Cost of living comparison
Reykjavik is 27.8% more expensive than Albuquerque.
- Restaurants
-
pay 32.3% more in Reykjavik
- Groceries
-
pay 29.8% more in Reykjavik
- Transportation
-
pay 73.7% more in Reykjavik
- Housing
-
pay 4.0% more in Reykjavik
- Childcare
-
pay 39.8% less in Reykjavik
- Entertainment and Sports
-
pay 42.7% more in Reykjavik
- Clothing
-
pay 52.0% more in Reykjavik
The cost of transportation, clothing, entertainment and sports, restaurants, groceries, and housing in Reykjavik are more expensive than in Albuquerque.
If you lived in Reykjavik instead of Albuquerque, you would:
pay 32.3% more for restaurants
|
Albuquerque
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$18.00
|
$20.00
ISK2,796
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.00
|
$18.02
ISK2,519
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.75
|
$3.15
ISK441
|
|
| Bottle of water (11 fl. oz) |
$1.77
|
$2.19
ISK305
|
|
pay 29.8% more for groceries
|
Albuquerque
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.70
|
$3.61
ISK505
|
|
| Local cheese (8 oz) |
$6.52
|
$7.76
ISK1,084
|
|
| Milk (1 gallon) |
$3.86
|
$6.40
ISK895
|
|
|
Eggs
1 dozen
|
$3.40
|
$5.76
ISK805
|
|
| Boneless chicken breast (1 lb) |
$4.15
|
$9.45
ISK1,321
|
|
| Apples (1 lb) |
$2.21
|
$1.40
ISK196
|
|
| Bananas (1 lb) |
$0.68
|
$1.01
ISK141
|
|
| Oranges (1 lb) |
$2.43
|
$1.22
ISK170
|
|
| Tomatoes (1 lb) |
$1.79
|
$2.22
ISK311
|
|
| Potatoes (1 lb) |
$0.93
|
$1.43
ISK201
|
|
| Onions (1 lb) |
$1.29
|
$0.93
ISK131
|
|
pay 73.7% more for transportation
|
Albuquerque
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.33
|
$8.50
ISK1,188
|
|
| Monthly public transit pass | ?? |
$74.95
ISK10,477
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$32,778.08
|
$42,450.45
ISK5,933,724
|
|
| Taxi trip in downtown area (5 miles) |
$17.66
|
$24.05
ISK3,362
|
|
pay 4.0% more for housing
|
Albuquerque
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$79.54
|
$69.87
ISK9,766
|
|
| 1-Bedroom apartment in downtown area |
$1,472.67
|
$1,971.17
ISK275,530
|
|
| 1-Bedroom apartment outside city center |
$1,120.44
|
$1,803.44
ISK252,085
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$161.75
|
$53.95
ISK7,542
|
|
pay 39.8% less for childcare
|
Albuquerque
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,233.33
|
$252.14
ISK35,244
|
|
| Middle school for 1 child, two semesters |
$6,000.00
|
$5,993.99
ISK837,840
|
|
pay 42.7% more for entertainment and sports
|
Albuquerque
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$6.00
|
$10.81
ISK1,511
|
|
| Cappuccino in mid-range area |
$4.75
|
$5.31
ISK742
|
|
|
Pack of cigarettes
Marlboro or similar
|
$9.50
|
$12.25
ISK1,712
|
|
| Monthly membership at local gym |
$37.75
|
$69.95
ISK9,777
|
|
| Movie ticket to theater/cinema |
$13.75
|
$14.77
ISK2,065
|
|
pay 52.0% more for clothing
|
Albuquerque
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$56.44
|
$108.97
ISK15,232
|
|
|
Regular dress
from H&M or similar store
|
$48.75
|
$49.72
ISK6,950
|
|
|
Running shoes
Nike or Adidas
|
$100.00
|
$151.85
ISK21,226
|
|
| Men's business shoes (leather) |
$120.50
|
$194.16
ISK27,139
|
|
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