Cost of living comparison

compared to

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

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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

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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

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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

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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

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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

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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

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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: March 2024
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