Cost of living comparison
Rome is 10.1% cheaper than Reykjavik.
If you lived in Rome instead of Reykjavik, you would:
pay 32.5% less for restaurants
Reykjavik
|
Rome
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$21.59
ISK2,966
|
$16.24
€14.94
|
|
Fast food combo meal
McDonalds, or similar
|
$17.27
ISK2,373
|
$10.83
€9.96
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.90
ISK399
|
$2.22
€2.04
|
|
Bottle of water (11 fl. oz) |
$2.07
ISK285
|
$1.15
€1.05
|
|
pay 28.9% less for groceries
Reykjavik
|
Rome
|
||
---|---|---|---|
Bread
1 loaf
|
$3.68
ISK506
|
$1.87
€1.72
|
|
Local cheese (8 oz) |
$7.66
ISK1,052
|
$6.93
€6.37
|
|
Milk (1 gallon) |
$6.16
ISK847
|
$6.37
€5.86
|
|
Eggs
1 dozen
|
$5.91
ISK812
|
$3.90
€3.59
|
|
Boneless chicken breast (1 lb) |
$8.87
ISK1,219
|
$5.10
€4.69
|
|
Apples (1 lb) |
$1.53
ISK210
|
$1.02
€0.93
|
|
Bananas (1 lb) |
$0.97
ISK133
|
$0.91
€0.84
|
|
Oranges (1 lb) |
$1.26
ISK173
|
$0.95
€0.87
|
|
Tomatoes (1 lb) |
$2.23
ISK306
|
$1.15
€1.06
|
|
Potatoes (1 lb) |
$1.42
ISK194
|
$0.72
€0.66
|
|
Onions (1 lb) |
$1.01
ISK139
|
$0.78
€0.71
|
|
pay 28.9% less for transportation
Reykjavik
|
Rome
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.57
ISK1,178
|
$7.44
€6.84
|
|
Monthly public transit pass |
$66.92
ISK9,194
|
$37.90
€34.86
|
|
New Volkswagen Golf 1.4 (standard edition) |
$41,660.67
ISK5,723,760
|
$26,749.78
€24,603.11
|
|
Taxi trip in downtown area (5 miles) |
$23.30
ISK3,201
|
$17.87
€16.44
|
|
pay 5.7% more for housing
Reykjavik
|
Rome
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$68.45
ISK9,404
|
$30.04
€27.63
|
|
1-Bedroom apartment in downtown area |
$1,864.13
ISK256,113
|
$1,171.95
€1,077.90
|
|
1-Bedroom apartment outside city center |
$1,666.20
ISK228,919
|
$721.77
€663.85
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$64.43
ISK8,853
|
$175.72
€161.62
|
|
pay 89.5% more for childcare
Reykjavik
|
Rome
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$240.37
ISK33,024
|
$516.83
€475.35
|
|
Middle school for 1 child, two semesters |
$5,984.07
ISK822,152
|
$9,813.53
€9,025.99
|
|
pay 38.7% less for entertainment and sports
Reykjavik
|
Rome
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$10.79
ISK1,483
|
$5.41
€4.98
|
|
Cappuccino in mid-range area |
$5.09
ISK699
|
$1.59
€1.46
|
|
Pack of cigarettes
Marlboro or similar
|
$11.87
ISK1,631
|
$6.50
€5.98
|
|
Monthly membership at local gym |
$65.50
ISK8,999
|
$62.20
€57.21
|
|
Movie ticket to theater/cinema |
$14.39
ISK1,977
|
$10.83
€9.96
|
|
pay 36.9% less for clothing
Reykjavik
|
Rome
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$103.94
ISK14,280
|
$67.31
€61.91
|
|
Regular dress
from H&M or similar store
|
$43.50
ISK5,976
|
$30.97
€28.49
|
|
Running shoes
Nike or Adidas
|
$141.47
ISK19,437
|
$81.10
€74.59
|
|
Men's business shoes (leather) |
$174.65
ISK23,995
|
$103.39
€95.09
|
|
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