Cost of living comparison
Helsinki is 13.7% cheaper than Reykjavik.
If you lived in Helsinki instead of Reykjavik, you would:
pay 13.8% less for restaurants
Reykjavik
|
Helsinki
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$18.40
ISK2,570
|
$14.40
€13.38
|
|
Fast food combo meal
McDonalds, or similar
|
$15.62
ISK2,182
|
$10.42
€9.67
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.53
ISK354
|
$2.71
€2.52
|
|
Bottle of water (11 fl. oz) |
$2.03
ISK283
|
$1.88
€1.75
|
|
pay 27.5% less for groceries
Reykjavik
|
Helsinki
|
||
---|---|---|---|
Bread
1 loaf
|
$3.40
ISK475
|
$2.52
€2.34
|
|
Local cheese (8 oz) |
$7.20
ISK1,005
|
$4.03
€3.74
|
|
Milk (1 gallon) |
$5.90
ISK823
|
$4.44
€4.12
|
|
Eggs
1 dozen
|
$5.64
ISK788
|
$3.02
€2.80
|
|
Boneless chicken breast (1 lb) |
$8.08
ISK1,129
|
$5.24
€4.87
|
|
Apples (1 lb) |
$1.57
ISK219
|
$1.12
€1.04
|
|
Bananas (1 lb) |
$0.93
ISK130
|
$0.81
€0.76
|
|
Oranges (1 lb) |
$1.23
ISK172
|
$1.06
€0.98
|
|
Tomatoes (1 lb) |
$2.22
ISK309
|
$1.93
€1.80
|
|
Potatoes (1 lb) |
$1.24
ISK174
|
$0.50
€0.47
|
|
Onions (1 lb) |
$0.69
ISK96
|
$0.70
€0.65
|
|
pay 9.1% less for transportation
Reykjavik
|
Helsinki
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.90
ISK1,242
|
$8.73
€8.10
|
|
Monthly public transit pass |
$65.56
ISK9,155
|
$71.46
€66.37
|
|
New Volkswagen Golf 1.4 (standard edition) |
$37,150.35
ISK5,187,675
|
$35,182.39
€32,672.12
|
|
Taxi trip in downtown area (5 miles) |
$29.44
ISK4,111
|
$18.20
€16.90
|
|
pay 30.7% less for housing
Reykjavik
|
Helsinki
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$64.04
ISK8,943
|
$21.87
€20.31
|
|
1-Bedroom apartment in downtown area |
$1,613.16
ISK225,262
|
$1,063.35
€987.48
|
|
1-Bedroom apartment outside city center |
$1,379.70
ISK192,661
|
$840.88
€780.89
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.31
ISK9,679
|
$80.65
€74.89
|
|
pay 19.9% more for childcare
Reykjavik
|
Helsinki
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$282.44
ISK39,439
|
$378.45
€351.45
|
|
Middle school for 1 child, two semesters |
$6,058.18
ISK845,964
|
$6,404.29
€5,947.35
|
|
pay 7.6% less for entertainment and sports
Reykjavik
|
Helsinki
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.47
ISK1,322
|
$8.52
€7.91
|
|
Cappuccino in mid-range area |
$4.53
ISK632
|
$4.55
€4.23
|
|
Pack of cigarettes
Marlboro or similar
|
$11.66
ISK1,628
|
$10.66
€9.90
|
|
Monthly membership at local gym |
$67.30
ISK9,398
|
$37.26
€34.60
|
|
Movie ticket to theater/cinema |
$13.66
ISK1,907
|
$16.99
€15.77
|
|
pay 26.8% less for clothing
Reykjavik
|
Helsinki
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$108.17
ISK15,104
|
$92.71
€86.09
|
|
Regular dress
from H&M or similar store
|
$43.41
ISK6,062
|
$36.44
€33.84
|
|
Running shoes
Nike or Adidas
|
$137.74
ISK19,234
|
$79.67
€73.98
|
|
Men's business shoes (leather) |
$182.49
ISK25,483
|
$119.75
€111.21
|
|
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