Cost of living comparison
Reykjavik is 71.9% more expensive than Greece.
If you lived in Reykjavik instead of Greece, you would:
pay 2.0 times more for restaurants
Greece
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$14.81
€13.64
|
$21.59
ISK2,967
|
|
Fast food combo meal
McDonalds, or similar
|
$9.01
€8.30
|
$17.27
ISK2,374
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.97
€1.81
|
$2.90
ISK399
|
|
Bottle of water (11 fl. oz) |
$0.63
€0.58
|
$2.07
ISK285
|
|
pay 90.3% more for groceries
Greece
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$1.36
€1.25
|
$3.68
ISK506
|
|
Local cheese (8 oz) |
$6.52
€6.01
|
$7.66
ISK1,052
|
|
Milk (1 gallon) |
$6.06
€5.58
|
$6.16
ISK847
|
|
Eggs
1 dozen
|
$4.09
€3.77
|
$5.91
ISK813
|
|
Boneless chicken breast (1 lb) |
$4.27
€3.94
|
$8.87
ISK1,220
|
|
Apples (1 lb) |
$0.81
€0.75
|
$1.53
ISK210
|
|
Bananas (1 lb) |
$0.82
€0.75
|
$0.97
ISK133
|
|
Oranges (1 lb) |
$0.57
€0.53
|
$1.26
ISK173
|
|
Tomatoes (1 lb) |
$0.86
€0.79
|
$2.23
ISK306
|
|
Potatoes (1 lb) |
$0.51
€0.47
|
$1.42
ISK195
|
|
Onions (1 lb) |
$0.54
€0.49
|
$1.01
ISK139
|
|
pay 45.3% more for transportation
Greece
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$7.81
€7.19
|
$8.57
ISK1,179
|
|
Monthly public transit pass |
$41.23
€37.98
|
$66.92
ISK9,198
|
|
New Volkswagen Golf 1.4 (standard edition) |
$27,791.92
€25,599.33
|
$41,660.67
ISK5,726,259
|
|
Taxi trip in downtown area (5 miles) |
$14.64
€13.49
|
$23.30
ISK3,202
|
|
pay 2.5 times more for housing
Greece
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$31.73
€29.22
|
$68.45
ISK9,408
|
|
1-Bedroom apartment in downtown area |
$529.13
€487.38
|
$1,864.13
ISK256,225
|
|
1-Bedroom apartment outside city center |
$406.38
€374.32
|
$1,666.20
ISK229,019
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$178.34
€164.27
|
$64.43
ISK8,856
|
|
pay 20.8% less for childcare
Greece
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$350.75
€323.08
|
$240.37
ISK33,039
|
|
Middle school for 1 child, two semesters |
$6,658.30
€6,133.01
|
$5,984.07
ISK822,511
|
|
pay 88.1% more for entertainment and sports
Greece
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$4.23
€3.89
|
$10.79
ISK1,483
|
|
Cappuccino in mid-range area |
$3.51
€3.24
|
$5.09
ISK699
|
|
Pack of cigarettes
Marlboro or similar
|
$4.98
€4.59
|
$11.87
ISK1,632
|
|
Monthly membership at local gym |
$46.53
€42.86
|
$65.50
ISK9,003
|
|
Movie ticket to theater/cinema |
$8.93
€8.22
|
$14.39
ISK1,978
|
|
pay 43.5% more for clothing
Greece
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$83.80
€77.19
|
$103.94
ISK14,287
|
|
Regular dress
from H&M or similar store
|
$41.12
€37.88
|
$43.50
ISK5,978
|
|
Running shoes
Nike or Adidas
|
$86.78
€79.93
|
$141.47
ISK19,445
|
|
Men's business shoes (leather) |
$96.32
€88.72
|
$174.65
ISK24,006
|
|
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