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  3. Cost of Living & Prices: Spain vs. Iceland

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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Country #1
Country #2
City
MadridMadrid
ReykjavíkReykjavík

Table of contents

Grocery

PLNEURUSDISK

Spain vs. Iceland - grocery purchase prices. You would pay on average 2.05 times less for grocery shopping in Spain than in Iceland.

Apples (1kg)

One kilogram of apples costs 9.7 PLN (2.67 USD) in Spain and 12.14 PLN (3.35 USD) in Iceland. The price of this product is 20.1% lower in Spain.

9.70 PLN
12.14 PLN

Banana (1kg)

1 kilogram of bananas costs 8.04 PLN (2.22 USD) in Spain and 9.17 PLN (2.53 USD) in Iceland. The price of this product is 12.3% lower in Spain.

8.04 PLN
9.17 PLN

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

One kilogram of beef or similar meat costs 62.13 PLN (17.13 USD) in Spain and 156.93 PLN (43.26 USD) in Iceland. The price of this product is 60.4% lower in Spain.

62.13 PLN
156.93 PLN

Bottle of Wine (Mid-Range)

A bottle of medium-grade wine costs 29.56 PLN (8.15 USD) in Spain and 89.22 PLN (24.6 USD) in Iceland. The price of this product is 66.9% lower in Spain.

29.56 PLN
89.22 PLN

Chicken Fillets (1kg)

One kilogram of chicken fillet costs 33.09 PLN (9.12 USD) in Spain and 89.11 PLN (24.57 USD) in Iceland. The price of this product is 62.9% lower in Spain.

33.09 PLN
89.11 PLN

Cigarettes 20 Pack (Marlboro)

A pack of 20 cigarettes costs 25.52 PLN (7.03 USD) in Spain and 50.56 PLN (13.94 USD) in Iceland. The price of this product is 49.5% lower in Spain.

25.52 PLN
50.56 PLN

Domestic Beer (0.5 liter bottle)

Domestic beer in a 0.5 liter bottle costs 5.15 PLN (1.42 USD) in Spain and 13.45 PLN (3.71 USD) in Iceland. The price of this product is 61.7% lower in Spain.

5.15 PLN
13.45 PLN

Eggs (regular) (12)

You will pay 12.63 PLN (3.48 USD) for 12 eggs in Spain and 23.56 PLN (6.5 USD) in Iceland. The price of this product is 46.4% lower in Spain.

12.63 PLN
23.56 PLN

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 8.34 PLN (2.3 USD) in Spain and 12.48 PLN (3.44 USD) in Iceland. The price of this product is 33.2% lower in Spain.

8.34 PLN
12.48 PLN

Johnnie Walker Red Label Whisky 0.7 Litre

59.78 PLN
-

Lettuce (1 head)

One head of lettuce costs 5.06 PLN (1.4 USD) in Spain and 11.51 PLN (3.17 USD) in Iceland. The price of this product is 56% lower in Spain.

5.06 PLN
11.51 PLN

Loaf of Fresh White Bread (500g)

One loaf of fresh white bread costs 6.25 PLN (1.72 USD) in Spain and 15.79 PLN (4.35 USD) in Iceland. The price of this product is 60.4% lower in Spain.

6.25 PLN
15.79 PLN

Local Cheese (1kg)

One kilogram of locally produced cheese costs 53.5 PLN (14.75 USD) in Spain and 67.58 PLN (18.63 USD) in Iceland. The price of this product is 20.8% lower in Spain.

53.50 PLN
67.58 PLN

Milk (regular), (1 liter)

One liter of milk costs 4.51 PLN (1.24 USD) in Spain and 7.1 PLN (1.96 USD) in Iceland. The price of this product is 36.5% lower in Spain.

4.51 PLN
7.10 PLN

Onion (1kg)

One kilogram of onions costs 7.82 PLN (2.16 USD) in Spain and 8.8 PLN (2.43 USD) in Iceland. The price of this product is 11.1% lower in Spain.

7.82 PLN
8.80 PLN

Oranges (1kg)

One kilogram of oranges costs 9.48 PLN (2.61 USD) in Spain and 11.3 PLN (3.12 USD) in Iceland. The price of this product is 16.1% lower in Spain.

9.48 PLN
11.30 PLN

Potato (1kg)

One kilogram of potatoes costs 7.65 PLN (2.11 USD) in Spain and 13.35 PLN (3.68 USD) in Iceland. The price of this product is 42.7% lower in Spain.

7.65 PLN
13.35 PLN

Rice (white), (1kg)

One kilogram of white rice costs 6.21 PLN (1.71 USD) in Spain and 13.5 PLN (3.72 USD) in Iceland. The price of this product is 54% lower in Spain.

6.21 PLN
13.50 PLN

Smirnoff Red Label Vodka 0.7 Litre

39.83 PLN
-

Tomato (1kg)

One kilogram of tomatoes costs 10.12 PLN (2.79 USD) in Spain and 18.52 PLN (5.11 USD) in Iceland. The price of this product is 45.4% lower in Spain.

10.12 PLN
18.52 PLN

Water (1.5 liter bottle)

A 1.5 liter bottle of water costs 3.57 PLN (0.98 USD) in Spain and 7.27 PLN (2.01 USD) in Iceland. The price of this product is 50.9% lower in Spain.

3.57 PLN
7.27 PLN

Restaurant

PLNEURUSDISK

Spain vs. Iceland - expenses on meals in restaurants. You would pay 2.01 times less for meals in restaurants in Spain than in Iceland.

Cappuccino (regular)

For a cappuccino in a restaurant, you'll pay 11.57 PLN (3.19 USD) in Spain and 22.62 PLN (6.24 USD) in Iceland. The price of this product is 48.9% lower in Spain.

11.57 PLN
22.62 PLN

Coke/Pepsi (0.33 liter bottle)

A 0.33 liter bottle of Coca-Cola or Pepsi costs 11.61 PLN (3.2 USD) in Spain and 12.1 PLN (3.34 USD) in Iceland. The price of this product is 4% lower in Spain.

11.61 PLN
12.10 PLN

Domestic Beer (0.5 liter draught)

Domestic beer with a capacity of 0.5 liters costs 14.88 PLN (4.1 USD) in Spain and 47.58 PLN (13.12 USD) in Iceland. The price of this product is 68.7% lower in Spain.

14.88 PLN
47.58 PLN

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 17.01 PLN (4.69 USD) in Spain and 41.64 PLN (11.48 USD) in Iceland. The price of this product is 59.1% lower in Spain.

17.01 PLN
41.64 PLN

McMeal at McDonalds (or Equivalent Combo Meal)

A McMeal or similar meal at McDonald's costs 42.53 PLN (11.72 USD) in Spain and 83.27 PLN (22.96 USD) in Iceland. The price of this product is 48.9% lower in Spain.

42.53 PLN
83.27 PLN

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

A three-course meal for two people at a mid-range restaurant costs 255.16 PLN (70.34 USD) in Spain and 535.32 PLN (147.58 USD) in Iceland. The price of this product is 52.3% lower in Spain.

255.16 PLN
535.32 PLN

Meal, Inexpensive Restaurant

A meal at an inexpensive restaurant costs 63.79 PLN (17.59 USD) in Spain and 99.63 PLN (27.47 USD) in Iceland. The price of this product is 36% lower in Spain.

63.79 PLN
99.63 PLN

Water (0.33 liter bottle)

A 0.33 liter bottle of water costs 7.87 PLN (2.17 USD) in Spain and 9.68 PLN (2.67 USD) in Iceland. The price of this product is 18.7% lower in Spain.

7.87 PLN
9.68 PLN

Fuel

PLNEURUSDISK

Spain vs. Iceland - expenses related to fuel. You would pay 1.52 times less for fuel in Spain than in Iceland.

Diesel 1L

A liter of diesel costs 6.04 PLN (1.66 USD) in Spain and 9.63 PLN (2.65 USD) in Iceland. The price of this product is 37.3% lower in Spain.

6.04 PLN
9.63 PLN

Gasoline 1L

A liter of gasoline costs 6.36 PLN (1.75 USD) in Spain and 9.18 PLN (2.53 USD) in Iceland. The price of this product is 30.7% lower in Spain.

6.36 PLN
9.18 PLN

LPG 1L

4.00 PLN
-

Transportation

PLNEURUSDISK

Spain vs. Iceland - costs of transportation and public communication. You would pay 2.21 times less for transportation in Spain than in Iceland.

Monthly Pass (Regular Price)

The monthly ticket price for public transportation is 180.74 PLN (49.83 USD) in Spain and 321.19 PLN (88.55 USD) in Iceland. The price of this product is 43.7% lower in Spain.

180.74 PLN
321.19 PLN

One-way Ticket (Local Transport)

The one-way ticket price for local transportation is 6.38 PLN (1.76 USD) in Spain and 19.33 PLN (5.33 USD) in Iceland. The price of this product is 67% lower in Spain.

6.38 PLN
19.33 PLN

Taxi 1hour Waiting (Normal Tariff)

The cost of a one-hour taxi stand/wait is 106.32 PLN (29.31 USD) in Spain and 318.52 PLN (87.81 USD) in Iceland. The price of this product is 66.6% lower in Spain.

106.32 PLN
318.52 PLN

Taxi 1km (Normal Tariff)

The fare for each kilometer traveled is 5.53 PLN (1.52 USD) in Spain and 9.64 PLN (2.66 USD) in Iceland. The price of this product is 42.6% lower in Spain.

5.53 PLN
9.64 PLN

Taxi Start (Normal Tariff)

The initial fare during a taxi ride is 14.88 PLN (4.1 USD) in Spain and 23.49 PLN (6.48 USD) in Iceland. The price of this product is 36.7% lower in Spain.

14.88 PLN
23.49 PLN

Sports & entertainment

PLNEURUSDISK

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 42.53 PLN (11.72 USD) in Spain and 65.13 PLN (17.96 USD) in Iceland. The price of this product is 34.7% lower in Spain.

42.53 PLN
65.13 PLN

Fitness Club, Monthly Fee for 1 Adult

The monthly fee for entry to the fitness club is 194.86 PLN (53.72 USD) in Spain and 307.13 PLN (84.67 USD) in Iceland. The price of this product is 36.6% lower in Spain.

194.86 PLN
307.13 PLN

Tennis Court Rent (1 Hour on Weekend)

The cost of renting a tennis court for one hour on the weekend is 65.19 PLN (17.97 USD) in Spain and 168.03 PLN (46.32 USD) in Iceland. The price of this product is 61.2% lower in Spain.

65.19 PLN
168.03 PLN

Flats for rent

PLNEURUSDISK

Spain vs. Iceland - costs of renting an apartment. You would pay about 1.34 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 6005 PLN (1655.45 USD) in Spain and 8193 PLN (2258.56 USD) in Iceland. The price of this product is 26.7% lower in Spain.

6 005 PLN
8 193 PLN

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 4169 PLN (1149.28 USD) in Spain and 7509 PLN (2070.18 USD) in Iceland. The price of this product is 44.5% lower in Spain.

4 169 PLN
7 509 PLN

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 10765 PLN (2967.54 USD) in Spain and 11764 PLN (3242.94 USD) in Iceland. The price of this product is 8.5% lower in Spain.

10 765 PLN
11 764 PLN

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 7113 PLN (1960.97 USD) in Spain and 10150 PLN (2798.01 USD) in Iceland. The price of this product is 29.9% lower in Spain.

7 113 PLN
10 150 PLN

Flats for sale

PLNEURUSDISK

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 28991 PLN (7992.14 USD) in Spain and 28228 PLN (7781.97 USD) in Iceland. The price of this product is 2.6% lower in Iceland.

28 991 PLN
28 228 PLN

Price per Square Meter to Buy Apartment Outside of Centre

For one square meter of an apartment outside the city center, you will pay 17699 PLN (4879.29 USD) in Spain and 23870 PLN (6580.5 USD) in Iceland. The price of this product is 25.9% lower in Spain.

17 699 PLN
23 870 PLN

Salary

PLNEURUSDISK

Spain vs. Iceland - average salary. The average salary in Spain is 1.72 times lower than in Iceland.

Average Monthly Net Salary (After Tax)

The average monthly salary after taxes is 9079 PLN (2502.78 USD) in Spain and 15591 PLN (4298.14 USD) in Iceland. The average salary is 41.8% lower in Spain.

9 079 PLN
15 591 PLN

Hotels

PLNEURUSDISK

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

One star

393 PLN
-

Two stars

445 PLN
625 PLN

Three stars

624 PLN
831 PLN

Four stars

789 PLN
1 330 PLN

Five stars

1 654 PLN
-

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

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