Iceland
Compared with Thailand, using real observed prices.
Baseline: 
Thailand = 1×
Iceland
vs
Thailand
Overall verdict
Iceland is about 1.47× Thailand.
Average across 2 categories, 3 items with data
The shape of prices (vs Thailand = 1×)
How to read this
The centre line is Thailand. 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 Thailand
Thailand = 1×
Iceland is pricier →
Thailand
Thailand = 1×
Iceland is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Iceland, Diesel 1L costs 1.8× what it does in Thailand — but Gasoline 1L costs only 1.3×. What is expensive here is energy, not the goods that carry a world price.
Real prices. Real sources. Real dates.
-
Diesel 1L 1 L ×1.81Iceland
฿62.70
USD 1.878Thailand
฿34.59
USD 1.036
-
Electricity 1kWh (household) 1 kWh ×1.41Iceland
฿5.82
USD 0.179Thailand
฿4.13
USD 0.127
-
Gasoline 1L 1 L ×1.29Iceland
฿57.66
USD 1.727Thailand
฿44.54
USD 1.334
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