Cost of living comparison
Tokyo is 9.8% cheaper than Reykjavik.
If you lived in Tokyo instead of Reykjavik, you would:
pay 65.8% less for restaurants
|
Reykjavik
|
Tokyo
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$21.59
ISK3,001
|
$6.59
¥1,037
|
|
|
Fast food combo meal
McDonalds, or similar
|
$17.27
ISK2,401
|
$5.14
¥809
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.90
ISK404
|
$1.15
¥180
|
|
| Bottle of water (11 fl. oz) |
$2.07
ISK288
|
$0.76
¥120
|
|
pay 0.4% more for groceries
|
Reykjavik
|
Tokyo
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.68
ISK512
|
$1.73
¥272
|
|
| Local cheese (8 oz) |
$7.66
ISK1,065
|
$7.97
¥1,255
|
|
| Milk (1 gallon) |
$6.16
ISK857
|
$5.76
¥907
|
|
|
Eggs
1 dozen
|
$5.91
ISK822
|
$2.15
¥338
|
|
| Boneless chicken breast (1 lb) |
$8.87
ISK1,234
|
$3.23
¥508
|
|
| Apples (1 lb) |
$1.53
ISK212
|
$2.37
¥373
|
|
| Bananas (1 lb) |
$0.97
ISK135
|
$1.13
¥178
|
|
| Oranges (1 lb) |
$1.26
ISK175
|
$2.58
¥407
|
|
| Tomatoes (1 lb) |
$2.23
ISK310
|
$2.19
¥345
|
|
| Potatoes (1 lb) |
$1.42
ISK197
|
$1.27
¥199
|
|
| Onions (1 lb) |
$1.01
ISK140
|
$1.23
¥194
|
|
pay 28.6% less for transportation
|
Reykjavik
|
Tokyo
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.57
ISK1,192
|
$4.29
¥675
|
|
| Monthly public transit pass |
$66.92
ISK9,304
|
$50.63
¥7,970
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$41,660.67
ISK5,792,516
|
$21,471.04
¥3,380,295
|
|
| Taxi trip in downtown area (5 miles) |
$23.30
ISK3,239
|
$25.31
¥3,985
|
|
pay 14.8% less for housing
|
Reykjavik
|
Tokyo
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$68.45
ISK9,517
|
$31.29
¥4,926
|
|
| 1-Bedroom apartment in downtown area |
$1,864.13
ISK259,190
|
$1,013.09
¥159,496
|
|
| 1-Bedroom apartment outside city center |
$1,666.20
ISK231,669
|
$584.76
¥92,061
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$64.43
ISK8,959
|
$132.60
¥20,876
|
|
pay 2.2 times more for childcare
|
Reykjavik
|
Tokyo
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$240.37
ISK33,421
|
$486.02
¥76,517
|
|
| Middle school for 1 child, two semesters |
$5,984.07
ISK832,028
|
$14,566.86
¥2,293,334
|
|
pay 38.7% less for entertainment and sports
|
Reykjavik
|
Tokyo
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.79
ISK1,501
|
$3.21
¥506
|
|
| Cappuccino in mid-range area |
$5.09
ISK707
|
$3.30
¥519
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.87
ISK1,651
|
$3.85
¥607
|
|
| Monthly membership at local gym |
$65.50
ISK9,108
|
$61.83
¥9,734
|
|
| Movie ticket to theater/cinema |
$14.39
ISK2,001
|
$12.21
¥1,922
|
|
pay 43.9% less for clothing
|
Reykjavik
|
Tokyo
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$103.94
ISK14,452
|
$54.04
¥8,508
|
|
|
Regular dress
from H&M or similar store
|
$43.50
ISK6,048
|
$36.17
¥5,695
|
|
|
Running shoes
Nike or Adidas
|
$141.47
ISK19,670
|
$61.61
¥9,700
|
|
| Men's business shoes (leather) |
$174.65
ISK24,284
|
$79.69
¥12,546
|
|
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