Icelanders spend the lowest proportion of their income on tobacco in Europe but a slightly higher than average proportion on alcohol, according to the latest data from Eurostat.Photo: Páll Stefánsson/Iceland Review.
Icelanders spend 13 percent of their income on food, lower than the European average of 14 percent. The only nation in Europe with less individual expenditure on food is Denmark, ruv.is reports.
The latest Eurostat report also shows that Icelanders eat out less and stay at hotels less, spending 7.7 percent of their income on such activities, than the European average, but still more so than those in the other Nordic countries.
Icelanders spend more on dentistry than those in almost any other country in Europe; only the Greeks, Swiss and Portuguese spend a higher percentage of their income on such medical services. However, Icelanders spend the least on tobacco, just one percent—roughly half the European average.
When it comes to books and newspapers, Icelanders spend almost twice the European average. Icelanders, along with citizens of the other Nordic countries, spend among the highest proportion of their income on cars.