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
kr2,511
|
$12.45
€11.68
|
|
|
Fast food combo meal
McDonalds, or similar
|
$15.62
kr2,132
|
$8.47
€7.94
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.53
kr346
|
$1.99
€1.87
|
|
| Bottle of water (11 fl. oz) |
$2.03
kr276
|
$1.40
€1.32
|
|
pay 41.3% less for groceries
|
Reykjavik
|
Spain
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.40
kr465
|
$1.16
€1.09
|
|
| Local cheese (8 oz) |
$7.20
kr982
|
$5.73
€5.38
|
|
| Milk (1 gallon) |
$5.90
kr804
|
$3.55
€3.33
|
|
|
Eggs
1 dozen
|
$5.64
kr770
|
$2.35
€2.21
|
|
| Boneless chicken breast (1 lb) |
$8.08
kr1,103
|
$3.11
€2.92
|
|
| Apples (1 lb) |
$1.57
kr214
|
$0.88
€0.83
|
|
| Bananas (1 lb) |
$0.93
kr127
|
$0.83
€0.78
|
|
| Oranges (1 lb) |
$1.23
kr168
|
$0.74
€0.69
|
|
| Tomatoes (1 lb) |
$2.22
kr302
|
$0.91
€0.86
|
|
| Potatoes (1 lb) |
$1.24
kr170
|
$0.63
€0.59
|
|
| Onions (1 lb) |
$0.69
kr94
|
$0.65
€0.61
|
|
pay 37.6% less for transportation
|
Reykjavik
|
Spain
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.90
kr1,214
|
$6.67
€6.26
|
|
| Monthly public transit pass |
$65.56
kr8,946
|
$39.84
€37.36
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$37,150.35
kr5,069,537
|
$24,357.72
€22,841.46
|
|
| Taxi trip in downtown area (5 miles) |
$29.44
kr4,018
|
$14.14
€13.26
|
|
pay 24.5% less for housing
|
Reykjavik
|
Spain
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$64.04
kr8,739
|
$40.62
€38.09
|
|
| 1-Bedroom apartment in downtown area |
$1,613.16
kr220,132
|
$697.48
€654.06
|
|
| 1-Bedroom apartment outside city center |
$1,379.70
kr188,274
|
$570.67
€535.15
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.31
kr9,459
|
$106.79
€100.14
|
|
pay 21.5% more for childcare
|
Reykjavik
|
Spain
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$282.44
kr38,541
|
$342.46
€321.14
|
|
| Middle school for 1 child, two semesters |
$6,058.18
kr826,699
|
$7,368.05
€6,909.38
|
|
pay 51.5% less for entertainment and sports
|
Reykjavik
|
Spain
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.47
kr1,292
|
$2.66
€2.50
|
|
| Cappuccino in mid-range area |
$4.53
kr618
|
$1.85
€1.74
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.66
kr1,590
|
$5.55
€5.20
|
|
| Monthly membership at local gym |
$67.30
kr9,184
|
$43.33
€40.63
|
|
| Movie ticket to theater/cinema |
$13.66
kr1,864
|
$8.42
€7.89
|
|
pay 38.0% less for clothing
|
Reykjavik
|
Spain
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.17
kr14,760
|
$73.58
€69.00
|
|
|
Regular dress
from H&M or similar store
|
$43.41
kr5,924
|
$33.02
€30.97
|
|
|
Running shoes
Nike or Adidas
|
$137.74
kr18,796
|
$74.35
€69.72
|
|
| Men's business shoes (leather) |
$182.49
kr24,903
|
$91.35
€85.66
|
|
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