Cost of Living in Denmark vs Iceland comparison

$2,581

Denmark

Explore Denmark, a captivating country with a population of 5,827,463. Embrace a comfortable lifestyle with an average cost of living at $2581 and a median after-tax salary of $3066.08. Enjoy dining at diverse restaurants for $129, shop for essentials at bustling markets with an average of $77, and entrust your childcare needs to facilities costing approximately $5523annually. Keep your wardrobe fresh with a clothing budget of $345and secure a lovely home for $4621per month. Denmark also offers an attractive average salary of $3066.08. Immerse yourself in the beauty of Denmark, where rich culture meets affordability.

$3,224

Iceland

Discover Iceland, a captivating country with a population of 364,260. Experience a comfortable way of life, where the average cost of living stands at $3224, and the median after-tax salary amounts to $3030.17. Savor the culinary delights of Iceland at various restaurants for an average of $150, explore bustling markets with essentials priced at around $114, and entrust your childcare needs to facilities costing approximately $5310annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $5842per month. Iceland also boasts an appealing average salary of $3030.17. Immerse yourself in the beauty of Iceland, where affordability and cultural richness converge.

restaurant
$ 129
Restaurants
restaurant
$ 150
Restaurants
store
$ 77
Markets
store
$ 114
Markets
child_friendly
$ 5,523
Childcare
child_friendly
$ 5,310
Childcare
checkroom
$ 345
Clothing
checkroom
$ 468
Clothing
night_shelter
$ 4,621
Rent Per Month
night_shelter
$ 5,842
Rent Per Month
account_balance_wallet
$ 3,066
Salaries
account_balance_wallet
$ 3,030
Salaries
Denmark VS Iceland
restaurant

Restaurants

Denmark

Iceland

Difference

Meal, Inexpensive Restaurant

16.7 $ 17.12 $ -2 %

Meal for 2 People, Mid-range Restaurant, Three-course

80.26 $ 95.86 $ -16 %

McMeal at McDonalds (or Equivalent Combo Meal)

10.27 $ 13.69 $ -24 %

Domestic Beer (1 pint draught)

6.42 $ 8.22 $ -21 %

Imported Beer (12 oz small bottle)

5.78 $ 7.19 $ -19 %

Cappuccino (regular)

4.86 $ 4.17 $ 16 %

Coke/Pepsi (12 oz small bottle)

3.04 $ 2.36 $ 28 %

Water (12 oz small bottle)

2.49 $ 1.85 $ 34 %
store

Markets

Denmark

Iceland

Difference

Milk (regular), (1 gallon)

1.42 $ 1.34 $ 5 %

Loaf of Fresh White Bread (1 lb)

2.43 $ 3.02 $ -19 %

Rice (white), (1 lb)

2.0 $ 2.77 $ -27 %

Eggs (regular) (12)

3.52 $ 5.06 $ -30 %

Local Cheese (1 lb)

10.27 $ 12.49 $ -17 %

Chicken Fillets (1 lb)

9.04 $ 15.37 $ -41 %

Beef Round (1 lb) (or Equivalent Back Leg Red Meat)

13.03 $ 22.77 $ -42 %

Apples (1 lb)

2.55 $ 2.76 $ -7 %

Banana (1 lb)

2.59 $ 2.07 $ 25 %

Oranges (1 lb)

2.6 $ 2.24 $ 16 %

Tomato (1 lb)

3.35 $ 4.0 $ -16 %

Potato (1 lb)

1.66 $ 2.33 $ -28 %

Onion (1 lb)

1.4 $ 1.26 $ 11 %

Lettuce (1 head)

1.62 $ 2.36 $ -31 %

Water (1.5 liter bottle)

1.19 $ 1.71 $ -30 %

Bottle of Wine (Mid-Range)

7.71 $ 17.12 $ -54 %

Domestic Beer (0.5 liter bottle)

1.53 $ 2.87 $ -46 %

Imported Beer (12 oz small bottle)

2.05 $ 2.5 $ -18 %

Cigarettes 20 Pack (Marlboro)

7.45 $ 10.54 $ -29 %
commute

Transportation

Denmark

Iceland

Difference

One-way Ticket (Local Transport)

3.08 $ 3.36 $ -8 %

Monthly Pass (Regular Price)

64.21 $ 54.78 $ 17 %

Taxi Start (Normal Tariff)

6.42 $ 5.07 $ 26 %

Taxi 1 mile (Normal Tariff)

1.86 $ 2.4 $ -22 %

Taxi 1hour Waiting (Normal Tariff)

57.79 $ 54.23 $ 6 %

Gasoline (1 gallon)

1.92 $ 2.02 $ -4 %

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)

35829.91 $ 28757.27 $ 24 %

Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)

34984.72 $ 32047.42 $ 9 %
mark_as_unread

Utilities (Monthly)

Denmark

Iceland

Difference

Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment

171.11 $ 106.62 $ 60 %

1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)

0.11 $ 0.15 $ -26 %

Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)

30.62 $ 64.03 $ -52 %
kitesurfing

Sports And Leisure

Denmark

Iceland

Difference

Fitness Club, Monthly Fee for 1 Adult

31.95 $ 58.92 $ -45 %

Tennis Court Rent (1 Hour on Weekend)

21.28 $ 31.67 $ -32 %

Cinema, International Release, 1 Seat

14.13 $ 11.64 $ 21 %
child_friendly

Childcare

Denmark

Iceland

Difference

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

394.34 $ 262.47 $ 50 %

International Primary School, Yearly for 1 Child

5129.1 $ 5048.5 $ 1 %
checkroom

Clothing And Shoes

Denmark

Iceland

Difference

1 Pair of Jeans (Levis 501 Or Similar)

88.6 $ 107.87 $ -17 %

1 Summer Dress in a Chain Store (Zara, H&M, ...)

38.98 $ 50.21 $ -22 %

1 Pair of Nike Running Shoes (Mid-Range)

90.51 $ 139.95 $ -35 %

1 Pair of Men Leather Business Shoes

127.07 $ 170.67 $ -25 %
night_shelter

Rent Per Month

Denmark

Iceland

Difference

Apartment (1 bedroom) in City Centre

954.28 $ 1307.6 $ -27 %

Apartment (1 bedroom) Outside of Centre

705.22 $ 1057.94 $ -33 %

Apartment (3 bedrooms) in City Centre

1679.04 $ 1854.8 $ -9 %

Apartment (3 bedrooms) Outside of Centre

1282.9 $ 1622.55 $ -20 %
home

Buy Apartment Price

Denmark

Iceland

Difference

Price per Square Feet to Buy Apartment in City Centre

4588.33 $ 4884.47 $ -6 %

Price per Square Feet to Buy Apartment Outside of Centre

3285.33 $ 3742.8 $ -12 %
account_balance_wallet

Salaries And Financing

Denmark

Iceland

Difference

Average Monthly Net Salary (After Tax)

3066.08 $ 3030.17 $ 1 %

Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate

1.66 % 5.55 % -70 %