Georgetown is 49.2% cheaper than Reykjavik.

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

pay 59.4% less for restaurants

 
Reykjavik
Georgetown
Basic meal with drink at inexpensive restaurant $18.40
kr2,516
$7.09
$1,477
Fast food combo meal
McDonalds, or similar
$15.62
kr2,137
$7.09
$1,477
Bottle of Coca-Cola (11 fl. oz) $2.53
kr347
$1.19
$249

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pay 12.5% less for groceries

 
Reykjavik
Georgetown
Bread
1 loaf
$3.40
kr466
$1.49
$311
Local cheese (8 oz) $7.20
kr984
$4.89
$1,018
Milk (1 gallon) $5.90
kr806
$12.79
$2,665

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pay 48.2% less for transportation

 
Reykjavik
Georgetown
Gasoline (1 gallon) $8.90
kr1,217
$3.78
$787
Monthly public transit pass $65.56
kr8,965
$33.09
$6,892
New Volkswagen Golf 1.4 (standard edition) $37,150.35
kr5,080,241
$15,600.24
$3,249,278

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pay 45.2% less for housing

 
Reykjavik
Georgetown
Internet connection
50 mbps or faster, cable/dsl
$64.04
kr8,757
$59.56
$12,406
1-Bedroom apartment in downtown area $1,613.16
kr220,597
$360.46
$75,078
1-Bedroom apartment outside city center $1,379.70
kr188,671
$228.98
$47,693

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pay 75.3% less for childcare

 
Reykjavik
Georgetown
Private preschool for 1 child, monthly $282.44
kr38,623
$94.55
$19,693
Middle school for 1 child, two semesters $6,058.18
kr828,444
$954.92
$198,895

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pay 58.4% less for entertainment and sports

 
Reykjavik
Georgetown
Domestic/local beer (1 pint) $9.47
kr1,295
$2.36
$492
Cappuccino in mid-range area $4.53
kr619
$3.43
$714
Pack of cigarettes
Marlboro or similar
$11.66
kr1,594
$2.36
$492

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pay 45.7% less for clothing

 
Reykjavik
Georgetown
Regular jeans
Levi's brand
$108.17
kr14,791
$26.39
$5,498
Regular dress
from H&M or similar store
$43.41
kr5,937
$46.49
$9,682
Running shoes
Nike or Adidas
$137.74
kr18,836
$70.91
$14,769

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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: March 2024
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