Cost of living comparison
Reykjavik is 45.2% more expensive than Tokyo.
If you lived in Reykjavik instead of Tokyo, you would:
pay 2.4 times more for restaurants
Tokyo
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$7.57
¥1,186
|
$18.40
ISK2,584
|
|
Fast food combo meal
McDonalds, or similar
|
$5.30
¥830
|
$15.62
ISK2,194
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.29
¥203
|
$2.53
ISK356
|
|
Bottle of water (11 fl. oz) |
$0.88
¥138
|
$2.03
ISK284
|
|
pay 13.6% more for groceries
Tokyo
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$1.58
¥248
|
$3.40
ISK478
|
|
Local cheese (8 oz) |
$7.12
¥1,116
|
$7.20
ISK1,010
|
|
Milk (1 gallon) |
$5.46
¥856
|
$5.90
ISK828
|
|
Eggs
1 dozen
|
$2.04
¥320
|
$5.64
ISK792
|
|
Boneless chicken breast (1 lb) |
$3.81
¥597
|
$8.08
ISK1,135
|
|
Apples (1 lb) |
$3.30
¥518
|
$1.57
ISK220
|
|
Bananas (1 lb) |
$1.52
¥238
|
$0.93
ISK131
|
|
Oranges (1 lb) |
$3.33
¥521
|
$1.23
ISK173
|
|
Tomatoes (1 lb) |
$2.26
¥354
|
$2.22
ISK311
|
|
Potatoes (1 lb) |
$2.29
¥359
|
$1.24
ISK175
|
|
Onions (1 lb) |
$1.79
¥280
|
$0.69
ISK97
|
|
pay 37.0% more for transportation
Tokyo
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.77
¥747
|
$8.90
ISK1,249
|
|
Monthly public transit pass |
$75.67
¥11,860
|
$65.56
ISK9,205
|
|
New Volkswagen Golf 1.4 (standard edition) |
$21,565.59
¥3,380,211
|
$37,150.35
ISK5,215,909
|
|
Taxi trip in downtown area (5 miles) |
$28.75
¥4,507
|
$29.44
ISK4,134
|
|
pay 45.3% more for housing
Tokyo
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$35.00
¥5,486
|
$64.04
ISK8,991
|
|
1-Bedroom apartment in downtown area |
$1,128.57
¥176,893
|
$1,613.16
ISK226,488
|
|
1-Bedroom apartment outside city center |
$671.52
¥105,255
|
$1,379.70
ISK193,710
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$138.96
¥21,781
|
$69.31
ISK9,732
|
|
pay 59.3% less for childcare
Tokyo
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$616.16
¥96,577
|
$282.44
ISK39,654
|
|
Middle school for 1 child, two semesters |
$17,025.47
¥2,668,588
|
$6,058.18
ISK850,568
|
|
pay 60.9% more for entertainment and sports
Tokyo
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$4.16
¥652
|
$9.47
ISK1,330
|
|
Cappuccino in mid-range area |
$3.54
¥555
|
$4.53
ISK636
|
|
Pack of cigarettes
Marlboro or similar
|
$4.54
¥712
|
$11.66
ISK1,636
|
|
Monthly membership at local gym |
$72.81
¥11,412
|
$67.30
ISK9,450
|
|
Movie ticket to theater/cinema |
$13.62
¥2,135
|
$13.66
ISK1,918
|
|
pay 77.6% more for clothing
Tokyo
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$50.16
¥7,862
|
$108.17
ISK15,186
|
|
Regular dress
from H&M or similar store
|
$40.10
¥6,285
|
$43.41
ISK6,095
|
|
Running shoes
Nike or Adidas
|
$65.44
¥10,257
|
$137.74
ISK19,339
|
|
Men's business shoes (leather) |
$103.70
¥16,254
|
$182.49
ISK25,622
|
|
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