Cost of living comparison
Greece is 23.4% cheaper than Reykjavik.
If you lived in Greece instead of Reykjavik, you would:
pay 45.2% less for restaurants
Reykjavik
|
Greece
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$21.59
ISK2,985
|
$14.81
€13.61
|
|
Fast food combo meal
McDonalds, or similar
|
$17.27
ISK2,388
|
$9.01
€8.28
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.90
ISK401
|
$1.97
€1.81
|
|
Bottle of water (11 fl. oz) |
$2.07
ISK287
|
$0.63
€0.58
|
|
pay 41.0% less for groceries
Reykjavik
|
Greece
|
||
---|---|---|---|
Bread
1 loaf
|
$3.68
ISK510
|
$1.36
€1.25
|
|
Local cheese (8 oz) |
$7.66
ISK1,059
|
$6.52
€6.00
|
|
Milk (1 gallon) |
$6.16
ISK852
|
$6.06
€5.57
|
|
Eggs
1 dozen
|
$5.91
ISK818
|
$4.09
€3.76
|
|
Boneless chicken breast (1 lb) |
$8.87
ISK1,227
|
$4.27
€3.93
|
|
Apples (1 lb) |
$1.53
ISK211
|
$0.81
€0.75
|
|
Bananas (1 lb) |
$0.97
ISK134
|
$0.82
€0.75
|
|
Oranges (1 lb) |
$1.26
ISK174
|
$0.57
€0.53
|
|
Tomatoes (1 lb) |
$2.23
ISK308
|
$0.86
€0.79
|
|
Potatoes (1 lb) |
$1.42
ISK196
|
$0.51
€0.47
|
|
Onions (1 lb) |
$1.01
ISK140
|
$0.54
€0.49
|
|
pay 29.4% less for transportation
Reykjavik
|
Greece
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.57
ISK1,186
|
$7.81
€7.18
|
|
Monthly public transit pass |
$66.92
ISK9,254
|
$41.23
€37.90
|
|
New Volkswagen Golf 1.4 (standard edition) |
$41,660.67
ISK5,761,254
|
$27,791.92
€25,544.94
|
|
Taxi trip in downtown area (5 miles) |
$23.30
ISK3,222
|
$14.64
€13.46
|
|
pay 6.0% less for housing
Reykjavik
|
Greece
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$68.45
ISK9,466
|
$31.73
€29.16
|
|
1-Bedroom apartment in downtown area |
$1,864.13
ISK257,791
|
$529.13
€486.35
|
|
1-Bedroom apartment outside city center |
$1,666.20
ISK230,418
|
$406.38
€373.53
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$64.43
ISK8,911
|
$178.34
€163.92
|
|
pay 28.6% more for childcare
Reykjavik
|
Greece
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$240.37
ISK33,240
|
$350.75
€322.39
|
|
Middle school for 1 child, two semesters |
$5,984.07
ISK827,538
|
$6,658.30
€6,119.98
|
|
pay 43.4% less for entertainment and sports
Reykjavik
|
Greece
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$10.79
ISK1,493
|
$4.23
€3.88
|
|
Cappuccino in mid-range area |
$5.09
ISK704
|
$3.51
€3.23
|
|
Pack of cigarettes
Marlboro or similar
|
$11.87
ISK1,642
|
$4.98
€4.58
|
|
Monthly membership at local gym |
$65.50
ISK9,058
|
$46.53
€42.77
|
|
Movie ticket to theater/cinema |
$14.39
ISK1,990
|
$8.93
€8.21
|
|
pay 27.1% less for clothing
Reykjavik
|
Greece
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$103.94
ISK14,374
|
$83.80
€77.02
|
|
Regular dress
from H&M or similar store
|
$43.50
ISK6,015
|
$41.12
€37.80
|
|
Running shoes
Nike or Adidas
|
$141.47
ISK19,564
|
$86.78
€79.76
|
|
Men's business shoes (leather) |
$174.65
ISK24,153
|
$96.32
€88.53
|
|
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