Cost of Living in Iceland vs Israel comparison

$3,224

Iceland

Explore Iceland, a captivating country with a population of 364,260. Embrace a comfortable lifestyle with an average cost of living at $3224 and a median after-tax salary of $3030.17. Enjoy dining at diverse restaurants for $150, shop for essentials at bustling markets with an average of $114, and entrust your childcare needs to facilities costing approximately $5310annually. Keep your wardrobe fresh with a clothing budget of $468and secure a lovely home for $5842per month. Iceland also offers an attractive average salary of $3030.17. Immerse yourself in the beauty of Iceland, where rich culture meets affordability.

$2,925

Israel

Discover Israel, a captivating country with a population of 9,187,000. Experience a comfortable way of life, where the average cost of living stands at $2925, and the median after-tax salary amounts to $2588.21. Savor the culinary delights of Israel at various restaurants for an average of $143, explore bustling markets with essentials priced at around $95, and entrust your childcare needs to facilities costing approximately $10238annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $5277per month. Israel also boasts an appealing average salary of $2588.21. Immerse yourself in the beauty of Israel, where affordability and cultural richness converge.

restaurant
$ 150
Restaurants
restaurant
$ 143
Restaurants
store
$ 114
Markets
store
$ 95
Markets
child_friendly
$ 5,310
Childcare
child_friendly
$ 10,238
Childcare
checkroom
$ 468
Clothing
checkroom
$ 389
Clothing
night_shelter
$ 5,842
Rent Per Month
night_shelter
$ 5,277
Rent Per Month
account_balance_wallet
$ 3,030
Salaries
account_balance_wallet
$ 2,588
Salaries
Iceland VS Israel
restaurant

Restaurants

Iceland

Israel

Difference

Meal, Inexpensive Restaurant

17.12 $ 17.14 $ --

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

95.86 $ 85.7 $ 11 %

McMeal at McDonalds (or Equivalent Combo Meal)

13.69 $ 15.71 $ -12 %

Domestic Beer (1 pint draught)

8.22 $ 8.57 $ -4 %

Imported Beer (12 oz small bottle)

7.19 $ 8.0 $ -10 %

Cappuccino (regular)

4.17 $ 3.7 $ 12 %

Coke/Pepsi (12 oz small bottle)

2.36 $ 2.65 $ -10 %

Water (12 oz small bottle)

1.85 $ 1.99 $ -7 %
store

Markets

Iceland

Israel

Difference

Milk (regular), (1 gallon)

1.34 $ 1.72 $ -22 %

Loaf of Fresh White Bread (1 lb)

3.02 $ 2.3 $ 31 %

Rice (white), (1 lb)

2.77 $ 2.67 $ 3 %

Eggs (regular) (12)

5.06 $ 3.76 $ 34 %

Local Cheese (1 lb)

12.49 $ 14.0 $ -10 %

Chicken Fillets (1 lb)

15.37 $ 10.13 $ 51 %

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

22.77 $ 19.54 $ 16 %

Apples (1 lb)

2.76 $ 3.09 $ -10 %

Banana (1 lb)

2.07 $ 2.25 $ -8 %

Oranges (1 lb)

2.24 $ 1.84 $ 21 %

Tomato (1 lb)

4.0 $ 1.77 $ 125 %

Potato (1 lb)

2.33 $ 1.32 $ 76 %

Onion (1 lb)

1.26 $ 1.16 $ 8 %

Lettuce (1 head)

2.36 $ 1.68 $ 40 %

Water (1.5 liter bottle)

1.71 $ 1.36 $ 25 %

Bottle of Wine (Mid-Range)

17.12 $ 11.43 $ 49 %

Domestic Beer (0.5 liter bottle)

2.87 $ 2.52 $ 13 %

Imported Beer (12 oz small bottle)

2.5 $ 3.14 $ -20 %

Cigarettes 20 Pack (Marlboro)

10.54 $ 10.0 $ 5 %
commute

Transportation

Iceland

Israel

Difference

One-way Ticket (Local Transport)

3.36 $ 1.71 $ 96 %

Monthly Pass (Regular Price)

54.78 $ 60.84 $ -9 %

Taxi Start (Normal Tariff)

5.07 $ 4.28 $ 18 %

Taxi 1 mile (Normal Tariff)

2.4 $ 1.14 $ 110 %

Taxi 1hour Waiting (Normal Tariff)

54.23 $ 28.57 $ 89 %

Gasoline (1 gallon)

2.02 $ 1.99 $ 1 %

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

28757.27 $ 39277.13 $ -26 %

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

32047.42 $ 39574.0 $ -19 %
mark_as_unread

Utilities (Monthly)

Iceland

Israel

Difference

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

106.62 $ 230.39 $ -53 %

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

0.15 $ 0.09 $ 66 %

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

64.03 $ 27.93 $ 129 %
kitesurfing

Sports And Leisure

Iceland

Israel

Difference

Fitness Club, Monthly Fee for 1 Adult

58.92 $ 67.91 $ -13 %

Tennis Court Rent (1 Hour on Weekend)

31.67 $ 18.97 $ 66 %

Cinema, International Release, 1 Seat

11.64 $ 12.0 $ -2 %
child_friendly

Childcare

Iceland

Israel

Difference

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

262.47 $ 888.79 $ -70 %

International Primary School, Yearly for 1 Child

5048.5 $ 9349.68 $ -46 %
checkroom

Clothing And Shoes

Iceland

Israel

Difference

1 Pair of Jeans (Levis 501 Or Similar)

107.87 $ 86.99 $ 24 %

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

50.21 $ 58.23 $ -13 %

1 Pair of Nike Running Shoes (Mid-Range)

139.95 $ 115.78 $ 20 %

1 Pair of Men Leather Business Shoes

170.67 $ 128.95 $ 32 %
night_shelter

Rent Per Month

Iceland

Israel

Difference

Apartment (1 bedroom) in City Centre

1307.6 $ 1128.31 $ 15 %

Apartment (1 bedroom) Outside of Centre

1057.94 $ 924.34 $ 14 %

Apartment (3 bedrooms) in City Centre

1854.8 $ 1773.75 $ 4 %

Apartment (3 bedrooms) Outside of Centre

1622.55 $ 1450.7 $ 11 %
home

Buy Apartment Price

Iceland

Israel

Difference

Price per Square Feet to Buy Apartment in City Centre

4884.47 $ 7726.81 $ -36 %

Price per Square Feet to Buy Apartment Outside of Centre

3742.8 $ 6256.45 $ -40 %
account_balance_wallet

Salaries And Financing

Iceland

Israel

Difference

Average Monthly Net Salary (After Tax)

3030.17 $ 2588.21 $ 17 %

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

5.55 % 3.5 % 58 %