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

Name: India
Address: IN

😐 Solo nomad: Iceland is 490.8% more expensive than India without rent, and 736.5% more expensive with rent.

😐 Family of 3: Iceland is 517.1% more expensive than India without rent, and 595.3% more expensive with rent.

Meal at Budget Restaurant

$26.87 ISK 3,353

$2.49 ₹213

979.12%

Three-Course Dinner for Two, Mid-Range

$126 ISK 15.7K

$14.06 ₹1,202

797.51%

Fast Food Meal (McDonalds, etc)

$20.34 ISK 2,538

$4.1 ₹351

396.10%

Cappuccino

$6.09 ISK 760

$1.82 ₹156

234.62%

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

$3.36 ISK 419

$0.44 ₹37.72

663.64%

Water (0.33 liter bottle)

$2.7 ISK 337

$0.17 ₹14.36

1488.24%

Local Beer (0.5 liter draught)

$12.07 ISK 1,506

$1.94 ₹166

522.16%

Imported Beer (0.33 liter bottle)

$10.47 ISK 1,306

$3.53 ₹302

196.60%

Milk (1 liter)

$1.95 ISK 243

$0.73 ₹62.1

167.12%

White Bread (500g)

$4.07 ISK 508

$0.48 ₹41.19

747.92%

Rice (white) (1kg)

$3.48 ISK 434

$0.72 ₹61.4

383.33%

Eggs

$6.36 ISK 793

$0.94 ₹80.1

576.60%

Local Cheese (1kg)

$18.36 ISK 2,290

$5.23 ₹448

251.05%

Chicken Fillets (1kg)

$24.71 ISK 3,082

$3.14 ₹269

686.94%

Beef Round Steak (1kg)

$42.1 ISK 5,251

Apples (1kg)

$3.18 ISK 397

$2.2 ₹188

44.55%

Banana (1kg)

$2.49 ISK 310

$0.72 ₹61.2

245.83%

Oranges (1kg)

$2.92 ISK 365

$1.09 ₹93.2

167.89%

Tomato (1kg)

$4.86 ISK 606

$0.57 ₹49.11

752.63%

Potato (1kg)

$3.68 ISK 460

$0.42 ₹36.21

776.19%

Onion (1kg)

$2.26 ISK 281

$0.45 ₹38.73

402.22%

Lettuce (1 head)

$3.17 ISK 396

$0.55 ₹46.97

476.36%

Water (1.5 liter bottle)

$2.2 ISK 274

$0.33 ₹27.96

566.67%

Cigarettes 20 Pack (Marlboro, Camel)

$14.05 ISK 1,753

$4.08 ₹349

244.36%

Wine (Bottle)

$24.13 ISK 3,010

$7.99 ₹683

202.00%

Local Beer (0.5 liter bottle)

$3.63 ISK 453

$1.92 ₹164

89.06%

Imported Beer (0.33 liter bottle)

$3.21 ISK 401

$2.89 ₹248

11.07%

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

$5.92 ₹506

One-way Ticket (Public Transport)

$5.24 ISK 653

$0.34 ₹28.83

1441.18%

Public Transport Monthly Pass (Regular Price)

$84.3 ISK 10.5K

$10.01 ₹856

742.36%

Taxi Start (Normal Tariff)

$6.26 ISK 781

$0.97 ₹83

545.36%

Taxi (Normal Tariff) (1km)

$2.37 ISK 296

$0.28 ₹23.62

746.43%

Taxi 1hour Waiting (Normal Tariff)

$86.5 ISK 10.8K

$1.77 ₹151

4788.14%

Gasoline (1 liter)

$2.46 ISK 307

$1.24 ₹106

98.39%

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

$47.9K ISK 6M

$14K ₹1.2M

241.47%

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

$54K ISK 6.7M

$22.2K ₹1.9M

143.21%

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

$90.4 ISK 11.3K

$40.79 ₹3,489

121.62%

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

$27.54 ISK 3,435

$3.79 ₹324

626.65%

Internet (50+ Mbps, Unlimited Data)

$85.9 ISK 10.7K

$8.13 ₹695

955.97%

Gym Membership (Monthly)

$81.8 ISK 10.2K

$16 ₹1,368

411.19%

Tennis Court (1 Hour on Weekend)

$37.74 ISK 4,708

$7.59 ₹649

397.23%

Cinema Ticket

$17.35 ISK 2,164

$3.45 ₹295

402.90%

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

$348 ISK 43.4K

$69.7 ₹5,958

399.12%

International Primary School, 1 Child (Yearly)

$29.5K ISK 3.7M

$1,847 ₹158K

1497.62%

Jeans (Levis 501 Or Similar)

$137 ISK 17.1K

$25.29 ₹2,163

441.20%

Summer Dress (H&M, Zara, etc)

$64.2 ISK 8,005

$26.99 ₹2,309

137.75%

Sport Shoes (Adidas, Nike)

$171 ISK 21.4K

$44.67 ₹3,821

283.59%

Men's Leather Business Shoes

$254 ISK 31.6K

$33.23 ₹2,842

663.14%

1-bedroom Apartment, City Center (Monthly)

$2,216 ISK 276.4K

$179 ₹15.3K

1135.64%

1-bedroom Apartment, Outside City Center (Monthly)

$2,002 ISK 249.8K

$114 ₹9,770

1652.89%

3-bedroom Apartment, City Center (Monthly)

$3,148 ISK 392.7K

$414 ₹35.4K

659.60%

3-bedroom Apartment, Outside City Center (Monthly)

$2,722 ISK 339.5K

$260 ₹22.2K

946.73%

Buy Apartment in City Center (m2)

$7,550 ISK 941.9K

$1,499 ₹128.2K

403.55%

Buy Apartment Outside City Center (m2)

$6,306 ISK 786.7K

$830 ₹71K

659.48%

Average Monthly Net Salary (After Tax)

$4,591 ISK 572.7K

$500 ₹42.8K

817.24%

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: October 28, 2025

Last update for India: October 29, 2025

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