.2% lower in Colombia.
Flats for rent
Colombia vs. Iceland - costs of renting an apartment. You would pay about 4.12 times less for renting an apartment in Colombia 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 413.66 EUR (480.27 USD) in Colombia and 1861 EUR (2160.77 USD) in Iceland. The price of this product is 77.8% lower in Colombia.
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 303.15 EUR (351.97 USD) in Colombia and 1706 EUR (1980.55 USD) in Iceland. The price of this product is 82.2% lower in Colombia.
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 770.75 EUR (894.87 USD) in Colombia and 2672 EUR (3102.53 USD) in Iceland. The price of this product is 71.2% lower in Colombia.
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 587.17 EUR (681.74 USD) in Colombia and 2306 EUR (2676.86 USD) in Iceland. The price of this product is 74.5% lower in Colombia.
Flats for sale
Colombia vs. Iceland - costs of purchasing an apartment. You would pay 4.06 times less for buying an apartment in Colombia 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 1702 EUR (1976.24 USD) in Colombia and 6412 EUR (7445.03 USD) in Iceland. The price of this product is 73.5% lower in Colombia.
Price per Square Meter to Buy Apartment Outside of Centre
For one square meter of an apartment outside the city center, you will pay 1214 EUR (1409.71 USD) in Colombia and 5422 EUR (6295.58 USD) in Iceland. The price of this product is 77.6% lower in Colombia.
Salary
Colombia vs. Iceland - average salary. The average salary in Colombia is 9.85 times lower than in Iceland.
Average Monthly Net Salary (After Tax)
The average monthly salary after taxes is 359.68 EUR (417.6 USD) in Colombia and 3542 EUR (4112.04 USD) in Iceland. The average salary is 89.8% lower in Colombia.
Hotels
Colombia 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) • Colombia: 20 cities, 1024 hotels • Iceland: 11 cities, 117 hotels