Cost of living comparison
Reykjavik is 31.7% more expensive than Belgium overall.
- Restaurants
-
pay 18.4% more in Reykjavik
- Groceries
-
pay 48.2% more in Reykjavik
- Transportation
-
pay 33.5% more in Reykjavik
- Housing
-
pay 68.6% more in Reykjavik
- Childcare
-
pay 55.6% less in Reykjavik
- Entertainment and Sports
-
pay 69.6% more in Reykjavik
- Clothing
-
pay 38.9% more in Reykjavik
The cost of entertainment and sports, housing, groceries, clothing, transportation, and restaurants in Reykjavik are more expensive than in Belgium.
If you lived in Reykjavik instead of Belgium, you would:
pay 18.4% more for restaurants
|
Belgium
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.07
€18.60
|
$20.00
ISK2,825
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.84
€10.57
|
$18.02
ISK2,545
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.78
€2.71
|
$3.15
ISK445
|
|
| Bottle of water (11 fl. oz) |
$2.46
€2.40
|
$2.19
ISK309
|
|
pay 48.2% more for groceries
|
Belgium
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.28
€2.22
|
$3.61
ISK510
|
|
| Local cheese (8 oz) |
$6.70
€6.53
|
$7.76
ISK1,096
|
|
| Milk (1 gallon) |
$4.44
€4.33
|
$6.40
ISK905
|
|
|
Eggs
1 dozen
|
$3.43
€3.34
|
$5.76
ISK813
|
|
| Boneless chicken breast (1 lb) |
$4.78
€4.66
|
$9.45
ISK1,334
|
|
| Apples (1 lb) |
$1.11
€1.08
|
$1.40
ISK198
|
|
| Bananas (1 lb) |
$0.89
€0.87
|
$1.01
ISK143
|
|
| Oranges (1 lb) |
$1.07
€1.05
|
$1.22
ISK172
|
|
| Tomatoes (1 lb) |
$1.16
€1.13
|
$2.22
ISK314
|
|
| Potatoes (1 lb) |
$0.83
€0.81
|
$1.43
ISK203
|
|
| Onions (1 lb) |
$0.73
€0.71
|
$0.93
ISK132
|
|
pay 33.5% more for transportation
|
Belgium
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.91
€6.74
|
$8.50
ISK1,201
|
|
| Monthly public transit pass |
$45.41
€44.29
|
$74.95
ISK10,587
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$27,628.35
€26,942.67
|
$42,450.45
ISK5,995,702
|
|
| Taxi trip in downtown area (5 miles) |
$26.01
€25.37
|
$24.05
ISK3,397
|
|
pay 68.6% more for housing
|
Belgium
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$49.35
€48.13
|
$69.87
ISK9,868
|
|
| 1-Bedroom apartment in downtown area |
$815.11
€794.88
|
$1,971.17
ISK278,408
|
|
| 1-Bedroom apartment outside city center |
$705.09
€687.59
|
$1,803.44
ISK254,718
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$154.10
€150.28
|
$53.95
ISK7,620
|
|
pay 55.6% less for childcare
|
Belgium
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$557.50
€543.66
|
$252.14
ISK35,612
|
|
| Middle school for 1 child, two semesters |
$13,740.85
€13,399.83
|
$5,993.99
ISK846,592
|
|
pay 69.6% more for entertainment and sports
|
Belgium
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.34
€4.23
|
$10.81
ISK1,527
|
|
| Cappuccino in mid-range area |
$3.51
€3.42
|
$5.31
ISK749
|
|
|
Pack of cigarettes
Marlboro or similar
|
$9.08
€8.86
|
$12.25
ISK1,729
|
|
| Monthly membership at local gym |
$36.02
€35.13
|
$69.95
ISK9,879
|
|
| Movie ticket to theater/cinema |
$12.48
€12.17
|
$14.77
ISK2,087
|
|
pay 38.9% more for clothing
|
Belgium
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$92.82
€90.52
|
$108.97
ISK15,391
|
|
|
Regular dress
from H&M or similar store
|
$43.31
€42.23
|
$49.72
ISK7,023
|
|
|
Running shoes
Nike or Adidas
|
$90.40
€88.15
|
$151.85
ISK21,448
|
|
| Men's business shoes (leather) |
$125.11
€122.00
|
$194.16
ISK27,423
|
|
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