Cost of living comparison
Reykjavik is 3.9 times more expensive than Asmara.
If you lived in Reykjavik instead of Asmara, you would:
pay 3.5 times more for restaurants
Asmara
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$18.14
ERN272.04
|
$21.59
ISK2,985
|
|
Fast food combo meal
McDonalds, or similar
|
$2.00
ERN30.00
|
$17.27
ISK2,388
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.06
ERN15.94
|
$2.90
ISK401
|
|
Bottle of water (11 fl. oz) |
$1.32
ERN19.88
|
$2.07
ISK287
|
|
pay 2.4 times more for groceries
Asmara
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$0.50
ERN7.50
|
$3.68
ISK510
|
|
Local cheese (8 oz) |
$1.50
ERN22.50
|
$7.66
ISK1,059
|
|
Milk (1 gallon) |
$6.19
ERN92.79
|
$6.16
ISK852
|
|
Eggs
1 dozen
|
$4.80
ERN72.00
|
$5.91
ISK818
|
|
Boneless chicken breast (1 lb) |
$12.17
ERN182.57
|
$8.87
ISK1,227
|
|
Apples (1 lb) |
$5.04
ERN75.60
|
$1.53
ISK211
|
|
Bananas (1 lb) |
$0.49
ERN7.37
|
$0.97
ISK134
|
|
Oranges (1 lb) |
$0.91
ERN13.61
|
$1.26
ISK174
|
|
Tomatoes (1 lb) |
$0.64
ERN9.64
|
$2.23
ISK308
|
|
Potatoes (1 lb) |
$0.82
ERN12.36
|
$1.42
ISK196
|
|
Onions (1 lb) |
$0.48
ERN7.14
|
$1.01
ISK140
|
|
pay 3.5 times more for transportation
Asmara
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.52
ERN127.76
|
$8.57
ISK1,186
|
|
Monthly public transit pass |
$8.00
ERN120.00
|
$66.92
ISK9,254
|
|
New Volkswagen Golf 1.4 (standard edition) |
$66,666.00
ERN999,990.00
|
$41,660.67
ISK5,761,254
|
|
Taxi trip in downtown area (5 miles) |
$5.73
ERN85.99
|
$23.30
ISK3,222
|
|
pay 2.9 times more for housing
Asmara
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$200.00
ERN3,000.00
|
$68.45
ISK9,466
|
|
1-Bedroom apartment in downtown area |
$475.00
ERN7,125.00
|
$1,864.13
ISK257,791
|
|
1-Bedroom apartment outside city center |
$400.00
ERN6,000.00
|
$1,666.20
ISK230,418
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$21.03
ERN315.44
|
$64.43
ISK8,911
|
|
pay 6.6 times more for childcare
Asmara
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$25.00
ERN375.00
|
$240.37
ISK33,240
|
|
Middle school for 1 child, two semesters |
$1,675.00
ERN25,125.00
|
$5,984.07
ISK827,538
|
|
pay 7.4 times more for entertainment and sports
Asmara
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.00
ERN15.00
|
$10.79
ISK1,493
|
|
Cappuccino in mid-range area |
$0.88
ERN13.25
|
$5.09
ISK704
|
|
Pack of cigarettes
Marlboro or similar
|
$2.50
ERN37.50
|
$11.87
ISK1,642
|
|
Monthly membership at local gym |
$27.00
ERN405.00
|
$65.50
ISK9,058
|
|
Movie ticket to theater/cinema |
$1.10
ERN16.50
|
$14.39
ISK1,990
|
|
pay 9.6% more for clothing
Asmara
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$82.50
ERN1,237.50
|
$103.94
ISK14,374
|
|
Regular dress
from H&M or similar store
|
$75.00
ERN1,125.00
|
$43.50
ISK6,015
|
|
Running shoes
Nike or Adidas
|
$200.00
ERN3,000.00
|
$141.47
ISK19,564
|
|
Men's business shoes (leather) |
$95.00
ERN1,425.00
|
$174.65
ISK24,153
|
|
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