Cost of living comparison
Reykjavik is 14.8% cheaper than George Town.
If you lived in Reykjavik instead of George Town, you would:
pay 1.9% less for restaurants
George Town
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$18.00
KYD14.98
|
$18.40
ISK2,568
|
|
Fast food combo meal
McDonalds, or similar
|
$12.00
KYD9.99
|
$15.62
ISK2,180
|
|
Bottle of Coca-Cola (11 fl. oz) |
$3.22
KYD2.68
|
$2.53
ISK354
|
|
Bottle of water (11 fl. oz) |
$2.49
KYD2.07
|
$2.03
ISK283
|
|
pay 25.6% less for groceries
George Town
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$4.74
KYD3.94
|
$3.40
ISK475
|
|
Local cheese (8 oz) |
$5.32
KYD4.43
|
$7.20
ISK1,004
|
|
Milk (1 gallon) |
$17.47
KYD14.55
|
$5.90
ISK823
|
|
Eggs
1 dozen
|
$6.81
KYD5.67
|
$5.64
ISK787
|
|
Boneless chicken breast (1 lb) |
$4.57
KYD3.80
|
$8.08
ISK1,128
|
|
Apples (1 lb) |
$3.42
KYD2.85
|
$1.57
ISK219
|
|
Bananas (1 lb) |
$1.39
KYD1.16
|
$0.93
ISK130
|
|
Oranges (1 lb) |
$2.71
KYD2.26
|
$1.23
ISK172
|
|
Tomatoes (1 lb) |
$3.00
KYD2.50
|
$2.22
ISK309
|
|
Potatoes (1 lb) |
$2.60
KYD2.17
|
$1.24
ISK174
|
|
Onions (1 lb) |
$1.79
KYD1.49
|
$0.69
ISK96
|
|
pay 52.2% more for transportation
George Town
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$6.60
KYD5.50
|
$8.90
ISK1,241
|
|
Monthly public transit pass |
$30.00
KYD24.97
|
$65.56
ISK9,148
|
|
New Volkswagen Golf 1.4 (standard edition) |
$35,995.22
KYD29,967.93
|
$37,150.35
ISK5,183,960
|
|
Taxi trip in downtown area (5 miles) | ?? |
$29.44
ISK4,109
|
|
pay 49.1% less for housing
George Town
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$131.85
KYD109.77
|
$64.04
ISK8,936
|
|
1-Bedroom apartment in downtown area |
$2,699.64
KYD2,247.59
|
$1,613.16
ISK225,100
|
|
1-Bedroom apartment outside city center |
$1,899.75
KYD1,581.64
|
$1,379.70
ISK192,523
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$308.06
KYD256.48
|
$69.31
ISK9,672
|
|
pay 68.9% less for childcare
George Town
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$929.88
KYD774.17
|
$282.44
ISK39,411
|
|
Middle school for 1 child, two semesters |
$19,137.46
KYD15,932.95
|
$6,058.18
ISK845,358
|
|
pay 1.1% less for entertainment and sports
George Town
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$6.60
KYD5.49
|
$9.47
ISK1,321
|
|
Cappuccino in mid-range area |
$5.85
KYD4.87
|
$4.53
ISK632
|
|
Pack of cigarettes
Marlboro or similar
|
$12.00
KYD9.99
|
$11.66
ISK1,626
|
|
Monthly membership at local gym |
$66.79
KYD55.61
|
$67.30
ISK9,392
|
|
Movie ticket to theater/cinema |
$18.00
KYD14.98
|
$13.66
ISK1,906
|
|
pay 9.4% less for clothing
George Town
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$83.99
KYD69.93
|
$108.17
ISK15,093
|
|
Regular dress
from H&M or similar store
|
$106.49
KYD88.66
|
$43.41
ISK6,058
|
|
Running shoes
Nike or Adidas
|
$181.18
KYD150.84
|
$137.74
ISK19,220
|
|
Men's business shoes (leather) |
$155.98
KYD129.86
|
$182.49
ISK25,465
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Reykjavik or George Town. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.