Cost of living comparison
United States is 42.2% more expensive than Reykjavik.
If you lived in United States instead of Reykjavik, you would:
pay 19.2% less for restaurants
|
Reykjavik
|
United States
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$21.59
ISK2,962
|
$18.02
|
|
|
Fast food combo meal
McDonalds, or similar
|
$17.27
ISK2,370
|
$10.37
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.90
ISK398
|
$2.44
|
|
| Bottle of water (11 fl. oz) |
$2.07
ISK284
|
$1.98
|
|
pay 2.4% less for groceries
|
Reykjavik
|
United States
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.68
ISK506
|
$3.43
|
|
| Local cheese (8 oz) |
$7.66
ISK1,051
|
$6.30
|
|
| Milk (1 gallon) |
$6.16
ISK846
|
$3.93
|
|
|
Eggs
1 dozen
|
$5.91
ISK811
|
$3.52
|
|
| Boneless chicken breast (1 lb) |
$8.87
ISK1,218
|
$5.12
|
|
| Apples (1 lb) |
$1.53
ISK210
|
$2.31
|
|
| Bananas (1 lb) |
$0.97
ISK133
|
$0.76
|
|
| Oranges (1 lb) |
$1.26
ISK173
|
$2.03
|
|
| Tomatoes (1 lb) |
$2.23
ISK306
|
$2.13
|
|
| Potatoes (1 lb) |
$1.42
ISK194
|
$1.32
|
|
| Onions (1 lb) |
$1.01
ISK139
|
$1.38
|
|
pay 27.0% less for transportation
|
Reykjavik
|
United States
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.57
ISK1,177
|
$3.61
|
|
| Monthly public transit pass |
$66.92
ISK9,184
|
$65.73
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$41,660.67
ISK5,717,510
|
$31,580.82
|
|
| Taxi trip in downtown area (5 miles) |
$23.30
ISK3,197
|
$17.71
|
|
pay 25.1% more for housing
|
Reykjavik
|
United States
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$68.45
ISK9,394
|
$67.34
|
|
| 1-Bedroom apartment in downtown area |
$1,864.13
ISK255,834
|
$1,635.84
|
|
| 1-Bedroom apartment outside city center |
$1,666.20
ISK228,669
|
$1,397.18
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$64.43
ISK8,843
|
$148.42
|
|
pay 4.7 times more for childcare
|
Reykjavik
|
United States
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$240.37
ISK32,988
|
$1,344.29
|
|
| Middle school for 1 child, two semesters |
$5,984.07
ISK821,254
|
$23,001.10
|
|
pay 19.8% less for entertainment and sports
|
Reykjavik
|
United States
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.79
ISK1,481
|
$5.73
|
|
| Cappuccino in mid-range area |
$5.09
ISK698
|
$4.97
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.87
ISK1,629
|
$9.54
|
|
| Monthly membership at local gym |
$65.50
ISK8,990
|
$51.32
|
|
| Movie ticket to theater/cinema |
$14.39
ISK1,975
|
$13.21
|
|
pay 33.1% less for clothing
|
Reykjavik
|
United States
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$103.94
ISK14,265
|
$50.12
|
|
|
Regular dress
from H&M or similar store
|
$43.50
ISK5,969
|
$40.92
|
|
|
Running shoes
Nike or Adidas
|
$141.47
ISK19,416
|
$85.55
|
|
| Men's business shoes (leather) |
$174.65
ISK23,969
|
$113.11
|
|
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