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.
United States
Afghanistan
Albania
Algeria
Andorra
Angola
Anguilla
Antarctica
Antigua and Barbuda
Argentina
Armenia
Aruba
Australia
Austria
Azerbaijan
The Bahamas
Bahrain
Bangladesh
Barbados
Belarus
Belgium
Belize
Benin
Bermuda
Bhutan
Bolivia
Bosnia and Herzegovina
Botswana
Brazil
British Indian Ocean Territory
British Virgin Islands
Brunei
Bulgaria
Burkina Faso
Myanmar (Burma)
Burundi
Cambodia
Cameroon
Canada
Cape Verde
Cayman Islands
Central African Republic
Chad
Chile
China
Christmas Island
Cocos Keeling Islands
Colombia
Comoros
Cook Islands
Costa Rica
Croatia
Cuba
Curaçao
Cyprus
Czech Republic
Democratic Republic of the Congo
Denmark
Djibouti
Dominica
Dominican Republic
Ecuador
Egypt
El Salvador
Equatorial Guinea
Eritrea
Estonia
Ethiopia
Falkland Islands
Faroe Islands
Fiji
Finland
France
French Guiana
French Polynesia
Gabon
The Gambia
Georgia
Germany
Ghana
Gibraltar
Greece
Greenland
Grenada
Guam
Guatemala
Guinea
Guinea Bissau
Guyana
Haiti
Honduras
Hungary
Iceland
India
Indonesia
Iran
Iraq
Ireland
Israel
Italy
Ivory Coast
Jamaica
Japan
Jordan
Kazakhstan
Kenya
Kiribati
Kosovo
Kuwait
Kyrgyzstan
Laos
Latvia
Lebanon
Lesotho
Liberia
Libya
Liechtenstein
Lithuania
Luxembourg
Madagascar
Malawi
Malaysia
Maldives
Mali
Malta
Marshall Islands
Mauritania
Mauritius
Mayotte
Mexico
Micronesia
Moldova
Monaco
Mongolia
Montenegro
Montserrat
Morocco
Mozambique
Namibia
Nauru
Nepal
Netherlands
New Caledonia
New Zealand
Nicaragua
Niger
Nigeria
Niue
Norfolk Island
North Korea
North Macedonia
Northern Mariana Islands
Norway
Oman
Pakistan
Palau
Panama
Papua New Guinea
Paraguay
Peru
Philippines
Pitcairn Island
Poland
Portugal
Puerto Rico
Qatar
Republic of the Congo
Reunion
Romania
Russia
Rwanda
Saint Barthelemy
Saint Helena
Saint Kitts and Nevis
Saint Lucia
Saint Martin
Saint Pierre and Miquelon
Saint Vincent and the Grenadines
Samoa
San Marino
Sao Tome and Principe
Saudi Arabia
Senegal
Serbia
Seychelles
Sierra Leone
Singapore
Slovakia
Slovenia
Solomon Islands
Somalia
South Africa
South Korea
South Sudan
Spain
Sri Lanka
Sudan
Suriname
Eswatini (Swaziland)
Sweden
Switzerland
Syria
Taiwan
Tajikistan
Tanzania
Thailand
Timor Leste
Togo
Tokelau
Tonga
Trinidad and Tobago
Tunisia
Turkey
Turkmenistan
Turks and Caicos Islands
Tuvalu
Uganda
Ukraine
United Arab Emirates
United Kingdom
Uruguay
US Virgin Islands
Uzbekistan
Vanuatu
Vatican
Venezuela
Vietnam
Wallis and Futuna
Western Sahara
Yemen
Zambia
Zimbabwe
New York, NY
ReykjavíkTable of contents
Grocery
United States vs. Iceland - grocery purchase prices. You would pay on average 1.16 times more for grocery shopping in the United States than in Iceland.
Apples (1kg)
One kilogram of apples costs 5.84 USD in the United States and 3.26 USD in Iceland. The price of this product is 44.2% lower in Iceland.
Banana (1kg)
1 kilogram of bananas costs 2.39 USD in the United States and 2.05 USD in Iceland. The price of this product is 14.2% lower in Iceland.
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
One kilogram of beef or similar meat costs 20.99 USD in the United States and 25.3 USD in Iceland. The price of this product is 17% lower in the United States.
Bottle of Wine (Mid-Range)
A bottle of medium-grade wine costs 18 USD in the United States and 19.49 USD in Iceland. The price of this product is 7.6% lower in the United States.
Chicken Fillets (1kg)
One kilogram of chicken fillet costs 17.42 USD in the United States and 17.48 USD in Iceland. The price of this product is 0.3% lower in the United States.
Cigarettes 20 Pack (Marlboro)
A pack of 20 cigarettes costs 16 USD in the United States and 11.55 USD in Iceland. The price of this product is 27.8% lower in Iceland.
Domestic Beer (0.5 liter bottle)
Domestic beer in a 0.5 liter bottle costs 3.21 USD in the United States and 3.02 USD in Iceland. The price of this product is 5.9% lower in Iceland.
Eggs (regular) (12)
You will pay 4.74 USD for 12 eggs in the United States and 5.48 USD in Iceland. The price of this product is 13.5% lower in the United States.
Imported Beer (0.33 liter bottle)
A 0.33 liter bottle of imported beer costs 3.93 USD in the United States and 2.51 USD in Iceland. The price of this product is 36.1% lower in Iceland.
Johnnie Walker Red Label Whisky 0.7 Litre
Lettuce (1 head)
One head of lettuce costs 2.84 USD in the United States and 2.72 USD in Iceland. The price of this product is 4.2% lower in Iceland.
Loaf of Fresh White Bread (500g)
One loaf of fresh white bread costs 4.27 USD in the United States and 3.25 USD in Iceland. The price of this product is 23.9% lower in Iceland.
Local Cheese (1kg)
One kilogram of locally produced cheese costs 16.71 USD in the United States and 14.21 USD in Iceland. The price of this product is 15% lower in Iceland.
Milk (regular), (1 liter)
One liter of milk costs 1.25 USD in the United States and 1.53 USD in Iceland. The price of this product is 18.3% lower in the United States.
Onion (1kg)
One kilogram of onions costs 3.9 USD in the United States and 1.35 USD in Iceland. The price of this product is 65.4% lower in Iceland.
Oranges (1kg)
One kilogram of oranges costs 5.33 USD in the United States and 2.49 USD in Iceland. The price of this product is 53.3% lower in Iceland.
Potato (1kg)
One kilogram of potatoes costs 4.26 USD in the United States and 2.69 USD in Iceland. The price of this product is 36.9% lower in Iceland.
Rice (white), (1kg)
One kilogram of white rice costs 8.22 USD in the United States and 3.07 USD in Iceland. The price of this product is 62.7% lower in Iceland.
Smirnoff Red Label Vodka 0.7 Litre
Tomato (1kg)
One kilogram of tomatoes costs 6.25 USD in the United States and 4.62 USD in Iceland. The price of this product is 26.1% lower in Iceland.
Water (1.5 liter bottle)
A 1.5 liter bottle of water costs 2.5 USD in the United States and 1.95 USD in Iceland. The price of this product is 22% lower in Iceland.
Restaurant
United States vs. Iceland - expenses on meals in restaurants. You would pay 1.01 times less for meals in restaurants in the United States than in Iceland.
Cappuccino (regular)
For a cappuccino in a restaurant, you'll pay 5.22 USD in the United States and 4.51 USD in Iceland. The price of this product is 13.6% lower in Iceland.
Coke/Pepsi (0.33 liter bottle)
A 0.33 liter bottle of Coca-Cola or Pepsi costs 2.8 USD in the United States and 2.49 USD in Iceland. The price of this product is 11.1% lower in Iceland.
Domestic Beer (0.5 liter draught)
Domestic beer with a capacity of 0.5 liters costs 8 USD in the United States and 9.39 USD in Iceland. 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 10 USD in the United States and 7.94 USD in Iceland. The price of this product is 20.6% lower in Iceland.
McMeal at McDonalds (or Equivalent Combo Meal)
A McMeal or similar meal at McDonald's costs 12 USD in the United States and 14.44 USD in Iceland. The price of this product is 16.9% 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 100 USD in the United States and 108.31 USD in Iceland. The price of this product is 7.7% lower in the United States.
Meal, Inexpensive Restaurant
A meal at an inexpensive restaurant costs 25 USD in the United States and 18.05 USD in Iceland. The price of this product is 27.8% lower in Iceland.
Water (0.33 liter bottle)
A 0.33 liter bottle of water costs 2.2 USD in the United States and 1.93 USD in Iceland. The price of this product is 12.3% lower in Iceland.
Fuel
United States vs. Iceland - expenses related to fuel. You would pay 2.44 times less for fuel in the United States than in Iceland.
Diesel 1L
A liter of diesel costs 0.95 USD in the United States and 2.3 USD in Iceland. The price of this product is 58.7% lower in the United States.
Gasoline 1L
A liter of gasoline costs 0.92 USD in the United States and 2.27 USD in Iceland. The price of this product is 59.5% lower in the United States.
Transportation
United States vs. Iceland - costs of transportation and public communication. You would pay 1.23 times more for transportation in the United States than in Iceland.
Monthly Pass (Regular Price)
The monthly ticket price for public transportation is 129 USD in the United States and 64.98 USD in Iceland. 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 2.75 USD in the United States and 3.97 USD in Iceland. The price of this product is 30.7% lower in the United States.
Taxi 1hour Waiting (Normal Tariff)
The cost of a one-hour taxi stand/wait is 30 USD in the United States and 58.99 USD in Iceland. The price of this product is 49.1% lower in the United States.
Taxi 1km (Normal Tariff)
The fare for each kilometer traveled is 1.86 USD in the United States and 2.99 USD in Iceland. 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 4.5 USD in the United States and 5.27 USD in Iceland. The price of this product is 14.6% lower in the United States.
Sports & entertainment
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 18 USD in the United States and 13.36 USD in Iceland. The price of this product is 25.8% lower in Iceland.
Fitness Club, Monthly Fee for 1 Adult
The monthly fee for entry to the fitness club is 98.26 USD in the United States and 64.99 USD in Iceland. The price of this product is 33.9% lower in Iceland.
Tennis Court Rent (1 Hour on Weekend)
The cost of renting a tennis court for one hour on the weekend is 38 USD in the United States and 44.65 USD in Iceland. The price of this product is 14.9% lower in the United States.
Flats for rent
United States vs. Iceland - costs of renting an apartment. You would pay about 2.46 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 3800 USD in the United States and 1569 USD in Iceland. 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 2380 USD in the United States and 1329 USD in Iceland. The price of this product is 44.2% 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 7094 USD in the United States and 2272 USD in Iceland. The price of this product is 68% 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 4107 USD in the United States and 1891 USD in Iceland. The price of this product is 54% lower in Iceland.
Flats for sale
United States vs. Iceland - costs of purchasing an apartment. You would pay 2.25 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 14278 USD in the United States and 6064 USD in Iceland. 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 9275 USD in the United States and 4424 USD in Iceland. The price of this product is 52.3% lower in Iceland.
Salary
United States vs. Iceland - average salary. The average salary in the United States is 1.66 times higher than in Iceland.
Average Monthly Net Salary (After Tax)
The average monthly salary after taxes is 5997 USD in the United States and 3605 USD in Iceland. The average salary is 39.9% lower in Iceland.
Hotels
United States 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) • United States: 20 cities, 3762 hotels • Iceland: 11 cities, 117 hotels