Cost of living comparison
Reykjavik is 29.6% cheaper than Hamilton.
If you lived in Reykjavik instead of Hamilton, you would:
pay 18.8% less for restaurants
Hamilton
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$50.00
BMD50.00
|
$21.59
ISK3,012
|
|
Fast food combo meal
McDonalds, or similar
|
$15.00
BMD15.00
|
$17.27
ISK2,410
|
|
Bottle of Coca-Cola (11 fl. oz) |
$3.19
BMD3.19
|
$2.90
ISK405
|
|
Bottle of water (11 fl. oz) |
$2.75
BMD2.75
|
$2.07
ISK289
|
|
pay 49.7% less for groceries
Hamilton
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$8.20
BMD8.20
|
$3.68
ISK514
|
|
Local cheese (8 oz) |
$8.11
BMD8.11
|
$7.66
ISK1,068
|
|
Milk (1 gallon) |
$16.07
BMD16.07
|
$6.16
ISK860
|
|
Eggs
1 dozen
|
$8.10
BMD8.10
|
$5.91
ISK825
|
|
Boneless chicken breast (1 lb) |
$9.59
BMD9.59
|
$8.87
ISK1,238
|
|
Apples (1 lb) |
$5.20
BMD5.20
|
$1.53
ISK213
|
|
Bananas (1 lb) |
$3.20
BMD3.20
|
$0.97
ISK135
|
|
Oranges (1 lb) |
$4.74
BMD4.74
|
$1.26
ISK176
|
|
Tomatoes (1 lb) |
$4.36
BMD4.36
|
$2.23
ISK311
|
|
Potatoes (1 lb) |
$3.84
BMD3.84
|
$1.42
ISK197
|
|
Onions (1 lb) |
$2.84
BMD2.84
|
$1.01
ISK141
|
|
pay 6.8% less for transportation
Hamilton
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.77
BMD8.77
|
$8.57
ISK1,196
|
|
Monthly public transit pass |
$69.00
BMD69.00
|
$66.92
ISK9,337
|
|
New Volkswagen Golf 1.4 (standard edition) |
$36,500.00
BMD36,500.00
|
$41,660.67
ISK5,813,330
|
|
Taxi trip in downtown area (5 miles) |
$36.38
BMD36.38
|
$23.30
ISK3,251
|
|
pay 47.0% less for housing
Hamilton
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$138.75
BMD138.75
|
$68.45
ISK9,551
|
|
1-Bedroom apartment in downtown area |
$3,411.11
BMD3,411.11
|
$1,864.13
ISK260,121
|
|
1-Bedroom apartment outside city center |
$2,200.00
BMD2,200.00
|
$1,666.20
ISK232,501
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$199.60
BMD199.60
|
$64.43
ISK8,991
|
|
pay 78.3% less for childcare
Hamilton
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$1,268.00
BMD1,268.00
|
$240.37
ISK33,541
|
|
Middle school for 1 child, two semesters |
$24,555.56
BMD24,555.56
|
$5,984.07
ISK835,018
|
|
pay 17.2% less for entertainment and sports
Hamilton
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$10.00
BMD10.00
|
$10.79
ISK1,506
|
|
Cappuccino in mid-range area |
$5.68
BMD5.68
|
$5.09
ISK710
|
|
Pack of cigarettes
Marlboro or similar
|
$17.50
BMD17.50
|
$11.87
ISK1,657
|
|
Monthly membership at local gym |
$172.00
BMD172.00
|
$65.50
ISK9,140
|
|
Movie ticket to theater/cinema |
$13.00
BMD13.00
|
$14.39
ISK2,008
|
|
pay 10.7% more for clothing
Hamilton
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$75.00
BMD75.00
|
$103.94
ISK14,504
|
|
Regular dress
from H&M or similar store
|
$60.00
BMD60.00
|
$43.50
ISK6,069
|
|
Running shoes
Nike or Adidas
|
$140.00
BMD140.00
|
$141.47
ISK19,741
|
|
Men's business shoes (leather) |
$133.83
BMD133.83
|
$174.65
ISK24,371
|
|
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