Cost of living comparison
Reykjavik is 5.0% cheaper than Canberra.
If you lived in Reykjavik instead of Canberra, you would:
pay 11.7% more for restaurants
|
Canberra
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$26.58
A$39.30
|
$21.59
ISK2,987
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.97
A$14.74
|
$17.27
ISK2,390
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.84
A$4.20
|
$2.90
ISK402
|
|
| Bottle of water (11 fl. oz) |
$2.31
A$3.41
|
$2.07
ISK287
|
|
pay 15.9% more for groceries
|
Canberra
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.60
A$3.84
|
$3.68
ISK510
|
|
| Local cheese (8 oz) |
$5.54
A$8.18
|
$7.66
ISK1,060
|
|
| Milk (1 gallon) |
$6.63
A$9.81
|
$6.16
ISK853
|
|
|
Eggs
1 dozen
|
$4.55
A$6.72
|
$5.91
ISK818
|
|
| Boneless chicken breast (1 lb) |
$4.00
A$5.91
|
$8.87
ISK1,228
|
|
| Apples (1 lb) |
$1.59
A$2.35
|
$1.53
ISK211
|
|
| Bananas (1 lb) |
$1.29
A$1.91
|
$0.97
ISK134
|
|
| Oranges (1 lb) |
$1.56
A$2.31
|
$1.26
ISK174
|
|
| Tomatoes (1 lb) |
$2.65
A$3.92
|
$2.23
ISK308
|
|
| Potatoes (1 lb) |
$1.19
A$1.76
|
$1.42
ISK196
|
|
| Onions (1 lb) |
$1.06
A$1.56
|
$1.01
ISK140
|
|
pay 24.1% more for transportation
|
Canberra
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.17
A$7.64
|
$8.57
ISK1,187
|
|
| Monthly public transit pass |
$113.84
A$168.28
|
$66.92
ISK9,261
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$29,523.01
A$43,640.82
|
$41,660.67
ISK5,765,837
|
|
| Taxi trip in downtown area (5 miles) |
$17.81
A$26.33
|
$23.30
ISK3,224
|
|
pay 11.5% less for housing
|
Canberra
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.35
A$102.52
|
$68.45
ISK9,473
|
|
| 1-Bedroom apartment in downtown area |
$1,797.26
A$2,656.70
|
$1,864.13
ISK257,996
|
|
| 1-Bedroom apartment outside city center |
$1,415.42
A$2,092.27
|
$1,666.20
ISK230,602
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$191.07
A$282.43
|
$64.43
ISK8,918
|
|
pay 73.0% less for childcare
|
Canberra
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,814.59
A$2,682.32
|
$240.37
ISK33,267
|
|
| Middle school for 1 child, two semesters |
$14,626.48
A$21,620.82
|
$5,984.07
ISK828,196
|
|
pay 4.4% more for entertainment and sports
|
Canberra
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$7.31
A$10.81
|
$10.79
ISK1,494
|
|
| Cappuccino in mid-range area |
$3.74
A$5.54
|
$5.09
ISK704
|
|
|
Pack of cigarettes
Marlboro or similar
|
$26.58
A$39.30
|
$11.87
ISK1,643
|
|
| Monthly membership at local gym |
$67.03
A$99.08
|
$65.50
ISK9,066
|
|
| Movie ticket to theater/cinema |
$14.95
A$22.10
|
$14.39
ISK1,992
|
|
pay 6.3% less for clothing
|
Canberra
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$92.73
A$137.07
|
$103.94
ISK14,385
|
|
|
Regular dress
from H&M or similar store
|
$83.64
A$123.63
|
$43.50
ISK6,020
|
|
|
Running shoes
Nike or Adidas
|
$129.37
A$191.24
|
$141.47
ISK19,580
|
|
| Men's business shoes (leather) |
$172.79
A$255.42
|
$174.65
ISK24,172
|
|
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