Cost of living comparison
Reykjavik is 2.4 times more expensive than Lima.
If you lived in Reykjavik instead of Lima, you would:
pay 3.8 times more for restaurants
Lima
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$4.03
PEN15.46
|
$21.59
ISK2,996
|
|
Fast food combo meal
McDonalds, or similar
|
$6.18
PEN23.70
|
$17.27
ISK2,397
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.86
PEN3.31
|
$2.90
ISK403
|
|
Bottle of water (11 fl. oz) |
$0.55
PEN2.09
|
$2.07
ISK288
|
|
pay 2.5 times more for groceries
Lima
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$2.33
PEN8.95
|
$3.68
ISK511
|
|
Local cheese (8 oz) |
$3.60
PEN13.81
|
$7.66
ISK1,063
|
|
Milk (1 gallon) |
$4.93
PEN18.91
|
$6.16
ISK855
|
|
Eggs
1 dozen
|
$2.67
PEN10.24
|
$5.91
ISK820
|
|
Boneless chicken breast (1 lb) |
$2.37
PEN9.08
|
$8.87
ISK1,231
|
|
Apples (1 lb) |
$0.80
PEN3.05
|
$1.53
ISK212
|
|
Bananas (1 lb) |
$0.49
PEN1.89
|
$0.97
ISK134
|
|
Oranges (1 lb) |
$0.46
PEN1.78
|
$1.26
ISK175
|
|
Tomatoes (1 lb) |
$0.49
PEN1.86
|
$2.23
ISK309
|
|
Potatoes (1 lb) |
$0.48
PEN1.83
|
$1.42
ISK196
|
|
Onions (1 lb) |
$0.48
PEN1.86
|
$1.01
ISK140
|
|
pay 95.4% more for transportation
Lima
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$5.61
PEN21.53
|
$8.57
ISK1,190
|
|
Monthly public transit pass |
$20.86
PEN79.98
|
$66.92
ISK9,287
|
|
New Volkswagen Golf 1.4 (standard edition) |
$21,497.63
PEN82,441.68
|
$41,660.67
ISK5,781,668
|
|
Taxi trip in downtown area (5 miles) |
$20.42
PEN78.32
|
$23.30
ISK3,233
|
|
pay 2.9 times more for housing
Lima
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$29.05
PEN111.40
|
$68.45
ISK9,499
|
|
1-Bedroom apartment in downtown area |
$557.54
PEN2,138.10
|
$1,864.13
ISK258,704
|
|
1-Bedroom apartment outside city center |
$362.83
PEN1,391.41
|
$1,666.20
ISK231,235
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$47.53
PEN182.27
|
$64.43
ISK8,942
|
|
pay 11.7% less for childcare
Lima
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$250.81
PEN961.82
|
$240.37
ISK33,358
|
|
Middle school for 1 child, two semesters |
$7,392.79
PEN28,350.78
|
$5,984.07
ISK830,470
|
|
pay 2.7 times more for entertainment and sports
Lima
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.15
PEN8.24
|
$10.79
ISK1,498
|
|
Cappuccino in mid-range area |
$2.66
PEN10.20
|
$5.09
ISK706
|
|
Pack of cigarettes
Marlboro or similar
|
$5.37
PEN20.61
|
$11.87
ISK1,648
|
|
Monthly membership at local gym |
$30.70
PEN117.72
|
$65.50
ISK9,090
|
|
Movie ticket to theater/cinema |
$6.72
PEN25.76
|
$14.39
ISK1,997
|
|
pay 84.1% more for clothing
Lima
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$43.97
PEN168.61
|
$103.94
ISK14,425
|
|
Regular dress
from H&M or similar store
|
$31.91
PEN122.37
|
$43.50
ISK6,036
|
|
Running shoes
Nike or Adidas
|
$81.88
PEN314.01
|
$141.47
ISK19,634
|
|
Men's business shoes (leather) |
$91.53
PEN351.02
|
$174.65
ISK24,238
|
|
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