Cost of Living in Iceland vs Romania 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.

$1,145

Romania

Discover Romania, a captivating country with a population of 19,586,539. Experience a comfortable way of life, where the average cost of living stands at $1145, and the median after-tax salary amounts to $677.74. Savor the culinary delights of Romania at various restaurants for an average of $48, explore bustling markets with essentials priced at around $40, and entrust your childcare needs to facilities costing approximately $5848annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $1530per month. Romania also boasts an appealing average salary of $677.74. Immerse yourself in the beauty of Romania, where affordability and cultural richness converge.

restaurant
$ 150
Restaurants
restaurant
$ 48
Restaurants
store
$ 114
Markets
store
$ 40
Markets
child_friendly
$ 5,310
Childcare
child_friendly
$ 5,848
Childcare
checkroom
$ 468
Clothing
checkroom
$ 223
Clothing
night_shelter
$ 5,842
Rent Per Month
night_shelter
$ 1,530
Rent Per Month
account_balance_wallet
$ 3,030
Salaries
account_balance_wallet
$ 677
Salaries
Iceland VS Romania
restaurant

Restaurants

Iceland

Romania

Difference

Meal, Inexpensive Restaurant

17.12 $ 6.75 $ 153 %

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

95.86 $ 28.91 $ 231 %

McMeal at McDonalds (or Equivalent Combo Meal)

13.69 $ 4.82 $ 184 %

Domestic Beer (1 pint draught)

8.22 $ 1.54 $ 433 %

Imported Beer (12 oz small bottle)

7.19 $ 1.93 $ 272 %

Cappuccino (regular)

4.17 $ 1.78 $ 134 %

Coke/Pepsi (12 oz small bottle)

2.36 $ 1.24 $ 90 %

Water (12 oz small bottle)

1.85 $ 1.07 $ 72 %
store

Markets

Iceland

Romania

Difference

Milk (regular), (1 gallon)

1.34 $ 1.1 $ 21 %

Loaf of Fresh White Bread (1 lb)

3.02 $ 0.8 $ 277 %

Rice (white), (1 lb)

2.77 $ 1.23 $ 125 %

Eggs (regular) (12)

5.06 $ 2.27 $ 122 %

Local Cheese (1 lb)

12.49 $ 5.68 $ 119 %

Chicken Fillets (1 lb)

15.37 $ 4.5 $ 241 %

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

22.77 $ 7.55 $ 201 %

Apples (1 lb)

2.76 $ 0.83 $ 232 %

Banana (1 lb)

2.07 $ 1.13 $ 83 %

Oranges (1 lb)

2.24 $ 1.09 $ 105 %

Tomato (1 lb)

4.0 $ 1.58 $ 153 %

Potato (1 lb)

2.33 $ 0.53 $ 339 %

Onion (1 lb)

1.26 $ 0.56 $ 124 %

Lettuce (1 head)

2.36 $ 0.58 $ 306 %

Water (1.5 liter bottle)

1.71 $ 0.51 $ 235 %

Bottle of Wine (Mid-Range)

17.12 $ 4.82 $ 255 %

Domestic Beer (0.5 liter bottle)

2.87 $ 0.73 $ 293 %

Imported Beer (12 oz small bottle)

2.5 $ 1.16 $ 115 %

Cigarettes 20 Pack (Marlboro)

10.54 $ 4.24 $ 148 %
commute

Transportation

Iceland

Romania

Difference

One-way Ticket (Local Transport)

3.36 $ 0.58 $ 479 %

Monthly Pass (Regular Price)

54.78 $ 15.42 $ 255 %

Taxi Start (Normal Tariff)

5.07 $ 0.55 $ 821 %

Taxi 1 mile (Normal Tariff)

2.4 $ 0.54 $ 344 %

Taxi 1hour Waiting (Normal Tariff)

54.23 $ 4.82 $ 1025 %

Gasoline (1 gallon)

2.02 $ 1.55 $ 30 %

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

28757.27 $ 16384.28 $ 75 %

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

32047.42 $ 19336.99 $ 65 %
mark_as_unread

Utilities (Monthly)

Iceland

Romania

Difference

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

106.62 $ 111.57 $ -4 %

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

0.15 $ 0.05 $ 199 %

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

64.03 $ 7.47 $ 757 %
kitesurfing

Sports And Leisure

Iceland

Romania

Difference

Fitness Club, Monthly Fee for 1 Adult

58.92 $ 32.71 $ 80 %

Tennis Court Rent (1 Hour on Weekend)

31.67 $ 12.71 $ 149 %

Cinema, International Release, 1 Seat

11.64 $ 5.78 $ 101 %
child_friendly

Childcare

Iceland

Romania

Difference

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

262.47 $ 345.95 $ -24 %

International Primary School, Yearly for 1 Child

5048.5 $ 5502.76 $ -8 %
checkroom

Clothing And Shoes

Iceland

Romania

Difference

1 Pair of Jeans (Levis 501 Or Similar)

107.87 $ 54.72 $ 97 %

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

50.21 $ 32.0 $ 56 %

1 Pair of Nike Running Shoes (Mid-Range)

139.95 $ 63.04 $ 122 %

1 Pair of Men Leather Business Shoes

170.67 $ 73.47 $ 132 %
night_shelter

Rent Per Month

Iceland

Romania

Difference

Apartment (1 bedroom) in City Centre

1307.6 $ 330.1 $ 296 %

Apartment (1 bedroom) Outside of Centre

1057.94 $ 236.8 $ 346 %

Apartment (3 bedrooms) in City Centre

1854.8 $ 569.1 $ 225 %

Apartment (3 bedrooms) Outside of Centre

1622.55 $ 394.96 $ 310 %
home

Buy Apartment Price

Iceland

Romania

Difference

Price per Square Feet to Buy Apartment in City Centre

4884.47 $ 1674.59 $ 191 %

Price per Square Feet to Buy Apartment Outside of Centre

3742.8 $ 1185.76 $ 215 %
account_balance_wallet

Salaries And Financing

Iceland

Romania

Difference

Average Monthly Net Salary (After Tax)

3030.17 $ 677.74 $ 347 %

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

5.55 % 5.96 % -6 %