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  3. Cost of Living & Prices: United States vs. Iceland

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 #1
Country #2
City
New York, NYNew York, NY
ReykjavíkReykjavík

Table of contents

Grocery

PLNISKEURUSD

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 26.96 PLN (7.41 USD) in the United States and 12.14 PLN (3.34 USD) in Iceland. The price of this product is 55% lower in Iceland.

26.96 PLN
12.14 PLN

Banana (1kg)

1 kilogram of bananas costs 9.17 PLN (2.52 USD) in the United States and 9.16 PLN (2.52 USD) in Iceland. The price of this product is 0.1% lower in Iceland.

9.17 PLN
9.16 PLN

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

One kilogram of beef or similar meat costs 72.56 PLN (19.94 USD) in the United States and 156.9 PLN (43.12 USD) in Iceland. The price of this product is 53.8% lower in the United States.

72.56 PLN
156.90 PLN

Bottle of Wine (Mid-Range)

A bottle of medium-grade wine costs 65.5 PLN (18 USD) in the United States and 89.2 PLN (24.51 USD) in Iceland. The price of this product is 26.6% lower in the United States.

65.50 PLN
89.20 PLN

Chicken Fillets (1kg)

One kilogram of chicken fillet costs 58.51 PLN (16.08 USD) in the United States and 89.09 PLN (24.48 USD) in Iceland. The price of this product is 34.3% lower in the United States.

58.51 PLN
89.09 PLN

Cigarettes 20 Pack (Marlboro)

A pack of 20 cigarettes costs 69.14 PLN (19 USD) in the United States and 50.55 PLN (13.89 USD) in Iceland. The price of this product is 26.9% lower in Iceland.

69.14 PLN
50.55 PLN

Domestic Beer (0.5 liter bottle)

Domestic beer in a 0.5 liter bottle costs 12.15 PLN (3.34 USD) in the United States and 13.45 PLN (3.7 USD) in Iceland. The price of this product is 9.7% lower in the United States.

12.15 PLN
13.45 PLN

Eggs (regular) (12)

You will pay 26.16 PLN (7.19 USD) for 12 eggs in the United States and 23.56 PLN (6.47 USD) in Iceland. The price of this product is 9.9% lower in Iceland.

26.16 PLN
23.56 PLN

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 13.86 PLN (3.81 USD) in the United States and 12.48 PLN (3.43 USD) in Iceland. The price of this product is 10% lower in Iceland.

13.86 PLN
12.48 PLN

Johnnie Walker Red Label Whisky 0.7 Litre

90.93 PLN
-

Lettuce (1 head)

One head of lettuce costs 10.7 PLN (2.94 USD) in the United States and 11.51 PLN (3.16 USD) in Iceland. The price of this product is 7% lower in the United States.

10.70 PLN
11.51 PLN

Loaf of Fresh White Bread (500g)

One loaf of fresh white bread costs 18.23 PLN (5.01 USD) in the United States and 15.78 PLN (4.34 USD) in Iceland. The price of this product is 13.4% lower in Iceland.

18.23 PLN
15.78 PLN

Local Cheese (1kg)

One kilogram of locally produced cheese costs 62.44 PLN (17.16 USD) in the United States and 67.56 PLN (18.57 USD) in Iceland. The price of this product is 7.6% lower in the United States.

62.44 PLN
67.56 PLN

Milk (regular), (1 liter)

One liter of milk costs 5.79 PLN (1.59 USD) in the United States and 7.1 PLN (1.95 USD) in Iceland. The price of this product is 18.5% lower in the United States.

5.79 PLN
7.10 PLN

Onion (1kg)

One kilogram of onions costs 14.59 PLN (4.01 USD) in the United States and 8.8 PLN (2.42 USD) in Iceland. The price of this product is 39.7% lower in Iceland.

14.59 PLN
8.80 PLN

Oranges (1kg)

One kilogram of oranges costs 20.81 PLN (5.72 USD) in the United States and 11.3 PLN (3.11 USD) in Iceland. The price of this product is 45.7% lower in Iceland.

20.81 PLN
11.30 PLN

Potato (1kg)

One kilogram of potatoes costs 13.61 PLN (3.74 USD) in the United States and 13.34 PLN (3.67 USD) in Iceland. The price of this product is 2% lower in Iceland.

13.61 PLN
13.34 PLN

Rice (white), (1kg)

One kilogram of white rice costs 30.09 PLN (8.27 USD) in the United States and 13.5 PLN (3.71 USD) in Iceland. The price of this product is 55.1% lower in Iceland.

30.09 PLN
13.50 PLN

Smirnoff Red Label Vodka 0.7 Litre

32.68 PLN
-

Tomato (1kg)

One kilogram of tomatoes costs 23.18 PLN (6.37 USD) in the United States and 18.51 PLN (5.09 USD) in Iceland. The price of this product is 20.1% lower in Iceland.

23.18 PLN
18.51 PLN

Water (1.5 liter bottle)

A 1.5 liter bottle of water costs 9.06 PLN (2.49 USD) in the United States and 7.27 PLN (2 USD) in Iceland. The price of this product is 19.8% lower in Iceland.

9.06 PLN
7.27 PLN

Restaurant

PLNISKEURUSD

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 21.32 PLN (5.86 USD) in the United States and 22.62 PLN (6.22 USD) in Iceland. The price of this product is 5.7% lower in the United States.

21.32 PLN
22.62 PLN

Coke/Pepsi (0.33 liter bottle)

A 0.33 liter bottle of Coca-Cola or Pepsi costs 12.01 PLN (3.3 USD) in the United States and 12.1 PLN (3.33 USD) in Iceland. The price of this product is 0.7% lower in the United States.

12.01 PLN
12.10 PLN

Domestic Beer (0.5 liter draught)

Domestic beer with a capacity of 0.5 liters costs 29.11 PLN (8 USD) in the United States and 47.57 PLN (13.07 USD) in Iceland. The price of this product is 38.8% lower in the United States.

29.11 PLN
47.57 PLN

Imported Beer (0.33 liter bottle)

A 0.33 liter bottle of imported beer costs 43.66 PLN (12 USD) in the United States and 41.63 PLN (11.44 USD) in Iceland. The price of this product is 4.6% lower in Iceland.

43.66 PLN
41.63 PLN

McMeal at McDonalds (or Equivalent Combo Meal)

A McMeal or similar meal at McDonald's costs 43.66 PLN (12 USD) in the United States and 83.25 PLN (22.88 USD) in Iceland. The price of this product is 47.6% lower in the United States.

43.66 PLN
83.25 PLN

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

A three-course meal for two people at a mid-range restaurant costs 509.42 PLN (140 USD) in the United States and 535.2 PLN (147.08 USD) in Iceland. The price of this product is 4.8% lower in the United States.

509.42 PLN
535.20 PLN

Meal, Inexpensive Restaurant

A meal at an inexpensive restaurant costs 94.61 PLN (26 USD) in the United States and 99.61 PLN (27.37 USD) in Iceland. The price of this product is 5% lower in the United States.

94.61 PLN
99.61 PLN

Water (0.33 liter bottle)

A 0.33 liter bottle of water costs 9.28 PLN (2.55 USD) in the United States and 9.68 PLN (2.66 USD) in Iceland. The price of this product is 4.1% lower in the United States.

9.28 PLN
9.68 PLN

Fuel

PLNISKEURUSD

United States vs. Iceland - expenses related to fuel. You would pay 2.71 times less for fuel in the United States than in Iceland.

Diesel 1L

A liter of diesel costs 3.58 PLN (0.99 USD) in the United States and 9.66 PLN (2.65 USD) in Iceland. The price of this product is 62.9% lower in the United States.

3.58 PLN
9.66 PLN

Gasoline 1L

A liter of gasoline costs 3.38 PLN (0.93 USD) in the United States and 9.21 PLN (2.53 USD) in Iceland. The price of this product is 63.3% lower in the United States.

3.38 PLN
9.21 PLN

Transportation

PLNISKEURUSD

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 480.31 PLN (132 USD) in the United States and 321.12 PLN (88.25 USD) in Iceland. The price of this product is 33.1% lower in Iceland.

480.31 PLN
321.12 PLN

One-way Ticket (Local Transport)

The one-way ticket price for local transportation is 10.55 PLN (2.9 USD) in the United States and 19.33 PLN (5.31 USD) in Iceland. The price of this product is 45.4% lower in the United States.

10.55 PLN
19.33 PLN

Taxi 1hour Waiting (Normal Tariff)

The cost of a one-hour taxi stand/wait is 152.83 PLN (42 USD) in the United States and 318.44 PLN (87.51 USD) in Iceland. The price of this product is 52% lower in the United States.

152.83 PLN
318.44 PLN

Taxi 1km (Normal Tariff)

The fare for each kilometer traveled is 7.9 PLN (2.17 USD) in the United States and 9.63 PLN (2.65 USD) in Iceland. The price of this product is 18% lower in the United States.

7.90 PLN
9.63 PLN

Taxi Start (Normal Tariff)

The initial fare during a taxi ride is 18.16 PLN (4.99 USD) in the United States and 23.49 PLN (6.46 USD) in Iceland. The price of this product is 22.7% lower in the United States.

18.16 PLN
23.49 PLN

Sports & entertainment

PLNISKEURUSD

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 72.77 PLN (20 USD) in the United States and 65.12 PLN (17.9 USD) in Iceland. The price of this product is 10.5% lower in Iceland.

72.77 PLN
65.12 PLN

Fitness Club, Monthly Fee for 1 Adult

The monthly fee for entry to the fitness club is 574.08 PLN (157.77 USD) in the United States and 307.06 PLN (84.39 USD) in Iceland. The price of this product is 46.5% lower in Iceland.

574.08 PLN
307.06 PLN

Tennis Court Rent (1 Hour on Weekend)

The cost of renting a tennis court for one hour on the weekend is 236.52 PLN (65 USD) in the United States and 167.99 PLN (46.17 USD) in Iceland. The price of this product is 29% lower in Iceland.

236.52 PLN
167.99 PLN

Flats for rent

PLNISKEURUSD

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 14765 PLN (4057.67 USD) in the United States and 8191 PLN (2250.99 USD) in Iceland. The price of this product is 44.5% lower in Iceland.

14 765 PLN
8 191 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 9254 PLN (2543.17 USD) in the United States and 7508 PLN (2063.25 USD) in Iceland. The price of this product is 18.9% lower in Iceland.

9 254 PLN
7 508 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 29916 PLN (8221.43 USD) in the United States and 11761 PLN (3232.08 USD) in Iceland. The price of this product is 60.7% lower in Iceland.

29 916 PLN
11 761 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 19018 PLN (5226.67 USD) in the United States and 10147 PLN (2788.63 USD) in Iceland. The price of this product is 46.6% lower in Iceland.

19 018 PLN
10 147 PLN

Flats for sale

PLNISKEURUSD

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 63151 PLN (17355.2 USD) in the United States and 28222 PLN (7755.9 USD) in Iceland. The price of this product is 55.3% lower in Iceland.

63 151 PLN
28 222 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 44306 PLN (12176.1 USD) in the United States and 23865 PLN (6558.46 USD) in Iceland. The price of this product is 46.1% lower in Iceland.

44 306 PLN
23 865 PLN

Salary

PLNISKEURUSD

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 18722 PLN (5145.25 USD) in the United States and 15587 PLN (4283.74 USD) in Iceland. The average salary is 16.7% lower in Iceland.

18 722 PLN
15 587 PLN

Hotels

PLNISKEURUSD

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

One star

377 PLN
-

Two stars

532 PLN
627 PLN

Three stars

710 PLN
834 PLN

Four stars

918 PLN
1 334 PLN

Five stars

2 187 PLN
-

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

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