Published: Monday, 21th October 2024
The cost of living in Texas is 3.87 times more expensive as compared to Iceland.
In this page, you will find side-by-side cost comparison between Texas and Iceland covering various aspects. 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 entity is more expensive to live in between Texas and Iceland.
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Indicators | Texas | Iceland |
---|---|---|
1 BHK Apartment in City Center | 1,400 USD | 200,000 ISK (1,420 USD) |
2 BHK Apartment in City Center | 2,000 USD | 300,000 ISK (2,130 USD) |
3 BHK Apartment in City Center | 2,500 USD | 400,000 ISK (2,840 USD) |
1 BHK Apartment outside City Center | 1,100 USD | 150,000 ISK (1,065 USD) |
2 BHK Apartment outside City Center | 1,500 USD | 200,000 ISK (1,420 USD) |
3 BHK Apartment outside City Center | 1,900 USD | 300,000 ISK (2,130 USD) |
Mortgage Rates Per Month | 6.5 % | 4 % |
Realtor Commission | 5 % | 2 % |
Property Taxes | 1.68 % | 0.2 to 1.65 % |
The average housing cost in Texas is 1.06 times less expensive than Iceland.
Indicators | Texas | Iceland |
---|---|---|
Basic Home Furnishing | 9,000 USD | 300,000 ISK (2,130 USD) |
Electricity Cost Per Month | 150 USD | 20,000 ISK (142 USD) |
Heating Cost Per Month | 80 USD | 25,000 ISK (177.50 USD) |
Cooling Cost Per Month | 130 USD | 10,000 ISK (71 USD) |
Water Supply Cost Per Month | 40 USD | 5,000 ISK (35.50 USD) |
If you lived in Texas, instead of Iceland, you would have to pay 267.76% more for Utilities.
The basic home furnishing in Texas costs 4.23 times more compared to Iceland.
Indicators | Texas | Iceland |
---|---|---|
Standard Wifi Cost Per Month | 65 USD | 10,000 ISK (71 USD) |
Mobile Phone Basic Plan Cost Per Month | 75 USD | 5,000 ISK (35.50 USD) |
Landline Basic Plan Cost Per Month | 30 USD | 3,000 ISK (21.30 USD) |
Cable TV Basic Plan Cost Per Month | 60 USD | 8,000 ISK (56.80 USD) |
The internet and communication costs 24.59% more in Texas compared to Iceland.
Indicators | Texas | Iceland |
---|---|---|
Long Grain Rice (1 KG) | 4 USD | 500 ISK (3.55 USD) |
Milk (1 Liter) | 1.10 USD | 250 ISK (1.78 USD) |
Water (1 Liter) | 1.30 USD | 50 ISK (0.36 USD) |
Bread (500 gm) | 3.50 USD | 150 ISK (1.07 USD) |
Eggs (1 Dozen) | 2.75 USD | 500 ISK (3.55 USD) |
Cheese (1 KG) | 10 USD | 1,200 ISK (8.52 USD) |
Chicken Breast (1 KG) | 9 USD | 1,000 ISK (7.10 USD) |
In Texas, the cost of 1 Liter Water and 1 Liter Milk is 1.13 times more expensive than the cost in Iceland.
If you lived in Texas, instead of Iceland, you would have to pay 22.13% more for Groceries.
Indicators | Texas | Iceland |
---|---|---|
Apples (1 KG) | 4.50 USD | 800 ISK (5.68 USD) |
Bananas (1 KG) | 1.60 USD | 600 ISK (4.26 USD) |
Oranges (1 KG) | 4.50 USD | 700 ISK (4.97 USD) |
Tomatoes (1 KG) | 5 USD | 500 ISK (3.55 USD) |
Potatoes (1 KG) | 3.80 USD | 400 ISK (2.84 USD) |
Lemons (1 KG) | 3.75 USD | 700 ISK (4.97 USD) |
Onions (1 KG) | 3.20 USD | 600 ISK (4.26 USD) |
Lentils (1 KG) | 4.20 USD | 600 ISK (4.26 USD) |
If you lived in Texas, instead of Iceland, you would have to pay 1.14 times less for Fruits and Vegetables.
Indicators | Texas | Iceland |
---|---|---|
Meal at a Resonable Restaurant | 18 USD | 3,500 ISK (24.85 USD) |
Three-Course Meal for Two | 60 USD | 8,000 ISK (56.80 USD) |
Fast Food Combo Meal | 9 USD | 1,500 ISK (10.65 USD) |
Normal Coffee | 4 USD | 500 ISK (3.55 USD) |
Soft Drink | 2.50 USD | 300 ISK (2.13 USD) |
Pizza for One | 14 USD | 2,500 ISK (17.75 USD) |
Take-Out Delivery Meal | 20 USD | 3,000 ISK (21.30 USD) |
Cigarette Pack of 20 | 9 USD | 1,500 ISK (10.65 USD) |
Dining-Out costs 7.57% less in Texas compared to Iceland.
Indicators | Texas | Iceland |
---|---|---|
Wine Mid-Range Bottle | 14 USD | 2,000 ISK (14.20 USD) |
Glass of Wine | 12 USD | 1,200 ISK (8.52 USD) |
Domestic Beer Half Liter | 3.50 USD | 600 ISK (4.26 USD) |
Imported Beer Half Liter | 5 USD | 800 ISK (5.68 USD) |
Domestic Alcohol 1 Liter | 22 USD | 3,000 ISK (21.30 USD) |
Branded Alcohol 1 Liter | 35 USD | 4,000 ISK (28.40 USD) |
If you lived in Texas, instead of Iceland, you would have to pay 1.11 times more for usual hard drinks.
Indicators | Texas | Iceland |
---|---|---|
Monthly Public Transportation Pass | 70 USD | 15,000 ISK (106.50 USD) |
Single Public Transportation Ticket | 2.50 USD | 400 ISK (2.84 USD) |
Single Train Ticket | 16 USD | Yet to Update |
Domestic Airplane Ticket | 300 USD | 30,000 ISK (213 USD) |
Taxi Start Fare | 3 USD | 800 ISK (5.68 USD) |
Taxi Rate Per Kilometer | 1.40 USD | 200 ISK (1.42 USD) |
Car Rental Per Day | 80 USD | 10,000 ISK (71 USD) |
Parking Fees in City Center Per Hour | 4 USD | 500 ISK (3.55 USD) |
Parking Fees outside City Center Per Hour | 2.50 USD | 300 ISK (2.13 USD) |
If you lived in Texas, instead of Iceland, you would have to pay 1.18 times more for transportation.
Indicators | Texas | Iceland |
---|---|---|
Reasonable Vehicle Purchase Cost | 32,000 USD | 4,000,000 ISK (28,400 USD) |
Vehicle Registration Cost | 150 USD | 15,000 ISK (106.50 USD) |
Driving License Fees | 70 USD | 5,000 ISK (35.50 USD) |
Car Insurance Cost | 130 USD | 40,000 ISK (284 USD) |
Car Maintainence Cost | 650 USD | 15,000 ISK (106.50 USD) |
Car Loan Interest Rates | 4.2 % | 5 % |
Fuel Per Liter | 0.85 USD | 250 ISK (1.78 USD) |
Fuel Per Gallon | 3.21 USD | 1,200 ISK (8.52 USD) |
Average Toll Fees | 7 USD | 1,000 ISK (7.10 USD) |
You would have to pay 1.14 times more for Vehicle purchase, daily operation and maintainence in Texas compared to that of Iceland.
Indicators | Texas | Iceland |
---|---|---|
Doctor Visit | 130 USD | 5,000 ISK (35.50 USD) |
Specialist Visit | 170 USD | 10,000 ISK (71 USD) |
Dentist Visit | 110 USD | 8,000 ISK (56.80 USD) |
Eye Exam | 85 USD | 3,000 ISK (21.30 USD) |
Mental Health Counseling | 110 USD | 8,000 ISK (56.80 USD) |
Preventive Health Screening | 220 USD | 4,000 ISK (28.40 USD) |
Physical Therapy | 100 USD | 6,000 ISK (42.60 USD) |
Emergency Room Visit | 650 USD | 15,000 ISK (106.50 USD) |
Hospital Stay Per Night | 4,500 USD | 25,000 ISK (177.50 USD) |
Vaccinations | 110 USD | 2,500 ISK (17.75 USD) |
Prescription Medication | 12 USD | 1,500 ISK (10.65 USD) |
Over the Counter Medication | 10 USD | 800 ISK (5.68 USD) |
Health Insurance Premiums | 420 USD | 20,000 ISK (142 USD) |
Health Insurance Deductibles | 900 USD | 5,000 ISK (35.50 USD) |
If you lived in Texas, instead of Iceland, you would have to pay 9.32 times more for Health and Medical Treatment.
Indicators | Texas | Iceland |
---|---|---|
Cosmetic Procedures | 2,700 USD | 30,000 ISK (213 USD) |
Spa Treatment | 120 USD | 10,000 ISK (71 USD) |
Manicure Pedicure Cost | 35 USD | 3,000 ISK (21.30 USD) |
Optical Glasses Cost | 220 USD | 10,000 ISK (71 USD) |
Contact Lenses Cost | 45 USD | 5,000 ISK (35.50 USD) |
Haircuts | 25 USD | 2,000 ISK (14.20 USD) |
Hair Coloring | 60 USD | 6,000 ISK (42.60 USD) |
Shampoo Price | 6 USD | 500 ISK (3.55 USD) |
Toothpaste Price | 3.50 USD | 200 ISK (1.42 USD) |
If you lived in Texas, instead of Iceland, you would have to pay 6.79 times more for Personal Care Items and Treatment.
Indicators | Texas | Iceland |
---|---|---|
Pair of Nike Running Shoes | 85 USD | 15,000 ISK (106.50 USD) |
Men's Shirt | 35 USD | 5,000 ISK (35.50 USD) |
Women's Dress | 55 USD | 10,000 ISK (71 USD) |
Summer Dress | 45 USD | 5,000 ISK (35.50 USD) |
Men's Suit | 320 USD | 40,000 ISK (284 USD) |
Men's Jeans | 65 USD | 7,000 ISK (49.70 USD) |
Women's Jeans | 75 USD | 6,000 ISK (42.60 USD) |
Men's Formal Shoes | 95 USD | 7,000 ISK (49.70 USD) |
Women's Formal Shoes | 110 USD | 7,000 ISK (49.70 USD) |
Men's Casual Shoes | 75 USD | 5,000 ISK (35.50 USD) |
Women's Casual Shoes | 85 USD | 4,000 ISK (28.40 USD) |
Underwear For Men | 16 USD | 1,000 ISK (7.10 USD) |
Underwear For Women | 22 USD | 1,200 ISK (8.52 USD) |
Socks For Men | 9 USD | 300 ISK (2.13 USD) |
Socks For Women | 11 USD | 400 ISK (2.84 USD) |
Wintercoat for Adults | 130 USD | 8,000 ISK (56.80 USD) |
Sportswear | 55 USD | 6,000 ISK (42.60 USD) |
If you lived in Texas, instead of Iceland, you would have to pay 1.42 times more for Clothing and Footwear for Adults.
Indicators | Texas | Iceland |
---|---|---|
Children's Jeans | 28 USD | 3,500 ISK (24.85 USD) |
Children's Normal Sneakers | 45 USD | 4,000 ISK (28.40 USD) |
Children's Winter Coat | 65 USD | 6,000 ISK (42.60 USD) |
Daycare for Infant | 1,100 USD | 25,000 ISK (177.50 USD) |
Daycare for Toddler | 1,000 USD | 20,000 ISK (142 USD) |
Childcare for Sick Days | 110 USD | 1,500 ISK (10.65 USD) |
Early Childhood Education Programs | 650 USD | 6,000 ISK (42.60 USD) |
Extra Curricular Activities | 220 USD | 3,000 ISK (21.30 USD) |
Summer Camp for Kids | 900 USD | 8,000 ISK (56.80 USD) |
If you lived in Texas, instead of Iceland, you would have to pay 7.53 times more for Childcare and kids clothing.
Indicators | Texas | Iceland |
---|---|---|
PreSchool Fees | 950 USD | 30,000 ISK (213 USD) |
Primary School Fees | 9,000 USD | 40,000 ISK (284 USD) |
Secondary School Fees | 11,000 USD | 60,000 ISK (426 USD) |
Private School Fees | 14,000 USD | 80,000 ISK (568 USD) |
University Tuition Fees | 11,000 USD | 150,000 ISK (1,065 USD) |
University Private Tuition Fees | 32,000 USD | 200,000 ISK (1,420 USD) |
After School Activities | 220 USD | 5,000 ISK (35.50 USD) |
Special Education Services | 900 USD | 7,000 ISK (49.70 USD) |
Tutoring | 80 USD | 5,000 ISK (35.50 USD) |
Textbooks Cost | 105 USD | 4,000 ISK (28.40 USD) |
School Supplies | 160 USD | 2,000 ISK (14.20 USD) |
If you lived in Texas, instead of Iceland, you would have to pay 19.19 times more for school and education.
Indicators | Texas | Iceland |
---|---|---|
Movie Ticket (Single) | 13 USD | 1,000 ISK (7.10 USD) |
Theater Ticket (Single) | 70 USD | 2,000 ISK (14.20 USD) |
Concert Ticket (Single) | 90 USD | 2,500 ISK (17.75 USD) |
Sports Event Ticket (Single) | 80 USD | 1,500 ISK (10.65 USD) |
Gym Membership | 55 USD | 6,000 ISK (42.60 USD) |
Swimming Pool Access | 18 USD | 5,000 ISK (35.50 USD) |
Museum Entry Ticket | 22 USD | 1,000 ISK (7.10 USD) |
Zoo Entry Ticket | 28 USD | 1,500 ISK (10.65 USD) |
Amusement Park Entry Ticket | 70 USD | 2,000 ISK (14.20 USD) |
Bowling | 22 USD | 1,000 ISK (7.10 USD) |
Mini Golf | 12 USD | 1,500 ISK (10.65 USD) |
Video Games | 65 USD | 5,000 ISK (35.50 USD) |
Streaming Services | 18 USD | 1,000 ISK (7.10 USD) |
Outdoor Equipment Rental | 45 USD | 1,000 ISK (7.10 USD) |
Theme Park Annual Pass | 160 USD | 50,000 ISK (355 USD) |
If you lived in Texas, instead of Iceland, you would have to pay 1.32 times more for entertainment, recreation and fun activities.
Indicators | Texas | Iceland |
---|---|---|
Language Classes | 320 USD | 5,000 ISK (35.50 USD) |
Parenting Classes | 110 USD | 5,000 ISK (35.50 USD) |
Art Classes | 55 USD | 3,000 ISK (21.30 USD) |
Fitness Classes | 22 USD | 6,000 ISK (42.60 USD) |
Music Lessons | 45 USD | 4,000 ISK (28.40 USD) |
Dance Lessons | 45 USD | 4,000 ISK (28.40 USD) |
Reading Materials for Classes | 12 USD | 1,000 ISK (7.10 USD) |
Educational Software | 55 USD | 3,000 ISK (21.30 USD) |
If you lived in Texas, instead of Iceland, you would have to pay 3.02 times more for Private Classes.
Indicators | Texas | Iceland |
---|---|---|
Average Gross Monthly Salary | 6,200 USD | 450,000 ISK (3,195 USD) |
Average Net Monthly Salary | 5,000 USD | 350,000 ISK (2,485 USD) |
Minimum Wages | 7.25 USD per hour | 6,666.67 ISK per hour |
Average Bonus | 3,200 USD | 40,000 ISK (284 USD) |
Income Tax Rate | 0 % | 0 to 24 % |
Social Security Contributions | 7.65 % | 7 % |
Pension Contributions | 4 % | 8 % |
If you lived in Texas, you would earn 14.42 times more salary as compared to Iceland.
Indicators | Texas | Iceland |
---|---|---|
Legal Consultation Per Hour Rate | 200 USD | 10,000 ISK (71 USD) |
Accounting Services Per Hour Rate | 160 USD | 7,000 ISK (49.70 USD) |
IT Support Services Per Hour Rate | 110 USD | 5,000 ISK (35.50 USD) |
Technician Services Per Hour Rate | 85 USD | 4,000 ISK (28.40 USD) |
Professional Services cost 3.01 times more in Texas, as compared to Iceland.
We hope you enjoyed the detailed guide on the cost of living comparsion between Texas and Iceland.
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