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Iceland vs Bulgaria

443% dearer than — Iceland against Bulgaria

Iceland129.72025
Bulgaria23.92025

On national price levels, Iceland is 443% dearer than Bulgaria. Both figures use the United States as 100.

Where the difference actually sits

A single number hides the interesting part. These are the categories Eurostat prices for both countries.

CategoryIcelandBulgariaDifference
Overall consumption (incl. government-funded services)115.838.1 +204%
Food and non-alcoholic drinks143.988.8 +62%
Bread and cereals150.873.1 +106%
Meat172.574.8 +131%
Fish110.183.7 +32%
Milk, cheese and eggs171.7125.7 +37%
Fruit and vegetables136.181.5 +67%
Non-alcoholic drinks129.4108.2 +20%
Alcoholic drinks285.1107.4 +165%
Tobacco183.249.1 +273%
Clothing and footwear143.479.1 +81%
Housing, water, electricity and fuel164.038.1 +330%
Furnishings and household equipment124.475.0 +66%
Health233.544.3 +427%
Transport135.772.0 +88%
Communication154.482.8 +86%
Recreation and culture154.268.2 +126%
Education211.551.6 +310%
Restaurants and hotels167.353.2 +214%

SOURCE·Eurostat — purchasing power parities (prc_ppp_ind)·Price level indices by consumption category, published on an EU27=100 basis and rebased here to US=100. CC BY 4.0.·REVIEWED AUG 2026

Before you use this to decide anything

  • These are national averages. Comparing two capital cities is a different question and this data cannot answer it.
  • Price level is only half of the decision. What matters is prices relative to what you would earn — see what the job pays in each country on PayLens.
  • The figures are indices, not prices. Nothing here is a quote for rent or groceries.

How the price level is worked out

  1. The World Bank publishes a purchasing power parity for household consumption — how much local currency buys the same basket as one US dollar — and the official market exchange rate for the same year.
  2. The price level is simply PPP ÷ exchange rate × 100. If a basket needs 1.50 New Zealand dollars per US dollar of purchasing power but the market hands you 1.65 New Zealand dollars for that dollar, New Zealand's prices sit at 1.50 ÷ 1.65 = 91% of the US level.
  3. Nothing is modelled, smoothed or estimated. You can reproduce every number on this site from two public figures.
  4. Where Eurostat also publishes a price level for the same country and year, the two are compared and the gap is printed — including when they disagree.

Full methodology →

SOURCE·World Bank — International Comparison Program·PPP conversion factor for household final consumption, and the official market exchange rate. CC BY 4.0.·REVIEWED AUG 2026

SOURCE·World Bank ICP PPPs + Eurostat price level indices·price levels derived as PPP ÷ exchange rate, see method·REVIEWED AUG 2026

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Published by

Amit Sharma

Auckland real-estate agent and marketer. Builds free, sourced data tools.