Cost of living comparison
Victoria is 12.8% cheaper than Reykjavik.
If you lived in Victoria instead of Reykjavik, you would:
pay 5.2% less for restaurants
Reykjavik
|
Victoria
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$18.40
ISK2,584
|
$13.88
SCR187.71
|
|
Fast food combo meal
McDonalds, or similar
|
$15.62
ISK2,194
|
$6.67
SCR90.26
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.53
ISK356
|
$3.77
SCR50.99
|
|
Bottle of water (11 fl. oz) |
$2.03
ISK284
|
$2.28
SCR30.83
|
|
pay 10.8% less for groceries
Reykjavik
|
Victoria
|
||
---|---|---|---|
Bread
1 loaf
|
$3.40
ISK478
|
$1.71
SCR23.11
|
|
Local cheese (8 oz) |
$7.20
ISK1,010
|
$10.81
SCR146.19
|
|
Milk (1 gallon) |
$5.90
ISK828
|
$7.26
SCR98.21
|
|
Eggs
1 dozen
|
$5.64
ISK792
|
$2.98
SCR40.25
|
|
Boneless chicken breast (1 lb) |
$8.08
ISK1,135
|
$2.56
SCR34.67
|
|
Apples (1 lb) |
$1.57
ISK220
|
$1.36
SCR18.39
|
|
Bananas (1 lb) |
$0.93
ISK131
|
$1.28
SCR17.30
|
|
Oranges (1 lb) |
$1.23
ISK173
|
$0.74
SCR10.06
|
|
Tomatoes (1 lb) |
$2.22
ISK311
|
$2.94
SCR39.72
|
|
Potatoes (1 lb) |
$1.24
ISK175
|
$0.83
SCR11.29
|
|
Onions (1 lb) |
$0.69
ISK97
|
$0.62
SCR8.34
|
|
pay 35.4% less for transportation
Reykjavik
|
Victoria
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.90
ISK1,249
|
$4.99
SCR67.45
|
|
Monthly public transit pass |
$65.56
ISK9,205
|
$24.06
SCR325.50
|
|
New Volkswagen Golf 1.4 (standard edition) |
$37,150.35
ISK5,215,909
|
$24,561.80
SCR332,269.36
|
|
Taxi trip in downtown area (5 miles) |
$29.44
ISK4,134
|
$29.32
SCR396.58
|
|
pay 12.3% more for housing
Reykjavik
|
Victoria
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$64.04
ISK8,991
|
$123.39
SCR1,669.18
|
|
1-Bedroom apartment in downtown area |
$1,613.16
ISK226,488
|
$913.34
SCR12,355.57
|
|
1-Bedroom apartment outside city center |
$1,379.70
ISK193,710
|
$774.97
SCR10,483.74
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.31
ISK9,732
|
$99.70
SCR1,348.79
|
|
pay 34.0% less for childcare
Reykjavik
|
Victoria
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$282.44
ISK39,654
|
$187.50
SCR2,536.43
|
|
Middle school for 1 child, two semesters |
$6,058.18
ISK850,568
|
$3,982.14
SCR53,869.98
|
|
pay 7.1% less for entertainment and sports
Reykjavik
|
Victoria
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.47
ISK1,330
|
$3.66
SCR49.53
|
|
Cappuccino in mid-range area |
$4.53
ISK636
|
$5.06
SCR68.43
|
|
Pack of cigarettes
Marlboro or similar
|
$11.66
ISK1,636
|
$11.60
SCR156.92
|
|
Monthly membership at local gym |
$67.30
ISK9,450
|
$91.48
SCR1,237.56
|
|
Movie ticket to theater/cinema |
$13.66
ISK1,918
|
$10.75
SCR145.48
|
|
pay 9.7% less for clothing
Reykjavik
|
Victoria
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$108.17
ISK15,186
|
$60.26
SCR815.13
|
|
Regular dress
from H&M or similar store
|
$43.41
ISK6,095
|
$83.50
SCR1,129.62
|
|
Running shoes
Nike or Adidas
|
$137.74
ISK19,339
|
$96.68
SCR1,307.93
|
|
Men's business shoes (leather) |
$182.49
ISK25,622
|
$78.50
SCR1,062.00
|
|
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