Last update: Oct 2026
Cost of Living Comparison Between Iceland and Tbilisi
For one person, living is cheaper in Tbilisi: $1,242 a month against $3,841 in Iceland, rent and utilities included – about $31,200 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 -
Tbilisi Living Index61Cost of Living Index in TbilisiLearn more
😐 Solo nomad: Iceland is 141.3% more expensive than Tbilisi without rent, and 209.3% more expensive with rent.
😐 Family of 3: Iceland is 145.6% more expensive than Tbilisi without rent, and 163.2% more expensive with rent.
🍽 Eating Out
Iceland
Tbilisi
Difference
Meal at Budget Restaurant
$27.37 ISK 3,337
$10.98 ₾28.46
149.27%
Three-Course Dinner for Two, Mid-Range
$125 ISK 15.2K
$38.21 ₾99.0
226.77%
Fast Food Meal (McDonalds, etc)
$24.08 ISK 2,937
$9.58 ₾24.84
151.36%
Cappuccino
$6.19 ISK 755
$3.59 ₾9.31
72.42%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.15 ISK 384
$1.03 ₾2.66
205.83%
Water (0.33 liter bottle)
$2.99 ISK 365
$0.63 ₾1.64
374.60%
Local Beer (0.5 liter draught)
$12.47 ISK 1,521
$2.74 ₾7.10
355.11%
Imported Beer (0.33 liter bottle)
$12.50 ISK 1,524
$3.17 ₾8.22
294.32%
🛒 Groceries & Markets
Iceland
Tbilisi
Difference
Milk (1 liter)
$2.11 ISK 258
$2.13 ₾5.53
-0.94%
White Bread (500g)
$4.09 ISK 499
$0.74 ₾1.91
452.70%
Rice (white) (1kg)
$3.45 ISK 421
$1.72 ₾4.46
100.58%
Eggs
$7.23 ISK 882
$2.78 ₾7.21
160.07%
Local Cheese (1kg)
$20.83 ISK 2,541
$9.48 ₾24.56
119.73%
Chicken Fillets (1kg)
$24.61 ISK 3,001
$6.45 ₾16.71
281.55%
Beef Round Steak (1kg)
$42.36 ISK 5,166
$13.02 ₾33.76
225.35%
Apples (1kg)
$3.17 ISK 387
$1.69 ₾4.37
87.57%
Banana (1kg)
$2.72 ISK 332
$1.84 ₾4.76
47.83%
Oranges (1kg)
$3.20 ISK 390
$1.89 ₾4.90
69.31%
Tomato (1kg)
$5.94 ISK 724
$2.40 ₾6.22
147.50%
Potato (1kg)
$3.96 ISK 483
$0.84 ₾2.17
371.43%
Onion (1kg)
$1.85 ISK 226
$0.68 ₾1.75
172.06%
Lettuce (1 head)
$3.62 ISK 441
$1.42 ₾3.68
154.93%
Water (1.5 liter bottle)
$1.93 ISK 236
$0.77 ₾2.01
150.65%
Cigarettes 20 Pack (Marlboro, Camel)
$14.12 ISK 1,721
$3.56 ₾9.22
296.63%
Wine (Bottle)
$23.36 ISK 2,849
$7.48 ₾19.39
212.30%
Local Beer (0.5 liter bottle)
$3.72 ISK 454
$1.71 ₾4.43
117.54%
Imported Beer (0.33 liter bottle)
$3.25 ISK 396
$2.29 ₾5.94
41.92%
🚌 Getting Around
Iceland
Tbilisi
Difference
One-way Ticket (Public Transport)
$5.54 ISK 676
$0.40 ₾1.04
1285.00%
Public Transport Monthly Pass (Regular Price)
$92.7 ISK 11.3K
$15.15 ₾39.27
511.82%
Taxi Start (Normal Tariff)
$6.87 ISK 838
$1.19 ₾3.08
477.31%
Taxi (Normal Tariff) (1km)
$2.90 ISK 354
$0.78 ₾2.03
271.79%
Taxi 1hour Waiting (Normal Tariff)
$81.6 ISK 9,947
$11.77 ₾30.50
592.95%
Gasoline (1 liter)
$2.36 ISK 288
$1.41 ₾3.65
67.38%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$50.2K ISK 6.1M
$24.3K ₾62.9K
107.09%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$53.5K ISK 6.5M
$21.7K ₾56.3K
146.26%
🧾 Monthly Utilities & Internet
Iceland
Tbilisi
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$96.5 ISK 11.8K
$87.6 ₾227
10.16%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$30.37 ISK 3,704
$13.33 ₾34.55
127.83%
Internet (50+ Mbps, Unlimited Data)
$88.0 ISK 10.7K
$19.51 ₾50.6
350.79%
🎉 Sport & Entertainment
Iceland
Tbilisi
Difference
Gym Membership (Monthly)
$89.8 ISK 11.0K
$64.7 ₾168
38.86%
Tennis Court (1 Hour on Weekend)
$50.7 ISK 6,183
$18.85 ₾48.86
168.97%
Cinema Ticket
$18.98 ISK 2,314
$6.55 ₾16.97
189.77%
🧸 Childcare & Education
Iceland
Tbilisi
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,053 ISK 128.4K
$377 ₾978
179.25%
International Primary School, 1 Child (Yearly)
$30.4K ISK 3.7M
$10.6K ₾27.5K
186.19%
👕👟 Clothing & Footwear
Iceland
Tbilisi
Difference
Jeans (Levis 501 Or Similar)
$154 ISK 18.8K
$102 ₾265
51.12%
Summer Dress (H&M, Zara, etc)
$48.13 ISK 5,869
$40.36 ₾105
19.25%
Sport Shoes (Adidas, Nike)
$175 ISK 21.4K
$117 ₾302
50.37%
Men's Leather Business Shoes
$231 ISK 28.2K
$121 ₾314
90.91%
🏠 Accommodation & Living
Iceland
Tbilisi
Difference
1-bedroom Apartment, City Center (Monthly)
$2,476 ISK 301.9K
$675 ₾1,749
266.98%
1-bedroom Apartment, Outside City Center (Monthly)
$1,968 ISK 240.0K
$451 ₾1,170
335.99%
3-bedroom Apartment, City Center (Monthly)
$3,333 ISK 406.4K
$1,275 ₾3,305
161.33%
3-bedroom Apartment, Outside City Center (Monthly)
$2,708 ISK 330.2K
$883 ₾2,288
206.74%
Buy Apartment in City Center (m2)
$7,695 ISK 938.4K
$2,415 ₾6,259
218.66%
Buy Apartment Outside City Center (m2)
$6,295 ISK 767.7K
$1,404 ₾3,640
348.33%
💵 Salaries & Financials
Iceland
Tbilisi
Difference
Average Monthly Net Salary (After Tax)
$4,795 ISK 584.8K
$706 ₾1,830
579.25%
20-Year Fixed Mortgage Interest Rate (Annual %)
9.29
12.62
-26.39%
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for Iceland: October 3, 2026
Last update for Tbilisi: October 4, 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%
Tbilisi $451 35.8% 77.1% $1.5K
Groceries & Markets
Iceland $617 16.2%
Tbilisi $232 18.4% 62.3% $385
Eating Out
Iceland $477 12.5%
Tbilisi $186 14.8% 61% $291
Clothing & Footwear
Iceland $274 7.2%
Tbilisi $171 13.6% 37.6% $103
Monthly Utilities & Internet
Iceland $215 5.6%
Tbilisi $120 9.6% 43.9% $94
Getting Around
Iceland $136 3.6%
Tbilisi $22 1.7% 84% $114
Sport & Entertainment
Iceland $128 3.4%
Tbilisi $78 6.2% 39.1% $50
Accommodation & Living
Iceland $2.7K 37.8%
Tbilisi $883 32.4% 67.4% $1.8K
Groceries & Markets
Iceland $1.4K 20.1%
Tbilisi $541 19.9% 62.3% $895
Eating Out
Iceland $1.6K 22%
Tbilisi $567 20.8% 63.9% $1K
Clothing & Footwear
Iceland $609 8.5%
Tbilisi $380 14% 37.6% $229
Monthly Utilities & Internet
Iceland $245 3.4%
Tbilisi $134 4.9% 45.4% $111
Getting Around
Iceland $284 4%
Tbilisi $45 1.6% 84.3% $239
Sport & Entertainment
Iceland $306 4.3%
Tbilisi $174 6.4% 43% $132
Good to know
🇮🇸 Iceland
🇬🇪 Tbilisi
Weather
Population
364,260
1,241,700 Capital
Exchange rates and currency converter
On the map
Lowest
Highest
Between locations
- Iceland Tbilisi 4,820 km ≈ 7 h nonstop flight
From you
- Iceland
- Tbilisi
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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