Cost of living comparison
Paris is 30.3% more expensive than Reykjavik.
If you lived in Paris instead of Reykjavik, you would:
pay 9.8% more for restaurants
Reykjavik
|
Paris
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$21.59
ISK2,985
|
$19.49
€17.92
|
|
Fast food combo meal
McDonalds, or similar
|
$17.27
ISK2,388
|
$13.00
€11.95
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.90
ISK401
|
$3.72
€3.42
|
|
Bottle of water (11 fl. oz) |
$2.07
ISK287
|
$3.01
€2.77
|
|
pay 1.7% less for groceries
Reykjavik
|
Paris
|
||
---|---|---|---|
Bread
1 loaf
|
$3.68
ISK510
|
$1.93
€1.78
|
|
Local cheese (8 oz) |
$7.66
ISK1,059
|
$11.66
€10.72
|
|
Milk (1 gallon) |
$6.16
ISK852
|
$5.86
€5.38
|
|
Eggs
1 dozen
|
$5.91
ISK818
|
$4.70
€4.32
|
|
Boneless chicken breast (1 lb) |
$8.87
ISK1,227
|
$7.05
€6.48
|
|
Apples (1 lb) |
$1.53
ISK211
|
$1.53
€1.40
|
|
Bananas (1 lb) |
$0.97
ISK134
|
$1.09
€1.00
|
|
Oranges (1 lb) |
$1.26
ISK174
|
$1.67
€1.53
|
|
Tomatoes (1 lb) |
$2.23
ISK308
|
$1.90
€1.75
|
|
Potatoes (1 lb) |
$1.42
ISK196
|
$1.09
€1.00
|
|
Onions (1 lb) |
$1.01
ISK140
|
$1.17
€1.07
|
|
pay 1.9% more for transportation
Reykjavik
|
Paris
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.57
ISK1,186
|
$7.76
€7.13
|
|
Monthly public transit pass |
$66.92
ISK9,254
|
$92.05
€84.61
|
|
New Volkswagen Golf 1.4 (standard edition) |
$41,660.67
ISK5,761,254
|
$32,489.61
€29,862.83
|
|
Taxi trip in downtown area (5 miles) |
$23.30
ISK3,222
|
$23.63
€21.72
|
|
pay 14.2% more for housing
Reykjavik
|
Paris
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$68.45
ISK9,466
|
$32.31
€29.70
|
|
1-Bedroom apartment in downtown area |
$1,864.13
ISK257,791
|
$1,462.11
€1,343.90
|
|
1-Bedroom apartment outside city center |
$1,666.20
ISK230,418
|
$1,074.44
€987.57
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$64.43
ISK8,911
|
$171.90
€158.00
|
|
pay 3.1 times more for childcare
Reykjavik
|
Paris
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$240.37
ISK33,240
|
$829.69
€762.61
|
|
Middle school for 1 child, two semesters |
$5,984.07
ISK827,538
|
$16,485.47
€15,152.62
|
|
pay 14.2% less for entertainment and sports
Reykjavik
|
Paris
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$10.79
ISK1,493
|
$7.58
€6.97
|
|
Cappuccino in mid-range area |
$5.09
ISK704
|
$4.52
€4.15
|
|
Pack of cigarettes
Marlboro or similar
|
$11.87
ISK1,642
|
$13.00
€11.95
|
|
Monthly membership at local gym |
$65.50
ISK9,058
|
$41.22
€37.89
|
|
Movie ticket to theater/cinema |
$14.39
ISK1,990
|
$14.08
€12.94
|
|
pay 8.2% less for clothing
Reykjavik
|
Paris
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$103.94
ISK14,374
|
$102.11
€93.85
|
|
Regular dress
from H&M or similar store
|
$43.50
ISK6,015
|
$44.38
€40.79
|
|
Running shoes
Nike or Adidas
|
$141.47
ISK19,564
|
$110.05
€101.15
|
|
Men's business shoes (leather) |
$174.65
ISK24,153
|
$156.00
€143.38
|
|
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