Iceland vs Slovakia - Cost of Living Comparison

Updated:

Livingcost

Iceland Slovakia
🚶 Cost of living one person
$2828
$1146
👨‍👩‍👧‍👦 Cost of living Family
$5680
$2665
🏠 One person rent
$1717
$637
🏘️ Family rent
$2549
$1064
🍽️ Food expenses
$808
$356
🚐 Transport expenses
$86.4
$51.7
💳 Monthly salary after tax
$3932
$1273
💸 GDP per capita
$79637
$24491
😃 Human freedom index
8.8
8.2
❤️ Life expectancy
82.2
77.1
👮 Corruption perceptions index
77
49
🌐 English speaking %
98%
25.9%
🎓 Higher education
81
76
😀 Quality of life
92
70
🏙️ Population
364K
5.45M

The average cost of living in Iceland ($2828) is 147% more expensive than in Slovakia ($1146). Iceland ranked 5th vs 61st for Slovakia in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 1.4 months in Iceland compared to 1.1 months in Slovakia. Ranked 7th and 43rd best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Iceland vs Slovakia infographic

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Prices in Iceland vs Slovakia

We calculate prices for Iceland and Slovakia as a population-weighted mean of 5 and 23 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.

Iceland Slovakia
Eating Out
🍱 Lunch Menu
$21.6
$8.35
🥂 Dinner in a Restaurant, for 2
$124
$42.5
🥪 Fast food meal, equiv. McDonald's
$18
$8.32
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$10.1
$2.19
 Cappuccino
$5.09
$2.61
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.8
$1.69
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1778
$574
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1557
$459
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2758
$1030
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$2322
$785
🔌 Utility Bill one person, electricity, heating, water, etc.
$44.1
$138
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$67.7
$213
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$71.6
$17
🏦 Mortgage Interest Rate for 20 Years
9.41%
4.3%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$6265
$3801
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$5556
$2864
Transportation
🚌 Local transport ticket
$4.36
$1.08
🎟️ Monthly ticket local transport
$72.2
$29
🚕 Taxi Ride, 8 km or 5 mi
$26.1
$12.5
 Gas / Petrol, 1 L or 0.26 gal
$2.24
$1.63
Groceries
🥛 Milk, 1 L or 1 qt
$1.71
$1.07
🍞 Bread, 0.5 kg or 1.1 lb
$3.65
$1.3
🍚 Rice, 1 kg or 2.2 lb
$3.1
$1.61
🥚 Eggs, x12
$5.9
$3.44
🧀 Cheese, 1 kg or 2.2 lb
$15.9
$12.8
🐔 Chicken Breast, 1 kg or 2.2 lb
$20.8
$7.15
🥩 Round Steak, 1 kg or 2.2 lb
$37.2
$11.2
🍏 Apples, 1 kg or 2.2 lb
$2.84
$1.67
🍌 Banana, 1 kg or 2.2 lb
$2.24
$1.75
🍊 Oranges, 1 kg or 2.2 lb
$2.66
$2.15
🍅 Tomato, 1 kg or 2.2 lb
$4.59
$3.73
🥔 Potato, 1 kg or 2.2 lb
$3.21
$1.37
🧅 Onion, 1 kg or 2.2 lb
$2.08
$1.49
🌊 Water, 1 L or 1 qt
$1.36
$0.54
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.68
$1.76
🍾 Wine (mid-priced), 750 mL bottle
$20.7
$5.31
🍺 Beer, 0.5 L or 16 fl oz
$3.26
$0.97
🚬 Cigarette pack
$12.3
$5.35
💊 Cold medicince, 1 week
$10.5
$8.13
🧴 Hair Shampoo
$5.22
$3.33
🧻 Toilet paper, 4 rolls
$4.58
$1.39
👄 Toothpaste, 1 tube
$3.22
$2.53
Other
🏋️ Gym Membership, 1 month
$70
$39.2
🎫 Cinema Ticket, 1 person
$15.1
$9.04
👩‍⚕️ Doctor's visit
$82.3
$33
💇 Haircut, simple
$45.6
$15.1
👖 Brand Jeans
$128
$67.5
👟 Brand Sneakers
$158
$77.5
👶 Daycare or Preschool, 1 month
$282
$432
🏫 International Primary School, 1 year
$2527
$8484

Cost of living in other countries

Cost of living

Cities Comparison in Iceland vs Slovakia

More countries to compare

Cost of Living in Popular cities

In Iceland

City Cost of living Population
Reykjavik
$2938
140K
Kopavogur
$2802
39.8K
Hafnarfjorur
$2817
30.6K
Akureyri
$2678
19.9K
Keflavik
$2355
23.3K

In Slovakia

City Cost of living Population
Bratislava
$1275
476K
Kosice
$1260
229K
Petrzalka
$1202
114K
Nitra
$1039
77.6K
Zilina
$1046
82.7K
Presov
$947
84.8K
Trnava
$1181
63.8K
Martin
$1039
51.1K
Banska Bystrica
$1080
76K
Trencin
$1118
54.7K
Prievidza
$892
45K
Zvolen
$1237
39.8K
Povazska Bystrica
$1085
37.7K
Poprad
$1108
49.9K
Liptovsky Mikulas
$1041
30.5K
Nove Zamky
$1019
37.8K
Michalovce
$1067
36.7K
Spisska Nova Ves
$988
35.4K
Komarno
$1045
32.3K
Ruzomberok
$1050
27.4K
Levice
$987
32K
Lucenec
$922
25.9K
Piestany
$935
26.7K