Cost of living comparison
Reykjavik is 6.4% more expensive than Paris.
- Restaurants
-
pay 3.9% more in Reykjavik
- Groceries
-
pay 12.2% more in Reykjavik
- Transportation
-
pay 4.7% more in Reykjavik
- Housing
-
pay 37.8% more in Reykjavik
- Childcare
-
pay 64.5% less in Reykjavik
- Entertainment and Sports
-
pay 31.2% more in Reykjavik
- Clothing
-
pay 19.6% more in Reykjavik
The cost of housing, entertainment and sports, clothing, groceries, transportation, and restaurants in Reykjavik are more expensive than in Paris.
If you lived in Reykjavik instead of Paris, you would:
pay 3.9% more for restaurants
|
Paris
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$16.08
€14.78
|
$20.00
ISK2,664
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.86
€11.83
|
$18.02
ISK2,400
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$4.09
€3.76
|
$3.15
ISK420
|
|
| Bottle of water (11 fl. oz) |
$2.96
€2.72
|
$2.19
ISK291
|
|
pay 12.2% more for groceries
|
Paris
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.01
€1.84
|
$3.61
ISK481
|
|
| Local cheese (8 oz) |
$11.23
€10.33
|
$7.76
ISK1,033
|
|
| Milk (1 gallon) |
$5.41
€4.97
|
$6.40
ISK853
|
|
|
Eggs
1 dozen
|
$4.85
€4.46
|
$5.76
ISK767
|
|
| Boneless chicken breast (1 lb) |
$6.32
€5.81
|
$9.45
ISK1,258
|
|
| Apples (1 lb) |
$1.58
€1.46
|
$1.40
ISK187
|
|
| Bananas (1 lb) |
$1.05
€0.97
|
$1.01
ISK134
|
|
| Oranges (1 lb) |
$1.50
€1.38
|
$1.22
ISK162
|
|
| Tomatoes (1 lb) |
$1.78
€1.63
|
$2.22
ISK296
|
|
| Potatoes (1 lb) |
$1.10
€1.01
|
$1.43
ISK191
|
|
| Onions (1 lb) |
$1.21
€1.11
|
$0.93
ISK124
|
|
pay 4.7% more for transportation
|
Paris
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.65
€7.04
|
$8.50
ISK1,132
|
|
| Monthly public transit pass |
$92.60
€85.15
|
$74.95
ISK9,984
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$32,688.77
€30,060.04
|
$42,450.45
ISK5,654,400
|
|
| Taxi trip in downtown area (5 miles) |
$24.84
€22.84
|
$24.05
ISK3,204
|
|
pay 37.8% more for housing
|
Paris
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$33.65
€30.95
|
$69.87
ISK9,306
|
|
| 1-Bedroom apartment in downtown area |
$1,367.25
€1,257.30
|
$1,971.17
ISK262,560
|
|
| 1-Bedroom apartment outside city center |
$1,057.37
€972.34
|
$1,803.44
ISK240,218
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$188.37
€173.22
|
$53.95
ISK7,187
|
|
pay 64.5% less for childcare
|
Paris
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$756.26
€695.45
|
$252.14
ISK33,585
|
|
| Middle school for 1 child, two semesters |
$15,942.48
€14,660.43
|
$5,993.99
ISK798,400
|
|
pay 31.2% more for entertainment and sports
|
Paris
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$7.50
€6.90
|
$10.81
ISK1,440
|
|
| Cappuccino in mid-range area |
$4.31
€3.97
|
$5.31
ISK707
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.40
€12.32
|
$12.25
ISK1,631
|
|
| Monthly membership at local gym |
$36.48
€33.55
|
$69.95
ISK9,317
|
|
| Movie ticket to theater/cinema |
$13.93
€12.81
|
$14.77
ISK1,968
|
|
pay 19.6% more for clothing
|
Paris
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$103.81
€95.46
|
$108.97
ISK14,515
|
|
|
Regular dress
from H&M or similar store
|
$46.57
€42.82
|
$49.72
ISK6,623
|
|
|
Running shoes
Nike or Adidas
|
$111.54
€102.57
|
$151.85
ISK20,227
|
|
| Men's business shoes (leather) |
$148.98
€136.99
|
$194.16
ISK25,862
|
|
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