Published: Monday, 21th October 2024
The cost of living in Iceland is 1.22 times less expensive as compared to Israel.
On this page, you will find side-by-side cost comparison between Iceland and Israel. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Iceland and Israel.
We always try to give you the latest data, but sometimes mistakes might occur. If you think some content on our site is not updated, please let us know by emailing us at: info.comparedoo@gmail.com
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Israel ![]() |
---|---|---|
1 BHK Apartment in City Center ![]() | 200,000 ISK (1,420 USD) | 4,500 ILS (1,170 USD) |
2 BHK Apartment in City Center ![]() | 300,000 ISK (2,130 USD) | 7,500 ILS (1,950 USD) |
3 BHK Apartment in City Center ![]() | 400,000 ISK (2,840 USD) | 10,500 ILS (2,730 USD) |
1 BHK Apartment outside City Center ![]() | 150,000 ISK (1,065 USD) | 2,800 ILS (728 USD) |
2 BHK Apartment outside City Center ![]() | 200,000 ISK (1,420 USD) | 4,500 ILS (1,170 USD) |
3 BHK Apartment outside City Center ![]() | 300,000 ISK (2,130 USD) | 6,500 ILS (1,690 USD) |
Mortgage Rates Per Month ![]() | 4 % | 3 % |
Realtor Commission ![]() | 2 % | 2 % |
Property Taxes ![]() | 0.2 to 1.65 % | 0.2 to 0.7 % |
The average housing cost in Iceland is 1.15 times more expensive than Israel.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Israel ![]() |
---|---|---|
Basic Home Furnishing ![]() | 300,000 ISK (2,130 USD) | 20,000 ILS (5,200 USD) |
Electricity Cost Per Month ![]() | 20,000 ISK (142 USD) | 300 ILS (78 USD) |
Heating Cost Per Month ![]() | 25,000 ISK (177.50 USD) | 250 ILS (65 USD) |
Cooling Cost Per Month ![]() | 10,000 ISK (71 USD) | 200 ILS (52 USD) |
Water Supply Cost Per Month ![]() | 5,000 ISK (35.50 USD) | 100 ILS (26 USD) |
If you lived in Iceland, instead of Israel, you would have to pay 52.85% less for Utilities.
The basic home furnishing in Iceland costs 2.44 times less compared to Israel.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Israel ![]() |
---|---|---|
Standard Wifi Cost Per Month ![]() | 10,000 ISK (71 USD) | 120 ILS (31.20 USD) |
Mobile Phone Basic Plan Cost Per Month ![]() | 5,000 ISK (35.50 USD) | 150 ILS (39 USD) |
Landline Basic Plan Cost Per Month ![]() | 3,000 ISK (21.30 USD) | 50 ILS (13 USD) |
Cable TV Basic Plan Cost Per Month ![]() | 8,000 ISK (56.80 USD) | 200 ILS (52 USD) |
The internet and communication costs 36.54% more in Iceland compared to Israel.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Israel ![]() |
---|---|---|
Long Grain Rice (1 KG) ![]() | 500 ISK (3.55 USD) | 10 ILS (2.60 USD) |
Milk (1 Liter) ![]() | 250 ISK (1.78 USD) | 6 ILS (1.56 USD) |
Water (1 Liter) ![]() | 50 ISK (0.36 USD) | 3 ILS (0.78 USD) |
Bread (500 gm) ![]() | 150 ISK (1.07 USD) | 4 ILS (1.04 USD) |
Eggs (1 Dozen) ![]() | 500 ISK (3.55 USD) | 12 ILS (3.12 USD) |
Cheese (1 KG) ![]() | 1,200 ISK (8.52 USD) | 30 ILS (7.80 USD) |
Chicken Breast (1 KG) ![]() | 1,000 ISK (7.10 USD) | 25 ILS (6.50 USD) |
In Iceland, the cost of 1 Liter Water and 1 Liter Milk is 1.10 times less expensive than the cost in Israel.
If you lived in Iceland, instead of Israel, you would have to pay 10.75% more for Groceries.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Israel ![]() |
---|---|---|
Apples (1 KG) ![]() | 800 ISK (5.68 USD) | 10 ILS (2.60 USD) |
Bananas (1 KG) ![]() | 600 ISK (4.26 USD) | 8 ILS (2.08 USD) |
Oranges (1 KG) ![]() | 700 ISK (4.97 USD) | 12 ILS (3.12 USD) |
Tomatoes (1 KG) ![]() | 500 ISK (3.55 USD) | 8 ILS (2.08 USD) |
Potatoes (1 KG) ![]() | 400 ISK (2.84 USD) | 6 ILS (1.56 USD) |
Lemons (1 KG) ![]() | 700 ISK (4.97 USD) | 12 ILS (3.12 USD) |
Onions (1 KG) ![]() | 600 ISK (4.26 USD) | 7 ILS (1.82 USD) |
Lentils (1 KG) ![]() | 600 ISK (4.26 USD) | 12 ILS (3.12 USD) |
If you lived in Iceland, instead of Israel, you would have to pay 1.78 times more for Fruits and Vegetables.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Israel ![]() |
---|---|---|
Meal at a Resonable Restaurant ![]() | 3,500 ISK (24.85 USD) | 50 ILS (13 USD) |
Three-Course Meal for Two ![]() | 8,000 ISK (56.80 USD) | 180 ILS (46.80 USD) |
Fast Food Combo Meal ![]() | 1,500 ISK (10.65 USD) | 30 ILS (7.80 USD) |
Normal Coffee ![]() | 500 ISK (3.55 USD) | 15 ILS (3.90 USD) |
Soft Drink ![]() | 300 ISK (2.13 USD) | 8 ILS (2.08 USD) |
Pizza for One ![]() | 2,500 ISK (17.75 USD) | 60 ILS (15.60 USD) |
Take-Out Delivery Meal ![]() | 3,000 ISK (21.30 USD) | 50 ILS (13 USD) |
Cigarette Pack of 20 ![]() | 1,500 ISK (10.65 USD) | 30 ILS (7.80 USD) |
Dining-Out costs 34.28% more in Iceland compared to Israel.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Israel ![]() |
---|---|---|
Wine Mid-Range Bottle ![]() | 2,000 ISK (14.20 USD) | 80 ILS (20.80 USD) |
Glass of Wine ![]() | 1,200 ISK (8.52 USD) | 25 ILS (6.50 USD) |
Domestic Beer Half Liter ![]() | 600 ISK (4.26 USD) | 15 ILS (3.90 USD) |
Imported Beer Half Liter ![]() | 800 ISK (5.68 USD) | 20 ILS (5.20 USD) |
Domestic Alcohol 1 Liter ![]() | 3,000 ISK (21.30 USD) | 60 ILS (15.60 USD) |
Branded Alcohol 1 Liter ![]() | 4,000 ISK (28.40 USD) | 100 ILS (26 USD) |
If you lived in Iceland, instead of Israel, you would have to pay 1.06 times more for usual hard drinks.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Israel ![]() |
---|---|---|
Monthly Public Transportation Pass ![]() | 15,000 ISK (106.50 USD) | 200 ILS (52 USD) |
Single Public Transportation Ticket ![]() | 400 ISK (2.84 USD) | 6 ILS (1.56 USD) |
Single Train Ticket ![]() | Yet to Update () | 35 ILS (9.10 USD) |
Domestic Airplane Ticket ![]() | 30,000 ISK (213 USD) | 500 ILS (130 USD) |
Taxi Start Fare ![]() | 800 ISK (5.68 USD) | 15 ILS (3.90 USD) |
Taxi Rate Per Kilometer ![]() | 200 ISK (1.42 USD) | 5 ILS (1.30 USD) |
Car Rental Per Day ![]() | 10,000 ISK (71 USD) | 200 ILS (52 USD) |
Parking Fees in City Center Per Hour ![]() | 500 ISK (3.55 USD) | 20 ILS (5.20 USD) |
Parking Fees outside City Center Per Hour ![]() | 300 ISK (2.13 USD) | 10 ILS (2.60 USD) |
If you lived in Iceland, instead of Israel, you would have to pay 1.58 times more for transportation.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Israel ![]() |
---|---|---|
Reasonable Vehicle Purchase Cost ![]() | 4,000,000 ISK (28,400 USD) | 80,000 ILS (20,800 USD) |
Vehicle Registration Cost ![]() | 15,000 ISK (106.50 USD) | 500 ILS (130 USD) |
Driving License Fees ![]() | 5,000 ISK (35.50 USD) | 150 ILS (39 USD) |
Car Insurance Cost ![]() | 40,000 ISK (284 USD) | 2,000 ILS (520 USD) |
Car Maintenance Cost ![]() | 15,000 ISK (106.50 USD) | 500 ILS (130 USD) |
Car Loan Interest Rates ![]() | 5 % | 5 % |
Fuel Per Liter ![]() | 250 ISK (1.78 USD) | 7 ILS (1.82 USD) |
Fuel Per Gallon ![]() | 1,200 ISK (8.52 USD) | 30 ILS (7.80 USD) |
Average Toll Fees ![]() | 1,000 ISK 7.10 USD | Yet to Update |
You would have to pay 1.34 times more for Vehicle purchase, daily operation and maintenance in Iceland compared to that of Israel.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Israel ![]() |
---|---|---|
Doctor Visit ![]() | 5,000 ISK (35.50 USD) | 200 ILS (52 USD) |
Specialist Visit ![]() | 10,000 ISK (71 USD) | 300 ILS (78 USD) |
Dentist Visit ![]() | 8,000 ISK (56.80 USD) | 250 ILS (65 USD) |
Eye Exam ![]() | 3,000 ISK (21.30 USD) | 150 ILS (39 USD) |
Mental Health Counseling ![]() | 8,000 ISK (56.80 USD) | 250 ILS (65 USD) |
Preventive Health Screening ![]() | 4,000 ISK (28.40 USD) | 100 ILS (26 USD) |
Physical Therapy ![]() | 6,000 ISK (42.60 USD) | 200 ILS (52 USD) |
Emergency Room Visit ![]() | 15,000 ISK (106.50 USD) | 500 ILS (130 USD) |
Hospital Stay Per Night ![]() | 25,000 ISK (177.50 USD) | 1,000 ILS (260 USD) |
Vaccinations ![]() | 2,500 ISK (17.75 USD) | 50 ILS (13 USD) |
Prescription Medication ![]() | 1,500 ISK (10.65 USD) | 60 ILS (15.60 USD) |
Over the Counter Medication ![]() | 800 ISK (5.68 USD) | 30 ILS (7.80 USD) |
Health Insurance Premiums ![]() | 20,000 ISK (142 USD) | 2,000 ILS (520 USD) |
Health Insurance Deductibles ![]() | 5,000 ISK (35.50 USD) | 500 ILS (130 USD) |
If you lived in Iceland, instead of Israel, you would have to pay 1.80 times less for Health and Medical Treatment.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Israel ![]() |
---|---|---|
Cosmetic Procedures ![]() | 30,000 ISK (213 USD) | 1,000 ILS (260 USD) |
Spa Treatment ![]() | 10,000 ISK (71 USD) | 250 ILS (65 USD) |
Manicure Pedicure Cost ![]() | 3,000 ISK (21.30 USD) | 80 ILS (20.80 USD) |
Optical Glasses Cost ![]() | 10,000 ISK (71 USD) | 200 ILS (52 USD) |
Contact Lenses Cost ![]() | 5,000 ISK (35.50 USD) | 300 ILS (78 USD) |
Haircuts ![]() | 2,000 ISK (14.20 USD) | 80 ILS (20.80 USD) |
Hair Coloring ![]() | 6,000 ISK (42.60 USD) | 150 ILS (39 USD) |
Shampoo Price ![]() | 500 ISK (3.55 USD) | 15 ILS (3.90 USD) |
Toothpaste Price ![]() | 200 ISK (1.42 USD) | 10 ILS (2.60 USD) |
If you lived in Iceland, instead of Israel, you would have to pay 1.14 times less for Personal Care Items and Treatment.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Israel ![]() |
---|---|---|
Pair of Nike Running Shoes ![]() | 15,000 ISK (106.50 USD) | 500 ILS (130 USD) |
Men's Shirt ![]() | 5,000 ISK (35.50 USD) | 200 ILS (52 USD) |
Women's Dress ![]() | 10,000 ISK (71 USD) | 300 ILS (78 USD) |
Summer Dress ![]() | 5,000 ISK (35.50 USD) | 120 ILS (31.20 USD) |
Men's Suit ![]() | 40,000 ISK (284 USD) | 1,500 ILS (390 USD) |
Men's Jeans ![]() | 7,000 ISK (49.70 USD) | 300 ILS (78 USD) |
Women's Jeans ![]() | 6,000 ISK (42.60 USD) | 200 ILS (52 USD) |
Men's Formal Shoes ![]() | 7,000 ISK (49.70 USD) | 250 ILS (65 USD) |
Women's Formal Shoes ![]() | 7,000 ISK (49.70 USD) | 200 ILS (52 USD) |
Men's Casual Shoes ![]() | 5,000 ISK (35.50 USD) | 200 ILS (52 USD) |
Women's Casual Shoes ![]() | 4,000 ISK (28.40 USD) | 150 ILS (39 USD) |
Underwear For Men ![]() | 1,000 ISK (7.10 USD) | 30 ILS (7.80 USD) |
Underwear For Women ![]() | 1,200 ISK (8.52 USD) | 30 ILS (7.80 USD) |
Socks For Men ![]() | 300 ISK (2.13 USD) | 10 ILS (2.60 USD) |
Socks For Women ![]() | 400 ISK (2.84 USD) | 10 ILS (2.60 USD) |
Wintercoat for Adults ![]() | 8,000 ISK (56.80 USD) | 400 ILS (104 USD) |
Sportswear ![]() | 6,000 ISK (42.60 USD) | 150 ILS (39 USD) |
If you lived in Iceland, instead of Israel, you would have to pay 1.30 times less for Clothing and Footwear for Adults.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Israel ![]() |
---|---|---|
Children's Jeans ![]() | 3,500 ISK (24.85 USD) | 80 ILS (20.80 USD) |
Children's Normal Sneakers ![]() | 4,000 ISK (28.40 USD) | 120 ILS (31.20 USD) |
Children's Winter Coat ![]() | 6,000 ISK (42.60 USD) | 200 ILS (52 USD) |
Daycare for Infant ![]() | 25,000 ISK (177.50 USD) | 1,000 ILS (260 USD) |
Daycare for Toddler ![]() | 20,000 ISK (142 USD) | 800 ILS (208 USD) |
Childcare for Sick Days ![]() | 1,500 ISK (10.65 USD) | 200 ILS (52 USD) |
Early Childhood Education Programs ![]() | 6,000 ISK (42.60 USD) | 800 ILS (208 USD) |
Extra Curricular Activities ![]() | 3,000 ISK (21.30 USD) | 100 ILS (26 USD) |
Summer Camp for Kids ![]() | 8,000 ISK (56.80 USD) | 500 ILS (130 USD) |
If you lived in Iceland, instead of Israel, you would have to pay 1.81 times less for Childcare and kids clothing.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Israel ![]() |
---|---|---|
PreSchool Fees ![]() | 30,000 ISK (213 USD) | 600 ILS (156 USD) |
Primary School Fees ![]() | 40,000 ISK (284 USD) | 3,000 ILS (780 USD) |
Secondary School Fees ![]() | 60,000 ISK (426 USD) | 4,000 ILS (1,040 USD) |
Private School Fees ![]() | 80,000 ISK (568 USD) | 6,000 ILS (1,560 USD) |
University Tuition Fees ![]() | 150,000 ISK (1,065 USD) | 20,000 ILS (5,200 USD) |
University Private Tuition Fees ![]() | 200,000 ISK (1,420 USD) | 30,000 ILS (7,800 USD) |
After School Activities ![]() | 5,000 ISK (35.50 USD) | 500 ILS (130 USD) |
Special Education Services ![]() | 7,000 ISK (49.70 USD) | 600 ILS (156 USD) |
Tutoring ![]() | 5,000 ISK (35.50 USD) | 200 ILS (52 USD) |
Textbooks Cost ![]() | 4,000 ISK (28.40 USD) | 100 ILS (26 USD) |
School Supplies ![]() | 2,000 ISK (14.20 USD) | 50 ILS (13 USD) |
If you lived in Iceland, instead of Israel, you would have to pay 4.09 times less for school and education.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Israel ![]() |
---|---|---|
Movie Ticket (Single) ![]() | 1,000 ISK (7.10 USD) | 40 ILS (10.40 USD) |
Theater Ticket (Single) ![]() | 2,000 ISK (14.20 USD) | 100 ILS (26 USD) |
Concert Ticket (Single) ![]() | 2,500 ISK (17.75 USD) | 150 ILS (39 USD) |
Sports Event Ticket (Single) ![]() | 1,500 ISK (10.65 USD) | 100 ILS (26 USD) |
Gym Membership ![]() | 6,000 ISK (42.60 USD) | 150 ILS (39 USD) |
Swimming Pool Access ![]() | 5,000 ISK (35.50 USD) | 50 ILS (13 USD) |
Museum Entry Ticket ![]() | 1,000 ISK (7.10 USD) | 30 ILS (7.80 USD) |
Zoo Entry Ticket ![]() | 1,500 ISK (10.65 USD) | 40 ILS (10.40 USD) |
Amusement Park Entry Ticket ![]() | 2,000 ISK (14.20 USD) | 80 ILS (20.80 USD) |
Bowling ![]() | 1,000 ISK (7.10 USD) | 30 ILS (7.80 USD) |
Mini Golf ![]() | 1,500 ISK (10.65 USD) | 40 ILS (10.40 USD) |
Video Games ![]() | 5,000 ISK (35.50 USD) | 100 ILS (26 USD) |
Streaming Services ![]() | 1,000 ISK (7.10 USD) | 40 ILS (10.40 USD) |
Outdoor Equipment Rental ![]() | 1,000 ISK (7.10 USD) | 30 ILS (7.80 USD) |
Theme Park Annual Pass ![]() | 50,000 ISK (355 USD) | 500 ILS (130 USD) |
If you lived in Iceland, instead of Israel, you would have to pay 1.51 times more for entertainment, recreation and fun activities.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Israel ![]() |
---|---|---|
Language Classes ![]() | 5,000 ISK (35.50 USD) | 300 ILS (78 USD) |
Parenting Classes ![]() | 5,000 ISK (35.50 USD) | 300 ILS (78 USD) |
Art Classes ![]() | 3,000 ISK (21.30 USD) | 100 ILS (26 USD) |
Fitness Classes ![]() | 6,000 ISK (42.60 USD) | 50 ILS (13 USD) |
Music Lessons ![]() | 4,000 ISK (28.40 USD) | 150 ILS (39 USD) |
Dance Lessons ![]() | 4,000 ISK (28.40 USD) | 120 ILS (31.20 USD) |
Reading Materials for Classes ![]() | 1,000 ISK (7.10 USD) | 20 ILS (5.20 USD) |
Educational Software ![]() | 3,000 ISK (21.30 USD) | 200 ILS (52 USD) |
If you lived in Iceland, instead of Israel, you would have to pay 1.46 times less for Private Classes.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Israel ![]() |
---|---|---|
Average Gross Monthly Salary ![]() | 450,000 ISK (3,195 USD) | 20,000 ILS (5,200 USD) |
Average Net Monthly Salary ![]() | 350,000 ISK (2,485 USD) | 15,000 ILS (3,900 USD) |
Minimum Wages ![]() | 6,666.67 ISK per hour (47.33 USD) | 200 ILS per hour (52 USD) |
Average Bonus ![]() | 40,000 ISK (284 USD) | 4,000 ILS (1,040 USD) |
Income Tax Rate ![]() | 0 to 24 % | 0 to 17 % |
Social Security Contributions ![]() | 7 % | 6 % |
Pension Contributions ![]() | 8 % | 6 % |
Cost of Living Index ![]() | 12 | 70 |
Median Household Income ![]() | 400,000 ISK (2,840 USD) | 15,000 ILS (3,900 USD) |
If you lived in Iceland, you would earn 1.59 times less salary as compared to Israel.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() Israel ![]() |
---|---|---|
Legal Consultation Per Hour Rate ![]() | 10,000 ISK (71 USD) | 500 ILS (130 USD) |
Accounting Services Per Hour Rate ![]() | 7,000 ISK (49.70 USD) | 300 ILS (78 USD) |
IT Support Services Per Hour Rate ![]() | 5,000 ISK (35.50 USD) | 400 ILS (104 USD) |
Technician Services Per Hour Rate ![]() | 4,000 ISK (28.40 USD) | 350 ILS (91 USD) |
Professional Services cost 2.18 times less in Iceland, as compared to Israel.
We hope you enjoyed the detailed guide on the cost of living comparsion between Iceland and Israel.
For more side-by-side comparsion between Countries, States and Cities, you can use the search box above or click the links below.
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