Cost of living comparison
Bogota is 59.2% cheaper than Reykjavik.
If you lived in Bogota instead of Reykjavik, you would:
pay 74.4% less for restaurants
Reykjavik
|
Bogota
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$18.40
kr2,587
|
$3.30
$13,075
|
|
Fast food combo meal
McDonalds, or similar
|
$15.62
kr2,196
|
$5.50
$21,792
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.53
kr356
|
$0.64
$2,519
|
|
Bottle of water (11 fl. oz) |
$2.03
kr285
|
$0.49
$1,937
|
|
pay 60.9% less for groceries
Reykjavik
|
Bogota
|
||
---|---|---|---|
Bread
1 loaf
|
$3.40
kr479
|
$1.12
$4,449
|
|
Local cheese (8 oz) |
$7.20
kr1,011
|
$2.42
$9,615
|
|
Milk (1 gallon) |
$5.90
kr829
|
$3.66
$14,501
|
|
Eggs
1 dozen
|
$5.64
kr793
|
$1.75
$6,947
|
|
Boneless chicken breast (1 lb) |
$8.08
kr1,136
|
$1.79
$7,106
|
|
Apples (1 lb) |
$1.57
kr220
|
$0.97
$3,855
|
|
Bananas (1 lb) |
$0.93
kr131
|
$0.38
$1,487
|
|
Oranges (1 lb) |
$1.23
kr173
|
$0.48
$1,911
|
|
Tomatoes (1 lb) |
$2.22
kr311
|
$0.50
$2,000
|
|
Potatoes (1 lb) |
$1.24
kr175
|
$0.40
$1,583
|
|
Onions (1 lb) |
$0.69
kr97
|
$0.36
$1,420
|
|
pay 62.8% less for transportation
Reykjavik
|
Bogota
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.90
kr1,250
|
$2.09
$8,293
|
|
Monthly public transit pass |
$65.56
kr9,215
|
$31.00
$122,906
|
|
New Volkswagen Golf 1.4 (standard edition) |
$37,150.35
kr5,221,853
|
$13,189.68
$52,300,224
|
|
Taxi trip in downtown area (5 miles) |
$29.44
kr4,139
|
$12.53
$49,685
|
|
pay 63.2% less for housing
Reykjavik
|
Bogota
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$64.04
kr9,002
|
$19.84
$78,652
|
|
1-Bedroom apartment in downtown area |
$1,613.16
kr226,746
|
$340.12
$1,348,648
|
|
1-Bedroom apartment outside city center |
$1,379.70
kr193,931
|
$253.13
$1,003,703
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.31
kr9,743
|
$53.15
$210,734
|
|
pay 24.1% less for childcare
Reykjavik
|
Bogota
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$282.44
kr39,699
|
$189.88
$752,916
|
|
Middle school for 1 child, two semesters |
$6,058.18
kr851,537
|
$5,125.13
$20,322,373
|
|
pay 78.2% less for entertainment and sports
Reykjavik
|
Bogota
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.47
kr1,331
|
$0.99
$3,923
|
|
Cappuccino in mid-range area |
$4.53
kr636
|
$1.20
$4,771
|
|
Pack of cigarettes
Marlboro or similar
|
$11.66
kr1,638
|
$1.87
$7,409
|
|
Monthly membership at local gym |
$67.30
kr9,460
|
$18.64
$73,897
|
|
Movie ticket to theater/cinema |
$13.66
kr1,920
|
$3.89
$15,429
|
|
pay 50.9% less for clothing
Reykjavik
|
Bogota
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$108.17
kr15,204
|
$46.54
$184,547
|
|
Regular dress
from H&M or similar store
|
$43.41
kr6,102
|
$29.24
$115,949
|
|
Running shoes
Nike or Adidas
|
$137.74
kr19,361
|
$72.21
$286,331
|
|
Men's business shoes (leather) |
$182.49
kr25,651
|
$61.46
$243,694
|
|
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