Ukraine
Compared with Iceland, using real observed prices.
Baseline: Iceland = 1×
Overall verdict
Ukraine is about 0.69×
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 Ukraine 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×
Ukraine is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Ukraine, Gasoline 1L costs 1.0× what it does in Iceland — but Electricity 1kWh (household) costs only 0.5×. What is expensive here is energy, not the goods that carry a world price.
Real prices. Real sources. Real dates.
-
Gasoline 1L 1 L ×1.03
Ukraine ISK 225 USD 1.779
Iceland ISK 218 USD 1.727
-
Diesel 1L 1 L ×0.97
Ukraine ISK 231 USD 1.826
Iceland ISK 237 USD 1.878
-
Electricity 1kWh (household) 1 kWh ×0.47
Ukraine ISK 10 USD 0.084
Iceland ISK 22 USD 0.179
See what really changed 
Big Mac, 2021 → 2026At the timeUsing the exchange rate of each date
+114%
in UAH
65 → 139
65 → 139
vs
At today's rateUsing today's exchange rate
+38%
in ISK
It rose 114% in local currency, but 38% in yours. Most of what you feel is the exchange rate, not Ukraine's inflation.