The cost of living in Iceland is approximately 2685 $ per month for a single person, including rent.
For a family of four, it's around 5605 $, also including rent.
| Cost of Living, one person, including rent | |
|---|---|
| Without Rent | |
| Rent & Utilities | |
| Food | |
| Transport | |
| Monthly Salary, after tax | |
| GDP per Capita | |
| Freedom Index | |
| Lifespan | |
| Speak English | |
| Population |
| Lunch menu, inexpensive restaurant | 22.1 $ |
| Dinner | 115 $ |
| Fast food, McDonalds or KFC | 18.3 $ |
| Beer, 0.5 L or 16 fl oz | 10.4 $ |
| Capuccino | 5.1 $ |
| Coke, 330ml | 2.95 $ |
| Milk, 1 L or 1 qt | 1.67 $ |
| Bread, 0.5 kg or 1 lb | 3.6 $ |
| Rice, 1 kg or 2 lb | 3.11 $ |
| Eggs, 12 pack | 5.77 $ |
| Cheese, 1 kg or 2 lb | 15.4 $ |
| Chicken Breast, 1 kg or 2 lb | 19.7 $ |
| Round Steak, 1 kg or 2 lb | 33.9 $ |
| Apples, 1 kg or 2 lb | 2.88 $ |
| Banana, 1 kg or 2 lb | 2.31 $ |
| Oranges, 1 kg or 2 lb | 2.69 $ |
| Tomato, 1 kg or 2 lb | 4.65 $ |
| Potato, 1 kg or 2.2 lb | 2.99 $ |
| Onion, 1 kg or 2.2 lb | 1.84 $ |
| Water, 1 L or 1 qt | 1.28 $ |
| Coca-Cola / Pepsi, 2 L or 67.6 fl oz | 2.74 $ |
| Wine, 750 mL bottle | 21.3 $ |
| Beer, 0.5 L or 16 fl oz | 3.27 $ |
| Cigarette pack | 12 $ |
| One-way Ticket | 4.47 $ |
| Monthly Pass | 74.2 $ |
| Gas or Petrol, 1l or 0.26 gal | 2.28 $ |
| Taxi, 8 km | 24.9 $ |
| Doctor Visit, private clinic | 84.3 $ |
| Cold medicine, for 1 week | 11.6 $ |
| Hair Shampoo, 400 ml or 12 oz. | 5.35 $ |
| Toilet paper, 4 rolls | 4.7 $ |
| Toothpaste, 1 tube | 3.32 $ |
| 1 person, electricity, heating, water & garbage | 46 $ |
| Family of 4, electricity, heating, water & garbage | 71 $ |
| Internet plan, +60 Mbps | 73.9 $ |
| 1 Bedroom Apartment, outside of center, 40 sq.m | 1,432 $ |
| 3 Bedroom Apartment, outside of center, 85 sq.m | 2,304 $ |
| 1 Bedroom Apartment, in city center, 40 sq.m | 1,639 $ |
| 3 Bedroom Apartment, in city center, 85 sq.m | 2,535 $ |
| Price per Square Meter to Buy Apartment, in city center | 5,677 $ |
| Price per Square Meter to Buy House, in suburbs | 4,632 $ |
| Average Monthly Net Salary, after tax | 3,865 $ |
| Mortgage Interest Rate, for 20 years fixed-rate | 7.22% |
| Fitness Club, Monthly Fee for 1 Adult | 67.9 $ |
| Cinema, 1 seat | 14.9 $ |
| Haircut | 47.3 $ |
| Brand Sneakers, mid-range, Nike or similar | 152 $ |
| Brand Jeans, Levis 501 | 113 $ |
| Preschool, full day, monthly for 1 child | 257 $ |
| International Primary School, yearly for 1 child | 6,163 $ |
| City | Cost of Living without rent |
|---|---|
| Reykjavik | |
| Hafnarfjorur | |
| Keflavik | |
| Kopavogur | |
| Akureyri |