Cost of living comparison
Reykjavik is 2.4% cheaper than Copenhagen.
If you lived in Reykjavik instead of Copenhagen, you would:
pay 8.2% less for restaurants
Copenhagen
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$21.77
DKK150.76
|
$21.59
ISK3,012
|
|
Fast food combo meal
McDonalds, or similar
|
$14.51
DKK100.51
|
$17.27
ISK2,410
|
|
Bottle of Coca-Cola (11 fl. oz) |
$3.75
DKK25.97
|
$2.90
ISK405
|
|
Bottle of water (11 fl. oz) |
$2.90
DKK20.10
|
$2.07
ISK289
|
|
pay 13.8% more for groceries
Copenhagen
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$3.54
DKK24.53
|
$3.68
ISK514
|
|
Local cheese (8 oz) |
$6.17
DKK42.75
|
$7.66
ISK1,068
|
|
Milk (1 gallon) |
$7.50
DKK51.90
|
$6.16
ISK860
|
|
Eggs
1 dozen
|
$4.72
DKK32.71
|
$5.91
ISK825
|
|
Boneless chicken breast (1 lb) |
$5.08
DKK35.21
|
$8.87
ISK1,238
|
|
Apples (1 lb) |
$1.38
DKK9.57
|
$1.53
ISK213
|
|
Bananas (1 lb) |
$1.30
DKK9.01
|
$0.97
ISK135
|
|
Oranges (1 lb) |
$1.47
DKK10.18
|
$1.26
ISK176
|
|
Tomatoes (1 lb) |
$2.00
DKK13.84
|
$2.23
ISK311
|
|
Potatoes (1 lb) |
$0.99
DKK6.84
|
$1.42
ISK197
|
|
Onions (1 lb) |
$0.87
DKK6.01
|
$1.01
ISK141
|
|
pay 10.6% less for transportation
Copenhagen
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$7.79
DKK53.95
|
$8.57
ISK1,196
|
|
Monthly public transit pass |
$94.34
DKK653.30
|
$66.92
ISK9,337
|
|
New Volkswagen Golf 1.4 (standard edition) |
$47,149.09
DKK326,507.42
|
$41,660.67
ISK5,813,330
|
|
Taxi trip in downtown area (5 miles) |
$26.42
DKK182.92
|
$23.30
ISK3,251
|
|
pay 15.7% more for housing
Copenhagen
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$37.16
DKK257.36
|
$68.45
ISK9,551
|
|
1-Bedroom apartment in downtown area |
$1,741.81
DKK12,062.04
|
$1,864.13
ISK260,121
|
|
1-Bedroom apartment outside city center |
$1,268.50
DKK8,784.35
|
$1,666.20
ISK232,501
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$161.03
DKK1,115.12
|
$64.43
ISK8,991
|
|
pay 46.2% less for childcare
Copenhagen
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$551.78
DKK3,821.10
|
$240.37
ISK33,541
|
|
Middle school for 1 child, two semesters |
$9,343.23
DKK64,701.89
|
$5,984.07
ISK835,018
|
|
pay 13.1% more for entertainment and sports
Copenhagen
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.71
DKK60.30
|
$10.79
ISK1,506
|
|
Cappuccino in mid-range area |
$6.34
DKK43.88
|
$5.09
ISK710
|
|
Pack of cigarettes
Marlboro or similar
|
$9.00
DKK62.31
|
$11.87
ISK1,657
|
|
Monthly membership at local gym |
$42.82
DKK296.53
|
$65.50
ISK9,140
|
|
Movie ticket to theater/cinema |
$18.87
DKK130.66
|
$14.39
ISK2,008
|
|
pay 5.7% more for clothing
Copenhagen
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$106.73
DKK739.11
|
$103.94
ISK14,504
|
|
Regular dress
from H&M or similar store
|
$44.45
DKK307.80
|
$43.50
ISK6,069
|
|
Running shoes
Nike or Adidas
|
$115.59
DKK800.44
|
$141.47
ISK19,741
|
|
Men's business shoes (leather) |
$166.32
DKK1,151.77
|
$174.65
ISK24,371
|
|
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