Cost of living comparison
Reykjavik is 59.0% more expensive than Seoul.
If you lived in Reykjavik instead of Seoul, you would:
pay 2.3 times more for restaurants
Seoul
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$6.84
₩9,193
|
$18.40
kr2,516
|
|
Fast food combo meal
McDonalds, or similar
|
$6.08
₩8,171
|
$15.62
kr2,137
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.56
₩2,102
|
$2.53
kr347
|
|
Bottle of water (11 fl. oz) |
$0.82
₩1,099
|
$2.03
kr277
|
|
pay 11.4% less for groceries
Seoul
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$3.17
₩4,266
|
$3.40
kr466
|
|
Local cheese (8 oz) |
$5.72
₩7,686
|
$7.20
kr984
|
|
Milk (1 gallon) |
$8.47
₩11,390
|
$5.90
kr806
|
|
Eggs
1 dozen
|
$3.83
₩5,153
|
$5.64
kr771
|
|
Boneless chicken breast (1 lb) |
$4.85
₩6,523
|
$8.08
kr1,105
|
|
Apples (1 lb) |
$2.90
₩3,893
|
$1.57
kr214
|
|
Bananas (1 lb) |
$1.67
₩2,241
|
$0.93
kr127
|
|
Oranges (1 lb) |
$2.82
₩3,785
|
$1.23
kr168
|
|
Tomatoes (1 lb) |
$2.77
₩3,718
|
$2.22
kr303
|
|
Potatoes (1 lb) |
$1.68
₩2,263
|
$1.24
kr170
|
|
Onions (1 lb) |
$1.38
₩1,852
|
$0.69
kr94
|
|
pay 91.6% more for transportation
Seoul
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$5.41
₩7,272
|
$8.90
kr1,217
|
|
Monthly public transit pass |
$41.78
₩56,177
|
$65.56
kr8,965
|
|
New Volkswagen Golf 1.4 (standard edition) |
$31,904.23
₩42,898,423
|
$37,150.35
kr5,080,241
|
|
Taxi trip in downtown area (5 miles) |
$8.96
₩12,052
|
$29.44
kr4,026
|
|
pay 96.1% more for housing
Seoul
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$21.92
₩29,467
|
$64.04
kr8,757
|
|
1-Bedroom apartment in downtown area |
$768.77
₩1,033,690
|
$1,613.16
kr220,597
|
|
1-Bedroom apartment outside city center |
$592.83
₩797,126
|
$1,379.70
kr188,671
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$138.80
₩186,625
|
$69.31
kr9,479
|
|
pay 46.9% less for childcare
Seoul
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$384.99
₩517,654
|
$282.44
kr38,623
|
|
Middle school for 1 child, two semesters |
$18,449.76
₩24,807,546
|
$6,058.18
kr828,444
|
|
pay 92.6% more for entertainment and sports
Seoul
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$3.80
₩5,107
|
$9.47
kr1,295
|
|
Cappuccino in mid-range area |
$3.92
₩5,277
|
$4.53
kr619
|
|
Pack of cigarettes
Marlboro or similar
|
$3.42
₩4,596
|
$11.66
kr1,594
|
|
Monthly membership at local gym |
$52.16
₩70,138
|
$67.30
kr9,204
|
|
Movie ticket to theater/cinema |
$10.63
₩14,299
|
$13.66
kr1,868
|
|
pay 57.1% more for clothing
Seoul
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$60.78
₩81,719
|
$108.17
kr14,791
|
|
Regular dress
from H&M or similar store
|
$43.57
₩58,590
|
$43.41
kr5,937
|
|
Running shoes
Nike or Adidas
|
$72.02
₩96,832
|
$137.74
kr18,836
|
|
Men's business shoes (leather) |
$114.47
₩153,912
|
$182.49
kr24,956
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Reykjavik or Seoul. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.