Cost of living comparison
Reykjavik is 4.6% cheaper than Canberra.
If you lived in Reykjavik instead of Canberra, you would:
pay 3.5% more for restaurants
|
Canberra
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$26.69
A$41.13
|
$18.40
kr2,586
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.01
A$15.43
|
$15.62
kr2,196
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.70
A$4.16
|
$2.53
kr356
|
|
| Bottle of water (11 fl. oz) |
$2.13
A$3.28
|
$2.03
kr285
|
|
pay 13.3% more for groceries
|
Canberra
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.29
A$3.54
|
$3.40
kr478
|
|
| Local cheese (8 oz) |
$6.42
A$9.90
|
$7.20
kr1,011
|
|
| Milk (1 gallon) |
$6.48
A$9.99
|
$5.90
kr828
|
|
|
Eggs
1 dozen
|
$4.10
A$6.32
|
$5.64
kr793
|
|
| Boneless chicken breast (1 lb) |
$3.63
A$5.59
|
$8.08
kr1,136
|
|
| Apples (1 lb) |
$1.47
A$2.26
|
$1.57
kr220
|
|
| Bananas (1 lb) |
$1.13
A$1.74
|
$0.93
kr131
|
|
| Oranges (1 lb) |
$1.60
A$2.46
|
$1.23
kr173
|
|
| Tomatoes (1 lb) |
$2.47
A$3.80
|
$2.22
kr311
|
|
| Potatoes (1 lb) |
$1.17
A$1.80
|
$1.24
kr175
|
|
| Onions (1 lb) |
$0.96
A$1.48
|
$0.69
kr97
|
|
pay 49.8% more for transportation
|
Canberra
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.45
A$8.41
|
$8.90
kr1,250
|
|
| Monthly public transit pass |
$100.08
A$154.25
|
$65.56
kr9,212
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$20,016.00
A$30,850.80
|
$37,150.35
kr5,220,368
|
|
| Taxi trip in downtown area (5 miles) |
$15.93
A$24.56
|
$29.44
kr4,137
|
|
pay 22.1% less for housing
|
Canberra
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$68.64
A$105.79
|
$64.04
kr8,999
|
|
| 1-Bedroom apartment in downtown area |
$1,824.70
A$2,812.42
|
$1,613.16
kr226,681
|
|
| 1-Bedroom apartment outside city center |
$1,494.78
A$2,303.92
|
$1,379.70
kr193,876
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$183.28
A$282.50
|
$69.31
kr9,740
|
|
pay 70.3% less for childcare
|
Canberra
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,686.35
A$2,599.18
|
$282.44
kr39,688
|
|
| Middle school for 1 child, two semesters |
$14,216.13
A$21,911.41
|
$6,058.18
kr851,295
|
|
pay 0.9% less for entertainment and sports
|
Canberra
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$8.01
A$12.34
|
$9.47
kr1,331
|
|
| Cappuccino in mid-range area |
$3.74
A$5.77
|
$4.53
kr636
|
|
|
Pack of cigarettes
Marlboro or similar
|
$23.35
A$35.99
|
$11.66
kr1,638
|
|
| Monthly membership at local gym |
$64.70
A$99.72
|
$67.30
kr9,458
|
|
| Movie ticket to theater/cinema |
$13.34
A$20.57
|
$13.66
kr1,919
|
|
pay 5.7% less for clothing
|
Canberra
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$93.52
A$144.15
|
$108.17
kr15,199
|
|
|
Regular dress
from H&M or similar store
|
$72.72
A$112.09
|
$43.41
kr6,101
|
|
|
Running shoes
Nike or Adidas
|
$134.62
A$207.49
|
$137.74
kr19,355
|
|
| Men's business shoes (leather) |
$183.19
A$282.35
|
$182.49
kr25,644
|
|
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