Reykjavik is 2.3 times more expensive than Quito.

If you lived in Reykjavik instead of Quito, you would:

Display currency: USD

pay 3.1 times more for restaurants

 
Quito
Reykjavik
Basic meal with drink at inexpensive restaurant $4.25
 
$21.59
ISK3,001
Fast food combo meal
McDonalds, or similar
$8.00
 
$17.27
ISK2,401
Bottle of Coca-Cola (11 fl. oz) $1.11
 
$2.90
ISK404

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pay 2.2 times more for groceries

 
Quito
Reykjavik
Bread
1 loaf
$1.58
 
$3.68
ISK512
Local cheese (8 oz) $4.00
 
$7.66
ISK1,065
Milk (1 gallon) $4.02
 
$6.16
ISK857

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pay 2.6 times more for transportation

 
Quito
Reykjavik
Gasoline (1 gallon) $2.81
 
$8.57
ISK1,192
Monthly public transit pass $20.00
 
$66.92
ISK9,304
New Volkswagen Golf 1.4 (standard edition) $20,000.00
 
$41,660.67
ISK5,792,516

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pay 3.3 times more for housing

 
Quito
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$34.65
 
$68.45
ISK9,517
1-Bedroom apartment in downtown area $446.45
 
$1,864.13
ISK259,190
1-Bedroom apartment outside city center $320.83
 
$1,666.20
ISK231,669

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pay 14.6% less for childcare

 
Quito
Reykjavik
Private preschool for 1 child, monthly $275.00
 
$240.37
ISK33,421
Middle school for 1 child, two semesters $7,180.00
 
$5,984.07
ISK832,028

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pay 2.2 times more for entertainment and sports

 
Quito
Reykjavik
Domestic/local beer (1 pint) $3.00
 
$10.79
ISK1,501
Cappuccino in mid-range area $2.79
 
$5.09
ISK707
Pack of cigarettes
Marlboro or similar
$6.50
 
$11.87
ISK1,651

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pay 66.5% more for clothing

 
Quito
Reykjavik
Regular jeans
Levi's brand
$46.67
 
$103.94
ISK14,452
Regular dress
from H&M or similar store
$44.92
 
$43.50
ISK6,048
Running shoes
Nike or Adidas
$98.08
 
$141.47
ISK19,670

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: June 2024
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