Cost of living comparison
Reykjavik is 72.8% more expensive than Greece.
If you lived in Reykjavik instead of Greece, you would:
pay 91.1% more for restaurants
|
Greece
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$12.71
€11.80
|
$18.40
ISK2,570
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.10
€7.52
|
$15.62
ISK2,182
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.99
€1.85
|
$2.53
ISK354
|
|
| Bottle of water (11 fl. oz) |
$0.68
€0.63
|
$2.03
ISK283
|
|
pay 86.4% more for groceries
|
Greece
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.16
€1.08
|
$3.40
ISK475
|
|
| Local cheese (8 oz) |
$4.97
€4.62
|
$7.20
ISK1,005
|
|
| Milk (1 gallon) |
$5.63
€5.23
|
$5.90
ISK823
|
|
|
Eggs
1 dozen
|
$3.81
€3.53
|
$5.64
ISK788
|
|
| Boneless chicken breast (1 lb) |
$3.64
€3.38
|
$8.08
ISK1,129
|
|
| Apples (1 lb) |
$0.86
€0.80
|
$1.57
ISK219
|
|
| Bananas (1 lb) |
$0.86
€0.79
|
$0.93
ISK130
|
|
| Oranges (1 lb) |
$0.62
€0.57
|
$1.23
ISK172
|
|
| Tomatoes (1 lb) |
$0.83
€0.77
|
$2.22
ISK309
|
|
| Potatoes (1 lb) |
$0.53
€0.49
|
$1.24
ISK174
|
|
| Onions (1 lb) |
$0.48
€0.44
|
$0.69
ISK96
|
|
pay 64.4% more for transportation
|
Greece
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.80
€8.18
|
$8.90
ISK1,242
|
|
| Monthly public transit pass |
$40.24
€37.37
|
$65.56
ISK9,155
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$22,158.38
€20,577.38
|
$37,150.35
ISK5,187,675
|
|
| Taxi trip in downtown area (5 miles) |
$13.03
€12.10
|
$29.44
ISK4,111
|
|
pay 2.5 times more for housing
|
Greece
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$34.83
€32.35
|
$64.04
ISK8,943
|
|
| 1-Bedroom apartment in downtown area |
$429.23
€398.61
|
$1,613.16
ISK225,262
|
|
| 1-Bedroom apartment outside city center |
$358.56
€332.98
|
$1,379.70
ISK192,661
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$172.07
€159.79
|
$69.31
ISK9,679
|
|
pay 13.6% less for childcare
|
Greece
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$341.10
€316.76
|
$282.44
ISK39,439
|
|
| Middle school for 1 child, two semesters |
$6,725.16
€6,245.32
|
$6,058.18
ISK845,964
|
|
pay 79.7% more for entertainment and sports
|
Greece
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.08
€3.79
|
$9.47
ISK1,322
|
|
| Cappuccino in mid-range area |
$3.33
€3.09
|
$4.53
ISK632
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.12
€4.75
|
$11.66
ISK1,628
|
|
| Monthly membership at local gym |
$45.22
€42.00
|
$67.30
ISK9,398
|
|
| Movie ticket to theater/cinema |
$8.85
€8.22
|
$13.66
ISK1,907
|
|
pay 55.5% more for clothing
|
Greece
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$76.36
€70.91
|
$108.17
ISK15,104
|
|
|
Regular dress
from H&M or similar store
|
$36.41
€33.82
|
$43.41
ISK6,062
|
|
|
Running shoes
Nike or Adidas
|
$77.82
€72.27
|
$137.74
ISK19,234
|
|
| Men's business shoes (leather) |
$99.20
€92.12
|
$182.49
ISK25,483
|
|
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