Italy
Compared with Iceland, using real observed prices.
Baseline: 
Iceland = 1×
Italy
vs
Iceland
Overall verdict
Italy is about 1.72× Iceland.
Average across 2 categories, 6 items with data
The shape of prices (vs Iceland = 1×)
How to read this
The centre line is Iceland. A bar running right means Italy 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 Iceland
Iceland = 1×
Italy is pricier →
Iceland
Iceland = 1×
Italy is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Italy, Electricity 1kWh (household) costs 2.3× what it does in Iceland — but Diesel 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.
-
Electricity 1kWh (household) 1 kWh ×2.31Italy
ISK 51
USD 0.414Iceland
ISK 22
USD 0.179
-
Gasoline 1L 1 L ×1.29Italy
ISK 280
USD 2.22Iceland
ISK 218
USD 1.727
-
Diesel 1L 1 L ×1.28Italy
ISK 304
USD 2.407Iceland
ISK 237
USD 1.878
United States
United Kingdom
India
Canada
Australia
Germany