Last update: Oct 2026

Cost of Living Comparison Between Bansko and Iceland

Name: Iceland
Address: IS

For one person, living is cheaper in Bansko: $970 a month against $3,841 in Iceland, rent and utilities included – about $34,500 less a year. Rent and utilities account for most of the difference.

47

Cost of Living Index in Bansko
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Bansko Living Index
185

Cost of Living Index in Iceland
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Iceland Living Index

Jump to prices

Bansko

🇧🇬 Bulgaria

$970

/mo nomad

🇮🇸 Iceland

$3,841

/mo nomad

🙂 Solo nomad: Bansko is 72.2% cheaper than Iceland without rent, and 74.7% cheaper with rent.

🙂 Family of 3: Bansko is 68.1% cheaper than Iceland without rent, and 72.3% cheaper with rent.

Meal at Budget Restaurant

$8.66 BGN 15.15

$27.37 ISK 3,337

-68.36%

Three-Course Dinner for Two, Mid-Range

$46.63 BGN 81.6

$125 ISK 15.2K

-62.65%

Fast Food Meal (McDonalds, etc)

$9.01 BGN 15.77

$24.08 ISK 2,937

-62.58%

Cappuccino

$2.24 BGN 3.92

$6.19 ISK 755

-63.81%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.50 BGN 2.63

$3.15 ISK 384

-52.38%

Water (0.33 liter bottle)

$0.86 BGN 1.51

$2.99 ISK 365

-71.24%

Local Beer (0.5 liter draught)

$1.76 BGN 3.07

$12.47 ISK 1,521

-85.89%

Imported Beer (0.33 liter bottle)

$2.00 BGN 3.51

$12.50 ISK 1,524

-84.00%

Milk (1 liter)

$1.79 BGN 3.14

$2.11 ISK 258

-15.17%

White Bread (500g)

$0.81 BGN 1.42

$4.09 ISK 499

-80.20%

Rice (white) (1kg)

$1.52 BGN 2.66

$3.45 ISK 421

-55.94%

Eggs

$2.30 BGN 4.02

$7.23 ISK 882

-68.19%

Local Cheese (1kg)

$9.60 BGN 16.81

$20.83 ISK 2,541

-53.91%

Chicken Fillets (1kg)

$6.32 BGN 11.06

$24.61 ISK 3,001

-74.32%

Beef Round Steak (1kg)

$8.64 BGN 15.12

$42.36 ISK 5,166

-79.60%

Apples (1kg)

$1.28 BGN 2.24

$3.17 ISK 387

-59.62%

Banana (1kg)

$1.68 BGN 2.95

$2.72 ISK 332

-38.24%

Oranges (1kg)

$1.70 BGN 2.98

$3.20 ISK 390

-46.88%

Tomato (1kg)

$1.89 BGN 3.30

$5.94 ISK 724

-68.18%

Potato (1kg)

$0.93 BGN 1.63

$3.96 ISK 483

-76.52%

Onion (1kg)

$0.76 BGN 1.32

$1.85 ISK 226

-58.92%

Lettuce (1 head)

$0.54 BGN 0.95

$3.62 ISK 441

-85.08%

Water (1.5 liter bottle)

$0.58 BGN 1.02

$1.93 ISK 236

-69.95%

Cigarettes 20 Pack (Marlboro, Camel)

$3.44 BGN 6.02

$14.12 ISK 1,721

-75.64%

Wine (Bottle)

$5.14 BGN 9.00

$23.36 ISK 2,849

-78.00%

Local Beer (0.5 liter bottle)

$1.11 BGN 1.94

$3.72 ISK 454

-70.16%

Imported Beer (0.33 liter bottle)

$1.70 BGN 2.97

$3.25 ISK 396

-47.69%

One-way Ticket (Public Transport)

$0.88 BGN 1.55

$5.54 ISK 676

-84.12%

Public Transport Monthly Pass (Regular Price)

$26.76 BGN 46.83

$92.7 ISK 11.3K

-71.13%

Taxi Start (Normal Tariff)

$1.29 BGN 2.26

$6.87 ISK 838

-81.22%

Taxi (Normal Tariff) (1km)

$0.65 BGN 1.14

$2.90 ISK 354

-77.59%

Taxi 1hour Waiting (Normal Tariff)

$10.18 BGN 17.81

$81.6 ISK 9,947

-87.52%

Gasoline (1 liter)

$1.50 BGN 2.63

$2.36 ISK 288

-36.44%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$28.8K BGN 50.4K

$50.2K ISK 6.1M

-42.64%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$21.5K BGN 37.5K

$53.5K ISK 6.5M

-59.93%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$91.4 BGN 160

$96.5 ISK 11.8K

-5.26%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$14.68 BGN 25.68

$30.37 ISK 3,704

-51.66%

Internet (50+ Mbps, Unlimited Data)

$12.07 BGN 21.12

$88.0 ISK 10.7K

-86.28%

Gym Membership (Monthly)

$32.28 BGN 56.5

$89.8 ISK 11.0K

-64.07%

Tennis Court (1 Hour on Weekend)

$8.60 BGN 15.05

$50.7 ISK 6,183

-83.04%

Cinema Ticket

$5.63 BGN 9.86

$18.98 ISK 2,314

-70.34%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$228 BGN 400

$1,053 ISK 128.4K

-78.31%

International Primary School, 1 Child (Yearly)

$2,311 BGN 4,045

$30.4K ISK 3.7M

-92.40%

Jeans (Levis 501 Or Similar)

$30.48 BGN 53.3

$154 ISK 18.8K

-80.27%

Summer Dress (H&M, Zara, etc)

$19.01 BGN 33.26

$48.13 ISK 5,869

-60.50%

Sport Shoes (Adidas, Nike)

$45.53 BGN 79.7

$175 ISK 21.4K

-74.03%

Men's Leather Business Shoes

$48.67 BGN 85.2

$231 ISK 28.2K

-78.95%

1-bedroom Apartment, City Center (Monthly)

$521 BGN 913

$2,476 ISK 301.9K

-78.94%

1-bedroom Apartment, Outside City Center (Monthly)

$367 BGN 643

$1,968 ISK 240.0K

-81.33%

3-bedroom Apartment, City Center (Monthly)

$634 BGN 1,110

$3,333 ISK 406.4K

-80.97%

3-bedroom Apartment, Outside City Center (Monthly)

$558 BGN 976

$2,708 ISK 330.2K

-79.40%

Buy Apartment in City Center (m2)

$1,204 BGN 2,106

$7,695 ISK 938.4K

-84.36%

Buy Apartment Outside City Center (m2)

$971 BGN 1,699

$6,295 ISK 767.7K

-84.57%

Average Monthly Net Salary (After Tax)

$1,670 BGN 2,923

$4,795 ISK 584.8K

-65.17%

20-Year Fixed Mortgage Interest Rate (Annual %)

2.99

9.29

-67.81%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Bansko: October 6, 2026

Last update for Iceland: October 3, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Bansko

$367 38%

Iceland

$2K 51.6% 436% $1.6K

Groceries & Markets

Bansko

$193 20%

Iceland

$617 16.2% 220% $424

Eating Out

Bansko

$145 15%

Iceland

$477 12.5% 228% $332

Monthly Utilities & Internet

Bansko

$118 12.2%

Iceland

$215 5.6% 81.8% $97

Clothing & Footwear

Bansko

$65 6.7%

Iceland

$274 7.2% 324% $209

Sport & Entertainment

Bansko

$44 4.5%

Iceland

$128 3.4% 194% $84

Getting Around

Bansko

$35 3.6%

Iceland

$136 3.6% 291% $101

Good to know

🇧🇬 Bansko

🇮🇸 Iceland

🕒 Local time

13:05 1:05 PM

10:05 10:05 AM

3 h behind Bansko

🌤 Weather

👥 Population

8,000

364,260

💱 Currency

Bulgarian Lev BGN лв.

Icelandic Króna ISK kr

📈 Exchange rate

1 BGN = 0.571 USD

1 BGN = 0.51 EUR

1,000 ISK = 8.2 USD

1,000 ISK = 7.32 EUR

Exchange rates and currency converter

ISK, USD, EUR to BGN – Bulgarian Lev Converter

🇺🇸 United States Dollar ($)

🇧🇬 Bulgarian Lev (лв.)

Bulgarian Lev exchange rates as of October 10, 2026: 1 USD = 1.75 BGN (1 BGN = 0.571 USD). 1 EUR = 1.96 BGN (1 BGN = 0.51 EUR).

Icelandic Króna exchange rates as of October 10, 2026: 1 USD = 122 ISK (1,000 ISK = 8.2 USD). 1 EUR = 137 ISK (1,000 ISK = 7.32 EUR).

USD to BGN in detail →

On the map

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Between locations

Bansko Iceland 3,790 km ≈ 5 h nonstop flight

From you

Bansko
Iceland

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Bansko vs other spots: cost of living compared

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