Cost of living comparison
Reykjavik is 50.1% more expensive than Lisbon.
If you lived in Reykjavik instead of Lisbon, you would:
pay 55.4% more for restaurants
|
Lisbon
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.19
€12.37
|
$18.40
kr2,599
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.25
€7.73
|
$15.62
kr2,207
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.77
€1.66
|
$2.53
kr358
|
|
| Bottle of water (11 fl. oz) |
$1.36
€1.28
|
$2.03
kr286
|
|
pay 75.4% more for groceries
|
Lisbon
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.55
€1.45
|
$3.40
kr481
|
|
| Local cheese (8 oz) |
$5.15
€4.83
|
$7.20
kr1,016
|
|
| Milk (1 gallon) |
$3.88
€3.64
|
$5.90
kr833
|
|
|
Eggs
1 dozen
|
$2.95
€2.77
|
$5.64
kr797
|
|
| Boneless chicken breast (1 lb) |
$3.38
€3.17
|
$8.08
kr1,142
|
|
| Apples (1 lb) |
$0.99
€0.93
|
$1.57
kr221
|
|
| Bananas (1 lb) |
$0.65
€0.61
|
$0.93
kr132
|
|
| Oranges (1 lb) |
$0.77
€0.72
|
$1.23
kr174
|
|
| Tomatoes (1 lb) |
$1.01
€0.94
|
$2.22
kr313
|
|
| Potatoes (1 lb) |
$0.64
€0.60
|
$1.24
kr176
|
|
| Onions (1 lb) |
$0.62
€0.58
|
$0.69
kr97
|
|
pay 70.0% more for transportation
|
Lisbon
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.68
€7.20
|
$8.90
kr1,257
|
|
| Monthly public transit pass |
$43.98
€41.25
|
$65.56
kr9,260
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$30,784.59
€28,871.82
|
$37,150.35
kr5,247,487
|
|
| Taxi trip in downtown area (5 miles) |
$10.00
€9.38
|
$29.44
kr4,159
|
|
pay 26.0% more for housing
|
Lisbon
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$39.97
€37.48
|
$64.04
kr9,046
|
|
| 1-Bedroom apartment in downtown area |
$1,352.26
€1,268.24
|
$1,613.16
kr227,859
|
|
| 1-Bedroom apartment outside city center |
$872.69
€818.46
|
$1,379.70
kr194,883
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$104.15
€97.68
|
$69.31
kr9,791
|
|
pay 41.0% less for childcare
|
Lisbon
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$462.77
€434.01
|
$282.44
kr39,894
|
|
| Middle school for 1 child, two semesters |
$10,635.21
€9,974.40
|
$6,058.18
kr855,718
|
|
pay 2.2 times more for entertainment and sports
|
Lisbon
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.75
€2.58
|
$9.47
kr1,338
|
|
| Cappuccino in mid-range area |
$2.06
€1.93
|
$4.53
kr640
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.94
€5.57
|
$11.66
kr1,646
|
|
| Monthly membership at local gym |
$42.87
€40.21
|
$67.30
kr9,507
|
|
| Movie ticket to theater/cinema |
$8.25
€7.73
|
$13.66
kr1,929
|
|
pay 48.0% more for clothing
|
Lisbon
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$84.22
€78.98
|
$108.17
kr15,278
|
|
|
Regular dress
from H&M or similar store
|
$35.28
€33.09
|
$43.41
kr6,132
|
|
|
Running shoes
Nike or Adidas
|
$83.32
€78.15
|
$137.74
kr19,456
|
|
| Men's business shoes (leather) |
$104.05
€97.58
|
$182.49
kr25,777
|
|
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