Iceland
Compared with Hungary, using real observed prices.
Baseline: 
Hungary = 1×
Iceland
vs
Hungary
Overall verdict
Iceland is about 1.25× Hungary.
Average across 2 categories, 3 items with data
The shape of prices (vs Hungary = 1×)
How to read this
The centre line is Hungary. 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 Hungary
Hungary = 1×
Iceland is pricier →
Hungary
Hungary = 1×
Iceland is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Iceland, Electricity 1kWh (household) costs 1.6× what it does in Hungary — but Gasoline 1L costs only 0.9×. 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 ×1.61Iceland
HUF 59
USD 0.179Hungary
HUF 37
USD 0.111
-
Diesel 1L 1 L ×0.99Iceland
HUF 587
USD 1.878Hungary
HUF 592
USD 1.893
-
Gasoline 1L 1 L ×0.94Iceland
HUF 540
USD 1.727Hungary
HUF 575
USD 1.839
United States
United Kingdom
India
Canada
Australia
Germany