Cost of living comparison
Nicosia is 22.6% cheaper than Reykjavik.
If you lived in Nicosia instead of Reykjavik, you would:
pay 48.8% less for restaurants
Reykjavik
|
Nicosia
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$21.59
ISK3,001
|
$13.00
€12.13
|
|
Fast food combo meal
McDonalds, or similar
|
$17.27
ISK2,401
|
$7.58
€7.07
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.90
ISK404
|
$1.68
€1.57
|
|
Bottle of water (11 fl. oz) |
$2.07
ISK288
|
$0.88
€0.82
|
|
pay 33.4% less for groceries
Reykjavik
|
Nicosia
|
||
---|---|---|---|
Bread
1 loaf
|
$3.68
ISK512
|
$2.00
€1.86
|
|
Local cheese (8 oz) |
$7.66
ISK1,065
|
$6.16
€5.75
|
|
Milk (1 gallon) |
$6.16
ISK857
|
$6.42
€5.99
|
|
Eggs
1 dozen
|
$5.91
ISK822
|
$3.35
€3.12
|
|
Boneless chicken breast (1 lb) |
$8.87
ISK1,234
|
$3.88
€3.62
|
|
Apples (1 lb) |
$1.53
ISK212
|
$1.27
€1.19
|
|
Bananas (1 lb) |
$0.97
ISK135
|
$0.90
€0.84
|
|
Oranges (1 lb) |
$1.26
ISK175
|
$0.89
€0.83
|
|
Tomatoes (1 lb) |
$2.23
ISK310
|
$1.22
€1.14
|
|
Potatoes (1 lb) |
$1.42
ISK197
|
$0.58
€0.54
|
|
Onions (1 lb) |
$1.01
ISK140
|
$0.50
€0.47
|
|
pay 33.5% less for transportation
Reykjavik
|
Nicosia
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.57
ISK1,192
|
$5.70
€5.32
|
|
Monthly public transit pass |
$66.92
ISK9,304
|
$54.15
€50.52
|
|
New Volkswagen Golf 1.4 (standard edition) |
$41,660.67
ISK5,792,516
|
$27,020.53
€25,211.59
|
|
Taxi trip in downtown area (5 miles) |
$23.30
ISK3,239
|
$12.45
€11.62
|
|
pay 11.1% less for housing
Reykjavik
|
Nicosia
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$68.45
ISK9,517
|
$29.51
€27.54
|
|
1-Bedroom apartment in downtown area |
$1,864.13
ISK259,190
|
$686.76
€640.78
|
|
1-Bedroom apartment outside city center |
$1,666.20
ISK231,669
|
$565.47
€527.62
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$64.43
ISK8,959
|
$155.79
€145.36
|
|
pay 44.5% more for childcare
Reykjavik
|
Nicosia
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$240.37
ISK33,421
|
$401.79
€374.89
|
|
Middle school for 1 child, two semesters |
$5,984.07
ISK832,028
|
$7,295.41
€6,807.00
|
|
pay 41.5% less for entertainment and sports
Reykjavik
|
Nicosia
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$10.79
ISK1,501
|
$4.33
€4.04
|
|
Cappuccino in mid-range area |
$5.09
ISK707
|
$3.71
€3.47
|
|
Pack of cigarettes
Marlboro or similar
|
$11.87
ISK1,651
|
$5.41
€5.05
|
|
Monthly membership at local gym |
$65.50
ISK9,108
|
$65.52
€61.13
|
|
Movie ticket to theater/cinema |
$14.39
ISK2,001
|
$10.83
€10.10
|
|
pay 34.4% less for clothing
Reykjavik
|
Nicosia
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$103.94
ISK14,452
|
$78.82
€73.54
|
|
Regular dress
from H&M or similar store
|
$43.50
ISK6,048
|
$31.68
€29.56
|
|
Running shoes
Nike or Adidas
|
$141.47
ISK19,670
|
$83.03
€77.47
|
|
Men's business shoes (leather) |
$174.65
ISK24,284
|
$96.57
€90.10
|
|
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