Iceland
Compared with Israel, using real observed prices.
Baseline: 
Israel = 1×
Iceland
vs
Israel
Overall verdict
Iceland is about 0.84× Israel.
Average across 2 categories, 3 items with data
The shape of prices (vs Israel = 1×)
How to read this
The centre line is Israel. 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 Israel
Israel = 1×
Iceland is pricier →
Israel
Israel = 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 Israel — 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 ×0.97Iceland
ILS 0.56
USD 0.179Israel
ILS 0.58
USD 0.185
-
Diesel 1L 1 L ×0.78Iceland
ILS 5.59
USD 1.878Israel
ILS 7.17
USD 2.407
-
Gasoline 1L 1 L ×0.68Iceland
ILS 5.14
USD 1.727Israel
ILS 7.55
USD 2.535
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