Cost of living comparison
Reykjavik is 22.4% more expensive than Albany.
- Restaurants
-
pay 58.0% more in Reykjavik
- Groceries
-
pay 34.4% more in Reykjavik
- Transportation
-
pay 79.4% more in Reykjavik
- Housing
-
pay 34.3% more in Reykjavik
- Childcare
-
pay 83.3% less in Reykjavik
- Entertainment and Sports
-
pay 11.6% more in Reykjavik
The cost of transportation, restaurants, groceries, housing, and entertainment and sports in Reykjavik are more expensive than in Albany. Notably, transportation is significantly more expensive in Reykjavik.
If you lived in Reykjavik instead of Albany, you would:
pay 58.0% more for restaurants
|
Albany
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$14.83
A$24.12
|
$20.00
ISK2,825
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.91
A$12.87
|
$18.02
ISK2,545
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.31
A$3.75
|
$3.15
ISK445
|
|
| Bottle of water (11 fl. oz) |
$1.65
A$2.68
|
$2.19
ISK309
|
|
pay 34.4% more for groceries
|
Albany
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.45
A$2.36
|
$3.61
ISK510
|
|
| Local cheese (8 oz) | ?? |
$7.76
ISK1,096
|
|
| Milk (1 gallon) |
$4.86
A$7.91
|
$6.40
ISK905
|
|
|
Eggs
1 dozen
|
$3.95
A$6.43
|
$5.76
ISK813
|
|
| Boneless chicken breast (1 lb) | ?? |
$9.45
ISK1,334
|
|
| Apples (1 lb) |
$1.48
A$2.41
|
$1.40
ISK198
|
|
| Bananas (1 lb) |
$1.18
A$1.92
|
$1.01
ISK143
|
|
| Oranges (1 lb) | ?? |
$1.22
ISK172
|
|
| Tomatoes (1 lb) |
$1.79
A$2.92
|
$2.22
ISK314
|
|
| Potatoes (1 lb) |
$1.20
A$1.95
|
$1.43
ISK203
|
|
| Onions (1 lb) |
$0.75
A$1.22
|
$0.93
ISK132
|
|
pay 79.4% more for transportation
|
Albany
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.74
A$7.71
|
$8.50
ISK1,201
|
|
| Monthly public transit pass | ?? |
$74.95
ISK10,587
|
|
| New Volkswagen Golf 1.4 (standard edition) | ?? |
$42,450.45
ISK5,995,702
|
|
| Taxi trip in downtown area (5 miles) | ?? |
$24.05
ISK3,397
|
|
pay 34.3% more for housing
|
Albany
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$35.92
A$58.43
|
$69.87
ISK9,868
|
|
| 1-Bedroom apartment in downtown area | ?? |
$1,971.17
ISK278,408
|
|
| 1-Bedroom apartment outside city center | ?? |
$1,803.44
ISK254,718
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$72.80
A$118.44
|
$53.95
ISK7,620
|
|
pay 83.3% less for childcare
|
Albany
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly | ?? |
$252.14
ISK35,612
|
|
| Middle school for 1 child, two semesters |
$35,806.41
A$58,250.22
|
$5,993.99
ISK846,592
|
|
pay 11.6% more for entertainment and sports
|
Albany
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$7.58
A$12.33
|
$10.81
ISK1,527
|
|
| Cappuccino in mid-range area |
$3.95
A$6.43
|
$5.31
ISK749
|
|
|
Pack of cigarettes
Marlboro or similar
|
$21.09
A$34.31
|
$12.25
ISK1,729
|
|
| Monthly membership at local gym | ?? |
$69.95
ISK9,879
|
|
| Movie ticket to theater/cinema | ?? |
$14.77
ISK2,087
|
|
pay (unknown) more for clothing
|
Albany
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
?? |
$108.97
ISK15,391
|
|
|
Regular dress
from H&M or similar store
|
?? |
$49.72
ISK7,023
|
|
|
Running shoes
Nike or Adidas
|
?? |
$151.85
ISK21,448
|
|
| Men's business shoes (leather) | ?? |
$194.16
ISK27,423
|
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