Cost of living comparison
Reykjavik is 71.4% more expensive than Riga.
If you lived in Reykjavik instead of Riga, you would:
pay 70.0% more for restaurants
Riga
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$13.19
€12.32
|
$18.40
ISK2,584
|
|
Fast food combo meal
McDonalds, or similar
|
$7.70
€7.19
|
$15.62
ISK2,194
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.41
€1.32
|
$2.53
ISK356
|
|
Bottle of water (11 fl. oz) |
$1.28
€1.20
|
$2.03
ISK284
|
|
pay 90.8% more for groceries
Riga
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$1.33
€1.24
|
$3.40
ISK478
|
|
Local cheese (8 oz) |
$5.42
€5.06
|
$7.20
ISK1,010
|
|
Milk (1 gallon) |
$5.49
€5.12
|
$5.90
ISK828
|
|
Eggs
1 dozen
|
$2.66
€2.49
|
$5.64
ISK792
|
|
Boneless chicken breast (1 lb) |
$3.48
€3.25
|
$8.08
ISK1,135
|
|
Apples (1 lb) |
$0.67
€0.63
|
$1.57
ISK220
|
|
Bananas (1 lb) |
$0.77
€0.72
|
$0.93
ISK131
|
|
Oranges (1 lb) |
$0.91
€0.85
|
$1.23
ISK173
|
|
Tomatoes (1 lb) |
$1.36
€1.27
|
$2.22
ISK311
|
|
Potatoes (1 lb) |
$0.42
€0.39
|
$1.24
ISK175
|
|
Onions (1 lb) |
$0.33
€0.31
|
$0.69
ISK97
|
|
pay 85.7% more for transportation
Riga
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$7.79
€7.28
|
$8.90
ISK1,249
|
|
Monthly public transit pass |
$32.98
€30.81
|
$65.56
ISK9,205
|
|
New Volkswagen Golf 1.4 (standard edition) |
$24,187.89
€22,594.05
|
$37,150.35
ISK5,215,909
|
|
Taxi trip in downtown area (5 miles) |
$10.66
€9.96
|
$29.44
ISK4,134
|
|
pay 2.7 times more for housing
Riga
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$19.82
€18.51
|
$64.04
ISK8,991
|
|
1-Bedroom apartment in downtown area |
$489.54
€457.29
|
$1,613.16
ISK226,488
|
|
1-Bedroom apartment outside city center |
$337.47
€315.23
|
$1,379.70
ISK193,710
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$254.35
€237.59
|
$69.31
ISK9,732
|
|
pay 43.9% less for childcare
Riga
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$404.77
€378.10
|
$282.44
ISK39,654
|
|
Middle school for 1 child, two semesters |
$14,268.86
€13,328.62
|
$6,058.18
ISK850,568
|
|
pay 78.0% more for entertainment and sports
Riga
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$4.40
€4.11
|
$9.47
ISK1,330
|
|
Cappuccino in mid-range area |
$3.01
€2.82
|
$4.53
ISK636
|
|
Pack of cigarettes
Marlboro or similar
|
$4.95
€4.62
|
$11.66
ISK1,636
|
|
Monthly membership at local gym |
$44.13
€41.22
|
$67.30
ISK9,450
|
|
Movie ticket to theater/cinema |
$10.00
€9.35
|
$13.66
ISK1,918
|
|
pay 47.1% more for clothing
Riga
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$71.46
€66.76
|
$108.17
ISK15,186
|
|
Regular dress
from H&M or similar store
|
$44.87
€41.91
|
$43.41
ISK6,095
|
|
Running shoes
Nike or Adidas
|
$77.12
€72.04
|
$137.74
ISK19,339
|
|
Men's business shoes (leather) |
$112.87
€105.44
|
$182.49
ISK25,622
|
|
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