Published: Monday, 21th October 2024
The cost of living in Iceland is 1.24 times more expensive as compared to North Korea.
On this page, you will find side-by-side cost comparison between Iceland and North Korea. 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 North Korea.
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 ![]() | ![]() North Korea ![]() |
---|---|---|
1 BHK Apartment in City Center ![]() | 200,000 ISK (1,420 USD) | 529,339 KPW (582.27 USD) |
2 BHK Apartment in City Center ![]() | 300,000 ISK (2,130 USD) | 993,638 KPW (1,093 USD) |
3 BHK Apartment in City Center ![]() | 400,000 ISK (2,840 USD) | 1,657,730 KPW (1,823.50 USD) |
1 BHK Apartment outside City Center ![]() | 150,000 ISK (1,065 USD) | 331,467 KPW (364.61 USD) |
2 BHK Apartment outside City Center ![]() | 200,000 ISK (1,420 USD) | 662,934 KPW (729.23 USD) |
3 BHK Apartment outside City Center ![]() | 300,000 ISK (2,130 USD) | 993,638 KPW (1,093 USD) |
Mortgage Rates Per Month ![]() | 4 % | 4.2 % |
Realtor Commission ![]() | 2 % | 1.3 % |
Property Taxes ![]() | 0.2 to 1.65 % | Yet to Update |
The average housing cost in Iceland is 1.93 times more expensive than North Korea.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() North Korea ![]() |
---|---|---|
Basic Home Furnishing ![]() | 300,000 ISK (2,130 USD) | 1,325,319 KPW (1,457.85 USD) |
Electricity Cost Per Month ![]() | 20,000 ISK (142 USD) | 33,114 KPW (36.43 USD) |
Heating Cost Per Month ![]() | 25,000 ISK (177.50 USD) | 46,340 KPW (50.97 USD) |
Cooling Cost Per Month ![]() | 10,000 ISK (71 USD) | 26,482 KPW (29.13 USD) |
Water Supply Cost Per Month ![]() | 5,000 ISK (35.50 USD) | 13,237 KPW (14.56 USD) |
If you lived in Iceland, instead of North Korea, you would have to pay 60.86% more for Utilities.
The basic home furnishing in Iceland costs 1.46 times more compared to North Korea.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() North Korea ![]() |
---|---|---|
Standard Wifi Cost Per Month ![]() | 10,000 ISK (71 USD) | 19,878 KPW (21.87 USD) |
Mobile Phone Basic Plan Cost Per Month ![]() | 5,000 ISK (35.50 USD) | 19,878 KPW (21.87 USD) |
Landline Basic Plan Cost Per Month ![]() | 3,000 ISK (21.30 USD) | 6,618 KPW (7.28 USD) |
Cable TV Basic Plan Cost Per Month ![]() | 8,000 ISK (56.80 USD) | 13,237 KPW (14.56 USD) |
The internet and communication costs 181.52% more in Iceland compared to North Korea.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() North Korea ![]() |
---|---|---|
Long Grain Rice (1 KG) ![]() | 500 ISK (3.55 USD) | 2,651 KPW (2.92 USD) |
Milk (1 Liter) ![]() | 250 ISK (1.78 USD) | 1,324 KPW (1.46 USD) |
Water (1 Liter) ![]() | 50 ISK (0.36 USD) | 662 KPW (0.73 USD) |
Bread (500 gm) ![]() | 150 ISK (1.07 USD) | 1,656 KPW (1.82 USD) |
Eggs (1 Dozen) ![]() | 500 ISK (3.55 USD) | 1,989 KPW (2.19 USD) |
Cheese (1 KG) ![]() | 1,200 ISK (8.52 USD) | 5,304 KPW (5.83 USD) |
Chicken Breast (1 KG) ![]() | 1,000 ISK (7.10 USD) | 6,621 KPW (7.28 USD) |
In Iceland, the cost of 1 Liter Water and 1 Liter Milk is 1.03 times less expensive than the cost in North Korea.
If you lived in Iceland, instead of North Korea, you would have to pay 16.59% more for Groceries.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() North Korea ![]() |
---|---|---|
Apples (1 KG) ![]() | 800 ISK (5.68 USD) | 3,307 KPW (3.64 USD) |
Bananas (1 KG) ![]() | 600 ISK (4.26 USD) | 1,989 KPW (2.19 USD) |
Oranges (1 KG) ![]() | 700 ISK (4.97 USD) | 2,651 KPW (2.92 USD) |
Tomatoes (1 KG) ![]() | 500 ISK (3.55 USD) | 2,322 KPW (2.55 USD) |
Potatoes (1 KG) ![]() | 400 ISK (2.84 USD) | 1,656 KPW (1.82 USD) |
Lemons (1 KG) ![]() | 700 ISK (4.97 USD) | 3,307 KPW (3.64 USD) |
Onions (1 KG) ![]() | 600 ISK (4.26 USD) | 1,989 KPW (2.19 USD) |
Lentils (1 KG) ![]() | 600 ISK (4.26 USD) | 3,975 KPW (4.37 USD) |
If you lived in Iceland, instead of North Korea, you would have to pay 1.49 times more for Fruits and Vegetables.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() North Korea ![]() |
---|---|---|
Meal at a Resonable Restaurant ![]() | 3,500 ISK (24.85 USD) | 7,944 KPW (8.74 USD) |
Three-Course Meal for Two ![]() | 8,000 ISK (56.80 USD) | 33,151 KPW (36.47 USD) |
Fast Food Combo Meal ![]() | 1,500 ISK (10.65 USD) | 5,307 KPW (5.84 USD) |
Normal Coffee ![]() | 500 ISK (3.55 USD) | 2,651 KPW (2.92 USD) |
Soft Drink ![]() | 300 ISK (2.13 USD) | 1,657 KPW (1.82 USD) |
Pizza for One ![]() | 2,500 ISK (17.75 USD) | 13,237 KPW (14.56 USD) |
Take-Out Delivery Meal ![]() | 3,000 ISK (21.30 USD) | 7,944 KPW (8.74 USD) |
Cigarette Pack of 20 ![]() | 1,500 ISK (10.65 USD) | 3,307 KPW (3.64 USD) |
Dining-Out costs 78.53% more in Iceland compared to North Korea.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() North Korea ![]() |
---|---|---|
Wine Mid-Range Bottle ![]() | 2,000 ISK (14.20 USD) | 19,878 KPW (21.87 USD) |
Glass of Wine ![]() | 1,200 ISK (8.52 USD) | 6,621 KPW (7.28 USD) |
Domestic Beer Half Liter ![]() | 600 ISK (4.26 USD) | 1,989 KPW (2.19 USD) |
Imported Beer Half Liter ![]() | 800 ISK (5.68 USD) | 2,651 KPW (2.92 USD) |
Domestic Alcohol 1 Liter ![]() | 3,000 ISK (21.30 USD) | 9,926 KPW (10.92 USD) |
Branded Alcohol 1 Liter ![]() | 4,000 ISK (28.40 USD) | 19,878 KPW (21.87 USD) |
If you lived in Iceland, instead of North Korea, you would have to pay 1.23 times more for usual hard drinks.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() North Korea ![]() |
---|---|---|
Monthly Public Transportation Pass ![]() | 15,000 ISK (106.50 USD) | 39,869 KPW (43.86 USD) |
Single Public Transportation Ticket ![]() | 400 ISK (2.84 USD) | 796 KPW (0.88 USD) |
Single Train Ticket ![]() | Yet to Update () | 46,328 KPW (50.96 USD) |
Domestic Airplane Ticket ![]() | 30,000 ISK (213 USD) | 132,532 KPW (145.79 USD) |
Taxi Start Fare ![]() | 800 ISK (5.68 USD) | 1,988 KPW (2.19 USD) |
Taxi Rate Per Kilometer ![]() | 200 ISK (1.42 USD) | 662 KPW (0.73 USD) |
Car Rental Per Day ![]() | 10,000 ISK (71 USD) | 46,328 KPW (50.96 USD) |
Parking Fees in City Center Per Hour ![]() | 500 ISK (3.55 USD) | 1,988 KPW (2.19 USD) |
Parking Fees outside City Center Per Hour ![]() | 300 ISK (2.13 USD) | 994 KPW (1.09 USD) |
If you lived in Iceland, instead of North Korea, you would have to pay 1.36 times more for transportation.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() North Korea ![]() |
---|---|---|
Reasonable Vehicle Purchase Cost ![]() | 4,000,000 ISK (28,400 USD) | 19,858,740 KPW (21,844.61 USD) |
Vehicle Registration Cost ![]() | 15,000 ISK (106.50 USD) | 132,532 KPW (145.79 USD) |
Driving License Fees ![]() | 5,000 ISK (35.50 USD) | 33,114 KPW (36.43 USD) |
Car Insurance Cost ![]() | 40,000 ISK (284 USD) | 330,531 KPW (363.58 USD) |
Car Maintenance Cost ![]() | 15,000 ISK (106.50 USD) | 99,396 KPW (109.34 USD) |
Car Loan Interest Rates ![]() | 5 % | 4.2 % |
Fuel Per Liter ![]() | 250 ISK (1.78 USD) | 993 KPW (1.09 USD) |
Fuel Per Gallon ![]() | 1,200 ISK (8.52 USD) | 3,969 KPW (4.37 USD) |
Average Toll Fees ![]() | 1,000 ISK 7.10 USD | 3,308 KPW 3.64 USD |
You would have to pay 1.29 times more for Vehicle purchase, daily operation and maintenance in Iceland compared to that of North Korea.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() North Korea ![]() |
---|---|---|
Doctor Visit ![]() | 5,000 ISK (35.50 USD) | 46,328 KPW (50.96 USD) |
Specialist Visit ![]() | 10,000 ISK (71 USD) | 99,396 KPW (109.34 USD) |
Dentist Visit ![]() | 8,000 ISK (56.80 USD) | 52,953 KPW (58.25 USD) |
Eye Exam ![]() | 3,000 ISK (21.30 USD) | 39,869 KPW (43.86 USD) |
Mental Health Counseling ![]() | 8,000 ISK (56.80 USD) | 66,832 KPW (73.52 USD) |
Preventive Health Screening ![]() | 4,000 ISK (28.40 USD) | 52,953 KPW (58.25 USD) |
Physical Therapy ![]() | 6,000 ISK (42.60 USD) | 46,328 KPW (50.96 USD) |
Emergency Room Visit ![]() | 15,000 ISK (106.50 USD) | 99,396 KPW (109.34 USD) |
Hospital Stay Per Night ![]() | 25,000 ISK (177.50 USD) | 132,532 KPW (145.79 USD) |
Vaccinations ![]() | 2,500 ISK (17.75 USD) | 19,878 KPW (21.87 USD) |
Prescription Medication ![]() | 1,500 ISK (10.65 USD) | 13,237 KPW (14.56 USD) |
Over the Counter Medication ![]() | 800 ISK (5.68 USD) | 6,618 KPW (7.28 USD) |
Health Insurance Premiums ![]() | 20,000 ISK (142 USD) | 99,396 KPW (109.34 USD) |
Health Insurance Deductibles ![]() | 5,000 ISK (35.50 USD) | 19,878 KPW (21.87 USD) |
If you lived in Iceland, instead of North Korea, you would have to pay 1.08 times less for Health and Medical Treatment.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() North Korea ![]() |
---|---|---|
Cosmetic Procedures ![]() | 30,000 ISK (213 USD) | 331,391 KPW (364.53 USD) |
Spa Treatment ![]() | 10,000 ISK (71 USD) | 99,396 KPW (109.34 USD) |
Manicure Pedicure Cost ![]() | 3,000 ISK (21.30 USD) | 33,114 KPW (36.43 USD) |
Optical Glasses Cost ![]() | 10,000 ISK (71 USD) | 99,396 KPW (109.34 USD) |
Contact Lenses Cost ![]() | 5,000 ISK (35.50 USD) | 66,832 KPW (73.52 USD) |
Haircuts ![]() | 2,000 ISK (14.20 USD) | 13,237 KPW (14.56 USD) |
Hair Coloring ![]() | 6,000 ISK (42.60 USD) | 52,953 KPW (58.25 USD) |
Shampoo Price ![]() | 500 ISK (3.55 USD) | 2,651 KPW (2.92 USD) |
Toothpaste Price ![]() | 200 ISK (1.42 USD) | 1,324 KPW (1.46 USD) |
If you lived in Iceland, instead of North Korea, you would have to pay 1.63 times less for Personal Care Items and Treatment.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() North Korea ![]() |
---|---|---|
Pair of Nike Running Shoes ![]() | 15,000 ISK (106.50 USD) | 66,832 KPW (73.52 USD) |
Men's Shirt ![]() | 5,000 ISK (35.50 USD) | 26,482 KPW (29.13 USD) |
Women's Dress ![]() | 10,000 ISK (71 USD) | 52,953 KPW (58.25 USD) |
Summer Dress ![]() | 5,000 ISK (35.50 USD) | 26,482 KPW (29.13 USD) |
Men's Suit ![]() | 40,000 ISK (284 USD) | 331,391 KPW (364.53 USD) |
Men's Jeans ![]() | 7,000 ISK (49.70 USD) | 39,869 KPW (43.86 USD) |
Women's Jeans ![]() | 6,000 ISK (42.60 USD) | 33,114 KPW (36.43 USD) |
Men's Formal Shoes ![]() | 7,000 ISK (49.70 USD) | 79,422 KPW (87.36 USD) |
Women's Formal Shoes ![]() | 7,000 ISK (49.70 USD) | 66,832 KPW (73.52 USD) |
Men's Casual Shoes ![]() | 5,000 ISK (35.50 USD) | 52,953 KPW (58.25 USD) |
Women's Casual Shoes ![]() | 4,000 ISK (28.40 USD) | 39,869 KPW (43.86 USD) |
Underwear For Men ![]() | 1,000 ISK (7.10 USD) | 6,618 KPW (7.28 USD) |
Underwear For Women ![]() | 1,200 ISK (8.52 USD) | 6,618 KPW (7.28 USD) |
Socks For Men ![]() | 300 ISK (2.13 USD) | 3,309 KPW (3.64 USD) |
Socks For Women ![]() | 400 ISK (2.84 USD) | 3,309 KPW (3.64 USD) |
Wintercoat for Adults ![]() | 8,000 ISK (56.80 USD) | 66,832 KPW (73.52 USD) |
Sportswear ![]() | 6,000 ISK (42.60 USD) | 33,114 KPW (36.43 USD) |
If you lived in Iceland, instead of North Korea, you would have to pay 1.13 times less for Clothing and Footwear for Adults.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() North Korea ![]() |
---|---|---|
Children's Jeans ![]() | 3,500 ISK (24.85 USD) | 19,878 KPW (21.87 USD) |
Children's Normal Sneakers ![]() | 4,000 ISK (28.40 USD) | 26,482 KPW (29.13 USD) |
Children's Winter Coat ![]() | 6,000 ISK (42.60 USD) | 39,869 KPW (43.86 USD) |
Daycare for Infant ![]() | 25,000 ISK (177.50 USD) | 198,792 KPW (218.67 USD) |
Daycare for Toddler ![]() | 20,000 ISK (142 USD) | 165,659 KPW (182.22 USD) |
Childcare for Sick Days ![]() | 1,500 ISK (10.65 USD) | 33,114 KPW (36.43 USD) |
Early Childhood Education Programs ![]() | 6,000 ISK (42.60 USD) | 331,391 KPW (364.53 USD) |
Extra Curricular Activities ![]() | 3,000 ISK (21.30 USD) | 66,832 KPW (73.52 USD) |
Summer Camp for Kids ![]() | 8,000 ISK (56.80 USD) | 132,532 KPW (145.79 USD) |
If you lived in Iceland, instead of North Korea, you would have to pay 2.04 times less for Childcare and kids clothing.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() North Korea ![]() |
---|---|---|
PreSchool Fees ![]() | 30,000 ISK (213 USD) | 132,532 KPW (145.79 USD) |
Primary School Fees ![]() | 40,000 ISK (284 USD) | 331,391 KPW (364.53 USD) |
Secondary School Fees ![]() | 60,000 ISK (426 USD) | 463,147 KPW (509.46 USD) |
Private School Fees ![]() | 80,000 ISK (568 USD) | 662,934 KPW (729.23 USD) |
University Tuition Fees ![]() | 150,000 ISK (1,065 USD) | 1,325,319 KPW (1,457.85 USD) |
University Private Tuition Fees ![]() | 200,000 ISK (1,420 USD) | 2,650,637 KPW (2,915.70 USD) |
After School Activities ![]() | 5,000 ISK (35.50 USD) | 66,832 KPW (73.52 USD) |
Special Education Services ![]() | 7,000 ISK (49.70 USD) | 198,792 KPW (218.67 USD) |
Tutoring ![]() | 5,000 ISK (35.50 USD) | 33,114 KPW (36.43 USD) |
Textbooks Cost ![]() | 4,000 ISK (28.40 USD) | 66,832 KPW (73.52 USD) |
School Supplies ![]() | 2,000 ISK (14.20 USD) | 19,878 KPW (21.87 USD) |
If you lived in Iceland, instead of North Korea, you would have to pay 1.58 times less for school and education.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() North Korea ![]() |
---|---|---|
Movie Ticket (Single) ![]() | 1,000 ISK (7.10 USD) | 7,944 KPW (8.74 USD) |
Theater Ticket (Single) ![]() | 2,000 ISK (14.20 USD) | 19,878 KPW (21.87 USD) |
Concert Ticket (Single) ![]() | 2,500 ISK (17.75 USD) | 46,328 KPW (50.96 USD) |
Sports Event Ticket (Single) ![]() | 1,500 ISK (10.65 USD) | 33,114 KPW (36.43 USD) |
Gym Membership ![]() | 6,000 ISK (42.60 USD) | 52,953 KPW (58.25 USD) |
Swimming Pool Access ![]() | 5,000 ISK (35.50 USD) | 19,878 KPW (21.87 USD) |
Museum Entry Ticket ![]() | 1,000 ISK (7.10 USD) | 3,309 KPW (3.64 USD) |
Zoo Entry Ticket ![]() | 1,500 ISK (10.65 USD) | 6,618 KPW (7.28 USD) |
Amusement Park Entry Ticket ![]() | 2,000 ISK (14.20 USD) | 13,237 KPW (14.56 USD) |
Bowling ![]() | 1,000 ISK (7.10 USD) | 6,618 KPW (7.28 USD) |
Mini Golf ![]() | 1,500 ISK (10.65 USD) | 9,869 KPW (10.86 USD) |
Video Games ![]() | 5,000 ISK (35.50 USD) | 19,878 KPW (21.87 USD) |
Streaming Services ![]() | 1,000 ISK (7.10 USD) | 13,237 KPW (14.56 USD) |
Outdoor Equipment Rental ![]() | 1,000 ISK (7.10 USD) | 6,618 KPW (7.28 USD) |
Theme Park Annual Pass ![]() | 50,000 ISK (355 USD) | 99,396 KPW (109.34 USD) |
If you lived in Iceland, instead of North Korea, you would have to pay 1.47 times more for entertainment, recreation and fun activities.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() North Korea ![]() |
---|---|---|
Language Classes ![]() | 5,000 ISK (35.50 USD) | 132,532 KPW (145.79 USD) |
Parenting Classes ![]() | 5,000 ISK (35.50 USD) | 99,396 KPW (109.34 USD) |
Art Classes ![]() | 3,000 ISK (21.30 USD) | 16,561 KPW (18.22 USD) |
Fitness Classes ![]() | 6,000 ISK (42.60 USD) | 13,237 KPW (14.56 USD) |
Music Lessons ![]() | 4,000 ISK (28.40 USD) | 26,482 KPW (29.13 USD) |
Dance Lessons ![]() | 4,000 ISK (28.40 USD) | 19,878 KPW (21.87 USD) |
Reading Materials for Classes ![]() | 1,000 ISK (7.10 USD) | 6,618 KPW (7.28 USD) |
Educational Software ![]() | 3,000 ISK (21.30 USD) | 66,832 KPW (73.52 USD) |
If you lived in Iceland, instead of North Korea, you would have to pay 1.91 times less for Private Classes.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() North Korea ![]() |
---|---|---|
Average Gross Monthly Salary ![]() | 450,000 ISK (3,195 USD) | 1,989,807 KPW (2,188.79 USD) |
Average Net Monthly Salary ![]() | 350,000 ISK (2,485 USD) | 1,593,462 KPW (1,752.81 USD) |
Minimum Wages ![]() | 6,666.67 ISK per hour (47.33 USD) | 55,192.63 KPW per hour (60.71 USD) |
Average Bonus ![]() | 40,000 ISK (284 USD) | 331,391 KPW (364.53 USD) |
Income Tax Rate ![]() | 0 to 24 % | 0 % |
Social Security Contributions ![]() | 7 % | 5 % |
Pension Contributions ![]() | 8 % | 5 % |
Cost of Living Index ![]() | 12 | 65 |
Median Household Income ![]() | 400,000 ISK (2,840 USD) | 1,655,779 KPW (1,821.36 USD) |
If you lived in Iceland, you would earn 1.43 times more salary as compared to North Korea.
![]() Indicators ![]() | ![]() Iceland ![]() | ![]() North Korea ![]() |
---|---|---|
Legal Consultation Per Hour Rate ![]() | 10,000 ISK (71 USD) | 66,832 KPW (73.52 USD) |
Accounting Services Per Hour Rate ![]() | 7,000 ISK (49.70 USD) | 52,953 KPW (58.25 USD) |
IT Support Services Per Hour Rate ![]() | 5,000 ISK (35.50 USD) | 46,328 KPW (50.96 USD) |
Technician Services Per Hour Rate ![]() | 4,000 ISK (28.40 USD) | 39,869 KPW (43.86 USD) |
Professional Services cost 1.23 times less in Iceland, as compared to North Korea.
We hope you enjoyed the detailed guide on the cost of living comparsion between Iceland and North Korea.
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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