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Cost of Living & Prices:
United States 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 #2

Grocery

USDISKEUR

United States vs. Iceland - grocery purchase prices. You would pay on average 1.12 times less for grocery shopping in the United States than in Iceland.

Apples (1kg)

One kilogram of apples costs 7.41 USD in the United States and 3.33 USD in Iceland. The price of this product is 55.1% lower in Iceland.

7.41 USD
3.33 USD

Banana (1kg)

1 kilogram of bananas costs 2.52 USD in the United States and 2.52 USD in Iceland. The price of this product is 0% lower in Iceland.

2.52 USD
2.52 USD

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

One kilogram of beef or similar meat costs 19.94 USD in the United States and 43.09 USD in Iceland. The price of this product is 53.7% lower in the United States.

19.94 USD
43.09 USD

Bottle of Wine (Mid-Range)

A bottle of medium-grade wine costs 18 USD in the United States and 24.5 USD in Iceland. The price of this product is 26.5% lower in the United States.

18.00 USD
24.50 USD

Chicken Fillets (1kg)

One kilogram of chicken fillet costs 16.08 USD in the United States and 24.47 USD in Iceland. The price of this product is 34.3% lower in the United States.

16.08 USD
24.47 USD

Cigarettes 20 Pack (Marlboro)

A pack of 20 cigarettes costs 19 USD in the United States and 13.88 USD in Iceland. The price of this product is 26.9% lower in Iceland.

19.00 USD
13.88 USD

Domestic Beer (0.5 liter bottle)

Domestic beer in a 0.5 liter bottle costs 3.34 USD in the United States and 3.69 USD in Iceland. The price of this product is 9.5% lower in the United States.

3.34 USD
3.69 USD

Eggs (regular) (12)

You will pay 7.19 USD for 12 eggs in the United States and 6.47 USD in Iceland. The price of this product is 10% lower in Iceland.

7.19 USD
6.47 USD

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 3.81 USD in the United States and 3.43 USD in Iceland. The price of this product is 10% lower in Iceland.

3.81 USD
3.43 USD

Johnnie Walker Red Label Whisky 0.7 Litre

24.99 USD
-

Lettuce (1 head)

One head of lettuce costs 2.94 USD in the United States and 3.16 USD in Iceland. The price of this product is 7% lower in the United States.

2.94 USD
3.16 USD

Loaf of Fresh White Bread (500g)

One loaf of fresh white bread costs 5.01 USD in the United States and 4.33 USD in Iceland. The price of this product is 13.6% lower in Iceland.

5.01 USD
4.33 USD

Local Cheese (1kg)

One kilogram of locally produced cheese costs 17.16 USD in the United States and 18.56 USD in Iceland. The price of this product is 7.5% lower in the United States.

17.16 USD
18.56 USD

Milk (regular), (1 liter)

One liter of milk costs 1.59 USD in the United States and 1.95 USD in Iceland. The price of this product is 18.5% lower in the United States.

1.59 USD
1.95 USD

Onion (1kg)

One kilogram of onions costs 4.01 USD in the United States and 2.42 USD in Iceland. The price of this product is 39.7% lower in Iceland.

4.01 USD
2.42 USD

Oranges (1kg)

One kilogram of oranges costs 5.72 USD in the United States and 3.1 USD in Iceland. The price of this product is 45.8% lower in Iceland.

5.72 USD
3.10 USD

Potato (1kg)

One kilogram of potatoes costs 3.74 USD in the United States and 3.67 USD in Iceland. The price of this product is 1.9% lower in Iceland.

3.74 USD
3.67 USD

Rice (white), (1kg)

One kilogram of white rice costs 8.27 USD in the United States and 3.71 USD in Iceland. The price of this product is 55.1% lower in Iceland.

8.27 USD
3.71 USD

Smirnoff Red Label Vodka 0.7 Litre

8.98 USD
-

Tomato (1kg)

One kilogram of tomatoes costs 6.37 USD in the United States and 5.09 USD in Iceland. The price of this product is 20.1% lower in Iceland.

6.37 USD
5.09 USD

Water (1.5 liter bottle)

A 1.5 liter bottle of water costs 2.49 USD in the United States and 2 USD in Iceland. The price of this product is 19.7% lower in Iceland.

2.49 USD
2.00 USD

Restaurant

USDISKEUR

United States vs. Iceland - expenses on meals in restaurants. You would pay 1.12 times less for meals in restaurants in the United States than in Iceland.

Cappuccino (regular)

For a cappuccino in a restaurant, you'll pay 5.86 USD in the United States and 6.21 USD in Iceland. The price of this product is 5.6% lower in the United States.

5.86 USD
6.21 USD

Coke/Pepsi (0.33 liter bottle)

A 0.33 liter bottle of Coca-Cola or Pepsi costs 3.3 USD in the United States and 3.32 USD in Iceland. The price of this product is 0.6% lower in the United States.

3.30 USD
3.32 USD

Domestic Beer (0.5 liter draught)

Domestic beer with a capacity of 0.5 liters costs 8 USD in the United States and 13.07 USD in Iceland. The price of this product is 38.8% lower in the United States.

8.00 USD
13.07 USD

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 12 USD in the United States and 11.43 USD in Iceland. The price of this product is 4.8% lower in Iceland.

12.00 USD
11.43 USD

McMeal at McDonalds (or Equivalent Combo Meal)

A McMeal or similar meal at McDonald's costs 12 USD in the United States and 22.87 USD in Iceland. The price of this product is 47.5% lower in the United States.

12.00 USD
22.87 USD

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

A three-course meal for two people at a mid-range restaurant costs 140 USD in the United States and 147 USD in Iceland. The price of this product is 4.8% lower in the United States.

140.00 USD
147.00 USD

Meal, Inexpensive Restaurant

A meal at an inexpensive restaurant costs 26 USD in the United States and 27.36 USD in Iceland. The price of this product is 5% lower in the United States.

26.00 USD
27.36 USD

Water (0.33 liter bottle)

A 0.33 liter bottle of water costs 2.55 USD in the United States and 2.66 USD in Iceland. The price of this product is 4.1% lower in the United States.

2.55 USD
2.66 USD

Fuel

USDISKEUR

United States vs. Iceland - expenses related to fuel. You would pay 2.7 times less for fuel in the United States than in Iceland.

Diesel 1L

A liter of diesel costs 0.99 USD in the United States and 2.65 USD in Iceland. The price of this product is 62.6% lower in the United States.

0.99 USD
2.65 USD

Gasoline 1L

A liter of gasoline costs 0.93 USD in the United States and 2.53 USD in Iceland. The price of this product is 63.2% lower in the United States.

0.93 USD
2.53 USD

Transportation

USDISKEUR

United States vs. Iceland - costs of transportation and public communication. You would pay 1.03 times less for transportation in the United States than in Iceland.

Monthly Pass (Regular Price)

The monthly ticket price for public transportation is 132 USD in the United States and 88.2 USD in Iceland. The price of this product is 33.2% lower in Iceland.

132.00 USD
88.20 USD

One-way Ticket (Local Transport)

The one-way ticket price for local transportation is 2.9 USD in the United States and 5.31 USD in Iceland. The price of this product is 45.4% lower in the United States.

2.90 USD
5.31 USD

Taxi 1hour Waiting (Normal Tariff)

The cost of a one-hour taxi stand/wait is 42 USD in the United States and 87.46 USD in Iceland. The price of this product is 52% lower in the United States.

42.00 USD
87.46 USD

Taxi 1km (Normal Tariff)

The fare for each kilometer traveled is 2.17 USD in the United States and 2.65 USD in Iceland. The price of this product is 18.1% lower in the United States.

2.17 USD
2.65 USD

Taxi Start (Normal Tariff)

The initial fare during a taxi ride is 4.99 USD in the United States and 6.45 USD in Iceland. The price of this product is 22.6% lower in the United States.

4.99 USD
6.45 USD

Sports & entertainment

USDISKEUR

United States vs. Iceland - costs related to entertainment and sports.

Cinema, International Release, 1 Seat

The ticket price for a foreign film in the cinema is 20 USD in the United States and 17.88 USD in Iceland. The price of this product is 10.6% lower in Iceland.

20.00 USD
17.88 USD

Fitness Club, Monthly Fee for 1 Adult

The monthly fee for entry to the fitness club is 157.77 USD in the United States and 84.34 USD in Iceland. The price of this product is 46.5% lower in Iceland.

157.77 USD
84.34 USD

Tennis Court Rent (1 Hour on Weekend)

The cost of renting a tennis court for one hour on the weekend is 65 USD in the United States and 46.14 USD in Iceland. The price of this product is 29% lower in Iceland.

65.00 USD
46.14 USD

Flats for rent

USDISKEUR

United States vs. Iceland - costs of renting an apartment. You would pay about 1.94 times more for renting an apartment in the United States 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 4058 USD in the United States and 2250 USD in Iceland. The price of this product is 44.6% lower in Iceland.

4 058 USD
2 250 USD

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 2543 USD in the United States and 2062 USD in Iceland. The price of this product is 18.9% lower in Iceland.

2 543 USD
2 062 USD

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 8221 USD in the United States and 3230 USD in Iceland. The price of this product is 60.7% lower in Iceland.

8 221 USD
3 230 USD

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 5227 USD in the United States and 2787 USD in Iceland. The price of this product is 46.7% lower in Iceland.

5 227 USD
2 787 USD

Flats for sale

USDISKEUR

United States vs. Iceland - costs of purchasing an apartment. You would pay 2.06 times more for buying an apartment in the United States 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 17355 USD in the United States and 7751 USD in Iceland. The price of this product is 55.3% lower in Iceland.

17 355 USD
7 751 USD

Price per Square Meter to Buy Apartment Outside of Centre

For one square meter of an apartment outside the city center, you will pay 12176 USD in the United States and 6555 USD in Iceland. The price of this product is 46.2% lower in Iceland.

12 176 USD
6 555 USD

Salary

USDISKEUR

United States vs. Iceland - average salary. The average salary in the United States is 1.2 times higher than in Iceland.

Average Monthly Net Salary (After Tax)

The average monthly salary after taxes is 5145 USD in the United States and 4281 USD in Iceland. The average salary is 16.8% lower in Iceland.

5 145 USD
4 281 USD

Hotels

USDISKEUR

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

One star

104 USD
-

Two stars

146 USD
172 USD

Three stars

195 USD
229 USD

Four stars

252 USD
367 USD

Five stars

601 USD
-

Average accommodation prices based on Expedia.com data • Update: 15 Dec 2024 (1 night stay for 2 people on 29 Dec 2024) • United States: 20 cities, 3762 hotels • Iceland: 11 cities, 117 hotels

Explore more about prices, cost of living and travel budget Prices in the United States Prices in Iceland

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