Iceland
Compared with Oman, using real observed prices.
Baseline: Oman = 1×
Overall verdict
Iceland is about 4.08×
Oman.
Average across 2 categories, 3 items with data
The shape of prices (vs
Oman = 1×)
How to read this
The centre line is Oman. 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
Oman
Oman = 1×
Iceland is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Iceland, Electricity 1kWh (household) costs 6.0× what it does in Oman — but Gasoline 1L costs only 2.8×. 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 ×5.97
Iceland OMR 0.07 USD 0.179
Oman OMR 0.01 USD 0.03
-
Diesel 1L 1 L ×2.80
Iceland OMR 0.72 USD 1.878
Oman OMR 0.26 USD 0.671
-
Gasoline 1L 1 L ×2.78
Iceland OMR 0.66 USD 1.727
Oman OMR 0.24 USD 0.622