Cost of living comparison

compared to

Reykjavik is 5.3% cheaper than Boston.

If you lived in Reykjavik instead of Boston, you would:

Display currency: USD

pay 5.1% more for restaurants

 
Boston
Reykjavik
Basic meal with drink at inexpensive restaurant $22.00
 
$20.00
ISK2,783
Fast food combo meal
McDonalds, or similar
$12.55
 
$18.02
ISK2,507
Bottle of Coca-Cola (11 fl. oz) $3.14
 
$3.15
ISK439

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pay 12.7% less for groceries

 
Boston
Reykjavik
Bread
1 loaf
$4.39
 
$3.61
ISK502
Local cheese (8 oz) $9.48
 
$7.76
ISK1,079
Milk (1 gallon) $4.97
 
$6.40
ISK891

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pay 48.6% more for transportation

 
Boston
Reykjavik
Gasoline (1 gallon) $3.64
 
$8.50
ISK1,183
Monthly public transit pass $90.00
 
$74.95
ISK10,428
New Volkswagen Golf 1.4 (standard edition) $32,000.00
 
$42,450.45
ISK5,906,131

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pay 32.9% less for housing

 
Boston
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$70.88
 
$69.87
ISK9,720
1-Bedroom apartment in downtown area $3,280.96
 
$1,971.17
ISK274,249
1-Bedroom apartment outside city center $2,453.85
 
$1,803.44
ISK250,913

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pay 82.8% less for childcare

 
Boston
Reykjavik
Private preschool for 1 child, monthly $2,428.57
 
$252.14
ISK35,080
Middle school for 1 child, two semesters $25,000.00
 
$5,993.99
ISK833,944

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pay 2.3% less for entertainment and sports

 
Boston
Reykjavik
Domestic/local beer (1 pint) $8.00
 
$10.81
ISK1,504
Cappuccino in mid-range area $5.79
 
$5.31
ISK738
Pack of cigarettes
Marlboro or similar
$13.83
 
$12.25
ISK1,704

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pay 40.2% more for clothing

 
Boston
Reykjavik
Regular jeans
Levi's brand
$64.32
 
$108.97
ISK15,161
Regular dress
from H&M or similar store
$43.83
 
$49.72
ISK6,918
Running shoes
Nike or Adidas
$98.17
 
$151.85
ISK21,127

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: December 2024
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