Cost of living comparison
Reykjavik is 18.8% more expensive than United States.
If you lived in Reykjavik instead of United States, you would:
pay 24.2% more for restaurants
United States
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$18.15
|
$18.40
kr2,586
|
|
Fast food combo meal
McDonalds, or similar
|
$9.28
|
$15.62
kr2,196
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.24
|
$2.53
kr356
|
|
Bottle of water (11 fl. oz) |
$1.77
|
$2.03
kr285
|
|
pay 8.4% more for groceries
United States
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$3.17
|
$3.40
kr478
|
|
Local cheese (8 oz) |
$5.93
|
$7.20
kr1,011
|
|
Milk (1 gallon) |
$3.83
|
$5.90
kr828
|
|
Eggs
1 dozen
|
$4.01
|
$5.64
kr793
|
|
Boneless chicken breast (1 lb) |
$5.32
|
$8.08
kr1,136
|
|
Apples (1 lb) |
$2.19
|
$1.57
kr220
|
|
Bananas (1 lb) |
$0.76
|
$0.93
kr131
|
|
Oranges (1 lb) |
$1.93
|
$1.23
kr173
|
|
Tomatoes (1 lb) |
$2.05
|
$2.22
kr311
|
|
Potatoes (1 lb) |
$1.29
|
$1.24
kr175
|
|
Onions (1 lb) |
$1.27
|
$0.69
kr97
|
|
pay 66.9% more for transportation
United States
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.72
|
$8.90
kr1,250
|
|
Monthly public transit pass |
$63.08
|
$65.56
kr9,212
|
|
New Volkswagen Golf 1.4 (standard edition) |
$25,096.27
|
$37,150.35
kr5,220,368
|
|
Taxi trip in downtown area (5 miles) |
$16.64
|
$29.44
kr4,137
|
|
pay 11.6% less for housing
United States
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$70.73
|
$64.04
kr8,999
|
|
1-Bedroom apartment in downtown area |
$1,528.07
|
$1,613.16
kr226,681
|
|
1-Bedroom apartment outside city center |
$1,282.97
|
$1,379.70
kr193,876
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$138.81
|
$69.31
kr9,740
|
|
pay 68.6% less for childcare
United States
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$1,137.97
|
$282.44
kr39,688
|
|
Middle school for 1 child, two semesters |
$15,943.15
|
$6,058.18
kr851,295
|
|
pay 38.0% more for entertainment and sports
United States
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$5.19
|
$9.47
kr1,331
|
|
Cappuccino in mid-range area |
$4.51
|
$4.53
kr636
|
|
Pack of cigarettes
Marlboro or similar
|
$8.57
|
$11.66
kr1,638
|
|
Monthly membership at local gym |
$42.79
|
$67.30
kr9,458
|
|
Movie ticket to theater/cinema |
$12.04
|
$13.66
kr1,919
|
|
pay 74.0% more for clothing
United States
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$45.40
|
$108.17
kr15,199
|
|
Regular dress
from H&M or similar store
|
$36.73
|
$43.41
kr6,101
|
|
Running shoes
Nike or Adidas
|
$79.51
|
$137.74
kr19,355
|
|
Men's business shoes (leather) |
$109.59
|
$182.49
kr25,644
|
|
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