Published: Monday, 21th October 2024
The cost of living in Ukraine is 2.68 times less expensive as compared to Iceland.
On this page, you will find side-by-side cost comparison between Ukraine and Iceland. 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 Ukraine and Iceland.
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Indicators | Ukraine | Iceland |
---|---|---|
1 BHK Apartment in City Center | 12,000 UAH (324 USD) | 200,000 ISK (1,420 USD) |
2 BHK Apartment in City Center | 20,000 UAH (540 USD) | 300,000 ISK (2,130 USD) |
3 BHK Apartment in City Center | 30,000 UAH (810 USD) | 400,000 ISK (2,840 USD) |
1 BHK Apartment outside City Center | 7,000 UAH (189 USD) | 150,000 ISK (1,065 USD) |
2 BHK Apartment outside City Center | 12,000 UAH (324 USD) | 200,000 ISK (1,420 USD) |
3 BHK Apartment outside City Center | 18,000 UAH (486 USD) | 300,000 ISK (2,130 USD) |
Mortgage Rates Per Month | 16 % | 4 % |
Realtor Commission | 2 % | 2 % |
Property Taxes | 1.0 to 1.5 % | 0.2 to 1.65 % |
The average housing cost in Ukraine is 4.07 times less expensive than Iceland.
Indicators | Ukraine | Iceland |
---|---|---|
Basic Home Furnishing | 30,000 UAH (810 USD) | 300,000 ISK (2,130 USD) |
Electricity Cost Per Month | 1,000 UAH (27 USD) | 20,000 ISK (142 USD) |
Heating Cost Per Month | 1,500 UAH (40.50 USD) | 25,000 ISK (177.50 USD) |
Cooling Cost Per Month | 800 UAH (21.60 USD) | 10,000 ISK (71 USD) |
Water Supply Cost Per Month | 500 UAH (13.50 USD) | 5,000 ISK (35.50 USD) |
If you lived in Ukraine, instead of Iceland, you would have to pay 64.30% less for Utilities.
The basic home furnishing in Ukraine costs 2.63 times less compared to Iceland.
Indicators | Ukraine | Iceland |
---|---|---|
Standard Wifi Cost Per Month | 400 UAH (10.80 USD) | 10,000 ISK (71 USD) |
Mobile Phone Basic Plan Cost Per Month | 200 UAH (5.40 USD) | 5,000 ISK (35.50 USD) |
Landline Basic Plan Cost Per Month | 150 UAH (4.05 USD) | 3,000 ISK (21.30 USD) |
Cable TV Basic Plan Cost Per Month | 300 UAH (8.10 USD) | 8,000 ISK (56.80 USD) |
The internet and communication costs 84.64% less in Ukraine compared to Iceland.
Indicators | Ukraine | Iceland |
---|---|---|
Long Grain Rice (1 KG) | 50 UAH (1.35 USD) | 500 ISK (3.55 USD) |
Milk (1 Liter) | 40 UAH (1.08 USD) | 250 ISK (1.78 USD) |
Water (1 Liter) | 20 UAH (0.54 USD) | 50 ISK (0.36 USD) |
Bread (500 gm) | 25 UAH (0.68 USD) | 150 ISK (1.07 USD) |
Eggs (1 Dozen) | 60 UAH (1.62 USD) | 500 ISK (3.55 USD) |
Cheese (1 KG) | 150 UAH (4.05 USD) | 1,200 ISK (8.52 USD) |
Chicken Breast (1 KG) | 120 UAH (3.24 USD) | 1,000 ISK (7.10 USD) |
In Ukraine, the cost of 1 Liter Water and 1 Liter Milk is 1.31 times less expensive than the cost in Iceland.
If you lived in Ukraine, instead of Iceland, you would have to pay 51.55% less for Groceries.
Indicators | Ukraine | Iceland |
---|---|---|
Apples (1 KG) | 60 UAH (1.62 USD) | 800 ISK (5.68 USD) |
Bananas (1 KG) | 40 UAH (1.08 USD) | 600 ISK (4.26 USD) |
Oranges (1 KG) | 50 UAH (1.35 USD) | 700 ISK (4.97 USD) |
Tomatoes (1 KG) | 40 UAH (1.08 USD) | 500 ISK (3.55 USD) |
Potatoes (1 KG) | 30 UAH (0.81 USD) | 400 ISK (2.84 USD) |
Lemons (1 KG) | 70 UAH (1.89 USD) | 700 ISK (4.97 USD) |
Onions (1 KG) | 40 UAH (1.08 USD) | 600 ISK (4.26 USD) |
Lentils (1 KG) | 60 UAH (1.62 USD) | 600 ISK (4.26 USD) |
If you lived in Ukraine, instead of Iceland, you would have to pay 3.30 times less for Fruits and Vegetables.
Indicators | Ukraine | Iceland |
---|---|---|
Meal at a Resonable Restaurant | 200 UAH (5.40 USD) | 3,500 ISK (24.85 USD) |
Three-Course Meal for Two | 600 UAH (16.20 USD) | 8,000 ISK (56.80 USD) |
Fast Food Combo Meal | 100 UAH (2.70 USD) | 1,500 ISK (10.65 USD) |
Normal Coffee | 50 UAH (1.35 USD) | 500 ISK (3.55 USD) |
Soft Drink | 20 UAH (0.54 USD) | 300 ISK (2.13 USD) |
Pizza for One | 250 UAH (6.75 USD) | 2,500 ISK (17.75 USD) |
Take-Out Delivery Meal | 150 UAH (4.05 USD) | 3,000 ISK (21.30 USD) |
Cigarette Pack of 20 | 60 UAH (1.62 USD) | 1,500 ISK (10.65 USD) |
Dining-Out costs 73.86% less in Ukraine compared to Iceland.
Indicators | Ukraine | Iceland |
---|---|---|
Wine Mid-Range Bottle | 250 UAH (6.75 USD) | 2,000 ISK (14.20 USD) |
Glass of Wine | 70 UAH (1.89 USD) | 1,200 ISK (8.52 USD) |
Domestic Beer Half Liter | 30 UAH (0.81 USD) | 600 ISK (4.26 USD) |
Imported Beer Half Liter | 40 UAH (1.08 USD) | 800 ISK (5.68 USD) |
Domestic Alcohol 1 Liter | 150 UAH (4.05 USD) | 3,000 ISK (21.30 USD) |
Branded Alcohol 1 Liter | 250 UAH (6.75 USD) | 4,000 ISK (28.40 USD) |
If you lived in Ukraine, instead of Iceland, you would have to pay 3.86 times less for usual hard drinks.
Indicators | Ukraine | Iceland |
---|---|---|
Monthly Public Transportation Pass | 1,000 UAH (27 USD) | 15,000 ISK (106.50 USD) |
Single Public Transportation Ticket | 20 UAH (0.54 USD) | 400 ISK (2.84 USD) |
Single Train Ticket | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket | 1,000 UAH (27 USD) | 30,000 ISK (213 USD) |
Taxi Start Fare | 50 UAH (1.35 USD) | 800 ISK (5.68 USD) |
Taxi Rate Per Kilometer | 20 UAH (0.54 USD) | 200 ISK (1.42 USD) |
Car Rental Per Day | 500 UAH (13.50 USD) | 10,000 ISK (71 USD) |
Parking Fees in City Center Per Hour | 50 UAH (1.35 USD) | 500 ISK (3.55 USD) |
Parking Fees outside City Center Per Hour | 20 UAH (0.54 USD) | 300 ISK (2.13 USD) |
If you lived in Ukraine, instead of Iceland, you would have to pay 5.65 times less for transportation.
Indicators | Ukraine | Iceland |
---|---|---|
Reasonable Vehicle Purchase Cost | 500,000 UAH (13,500 USD) | 4,000,000 ISK (28,400 USD) |
Vehicle Registration Cost | 1,000 UAH (27 USD) | 15,000 ISK (106.50 USD) |
Driving License Fees | 500 UAH (13.50 USD) | 5,000 ISK (35.50 USD) |
Car Insurance Cost | 5,000 UAH (135 USD) | 40,000 ISK (284 USD) |
Car Maintenance Cost | 1,500 UAH (40.50 USD) | 15,000 ISK (106.50 USD) |
Car Loan Interest Rates | 18 % | 5 % |
Fuel Per Liter | 40 UAH (1.08 USD) | 250 ISK (1.78 USD) |
Fuel Per Gallon | 160 UAH (4.32 USD) | 1,200 ISK (8.52 USD) |
Average Toll Fees | Yet to Update | 1,000 ISK 7.10 USD |
You would have to pay 2.11 times less for Vehicle purchase, daily operation and maintenance in Ukraine compared to that of Iceland.
Indicators | Ukraine | Iceland |
---|---|---|
Doctor Visit | 300 UAH (8.10 USD) | 5,000 ISK (35.50 USD) |
Specialist Visit | 500 UAH (13.50 USD) | 10,000 ISK (71 USD) |
Dentist Visit | 400 UAH (10.80 USD) | 8,000 ISK (56.80 USD) |
Eye Exam | 150 UAH (4.05 USD) | 3,000 ISK (21.30 USD) |
Mental Health Counseling | 400 UAH (10.80 USD) | 8,000 ISK (56.80 USD) |
Preventive Health Screening | 100 UAH (2.70 USD) | 4,000 ISK (28.40 USD) |
Physical Therapy | 300 UAH (8.10 USD) | 6,000 ISK (42.60 USD) |
Emergency Room Visit | 500 UAH (13.50 USD) | 15,000 ISK (106.50 USD) |
Hospital Stay Per Night | 1,000 UAH (27 USD) | 25,000 ISK (177.50 USD) |
Vaccinations | 50 UAH (1.35 USD) | 2,500 ISK (17.75 USD) |
Prescription Medication | 50 UAH (1.35 USD) | 1,500 ISK (10.65 USD) |
Over the Counter Medication | 30 UAH (0.81 USD) | 800 ISK (5.68 USD) |
Health Insurance Premiums | 1,000 UAH (27 USD) | 20,000 ISK (142 USD) |
Health Insurance Deductibles | 2,000 UAH (54 USD) | 5,000 ISK (35.50 USD) |
If you lived in Ukraine, instead of Iceland, you would have to pay 4.41 times less for Health and Medical Treatment.
Indicators | Ukraine | Iceland |
---|---|---|
Cosmetic Procedures | 1,000 UAH (27 USD) | 30,000 ISK (213 USD) |
Spa Treatment | 300 UAH (8.10 USD) | 10,000 ISK (71 USD) |
Manicure Pedicure Cost | 150 UAH (4.05 USD) | 3,000 ISK (21.30 USD) |
Optical Glasses Cost | 300 UAH (8.10 USD) | 10,000 ISK (71 USD) |
Contact Lenses Cost | 200 UAH (5.40 USD) | 5,000 ISK (35.50 USD) |
Haircuts | 100 UAH (2.70 USD) | 2,000 ISK (14.20 USD) |
Hair Coloring | 200 UAH (5.40 USD) | 6,000 ISK (42.60 USD) |
Shampoo Price | 50 UAH (1.35 USD) | 500 ISK (3.55 USD) |
Toothpaste Price | 20 UAH (0.54 USD) | 200 ISK (1.42 USD) |
If you lived in Ukraine, instead of Iceland, you would have to pay 7.56 times less for Personal Care Items and Treatment.
Indicators | Ukraine | Iceland |
---|---|---|
Pair of Nike Running Shoes | 1,000 UAH (27 USD) | 15,000 ISK (106.50 USD) |
Men's Shirt | 300 UAH (8.10 USD) | 5,000 ISK (35.50 USD) |
Women's Dress | 500 UAH (13.50 USD) | 10,000 ISK (71 USD) |
Summer Dress | 300 UAH (8.10 USD) | 5,000 ISK (35.50 USD) |
Men's Suit | 3,000 UAH (81 USD) | 40,000 ISK (284 USD) |
Men's Jeans | 500 UAH (13.50 USD) | 7,000 ISK (49.70 USD) |
Women's Jeans | 400 UAH (10.80 USD) | 6,000 ISK (42.60 USD) |
Men's Formal Shoes | 600 UAH (16.20 USD) | 7,000 ISK (49.70 USD) |
Women's Formal Shoes | 500 UAH (13.50 USD) | 7,000 ISK (49.70 USD) |
Men's Casual Shoes | 400 UAH (10.80 USD) | 5,000 ISK (35.50 USD) |
Women's Casual Shoes | 350 UAH (9.45 USD) | 4,000 ISK (28.40 USD) |
Underwear For Men | 80 UAH (2.16 USD) | 1,000 ISK (7.10 USD) |
Underwear For Women | 80 UAH (2.16 USD) | 1,200 ISK (8.52 USD) |
Socks For Men | 20 UAH (0.54 USD) | 300 ISK (2.13 USD) |
Socks For Women | 20 UAH (0.54 USD) | 400 ISK (2.84 USD) |
Wintercoat for Adults | 500 UAH (13.50 USD) | 8,000 ISK (56.80 USD) |
Sportswear | 500 UAH (13.50 USD) | 6,000 ISK (42.60 USD) |
If you lived in Ukraine, instead of Iceland, you would have to pay 3.72 times less for Clothing and Footwear for Adults.
Indicators | Ukraine | Iceland |
---|---|---|
Children's Jeans | 200 UAH (5.40 USD) | 3,500 ISK (24.85 USD) |
Children's Normal Sneakers | 300 UAH (8.10 USD) | 4,000 ISK (28.40 USD) |
Children's Winter Coat | 400 UAH (10.80 USD) | 6,000 ISK (42.60 USD) |
Daycare for Infant | 3,000 UAH (81 USD) | 25,000 ISK (177.50 USD) |
Daycare for Toddler | 2,500 UAH (67.50 USD) | 20,000 ISK (142 USD) |
Childcare for Sick Days | 200 UAH (5.40 USD) | 1,500 ISK (10.65 USD) |
Early Childhood Education Programs | 800 UAH (21.60 USD) | 6,000 ISK (42.60 USD) |
Extra Curricular Activities | 400 UAH (10.80 USD) | 3,000 ISK (21.30 USD) |
Summer Camp for Kids | 600 UAH (16.20 USD) | 8,000 ISK (56.80 USD) |
If you lived in Ukraine, instead of Iceland, you would have to pay 2.41 times less for Childcare and kids clothing.
Indicators | Ukraine | Iceland |
---|---|---|
PreSchool Fees | 4,000 UAH (108 USD) | 30,000 ISK (213 USD) |
Primary School Fees | 6,000 UAH (162 USD) | 40,000 ISK (284 USD) |
Secondary School Fees | 8,000 UAH (216 USD) | 60,000 ISK (426 USD) |
Private School Fees | 12,000 UAH (324 USD) | 80,000 ISK (568 USD) |
University Tuition Fees | 24,000 UAH (648 USD) | 150,000 ISK (1,065 USD) |
University Private Tuition Fees | 50,000 UAH (1,350 USD) | 200,000 ISK (1,420 USD) |
After School Activities | 500 UAH (13.50 USD) | 5,000 ISK (35.50 USD) |
Special Education Services | 500 UAH (13.50 USD) | 7,000 ISK (49.70 USD) |
Tutoring | 350 UAH (9.45 USD) | 5,000 ISK (35.50 USD) |
Textbooks Cost | 150 UAH (4.05 USD) | 4,000 ISK (28.40 USD) |
School Supplies | 100 UAH (2.70 USD) | 2,000 ISK (14.20 USD) |
If you lived in Ukraine, instead of Iceland, you would have to pay 1.45 times less for school and education.
Indicators | Ukraine | Iceland |
---|---|---|
Movie Ticket (Single) | 100 UAH (2.70 USD) | 1,000 ISK (7.10 USD) |
Theater Ticket (Single) | 200 UAH (5.40 USD) | 2,000 ISK (14.20 USD) |
Concert Ticket (Single) | 300 UAH (8.10 USD) | 2,500 ISK (17.75 USD) |
Sports Event Ticket (Single) | 250 UAH (6.75 USD) | 1,500 ISK (10.65 USD) |
Gym Membership | 1,000 UAH (27 USD) | 6,000 ISK (42.60 USD) |
Swimming Pool Access | 500 UAH (13.50 USD) | 5,000 ISK (35.50 USD) |
Museum Entry Ticket | 50 UAH (1.35 USD) | 1,000 ISK (7.10 USD) |
Zoo Entry Ticket | 100 UAH (2.70 USD) | 1,500 ISK (10.65 USD) |
Amusement Park Entry Ticket | 150 UAH (4.05 USD) | 2,000 ISK (14.20 USD) |
Bowling | 150 UAH (4.05 USD) | 1,000 ISK (7.10 USD) |
Mini Golf | 200 UAH (5.40 USD) | 1,500 ISK (10.65 USD) |
Video Games | 1,000 UAH (27 USD) | 5,000 ISK (35.50 USD) |
Streaming Services | 200 UAH (5.40 USD) | 1,000 ISK (7.10 USD) |
Outdoor Equipment Rental | 300 UAH (8.10 USD) | 1,000 ISK (7.10 USD) |
Theme Park Annual Pass | 5,000 UAH (135 USD) | 50,000 ISK (355 USD) |
If you lived in Ukraine, instead of Iceland, you would have to pay 2.27 times less for entertainment, recreation and fun activities.
Indicators | Ukraine | Iceland |
---|---|---|
Language Classes | 350 UAH (9.45 USD) | 5,000 ISK (35.50 USD) |
Parenting Classes | 350 UAH (9.45 USD) | 5,000 ISK (35.50 USD) |
Art Classes | 300 UAH (8.10 USD) | 3,000 ISK (21.30 USD) |
Fitness Classes | 200 UAH (5.40 USD) | 6,000 ISK (42.60 USD) |
Music Lessons | 500 UAH (13.50 USD) | 4,000 ISK (28.40 USD) |
Dance Lessons | 400 UAH (10.80 USD) | 4,000 ISK (28.40 USD) |
Reading Materials for Classes | 50 UAH (1.35 USD) | 1,000 ISK (7.10 USD) |
Educational Software | 150 UAH (4.05 USD) | 3,000 ISK (21.30 USD) |
If you lived in Ukraine, instead of Iceland, you would have to pay 3.54 times less for Private Classes.
Indicators | Ukraine | Iceland |
---|---|---|
Average Gross Monthly Salary | 20,000 UAH (540 USD) | 450,000 ISK (3,195 USD) |
Average Net Monthly Salary | 15,000 UAH (405 USD) | 350,000 ISK (2,485 USD) |
Minimum Wages | 233.33 UAH per hour (6.30 USD) | 6,666.67 ISK per hour (47.33 USD) |
Average Bonus | 2,000 UAH (54 USD) | 40,000 ISK (284 USD) |
Income Tax Rate | 0 to 20 % | 0 to 24 % |
Social Security Contributions | 5 % | 7 % |
Pension Contributions | 5 % | 8 % |
Cost of Living Index | 50 | 12 |
Median Household Income | 12,000 UAH (324 USD) | 400,000 ISK (2,840 USD) |
If you lived in Ukraine, you would earn 6.66 times less salary as compared to Iceland.
Indicators | Ukraine | Iceland |
---|---|---|
Legal Consultation Per Hour Rate | 500 UAH (13.50 USD) | 10,000 ISK (71 USD) |
Accounting Services Per Hour Rate | 400 UAH (10.80 USD) | 7,000 ISK (49.70 USD) |
IT Support Services Per Hour Rate | 300 UAH (8.10 USD) | 5,000 ISK (35.50 USD) |
Technician Services Per Hour Rate | 250 UAH (6.75 USD) | 4,000 ISK (28.40 USD) |
Professional Services cost 4.72 times less in Ukraine, as compared to Iceland.
We hope you enjoyed the detailed guide on the cost of living comparsion between Ukraine and Iceland.
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