Cost of living comparison
Germany is 7.6% cheaper than Reykjavik.
If you lived in Germany instead of Reykjavik, you would:
pay 12.0% less for restaurants
Reykjavik
|
Germany
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$18.40
kr2,586
|
$12.84
€12.05
|
|
Fast food combo meal
McDonalds, or similar
|
$15.62
kr2,196
|
$9.44
€8.86
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.53
kr356
|
$2.65
€2.48
|
|
Bottle of water (11 fl. oz) |
$2.03
kr285
|
$2.37
€2.23
|
|
pay 33.4% less for groceries
Reykjavik
|
Germany
|
||
---|---|---|---|
Bread
1 loaf
|
$3.40
kr478
|
$2.00
€1.87
|
|
Local cheese (8 oz) |
$7.20
kr1,011
|
$6.74
€6.33
|
|
Milk (1 gallon) |
$5.90
kr828
|
$4.22
€3.96
|
|
Eggs
1 dozen
|
$5.64
kr793
|
$2.93
€2.75
|
|
Boneless chicken breast (1 lb) |
$8.08
kr1,136
|
$3.90
€3.66
|
|
Apples (1 lb) |
$1.57
kr220
|
$1.21
€1.14
|
|
Bananas (1 lb) |
$0.93
kr131
|
$0.80
€0.75
|
|
Oranges (1 lb) |
$1.23
kr173
|
$1.02
€0.96
|
|
Tomatoes (1 lb) |
$2.22
kr311
|
$0.61
€0.57
|
|
Potatoes (1 lb) |
$1.24
kr175
|
$0.73
€0.68
|
|
Onions (1 lb) |
$0.69
kr97
|
$0.52
€0.49
|
|
pay 11.8% less for transportation
Reykjavik
|
Germany
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.90
kr1,250
|
$8.31
€7.80
|
|
Monthly public transit pass |
$65.56
kr9,212
|
$73.47
€68.94
|
|
New Volkswagen Golf 1.4 (standard edition) |
$37,150.35
kr5,220,368
|
$27,050.12
€25,379.77
|
|
Taxi trip in downtown area (5 miles) |
$29.44
kr4,137
|
$21.90
€20.55
|
|
pay 10.0% more for housing
Reykjavik
|
Germany
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$64.04
kr8,999
|
$37.93
€35.59
|
|
1-Bedroom apartment in downtown area |
$1,613.16
kr226,681
|
$759.74
€712.83
|
|
1-Bedroom apartment outside city center |
$1,379.70
kr193,876
|
$577.93
€542.24
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.31
kr9,740
|
$202.18
€189.69
|
|
pay 55.8% more for childcare
Reykjavik
|
Germany
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$282.44
kr39,688
|
$325.78
€305.66
|
|
Middle school for 1 child, two semesters |
$6,058.18
kr851,295
|
$11,890.74
€11,156.49
|
|
pay 35.2% less for entertainment and sports
Reykjavik
|
Germany
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.47
kr1,331
|
$4.05
€3.80
|
|
Cappuccino in mid-range area |
$4.53
kr636
|
$3.27
€3.07
|
|
Pack of cigarettes
Marlboro or similar
|
$11.66
kr1,638
|
$8.03
€7.53
|
|
Monthly membership at local gym |
$67.30
kr9,458
|
$34.77
€32.62
|
|
Movie ticket to theater/cinema |
$13.66
kr1,919
|
$12.08
€11.33
|
|
pay 26.9% less for clothing
Reykjavik
|
Germany
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$108.17
kr15,199
|
$80.79
€75.80
|
|
Regular dress
from H&M or similar store
|
$43.41
kr6,101
|
$39.60
€37.16
|
|
Running shoes
Nike or Adidas
|
$137.74
kr19,355
|
$88.39
€82.93
|
|
Men's business shoes (leather) |
$182.49
kr25,644
|
$113.48
€106.47
|
|
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