Cost of living comparison
Reykjavik is 42.3% more expensive than Montevideo.
If you lived in Reykjavik instead of Montevideo, you would:
pay 37.5% more for restaurants
|
Montevideo
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$14.21
$548.17
|
$18.40
kr2,586
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.33
$398.67
|
$15.62
kr2,196
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.89
$73.08
|
$2.53
kr356
|
|
| Bottle of water (11 fl. oz) |
$1.50
$57.70
|
$2.03
kr285
|
|
pay 51.4% more for groceries
|
Montevideo
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.54
$98.19
|
$3.40
kr478
|
|
| Local cheese (8 oz) |
$5.81
$224.37
|
$7.20
kr1,011
|
|
| Milk (1 gallon) |
$4.25
$164.03
|
$5.90
kr828
|
|
|
Eggs
1 dozen
|
$3.63
$140.00
|
$5.64
kr793
|
|
| Boneless chicken breast (1 lb) |
$4.39
$169.51
|
$8.08
kr1,136
|
|
| Apples (1 lb) |
$0.86
$33.02
|
$1.57
kr220
|
|
| Bananas (1 lb) |
$1.11
$42.74
|
$0.93
kr131
|
|
| Oranges (1 lb) |
$0.56
$21.60
|
$1.23
kr173
|
|
| Tomatoes (1 lb) |
$1.25
$48.10
|
$2.22
kr311
|
|
| Potatoes (1 lb) |
$0.72
$27.77
|
$1.24
kr175
|
|
| Onions (1 lb) |
$0.74
$28.74
|
$0.69
kr97
|
|
pay 25.6% more for transportation
|
Montevideo
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.51
$289.74
|
$8.90
kr1,250
|
|
| Monthly public transit pass |
$46.50
$1,794.02
|
$65.56
kr9,212
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$41,329.05
$1,594,687.52
|
$37,150.35
kr5,220,368
|
|
| Taxi trip in downtown area (5 miles) |
$19.24
$742.53
|
$29.44
kr4,137
|
|
pay 91.7% more for housing
|
Montevideo
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$40.79
$1,574.03
|
$64.04
kr8,999
|
|
| 1-Bedroom apartment in downtown area |
$599.74
$23,141.09
|
$1,613.16
kr226,681
|
|
| 1-Bedroom apartment outside city center |
$495.10
$19,103.68
|
$1,379.70
kr193,876
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$111.42
$4,299.08
|
$69.31
kr9,740
|
|
pay 17.8% less for childcare
|
Montevideo
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$353.02
$13,621.29
|
$282.44
kr39,688
|
|
| Middle school for 1 child, two semesters |
$7,177.69
$276,952.37
|
$6,058.18
kr851,295
|
|
pay 88.1% more for entertainment and sports
|
Montevideo
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.10
$119.60
|
$9.47
kr1,331
|
|
| Cappuccino in mid-range area |
$3.91
$150.72
|
$4.53
kr636
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.78
$184.39
|
$11.66
kr1,638
|
|
| Monthly membership at local gym |
$50.84
$1,961.65
|
$67.30
kr9,458
|
|
| Movie ticket to theater/cinema |
$9.56
$368.77
|
$13.66
kr1,919
|
|
pay 19.3% more for clothing
|
Montevideo
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$101.50
$3,916.33
|
$108.17
kr15,199
|
|
|
Regular dress
from H&M or similar store
|
$46.37
$1,789.04
|
$43.41
kr6,101
|
|
|
Running shoes
Nike or Adidas
|
$119.79
$4,622.20
|
$137.74
kr19,355
|
|
| Men's business shoes (leather) |
$112.62
$4,345.52
|
$182.49
kr25,644
|
|
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