Cost of living comparison
Reykjavik is 43.5% more expensive than Lisbon.
If you lived in Reykjavik instead of Lisbon, you would:
pay 55.8% more for restaurants
|
Lisbon
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$15.16
€13.94
|
$21.59
ISK2,985
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.64
€8.86
|
$17.27
ISK2,388
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.95
€1.79
|
$2.90
ISK401
|
|
| Bottle of water (11 fl. oz) |
$1.36
€1.25
|
$2.07
ISK287
|
|
pay 71.0% more for groceries
|
Lisbon
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.56
€1.44
|
$3.68
ISK510
|
|
| Local cheese (8 oz) |
$5.57
€5.12
|
$7.66
ISK1,059
|
|
| Milk (1 gallon) |
$3.94
€3.62
|
$6.16
ISK852
|
|
|
Eggs
1 dozen
|
$3.05
€2.80
|
$5.91
ISK818
|
|
| Boneless chicken breast (1 lb) |
$3.49
€3.21
|
$8.87
ISK1,227
|
|
| Apples (1 lb) |
$1.06
€0.98
|
$1.53
ISK211
|
|
| Bananas (1 lb) |
$0.68
€0.63
|
$0.97
ISK134
|
|
| Oranges (1 lb) |
$0.87
€0.80
|
$1.26
ISK174
|
|
| Tomatoes (1 lb) |
$1.12
€1.03
|
$2.23
ISK308
|
|
| Potatoes (1 lb) |
$0.88
€0.81
|
$1.42
ISK196
|
|
| Onions (1 lb) |
$0.90
€0.83
|
$1.01
ISK140
|
|
pay 57.6% more for transportation
|
Lisbon
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.52
€6.91
|
$8.57
ISK1,186
|
|
| Monthly public transit pass |
$43.32
€39.82
|
$66.92
ISK9,254
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$32,489.61
€29,862.83
|
$41,660.67
ISK5,761,254
|
|
| Taxi trip in downtown area (5 miles) |
$9.96
€9.16
|
$23.30
ISK3,222
|
|
pay 29.1% more for housing
|
Lisbon
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$41.79
€38.41
|
$68.45
ISK9,466
|
|
| 1-Bedroom apartment in downtown area |
$1,447.59
€1,330.55
|
$1,864.13
ISK257,791
|
|
| 1-Bedroom apartment outside city center |
$1,009.53
€927.91
|
$1,666.20
ISK230,418
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$109.60
€100.73
|
$64.43
ISK8,911
|
|
pay 58.9% less for childcare
|
Lisbon
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$582.39
€535.30
|
$240.37
ISK33,240
|
|
| Middle school for 1 child, two semesters |
$14,607.20
€13,426.21
|
$5,984.07
ISK827,538
|
|
pay 2.1 times more for entertainment and sports
|
Lisbon
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.25
€2.99
|
$10.79
ISK1,493
|
|
| Cappuccino in mid-range area |
$2.49
€2.29
|
$5.09
ISK704
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.96
€5.47
|
$11.87
ISK1,642
|
|
| Monthly membership at local gym |
$43.88
€40.34
|
$65.50
ISK9,058
|
|
| Movie ticket to theater/cinema |
$8.66
€7.96
|
$14.39
ISK1,990
|
|
pay 40.0% more for clothing
|
Lisbon
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$85.44
€78.53
|
$103.94
ISK14,374
|
|
|
Regular dress
from H&M or similar store
|
$37.61
€34.57
|
$43.50
ISK6,015
|
|
|
Running shoes
Nike or Adidas
|
$88.28
€81.14
|
$141.47
ISK19,564
|
|
| Men's business shoes (leather) |
$107.56
€98.87
|
$174.65
ISK24,153
|
|
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