Cost of living comparison
India is 75.8% cheaper than Iceland overall.
- Restaurants
-
pay 85.6% less in India
- Groceries
-
pay 70.8% less in India
- Transportation
-
pay 71.0% less in India
- Housing
-
pay 81.2% less in India
- Childcare
-
pay 76.2% less in India
- Entertainment and Sports
-
pay 73.4% less in India
- Clothing
-
pay 72.7% less in India
Expenses including restaurants, housing, childcare, entertainment and sports, clothing, and transportation are lower in India.
If you lived in India instead of Iceland, you would:
pay 85.6% less for restaurants
|
Iceland
|
India
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
€16.80
ISK2,418
|
€2.08
₹206.70
|
|
|
Fast food combo meal
McDonalds, or similar
|
€14.67
ISK2,112
|
€3.38
₹336.10
|
|
| Bottle of Coca-Cola (0.33 liter) |
€2.43
ISK350
|
€0.34
₹34.12
|
|
| Bottle of water (0.33 liter) |
€1.75
ISK252
|
€0.14
₹14.31
|
|
pay 70.8% less for groceries
|
Iceland
|
India
|
||
|---|---|---|---|
|
Bread
1 loaf
|
€2.56
ISK368
|
€0.40
₹39.67
|
|
| Local cheese (500 grams) |
€6.29
ISK906
|
€2.20
₹218.62
|
|
| Milk (1 liter) |
€1.37
ISK198
|
€0.59
₹58.23
|
|
|
Eggs
1 dozen
|
€4.69
ISK675
|
€0.81
₹80.89
|
|
| Boneless chicken breast (1 kg) |
€16.24
ISK2,338
|
€2.61
₹259.35
|
|
| Apples (1 kg) |
€2.34
ISK336
|
€1.69
₹167.74
|
|
| Bananas (1 kg) |
€1.96
ISK282
|
€0.62
₹61.59
|
|
| Oranges (1 kg) |
€2.24
ISK322
|
€0.91
₹90.40
|
|
| Tomatoes (1 kg) |
€3.58
ISK515
|
€0.46
₹45.81
|
|
| Potatoes (1 kg) |
€2.36
ISK339
|
€0.31
₹31.04
|
|
| Onions (1 kg) |
€1.50
ISK216
|
€0.36
₹35.63
|
|
pay 71.0% less for transportation
|
Iceland
|
India
|
||
|---|---|---|---|
| Gasoline (1 liter) |
€1.91
ISK275
|
€1.06
₹105.03
|
|
| Monthly public transit pass |
€61.72
ISK8,885
|
€8.77
₹871.86
|
|
| New Volkswagen Golf 1.4 (standard edition) |
€35,205.55
ISK5,068,351
|
€11,710.95
₹1,164,829.12
|
|
| Taxi trip in downtown area (8 km) |
€19.08
ISK2,747
|
€2.54
₹253.09
|
|
pay 81.2% less for housing
|
Iceland
|
India
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
€62.49
ISK8,997
|
€6.39
₹636.02
|
|
| 1-Bedroom apartment in downtown area |
€1,591.44
ISK229,111
|
€119.53
₹11,889.24
|
|
| 1-Bedroom apartment outside city center |
€1,296.83
ISK186,697
|
€78.21
₹7,779.46
|
|
|
Utilities for two
(65 m2 apartment)
including electric, gas, water, heating
|
€50.23
ISK7,231
|
€25.95
₹2,580.93
|
|
pay 76.2% less for childcare
|
Iceland
|
India
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
€223.53
ISK32,180
|
€48.25
₹4,799.38
|
|
| Middle school for 1 child, two semesters |
€5,189.83
ISK747,151
|
€1,355.50
₹134,825.17
|
|
pay 73.4% less for entertainment and sports
|
Iceland
|
India
|
||
|---|---|---|---|
| Domestic/local beer |
€7.96
ISK1,145
|
€1.59
₹158.12
|
|
| Cappuccino in mid-range area |
€4.02
ISK579
|
€1.37
₹136.63
|
|
|
Pack of cigarettes
Marlboro or similar
|
€10.18
ISK1,465
|
€3.11
₹309.20
|
|
| Monthly membership at local gym |
€53.21
ISK7,661
|
€13.27
₹1,320.28
|
|
| Movie ticket to theater/cinema |
€12.42
ISK1,789
|
€2.90
₹288.70
|
|
pay 72.7% less for clothing
|
Iceland
|
India
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
€96.31
ISK13,865
|
€20.80
₹2,068.88
|
|
|
Regular dress
from H&M or similar store
|
€51.68
ISK7,440
|
€21.96
₹2,184.24
|
|
|
Running shoes
Nike or Adidas
|
€128.14
ISK18,448
|
€36.03
₹3,584.08
|
|
| Men's business shoes (leather) |
€159.74
ISK22,997
|
€26.94
₹2,679.78
|
|
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