Cost of living comparison
Reykjavik is 27.5% more expensive than Austria.
If you lived in Reykjavik instead of Austria, you would:
pay 24.4% more for restaurants
|
Austria
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$15.33
€14.01
|
$21.59
ISK2,950
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.30
€9.41
|
$17.27
ISK2,360
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.98
€2.73
|
$2.90
ISK397
|
|
| Bottle of water (11 fl. oz) |
$2.26
€2.07
|
$2.07
ISK283
|
|
pay 24.9% more for groceries
|
Austria
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.50
€2.28
|
$3.68
ISK504
|
|
| Local cheese (8 oz) |
$8.22
€7.51
|
$7.66
ISK1,046
|
|
| Milk (1 gallon) |
$5.57
€5.09
|
$6.16
ISK842
|
|
|
Eggs
1 dozen
|
$4.01
€3.67
|
$5.91
ISK808
|
|
| Boneless chicken breast (1 lb) |
$5.79
€5.29
|
$8.87
ISK1,212
|
|
| Apples (1 lb) |
$1.16
€1.06
|
$1.53
ISK209
|
|
| Bananas (1 lb) |
$0.95
€0.87
|
$0.97
ISK132
|
|
| Oranges (1 lb) |
$1.30
€1.19
|
$1.26
ISK172
|
|
| Tomatoes (1 lb) |
$1.84
€1.68
|
$2.23
ISK304
|
|
| Potatoes (1 lb) |
$0.94
€0.86
|
$1.42
ISK193
|
|
| Onions (1 lb) |
$0.84
€0.76
|
$1.01
ISK138
|
|
pay 36.1% more for transportation
|
Austria
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.51
€5.95
|
$8.57
ISK1,172
|
|
| Monthly public transit pass |
$49.62
€45.34
|
$66.92
ISK9,144
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$26,063.58
€23,817.35
|
$41,660.67
ISK5,692,931
|
|
| Taxi trip in downtown area (5 miles) |
$19.69
€17.99
|
$23.30
ISK3,184
|
|
pay 67.4% more for housing
|
Austria
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$36.32
€33.19
|
$68.45
ISK9,354
|
|
| 1-Bedroom apartment in downtown area |
$871.49
€796.39
|
$1,864.13
ISK254,734
|
|
| 1-Bedroom apartment outside city center |
$685.35
€626.29
|
$1,666.20
ISK227,686
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$267.95
€244.86
|
$64.43
ISK8,805
|
|
pay 53.5% less for childcare
|
Austria
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$469.56
€429.09
|
$240.37
ISK32,846
|
|
| Middle school for 1 child, two semesters |
$14,286.41
€13,055.17
|
$5,984.07
ISK817,724
|
|
pay 64.7% more for entertainment and sports
|
Austria
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.59
€4.20
|
$10.79
ISK1,475
|
|
| Cappuccino in mid-range area |
$3.54
€3.23
|
$5.09
ISK695
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.46
€5.91
|
$11.87
ISK1,622
|
|
| Monthly membership at local gym |
$44.34
€40.52
|
$65.50
ISK8,951
|
|
| Movie ticket to theater/cinema |
$12.69
€11.59
|
$14.39
ISK1,966
|
|
pay 28.6% more for clothing
|
Austria
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$85.15
€77.81
|
$103.94
ISK14,204
|
|
|
Regular dress
from H&M or similar store
|
$46.34
€42.35
|
$43.50
ISK5,944
|
|
|
Running shoes
Nike or Adidas
|
$89.08
€81.40
|
$141.47
ISK19,332
|
|
| Men's business shoes (leather) |
$125.31
€114.51
|
$174.65
ISK23,866
|
|
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