Cost of Living & Prices:
Spain 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
Spain vs. Iceland - grocery purchase prices. You would pay on average 2.01 times less for grocery shopping in Spain than in Iceland.
Apples (1kg)
One kilogram of apples costs 2.49 USD in Spain and 3.63 USD in Iceland. The price of this product is 31.4% lower in Spain.
Banana (1kg)
1 kilogram of bananas costs 2.18 USD in Spain and 2.28 USD in Iceland. The price of this product is 4.4% lower in Spain.
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
One kilogram of beef or similar meat costs 14.1 USD in Spain and 28.11 USD in Iceland. The price of this product is 49.8% lower in Spain.
Bottle of Wine (Mid-Range)
A bottle of medium-grade wine costs 6.47 USD in Spain and 21.66 USD in Iceland. The price of this product is 70.1% lower in Spain.
Chicken Fillets (1kg)
One kilogram of chicken fillet costs 8.55 USD in Spain and 19.42 USD in Iceland. The price of this product is 56% lower in Spain.
Cigarettes 20 Pack (Marlboro)
A pack of 20 cigarettes costs 5.89 USD in Spain and 12.84 USD in Iceland. The price of this product is 54.1% lower in Spain.
Domestic Beer (0.5 liter bottle)
Domestic beer in a 0.5 liter bottle costs 1.14 USD in Spain and 3.36 USD in Iceland. The price of this product is 66.1% lower in Spain.
Eggs (regular) (12)
You will pay 2.75 USD for 12 eggs in Spain and 6.09 USD in Iceland. The price of this product is 54.8% lower in Spain.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 1.76 USD in Spain and 2.79 USD in Iceland. The price of this product is 36.9% lower in Spain.
Johnnie Walker Red Label Whisky 0.7 Litre
Lettuce (1 head)
One head of lettuce costs 1.22 USD in Spain and 3.02 USD in Iceland. The price of this product is 59.6% lower in Spain.
Loaf of Fresh White Bread (500g)
One loaf of fresh white bread costs 1.33 USD in Spain and 3.61 USD in Iceland. The price of this product is 63.2% lower in Spain.
Local Cheese (1kg)
One kilogram of locally produced cheese costs 12.28 USD in Spain and 15.79 USD in Iceland. The price of this product is 22.2% lower in Spain.
Milk (regular), (1 liter)
One liter of milk costs 1.04 USD in Spain and 1.7 USD in Iceland. The price of this product is 38.8% lower in Spain.
Onion (1kg)
One kilogram of onions costs 1.56 USD in Spain and 1.5 USD in Iceland. The price of this product is 3.8% lower in Iceland.
Oranges (1kg)
One kilogram of oranges costs 2.04 USD in Spain and 2.77 USD in Iceland. The price of this product is 26.4% lower in Spain.
Potato (1kg)
One kilogram of potatoes costs 1.47 USD in Spain and 2.99 USD in Iceland. The price of this product is 50.8% lower in Spain.
Rice (white), (1kg)
One kilogram of white rice costs 1.44 USD in Spain and 3.41 USD in Iceland. The price of this product is 57.8% lower in Spain.
Smirnoff Red Label Vodka 0.7 Litre
Tomato (1kg)
One kilogram of tomatoes costs 2.26 USD in Spain and 5.13 USD in Iceland. The price of this product is 55.9% lower in Spain.
Water (1.5 liter bottle)
A 1.5 liter bottle of water costs 0.8 USD in Spain and 2.16 USD in Iceland. The price of this product is 63% lower in Spain.
Restaurant
Spain vs. Iceland - expenses on meals in restaurants. You would pay 1.93 times less for meals in restaurants in Spain than in Iceland.
Cappuccino (regular)
For a cappuccino in a restaurant, you'll pay 2.46 USD in Spain and 5.02 USD in Iceland. The price of this product is 51% lower in Spain.
Coke/Pepsi (0.33 liter bottle)
A 0.33 liter bottle of Coca-Cola or Pepsi costs 2.73 USD in Spain and 2.77 USD in Iceland. The price of this product is 1.4% lower in Spain.
Domestic Beer (0.5 liter draught)
Domestic beer with a capacity of 0.5 liters costs 4.04 USD in Spain and 10.43 USD in Iceland. The price of this product is 61.3% lower in Spain.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 4.04 USD in Spain and 8.82 USD in Iceland. The price of this product is 54.2% lower in Spain.
McMeal at McDonalds (or Equivalent Combo Meal)
A McMeal or similar meal at McDonald's costs 9.24 USD in Spain and 16.04 USD in Iceland. The price of this product is 42.4% lower in Spain.
Meal for 2 People, Mid-range Restaurant, Three-course
A three-course meal for two people at a mid-range restaurant costs 57.75 USD in Spain and 120.34 USD in Iceland. The price of this product is 52% lower in Spain.
Meal, Inexpensive Restaurant
A meal at an inexpensive restaurant costs 13.86 USD in Spain and 20.06 USD in Iceland. The price of this product is 30.9% lower in Spain.
Water (0.33 liter bottle)
A 0.33 liter bottle of water costs 1.89 USD in Spain and 2.15 USD in Iceland. The price of this product is 12.1% lower in Spain.
Fuel
Spain vs. Iceland - expenses related to fuel. You would pay 1.46 times less for fuel in Spain than in Iceland.
Diesel 1L
A liter of diesel costs 1.5 USD in Spain and 2.3 USD in Iceland. The price of this product is 34.8% lower in Spain.
Gasoline 1L
A liter of gasoline costs 1.62 USD in Spain and 2.27 USD in Iceland. The price of this product is 28.6% lower in Spain.
LPG 1L
Transportation
Spain vs. Iceland - costs of transportation and public communication. You would pay 1.58 times less for transportation in Spain than in Iceland.
Monthly Pass (Regular Price)
The monthly ticket price for public transportation is 63.06 USD in Spain and 72.2 USD in Iceland. The price of this product is 12.7% lower in Spain.
One-way Ticket (Local Transport)
The one-way ticket price for local transportation is 1.73 USD in Spain and 4.41 USD in Iceland. The price of this product is 60.8% lower in Spain.
Taxi 1hour Waiting (Normal Tariff)
The cost of a one-hour taxi stand/wait is 25.41 USD in Spain and 65.54 USD in Iceland. The price of this product is 61.2% lower in Spain.
Taxi 1km (Normal Tariff)
The fare for each kilometer traveled is 1.27 USD in Spain and 3.32 USD in Iceland. The price of this product is 61.7% lower in Spain.
Taxi Start (Normal Tariff)
The initial fare during a taxi ride is 4.04 USD in Spain and 5.86 USD in Iceland. The price of this product is 31.1% lower in Spain.
Sports & entertainment
Spain vs. Iceland - costs related to entertainment and sports.
Cinema, International Release, 1 Seat
The ticket price for a foreign film in the cinema is 10.39 USD in Spain and 14.84 USD in Iceland. The price of this product is 30% lower in Spain.
Fitness Club, Monthly Fee for 1 Adult
The monthly fee for entry to the fitness club is 47.83 USD in Spain and 72.21 USD in Iceland. The price of this product is 33.8% lower in Spain.
Tennis Court Rent (1 Hour on Weekend)
The cost of renting a tennis court for one hour on the weekend is 14.48 USD in Spain and 49.61 USD in Iceland. The price of this product is 70.8% lower in Spain.
Flats for rent
Spain vs. Iceland - costs of renting an apartment. You would pay about 1.41 times less for renting an apartment in Spain 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 1166 USD in Spain and 1743 USD in Iceland. The price of this product is 33.1% lower in Spain.
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 913.77 USD in Spain and 1477 USD in Iceland. The price of this product is 38.1% lower in Spain.
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 2020 USD in Spain and 2524 USD in Iceland. The price of this product is 20% lower in Spain.
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 1465 USD in Spain and 2101 USD in Iceland. The price of this product is 30.3% lower in Spain.
Flats for sale
Spain vs. Iceland - costs of purchasing an apartment. You would pay 1.13 times less for buying an apartment in Spain 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 6218 USD in Spain and 6737 USD in Iceland. The price of this product is 7.7% lower in Spain.
Price per Square Meter to Buy Apartment Outside of Centre
For one square meter of an apartment outside the city center, you will pay 4108 USD in Spain and 4916 USD in Iceland. The price of this product is 16.4% lower in Spain.
Salary
Spain vs. Iceland - average salary. The average salary in Spain is 1.74 times lower than in Iceland.
Average Monthly Net Salary (After Tax)
The average monthly salary after taxes is 2297 USD in Spain and 4005 USD in Iceland. The average salary is 42.6% lower in Spain.
Hotels
Spain 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) • Spain: 20 cities, 1357 hotels • Iceland: 11 cities, 117 hotels