Saudi Arabia
Compared with Iceland, using real observed prices.
Baseline: 
Iceland = 1×
Saudi Arabia
vs
Iceland
Overall verdict
Saudi Arabia is about 0.30× 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 Saudi Arabia 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×
Saudi Arabia is pricier →
Iceland
Iceland = 1×
Saudi Arabia is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Saudi Arabia, Gasoline 1L costs 0.4× what it does in Iceland — but Diesel 1L costs only 0.3×. What is expensive here is energy, not the goods that carry a world price.
Real prices. Real sources. Real dates.
-
Gasoline 1L 1 L ×0.36Saudi Arabia
ISK 78
USD 0.62Iceland
ISK 218
USD 1.727
-
Electricity 1kWh (household) 1 kWh ×0.29Saudi Arabia
ISK 6
USD 0.052Iceland
ISK 22
USD 0.179
-
Diesel 1L 1 L ×0.25Saudi Arabia
ISK 60
USD 0.477Iceland
ISK 237
USD 1.878
See what really changed
Big Mac, 2021 → 2026At the timeUsing the exchange rate of each date
+36%
in SAR
14 → 19
14 → 19
vs
At today's rateUsing today's exchange rate
+40%
in ISK
It rose 36% in local currency, but 40% in yours. Most of what you feel is the exchange rate, not Saudi Arabia's inflation.
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