Cost of Living Data for Iceland

Restaurants Value Range
Inexpensive meal 2000.00
21
1400.00 - 2313.00
Mid-range meal 12000.00
16
7308.33 - 15000.00
Meal at McDonalds (Combo) 1500.00
21
1200.00 - 1700.00
Domestic beer 345.42
21
284.81 - 400.00
Imported beer 330.50
27
300.00 - 400.00
Coke/Pepsi 289.35
19
200.00 - 350.00

Transportation Value Range
One-way ticket (local transport) 400.00 350.00 - 400.00
Monthly pass (regular price) 10900.00 9300.00 - 10900.00
Taxi 7020.00 6674.00 - 8980.00
Gasoline 752.00 766.92 - 912.28
Car (VW Golf 1.4 90kW Trendline) 3400000.00 3335000.00 - 3500000.00

Sports and Leisure Value Range
Fitness club (monthly, adult) 7718.47 6500.00 - 10000.00
Tennis court rent 3458.19 2000.00 - 5000.00
Cinema (international release) 1325.00 1200.00 - 1390.00

Rent Per Month Value Range
Apartment (1 bed) city centre 156853.71 70000.00 - 180000.00
Apartment (1 bed) outside centre 119096.31 60000.00 - 150000.00
Apartment (3 bed) city centre 245212.86 170000.00 - 250000.00
Apartment (3 bed) outside centre 192029.70 125000.00 - 200000.00

Salaries and Financing Value Range
Net monthly disposable income 286138.89 240000.00 - 390000.00
Annual mortgage interest rate % 7.20 5.50 - 8.00

Markets Value Range
Milk 568.46
30
469.39 - 749.51
Loaf of fresh white bread 296.29
15
226.80 - 349.27
Dozen eggs 584.50
22
430.92 - 700.00
Local cheese 8.17 €
62
6.98 - 10.00
Chicken breasts (boneless, skinless, 1kg) 978.82
18
811.93 - 1179.34
Water 214.48
18
128.50 - 250.00
Wine 2450.00
19
1800.00 - 3000.00
Cigarettes 1250.00
11
1100.00 - 1400.00

Utilities Value Range
Internet access (monthly, 10Mbps, unlimited) 7355.63 6200.00 - 10000.00
1 minute of pre-paid mobile credit local 0.08 € 0.01 - 0.15
Utilities for 85sq.m. apartment (electricity, heating, waste, water) 12830.95 12558.14 - 21250.00

Clothing and Shoes Value Range
Pair of jeans (Levi) 18136.46 15000.00 - 20000.00
Summer dress in chain store (Zara, H&M) 9073.01 7500.00 - 15000.00
Pair of running shoes (Nike) 21713.93 15000.00 - 24990.00
Pair of business shoes (man, leather) 25005.44 20000.00 - 30000.00

Property Purchase Price Value Range
Price per sq.ft. to buy apartment city centre 35428.22 30657.75 - 37160.91
Price per sq.ft. to buy apartment outside centre 25145.78 18580.45 - 27870.68