Cost of living comparison
Reykjavik is 35.0% more expensive than Germany.
If you lived in Reykjavik instead of Germany, you would:
pay 22.5% more for restaurants
Germany
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$12.84
€12.00
|
$18.40
ISK2,584
|
|
Fast food combo meal
McDonalds, or similar
|
$9.44
€8.82
|
$15.62
ISK2,194
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.65
€2.47
|
$2.53
ISK356
|
|
Bottle of water (11 fl. oz) |
$2.37
€2.22
|
$2.03
ISK284
|
|
pay 68.1% more for groceries
Germany
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$2.00
€1.86
|
$3.40
ISK478
|
|
Local cheese (8 oz) |
$6.74
€6.30
|
$7.20
ISK1,010
|
|
Milk (1 gallon) |
$4.22
€3.94
|
$5.90
ISK828
|
|
Eggs
1 dozen
|
$2.93
€2.74
|
$5.64
ISK792
|
|
Boneless chicken breast (1 lb) |
$3.90
€3.65
|
$8.08
ISK1,135
|
|
Apples (1 lb) |
$1.21
€1.13
|
$1.57
ISK220
|
|
Bananas (1 lb) |
$0.80
€0.74
|
$0.93
ISK131
|
|
Oranges (1 lb) |
$1.02
€0.96
|
$1.23
ISK173
|
|
Tomatoes (1 lb) |
$0.61
€0.57
|
$2.22
ISK311
|
|
Potatoes (1 lb) |
$0.73
€0.68
|
$1.24
ISK175
|
|
Onions (1 lb) |
$0.52
€0.49
|
$0.69
ISK97
|
|
pay 17.0% more for transportation
Germany
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.31
€7.76
|
$8.90
ISK1,249
|
|
Monthly public transit pass |
$73.47
€68.63
|
$65.56
ISK9,205
|
|
New Volkswagen Golf 1.4 (standard edition) |
$27,050.12
€25,267.68
|
$37,150.35
ISK5,215,909
|
|
Taxi trip in downtown area (5 miles) |
$21.90
€20.46
|
$29.44
ISK4,134
|
|
pay 63.5% more for housing
Germany
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$37.93
€35.43
|
$64.04
ISK8,991
|
|
1-Bedroom apartment in downtown area |
$759.74
€709.68
|
$1,613.16
ISK226,488
|
|
1-Bedroom apartment outside city center |
$577.93
€539.84
|
$1,379.70
ISK193,710
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$202.18
€188.86
|
$69.31
ISK9,732
|
|
pay 31.2% less for childcare
Germany
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$325.78
€304.31
|
$282.44
ISK39,654
|
|
Middle school for 1 child, two semesters |
$11,890.74
€11,107.21
|
$6,058.18
ISK850,568
|
|
pay 64.8% more for entertainment and sports
Germany
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$4.05
€3.79
|
$9.47
ISK1,330
|
|
Cappuccino in mid-range area |
$3.27
€3.05
|
$4.53
ISK636
|
|
Pack of cigarettes
Marlboro or similar
|
$8.03
€7.50
|
$11.66
ISK1,636
|
|
Monthly membership at local gym |
$34.77
€32.48
|
$67.30
ISK9,450
|
|
Movie ticket to theater/cinema |
$12.08
€11.28
|
$13.66
ISK1,918
|
|
pay 40.0% more for clothing
Germany
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$80.79
€75.47
|
$108.17
ISK15,186
|
|
Regular dress
from H&M or similar store
|
$39.60
€36.99
|
$43.41
ISK6,095
|
|
Running shoes
Nike or Adidas
|
$88.39
€82.57
|
$137.74
ISK19,339
|
|
Men's business shoes (leather) |
$113.48
€106.00
|
$182.49
ISK25,622
|
|
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