Published: Monday, 21th October 2024
The cost of living in Iceland is 4.41 times more expensive as compared to Tanzania.
On this page, you will find side-by-side cost comparison between Iceland and Tanzania. 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 Tanzania.
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  | Tanzania  |
|---|---|---|
1 BHK Apartment in City Center  | 200,000 ISK (1,420 USD) | 500,000 TZS (200 USD) |
2 BHK Apartment in City Center  | 300,000 ISK (2,130 USD) | 800,000 TZS (320 USD) |
3 BHK Apartment in City Center  | 400,000 ISK (2,840 USD) | 1,200,000 TZS (480 USD) |
1 BHK Apartment outside City Center  | 150,000 ISK (1,065 USD) | 300,000 TZS (120 USD) |
2 BHK Apartment outside City Center  | 200,000 ISK (1,420 USD) | 500,000 TZS (200 USD) |
3 BHK Apartment outside City Center  | 300,000 ISK (2,130 USD) | 800,000 TZS (320 USD) |
Mortgage Rates Per Month  | 4 % | 12 % |
Realtor Commission  | 2 % | 1.5 % |
Property Taxes  | 0.2 to 1.65 % | Yet to Update |
The average housing cost in Iceland is 6.72 times more expensive than Tanzania.
Indicators | Iceland | Tanzania |
|---|---|---|
Basic Home Furnishing  | 300,000 ISK (2,130 USD) | 2,000,000 TZS (800 USD) |
Electricity Cost Per Month  | 20,000 ISK (142 USD) | 50,000 TZS (20 USD) |
Heating Cost Per Month  | 25,000 ISK (177.50 USD) | 30,000 TZS (12 USD) |
Cooling Cost Per Month  | 10,000 ISK (71 USD) | 20,000 TZS (8 USD) |
Water Supply Cost Per Month  | 5,000 ISK (35.50 USD) | 20,000 TZS (8 USD) |
If you lived in Iceland, instead of Tanzania, you would have to pay 201.42% more for Utilities.
The basic home furnishing in Iceland costs 2.66 times more compared to Tanzania.
Indicators | Iceland | Tanzania |
|---|---|---|
Standard Wifi Cost Per Month  | 10,000 ISK (71 USD) | 50,000 TZS (20 USD) |
Mobile Phone Basic Plan Cost Per Month  | 5,000 ISK (35.50 USD) | 20,000 TZS (8 USD) |
Landline Basic Plan Cost Per Month  | 3,000 ISK (21.30 USD) | 10,000 TZS (4 USD) |
Cable TV Basic Plan Cost Per Month  | 8,000 ISK (56.80 USD) | 30,000 TZS (12 USD) |
The internet and communication costs 319.55% more in Iceland compared to Tanzania.
Indicators | Iceland | Tanzania |
|---|---|---|
Long Grain Rice (1 KG)  | 500 ISK (3.55 USD) | 2,500 TZS (1 USD) |
Milk (1 Liter)  | 250 ISK (1.78 USD) | 2,000 TZS (0.80 USD) |
Water (1 Liter)  | 50 ISK (0.36 USD) | 500 TZS (0.20 USD) |
Bread (500 gm)  | 150 ISK (1.07 USD) | 1,000 TZS (0.40 USD) |
Eggs (1 Dozen)  | 500 ISK (3.55 USD) | 1,500 TZS (0.60 USD) |
Cheese (1 KG)  | 1,200 ISK (8.52 USD) | 6,000 TZS (2.40 USD) |
Chicken Breast (1 KG)  | 1,000 ISK (7.10 USD) | 4,000 TZS (1.60 USD) |
In Iceland, the cost of 1 Liter Water and 1 Liter Milk is 2.13 times more expensive than the cost in Tanzania.
If you lived in Iceland, instead of Tanzania, you would have to pay 270.21% more for Groceries.
Indicators | Iceland | Tanzania |
|---|---|---|
Apples (1 KG)  | 800 ISK (5.68 USD) | 3,000 TZS (1.20 USD) |
Bananas (1 KG)  | 600 ISK (4.26 USD) | 1,500 TZS (0.60 USD) |
Oranges (1 KG)  | 700 ISK (4.97 USD) | 2,500 TZS (1 USD) |
Tomatoes (1 KG)  | 500 ISK (3.55 USD) | 2,000 TZS (0.80 USD) |
Potatoes (1 KG)  | 400 ISK (2.84 USD) | 1,500 TZS (0.60 USD) |
Lemons (1 KG)  | 700 ISK (4.97 USD) | 3,000 TZS (1.20 USD) |
Onions (1 KG)  | 600 ISK (4.26 USD) | 1,500 TZS (0.60 USD) |
Lentils (1 KG)  | 600 ISK (4.26 USD) | 2,500 TZS (1 USD) |
If you lived in Iceland, instead of Tanzania, you would have to pay 4.97 times more for Fruits and Vegetables.
Indicators | Iceland | Tanzania |
|---|---|---|
Meal at a Resonable Restaurant  | 3,500 ISK (24.85 USD) | 10,000 TZS (4 USD) |
Three-Course Meal for Two  | 8,000 ISK (56.80 USD) | 40,000 TZS (16 USD) |
Fast Food Combo Meal  | 1,500 ISK (10.65 USD) | 5,000 TZS (2 USD) |
Normal Coffee  | 500 ISK (3.55 USD) | 1,500 TZS (0.60 USD) |
Soft Drink  | 300 ISK (2.13 USD) | 1,000 TZS (0.40 USD) |
Pizza for One  | 2,500 ISK (17.75 USD) | 8,000 TZS (3.20 USD) |
Take-Out Delivery Meal  | 3,000 ISK (21.30 USD) | 6,000 TZS (2.40 USD) |
Cigarette Pack of 20  | 1,500 ISK (10.65 USD) | 4,000 TZS (1.60 USD) |
Dining-Out costs 389.01% more in Iceland compared to Tanzania.
Indicators | Iceland | Tanzania |
|---|---|---|
Wine Mid-Range Bottle  | 2,000 ISK (14.20 USD) | 20,000 TZS (8 USD) |
Glass of Wine  | 1,200 ISK (8.52 USD) | 5,000 TZS (2 USD) |
Domestic Beer Half Liter  | 600 ISK (4.26 USD) | 2,000 TZS (0.80 USD) |
Imported Beer Half Liter  | 800 ISK (5.68 USD) | 3,000 TZS (1.20 USD) |
Domestic Alcohol 1 Liter  | 3,000 ISK (21.30 USD) | 15,000 TZS (6 USD) |
Branded Alcohol 1 Liter  | 4,000 ISK (28.40 USD) | 25,000 TZS (10 USD) |
If you lived in Iceland, instead of Tanzania, you would have to pay 2.94 times more for usual hard drinks.
Indicators | Iceland | Tanzania |
|---|---|---|
Monthly Public Transportation Pass  | 15,000 ISK (106.50 USD) | 30,000 TZS (12 USD) |
Single Public Transportation Ticket  | 400 ISK (2.84 USD) | 500 TZS (0.20 USD) |
Single Train Ticket  | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket  | 30,000 ISK (213 USD) | 250,000 TZS (100 USD) |
Taxi Start Fare  | 800 ISK (5.68 USD) | 2,000 TZS (0.80 USD) |
Taxi Rate Per Kilometer  | 200 ISK (1.42 USD) | 1,000 TZS (0.40 USD) |
Car Rental Per Day  | 10,000 ISK (71 USD) | 60,000 TZS (24 USD) |
Parking Fees in City Center Per Hour  | 500 ISK (3.55 USD) | 1,000 TZS (0.40 USD) |
Parking Fees outside City Center Per Hour  | 300 ISK (2.13 USD) | 500 TZS (0.20 USD) |
If you lived in Iceland, instead of Tanzania, you would have to pay 2.94 times more for transportation.
Indicators | Iceland | Tanzania |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 4,000,000 ISK (28,400 USD) | 15,000,000 TZS (6,000 USD) |
Vehicle Registration Cost  | 15,000 ISK (106.50 USD) | 50,000 TZS (20 USD) |
Driving License Fees  | 5,000 ISK (35.50 USD) | 50,000 TZS (20 USD) |
Car Insurance Cost  | 40,000 ISK (284 USD) | 200,000 TZS (80 USD) |
Car Maintenance Cost  | 15,000 ISK (106.50 USD) | 50,000 TZS (20 USD) |
Car Loan Interest Rates  | 5 % | 15 % |
Fuel Per Liter  | 250 ISK (1.78 USD) | 2,500 TZS (1 USD) |
Fuel Per Gallon  | 1,200 ISK (8.52 USD) | 10,000 TZS (4 USD) |
Average Toll Fees  | 1,000 ISK 7.10 USD | Yet to Update |
You would have to pay 4.71 times more for Vehicle purchase, daily operation and maintenance in Iceland compared to that of Tanzania.
Indicators | Iceland | Tanzania |
|---|---|---|
Doctor Visit  | 5,000 ISK (35.50 USD) | 50,000 TZS (20 USD) |
Specialist Visit  | 10,000 ISK (71 USD) | 80,000 TZS (32 USD) |
Dentist Visit  | 8,000 ISK (56.80 USD) | 60,000 TZS (24 USD) |
Eye Exam  | 3,000 ISK (21.30 USD) | 30,000 TZS (12 USD) |
Mental Health Counseling  | 8,000 ISK (56.80 USD) | 70,000 TZS (28 USD) |
Preventive Health Screening  | 4,000 ISK (28.40 USD) | 20,000 TZS (8 USD) |
Physical Therapy  | 6,000 ISK (42.60 USD) | 50,000 TZS (20 USD) |
Emergency Room Visit  | 15,000 ISK (106.50 USD) | 70,000 TZS (28 USD) |
Hospital Stay Per Night  | 25,000 ISK (177.50 USD) | 150,000 TZS (60 USD) |
Vaccinations  | 2,500 ISK (17.75 USD) | 10,000 TZS (4 USD) |
Prescription Medication  | 1,500 ISK (10.65 USD) | 10,000 TZS (4 USD) |
Over the Counter Medication  | 800 ISK (5.68 USD) | 5,000 TZS (2 USD) |
Health Insurance Premiums  | 20,000 ISK (142 USD) | 150,000 TZS (60 USD) |
Health Insurance Deductibles  | 5,000 ISK (35.50 USD) | 300,000 TZS (120 USD) |
If you lived in Iceland, instead of Tanzania, you would have to pay 1.91 times more for Health and Medical Treatment.
Indicators | Iceland | Tanzania |
|---|---|---|
Cosmetic Procedures  | 30,000 ISK (213 USD) | 300,000 TZS (120 USD) |
Spa Treatment  | 10,000 ISK (71 USD) | 100,000 TZS (40 USD) |
Manicure Pedicure Cost  | 3,000 ISK (21.30 USD) | 25,000 TZS (10 USD) |
Optical Glasses Cost  | 10,000 ISK (71 USD) | 50,000 TZS (20 USD) |
Contact Lenses Cost  | 5,000 ISK (35.50 USD) | 30,000 TZS (12 USD) |
Haircuts  | 2,000 ISK (14.20 USD) | 15,000 TZS (6 USD) |
Hair Coloring  | 6,000 ISK (42.60 USD) | 50,000 TZS (20 USD) |
Shampoo Price  | 500 ISK (3.55 USD) | 5,000 TZS (2 USD) |
Toothpaste Price  | 200 ISK (1.42 USD) | 2,000 TZS (0.80 USD) |
If you lived in Iceland, instead of Tanzania, you would have to pay 2.05 times more for Personal Care Items and Treatment.
Indicators | Iceland | Tanzania |
|---|---|---|
Pair of Nike Running Shoes  | 15,000 ISK (106.50 USD) | 200,000 TZS (80 USD) |
Men's Shirt  | 5,000 ISK (35.50 USD) | 30,000 TZS (12 USD) |
Women's Dress  | 10,000 ISK (71 USD) | 80,000 TZS (32 USD) |
Summer Dress  | 5,000 ISK (35.50 USD) | 40,000 TZS (16 USD) |
Men's Suit  | 40,000 ISK (284 USD) | 600,000 TZS (240 USD) |
Men's Jeans  | 7,000 ISK (49.70 USD) | 80,000 TZS (32 USD) |
Women's Jeans  | 6,000 ISK (42.60 USD) | 60,000 TZS (24 USD) |
Men's Formal Shoes  | 7,000 ISK (49.70 USD) | 100,000 TZS (40 USD) |
Women's Formal Shoes  | 7,000 ISK (49.70 USD) | 100,000 TZS (40 USD) |
Men's Casual Shoes  | 5,000 ISK (35.50 USD) | 70,000 TZS (28 USD) |
Women's Casual Shoes  | 4,000 ISK (28.40 USD) | 70,000 TZS (28 USD) |
Underwear For Men  | 1,000 ISK (7.10 USD) | 10,000 TZS (4 USD) |
Underwear For Women  | 1,200 ISK (8.52 USD) | 10,000 TZS (4 USD) |
Socks For Men  | 300 ISK (2.13 USD) | 2,000 TZS (0.80 USD) |
Socks For Women  | 400 ISK (2.84 USD) | 2,000 TZS (0.80 USD) |
Wintercoat for Adults  | 8,000 ISK (56.80 USD) | 80,000 TZS (32 USD) |
Sportswear  | 6,000 ISK (42.60 USD) | 40,000 TZS (16 USD) |
If you lived in Iceland, instead of Tanzania, you would have to pay 1.44 times more for Clothing and Footwear for Adults.
Indicators | Iceland | Tanzania |
|---|---|---|
Children's Jeans  | 3,500 ISK (24.85 USD) | 30,000 TZS (12 USD) |
Children's Normal Sneakers  | 4,000 ISK (28.40 USD) | 40,000 TZS (16 USD) |
Children's Winter Coat  | 6,000 ISK (42.60 USD) | 50,000 TZS (20 USD) |
Daycare for Infant  | 25,000 ISK (177.50 USD) | 100,000 TZS (40 USD) |
Daycare for Toddler  | 20,000 ISK (142 USD) | 80,000 TZS (32 USD) |
Childcare for Sick Days  | 1,500 ISK (10.65 USD) | 40,000 TZS (16 USD) |
Early Childhood Education Programs  | 6,000 ISK (42.60 USD) | 200,000 TZS (80 USD) |
Extra Curricular Activities  | 3,000 ISK (21.30 USD) | 50,000 TZS (20 USD) |
Summer Camp for Kids  | 8,000 ISK (56.80 USD) | 100,000 TZS (40 USD) |
If you lived in Iceland, instead of Tanzania, you would have to pay 1.98 times more for Childcare and kids clothing.
Indicators | Iceland | Tanzania |
|---|---|---|
PreSchool Fees  | 30,000 ISK (213 USD) | 120,000 TZS (48 USD) |
Primary School Fees  | 40,000 ISK (284 USD) | 200,000 TZS (80 USD) |
Secondary School Fees  | 60,000 ISK (426 USD) | 250,000 TZS (100 USD) |
Private School Fees  | 80,000 ISK (568 USD) | 500,000 TZS (200 USD) |
University Tuition Fees  | 150,000 ISK (1,065 USD) | 1,200,000 TZS (480 USD) |
University Private Tuition Fees  | 200,000 ISK (1,420 USD) | 2,000,000 TZS (800 USD) |
After School Activities  | 5,000 ISK (35.50 USD) | 50,000 TZS (20 USD) |
Special Education Services  | 7,000 ISK (49.70 USD) | 80,000 TZS (32 USD) |
Tutoring  | 5,000 ISK (35.50 USD) | 40,000 TZS (16 USD) |
Textbooks Cost  | 4,000 ISK (28.40 USD) | 50,000 TZS (20 USD) |
School Supplies  | 2,000 ISK (14.20 USD) | 20,000 TZS (8 USD) |
If you lived in Iceland, instead of Tanzania, you would have to pay 2.29 times more for school and education.
Indicators | Iceland | Tanzania |
|---|---|---|
Movie Ticket (Single)  | 1,000 ISK (7.10 USD) | 10,000 TZS (4 USD) |
Theater Ticket (Single)  | 2,000 ISK (14.20 USD) | 25,000 TZS (10 USD) |
Concert Ticket (Single)  | 2,500 ISK (17.75 USD) | 30,000 TZS (12 USD) |
Sports Event Ticket (Single)  | 1,500 ISK (10.65 USD) | 20,000 TZS (8 USD) |
Gym Membership  | 6,000 ISK (42.60 USD) | 50,000 TZS (20 USD) |
Swimming Pool Access  | 5,000 ISK (35.50 USD) | 40,000 TZS (16 USD) |
Museum Entry Ticket  | 1,000 ISK (7.10 USD) | 5,000 TZS (2 USD) |
Zoo Entry Ticket  | 1,500 ISK (10.65 USD) | 10,000 TZS (4 USD) |
Amusement Park Entry Ticket  | 2,000 ISK (14.20 USD) | 20,000 TZS (8 USD) |
Bowling  | 1,000 ISK (7.10 USD) | 10,000 TZS (4 USD) |
Mini Golf  | 1,500 ISK (10.65 USD) | 15,000 TZS (6 USD) |
Video Games  | 5,000 ISK (35.50 USD) | 150,000 TZS (60 USD) |
Streaming Services  | 1,000 ISK (7.10 USD) | 20,000 TZS (8 USD) |
Outdoor Equipment Rental  | 1,000 ISK (7.10 USD) | 50,000 TZS (20 USD) |
Theme Park Annual Pass  | 50,000 ISK (355 USD) | 150,000 TZS (60 USD) |
If you lived in Iceland, instead of Tanzania, you would have to pay 2.41 times more for entertainment, recreation and fun activities.
Indicators | Iceland | Tanzania |
|---|---|---|
Language Classes  | 5,000 ISK (35.50 USD) | 50,000 TZS (20 USD) |
Parenting Classes  | 5,000 ISK (35.50 USD) | 30,000 TZS (12 USD) |
Art Classes  | 3,000 ISK (21.30 USD) | 30,000 TZS (12 USD) |
Fitness Classes  | 6,000 ISK (42.60 USD) | 20,000 TZS (8 USD) |
Music Lessons  | 4,000 ISK (28.40 USD) | 50,000 TZS (20 USD) |
Dance Lessons  | 4,000 ISK (28.40 USD) | 40,000 TZS (16 USD) |
Reading Materials for Classes  | 1,000 ISK (7.10 USD) | 5,000 TZS (2 USD) |
Educational Software  | 3,000 ISK (21.30 USD) | 20,000 TZS (8 USD) |
If you lived in Iceland, instead of Tanzania, you would have to pay 2.25 times more for Private Classes.
Indicators | Iceland | Tanzania |
|---|---|---|
Average Gross Monthly Salary  | 450,000 ISK (3,195 USD) | 1,000,000 TZS (400 USD) |
Average Net Monthly Salary  | 350,000 ISK (2,485 USD) | 750,000 TZS (300 USD) |
Minimum Wages  | 6,666.67 ISK per hour (47.33 USD) | 20,000 TZS per hour (8 USD) |
Average Bonus  | 40,000 ISK (284 USD) | 100,000 TZS (40 USD) |
Income Tax Rate  | 0 to 24 % | 0 to 18 % |
Social Security Contributions  | 7 % | 10 % |
Pension Contributions  | 8 % | 5 % |
Cost of Living Index  | 12 | 35 |
Median Household Income  | 400,000 ISK (2,840 USD) | 800,000 TZS (320 USD) |
If you lived in Iceland, you would earn 8.29 times more salary as compared to Tanzania.
Indicators | Iceland | Tanzania |
|---|---|---|
Legal Consultation Per Hour Rate  | 10,000 ISK (71 USD) | 50,000 TZS (20 USD) |
Accounting Services Per Hour Rate  | 7,000 ISK (49.70 USD) | 40,000 TZS (16 USD) |
IT Support Services Per Hour Rate  | 5,000 ISK (35.50 USD) | 30,000 TZS (12 USD) |
Technician Services Per Hour Rate  | 4,000 ISK (28.40 USD) | 20,000 TZS (8 USD) |
Professional Services cost 3.30 times more in Iceland, as compared to Tanzania.
We hope you enjoyed the detailed guide on the cost of living comparsion between Iceland and Tanzania.
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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