Cost of living comparison
Georgetown is 1.0% more expensive than Reykjavik.
If you lived in Georgetown instead of Reykjavik, you would:
pay 58.1% less for restaurants
Reykjavik
|
Georgetown
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$21.59
ISK3,001
|
$9.56
GYD1,995.70
|
|
Fast food combo meal
McDonalds, or similar
|
$17.27
ISK2,401
|
$8.60
GYD1,796.13
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.90
ISK404
|
$1.20
GYD249.46
|
|
Bottle of water (11 fl. oz) |
$2.07
ISK288
|
$0.67
GYD139.70
|
|
pay 18.1% less for groceries
Reykjavik
|
Georgetown
|
||
---|---|---|---|
Bread
1 loaf
|
$3.68
ISK512
|
$1.69
GYD351.74
|
|
Local cheese (8 oz) |
$7.66
ISK1,065
|
$4.95
GYD1,033.37
|
|
Milk (1 gallon) |
$6.16
ISK857
|
$13.96
GYD2,914.97
|
|
Eggs
1 dozen
|
$5.91
ISK822
|
$2.71
GYD566.28
|
|
Boneless chicken breast (1 lb) |
$8.87
ISK1,234
|
$2.62
GYD547.16
|
|
Apples (1 lb) |
$1.53
ISK212
|
$1.79
GYD374.34
|
|
Bananas (1 lb) |
$0.97
ISK135
|
$1.02
GYD212.70
|
|
Oranges (1 lb) |
$1.26
ISK175
|
$1.06
GYD221.94
|
|
Tomatoes (1 lb) |
$2.23
ISK310
|
$1.14
GYD237.83
|
|
Potatoes (1 lb) |
$1.42
ISK197
|
$0.61
GYD128.18
|
|
Onions (1 lb) |
$1.01
ISK140
|
$0.88
GYD184.62
|
|
pay 36.9% less for transportation
Reykjavik
|
Georgetown
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.57
ISK1,192
|
$3.98
GYD831.42
|
|
Monthly public transit pass |
$66.92
ISK9,304
|
$28.68
GYD5,987.10
|
|
New Volkswagen Golf 1.4 (standard edition) |
$41,660.67
ISK5,792,516
|
$15,775.33
GYD3,292,907.71
|
|
Taxi trip in downtown area (5 miles) |
$23.30
ISK3,239
|
$29.16
GYD6,086.89
|
|
pay 39.0% less for housing
Reykjavik
|
Georgetown
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$68.45
ISK9,517
|
$65.13
GYD13,595.72
|
|
1-Bedroom apartment in downtown area |
$1,864.13
ISK259,190
|
$805.17
GYD168,070.01
|
|
1-Bedroom apartment outside city center |
$1,666.20
ISK231,669
|
$258.44
GYD53,946.31
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$64.43
ISK8,959
|
$57.98
GYD12,103.41
|
|
pay 3.6 times more for childcare
Reykjavik
|
Georgetown
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$240.37
ISK33,421
|
$917.10
GYD191,433.08
|
|
Middle school for 1 child, two semesters |
$5,984.07
ISK832,028
|
$20,269.40
GYD4,230,989.27
|
|
pay 55.4% less for entertainment and sports
Reykjavik
|
Georgetown
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$10.79
ISK1,501
|
$2.27
GYD473.98
|
|
Cappuccino in mid-range area |
$5.09
ISK707
|
$4.37
GYD912.32
|
|
Pack of cigarettes
Marlboro or similar
|
$11.87
ISK1,651
|
$2.20
GYD459.01
|
|
Monthly membership at local gym |
$65.50
ISK9,108
|
$35.51
GYD7,412.61
|
|
Movie ticket to theater/cinema |
$14.39
ISK2,001
|
$6.21
GYD1,297.21
|
|
pay 45.4% less for clothing
Reykjavik
|
Georgetown
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$103.94
ISK14,452
|
$31.76
GYD6,628.58
|
|
Regular dress
from H&M or similar store
|
$43.50
ISK6,048
|
$47.01
GYD9,812.20
|
|
Running shoes
Nike or Adidas
|
$141.47
ISK19,670
|
$62.15
GYD12,972.06
|
|
Men's business shoes (leather) |
$174.65
ISK24,284
|
$62.94
GYD13,138.37
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Georgetown or Reykjavik. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.