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
kr2,511
|
$12.84
€12.04
|
|
Fast food combo meal
McDonalds, or similar
|
$15.62
kr2,132
|
$9.44
€8.85
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.53
kr346
|
$2.65
€2.48
|
|
Bottle of water (11 fl. oz) |
$2.03
kr276
|
$2.37
€2.23
|
|
pay 33.4% less for groceries
Reykjavik
|
Germany
|
||
---|---|---|---|
Bread
1 loaf
|
$3.40
kr465
|
$2.00
€1.87
|
|
Local cheese (8 oz) |
$7.20
kr982
|
$6.74
€6.32
|
|
Milk (1 gallon) |
$5.90
kr804
|
$4.22
€3.96
|
|
Eggs
1 dozen
|
$5.64
kr770
|
$2.93
€2.75
|
|
Boneless chicken breast (1 lb) |
$8.08
kr1,103
|
$3.90
€3.66
|
|
Apples (1 lb) |
$1.57
kr214
|
$1.21
€1.14
|
|
Bananas (1 lb) |
$0.93
kr127
|
$0.80
€0.75
|
|
Oranges (1 lb) |
$1.23
kr168
|
$1.02
€0.96
|
|
Tomatoes (1 lb) |
$2.22
kr302
|
$0.61
€0.57
|
|
Potatoes (1 lb) |
$1.24
kr170
|
$0.73
€0.68
|
|
Onions (1 lb) |
$0.69
kr94
|
$0.52
€0.49
|
|
pay 11.8% less for transportation
Reykjavik
|
Germany
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.90
kr1,214
|
$8.31
€7.79
|
|
Monthly public transit pass |
$65.56
kr8,946
|
$73.47
€68.90
|
|
New Volkswagen Golf 1.4 (standard edition) |
$37,150.35
kr5,069,537
|
$27,050.12
€25,366.25
|
|
Taxi trip in downtown area (5 miles) |
$29.44
kr4,018
|
$21.90
€20.54
|
|
pay 10.0% more for housing
Reykjavik
|
Germany
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$64.04
kr8,739
|
$37.93
€35.57
|
|
1-Bedroom apartment in downtown area |
$1,613.16
kr220,132
|
$759.74
€712.45
|
|
1-Bedroom apartment outside city center |
$1,379.70
kr188,274
|
$577.93
€541.95
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.31
kr9,459
|
$202.18
€189.59
|
|
pay 55.8% more for childcare
Reykjavik
|
Germany
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$282.44
kr38,541
|
$325.78
€305.50
|
|
Middle school for 1 child, two semesters |
$6,058.18
kr826,699
|
$11,890.74
€11,150.54
|
|
pay 35.2% less for entertainment and sports
Reykjavik
|
Germany
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.47
kr1,292
|
$4.05
€3.80
|
|
Cappuccino in mid-range area |
$4.53
kr618
|
$3.27
€3.07
|
|
Pack of cigarettes
Marlboro or similar
|
$11.66
kr1,590
|
$8.03
€7.53
|
|
Monthly membership at local gym |
$67.30
kr9,184
|
$34.77
€32.61
|
|
Movie ticket to theater/cinema |
$13.66
kr1,864
|
$12.08
€11.33
|
|
pay 26.9% less for clothing
Reykjavik
|
Germany
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$108.17
kr14,760
|
$80.79
€75.76
|
|
Regular dress
from H&M or similar store
|
$43.41
kr5,924
|
$39.60
€37.14
|
|
Running shoes
Nike or Adidas
|
$137.74
kr18,796
|
$88.39
€82.89
|
|
Men's business shoes (leather) |
$182.49
kr24,903
|
$113.48
€106.42
|
|
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