Cost of living comparison
Reykjavik is 3.2% more expensive than Luxembourg.
If you lived in Reykjavik instead of Luxembourg, you would:
pay 7.3% less for restaurants
Luxembourg
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$21.99
€20.25
|
$18.40
kr2,516
|
|
Fast food combo meal
McDonalds, or similar
|
$10.99
€10.13
|
$15.62
kr2,137
|
|
Bottle of Coca-Cola (11 fl. oz) |
$3.06
€2.82
|
$2.53
kr347
|
|
Bottle of water (11 fl. oz) |
$3.26
€3.00
|
$2.03
kr277
|
|
pay 15.6% more for groceries
Luxembourg
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$3.24
€2.98
|
$3.40
kr466
|
|
Local cheese (8 oz) |
$10.86
€10.00
|
$7.20
kr984
|
|
Milk (1 gallon) |
$5.35
€4.93
|
$5.90
kr806
|
|
Eggs
1 dozen
|
$3.77
€3.47
|
$5.64
kr771
|
|
Boneless chicken breast (1 lb) |
$5.60
€5.16
|
$8.08
kr1,105
|
|
Apples (1 lb) |
$1.29
€1.19
|
$1.57
kr214
|
|
Bananas (1 lb) |
$0.75
€0.69
|
$0.93
kr127
|
|
Oranges (1 lb) |
$1.19
€1.09
|
$1.23
kr168
|
|
Tomatoes (1 lb) |
$1.96
€1.80
|
$2.22
kr303
|
|
Potatoes (1 lb) |
$0.75
€0.69
|
$1.24
kr170
|
|
Onions (1 lb) |
$1.02
€0.94
|
$0.69
kr94
|
|
pay 20.0% more for transportation
Luxembourg
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$6.74
€6.20
|
$8.90
kr1,217
|
|
Monthly public transit pass | ?? |
$65.56
kr8,965
|
|
New Volkswagen Golf 1.4 (standard edition) |
$27,893.04
€25,688.09
|
$37,150.35
kr5,080,241
|
|
Taxi trip in downtown area (5 miles) |
$31.06
€28.60
|
$29.44
kr4,026
|
|
pay 16.6% less for housing
Luxembourg
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$55.71
€51.30
|
$64.04
kr8,757
|
|
1-Bedroom apartment in downtown area |
$1,774.61
€1,634.33
|
$1,613.16
kr220,597
|
|
1-Bedroom apartment outside city center |
$1,468.68
€1,352.58
|
$1,379.70
kr188,671
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$204.06
€187.93
|
$69.31
kr9,479
|
|
pay 67.2% less for childcare
Luxembourg
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$854.36
€786.83
|
$282.44
kr38,623
|
|
Middle school for 1 child, two semesters |
$18,641.72
€17,168.09
|
$6,058.18
kr828,444
|
|
pay 45.9% more for entertainment and sports
Luxembourg
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$5.50
€5.06
|
$9.47
kr1,295
|
|
Cappuccino in mid-range area |
$3.94
€3.63
|
$4.53
kr619
|
|
Pack of cigarettes
Marlboro or similar
|
$5.94
€5.47
|
$11.66
kr1,594
|
|
Monthly membership at local gym |
$47.17
€43.44
|
$67.30
kr9,204
|
|
Movie ticket to theater/cinema |
$13.19
€12.15
|
$13.66
kr1,868
|
|
pay 31.8% more for clothing
Luxembourg
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$75.61
€69.63
|
$108.17
kr14,791
|
|
Regular dress
from H&M or similar store
|
$39.58
€36.45
|
$43.41
kr5,937
|
|
Running shoes
Nike or Adidas
|
$107.51
€99.01
|
$137.74
kr18,836
|
|
Men's business shoes (leather) |
$124.74
€114.88
|
$182.49
kr24,956
|
|
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