Cost of living comparison
Reykjavik is 72.6% more expensive than Tokyo.
If you lived in Reykjavik instead of Tokyo, you would:
pay 3.0 times more for restaurants
Tokyo
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$6.59
¥1,026
|
$21.59
ISK3,012
|
|
Fast food combo meal
McDonalds, or similar
|
$5.14
¥801
|
$17.27
ISK2,410
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.15
¥179
|
$2.90
ISK405
|
|
Bottle of water (11 fl. oz) |
$0.76
¥119
|
$2.07
ISK289
|
|
pay 32.8% more for groceries
Tokyo
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$1.73
¥269
|
$3.68
ISK514
|
|
Local cheese (8 oz) |
$7.97
¥1,242
|
$7.66
ISK1,068
|
|
Milk (1 gallon) |
$5.76
¥897
|
$6.16
ISK860
|
|
Eggs
1 dozen
|
$2.15
¥334
|
$5.91
ISK825
|
|
Boneless chicken breast (1 lb) |
$3.23
¥503
|
$8.87
ISK1,238
|
|
Apples (1 lb) |
$2.37
¥369
|
$1.53
ISK213
|
|
Bananas (1 lb) |
$1.13
¥176
|
$0.97
ISK135
|
|
Oranges (1 lb) |
$2.58
¥403
|
$1.26
ISK176
|
|
Tomatoes (1 lb) |
$2.19
¥342
|
$2.23
ISK311
|
|
Potatoes (1 lb) |
$1.27
¥197
|
$1.42
ISK197
|
|
Onions (1 lb) |
$1.23
¥192
|
$1.01
ISK141
|
|
pay 54.5% more for transportation
Tokyo
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.29
¥668
|
$8.57
ISK1,196
|
|
Monthly public transit pass |
$50.63
¥7,886
|
$66.92
ISK9,337
|
|
New Volkswagen Golf 1.4 (standard edition) |
$21,471.04
¥3,344,652
|
$41,660.67
ISK5,813,330
|
|
Taxi trip in downtown area (5 miles) |
$25.31
¥3,943
|
$23.30
ISK3,251
|
|
pay 84.1% more for housing
Tokyo
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$31.29
¥4,874
|
$68.45
ISK9,551
|
|
1-Bedroom apartment in downtown area |
$1,013.09
¥157,815
|
$1,864.13
ISK260,121
|
|
1-Bedroom apartment outside city center |
$584.76
¥91,091
|
$1,666.20
ISK232,501
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$132.60
¥20,656
|
$64.43
ISK8,991
|
|
pay 54.7% less for childcare
Tokyo
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$486.02
¥75,710
|
$240.37
ISK33,541
|
|
Middle school for 1 child, two semesters |
$14,566.86
¥2,269,152
|
$5,984.07
ISK835,018
|
|
pay 2.0 times more for entertainment and sports
Tokyo
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$3.21
¥500
|
$10.79
ISK1,506
|
|
Cappuccino in mid-range area |
$3.30
¥514
|
$5.09
ISK710
|
|
Pack of cigarettes
Marlboro or similar
|
$3.85
¥600
|
$11.87
ISK1,657
|
|
Monthly membership at local gym |
$61.83
¥9,632
|
$65.50
ISK9,140
|
|
Movie ticket to theater/cinema |
$12.21
¥1,902
|
$14.39
ISK2,008
|
|
pay 90.3% more for clothing
Tokyo
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$54.04
¥8,419
|
$103.94
ISK14,504
|
|
Regular dress
from H&M or similar store
|
$36.17
¥5,634
|
$43.50
ISK6,069
|
|
Running shoes
Nike or Adidas
|
$61.61
¥9,598
|
$141.47
ISK19,741
|
|
Men's business shoes (leather) |
$79.69
¥12,414
|
$174.65
ISK24,371
|
|
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