Iceland
Compared with Pakistan, using real observed prices.
Baseline: 
Pakistan = 1×
Iceland
vs
Pakistan
Overall verdict
Iceland is about 2.06× Pakistan.
Average across 2 categories, 3 items with data
The shape of prices (vs Pakistan = 1×)
How to read this
The centre line is Pakistan. 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 Pakistan
Pakistan = 1×
Iceland is pricier →
Pakistan
Pakistan = 1×
Iceland is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Iceland, Electricity 1kWh (household) costs 2.8× what it does in Pakistan — but Diesel 1L costs only 1.5×. 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 ×2.84Iceland
PKR 50.09
USD 0.179Pakistan
PKR 17.63
USD 0.063
-
Gasoline 1L 1 L ×1.52Iceland
PKR 483.30
USD 1.727Pakistan
PKR 318.47
USD 1.138
-
Diesel 1L 1 L ×1.47Iceland
PKR 525.56
USD 1.878Pakistan
PKR 356.81
USD 1.275
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