Cost of living comparison

compared to

Daegu vs. Reykjavik Cost of Living Summary

Daegu vs. Reykjavik Cost Breakdown

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

pay 69.5% less for restaurants

 
Reykjavik
Daegu
Basic meal with drink at inexpensive restaurant $27.48
ISK3,473
$6.72
₩9,912
Fast food combo meal
McDonalds, or similar
$22.76
ISK2,877
$5.48
₩8,086
Bottle of Coca-Cola (11 fl. oz) $3.34
ISK422
$1.48
₩2,177

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pay 9.5% more for groceries

 
Reykjavik
Daegu
Bread
1 loaf
$4.63
ISK586
$4.50
₩6,641
Local cheese (8 oz) $9.44
ISK1,193
$5.54
₩8,164
Milk (1 gallon) $7.63
ISK964
$8.81
₩12,997

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pay 49.0% less for transportation

 
Reykjavik
Daegu
Gasoline (1 gallon) $9.66
ISK1,221
$4.32
₩6,376
Monthly public transit pass $88.58
ISK11,197
$70.76
₩104,332
New Volkswagen Golf 1.4 (standard edition) $50,771.00
ISK6,417,454
$26,696.92
₩39,365,407

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pay 25.1% less for housing

 
Reykjavik
Daegu
Internet connection
50 mbps or faster, cable/dsl
$81.97
ISK10,361
$19.81
₩29,213
1-Bedroom apartment in downtown area $2,259.48
ISK285,599
$379.34
₩559,346
1-Bedroom apartment outside city center $2,034.90
ISK257,212
$249.67
₩368,142

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pay 15.9% less for childcare

 
Reykjavik
Daegu
Private preschool for 1 child, monthly $327.78
ISK41,431
$254.87
₩375,807
Middle school for 1 child, two semesters $30,711.08
ISK3,881,881
$27,763.25
₩40,937,749

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pay 55.7% less for entertainment and sports

 
Reykjavik
Daegu
Domestic/local beer (1 pint) $13.12
ISK1,659
$3.54
₩5,217
Cappuccino in mid-range area $6.17
ISK780
$3.46
₩5,101
Pack of cigarettes
Marlboro or similar
$13.94
ISK1,761
$3.18
₩4,695

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pay 44.5% less for clothing

 
Reykjavik
Daegu
Regular jeans
Levi's brand
$145.10
ISK18,340
$53.11
₩78,307
Regular dress
from H&M or similar store
$63.97
ISK8,086
$47.76
₩70,424
Running shoes
Nike or Adidas
$193.43
ISK24,449
$91.70
₩135,214

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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: December 2025
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