Cost of living comparison
Reykjavik is 2.8 times more expensive than Managua.
If you lived in Reykjavik instead of Managua, you would:
pay 3.3 times more for restaurants
Managua
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$4.95
C$183.12
|
$18.40
kr2,599
|
|
Fast food combo meal
McDonalds, or similar
|
$5.52
C$204.12
|
$15.62
kr2,207
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.65
C$23.86
|
$2.53
kr358
|
|
Bottle of water (11 fl. oz) |
$0.76
C$28.06
|
$2.03
kr286
|
|
pay 2.2 times more for groceries
Managua
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$1.38
C$51.07
|
$3.40
kr481
|
|
Local cheese (8 oz) |
$1.90
C$70.26
|
$7.20
kr1,016
|
|
Milk (1 gallon) |
$3.95
C$145.92
|
$5.90
kr833
|
|
Eggs
1 dozen
|
$1.98
C$73.14
|
$5.64
kr797
|
|
Boneless chicken breast (1 lb) |
$2.29
C$84.80
|
$8.08
kr1,142
|
|
Apples (1 lb) |
$2.18
C$80.71
|
$1.57
kr221
|
|
Bananas (1 lb) |
$0.48
C$17.86
|
$0.93
kr132
|
|
Oranges (1 lb) |
$0.78
C$28.66
|
$1.23
kr174
|
|
Tomatoes (1 lb) |
$0.69
C$25.66
|
$2.22
kr313
|
|
Potatoes (1 lb) |
$0.67
C$24.92
|
$1.24
kr176
|
|
Onions (1 lb) |
$0.55
C$20.34
|
$0.69
kr97
|
|
pay 3.3 times more for transportation
Managua
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.73
C$174.75
|
$8.90
kr1,257
|
|
Monthly public transit pass |
$10.00
C$369.60
|
$65.56
kr9,260
|
|
New Volkswagen Golf 1.4 (standard edition) |
$19,000.00
C$702,240.00
|
$37,150.35
kr5,247,487
|
|
Taxi trip in downtown area (5 miles) |
$10.46
C$386.70
|
$29.44
kr4,159
|
|
pay 4.2 times more for housing
Managua
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$58.25
C$2,152.74
|
$64.04
kr9,046
|
|
1-Bedroom apartment in downtown area |
$235.71
C$8,712.00
|
$1,613.16
kr227,859
|
|
1-Bedroom apartment outside city center |
$186.67
C$6,899.20
|
$1,379.70
kr194,883
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$52.74
C$1,949.23
|
$69.31
kr9,791
|
|
pay 91.8% more for childcare
Managua
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$126.63
C$4,680.40
|
$282.44
kr39,894
|
|
Middle school for 1 child, two semesters |
$3,774.75
C$139,514.71
|
$6,058.18
kr855,718
|
|
pay 3.0 times more for entertainment and sports
Managua
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.95
C$72.07
|
$9.47
kr1,338
|
|
Cappuccino in mid-range area |
$2.17
C$80.10
|
$4.53
kr640
|
|
Pack of cigarettes
Marlboro or similar
|
$3.00
C$110.88
|
$11.66
kr1,646
|
|
Monthly membership at local gym |
$30.40
C$1,123.62
|
$67.30
kr9,507
|
|
Movie ticket to theater/cinema |
$6.57
C$242.93
|
$13.66
kr1,929
|
|
pay 84.0% more for clothing
Managua
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$46.93
C$1,734.54
|
$108.17
kr15,278
|
|
Regular dress
from H&M or similar store
|
$42.70
C$1,578.02
|
$43.41
kr6,132
|
|
Running shoes
Nike or Adidas
|
$77.56
C$2,866.66
|
$137.74
kr19,456
|
|
Men's business shoes (leather) |
$80.63
C$2,979.97
|
$182.49
kr25,777
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Reykjavik or Managua. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.