Cost of living comparison
Reykjavik is 8.0% cheaper than Washington.
If you lived in Reykjavik instead of Washington, you would:
pay 9.8% more for restaurants
|
Washington
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$25.00
|
$21.59
ISK2,962
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.00
|
$17.27
ISK2,370
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.48
|
$2.90
ISK398
|
|
| Bottle of water (11 fl. oz) |
$2.25
|
$2.07
ISK284
|
|
pay 1.7% more for groceries
|
Washington
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.88
|
$3.68
ISK506
|
|
| Local cheese (8 oz) |
$7.06
|
$7.66
ISK1,051
|
|
| Milk (1 gallon) |
$4.27
|
$6.16
ISK846
|
|
|
Eggs
1 dozen
|
$3.95
|
$5.91
ISK811
|
|
| Boneless chicken breast (1 lb) |
$5.74
|
$8.87
ISK1,218
|
|
| Apples (1 lb) |
$2.34
|
$1.53
ISK210
|
|
| Bananas (1 lb) |
$0.93
|
$0.97
ISK133
|
|
| Oranges (1 lb) |
$2.28
|
$1.26
ISK173
|
|
| Tomatoes (1 lb) |
$2.56
|
$2.23
ISK306
|
|
| Potatoes (1 lb) |
$1.57
|
$1.42
ISK194
|
|
| Onions (1 lb) |
$1.54
|
$1.01
ISK139
|
|
pay 36.8% more for transportation
|
Washington
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.64
|
$8.57
ISK1,177
|
|
| Monthly public transit pass |
$80.00
|
$66.92
ISK9,184
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,699.74
|
$41,660.67
ISK5,717,510
|
|
| Taxi trip in downtown area (5 miles) |
$20.96
|
$23.30
ISK3,197
|
|
pay 22.6% less for housing
|
Washington
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$63.57
|
$68.45
ISK9,394
|
|
| 1-Bedroom apartment in downtown area |
$2,560.23
|
$1,864.13
ISK255,834
|
|
| 1-Bedroom apartment outside city center |
$2,084.16
|
$1,666.20
ISK228,669
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$131.15
|
$64.43
ISK8,843
|
|
pay 89.0% less for childcare
|
Washington
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$2,326.57
|
$240.37
ISK32,988
|
|
| Middle school for 1 child, two semesters |
$51,000.00
|
$5,984.07
ISK821,254
|
|
pay 5.0% less for entertainment and sports
|
Washington
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$8.00
|
$10.79
ISK1,481
|
|
| Cappuccino in mid-range area |
$5.48
|
$5.09
ISK698
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.11
|
$11.87
ISK1,629
|
|
| Monthly membership at local gym |
$104.29
|
$65.50
ISK8,990
|
|
| Movie ticket to theater/cinema |
$16.68
|
$14.39
ISK1,975
|
|
pay 12.4% more for clothing
|
Washington
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$73.41
|
$103.94
ISK14,265
|
|
|
Regular dress
from H&M or similar store
|
$50.96
|
$43.50
ISK5,969
|
|
|
Running shoes
Nike or Adidas
|
$115.93
|
$141.47
ISK19,416
|
|
| Men's business shoes (leather) |
$173.48
|
$174.65
ISK23,969
|
|
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