Detailed comparison of living costs and expenses between Germany and Iceland.
In simple terms, living in Germany is 46.5% cheaper than Iceland. The biggest difference is in Household Utilities, where costs are 291.1% higher. This means that for every $100 you spend in Iceland, you would spend about $54 in Germany for the same standard of living.
Germany is 49.3% cheaper
Germany is 48.5% cheaper
Germany is 41.2% cheaper
Germany is 46.5% cheaper than Iceland
Yes, Germany is cheaper than Iceland
Overall, living costs in Germany are 46.5% lower than in Iceland.
Based on comprehensive cost of living data, Germany is indeed cheaper than Iceland. You would save approximately 46.5% on living expenses by choosing Germany over Iceland. This includes all major expense categories such as housing, food, transportation, and utilities.
Germany is 46.5% cheaper than Iceland
Germany is 39.3% cheaper than Iceland in this category
Germany is 32.2% cheaper than Iceland in this category
Germany is 31.5% cheaper than Iceland in this category
Germany is 31.6% cheaper than Iceland in this category
Germany is 291.1% more expensive than Iceland in this category
Germany is 30.4% cheaper than Iceland in this category
Germany is 41.2% cheaper than Iceland in this category
Germany is 49.3% cheaper than Iceland in this category
Germany is 40.7% cheaper than Iceland in this category
Germany is 48.5% cheaper than Iceland in this category
Germany is 17.9% cheaper than Iceland in this category
Germany is 26.4% cheaper than Iceland in this category
| Item | Germany | Iceland | Difference |
|---|---|---|---|
| Basic Restaurant Meal | 17.07 $ | 25.03 $ |
31.8%
Germany is
31.8%
cheaper
|
| Three-Course Dinner for Two in Mid Range Restaurant | 73.99 $ | 141.89 $ |
47.9%
Germany is
47.9%
cheaper
|
| McDonald's Fast Food Combo Meal | 11.38 $ | 19.71 $ |
42.3%
Germany is
42.3%
cheaper
|
| Regular Cappuccino | 3.99 $ | 5.91 $ |
32.5%
Germany is
32.5%
cheaper
|
| Soft Drink (330ml) | 3.28 $ | 3.17 $ |
3.5%
Germany is
3.5%
more expensive
|
| Bottled Water (330ml) | 2.95 $ | 2.58 $ |
14.3%
Germany is
14.3%
more expensive
|
| Bottled Water (1.5L) | 1.07 $ | 2.20 $ |
51.4%
Germany is
51.4%
cheaper
|
| Local Beer (500ml) | 5.69 $ | 2.01 $ |
183.1%
Germany is
183.1%
more expensive
|
| Imported Beer (330ml) | 1.74 $ | 2.08 $ |
16.3%
Germany is
16.3%
cheaper
|
| Mid-Range Wine | 9.11 $ | 11.45 $ |
20.4%
Germany is
20.4%
cheaper
|
| Local Beer (500ml bottle) | 1.98 $ | 1.83 $ |
8.2%
Germany is
8.2%
more expensive
|
| Milk (1L) | 1.26 $ | 1.86 $ |
32.3%
Germany is
32.3%
cheaper
|
| Fresh Bread (500g) | 2.19 $ | 4.03 $ |
45.7%
Germany is
45.7%
cheaper
|
| White Rice (1kg) | 3.33 $ | 3.42 $ |
2.6%
Germany is
2.6%
cheaper
|
| Eggs (12 pack) | 3.79 $ | 6.34 $ |
40.2%
Germany is
40.2%
cheaper
|
| Local Cheese (1kg) | 14.58 $ | 18.25 $ |
20.1%
Germany is
20.1%
cheaper
|
| Chicken Breast (1kg) | 13.95 $ | 23.64 $ |
41.0%
Germany is
41.0%
cheaper
|
| Beef (1kg) | 19.57 $ | 41.97 $ |
53.4%
Germany is
53.4%
cheaper
|
| Apples (1kg) | 3.16 $ | 3.03 $ |
4.3%
Germany is
4.3%
more expensive
|
| Bananas (1kg) | 1.81 $ | 2.42 $ |
25.2%
Germany is
25.2%
cheaper
|
| Oranges (1kg) | 2.25 $ | 2.85 $ |
21.1%
Germany is
21.1%
cheaper
|
| Tomatoes (1kg) | 4.77 $ | 4.81 $ |
0.8%
Germany is
0.8%
cheaper
|
| Potatoes (1kg) | 1.56 $ | 3.53 $ |
55.8%
Germany is
55.8%
cheaper
|
| Onions (1kg) | 1.59 $ | 2.19 $ |
27.4%
Germany is
27.4%
cheaper
|
| Lettuce (1 head) | 1.86 $ | 3.11 $ |
40.2%
Germany is
40.2%
cheaper
|
| Monthly Transit Pass | 62.61 $ | 82.37 $ |
24.0%
Germany is
24.0%
cheaper
|
| Cigarettes (20 pack) | 9.56 $ | 13.95 $ |
31.5%
Germany is
31.5%
cheaper
|
| Single Bus/Train Ticket | 3.64 $ | 5.04 $ |
27.8%
Germany is
27.8%
cheaper
|
| Taxi Base Fare | 5.58 $ | 6.23 $ |
10.4%
Germany is
10.4%
cheaper
|
| Taxi per Kilometer | 2.85 $ | 2.55 $ |
11.8%
Germany is
11.8%
more expensive
|
| Taxi Waiting Hourly Rate | 37.56 $ | 84.42 $ |
55.5%
Germany is
55.5%
cheaper
|
| Gasoline (1L) | 1.97 $ | 2.46 $ |
19.9%
Germany is
19.9%
cheaper
|
| New Economy Car | 30,939.70 $ | 46,429.13 $ |
33.4%
Germany is
33.4%
cheaper
|
| New Mid-Range Car | 36,770.68 $ | 52,551.37 $ |
30.0%
Germany is
30.0%
cheaper
|
| Monthly Utilities (80m² size) | 344.76 $ | 88.15 $ |
291.1%
Germany is
291.1%
more expensive
|
| 10 GB Mobile Plan with Data | 27.11 $ | 27.04 $ |
0.3%
Germany is
0.3%
more expensive
|
| High-Speed Internet (> 60 Mbps) | 50.88 $ | 85.00 $ |
40.1%
Germany is
40.1%
cheaper
|
| Gym Membership | 39.89 $ | 78.46 $ |
49.2%
Germany is
49.2%
cheaper
|
| Tennis Court (Weekend) | 24.36 $ | 36.79 $ |
33.8%
Germany is
33.8%
cheaper
|
| Movie Ticket | 13.66 $ | 17.26 $ |
20.9%
Germany is
20.9%
cheaper
|
| Private Preschool (Full Day) | 465.43 $ | 343.92 $ |
35.3%
Germany is
35.3%
more expensive
|
| International School (Yearly) | 14,669.30 $ | 29,515.17 $ |
50.3%
Germany is
50.3%
cheaper
|
| 1 Pair of Jeans | 91.97 $ | 135.76 $ |
32.3%
Germany is
32.3%
cheaper
|
| 1 Summer Dress | 43.30 $ | 62.39 $ |
30.6%
Germany is
30.6%
cheaper
|
| 1 Pair of Running Shoes | 100.63 $ | 171.19 $ |
41.2%
Germany is
41.2%
cheaper
|
| 1 Pair of Business Shoes | 130.63 $ | 248.95 $ |
47.5%
Germany is
47.5%
cheaper
|
| 1-Bedroom Apartment (City Center) | 1,014.84 $ | 2,167.74 $ |
53.2%
Germany is
53.2%
cheaper
|
| 1-Bedroom Apartment (Suburbs) | 764.76 $ | 1,957.54 $ |
60.9%
Germany is
60.9%
cheaper
|
| 3-Bedroom Apartment (City Center) | 1,887.97 $ | 3,105.48 $ |
39.2%
Germany is
39.2%
cheaper
|
| 3-Bedroom Apartment (Suburbs) | 1,429.32 $ | 2,664.94 $ |
46.4%
Germany is
46.4%
cheaper
|
| Apartment Price (City Center) per m² | 6,242.76 $ | 7,328.46 $ |
14.8%
Germany is
14.8%
cheaper
|
| Apartment Price (Suburbs) per m² | 4,879.58 $ | 6,220.55 $ |
21.6%
Germany is
21.6%
cheaper
|
| Average Monthly Salary (after tax) | 3,276.32 $ | 4,445.97 $ |
26.3%
Germany is
26.3%
cheaper
|
| 20-Year Fixed Mortgage Rate | 3.98 | 9.90 |
59.8%
Germany is
59.8%
cheaper
|
Calculate how your current expenses would change if you moved to Iceland. Enter your monthly expenses in Germany to see the equivalent costs.
Our cost of living comparisons are based on a robust methodology that combines multiple data sources and regular updates to ensure accuracy:
Note: While we strive for accuracy, cost of living data can vary significantly within countries and cities. These comparisons should be used as a general guide, and we recommend conducting additional research for specific locations.
Understanding the cost of living differences between Germany and Iceland goes beyond just numbers. Here's how these differences might affect your daily life:
While cost of living is important, it's just one aspect of quality of life. Consider also:
Tips for adapting to cost of living differences:
While both countries have similar overall costs, there are nuanced differences in how money is spent on daily necessities.
Both countries experience moderate seasonal variations in living costs, with prices typically higher during peak tourist seasons and major holidays.
