Last update: Oct 2026
Cost of Living Comparison Between Iceland and Sofia
For one person, living is cheaper in Sofia: $1,589 a month against $3,841 in Iceland, rent and utilities included – about $27,000 less a year. Rent and utilities account for most of the difference.
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Iceland Living Index185Cost of Living Index in IcelandLearn more -
Sofia Living Index78Cost of Living Index in SofiaLearn more
😐 Solo nomad: Iceland is 105.8% more expensive than Sofia without rent, and 141.7% more expensive with rent.
😐 Family of 3: Iceland is 97% more expensive than Sofia without rent, and 112.4% more expensive with rent.
🍽 Eating Out
Iceland
Sofia
Difference
Meal at Budget Restaurant
$27.37 ISK 3,337
$17.10 BGN 29.93
60.06%
Three-Course Dinner for Two, Mid-Range
$125 ISK 15.2K
$66.9 BGN 117
86.61%
Fast Food Meal (McDonalds, etc)
$24.08 ISK 2,937
$11.77 BGN 20.59
104.59%
Cappuccino
$6.19 ISK 755
$3.42 BGN 5.99
80.99%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.15 ISK 384
$2.42 BGN 4.23
30.17%
Water (0.33 liter bottle)
$2.99 ISK 365
$1.86 BGN 3.26
60.75%
Local Beer (0.5 liter draught)
$12.47 ISK 1,521
$3.33 BGN 5.83
274.47%
Imported Beer (0.33 liter bottle)
$12.50 ISK 1,524
$4.53 BGN 7.92
175.94%
🛒 Groceries & Markets
Iceland
Sofia
Difference
Milk (1 liter)
$2.11 ISK 258
$1.92 BGN 3.36
9.90%
White Bread (500g)
$4.09 ISK 499
$1.51 BGN 2.64
170.86%
Rice (white) (1kg)
$3.45 ISK 421
$2.21 BGN 3.88
56.11%
Eggs
$7.23 ISK 882
$4.40 BGN 7.69
64.32%
Local Cheese (1kg)
$20.83 ISK 2,541
$11.56 BGN 20.22
80.19%
Chicken Fillets (1kg)
$24.61 ISK 3,001
$8.79 BGN 15.38
179.98%
Beef Round Steak (1kg)
$42.36 ISK 5,166
$16.97 BGN 29.71
149.62%
Apples (1kg)
$3.17 ISK 387
$2.17 BGN 3.79
46.08%
Banana (1kg)
$2.72 ISK 332
$2.04 BGN 3.57
33.33%
Oranges (1kg)
$3.20 ISK 390
$1.84 BGN 3.22
73.91%
Tomato (1kg)
$5.94 ISK 724
$4.29 BGN 7.51
38.46%
Potato (1kg)
$3.96 ISK 483
$1.03 BGN 1.80
284.47%
Onion (1kg)
$1.85 ISK 226
$0.93 BGN 1.62
98.92%
Lettuce (1 head)
$3.62 ISK 441
$1.20 BGN 2.11
201.67%
Water (1.5 liter bottle)
$1.93 ISK 236
$0.92 BGN 1.62
109.78%
Cigarettes 20 Pack (Marlboro, Camel)
$14.12 ISK 1,721
$4.30 BGN 7.53
228.37%
Wine (Bottle)
$23.36 ISK 2,849
$7.33 BGN 12.83
218.69%
Local Beer (0.5 liter bottle)
$3.72 ISK 454
$1.18 BGN 2.06
215.25%
Imported Beer (0.33 liter bottle)
$3.25 ISK 396
$1.87 BGN 3.28
73.80%
🚌 Getting Around
Iceland
Sofia
Difference
One-way Ticket (Public Transport)
$5.54 ISK 676
$0.87 BGN 1.52
536.78%
Public Transport Monthly Pass (Regular Price)
$92.7 ISK 11.3K
$28.14 BGN 49.24
229.39%
Taxi Start (Normal Tariff)
$6.87 ISK 838
$1.74 BGN 3.04
294.83%
Taxi (Normal Tariff) (1km)
$2.90 ISK 354
$0.96 BGN 1.68
202.08%
Taxi 1hour Waiting (Normal Tariff)
$81.6 ISK 9,947
$15.54 BGN 27.19
424.84%
Gasoline (1 liter)
$2.36 ISK 288
$1.79 BGN 3.14
31.84%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$50.2K ISK 6.1M
$30.0K BGN 52.5K
67.52%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$53.5K ISK 6.5M
$26.4K BGN 46.1K
103.05%
🧾 Monthly Utilities & Internet
Iceland
Sofia
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$96.5 ISK 11.8K
$156 BGN 273
-38.11%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$30.37 ISK 3,704
$21.21 BGN 37.11
43.19%
Internet (50+ Mbps, Unlimited Data)
$88.0 ISK 10.7K
$15.64 BGN 27.37
462.34%
🎉 Sport & Entertainment
Iceland
Sofia
Difference
Gym Membership (Monthly)
$89.8 ISK 11.0K
$46.76 BGN 81.8
92.13%
Tennis Court (1 Hour on Weekend)
$50.7 ISK 6,183
$27.74 BGN 48.54
82.77%
Cinema Ticket
$18.98 ISK 2,314
$10.02 BGN 17.53
89.42%
🧸 Childcare & Education
Iceland
Sofia
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,053 ISK 128.4K
$766 BGN 1,341
37.43%
International Primary School, 1 Child (Yearly)
$30.4K ISK 3.7M
$12.8K BGN 22.4K
137.90%
👕👟 Clothing & Footwear
Iceland
Sofia
Difference
Jeans (Levis 501 Or Similar)
$154 ISK 18.8K
$89.7 BGN 157
72.23%
Summer Dress (H&M, Zara, etc)
$48.13 ISK 5,869
$40.88 BGN 71.5
17.73%
Sport Shoes (Adidas, Nike)
$175 ISK 21.4K
$106 BGN 186
65.32%
Men's Leather Business Shoes
$231 ISK 28.2K
$105 BGN 183
120.92%
🏠 Accommodation & Living
Iceland
Sofia
Difference
1-bedroom Apartment, City Center (Monthly)
$2,476 ISK 301.9K
$796 BGN 1,393
210.94%
1-bedroom Apartment, Outside City Center (Monthly)
$1,968 ISK 240.0K
$607 BGN 1,063
224.03%
3-bedroom Apartment, City Center (Monthly)
$3,333 ISK 406.4K
$1,563 BGN 2,735
113.20%
3-bedroom Apartment, Outside City Center (Monthly)
$2,708 ISK 330.2K
$1,060 BGN 1,855
155.39%
Buy Apartment in City Center (m2)
$7,695 ISK 938.4K
$4,357 BGN 7,626
76.59%
Buy Apartment Outside City Center (m2)
$6,295 ISK 767.7K
$3,250 BGN 5,688
93.68%
💵 Salaries & Financials
Iceland
Sofia
Difference
Average Monthly Net Salary (After Tax)
$4,795 ISK 584.8K
$1,740 BGN 3,044
175.65%
20-Year Fixed Mortgage Interest Rate (Annual %)
9.29
2.89
221.45%
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for Iceland: October 3, 2026
Last update for Sofia: October 3, 2026
Monthly budget structure
Share of the monthly basket for one person, rent included.
Share of the monthly basket for a family of three, rent included.
Accommodation & Living
Iceland $2K 51.6%
Sofia $607 37.9% 69.1% $1.4K
Groceries & Markets
Iceland $617 16.2%
Sofia $287 17.9% 53.4% $330
Eating Out
Iceland $477 12.5%
Sofia $256 16% 46.4% $221
Clothing & Footwear
Iceland $274 7.2%
Sofia $154 9.6% 44% $121
Monthly Utilities & Internet
Iceland $215 5.6%
Sofia $193 12% 10.3% $22
Getting Around
Iceland $136 3.6%
Sofia $38 2.4% 72% $98
Sport & Entertainment
Iceland $128 3.4%
Sofia $67 4.2% 47.7% $61
Accommodation & Living
Iceland $2.7K 37.8%
Sofia $1.1K 31.3% 60.8% $1.6K
Groceries & Markets
Iceland $1.4K 20.1%
Sofia $681 20.1% 52.5% $754
Eating Out
Iceland $1.6K 22%
Sofia $854 25.2% 45.7% $719
Clothing & Footwear
Iceland $609 8.5%
Sofia $341 10.1% 44% $268
Monthly Utilities & Internet
Iceland $245 3.4%
Sofia $214 6.3% 12.7% $31
Getting Around
Iceland $284 4%
Sofia $78 2.3% 72.5% $206
Sport & Entertainment
Iceland $306 4.3%
Sofia $161 4.8% 47.3% $145
Good to know
🇮🇸 Iceland
🇧🇬 Sofia
Weather
Population
364,260
1,286,383 Capital
Exchange rates and currency converter
On the map
Lowest
Highest
Between locations
- Iceland Sofia 3,700 km ≈ 5 h nonstop flight
From you
- Iceland
- Sofia
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
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