Cost of living comparison
Reykjavik is 2.8 times more expensive than Baku.
If you lived in Reykjavik instead of Baku, you would:
pay 3.5 times more for restaurants
|
Baku
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$10.00
AZN17.00
|
$21.59
ISK2,967
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.65
AZN13.00
|
$17.27
ISK2,374
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.68
AZN1.16
|
$2.90
ISK399
|
|
| Bottle of water (11 fl. oz) |
$0.38
AZN0.65
|
$2.07
ISK285
|
|
pay 3.5 times more for groceries
|
Baku
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.46
AZN0.77
|
$3.68
ISK506
|
|
| Local cheese (8 oz) |
$2.72
AZN4.63
|
$7.66
ISK1,052
|
|
| Milk (1 gallon) |
$5.25
AZN8.93
|
$6.16
ISK847
|
|
|
Eggs
1 dozen
|
$1.54
AZN2.62
|
$5.91
ISK813
|
|
| Boneless chicken breast (1 lb) |
$2.07
AZN3.51
|
$8.87
ISK1,220
|
|
| Apples (1 lb) |
$0.48
AZN0.81
|
$1.53
ISK210
|
|
| Bananas (1 lb) |
$0.77
AZN1.31
|
$0.97
ISK133
|
|
| Oranges (1 lb) |
$0.66
AZN1.12
|
$1.26
ISK173
|
|
| Tomatoes (1 lb) |
$0.77
AZN1.31
|
$2.23
ISK306
|
|
| Potatoes (1 lb) |
$0.29
AZN0.50
|
$1.42
ISK195
|
|
| Onions (1 lb) |
$0.23
AZN0.39
|
$1.01
ISK139
|
|
pay 3.2 times more for transportation
|
Baku
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$2.58
AZN4.38
|
$8.57
ISK1,179
|
|
| Monthly public transit pass |
$17.65
AZN30.00
|
$66.92
ISK9,198
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$20,588.24
AZN35,000.00
|
$41,660.67
ISK5,726,259
|
|
| Taxi trip in downtown area (5 miles) |
$6.18
AZN10.50
|
$23.30
ISK3,202
|
|
pay 4.1 times more for housing
|
Baku
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$14.28
AZN24.28
|
$68.45
ISK9,408
|
|
| 1-Bedroom apartment in downtown area |
$481.00
AZN817.69
|
$1,864.13
ISK256,225
|
|
| 1-Bedroom apartment outside city center |
$270.59
AZN460.00
|
$1,666.20
ISK229,019
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$45.42
AZN77.22
|
$64.43
ISK8,856
|
|
pay 1.4% more for childcare
|
Baku
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$232.09
AZN394.55
|
$240.37
ISK33,039
|
|
| Middle school for 1 child, two semesters |
$6,029.41
AZN10,250.00
|
$5,984.07
ISK822,511
|
|
pay 3.2 times more for entertainment and sports
|
Baku
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.47
AZN2.50
|
$10.79
ISK1,483
|
|
| Cappuccino in mid-range area |
$3.46
AZN5.89
|
$5.09
ISK699
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.53
AZN6.00
|
$11.87
ISK1,632
|
|
| Monthly membership at local gym |
$50.86
AZN86.47
|
$65.50
ISK9,003
|
|
| Movie ticket to theater/cinema |
$5.88
AZN10.00
|
$14.39
ISK1,978
|
|
pay 40.6% more for clothing
|
Baku
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$59.46
AZN101.08
|
$103.94
ISK14,287
|
|
|
Regular dress
from H&M or similar store
|
$52.78
AZN89.73
|
$43.50
ISK5,978
|
|
|
Running shoes
Nike or Adidas
|
$122.21
AZN207.76
|
$141.47
ISK19,445
|
|
| Men's business shoes (leather) |
$92.12
AZN156.60
|
$174.65
ISK24,006
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Reykjavik or Baku. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.