Cost of living comparison
Reykjavik is 50.3% more expensive than Albufeira.
- Restaurants
-
pay 91.7% more in Reykjavik
- Groceries
-
pay 78.7% more in Reykjavik
- Transportation
-
pay 60.6% more in Reykjavik
- Housing
-
pay 11.2% more in Reykjavik
- Childcare
-
pay 49.1% less in Reykjavik
- Entertainment and Sports
-
pay 2.5 times more in Reykjavik
- Clothing
-
pay 12.1% more in Reykjavik
The cost of entertainment and sports, restaurants, groceries, transportation, clothing, and housing in Reykjavik are more expensive than in Albufeira. Notably, entertainment and sports, restaurants, and groceries are significantly more expensive in Reykjavik.
If you lived in Reykjavik instead of Albufeira, you would:
pay 91.7% more for restaurants
|
Albufeira
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$12.45
€10.80
|
$20.00
ISK2,482
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.57
€7.44
|
$18.02
ISK2,236
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.66
€1.44
|
$3.15
ISK391
|
|
| Bottle of water (11 fl. oz) |
$1.06
€0.92
|
$2.19
ISK271
|
|
pay 78.7% more for groceries
|
Albufeira
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.13
€0.98
|
$3.61
ISK448
|
|
| Local cheese (8 oz) |
$6.87
€5.96
|
$7.76
ISK963
|
|
| Milk (1 gallon) |
$3.69
€3.20
|
$6.40
ISK795
|
|
|
Eggs
1 dozen
|
$2.93
€2.54
|
$5.76
ISK714
|
|
| Boneless chicken breast (1 lb) |
$3.22
€2.80
|
$9.45
ISK1,172
|
|
| Apples (1 lb) |
$1.10
€0.95
|
$1.40
ISK174
|
|
| Bananas (1 lb) |
$0.60
€0.52
|
$1.01
ISK125
|
|
| Oranges (1 lb) |
$0.82
€0.71
|
$1.22
ISK151
|
|
| Tomatoes (1 lb) |
$1.26
€1.10
|
$2.22
ISK276
|
|
| Potatoes (1 lb) |
$0.76
€0.66
|
$1.43
ISK178
|
|
| Onions (1 lb) |
$1.49
€1.29
|
$0.93
ISK116
|
|
pay 60.6% more for transportation
|
Albufeira
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.72
€5.83
|
$8.50
ISK1,055
|
|
| Monthly public transit pass |
$53.59
€46.50
|
$74.95
ISK9,302
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$32,152.89
€27,899.61
|
$42,450.45
ISK5,268,101
|
|
| Taxi trip in downtown area (5 miles) |
$9.86
€8.56
|
$24.05
ISK2,985
|
|
pay 11.2% more for housing
|
Albufeira
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$46.80
€40.61
|
$69.87
ISK8,670
|
|
| 1-Bedroom apartment in downtown area |
$1,661.23
€1,441.48
|
$1,971.17
ISK244,622
|
|
| 1-Bedroom apartment outside city center |
$1,303.98
€1,131.48
|
$1,803.44
ISK223,807
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$139.33
€120.90
|
$53.95
ISK6,696
|
|
pay 49.1% less for childcare
|
Albufeira
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$428.71
€371.99
|
$252.14
ISK31,291
|
|
| Middle school for 1 child, two semesters |
$13,932.92
€12,089.83
|
$5,993.99
ISK743,855
|
|
pay 2.5 times more for entertainment and sports
|
Albufeira
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.41
€2.09
|
$10.81
ISK1,342
|
|
| Cappuccino in mid-range area |
$2.14
€1.86
|
$5.31
ISK658
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.00
€5.21
|
$12.25
ISK1,520
|
|
| Monthly membership at local gym |
$50.64
€43.94
|
$69.95
ISK8,680
|
|
| Movie ticket to theater/cinema |
$7.50
€6.51
|
$14.77
ISK1,834
|
|
pay 12.1% more for clothing
|
Albufeira
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$102.89
€89.28
|
$108.97
ISK13,523
|
|
|
Regular dress
from H&M or similar store
|
$65.00
€56.40
|
$49.72
ISK6,170
|
|
|
Running shoes
Nike or Adidas
|
$100.03
€86.80
|
$151.85
ISK18,845
|
|
| Men's business shoes (leather) |
$169.70
€147.25
|
$194.16
ISK24,095
|
|
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