Cost of living comparison
Paris is 26.3% more expensive than Reykjavik.
If you lived in Paris instead of Reykjavik, you would:
pay 5.8% more for restaurants
|
Reykjavik
|
Paris
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$18.40
kr2,531
|
$16.49
€15.07
|
|
|
Fast food combo meal
McDonalds, or similar
|
$15.62
kr2,149
|
$10.99
€10.04
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.53
kr349
|
$3.30
€3.01
|
|
| Bottle of water (11 fl. oz) |
$2.03
kr279
|
$2.70
€2.46
|
|
pay 0.9% more for groceries
|
Reykjavik
|
Paris
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.40
kr468
|
$2.28
€2.09
|
|
| Local cheese (8 oz) |
$7.20
kr990
|
$9.69
€8.85
|
|
| Milk (1 gallon) |
$5.90
kr811
|
$4.75
€4.34
|
|
|
Eggs
1 dozen
|
$5.64
kr776
|
$3.71
€3.39
|
|
| Boneless chicken breast (1 lb) |
$8.08
kr1,112
|
$6.40
€5.85
|
|
| Apples (1 lb) |
$1.57
kr216
|
$1.63
€1.49
|
|
| Bananas (1 lb) |
$0.93
kr128
|
$1.05
€0.96
|
|
| Oranges (1 lb) |
$1.23
kr169
|
$1.49
€1.36
|
|
| Tomatoes (1 lb) |
$2.22
kr305
|
$1.87
€1.70
|
|
| Potatoes (1 lb) |
$1.24
kr171
|
$1.16
€1.06
|
|
| Onions (1 lb) |
$0.69
kr95
|
$1.15
€1.05
|
|
pay 6.9% less for transportation
|
Reykjavik
|
Paris
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.90
kr1,224
|
$8.20
€7.49
|
|
| Monthly public transit pass |
$65.56
kr9,018
|
$92.35
€84.37
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$37,150.35
kr5,110,031
|
$24,187.89
€22,096.85
|
|
| Taxi trip in downtown area (5 miles) |
$29.44
kr4,050
|
$21.89
€20.00
|
|
pay 15.0% more for housing
|
Reykjavik
|
Paris
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$64.04
kr8,809
|
$32.60
€29.78
|
|
| 1-Bedroom apartment in downtown area |
$1,613.16
kr221,890
|
$1,438.32
€1,313.98
|
|
| 1-Bedroom apartment outside city center |
$1,379.70
kr189,778
|
$1,037.88
€948.16
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.31
kr9,534
|
$169.67
€155.00
|
|
pay 3.0 times more for childcare
|
Reykjavik
|
Paris
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$282.44
kr38,849
|
$830.08
€758.32
|
|
| Middle school for 1 child, two semesters |
$6,058.18
kr833,302
|
$18,062.39
€16,500.89
|
|
pay 14.5% less for entertainment and sports
|
Reykjavik
|
Paris
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.47
kr1,303
|
$7.69
€7.02
|
|
| Cappuccino in mid-range area |
$4.53
kr623
|
$4.19
€3.83
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.66
kr1,603
|
$11.54
€10.55
|
|
| Monthly membership at local gym |
$67.30
kr9,258
|
$39.26
€35.87
|
|
| Movie ticket to theater/cinema |
$13.66
kr1,879
|
$13.19
€12.05
|
|
pay 12.3% less for clothing
|
Reykjavik
|
Paris
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.17
kr14,878
|
$110.46
€100.91
|
|
|
Regular dress
from H&M or similar store
|
$43.41
kr5,972
|
$41.99
€38.36
|
|
|
Running shoes
Nike or Adidas
|
$137.74
kr18,946
|
$101.08
€92.34
|
|
| Men's business shoes (leather) |
$182.49
kr25,102
|
$143.22
€130.84
|
|
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