Cost of living comparison
Reykjavik is 5.9 times more expensive than India.
If you lived in Reykjavik instead of India, you would:
pay 7.3 times more for restaurants
India
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$2.24
₹186.89
|
$18.40
kr2,516
|
|
Fast food combo meal
McDonalds, or similar
|
$3.92
₹327.59
|
$15.62
kr2,137
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.41
₹34.41
|
$2.53
kr347
|
|
Bottle of water (11 fl. oz) |
$0.19
₹15.50
|
$2.03
kr277
|
|
pay 4.9 times more for groceries
India
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$0.45
₹37.65
|
$3.40
kr466
|
|
Local cheese (8 oz) |
$2.51
₹209.44
|
$7.20
kr984
|
|
Milk (1 gallon) |
$2.48
₹206.99
|
$5.90
kr806
|
|
Eggs
1 dozen
|
$0.92
₹76.68
|
$5.64
kr771
|
|
Boneless chicken breast (1 lb) |
$1.36
₹113.58
|
$8.08
kr1,105
|
|
Apples (1 lb) |
$0.83
₹69.42
|
$1.57
kr214
|
|
Bananas (1 lb) |
$0.28
₹23.58
|
$0.93
kr127
|
|
Oranges (1 lb) |
$0.44
₹37.00
|
$1.23
kr168
|
|
Tomatoes (1 lb) |
$0.22
₹18.24
|
$2.22
kr303
|
|
Potatoes (1 lb) |
$0.16
₹13.62
|
$1.24
kr170
|
|
Onions (1 lb) |
$0.19
₹15.79
|
$0.69
kr94
|
|
pay 5.9 times more for transportation
India
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.78
₹399.70
|
$8.90
kr1,217
|
|
Monthly public transit pass |
$8.38
₹700.11
|
$65.56
kr8,965
|
|
New Volkswagen Golf 1.4 (standard edition) |
$13,136.82
₹1,098,157.11
|
$37,150.35
kr5,080,241
|
|
Taxi trip in downtown area (5 miles) |
$2.70
₹225.46
|
$29.44
kr4,026
|
|
pay 9.8 times more for housing
India
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$8.43
₹705.05
|
$64.04
kr8,757
|
|
1-Bedroom apartment in downtown area |
$126.14
₹10,544.59
|
$1,613.16
kr220,597
|
|
1-Bedroom apartment outside city center |
$85.52
₹7,148.89
|
$1,379.70
kr188,671
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$26.13
₹2,184.14
|
$69.31
kr9,479
|
|
pay 5.5 times more for childcare
India
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$47.60
₹3,979.25
|
$282.44
kr38,623
|
|
Middle school for 1 child, two semesters |
$1,206.46
₹100,852.32
|
$6,058.18
kr828,444
|
|
pay 4.0 times more for entertainment and sports
India
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.88
₹157.44
|
$9.47
kr1,295
|
|
Cappuccino in mid-range area |
$1.40
₹117.15
|
$4.53
kr619
|
|
Pack of cigarettes
Marlboro or similar
|
$3.85
₹321.47
|
$11.66
kr1,594
|
|
Monthly membership at local gym |
$17.05
₹1,425.46
|
$67.30
kr9,204
|
|
Movie ticket to theater/cinema |
$2.94
₹245.53
|
$13.66
kr1,868
|
|
pay 3.8 times more for clothing
India
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$25.43
₹2,125.57
|
$108.17
kr14,791
|
|
Regular dress
from H&M or similar store
|
$26.83
₹2,242.63
|
$43.41
kr5,937
|
|
Running shoes
Nike or Adidas
|
$41.28
₹3,450.64
|
$137.74
kr18,836
|
|
Men's business shoes (leather) |
$30.75
₹2,570.46
|
$182.49
kr24,956
|
|
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