Iceland
Compared with Finland, using real observed prices.
Baseline: 
Finland = 1×
Iceland
vs
Finland
Overall verdict
Iceland is about 0.87× Finland.
Average across 2 categories, 3 items with data
The shape of prices (vs Finland = 1×)
How to read this
The centre line is Finland. 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 Finland
Finland = 1×
Iceland is pricier →
Finland
Finland = 1×
Iceland is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Iceland, Electricity 1kWh (household) costs 1.0× what it does in Finland — but Gasoline 1L costs only 0.7×. What is expensive here is energy, not the goods that carry a world price.
Real prices. Real sources. Real dates.
-
Electricity 1kWh (household) 1 kWh ×1.02Iceland
€0.15
USD 0.179Finland
€0.15
USD 0.175
-
Diesel 1L 1 L ×0.76Iceland
€1.65
USD 1.878Finland
€2.16
USD 2.456
-
Gasoline 1L 1 L ×0.71Iceland
€1.52
USD 1.727Finland
€2.14
USD 2.44
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