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 times less for grocery shopping in Spain than in Iceland.
Apples (1kg)
One kilogram of apples costs 2.16 EUR (2.36 USD) in Spain and 3.12 EUR (3.41 USD) in Iceland. The price of this product is 30.8% lower in Spain.
Banana (1kg)
1 kilogram of bananas costs 1.89 EUR (2.06 USD) in Spain and 1.96 EUR (2.14 USD) in Iceland. The price of this product is 3.6% lower in Spain.
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
One kilogram of beef or similar meat costs 12.21 EUR (13.33 USD) in Spain and 24.17 EUR (26.4 USD) in Iceland. The price of this product is 49.5% lower in Spain.
Bottle of Wine (Mid-Range)
A bottle of medium-grade wine costs 5.6 EUR (6.12 USD) in Spain and 18.63 EUR (20.34 USD) in Iceland. The price of this product is 69.9% lower in Spain.
Chicken Fillets (1kg)
One kilogram of chicken fillet costs 7.4 EUR (8.08 USD) in Spain and 16.7 EUR (18.24 USD) in Iceland. The price of this product is 55.7% lower in Spain.
Cigarettes 20 Pack (Marlboro)
A pack of 20 cigarettes costs 5.1 EUR (5.57 USD) in Spain and 11.04 EUR (12.06 USD) in Iceland. The price of this product is 53.8% lower in Spain.
Domestic Beer (0.5 liter bottle)
Domestic beer in a 0.5 liter bottle costs 0.99 EUR (1.08 USD) in Spain and 2.89 EUR (3.15 USD) in Iceland. The price of this product is 65.7% lower in Spain.
Eggs (regular) (12)
You will pay 2.38 EUR (2.6 USD) for 12 eggs in Spain and 5.24 EUR (5.72 USD) in Iceland. The price of this product is 54.6% lower in Spain.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 1.52 EUR (1.66 USD) in Spain and 2.4 EUR (2.62 USD) in Iceland. The price of this product is 36.7% lower in Spain.
Johnnie Walker Red Label Whisky 0.7 Litre
Lettuce (1 head)
One head of lettuce costs 1.06 EUR (1.16 USD) in Spain and 2.6 EUR (2.83 USD) in Iceland. The price of this product is 59.2% lower in Spain.
Loaf of Fresh White Bread (500g)
One loaf of fresh white bread costs 1.15 EUR (1.26 USD) in Spain and 3.1 EUR (3.39 USD) in Iceland. The price of this product is 62.9% lower in Spain.
Local Cheese (1kg)
One kilogram of locally produced cheese costs 10.63 EUR (11.61 USD) in Spain and 13.58 EUR (14.83 USD) in Iceland. The price of this product is 21.7% lower in Spain.
Milk (regular), (1 liter)
One liter of milk costs 0.9 EUR (0.98 USD) in Spain and 1.46 EUR (1.6 USD) in Iceland. The price of this product is 38.4% lower in Spain.
Onion (1kg)
One kilogram of onions costs 1.35 EUR (1.47 USD) in Spain and 1.29 EUR (1.41 USD) in Iceland. The price of this product is 4.4% lower in Iceland.
Oranges (1kg)
One kilogram of oranges costs 1.77 EUR (1.93 USD) in Spain and 2.38 EUR (2.6 USD) in Iceland. The price of this product is 25.6% lower in Spain.
Potato (1kg)
One kilogram of potatoes costs 1.27 EUR (1.39 USD) in Spain and 2.57 EUR (2.81 USD) in Iceland. The price of this product is 50.6% lower in Spain.
Rice (white), (1kg)
One kilogram of white rice costs 1.25 EUR (1.37 USD) in Spain and 2.94 EUR (3.21 USD) in Iceland. The price of this product is 57.5% lower in Spain.
Smirnoff Red Label Vodka 0.7 Litre
Tomato (1kg)
One kilogram of tomatoes costs 1.96 EUR (2.14 USD) in Spain and 4.41 EUR (4.82 USD) in Iceland. The price of this product is 55.6% lower in Spain.
Water (1.5 liter bottle)
A 1.5 liter bottle of water costs 0.69 EUR (0.75 USD) in Spain and 1.86 EUR (2.03 USD) in Iceland. The price of this product is 62.9% lower in Spain.
Restaurant
Spain vs. Iceland - expenses on meals in restaurants. You would pay 1.92 times less for meals in restaurants in Spain than in Iceland.
Cappuccino (regular)
For a cappuccino in a restaurant, you'll pay 2.13 EUR (2.33 USD) in Spain and 4.31 EUR (4.71 USD) in Iceland. The price of this product is 50.6% lower in Spain.
Coke/Pepsi (0.33 liter bottle)
A 0.33 liter bottle of Coca-Cola or Pepsi costs 2.36 EUR (2.58 USD) in Spain and 2.38 EUR (2.6 USD) in Iceland. The price of this product is 0.8% lower in Spain.
Domestic Beer (0.5 liter draught)
Domestic beer with a capacity of 0.5 liters costs 3.5 EUR (3.82 USD) in Spain and 8.97 EUR (9.8 USD) in Iceland. The price of this product is 61% lower in Spain.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 3.5 EUR (3.82 USD) in Spain and 7.59 EUR (8.29 USD) in Iceland. The price of this product is 53.9% lower in Spain.
McMeal at McDonalds (or Equivalent Combo Meal)
A McMeal or similar meal at McDonald's costs 8 EUR (8.74 USD) in Spain and 13.8 EUR (15.07 USD) in Iceland. The price of this product is 42% 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 50 EUR (54.6 USD) in Spain and 103.5 EUR (113.02 USD) in Iceland. The price of this product is 51.7% lower in Spain.
Meal, Inexpensive Restaurant
A meal at an inexpensive restaurant costs 12 EUR (13.1 USD) in Spain and 17.25 EUR (18.84 USD) in Iceland. The price of this product is 30.4% lower in Spain.
Water (0.33 liter bottle)
A 0.33 liter bottle of water costs 1.64 EUR (1.79 USD) in Spain and 1.85 EUR (2.02 USD) in Iceland. The price of this product is 11.4% 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 1.38 EUR (1.5 USD) in Spain and 2.1 EUR (2.3 USD) in Iceland. The price of this product is 34.3% lower in Spain.
Gasoline 1L
A liter of gasoline costs 1.49 EUR (1.62 USD) in Spain and 2.08 EUR (2.27 USD) in Iceland. The price of this product is 28.4% lower in Spain.
LPG 1L
Transportation
Spain vs. Iceland - costs of transportation and public communication. You would pay 1.57 times less for transportation in Spain than in Iceland.
Monthly Pass (Regular Price)
The monthly ticket price for public transportation is 54.6 EUR (59.62 USD) in Spain and 62.1 EUR (67.81 USD) in Iceland. The price of this product is 12.1% lower in Spain.
One-way Ticket (Local Transport)
The one-way ticket price for local transportation is 1.5 EUR (1.64 USD) in Spain and 3.79 EUR (4.14 USD) in Iceland. The price of this product is 60.4% lower in Spain.
Taxi 1hour Waiting (Normal Tariff)
The cost of a one-hour taxi stand/wait is 22 EUR (24.02 USD) in Spain and 56.37 EUR (61.56 USD) in Iceland. The price of this product is 61% lower in Spain.
Taxi 1km (Normal Tariff)
The fare for each kilometer traveled is 1.1 EUR (1.2 USD) in Spain and 2.86 EUR (3.12 USD) in Iceland. The price of this product is 61.5% lower in Spain.
Taxi Start (Normal Tariff)
The initial fare during a taxi ride is 3.5 EUR (3.82 USD) in Spain and 5.04 EUR (5.5 USD) in Iceland. The price of this product is 30.6% 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 9 EUR (9.83 USD) in Spain and 12.76 EUR (13.94 USD) in Iceland. The price of this product is 29.5% lower in Spain.
Fitness Club, Monthly Fee for 1 Adult
The monthly fee for entry to the fitness club is 41.41 EUR (45.22 USD) in Spain and 62.11 EUR (67.82 USD) in Iceland. The price of this product is 33.3% lower in Spain.
Tennis Court Rent (1 Hour on Weekend)
The cost of renting a tennis court for one hour on the weekend is 12.54 EUR (13.69 USD) in Spain and 42.66 EUR (46.59 USD) in Iceland. The price of this product is 70.6% lower in Spain.
Flats for rent
Spain vs. Iceland - costs of renting an apartment. You would pay about 1.4 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 1009 EUR (1102.18 USD) in Spain and 1499 EUR (1637.14 USD) in Iceland. The price of this product is 32.7% 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 791.18 EUR (863.98 USD) in Spain and 1270 EUR (1386.72 USD) in Iceland. The price of this product is 37.7% 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 1749 EUR (1910.18 USD) in Spain and 2171 EUR (2370.91 USD) in Iceland. The price of this product is 19.4% 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 1268 EUR (1384.73 USD) in Spain and 1807 EUR (1972.97 USD) in Iceland. The price of this product is 29.8% lower in Spain.
Flats for sale
Spain vs. Iceland - costs of purchasing an apartment. You would pay 1.12 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 5383 EUR (5878.86 USD) in Spain and 5795 EUR (6327.74 USD) in Iceland. The price of this product is 7.1% 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 3557 EUR (3884.05 USD) in Spain and 4228 EUR (4616.96 USD) in Iceland. The price of this product is 15.9% lower in Spain.
Salary
Spain vs. Iceland - average salary. The average salary in Spain is 1.73 times lower than in Iceland.
Average Monthly Net Salary (After Tax)
The average monthly salary after taxes is 1989 EUR (2171.51 USD) in Spain and 3445 EUR (3761.7 USD) in Iceland. The average salary is 42.3% 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