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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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Grocery

EURCOPUSDISK

Colombia vs. Iceland - grocery purchase prices. You would pay on average 3.3 times less for grocery shopping in Colombia than in Iceland.

Apples (1kg)

One kilogram of apples costs 2.73 EUR (3.17 USD) in Colombia and 2.87 EUR (3.34 USD) in Iceland. The price of this product is 4.9% lower in Colombia.

2.73 EUR
2.87 EUR

Banana (1kg)

1 kilogram of bananas costs 1 EUR (1.16 USD) in Colombia and 2.17 EUR (2.52 USD) in Iceland. The price of this product is 53.9% lower in Colombia.

1.00 EUR
2.17 EUR

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

One kilogram of beef or similar meat costs 6.73 EUR (7.81 USD) in Colombia and 37.16 EUR (43.14 USD) in Iceland. The price of this product is 81.9% lower in Colombia.

6.73 EUR
37.16 EUR

Bottle of Wine (Mid-Range)

A bottle of medium-grade wine costs 8.87 EUR (10.3 USD) in Colombia and 21.12 EUR (24.53 USD) in Iceland. The price of this product is 58% lower in Colombia.

8.87 EUR
21.12 EUR

Chicken Fillets (1kg)

One kilogram of chicken fillet costs 4.8 EUR (5.58 USD) in Colombia and 21.1 EUR (24.5 USD) in Iceland. The price of this product is 77.3% lower in Colombia.

4.80 EUR
21.10 EUR

Cigarettes 20 Pack (Marlboro)

A pack of 20 cigarettes costs 2.52 EUR (2.92 USD) in Colombia and 11.97 EUR (13.9 USD) in Iceland. The price of this product is 78.9% lower in Colombia.

2.52 EUR
11.97 EUR

Domestic Beer (0.5 liter bottle)

Domestic beer in a 0.5 liter bottle costs 1.03 EUR (1.19 USD) in Colombia and 3.19 EUR (3.7 USD) in Iceland. The price of this product is 67.7% lower in Colombia.

1.03 EUR
3.19 EUR

Eggs (regular) (12)

You will pay 1.84 EUR (2.13 USD) for 12 eggs in Colombia and 5.58 EUR (6.48 USD) in Iceland. The price of this product is 67% lower in Colombia.

1.84 EUR
5.58 EUR

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 1.73 EUR (2.01 USD) in Colombia and 2.96 EUR (3.43 USD) in Iceland. The price of this product is 41.6% lower in Colombia.

1.73 EUR
2.96 EUR

Johnnie Walker Red Label Whisky 0.7 Litre

16.30 EUR
-

Lettuce (1 head)

One head of lettuce costs 0.72 EUR (0.83 USD) in Colombia and 2.72 EUR (3.16 USD) in Iceland. The price of this product is 73.5% lower in Colombia.

0.72 EUR
2.72 EUR

Loaf of Fresh White Bread (500g)

One loaf of fresh white bread costs 1.32 EUR (1.53 USD) in Colombia and 3.74 EUR (4.34 USD) in Iceland. The price of this product is 64.7% lower in Colombia.

1.32 EUR
3.74 EUR

Local Cheese (1kg)

One kilogram of locally produced cheese costs 4.46 EUR (5.18 USD) in Colombia and 16 EUR (18.58 USD) in Iceland. The price of this product is 72.1% lower in Colombia.

4.46 EUR
16.00 EUR

Milk (regular), (1 liter)

One liter of milk costs 1.09 EUR (1.27 USD) in Colombia and 1.68 EUR (1.95 USD) in Iceland. The price of this product is 35.1% lower in Colombia.

1.09 EUR
1.68 EUR

Onion (1kg)

One kilogram of onions costs 1.1 EUR (1.28 USD) in Colombia and 2.08 EUR (2.42 USD) in Iceland. The price of this product is 47.1% lower in Colombia.

1.10 EUR
2.08 EUR

Oranges (1kg)

One kilogram of oranges costs 1.22 EUR (1.42 USD) in Colombia and 2.68 EUR (3.11 USD) in Iceland. The price of this product is 54.5% lower in Colombia.

1.22 EUR
2.68 EUR

Potato (1kg)

One kilogram of potatoes costs 1.11 EUR (1.29 USD) in Colombia and 3.16 EUR (3.67 USD) in Iceland. The price of this product is 64.9% lower in Colombia.

1.11 EUR
3.16 EUR

Rice (white), (1kg)

One kilogram of white rice costs 1.05 EUR (1.22 USD) in Colombia and 3.2 EUR (3.71 USD) in Iceland. The price of this product is 67.2% lower in Colombia.

1.05 EUR
3.20 EUR

Smirnoff Red Label Vodka 0.7 Litre

14.57 EUR
-

Tomato (1kg)

One kilogram of tomatoes costs 1.17 EUR (1.36 USD) in Colombia and 4.38 EUR (5.09 USD) in Iceland. The price of this product is 73.3% lower in Colombia.

1.17 EUR
4.38 EUR

Water (1.5 liter bottle)

A 1.5 liter bottle of water costs 0.76 EUR (0.88 USD) in Colombia and 1.72 EUR (2 USD) in Iceland. The price of this product is 55.8% lower in Colombia.

0.76 EUR
1.72 EUR

Restaurant

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Colombia vs. Iceland - expenses on meals in restaurants. You would pay 4.23 times less for meals in restaurants in Colombia than in Iceland.

Cappuccino (regular)

For a cappuccino in a restaurant, you'll pay 1.68 EUR (1.95 USD) in Colombia and 5.36 EUR (6.22 USD) in Iceland. The price of this product is 68.7% lower in Colombia.

1.68 EUR
5.36 EUR

Coke/Pepsi (0.33 liter bottle)

A 0.33 liter bottle of Coca-Cola or Pepsi costs 0.9 EUR (1.05 USD) in Colombia and 2.87 EUR (3.33 USD) in Iceland. The price of this product is 68.6% lower in Colombia.

0.90 EUR
2.87 EUR

Domestic Beer (0.5 liter draught)

Domestic beer with a capacity of 0.5 liters costs 1.05 EUR (1.22 USD) in Colombia and 11.27 EUR (13.08 USD) in Iceland. The price of this product is 90.7% lower in Colombia.

1.05 EUR
11.27 EUR

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 2 EUR (2.32 USD) in Colombia and 9.86 EUR (11.45 USD) in Iceland. The price of this product is 79.7% lower in Colombia.

2.00 EUR
9.86 EUR

McMeal at McDonalds (or Equivalent Combo Meal)

A McMeal or similar meal at McDonald's costs 7.1 EUR (8.24 USD) in Colombia and 19.72 EUR (22.89 USD) in Iceland. The price of this product is 64% lower in Colombia.

7.10 EUR
19.72 EUR

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

A three-course meal for two people at a mid-range restaurant costs 29.94 EUR (34.77 USD) in Colombia and 126.74 EUR (147.17 USD) in Iceland. The price of this product is 76.4% lower in Colombia.

29.94 EUR
126.74 EUR

Meal, Inexpensive Restaurant

A meal at an inexpensive restaurant costs 4.44 EUR (5.15 USD) in Colombia and 23.59 EUR (27.39 USD) in Iceland. The price of this product is 81.2% lower in Colombia.

4.44 EUR
23.59 EUR

Water (0.33 liter bottle)

A 0.33 liter bottle of water costs 0.62 EUR (0.72 USD) in Colombia and 2.29 EUR (2.66 USD) in Iceland. The price of this product is 72.9% lower in Colombia.

0.62 EUR
2.29 EUR

Fuel

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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.

0.60 EUR
2.29 EUR

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.

0.89 EUR
2.18 EUR

Transportation

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Colombia vs. Iceland - costs of transportation and public communication. You would pay 3.49 times less for transportation in Colombia than in Iceland.

Monthly Pass (Regular Price)

The monthly ticket price for public transportation is 37.82 EUR (43.91 USD) in Colombia and 76.05 EUR (88.3 USD) in Iceland. The price of this product is 50.3% lower in Colombia.

37.82 EUR
76.05 EUR

One-way Ticket (Local Transport)

The one-way ticket price for local transportation is 0.7 EUR (0.81 USD) in Colombia and 4.58 EUR (5.31 USD) in Iceland. The price of this product is 84.7% lower in Colombia.

0.70 EUR
4.58 EUR

Taxi 1hour Waiting (Normal Tariff)

The cost of a one-hour taxi stand/wait is 5.54 EUR (6.44 USD) in Colombia and 75.41 EUR (87.56 USD) in Iceland. The price of this product is 92.7% lower in Colombia.

5.54 EUR
75.41 EUR

Taxi 1km (Normal Tariff)

The fare for each kilometer traveled is 1.53 EUR (1.78 USD) in Colombia and 2.28 EUR (2.65 USD) in Iceland. The price of this product is 32.9% lower in Colombia.

1.53 EUR
2.28 EUR

Taxi Start (Normal Tariff)

The initial fare during a taxi ride is 1.33 EUR (1.55 USD) in Colombia and 5.56 EUR (6.46 USD) in Iceland. The price of this product is 76.1% lower in Colombia.

1.33 EUR
5.56 EUR

Sports & entertainment

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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 4.44 EUR (5.15 USD) in Colombia and 15.42 EUR (17.91 USD) in Iceland. The price of this product is 71.2% lower in Colombia.

4.44 EUR
15.42 EUR

Fitness Club, Monthly Fee for 1 Adult

The monthly fee for entry to the fitness club is 22.13 EUR (25.69 USD) in Colombia and 72.72 EUR (84.43 USD) in Iceland. The price of this product is 69.6% lower in Colombia.

22.13 EUR
72.72 EUR

Tennis Court Rent (1 Hour on Weekend)

The cost of renting a tennis court for one hour on the weekend is 10.26 EUR (11.91 USD) in Colombia and 39.78 EUR (46.19 USD) in Iceland. The price of this product is 74.2% lower in Colombia.

10.26 EUR
39.78 EUR

Flats for rent

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Colombia vs. Iceland - costs of renting an apartment. You would pay about 4.44 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 399.81 EUR (464.24 USD) in Colombia and 1940 EUR (2252.28 USD) in Iceland. The price of this product is 79.4% lower in Colombia.

399.81 EUR
1 940 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 293 EUR (340.21 USD) in Colombia and 1778 EUR (2064.43 USD) in Iceland. The price of this product is 83.5% lower in Colombia.

293.00 EUR
1 778 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 744.94 EUR (864.99 USD) in Colombia and 2785 EUR (3233.93 USD) in Iceland. The price of this product is 73.3% lower in Colombia.

744.94 EUR
2 785 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 567.52 EUR (658.97 USD) in Colombia and 2403 EUR (2790.23 USD) in Iceland. The price of this product is 76.4% lower in Colombia.

567.52 EUR
2 403 EUR

Flats for sale

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Colombia vs. Iceland - costs of purchasing an apartment. You would pay 4.38 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 1645 EUR (1910.25 USD) in Colombia and 6683 EUR (7760.34 USD) in Iceland. The price of this product is 75.4% lower in Colombia.

1 645 EUR
6 683 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 1174 EUR (1362.63 USD) in Colombia and 5651 EUR (6562.21 USD) in Iceland. The price of this product is 79.2% lower in Colombia.

1 174 EUR
5 651 EUR

Salary

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Colombia vs. Iceland - average salary. The average salary in Colombia is 10.62 times lower than in Iceland.

Average Monthly Net Salary (After Tax)

The average monthly salary after taxes is 347.64 EUR (403.66 USD) in Colombia and 3691 EUR (4286.19 USD) in Iceland. The average salary is 90.6% lower in Colombia.

347.64 EUR
3 691 EUR

Hotels

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

One star

25.5 EUR
-

Two stars

53 EUR
148 EUR

Three stars

86.8 EUR
197 EUR

Four stars

149 EUR
316 EUR

Five stars

476 EUR
-

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

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