Cost of living comparison
compared to
Reykjavik vs. Erie Cost of Living Summary
Reykjavik is 71.6% more expensive than Erie.
- Restaurants
-
pay 66.5% more in Reykjavik
- Groceries
-
pay 33.3% more in Reykjavik
- Transportation
-
pay 2.1 times more in Reykjavik
- Housing
-
pay 65.9% more in Reykjavik
- Childcare
-
pay 42.6% less in Reykjavik
- Entertainment and Sports
-
pay 2.1 times more in Reykjavik
- Clothing
-
pay 2.6 times more in Reykjavik
The cost of clothing, entertainment and sports, transportation, restaurants, housing, and groceries in Reykjavik are more expensive than in Erie. Notably, clothing, entertainment and sports, and transportation are significantly more expensive in Reykjavik.
Reykjavik vs. Erie Cost Breakdown
If you lived in Reykjavik instead of Erie, you would:
pay 66.5% more for restaurants
|
Erie
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
|
$27.48
ISK3,473
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.50
|
$22.76
ISK2,877
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.25
|
$3.34
ISK422
|
|
| Bottle of water (11 fl. oz) |
$1.92
|
$2.70
ISK341
|
|
Erie vs. Reykjavik - Cost of restaurants
pay 33.3% more for groceries
|
Erie
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.82
|
$4.63
ISK586
|
|
| Local cheese (8 oz) |
$7.29
|
$9.44
ISK1,193
|
|
| Milk (1 gallon) |
$4.45
|
$7.63
ISK964
|
|
|
Eggs
1 dozen
|
$2.92
|
$6.50
ISK822
|
|
| Boneless chicken breast (1 lb) |
$6.02
|
$11.29
ISK1,427
|
|
| Apples (1 lb) |
$2.24
|
$1.59
ISK201
|
|
| Bananas (1 lb) |
$0.65
|
$1.17
ISK148
|
|
| Oranges (1 lb) |
$2.36
|
$1.49
ISK188
|
|
| Tomatoes (1 lb) |
$2.36
|
$2.54
ISK321
|
|
| Potatoes (1 lb) |
$1.16
|
$1.70
ISK214
|
|
| Onions (1 lb) |
$1.71
|
$1.13
ISK143
|
|
Erie vs. Reykjavik - Cost of groceries
pay 2.1 times more for transportation
|
Erie
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.35
|
$9.66
ISK1,221
|
|
| Monthly public transit pass |
$52.00
|
$88.58
ISK11,197
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$23,646.60
|
$50,771.00
ISK6,417,454
|
|
| Taxi trip in downtown area (5 miles) |
$16.40
|
$28.07
ISK3,548
|
|
Erie vs. Reykjavik - Cost of transportation
pay 65.9% more for housing
|
Erie
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$75.38
|
$81.97
ISK10,361
|
|
| 1-Bedroom apartment in downtown area |
$666.67
|
$2,259.48
ISK285,599
|
|
| 1-Bedroom apartment outside city center |
$1,132.00
|
$2,034.90
ISK257,212
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$167.73
|
$60.87
ISK7,694
|
|
Erie vs. Reykjavik - Cost of housing
pay 42.6% less for childcare
|
Erie
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,282.50
|
$327.78
ISK41,431
|
|
| Middle school for 1 child, two semesters |
$34,440.00
|
$30,711.08
ISK3,881,881
|
|
Erie vs. Reykjavik - Cost of childcare
pay 2.1 times more for entertainment and sports
|
Erie
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.25
|
$13.12
ISK1,659
|
|
| Cappuccino in mid-range area |
$4.96
|
$6.17
ISK780
|
|
|
Pack of cigarettes
Marlboro or similar
|
$8.00
|
$13.94
ISK1,761
|
|
| Monthly membership at local gym |
$28.33
|
$87.35
ISK11,041
|
|
| Movie ticket to theater/cinema |
$12.00
|
$17.18
ISK2,172
|
|
Erie vs. Reykjavik - Cost of entertainment and sports
pay 2.6 times more for clothing
|
Erie
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.40
|
$145.10
ISK18,340
|
|
|
Regular dress
from H&M or similar store
|
$35.00
|
$63.97
ISK8,086
|
|
|
Running shoes
Nike or Adidas
|
$76.54
|
$193.43
ISK24,449
|
|
| Men's business shoes (leather) |
$89.17
|
$248.79
ISK31,447
|
|
Erie vs. Reykjavik - Cost of clothing
The statistics used to build this comparison are calculated using data from users just like you.
We average the price of thousands of data points entered by users across the world.
Learn more about our data sources. Page last updated: December 2025
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