Cost of living comparison
Reykjavik is 2.7 times more expensive than Peru.
If you lived in Reykjavik instead of Peru, you would:
pay 4.1 times more for restaurants
Peru
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$3.27
PEN12.33
|
$21.59
ISK2,966
|
|
Fast food combo meal
McDonalds, or similar
|
$5.37
PEN20.24
|
$17.27
ISK2,373
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.03
PEN3.89
|
$2.90
ISK399
|
|
Bottle of water (11 fl. oz) |
$0.55
PEN2.07
|
$2.07
ISK285
|
|
pay 2.7 times more for groceries
Peru
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$1.88
PEN7.08
|
$3.68
ISK506
|
|
Local cheese (8 oz) |
$3.14
PEN11.84
|
$7.66
ISK1,052
|
|
Milk (1 gallon) |
$4.68
PEN17.63
|
$6.16
ISK847
|
|
Eggs
1 dozen
|
$2.49
PEN9.37
|
$5.91
ISK812
|
|
Boneless chicken breast (1 lb) |
$2.54
PEN9.57
|
$8.87
ISK1,219
|
|
Apples (1 lb) |
$0.65
PEN2.43
|
$1.53
ISK210
|
|
Bananas (1 lb) |
$0.39
PEN1.46
|
$0.97
ISK133
|
|
Oranges (1 lb) |
$0.45
PEN1.70
|
$1.26
ISK173
|
|
Tomatoes (1 lb) |
$0.48
PEN1.80
|
$2.23
ISK306
|
|
Potatoes (1 lb) |
$0.43
PEN1.62
|
$1.42
ISK194
|
|
Onions (1 lb) |
$0.44
PEN1.66
|
$1.01
ISK139
|
|
pay 2.2 times more for transportation
Peru
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$5.37
PEN20.23
|
$8.57
ISK1,178
|
|
Monthly public transit pass |
$17.78
PEN67.02
|
$66.92
ISK9,194
|
|
New Volkswagen Golf 1.4 (standard edition) |
$20,101.60
PEN75,752.88
|
$41,660.67
ISK5,723,760
|
|
Taxi trip in downtown area (5 miles) |
$15.41
PEN58.08
|
$23.30
ISK3,201
|
|
pay 4.0 times more for housing
Peru
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$29.39
PEN110.75
|
$68.45
ISK9,404
|
|
1-Bedroom apartment in downtown area |
$337.81
PEN1,273.02
|
$1,864.13
ISK256,113
|
|
1-Bedroom apartment outside city center |
$246.39
PEN928.52
|
$1,666.20
ISK228,919
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$43.26
PEN163.03
|
$64.43
ISK8,853
|
|
pay 15.6% more for childcare
Peru
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$193.88
PEN730.64
|
$240.37
ISK33,024
|
|
Middle school for 1 child, two semesters |
$5,589.22
PEN21,062.98
|
$5,984.07
ISK822,152
|
|
pay 2.9 times more for entertainment and sports
Peru
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.06
PEN7.76
|
$10.79
ISK1,483
|
|
Cappuccino in mid-range area |
$2.73
PEN10.29
|
$5.09
ISK699
|
|
Pack of cigarettes
Marlboro or similar
|
$5.11
PEN19.26
|
$11.87
ISK1,631
|
|
Monthly membership at local gym |
$32.12
PEN121.04
|
$65.50
ISK8,999
|
|
Movie ticket to theater/cinema |
$4.85
PEN18.28
|
$14.39
ISK1,977
|
|
pay 2.2 times more for clothing
Peru
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$45.11
PEN169.99
|
$103.94
ISK14,280
|
|
Regular dress
from H&M or similar store
|
$23.43
PEN88.28
|
$43.50
ISK5,976
|
|
Running shoes
Nike or Adidas
|
$70.13
PEN264.28
|
$141.47
ISK19,437
|
|
Men's business shoes (leather) |
$71.17
PEN268.20
|
$174.65
ISK23,995
|
|
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