Last update: Nov 2026

Cost of Living Comparison Between Bucharest and Iceland

Name: Iceland
Address: IS

For one person, living is cheaper in Bucharest: $1,371 a month against $3,864 in Iceland, rent and utilities included – about $29,900 less a year. Rent and utilities account for most of the difference.

65

Cost of Living Index in Bucharest
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Bucharest Living Index
187

Cost of Living Index in Iceland
Learn more

Iceland Living Index

Jump to prices

Bucharest

🇷🇴 Romania

$1,371

/mo nomad

🇮🇸 Iceland

$3,864

/mo nomad

🙂 Solo nomad: Bucharest is 59.8% cheaper than Iceland without rent, and 64.5% cheaper with rent.

🙂 Family of 3: Bucharest is 57.6% cheaper than Iceland without rent, and 61.4% cheaper with rent.

Meal at Budget Restaurant

$14.51 RON 69.0

$27.40 ISK 3,329

-47.04%

Three-Course Dinner for Two, Mid-Range

$61.2 RON 291

$125 ISK 15.1K

-50.85%

Fast Food Meal (McDonalds, etc)

$7.46 RON 35.46

$24.02 ISK 2,919

-68.94%

Cappuccino

$3.64 RON 17.31

$6.09 ISK 740

-40.23%

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

$2.62 RON 12.43

$3.28 ISK 399

-20.12%

Water (0.33 liter bottle)

$2.36 RON 11.23

$2.98 ISK 362

-20.81%

Local Beer (0.5 liter draught)

$3.78 RON 17.98

$12.38 ISK 1,504

-69.47%

Imported Beer (0.33 liter bottle)

$4.11 RON 19.52

$12.15 ISK 1,476

-66.17%

Milk (1 liter)

$1.66 RON 7.89

$2.10 ISK 255

-20.95%

White Bread (500g)

$1.40 RON 6.64

$3.93 ISK 477

-64.38%

Rice (white) (1kg)

$1.79 RON 8.53

$3.53 ISK 429

-49.29%

Eggs

$3.63 RON 17.25

$6.96 ISK 846

-47.84%

Local Cheese (1kg)

$8.92 RON 42.38

$20.69 ISK 2,514

-56.89%

Chicken Fillets (1kg)

$6.86 RON 32.62

$24.05 ISK 2,923

-71.48%

Beef Round Steak (1kg)

$11.99 RON 57.0

$41.81 ISK 5,079

-71.32%

Apples (1kg)

$1.30 RON 6.16

$2.98 ISK 362

-56.38%

Banana (1kg)

$1.63 RON 7.76

$2.68 ISK 326

-39.18%

Oranges (1kg)

$1.49 RON 7.09

$3.20 ISK 388

-53.44%

Tomato (1kg)

$2.54 RON 12.08

$6.09 ISK 739

-58.29%

Potato (1kg)

$0.81 RON 3.86

$4.01 ISK 487

-79.80%

Onion (1kg)

$0.80 RON 3.78

$1.91 ISK 233

-58.12%

Lettuce (1 head)

$0.86 RON 4.07

$3.82 ISK 464

-77.49%

Water (1.5 liter bottle)

$0.94 RON 4.46

$1.85 ISK 225

-49.19%

Cigarettes 20 Pack (Marlboro, Camel)

$6.60 RON 31.38

$14.04 ISK 1,706

-52.99%

Wine (Bottle)

$6.33 RON 30.08

$23.12 ISK 2,809

-72.62%

Local Beer (0.5 liter bottle)

$1.19 RON 5.64

$3.78 ISK 460

-68.52%

Imported Beer (0.33 liter bottle)

$1.58 RON 7.53

$3.36 ISK 408

-52.98%

One-way Ticket (Public Transport)

$0.98 RON 4.64

$5.81 ISK 706

-83.13%

Public Transport Monthly Pass (Regular Price)

$20.91 RON 99.4

$97.2 ISK 11.8K

-78.49%

Taxi Start (Normal Tariff)

$0.60 RON 2.86

$7.09 ISK 861

-91.54%

Taxi (Normal Tariff) (1km)

$0.62 RON 2.93

$3.64 ISK 443

-82.97%

Taxi 1hour Waiting (Normal Tariff)

$6.37 RON 30.25

$97.8 ISK 11.9K

-93.48%

Gasoline (1 liter)

$2.02 RON 9.62

$2.26 ISK 275

-10.62%

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

$28.2K RON 134.0K

$69.1K ISK 8.4M

-59.17%

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

$26.3K RON 124.8K

$55.1K ISK 6.7M

-52.32%

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

$196 RON 932

$104 ISK 12.6K

89.34%

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

$8.60 RON 40.84

$32.82 ISK 3,987

-73.80%

Internet (50+ Mbps, Unlimited Data)

$9.20 RON 43.69

$90.2 ISK 11.0K

-89.80%

Gym Membership (Monthly)

$51.0 RON 242

$90.3 ISK 11.0K

-43.48%

Tennis Court (1 Hour on Weekend)

$25.04 RON 119

$51.6 ISK 6,274

-51.51%

Cinema Ticket

$8.26 RON 39.27

$19.37 ISK 2,353

-57.36%

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

$681 RON 3,234

$949 ISK 115.4K

-28.32%

International Primary School, 1 Child (Yearly)

$18.7K RON 89.0K

$18.8K ISK 2.3M

-0.51%

Jeans (Levis 501 Or Similar)

$93.3 RON 443

$147 ISK 17.9K

-36.62%

Summer Dress (H&M, Zara, etc)

$39.87 RON 189

$49.63 ISK 6,030

-19.67%

Sport Shoes (Adidas, Nike)

$80.1 RON 381

$170 ISK 20.7K

-52.95%

Men's Leather Business Shoes

$90.6 RON 431

$234 ISK 28.4K

-61.22%

1-bedroom Apartment, City Center (Monthly)

$731 RON 3,473

$2,582 ISK 313.7K

-71.69%

1-bedroom Apartment, Outside City Center (Monthly)

$470 RON 2,232

$2,008 ISK 243.9K

-76.60%

3-bedroom Apartment, City Center (Monthly)

$1,110 RON 5,276

$3,572 ISK 433.9K

-68.91%

3-bedroom Apartment, Outside City Center (Monthly)

$722 RON 3,431

$2,697 ISK 327.7K

-73.23%

Buy Apartment in City Center (m2)

$3,749 RON 17.8K

$7,621 ISK 926.0K

-50.81%

Buy Apartment Outside City Center (m2)

$2,233 RON 10.6K

$6,244 ISK 758.7K

-64.23%

Average Monthly Net Salary (After Tax)

$1,365 RON 6,487

$4,870 ISK 591.7K

-71.97%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.75

9.29

-27.34%

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

Last update for Bucharest: November 2, 2026

Last update for Iceland: November 2, 2026

Monthly budget structure

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

Accommodation & Living

Bucharest

$470 34.3%

Iceland

$2K 51.9% 327% $1.5K

Eating Out

Bucharest

$229 16.7%

Iceland

$476 12.3% 107% $246

Groceries & Markets

Bucharest

$225 16.4%

Iceland

$609 15.8% 171% $385

Monthly Utilities & Internet

Bucharest

$214 15.6%

Iceland

$227 5.9% 5.9% $13

Clothing & Footwear

Bucharest

$137 10%

Iceland

$270 7% 97.7% $134

Sport & Entertainment

Bucharest

$68 4.9%

Iceland

$129 3.3% 91% $61

Getting Around

Bucharest

$29 2.1%

Iceland

$146 3.8% 411% $117

Good to know

🇷🇴 Bucharest

🇮🇸 Iceland

🕒 Local time

04:15 4:15 AM

02:15 2:15 AM

2 h behind Bucharest

🌤 Weather

👥 Population

1,883,425 Capital

364,260

💱 Currency

Romanian Leu RON lei

Icelandic Króna ISK kr

📈 Exchange rate

1 RON = 0.21 USD

1 RON = 0.187 EUR

1,000 ISK = 8.23 USD

1,000 ISK = 7.33 EUR

Exchange rates and currency converter

ISK, USD, EUR to RON – Romanian Leu Converter

🇺🇸 United States Dollar ($)

🇷🇴 Romanian Leu (lei)

Romanian Leu exchange rates as of November 6, 2026: 1 USD = 4.75 RON (1 RON = 0.21 USD). 1 EUR = 5.33 RON (1 RON = 0.187 EUR).

Icelandic Króna exchange rates as of November 6, 2026: 1 USD = 122 ISK (1,000 ISK = 8.23 USD). 1 EUR = 136 ISK (1,000 ISK = 7.33 EUR).

USD to RON in detail →

On the map

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Between locations

Bucharest Iceland 3,670 km ≈ 5 h nonstop flight

From you

Bucharest
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

Bucharest vs other spots: cost of living compared

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