Cost of living comparison
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
|
|
Bottle of water (11 fl. oz) |
$2.03
kr277
|
$0.64
$133
|
|
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
|
|
Eggs
1 dozen
|
$5.64
kr771
|
$2.90
$605
|
|
Boneless chicken breast (1 lb) |
$8.08
kr1,105
|
$2.49
$520
|
|
Apples (1 lb) |
$1.57
kr214
|
$2.30
$478
|
|
Bananas (1 lb) |
$0.93
kr127
|
$1.03
$215
|
|
Oranges (1 lb) |
$1.23
kr168
|
$1.48
$309
|
|
Tomatoes (1 lb) |
$2.22
kr303
|
$0.86
$178
|
|
Potatoes (1 lb) |
$1.24
kr170
|
$0.63
$131
|
|
Onions (1 lb) |
$0.69
kr94
|
$0.58
$121
|
|
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
|
|
Taxi trip in downtown area (5 miles) |
$29.44
kr4,026
|
$21.27
$4,431
|
|
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
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.31
kr9,479
|
$60.66
$12,634
|
|
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
|
|
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
|
|
Monthly membership at local gym |
$67.30
kr9,204
|
$28.36
$5,908
|
|
Movie ticket to theater/cinema |
$13.66
kr1,868
|
$6.15
$1,280
|
|
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
|
|
Men's business shoes (leather) |
$182.49
kr24,956
|
$62.24
$12,964
|
|
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