Cost of Living Comparison Between Finland and Iceland in 2026
Summary of Cost Of Living Comparison Between Finland and Iceland
• Cost of Living With Rent in Iceland is 61.5%higher than in Finland
• Cost of Living Excluding Rent in Iceland is 46.7%higher than in Finland
• Rental Cost in Iceland is 84.2%higher than in Finland
• Food & Groceries Cost in Iceland is 151.3%higher than in Finland
• Transportation Cost in Iceland is 73.9%higher than in Finland
• Healthcare Cost in Iceland is 12.5%higher than in Finland
• Salary in Iceland is 33.3%higher than in Finland
Disclaimer: The data presented on this page is for informational purposes only and should be used as a general guide. Actual costs may vary significantly based on individual lifestyle choices and current economic conditions. We strive to provide up-to-date information, but prices are subject to change without notice. Always conduct thorough personal research and consult with financial professionals before making important financial or relocation decisions.
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Comparison Details
Category
Subcategory
Description
Finland
Iceland
Difference (%)
Monthly rent for your primary residence (apartments, houses, condos)
$950.00
$1,750.00
84.2%
Monthly electricity bill
$85.00
$40.00
-52.9%
Monthly running water bill
$21.00
$20.00
-4.8%
Monthly broadband internet subscription with unlimited data and cable TV
$58.00
$95.00
63.8%
Monthly gas and heating expenses
$120.00
$80.00
-33.3%
Monthly mobile phone plan with data and calling
$34.00
$65.00
91.2%
Monthly food and grocery expenses
$378.00
$950.00
151.3%
Monthly expenses for basic household supplies and personal hygiene items (toiletries, cleaning supplies, and paper products)
$60.00
$110.00
83.3%
Monthly transportation costs (public transit, vehicle ownership, or ride-sharing)
$115.00
$200.00
73.9%
Monthly expenses for movies, coffee, drinks, and social activities (excluding shopping & dining)
$224.00
$140.00
-37.5%
Monthly expenses for clothing, shoes, and accessories
$80.00
$120.00
50.0%
Monthly health insurance cost
$120.00
$180.00
50.0%
Monthly prescription medications and pharmacy expenses
$70.00
$65.00
-7.1%
Monthly doctor visits and dental care expenses
$90.00
$70.00
-22.2%
Monthly gym membership
$55.00
$70.00
27.3%
Monthly expenses for laundry and housekeeping services
$140.00
$195.00
39.3%
Monthly expenses for food and basic care per pet (grooming, veterinary visits, treats, and medications)
