South KoreaSouth Korea

Iceland

Compared with South Korea, using real observed prices.

Baseline: South KoreaSouth Korea = 1×

IcelandIceland vs South KoreaSouth Korea
Overall verdict

IcelandIceland is about 1.34× South KoreaSouth Korea.

Average across 2 categories, 3 items with data

The shape of prices (vs South KoreaSouth Korea = 1×)

How to read this

The centre line is South Korea. 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 South KoreaSouth Korea South Korea = 1× IcelandIceland is pricier →
  • ⚡ Utilities 1 item
    ×1.41
  • ⛽ Transport 2 items
    ×1.27

Thin bar shows the range (cheapest to priciest item in the category)

Real prices. Real sources. Real dates.

  • Electricity 1kWh (household) 1 kWh ×1.41
    IcelandIceland ₩269 USD 0.179
    South KoreaSouth Korea ₩191 USD 0.127
    Observed 2026-04-01 · GlobalPetrolPrices.com
  • Diesel 1L 1 L ×1.33
    IcelandIceland ₩2,926 USD 1.878
    South KoreaSouth Korea ₩2,205 USD 1.415
    Observed 2026-07-20 · GlobalPetrolPrices.com
  • Gasoline 1L 1 L ×1.21
    IcelandIceland ₩2,691 USD 1.727
    South KoreaSouth Korea ₩2,223 USD 1.427
    Observed 2026-07-20 · GlobalPetrolPrices.com

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