Iceland
Compared with Japan, using real observed prices.
Baseline: Japan = 1×
Overall verdict
Iceland is about 1.19×
Japan.
Average across 2 categories, 3 items with data
The shape of prices (vs
Japan = 1×)
How to read this
The centre line is Japan. 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
Japan
Japan = 1×
Iceland is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Iceland, Diesel 1L costs 1.9× what it does in Japan — 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 ×1.92
Iceland ¥306 USD 1.878
Japan ¥159 USD 0.976
-
Gasoline 1L 1 L ×1.66
Iceland ¥281 USD 1.727
Japan ¥169 USD 1.041
-
Electricity 1kWh (household) 1 kWh ×0.79
Iceland ¥28 USD 0.179
Japan ¥36 USD 0.227