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

Name: Iceland
Address: IS

🙂 Solo nomad: India is 83.1% cheaper than Iceland without rent, and 88% cheaper with rent.

🙂 Family of 3: India is 83.8% cheaper than Iceland without rent, and 85.6% cheaper with rent.

Meal at Budget Restaurant

$2.49 ₹213

$26.87 ISK 3,353

-90.73%

Three-Course Dinner for Two, Mid-Range

$14.06 ₹1,202

$126 ISK 15.7K

-88.86%

Fast Food Meal (McDonalds, etc)

$4.1 ₹351

$20.34 ISK 2,538

-79.84%

Cappuccino

$1.82 ₹156

$6.09 ISK 760

-70.11%

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

$0.44 ₹37.72

$3.36 ISK 419

-86.90%

Water (0.33 liter bottle)

$0.17 ₹14.36

$2.7 ISK 337

-93.70%

Local Beer (0.5 liter draught)

$1.94 ₹166

$12.07 ISK 1,506

-83.93%

Imported Beer (0.33 liter bottle)

$3.53 ₹302

$10.47 ISK 1,306

-66.28%

Milk (1 liter)

$0.73 ₹62.1

$1.95 ISK 243

-62.56%

White Bread (500g)

$0.48 ₹41.19

$4.07 ISK 508

-88.21%

Rice (white) (1kg)

$0.72 ₹61.4

$3.48 ISK 434

-79.31%

Eggs

$0.94 ₹80.1

$6.36 ISK 793

-85.22%

Local Cheese (1kg)

$5.23 ₹448

$18.36 ISK 2,290

-71.51%

Chicken Fillets (1kg)

$3.14 ₹269

$24.71 ISK 3,082

-87.29%

Beef Round Steak (1kg)

$42.1 ISK 5,251

Apples (1kg)

$2.2 ₹188

$3.18 ISK 397

-30.82%

Banana (1kg)

$0.72 ₹61.2

$2.49 ISK 310

-71.08%

Oranges (1kg)

$1.09 ₹93.2

$2.92 ISK 365

-62.67%

Tomato (1kg)

$0.57 ₹49.11

$4.86 ISK 606

-88.27%

Potato (1kg)

$0.42 ₹36.21

$3.68 ISK 460

-88.59%

Onion (1kg)

$0.45 ₹38.73

$2.26 ISK 281

-80.09%

Lettuce (1 head)

$0.55 ₹46.97

$3.17 ISK 396

-82.65%

Water (1.5 liter bottle)

$0.33 ₹27.96

$2.2 ISK 274

-85.00%

Cigarettes 20 Pack (Marlboro, Camel)

$4.08 ₹349

$14.05 ISK 1,753

-70.96%

Wine (Bottle)

$7.99 ₹683

$24.13 ISK 3,010

-66.89%

Local Beer (0.5 liter bottle)

$1.92 ₹164

$3.63 ISK 453

-47.11%

Imported Beer (0.33 liter bottle)

$2.89 ₹248

$3.21 ISK 401

-9.97%

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

$5.92 ₹506

One-way Ticket (Public Transport)

$0.34 ₹28.83

$5.24 ISK 653

-93.51%

Public Transport Monthly Pass (Regular Price)

$10.01 ₹856

$84.3 ISK 10.5K

-88.13%

Taxi Start (Normal Tariff)

$0.97 ₹83

$6.26 ISK 781

-84.50%

Taxi (Normal Tariff) (1km)

$0.28 ₹23.62

$2.37 ISK 296

-88.19%

Taxi 1hour Waiting (Normal Tariff)

$1.77 ₹151

$86.5 ISK 10.8K

-97.95%

Gasoline (1 liter)

$1.24 ₹106

$2.46 ISK 307

-49.59%

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

$14K ₹1.2M

$47.9K ISK 6M

-70.72%

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

$22.2K ₹1.9M

$54K ISK 6.7M

-58.88%

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

$40.79 ₹3,489

$90.4 ISK 11.3K

-54.88%

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

$3.79 ₹324

$27.54 ISK 3,435

-86.24%

Internet (50+ Mbps, Unlimited Data)

$8.13 ₹695

$85.9 ISK 10.7K

-90.53%

Gym Membership (Monthly)

$16 ₹1,368

$81.8 ISK 10.2K

-80.44%

Tennis Court (1 Hour on Weekend)

$7.59 ₹649

$37.74 ISK 4,708

-79.89%

Cinema Ticket

$3.45 ₹295

$17.35 ISK 2,164

-80.12%

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

$69.7 ₹5,958

$348 ISK 43.4K

-79.96%

International Primary School, 1 Child (Yearly)

$1,847 ₹158K

$29.5K ISK 3.7M

-93.74%

Jeans (Levis 501 Or Similar)

$25.29 ₹2,163

$137 ISK 17.1K

-81.52%

Summer Dress (H&M, Zara, etc)

$26.99 ₹2,309

$64.2 ISK 8,005

-57.94%

Sport Shoes (Adidas, Nike)

$44.67 ₹3,821

$171 ISK 21.4K

-73.93%

Men's Leather Business Shoes

$33.23 ₹2,842

$254 ISK 31.6K

-86.90%

1-bedroom Apartment, City Center (Monthly)

$179 ₹15.3K

$2,216 ISK 276.4K

-91.91%

1-bedroom Apartment, Outside City Center (Monthly)

$114 ₹9,770

$2,002 ISK 249.8K

-94.30%

3-bedroom Apartment, City Center (Monthly)

$414 ₹35.4K

$3,148 ISK 392.7K

-86.84%

3-bedroom Apartment, Outside City Center (Monthly)

$260 ₹22.2K

$2,722 ISK 339.5K

-90.45%

Buy Apartment in City Center (m2)

$1,499 ₹128.2K

$7,550 ISK 941.9K

-80.14%

Buy Apartment Outside City Center (m2)

$830 ₹71K

$6,306 ISK 786.7K

-86.83%

Average Monthly Net Salary (After Tax)

$500 ₹42.8K

$4,591 ISK 572.7K

-89.10%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.02

9.88

-8.70%

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

Last update for India: October 29, 2025

Last update for Iceland: October 28, 2025

Similar cities

Kolkata (Calcutta)

🇮🇳 India

Bhubaneswar

🇮🇳 India

Chandigarh

🇮🇳 India

Surat

🇮🇳 India

Indore

🇮🇳 India

Vadodara

🇮🇳 India

Kochi

🇮🇳 India

Dehradun

🇮🇳 India