Cost of Living in Iceland vs Nepal 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.

$735

Nepal

Discover Nepal, a captivating country with a population of 30,327,877. Experience a comfortable way of life, where the average cost of living stands at $735, and the median after-tax salary amounts to $191.02. Savor the culinary delights of Nepal at various restaurants for an average of $31, explore bustling markets with essentials priced at around $38, and entrust your childcare needs to facilities costing approximately $2903annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $632per month. Nepal also boasts an appealing average salary of $191.02. Immerse yourself in the beauty of Nepal, where affordability and cultural richness converge.

restaurant
$ 150
Restaurants
restaurant
$ 31
Restaurants
store
$ 114
Markets
store
$ 38
Markets
child_friendly
$ 5,310
Childcare
child_friendly
$ 2,903
Childcare
checkroom
$ 468
Clothing
checkroom
$ 120
Clothing
night_shelter
$ 5,842
Rent Per Month
night_shelter
$ 632
Rent Per Month
account_balance_wallet
$ 3,030
Salaries
account_balance_wallet
$ 191
Salaries
Iceland VS Nepal
restaurant

Restaurants

Iceland

Nepal

Difference

Meal, Inexpensive Restaurant

17.12 $ 1.9 $ 801 %

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

95.86 $ 15.23 $ 529 %

McMeal at McDonalds (or Equivalent Combo Meal)

13.69 $ 6.85 $ 99 %

Domestic Beer (1 pint draught)

8.22 $ 2.29 $ 258 %

Imported Beer (12 oz small bottle)

7.19 $ 3.05 $ 135 %

Cappuccino (regular)

4.17 $ 1.37 $ 204 %

Coke/Pepsi (12 oz small bottle)

2.36 $ 0.43 $ 448 %

Water (12 oz small bottle)

1.85 $ 0.18 $ 927 %
store

Markets

Iceland

Nepal

Difference

Milk (regular), (1 gallon)

1.34 $ 0.7 $ 91 %

Loaf of Fresh White Bread (1 lb)

3.02 $ 0.46 $ 556 %

Rice (white), (1 lb)

2.77 $ 0.69 $ 301 %

Eggs (regular) (12)

5.06 $ 1.47 $ 244 %

Local Cheese (1 lb)

12.49 $ 6.76 $ 84 %

Chicken Fillets (1 lb)

15.37 $ 3.07 $ 400 %

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

22.77 $ 4.59 $ 396 %

Apples (1 lb)

2.76 $ 2.04 $ 35 %

Banana (1 lb)

2.07 $ 0.86 $ 140 %

Oranges (1 lb)

2.24 $ 1.07 $ 109 %

Tomato (1 lb)

4.0 $ 0.58 $ 589 %

Potato (1 lb)

2.33 $ 0.41 $ 468 %

Onion (1 lb)

1.26 $ 0.57 $ 121 %

Lettuce (1 head)

2.36 $ 0.28 $ 742 %

Water (1.5 liter bottle)

1.71 $ 0.25 $ 584 %

Bottle of Wine (Mid-Range)

17.12 $ 6.86 $ 149 %

Domestic Beer (0.5 liter bottle)

2.87 $ 2.08 $ 37 %

Imported Beer (12 oz small bottle)

2.5 $ 2.96 $ -15 %

Cigarettes 20 Pack (Marlboro)

10.54 $ 2.67 $ 294 %
commute

Transportation

Iceland

Nepal

Difference

One-way Ticket (Local Transport)

3.36 $ 0.19 $ 1668 %

Monthly Pass (Regular Price)

54.78 $ 6.09 $ 799 %

Taxi Start (Normal Tariff)

5.07 $ 1.9 $ 166 %

Taxi 1 mile (Normal Tariff)

2.4 $ 0.53 $ 352 %

Taxi 1hour Waiting (Normal Tariff)

54.23 $ 3.81 $ 1323 %

Gasoline (1 gallon)

2.02 $ 1.06 $ 90 %

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

28757.27 $ 30469.59 $ -5 %

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

32047.42 $ 46345.84 $ -30 %
mark_as_unread

Utilities (Monthly)

Iceland

Nepal

Difference

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

106.62 $ 22.23 $ 379 %

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

0.15 $ 0.02 $ 650 %

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

64.03 $ 13.24 $ 383 %
kitesurfing

Sports And Leisure

Iceland

Nepal

Difference

Fitness Club, Monthly Fee for 1 Adult

58.92 $ 24.19 $ 143 %

Tennis Court Rent (1 Hour on Weekend)

31.67 $ 8.01 $ 295 %

Cinema, International Release, 1 Seat

11.64 $ 3.05 $ 281 %
child_friendly

Childcare

Iceland

Nepal

Difference

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

262.47 $ 63.55 $ 313 %

International Primary School, Yearly for 1 Child

5048.5 $ 2840.2 $ 77 %
checkroom

Clothing And Shoes

Iceland

Nepal

Difference

1 Pair of Jeans (Levis 501 Or Similar)

107.87 $ 19.82 $ 444 %

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

50.21 $ 24.56 $ 104 %

1 Pair of Nike Running Shoes (Mid-Range)

139.95 $ 41.9 $ 234 %

1 Pair of Men Leather Business Shoes

170.67 $ 33.88 $ 403 %
night_shelter

Rent Per Month

Iceland

Nepal

Difference

Apartment (1 bedroom) in City Centre

1307.6 $ 117.94 $ 1008 %

Apartment (1 bedroom) Outside of Centre

1057.94 $ 81.01 $ 1205 %

Apartment (3 bedrooms) in City Centre

1854.8 $ 264.98 $ 599 %

Apartment (3 bedrooms) Outside of Centre

1622.55 $ 168.68 $ 861 %
home

Buy Apartment Price

Iceland

Nepal

Difference

Price per Square Feet to Buy Apartment in City Centre

4884.47 $ 1671.51 $ 192 %

Price per Square Feet to Buy Apartment Outside of Centre

3742.8 $ 693.35 $ 439 %
account_balance_wallet

Salaries And Financing

Iceland

Nepal

Difference

Average Monthly Net Salary (After Tax)

3030.17 $ 191.02 $ 1486 %

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

5.55 % 12.43 % -55 %