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Iceland cost of living and tax comparisons

Compare Iceland with 37 European countries for salaries, taxes, rent, food, fuel and everyday costs.

Iceland profile at a glance

The dataset lists standard VAT at 24%, average monthly salary at €6,350, studio rent at €1,450 and gasoline at 1.95 €/L. Iceland ranks 4 of 27 among numeric salary records and 34 of 37 for low-to-high rent.

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