Cost of Living Comparison Between Iceland and India Cost of Living Comparison Between Iceland and India

Name: India
Address: IN

😐 Solo nomad: Iceland is 461.9% more expensive than India without rent, and 769.3% more expensive with rent.

😐 Family of 3: Iceland is 509.5% more expensive than India without rent, and 612.7% more expensive with rent.

Meal at Budget Restaurant

$26.42 ISK 3,328

$2.54 ₹230

940.16%

Three-Course Dinner for Two, Mid-Range

$128 ISK 16.1K

$13.78 ₹1,251

826.92%

Fast Food Meal (McDonalds, etc)

$19.96 ISK 2,514

$4.14 ₹375

382.13%

Cappuccino

$5.99 ISK 755

$1.81 ₹164

230.94%

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

$3.32 ISK 418

$0.41 ₹36.98

709.76%

Water (0.33 liter bottle)

$2.62 ISK 330

$0.15 ₹13.69

1646.67%

Local Beer (0.5 liter draught)

$12.09 ISK 1,523

$1.93 ₹175

526.42%

Imported Beer (0.33 liter bottle)

$10.65 ISK 1,341

$3.59 ₹326

196.66%

Milk (1 liter)

$1.95 ISK 246

$0.73 ₹65.9

167.12%

White Bread (500g)

$4.21 ISK 531

$0.51 ₹46.62

725.49%

Rice (white) (1kg)

$3.59 ISK 452

$0.72 ₹65.1

398.61%

Eggs

$6.41 ISK 808

$1.00 ₹90.5

541.00%

Local Cheese (1kg)

$18.74 ISK 2,360

$5.17 ₹469

262.48%

Chicken Fillets (1kg)

$23.89 ISK 3,010

$3.16 ₹287

656.01%

Beef Round Steak (1kg)

$42.05 ISK 5,298

Apples (1kg)

$3.07 ISK 387

$2.10 ₹191

46.19%

Banana (1kg)

$2.50 ISK 315

$0.72 ₹65.3

247.22%

Oranges (1kg)

$2.89 ISK 364

$1.08 ₹98.3

167.59%

Tomato (1kg)

$4.96 ISK 625

$0.56 ₹51.1

785.71%

Potato (1kg)

$3.51 ISK 442

$0.43 ₹38.99

716.28%

Onion (1kg)

$2.28 ISK 287

$0.49 ₹44.46

365.31%

Lettuce (1 head)

$3.09 ISK 390

$0.50 ₹45.73

518.00%

Water (1.5 liter bottle)

$2.17 ISK 274

$0.33 ₹29.84

557.58%

Cigarettes 20 Pack (Marlboro, Camel)

$14.28 ISK 1,799

$4.18 ₹380

241.63%

Wine (Bottle)

$23.25 ISK 2,929

$8.00 ₹726

190.63%

Local Beer (0.5 liter bottle)

$3.72 ISK 468

$1.89 ₹172

96.83%

Imported Beer (0.33 liter bottle)

$3.20 ISK 404

$3.06 ₹278

4.58%

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

$5.61 ₹509

One-way Ticket (Public Transport)

$5.29 ISK 666

$0.37 ₹33.33

1329.73%

Public Transport Monthly Pass (Regular Price)

$84.2 ISK 10.6K

$9.71 ₹881

766.74%

Taxi Start (Normal Tariff)

$6.39 ISK 805

$0.91 ₹82.8

602.20%

Taxi (Normal Tariff) (1km)

$2.38 ISK 300

$0.28 ₹25.17

750.00%

Taxi 1hour Waiting (Normal Tariff)

$84.9 ISK 10.7K

$1.73 ₹157

4806.36%

Gasoline (1 liter)

$2.54 ISK 320

$1.18 ₹107

115.25%

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

$47.1K ISK 5.9M

$13.9K ₹1.3M

238.00%

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

$54.5K ISK 6.9M

$22.2K ₹2.0M

145.29%

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

$90.6 ISK 11.4K

$40.51 ₹3,676

123.53%

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

$27.40 ISK 3,451

$3.89 ₹353

604.37%

Internet (50+ Mbps, Unlimited Data)

$88.2 ISK 11.1K

$7.79 ₹707

1032.09%

Gym Membership (Monthly)

$82.6 ISK 10.4K

$16.34 ₹1,482

405.51%

Tennis Court (1 Hour on Weekend)

$37.13 ISK 4,677

$7.62 ₹691

387.27%

Cinema Ticket

$17.81 ISK 2,244

$3.51 ₹319

407.41%

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

$347 ISK 43.7K

$68.3 ₹6,194

408.82%

International Primary School, 1 Child (Yearly)

$29.7K ISK 3.7M

$1,829 ₹166.0K

1524.56%

Jeans (Levis 501 Or Similar)

$138 ISK 17.4K

$25.62 ₹2,325

438.10%

Summer Dress (H&M, Zara, etc)

$62.7 ISK 7,898

$27.01 ₹2,451

132.14%

Sport Shoes (Adidas, Nike)

$175 ISK 22.0K

$45.10 ₹4,093

287.34%

Men's Leather Business Shoes

$253 ISK 31.9K

$33.35 ₹3,026

659.22%

1-bedroom Apartment, City Center (Monthly)

$2,235 ISK 281.6K

$179 ₹16.2K

1148.38%

1-bedroom Apartment, Outside City Center (Monthly)

$1,977 ISK 249.1K

$113 ₹10.3K

1648.26%

3-bedroom Apartment, City Center (Monthly)

$3,150 ISK 396.8K

$406 ₹36.8K

676.33%

3-bedroom Apartment, Outside City Center (Monthly)

$2,737 ISK 344.7K

$258 ₹23.4K

959.78%

Buy Apartment in City Center (m2)

$7,399 ISK 932.0K

$1,338 ₹121.4K

453.14%

Buy Apartment Outside City Center (m2)

$6,095 ISK 767.8K

$682 ₹61.9K

793.64%

Average Monthly Net Salary (After Tax)

$4,487 ISK 565.2K

$462 ₹41.9K

870.83%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.88

9.02

9.53%

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

Last update for Iceland: January 13, 2026

Last update for India: January 11, 2026

Digital Nomad Cost of Living Index

Cost of Living Comparison Between Iceland and India Cost of Living Comparison Between Iceland and India

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