Cost of living comparison
Reykjavik is 1.2% cheaper than Los Angeles.
- Restaurants
-
pay 8.7% more in Reykjavik
- Groceries
-
pay 1.5% less in Reykjavik
- Transportation
-
pay 37.8% more in Reykjavik
- Housing
-
pay 24.6% less in Reykjavik
- Childcare
-
pay 82.5% less in Reykjavik
- Entertainment and Sports
-
pay 6.8% more in Reykjavik
- Clothing
-
pay 46.7% more in Reykjavik
The cost of clothing, transportation, restaurants, and entertainment and sports in Reykjavik are more expensive than in Los Angeles. Expenses including childcare, housing, and groceries are lower in Reykjavik.
If you lived in Reykjavik instead of Los Angeles, you would:
pay 8.7% more for restaurants
|
Los Angeles
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$25.00
|
$20.00
ISK2,833
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.00
|
$18.02
ISK2,553
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.95
|
$3.15
ISK447
|
|
| Bottle of water (11 fl. oz) |
$2.23
|
$2.19
ISK310
|
|
pay 1.5% less for groceries
|
Los Angeles
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.99
|
$3.61
ISK512
|
|
| Local cheese (8 oz) |
$6.87
|
$7.76
ISK1,099
|
|
| Milk (1 gallon) |
$4.56
|
$6.40
ISK907
|
|
|
Eggs
1 dozen
|
$4.77
|
$5.76
ISK816
|
|
| Boneless chicken breast (1 lb) |
$7.25
|
$9.45
ISK1,338
|
|
| Apples (1 lb) |
$2.72
|
$1.40
ISK199
|
|
| Bananas (1 lb) |
$1.05
|
$1.01
ISK143
|
|
| Oranges (1 lb) |
$1.66
|
$1.22
ISK172
|
|
| Tomatoes (1 lb) |
$2.26
|
$2.22
ISK315
|
|
| Potatoes (1 lb) |
$1.35
|
$1.43
ISK203
|
|
| Onions (1 lb) |
$1.15
|
$0.93
ISK132
|
|
pay 37.8% more for transportation
|
Los Angeles
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.96
|
$8.50
ISK1,204
|
|
| Monthly public transit pass |
$79.13
|
$74.95
ISK10,619
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$30,499.50
|
$42,450.45
ISK6,013,955
|
|
| Taxi trip in downtown area (5 miles) |
$16.52
|
$24.05
ISK3,407
|
|
pay 24.6% less for housing
|
Los Angeles
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.71
|
$69.87
ISK9,898
|
|
| 1-Bedroom apartment in downtown area |
$2,395.36
|
$1,971.17
ISK279,256
|
|
| 1-Bedroom apartment outside city center |
$2,100.61
|
$1,803.44
ISK255,493
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$144.10
|
$53.95
ISK7,644
|
|
pay 82.5% less for childcare
|
Los Angeles
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,778.57
|
$252.14
ISK35,721
|
|
| Middle school for 1 child, two semesters |
$28,750.00
|
$5,993.99
ISK849,169
|
|
pay 6.8% more for entertainment and sports
|
Los Angeles
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$8.00
|
$10.81
ISK1,532
|
|
| Cappuccino in mid-range area |
$5.46
|
$5.31
ISK752
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.00
|
$12.25
ISK1,735
|
|
| Monthly membership at local gym |
$59.41
|
$69.95
ISK9,909
|
|
| Movie ticket to theater/cinema |
$18.00
|
$14.77
ISK2,093
|
|
pay 46.7% more for clothing
|
Los Angeles
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$58.46
|
$108.97
ISK15,438
|
|
|
Regular dress
from H&M or similar store
|
$42.72
|
$49.72
ISK7,044
|
|
|
Running shoes
Nike or Adidas
|
$101.30
|
$151.85
ISK21,513
|
|
| Men's business shoes (leather) |
$144.74
|
$194.16
ISK27,506
|
|
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