Cost of living comparison
Spain is 29.1% cheaper than Reykjavik.
If you lived in Spain instead of Reykjavik, you would:
pay 32.5% less for restaurants
Reykjavik
|
Spain
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$18.40
kr2,599
|
$12.45
€11.68
|
|
Fast food combo meal
McDonalds, or similar
|
$15.62
kr2,207
|
$8.47
€7.94
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.53
kr358
|
$1.99
€1.87
|
|
Bottle of water (11 fl. oz) |
$2.03
kr286
|
$1.40
€1.32
|
|
pay 41.3% less for groceries
Reykjavik
|
Spain
|
||
---|---|---|---|
Bread
1 loaf
|
$3.40
kr481
|
$1.16
€1.09
|
|
Local cheese (8 oz) |
$7.20
kr1,016
|
$5.73
€5.38
|
|
Milk (1 gallon) |
$5.90
kr833
|
$3.55
€3.33
|
|
Eggs
1 dozen
|
$5.64
kr797
|
$2.35
€2.21
|
|
Boneless chicken breast (1 lb) |
$8.08
kr1,142
|
$3.11
€2.92
|
|
Apples (1 lb) |
$1.57
kr221
|
$0.88
€0.83
|
|
Bananas (1 lb) |
$0.93
kr132
|
$0.83
€0.78
|
|
Oranges (1 lb) |
$1.23
kr174
|
$0.74
€0.69
|
|
Tomatoes (1 lb) |
$2.22
kr313
|
$0.91
€0.86
|
|
Potatoes (1 lb) |
$1.24
kr176
|
$0.63
€0.59
|
|
Onions (1 lb) |
$0.69
kr97
|
$0.65
€0.61
|
|
pay 37.6% less for transportation
Reykjavik
|
Spain
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.90
kr1,257
|
$6.67
€6.26
|
|
Monthly public transit pass |
$65.56
kr9,260
|
$39.84
€37.37
|
|
New Volkswagen Golf 1.4 (standard edition) |
$37,150.35
kr5,247,487
|
$24,357.72
€22,844.28
|
|
Taxi trip in downtown area (5 miles) |
$29.44
kr4,159
|
$14.14
€13.26
|
|
pay 24.5% less for housing
Reykjavik
|
Spain
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$64.04
kr9,046
|
$40.62
€38.10
|
|
1-Bedroom apartment in downtown area |
$1,613.16
kr227,859
|
$697.48
€654.14
|
|
1-Bedroom apartment outside city center |
$1,379.70
kr194,883
|
$570.67
€535.21
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.31
kr9,791
|
$106.79
€100.16
|
|
pay 21.5% more for childcare
Reykjavik
|
Spain
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$282.44
kr39,894
|
$342.46
€321.18
|
|
Middle school for 1 child, two semesters |
$6,058.18
kr855,718
|
$7,368.05
€6,910.24
|
|
pay 51.5% less for entertainment and sports
Reykjavik
|
Spain
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.47
kr1,338
|
$2.66
€2.50
|
|
Cappuccino in mid-range area |
$4.53
kr640
|
$1.85
€1.74
|
|
Pack of cigarettes
Marlboro or similar
|
$11.66
kr1,646
|
$5.55
€5.20
|
|
Monthly membership at local gym |
$67.30
kr9,507
|
$43.33
€40.64
|
|
Movie ticket to theater/cinema |
$13.66
kr1,929
|
$8.42
€7.89
|
|
pay 38.0% less for clothing
Reykjavik
|
Spain
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$108.17
kr15,278
|
$73.58
€69.01
|
|
Regular dress
from H&M or similar store
|
$43.41
kr6,132
|
$33.02
€30.97
|
|
Running shoes
Nike or Adidas
|
$137.74
kr19,456
|
$74.35
€69.73
|
|
Men's business shoes (leather) |
$182.49
kr25,777
|
$91.35
€85.67
|
|
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