Cost of living comparison
Reykjavik is 59.5% more expensive than Majuro.
If you lived in Reykjavik instead of Majuro, you would:
pay 28.2% more for restaurants
Majuro
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$15.20
|
$18.40
ISK2,570
|
|
Fast food combo meal
McDonalds, or similar
|
$12.00
|
$15.62
ISK2,182
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.00
|
$2.53
ISK354
|
|
Bottle of water (11 fl. oz) |
$1.50
|
$2.03
ISK283
|
|
pay 29.9% more for groceries
Majuro
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$2.80
|
$3.40
ISK475
|
|
Local cheese (8 oz) |
$8.56
|
$7.20
ISK1,005
|
|
Milk (1 gallon) |
$8.88
|
$5.90
ISK823
|
|
Eggs
1 dozen
|
$2.64
|
$5.64
ISK788
|
|
Boneless chicken breast (1 lb) |
$3.29
|
$8.08
ISK1,129
|
|
Apples (1 lb) |
$3.13
|
$1.57
ISK219
|
|
Bananas (1 lb) |
$0.91
|
$0.93
ISK130
|
|
Oranges (1 lb) |
$1.10
|
$1.23
ISK172
|
|
Tomatoes (1 lb) |
$0.91
|
$2.22
ISK309
|
|
Potatoes (1 lb) |
$1.10
|
$1.24
ISK174
|
|
Onions (1 lb) |
$0.91
|
$0.69
ISK96
|
|
pay 85.2% more for transportation
Majuro
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$5.88
|
$8.90
ISK1,242
|
|
Monthly public transit pass |
$100.00
|
$65.56
ISK9,155
|
|
New Volkswagen Golf 1.4 (standard edition) |
$12,000.00
|
$37,150.35
ISK5,187,675
|
|
Taxi trip in downtown area (5 miles) |
$13.75
|
$29.44
ISK4,111
|
|
pay 3.3% more for housing
Majuro
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$71.67
|
$64.04
ISK8,943
|
|
1-Bedroom apartment in downtown area |
$1,116.67
|
$1,613.16
ISK225,262
|
|
1-Bedroom apartment outside city center |
$850.00
|
$1,379.70
ISK192,661
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$407.84
|
$69.31
ISK9,679
|
|
pay 86.4% more for childcare
Majuro
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly | ?? |
$282.44
ISK39,439
|
|
Middle school for 1 child, two semesters |
$3,250.00
|
$6,058.18
ISK845,964
|
|
pay 60.3% more for entertainment and sports
Majuro
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.00
|
$9.47
ISK1,322
|
|
Cappuccino in mid-range area |
$2.58
|
$4.53
ISK632
|
|
Pack of cigarettes
Marlboro or similar
|
$10.00
|
$11.66
ISK1,628
|
|
Monthly membership at local gym |
$26.67
|
$67.30
ISK9,398
|
|
Movie ticket to theater/cinema |
$9.00
|
$13.66
ISK1,907
|
|
pay 2.2 times more for clothing
Majuro
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$47.00
|
$108.17
ISK15,104
|
|
Regular dress
from H&M or similar store
|
$45.00
|
$43.41
ISK6,062
|
|
Running shoes
Nike or Adidas
|
$49.50
|
$137.74
ISK19,234
|
|
Men's business shoes (leather) |
$63.50
|
$182.49
ISK25,483
|
|
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