Belgium vs Iceland - Cost of Living Comparison

Updated:

Livingcost

Belgium Iceland
🚶 Cost of living one person
$1540
$2518
👨‍👩‍👧‍👦 Cost of living Family
$3611
$5339
🏠 One person rent
$821
$1478
🏘️ Family rent
$1301
$2369
🍽️ Food expenses
$514
$761
🚐 Transport expenses
$81.8
$83.9
💳 Monthly salary after tax
$2647
$3501
💸 GDP per capita
$49927
$73467
😃 Human freedom index
8.33
8.73
❤️ Life expectancy
81.9
83.1
👮 Corruption perceptions index
73
72
🌐 English speaking %
59%
98%
🎓 Higher education
97
81
😀 Quality of life
88
92
🏙️ Population
11.6M
364K

The average cost of living in Belgium ($1540) is 39% less expensive than in Iceland ($2518). Belgium ranked 30th vs 5th for Iceland in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 1.7 months in Belgium compared to 1.4 months in Iceland. Ranked 19th and 10th best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Belgium vs Iceland infographic

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Prices in Belgium vs Iceland

We calculate prices for Belgium and Iceland as a population-weighted mean of 91 and 5 cities, respectively. Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information.

Belgium Iceland
Eating Out
🍱 Lunch Menu
$17.7
$20.7
🥂 Dinner in a Restaurant, for 2
$76.8
$114
🥪 Fast food meal, equiv. McDonald's
$10.2
$16.8
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.46
$10.2
 Cappuccino
$3.53
$4.88
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.79
$2.72
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$740
$1510
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$614
$1318
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1235
$2409
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1002
$2171
🔌 Utility Bill one person, electricity, heating, water, etc.
$132
$53.6
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$203
$82.3
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$49.8
$68.4
🏦 Mortgage Interest Rate for 20 Years
3.32%
6.82%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3873
$5442
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$3159
$4321
Transportation
🚌 Local transport ticket
$2.74
$4.09
🎟️ Monthly ticket local transport
$50.4
$66.7
🚕 Taxi Ride, 8 km or 5 mi
$25.7
$26.1
 Gas / Petrol, 1 L or 0.26 gal
$1.91
$2.25
Groceries
🥛 Milk, 1 L or 1 qt
$1.19
$1.62
🍞 Bread, 0.5 kg or 1.1 lb
$2.21
$3.64
🍚 Rice, 1 kg or 2.2 lb
$2.13
$3.19
🥚 Eggs, x12
$3.28
$5.89
🧀 Cheese, 1 kg or 2.2 lb
$13.7
$14.9
🐔 Chicken Breast, 1 kg or 2.2 lb
$10.9
$18.5
🥩 Round Steak, 1 kg or 2.2 lb
$16.7
$29.5
🍏 Apples, 1 kg or 2.2 lb
$2.44
$2.99
🍌 Banana, 1 kg or 2.2 lb
$1.85
$2.16
🍊 Oranges, 1 kg or 2.2 lb
$2.52
$2.74
🍅 Tomato, 1 kg or 2.2 lb
$2.71
$4.51
🥔 Potato, 1 kg or 2.2 lb
$1.71
$2.86
🧅 Onion, 1 kg or 2.2 lb
$1.45
$1.83
🌊 Water, 1 L or 1 qt
$0.59
$1.33
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.69
$2.53
🍾 Wine (mid-priced), 750 mL bottle
$7.55
$19.4
🍺 Beer, 0.5 L or 16 fl oz
$1.84
$3.03
🚬 Cigarette pack
$8.33
$11.7
💊 Cold medicince, 1 week
$10.9
$11.6
🧴 Hair Shampoo
$4.07
$5.23
🧻 Toilet paper, 4 rolls
$2.01
$4.66
👄 Toothpaste, 1 tube
$2.69
$3.24
Other
🏋️ Gym Membership, 1 month
$33.4
$62
🎫 Cinema Ticket, 1 person
$12.4
$14.4
👩‍⚕️ Doctor's visit
$31.4
$82.9
💇 Haircut, simple
$18.7
$37.3
👖 Brand Jeans
$95.9
$106
👟 Brand Sneakers
$93.7
$144
👶 Daycare or Preschool, 1 month
$562
$245
🏫 International Primary School, 1 year
$18692
$6038

Cost of living in other countries

Cost of living

Cities Comparison in Belgium vs Iceland

More countries to compare

Cost of Living in Popular cities

In Belgium

City Cost of living Population
Antwerp
$1650
529K
Ghent
$1585
265K
Brussels
$1869
189K
Liege
$1439
195K
Charleroi
$1422
202K
Schaerbeek
$1682
133K
Anderlecht
$1659
121K
Mouscron
$1423
58.2K
Leuven
$1618
101K
Mons
$1405
95.3K
Namur
$1360
111K
Bruges
$1408
119K
Ostend
$1302
71.6K
Vilvoorde
$1599
44K
Aalst
$1678
88.9K
La Louviere
$1520
81K
Tournai
$1562
69.6K
Hasselt
$1445
77.7K
Mechelen
$1544
86.9K
Woluwe-Saint-Lambert
$1593
57.7K
Kortrijk
$1283
77.7K
Sint-Niklaas
$1413
80.2K
Seraing
$1487
64.3K
Forest
$1652
56.6K
Roeselare
$1306
64.5K
Dendermonde
$1469
45.7K
Saint-Gilles
$1524
49.7K
Genk
$1502
66.1K
Braine-l'Alleud
$1645
39.8K
Verviers
$1258
55.2K

In Iceland

City Cost of living Population
Reykjavik
$2723
140K
Kopavogur
$2304
39.8K
Hafnarfjorur
$2460
30.6K
Akureyri
$2011
19.9K
Keflavik
$2023
16.5K