The location factor for Iceland is 1.60, based on national living costs.
This means a 14,164,762 kr per year salary would roughly
be compareable to €60,000 in Germany.
It would be 8,994,038 kr based on market rates.
You can also start a calculation based on Iceland.
|Consumer Price Index||1.34|
|Consumer Price Plus Rent Index||1.33|
|Restaurant Price Index*||1.45|
|Local Purchasing Power Index*||0.63|
|Buffer Location Bracket*||B or A|
|Currency||Iceland Krona (ISK)|
|Income Tax*||0% to 46%|
Locations in Iceland