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Is a salary of ISK 700,000 (USD 5,330, EUR 4,940) a month enough to cover the basics? In United States, approximately 87.3% of the population has internet access as of 2018. The World Factbook, Internal Revenue Service, Directorate of Internal Revenue. > In Iceland, that number is 83 years (81 years for men, 86 years for women) as of 2020. In Iceland, that number is 4,970 km. Family of four estimated monthly costs: $6,292 (871,256 kr) Single person estimated monthly costs: $2,896 (401,061 kr) WARNING! United States vs Iceland, Copyright © 2009-2020 Numbeo. Comparison You just need to type Iceland and United States in our compare tool to find pertinent information in an easy to understand list format. What do I need to know when travelling to Iceland in 2020 Post COVID-19? The University of Iceland in Reykjavik is the main institution for both local and international students. This country had 2020 entries in the past 12 months by 227 different contributors. United States spends 5.0% of its total GDP on education as of 2014. You just need to type Iceland and United States in our compare tool to find pertinent information in an easy to understand list format. We average the price of thousands of data points entered by users across the world. Privacy Policy. While it is difficult to make sweeping statements about the cost of various medical procedures in the US, factoring in regulations and insurance options in different states, a brief online search, with conservative estimates, reveals that my daughter’s routine surgery costs around $4,000 to $6,000 (530,000 to 790,000 ISK). For more on taxation, visit rsk.is. Please enter price information for your location (Hong Kong) to help assist us in making these comparisons more accurate. … Rent in Iceland is, on average, 2.55% lower than in United States. 55.84 Ranked 30th. A single person can expect to spend ISK 137,000 (USD 1,050, EUR 970) a month on food, clothes, medical services, recreation, transport, communication, and other services. Based on these figures, you can accept the job offer, knowing that you’ll have much more money to spare than the average person in Iceland. Breakdown of prices in Reykjavik, Iceland for housing, food, transportation, going out for September 2020. Literacy, longevity, and social cohesion are first rate by world standards. Reykjavik is 34% cheaper than New York City. We provide several metrics to compare the cost of living including cost of groceries, transportation, and more. (1 kg), Tomatoes In Iceland, about 99.0% do as of 2018. How big is Iceland compared to United States? Your use of this service is subject to our Your use of this service is subject to our, Meal for 2 People, Mid-range Restaurant, Three-course, McMeal at McDonalds (or Equivalent Combo Meal), Beef Round (1kg) (or Equivalent Back Leg Red Meat), Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car), Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car), Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment, 1 min. Signing in allows you to ask questions in our community, contribute to our cost of living database, and more. (1 liter), Boneless chicken breast Explore similarities and differences. A: According to Iceland Statistics, the average wage in Iceland is ISK 415,000 (US 3,160 EUR 2,930) before tax per month, so the offer you received is well above that. In Iceland, on the other hand, 2.1 children do as of 2020. Fallout from the Askja volcano of 1875 devastated the Icelandic economy and caused widespread famine. MyLifeElsewhere is a collaborative project. ItalianoCosto della Vita in Islanda All rights reserved. (1 kg), Oranges That out of the way, here it goes: How can I buy a cheap second-hand car in Iceland? (0.33 liter), Local cheese United States has a total of 19,924 km of coastline. Add data for Iceland. $3,258.85 Ranked 12th. This is quite obvious that in the biggest cities like Reykjavik the expenses are higher and vice versa, we spend less money living on the countryside or outside the city. Terms of Use and (1 kg), Potatoes It's a free, question-and-answer based forum to discuss United States has a GDP per capita of $59,800 as of 2017, while in Iceland, the GDP per capita is $52,200 as of 2017. These estimates are based on data that may have some inconsistencies at the moment. Copyright © 2019 CostToTravel. Cost of living in United States compared to Iceland. Cost of living in United States compared to Ireland. If you lived in Iceland instead of United States, you would: The statistics used to build this comparison are calculated using data from users just like you. Derek, Ireland. United States has a top tax rate of 39.6% as of 2016. 50% more than Iceland Basic utilities > Garbage, water, heating, electricity for 85 sqm apartment: $131.86 Ranked 61st. It's a free, question-and-answer based forum to discuss is the largest difference in the living cost comparision between Iceland & United States, Send us the info so we can update the site. Your use of this service is subject to our > Consumer Prices in Iceland are 26.23% higher than in United States: Consumer Prices Including Rent in Iceland are 16.30% higher than in United States: Rent Prices in Iceland are 2.78% lower than in United States: Restaurant Prices in Iceland are 43.04% higher than in United States: Groceries Prices in Iceland are 17.76% higher than in United States In Iceland, that number is 2.8% as of 2017. (65 m2 apartment). Prices in Iceland. (1 liter), New Volkswagen Golf 1.4 (standard edition), Taxi trip in downtown area Cost of living in Iceland is 27.34% higher than in Italy (aggregate data for all cities, rent is not taken into account). I mean, all things considered, between rent (we are renting, at still at first), bills (we will need a 24/24 Internet connection), cost of living… A family costs: $5,146 per month. (1 kg), Gasoline Iceland United States Average monthly disposable salary > After tax: $2,176.15 Ranked 37th. If you want to compare the cost of Living in Iceland VS United States, please visit our page and find comprehensive information related to the prices of the groceries, taxi fare, hotel prices, and compare easily. United States and Iceland living comparison. I have read plenty of posts about cost of living in Iceland, but I would like to ask real-life cost of living, in your experience. Q: I’ve recently been offered a job in Iceland and have been looking into the cost of living, which is quite high compared to many other European countries.Is a salary of ISK 700,000 (USD 5,330, EUR 4,940) a month enough to cover the basics? Signing in allows you to ask questions in our community, contribute to our cost of living database, and more. For comparable figures for families check this website. We use cookies to improve our services. An online tool for calculating the transportation cost between 2 cities or travel destinations. of Prepaid Mobile Tariff Local (No Discounts or Plans), Internet (60 Mbps or More, Unlimited Data, Cable/ADSL), Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child, International Primary School, Yearly for 1 Child, 1 Summer Dress in a Chain Store (Zara, H&M, ...), Price per Square Meter to Buy Apartment in City Centre, Price per Square Meter to Buy Apartment Outside of Centre, Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate.

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