Iceland
Compared with Chile, using real observed prices.
Baseline: Chile = 1×
Overall verdict
Iceland is about 0.99×
Chile.
Average across 2 categories, 3 items with data
The shape of prices (vs
Chile = 1×)
How to read this
The centre line is Chile. A bar running right means Iceland is pricier; running left means cheaper. The thin bar behind shows the range from the cheapest to the priciest item in that category.
← Cheaper than
Chile
Chile = 1×
Iceland is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Iceland, Diesel 1L costs 1.4× what it does in Chile — but Electricity 1kWh (household) costs only 0.8×. What is expensive here is energy, not the goods that carry a world price.
Real prices. Real sources. Real dates.
-
Diesel 1L 1 L ×1.40
Iceland CLP 1,660 USD 1.878
Chile CLP 1,183 USD 1.339
-
Gasoline 1L 1 L ×1.10
Iceland CLP 1,526 USD 1.727
Chile CLP 1,391 USD 1.574
-
Electricity 1kWh (household) 1 kWh ×0.79
Iceland CLP 158 USD 0.179
Chile CLP 202 USD 0.228