Belgium vs Iceland - Cost of Living Comparison

Belgium Iceland
🚶 Cost of living one person
$1324
$2054
👨‍👩‍👧‍👦 Cost of living Family
$3115
$4429
🏠 One person rent
$696
$1154
🏘️ Family rent
$1100
$1857
🍽️ Food expenses
$446
$646
🚐 Transport expenses
$71.3
$80.9
💳 Monthly salary after tax
$2162
$3402
💸 GDP per capita
$45205
$59264
😃 Human freedom index
8.61
8.77
❤️ Life expectancy
80.8
83.1
👮 Corruption perceptions index
73
74
🌐 English speaking %
59%
90%
🎓 Higher education
95
81
😀 Quality of life
72
79
🏙️ Population
11.5M
357K

The average cost of living in Belgium ($1324) is 36% less expensive than in Iceland ($2054). Belgium ranked 31st vs 7th 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 1.6 months in Belgium compared to 1.7 months in Iceland. Ranked 29th and 15th best countries to live in the world.

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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
$15.5
$16
🥂 Dinner in a Restaurant, for 2
$65.1
$82.3
🥪 Fast food meal, equiv. McDonald's
$9.16
$12.9
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$3.84
$8.36
 Cappuccino
$2.99
$4.52
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.42
$2.35
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$642
$1209
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$530
$972
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1078
$1887
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$860
$1634
🔌 Utility Bill one person, electricity, heating, water, etc.
$96.1
$70.9
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$148
$109
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$48
$63.5
🏦 Mortgage Interest Rate for 20 Years
1.85%
5.27%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3337
$5314
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$2765
$3930
Transportation
🚌 Local transport ticket
$2.64
$3.59
🎟️ Monthly ticket local transport
$45.2
$76.5
🚕 Taxi Ride, 8 km or 5 mi
$21.2
$24.2
 Gas / Petrol, 1 L or 0.26 gal
$1.81
$2.11
Groceries
🥛 Milk, 1 L or 1 qt
$0.94
$1.38
🍞 Bread, 0.5 kg or 1.1 lb
$1.66
$3.37
🍚 Rice, 1 kg or 2.2 lb
$1.94
$3.34
🥚 Eggs, x12
$2.7
$5.66
🧀 Cheese, 1 kg or 2.2 lb
$11.4
$13.3
🐔 Chicken Breast, 1 kg or 2.2 lb
$9.13
$16.3
🥩 Round Steak, 1 kg or 2.2 lb
$14.1
$23.2
🍏 Apples, 1 kg or 2.2 lb
$2.25
$2.74
🍌 Banana, 1 kg or 2.2 lb
$1.7
$2.18
🍊 Oranges, 1 kg or 2.2 lb
$2.31
$2.38
🍅 Tomato, 1 kg or 2.2 lb
$2.23
$4.22
🥔 Potato, 1 kg or 2.2 lb
$1.53
$2.45
🧅 Onion, 1 kg or 2.2 lb
$1.24
$1.35
🌊 Water, 1 L or 1 qt
$0.5
$1.25
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.47
$2.3
🍾 Wine (mid-priced), 750 mL bottle
$6.85
$19.7
🍺 Beer, 0.5 L or 16 fl oz
$1.54
$2.79
🚬 Cigarette pack
$7.43
$11.6
💊 Cold medicince, 1 week
$10.2
$11.6
🧴 Hair Shampoo
$3.71
$5.46
🧻 Toilet paper, 4 rolls
$1.9
$3.91
👄 Toothpaste, 1 tube
$2.49
$2.88
Other
🏋️ Gym Membership, 1 month
$28.8
$59
🎫 Cinema Ticket, 1 person
$10.3
$12
👩‍⚕️ Doctor's visit
$28.4
$43.9
💇 Haircut, simple
$16.8
$36
👖 Brand Jeans
$86.7
$114
👟 Brand Sneakers
$87.8
$151
👶 Daycare or Preschool, 1 month
$481
$288
🏫 International Primary School, 1 year
$16083
$4888

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Cities Comparison in Belgium vs Iceland

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Cost of Living in Popular cities

In Belgium

City Cost of living Population
Antwerp
$1407
529K
Ghent
$1356
262K
Brussels
$1474
185K
Charleroi
$1374
202K
Liege
$1193
197K
Schaerbeek
$1310
133K
Leuven
$1450
101K
Anderlecht
$1310
121K
Bruges
$1454
118K
Namur
$1249
111K
Hasselt
$1297
77.7K
Mechelen
$1373
86.9K
Mons
$1204
95.3K
La Louviere
$1311
81K
Aalst
$1432
85.7K
Sint-Niklaas
$1365
76.8K
Tournai
$1244
69.6K
Kortrijk
$1280
76.3K
Seraing
$1294
64.3K
Genk
$1306
66.1K
Ostend
$1202
71.3K
Geel
$1341
40.7K
Mouscron
$1260
58.2K
Roeselare
$1266
62.3K
Woluwe-Saint-Lambert
$1303
57.7K
Forest
$1261
56.6K
Verviers
$1026
55.2K
Saint-Gilles
$1239
49.7K
Beveren
$1350
48.2K
Beringen
$1275
46.1K

In Iceland

City Cost of living Population
Reykjavik
$2127
129K
Kopavogur
$2132
34.1K
Hafnarfjorur
$1961
28.7K
Akureyri
$1701
18.9K
Keflavik
$1883
16.5K