Cost of Living & Prices:
Iceland vs. United States
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.
Iceland
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Reykjavík
New York, NYTable of contents
Grocery
Iceland vs. United States - grocery purchase prices. You would pay on average 1.16 times less for grocery shopping in Iceland than in the United States.
Apples (1kg)
One kilogram of apples costs 12.83 PLN (3.27 USD) in Iceland and 22.94 PLN (5.84 USD) in the United States. The price of this product is 44.1% lower in Iceland.
Banana (1kg)
1 kilogram of bananas costs 8.07 PLN (2.05 USD) in Iceland and 9.39 PLN (2.39 USD) in the United States. The price of this product is 14.1% lower in Iceland.
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
One kilogram of beef or similar meat costs 99.47 PLN (25.32 USD) in Iceland and 82.47 PLN (20.99 USD) in the United States. The price of this product is 17.1% lower in the United States.
Bottle of Wine (Mid-Range)
A bottle of medium-grade wine costs 76.64 PLN (19.51 USD) in Iceland and 70.72 PLN (18 USD) in the United States. The price of this product is 7.7% lower in the United States.
Chicken Fillets (1kg)
One kilogram of chicken fillet costs 68.73 PLN (17.49 USD) in Iceland and 68.44 PLN (17.42 USD) in the United States. The price of this product is 0.4% lower in the United States.
Cigarettes 20 Pack (Marlboro)
A pack of 20 cigarettes costs 45.43 PLN (11.56 USD) in Iceland and 62.86 PLN (16 USD) in the United States. The price of this product is 27.7% lower in Iceland.
Domestic Beer (0.5 liter bottle)
Domestic beer in a 0.5 liter bottle costs 11.89 PLN (3.03 USD) in Iceland and 12.61 PLN (3.21 USD) in the United States. The price of this product is 5.7% lower in Iceland.
Eggs (regular) (12)
You will pay 21.56 PLN (5.49 USD) for 12 eggs in Iceland and 18.62 PLN (4.74 USD) in the United States. The price of this product is 13.6% lower in the United States.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 9.89 PLN (2.52 USD) in Iceland and 15.44 PLN (3.93 USD) in the United States. The price of this product is 35.9% lower in Iceland.
Johnnie Walker Red Label Whisky 0.7 Litre
Lettuce (1 head)
One head of lettuce costs 10.68 PLN (2.72 USD) in Iceland and 11.16 PLN (2.84 USD) in the United States. The price of this product is 4.3% lower in Iceland.
Loaf of Fresh White Bread (500g)
One loaf of fresh white bread costs 12.76 PLN (3.25 USD) in Iceland and 16.78 PLN (4.27 USD) in the United States. The price of this product is 24% lower in Iceland.
Local Cheese (1kg)
One kilogram of locally produced cheese costs 55.87 PLN (14.22 USD) in Iceland and 65.65 PLN (16.71 USD) in the United States. The price of this product is 14.9% lower in Iceland.
Milk (regular), (1 liter)
One liter of milk costs 6.02 PLN (1.53 USD) in Iceland and 4.91 PLN (1.25 USD) in the United States. The price of this product is 18.4% lower in the United States.
Onion (1kg)
One kilogram of onions costs 5.33 PLN (1.36 USD) in Iceland and 15.32 PLN (3.9 USD) in the United States. The price of this product is 65.2% lower in Iceland.
Oranges (1kg)
One kilogram of oranges costs 9.79 PLN (2.49 USD) in Iceland and 20.94 PLN (5.33 USD) in the United States. The price of this product is 53.2% lower in Iceland.
Potato (1kg)
One kilogram of potatoes costs 10.57 PLN (2.69 USD) in Iceland and 16.74 PLN (4.26 USD) in the United States. The price of this product is 36.9% lower in Iceland.
Rice (white), (1kg)
One kilogram of white rice costs 12.08 PLN (3.07 USD) in Iceland and 32.3 PLN (8.22 USD) in the United States. The price of this product is 62.6% lower in Iceland.
Smirnoff Red Label Vodka 0.7 Litre
Tomato (1kg)
One kilogram of tomatoes costs 18.16 PLN (4.62 USD) in Iceland and 24.56 PLN (6.25 USD) in the United States. The price of this product is 26.1% lower in Iceland.
Water (1.5 liter bottle)
A 1.5 liter bottle of water costs 7.65 PLN (1.95 USD) in Iceland and 9.82 PLN (2.5 USD) in the United States. The price of this product is 22.1% lower in Iceland.
Restaurant
Iceland vs. United States - expenses on meals in restaurants. You would pay 1.01 times more for meals in restaurants in Iceland than in the United States.
Cappuccino (regular)
For a cappuccino in a restaurant, you'll pay 17.75 PLN (4.52 USD) in Iceland and 20.51 PLN (5.22 USD) in the United States. The price of this product is 13.5% lower in Iceland.
Coke/Pepsi (0.33 liter bottle)
A 0.33 liter bottle of Coca-Cola or Pepsi costs 9.79 PLN (2.49 USD) in Iceland and 11 PLN (2.8 USD) in the United States. The price of this product is 11% lower in Iceland.
Domestic Beer (0.5 liter draught)
Domestic beer with a capacity of 0.5 liters costs 36.91 PLN (9.39 USD) in Iceland and 31.43 PLN (8 USD) in the United States. The price of this product is 14.8% lower in the United States.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 31.23 PLN (7.95 USD) in Iceland and 39.29 PLN (10 USD) in the United States. The price of this product is 20.5% lower in Iceland.
McMeal at McDonalds (or Equivalent Combo Meal)
A McMeal or similar meal at McDonald's costs 56.78 PLN (14.45 USD) in Iceland and 47.15 PLN (12 USD) in the United States. The price of this product is 17% lower in the United States.
Meal for 2 People, Mid-range Restaurant, Three-course
A three-course meal for two people at a mid-range restaurant costs 425.88 PLN (108.4 USD) in Iceland and 392.89 PLN (100 USD) in the United States. The price of this product is 7.7% lower in the United States.
Meal, Inexpensive Restaurant
A meal at an inexpensive restaurant costs 70.98 PLN (18.07 USD) in Iceland and 98.22 PLN (25 USD) in the United States. The price of this product is 27.7% lower in Iceland.
Water (0.33 liter bottle)
A 0.33 liter bottle of water costs 7.6 PLN (1.94 USD) in Iceland and 8.64 PLN (2.2 USD) in the United States. The price of this product is 12% lower in Iceland.
Fuel
Iceland vs. United States - expenses related to fuel. You would pay 2.29 times more for fuel in Iceland than in the United States.
Diesel 1L
A liter of diesel costs 9.13 PLN (2.32 USD) in Iceland and 4.26 PLN (1.09 USD) in the United States. The price of this product is 53.3% lower in the United States.
Gasoline 1L
A liter of gasoline costs 8.93 PLN (2.27 USD) in Iceland and 3.62 PLN (0.92 USD) in the United States. The price of this product is 59.5% lower in the United States.
Transportation
Iceland vs. United States - costs of transportation and public communication. You would pay 1.23 times less for transportation in Iceland than in the United States.
Monthly Pass (Regular Price)
The monthly ticket price for public transportation is 255.53 PLN (65.04 USD) in Iceland and 506.83 PLN (129 USD) in the United States. The price of this product is 49.6% lower in Iceland.
One-way Ticket (Local Transport)
The one-way ticket price for local transportation is 15.62 PLN (3.97 USD) in Iceland and 10.8 PLN (2.75 USD) in the United States. The price of this product is 30.9% lower in the United States.
Taxi 1hour Waiting (Normal Tariff)
The cost of a one-hour taxi stand/wait is 231.96 PLN (59.04 USD) in Iceland and 117.87 PLN (30 USD) in the United States. The price of this product is 49.2% lower in the United States.
Taxi 1km (Normal Tariff)
The fare for each kilometer traveled is 11.75 PLN (2.99 USD) in Iceland and 7.31 PLN (1.86 USD) in the United States. The price of this product is 37.8% lower in the United States.
Taxi Start (Normal Tariff)
The initial fare during a taxi ride is 20.73 PLN (5.28 USD) in Iceland and 17.68 PLN (4.5 USD) in the United States. The price of this product is 14.7% lower in the United States.
Sports & entertainment
Iceland vs. United States - costs related to entertainment and sports.
Cinema, International Release, 1 Seat
The ticket price for a foreign film in the cinema is 52.53 PLN (13.37 USD) in Iceland and 70.72 PLN (18 USD) in the United States. The price of this product is 25.7% lower in Iceland.
Fitness Club, Monthly Fee for 1 Adult
The monthly fee for entry to the fitness club is 255.56 PLN (65.05 USD) in Iceland and 386.05 PLN (98.26 USD) in the United States. The price of this product is 33.8% lower in Iceland.
Tennis Court Rent (1 Hour on Weekend)
The cost of renting a tennis court for one hour on the weekend is 175.56 PLN (44.68 USD) in Iceland and 149.3 PLN (38 USD) in the United States. The price of this product is 15% lower in the United States.
Flats for rent
Iceland vs. United States - costs of renting an apartment. You would pay about 2.46 times less for renting an apartment in Iceland than in the United States.
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 6169 PLN (1570.18 USD) in Iceland and 14932 PLN (3800.48 USD) in the United States. The price of this product is 58.7% lower in Iceland.
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 5225 PLN (1330 USD) in Iceland and 9351 PLN (2380.18 USD) in the United States. The price of this product is 44.1% lower in Iceland.
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 8934 PLN (2273.93 USD) in Iceland and 27872 PLN (7094.09 USD) in the United States. The price of this product is 67.9% lower in Iceland.
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 7435 PLN (1892.27 USD) in Iceland and 16138 PLN (4107.47 USD) in the United States. The price of this product is 53.9% lower in Iceland.
Flats for sale
Iceland vs. United States - costs of purchasing an apartment. You would pay 2.24 times less for buying an apartment in Iceland than in the United States.
Price per Square Meter to Buy Apartment in City Centre
For one square meter of an apartment in the city center you will pay 23844 PLN (6068.93 USD) in Iceland and 56096 PLN (14277.9 USD) in the United States. The price of this product is 57.5% lower in Iceland.
Price per Square Meter to Buy Apartment Outside of Centre
For one square meter of an apartment outside the city center, you will pay 17398 PLN (4428.12 USD) in Iceland and 36441 PLN (9275.19 USD) in the United States. The price of this product is 52.3% lower in Iceland.
Salary
Iceland vs. United States - average salary. The average salary in Iceland is 1.66 times lower than in the United States.
Average Monthly Net Salary (After Tax)
The average monthly salary after taxes is 14175 PLN (3607.84 USD) in Iceland and 23562 PLN (5996.99 USD) in the United States. The average salary is 39.8% lower in Iceland.
Hotels
Iceland vs. United States - 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 May 2024 (1 night stay for 2 people on 29 May 2024) • Iceland: 20 cities, 257 hotels • United States: 20 cities, 3791 hotels