Iceland
Compared with Ireland, using real observed prices.
Baseline: 
Ireland = 1×
Iceland
vs
Ireland
Overall verdict
Iceland is about 0.61× Ireland.
Average across 2 categories, 3 items with data
The shape of prices (vs Ireland = 1×)
How to read this
The centre line is Ireland. 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 Ireland
Ireland = 1×
Iceland is pricier →
Ireland
Ireland = 1×
Iceland is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Iceland, Diesel 1L costs 1.0× what it does in Ireland — but Electricity 1kWh (household) costs only 0.4×. What is expensive here is energy, not the goods that carry a world price.
Real prices. Real sources. Real dates.
-
Diesel 1L 1 L ×0.98Iceland
€1.65
USD 1.878Ireland
€1.69
USD 1.926
-
Gasoline 1L 1 L ×0.88Iceland
€1.52
USD 1.727Ireland
€1.71
USD 1.952
-
Electricity 1kWh (household) 1 kWh ×0.40Iceland
€0.15
USD 0.179Ireland
€0.39
USD 0.45
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