JapanJapan

Iceland

Compared with Japan, using real observed prices.

Baseline: JapanJapan = 1×

IcelandIceland vs JapanJapan
Overall verdict

IcelandIceland is about 1.19× JapanJapan.

Average across 2 categories, 3 items with data

The shape of prices (vs JapanJapan = 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 JapanJapan Japan = 1× IcelandIceland is pricier →
  • Transport 2 items
    ×1.79
  • Utilities 1 item
    ×0.79

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
    IcelandIceland ¥306 USD 1.878
    JapanJapan ¥159 USD 0.976
    Observed 2026-07-20 · GlobalPetrolPrices.com
  • Gasoline 1L 1 L ×1.66
    IcelandIceland ¥281 USD 1.727
    JapanJapan ¥169 USD 1.041
    Observed 2026-07-20 · GlobalPetrolPrices.com
  • Electricity 1kWh (household) 1 kWh ×0.79
    IcelandIceland ¥28 USD 0.179
    JapanJapan ¥36 USD 0.227
    Observed 2026-04-01 · GlobalPetrolPrices.com