Cost of living comparison
Reykjavik is 2.1 times more expensive than Bucharest.
If you lived in Reykjavik instead of Bucharest, you would:
pay 68.4% more for restaurants
Bucharest
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$11.06
RON51.39
|
$18.40
ISK2,584
|
|
Fast food combo meal
McDonalds, or similar
|
$5.97
RON27.75
|
$15.62
ISK2,194
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.88
RON8.72
|
$2.53
ISK356
|
|
Bottle of water (11 fl. oz) |
$1.83
RON8.50
|
$2.03
ISK284
|
|
pay 2.1 times more for groceries
Bucharest
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$1.16
RON5.39
|
$3.40
ISK478
|
|
Local cheese (8 oz) |
$4.39
RON20.41
|
$7.20
ISK1,010
|
|
Milk (1 gallon) |
$6.94
RON32.23
|
$5.90
ISK828
|
|
Eggs
1 dozen
|
$3.23
RON15.02
|
$5.64
ISK792
|
|
Boneless chicken breast (1 lb) |
$2.90
RON13.50
|
$8.08
ISK1,135
|
|
Apples (1 lb) |
$0.53
RON2.44
|
$1.57
ISK220
|
|
Bananas (1 lb) |
$0.74
RON3.44
|
$0.93
ISK131
|
|
Oranges (1 lb) |
$0.71
RON3.30
|
$1.23
ISK173
|
|
Tomatoes (1 lb) |
$0.97
RON4.50
|
$2.22
ISK311
|
|
Potatoes (1 lb) |
$0.42
RON1.94
|
$1.24
ISK175
|
|
Onions (1 lb) |
$0.44
RON2.04
|
$0.69
ISK97
|
|
pay 2.9 times more for transportation
Bucharest
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$6.01
RON27.92
|
$8.90
ISK1,249
|
|
Monthly public transit pass |
$17.69
RON82.23
|
$65.56
ISK9,205
|
|
New Volkswagen Golf 1.4 (standard edition) |
$24,329.82
RON113,063.12
|
$37,150.35
ISK5,215,909
|
|
Taxi trip in downtown area (5 miles) |
$5.96
RON27.71
|
$29.44
ISK4,134
|
|
pay 3.6 times more for housing
Bucharest
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$9.46
RON43.98
|
$64.04
ISK8,991
|
|
1-Bedroom apartment in downtown area |
$509.31
RON2,366.81
|
$1,613.16
ISK226,488
|
|
1-Bedroom apartment outside city center |
$357.17
RON1,659.79
|
$1,379.70
ISK193,710
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$108.55
RON504.43
|
$69.31
ISK9,732
|
|
pay 39.2% less for childcare
Bucharest
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$508.58
RON2,363.44
|
$282.44
ISK39,654
|
|
Middle school for 1 child, two semesters |
$9,180.57
RON42,663.02
|
$6,058.18
ISK850,568
|
|
pay 2.1 times more for entertainment and sports
Bucharest
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.47
RON11.46
|
$9.47
ISK1,330
|
|
Cappuccino in mid-range area |
$2.90
RON13.47
|
$4.53
ISK636
|
|
Pack of cigarettes
Marlboro or similar
|
$5.53
RON25.70
|
$11.66
ISK1,636
|
|
Monthly membership at local gym |
$47.02
RON218.52
|
$67.30
ISK9,450
|
|
Movie ticket to theater/cinema |
$7.74
RON35.97
|
$13.66
ISK1,918
|
|
pay 54.4% more for clothing
Bucharest
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$72.25
RON335.76
|
$108.17
ISK15,186
|
|
Regular dress
from H&M or similar store
|
$42.02
RON195.29
|
$43.41
ISK6,095
|
|
Running shoes
Nike or Adidas
|
$77.44
RON359.89
|
$137.74
ISK19,339
|
|
Men's business shoes (leather) |
$97.82
RON454.59
|
$182.49
ISK25,622
|
|
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