Cost of living comparison
Reykjavik is 24.4% more expensive than Ireland overall.
- Restaurants
-
pay 44.1% more in Reykjavik
- Groceries
-
pay 53.4% more in Reykjavik
- Transportation
-
pay 2.9% more in Reykjavik
- Housing
-
pay 18.6% more in Reykjavik
- Childcare
-
pay 43.1% less in Reykjavik
- Entertainment and Sports
-
pay 28.4% more in Reykjavik
- Clothing
-
pay 66.6% more in Reykjavik
The cost of clothing, groceries, restaurants, entertainment and sports, housing, and transportation in Reykjavik are more expensive than in Ireland.
If you lived in Reykjavik instead of Ireland, you would:
pay 44.1% more for restaurants
|
Ireland
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$17.71
€17.24
|
$20.00
ISK2,833
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.75
€9.49
|
$18.02
ISK2,553
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.15
€2.10
|
$3.15
ISK447
|
|
| Bottle of water (11 fl. oz) |
$1.66
€1.61
|
$2.19
ISK310
|
|
pay 53.4% more for groceries
|
Ireland
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.78
€1.73
|
$3.61
ISK512
|
|
| Local cheese (8 oz) |
$4.12
€4.01
|
$7.76
ISK1,099
|
|
| Milk (1 gallon) |
$5.05
€4.91
|
$6.40
ISK907
|
|
|
Eggs
1 dozen
|
$3.71
€3.61
|
$5.76
ISK816
|
|
| Boneless chicken breast (1 lb) |
$4.48
€4.36
|
$9.45
ISK1,338
|
|
| Apples (1 lb) |
$1.22
€1.18
|
$1.40
ISK199
|
|
| Bananas (1 lb) |
$0.91
€0.89
|
$1.01
ISK143
|
|
| Oranges (1 lb) |
$1.24
€1.21
|
$1.22
ISK172
|
|
| Tomatoes (1 lb) |
$1.58
€1.54
|
$2.22
ISK315
|
|
| Potatoes (1 lb) |
$0.80
€0.78
|
$1.43
ISK203
|
|
| Onions (1 lb) |
$0.59
€0.57
|
$0.93
ISK132
|
|
pay 2.9% more for transportation
|
Ireland
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.11
€6.93
|
$8.50
ISK1,204
|
|
| Monthly public transit pass |
$119.47
€116.33
|
$74.95
ISK10,619
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$37,943.34
€36,945.81
|
$42,450.45
ISK6,013,955
|
|
| Taxi trip in downtown area (5 miles) |
$20.48
€19.94
|
$24.05
ISK3,407
|
|
pay 18.6% more for housing
|
Ireland
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$46.92
€45.69
|
$69.87
ISK9,898
|
|
| 1-Bedroom apartment in downtown area |
$1,406.76
€1,369.77
|
$1,971.17
ISK279,256
|
|
| 1-Bedroom apartment outside city center |
$1,187.82
€1,156.59
|
$1,803.44
ISK255,493
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$159.87
€155.67
|
$53.95
ISK7,644
|
|
pay 43.1% less for childcare
|
Ireland
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$996.31
€970.11
|
$252.14
ISK35,721
|
|
| Middle school for 1 child, two semesters |
$6,771.62
€6,593.59
|
$5,993.99
ISK849,169
|
|
pay 28.4% more for entertainment and sports
|
Ireland
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.94
€5.78
|
$10.81
ISK1,532
|
|
| Cappuccino in mid-range area |
$3.80
€3.70
|
$5.31
ISK752
|
|
|
Pack of cigarettes
Marlboro or similar
|
$16.44
€16.01
|
$12.25
ISK1,735
|
|
| Monthly membership at local gym |
$55.70
€54.24
|
$69.95
ISK9,909
|
|
| Movie ticket to theater/cinema |
$12.29
€11.97
|
$14.77
ISK2,093
|
|
pay 66.6% more for clothing
|
Ireland
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$77.94
€75.89
|
$108.97
ISK15,438
|
|
|
Regular dress
from H&M or similar store
|
$37.83
€36.83
|
$49.72
ISK7,044
|
|
|
Running shoes
Nike or Adidas
|
$85.63
€83.38
|
$151.85
ISK21,513
|
|
| Men's business shoes (leather) |
$89.10
€86.76
|
$194.16
ISK27,506
|
|
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