Cost of living comparison
Reykjavik is 1.5% more expensive than Washington.
If you lived in Reykjavik instead of Washington, you would:
pay 11.7% more for restaurants
|
Washington
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
|
$18.40
kr2,511
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.00
|
$15.62
kr2,132
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.43
|
$2.53
kr346
|
|
| Bottle of water (11 fl. oz) |
$2.15
|
$2.03
kr276
|
|
pay 0.3% less for groceries
|
Washington
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.28
|
$3.40
kr465
|
|
| Local cheese (8 oz) |
$6.60
|
$7.20
kr982
|
|
| Milk (1 gallon) |
$3.86
|
$5.90
kr804
|
|
|
Eggs
1 dozen
|
$4.04
|
$5.64
kr770
|
|
| Boneless chicken breast (1 lb) |
$5.10
|
$8.08
kr1,103
|
|
| Apples (1 lb) |
$2.38
|
$1.57
kr214
|
|
| Bananas (1 lb) |
$0.98
|
$0.93
kr127
|
|
| Oranges (1 lb) |
$2.36
|
$1.23
kr168
|
|
| Tomatoes (1 lb) |
$2.67
|
$2.22
kr302
|
|
| Potatoes (1 lb) |
$1.51
|
$1.24
kr170
|
|
| Onions (1 lb) |
$1.30
|
$0.69
kr94
|
|
pay 60.8% more for transportation
|
Washington
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.76
|
$8.90
kr1,214
|
|
| Monthly public transit pass |
$100.00
|
$65.56
kr8,946
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$24,190.00
|
$37,150.35
kr5,069,537
|
|
| Taxi trip in downtown area (5 miles) |
$15.74
|
$29.44
kr4,018
|
|
pay 22.1% less for housing
|
Washington
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$55.10
|
$64.04
kr8,739
|
|
| 1-Bedroom apartment in downtown area |
$2,358.41
|
$1,613.16
kr220,132
|
|
| 1-Bedroom apartment outside city center |
$1,908.82
|
$1,379.70
kr188,274
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$127.27
|
$69.31
kr9,459
|
|
pay 80.7% less for childcare
|
Washington
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$2,135.91
|
$282.44
kr38,541
|
|
| Middle school for 1 child, two semesters |
$23,775.60
|
$6,058.18
kr826,699
|
|
pay 0.5% more for entertainment and sports
|
Washington
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$7.00
|
$9.47
kr1,292
|
|
| Cappuccino in mid-range area |
$4.96
|
$4.53
kr618
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.00
|
$11.66
kr1,590
|
|
| Monthly membership at local gym |
$93.33
|
$67.30
kr9,184
|
|
| Movie ticket to theater/cinema |
$14.00
|
$13.66
kr1,864
|
|
pay 40.8% more for clothing
|
Washington
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$58.02
|
$108.17
kr14,760
|
|
|
Regular dress
from H&M or similar store
|
$34.73
|
$43.41
kr5,924
|
|
|
Running shoes
Nike or Adidas
|
$97.79
|
$137.74
kr18,796
|
|
| Men's business shoes (leather) |
$164.61
|
$182.49
kr24,903
|
|
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