Cost of living comparison
Reykjavik is 16.4% cheaper than Cayman Islands overall.
- Restaurants
-
pay 6.7% less in Reykjavik
- Groceries
-
pay 29.2% less in Reykjavik
- Transportation
-
pay 33.9% more in Reykjavik
- Housing
-
pay 39.0% less in Reykjavik
- Childcare
-
pay 79.5% less in Reykjavik
- Entertainment and Sports
-
pay 9.5% less in Reykjavik
- Clothing
-
pay 15.4% more in Reykjavik
The cost of transportation and clothing in Reykjavik are more expensive than in Cayman Islands. Expenses including childcare, housing, groceries, entertainment and sports, and restaurants are lower in Reykjavik.
If you lived in Reykjavik instead of Cayman Islands, you would:
pay 6.7% less for restaurants
|
Cayman Islands
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$25.60
KYD21.28
|
$20.00
ISK2,664
|
|
|
Fast food combo meal
McDonalds, or similar
|
$13.32
KYD11.07
|
$18.02
ISK2,400
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.73
KYD3.10
|
$3.15
ISK420
|
|
| Bottle of water (11 fl. oz) |
$2.91
KYD2.42
|
$2.19
ISK291
|
|
pay 29.2% less for groceries
|
Cayman Islands
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.97
KYD4.13
|
$3.61
ISK481
|
|
| Local cheese (8 oz) |
$6.42
KYD5.34
|
$7.76
ISK1,033
|
|
| Milk (1 gallon) |
$10.93
KYD9.09
|
$6.40
ISK853
|
|
|
Eggs
1 dozen
|
$7.59
KYD6.31
|
$5.76
ISK767
|
|
| Boneless chicken breast (1 lb) |
$5.68
KYD4.72
|
$9.45
ISK1,258
|
|
| Apples (1 lb) |
$4.21
KYD3.50
|
$1.40
ISK187
|
|
| Bananas (1 lb) |
$2.08
KYD1.73
|
$1.01
ISK134
|
|
| Oranges (1 lb) |
$3.17
KYD2.63
|
$1.22
ISK162
|
|
| Tomatoes (1 lb) |
$3.42
KYD2.84
|
$2.22
ISK296
|
|
| Potatoes (1 lb) |
$2.38
KYD1.98
|
$1.43
ISK191
|
|
| Onions (1 lb) |
$2.38
KYD1.98
|
$0.93
ISK124
|
|
pay 33.9% more for transportation
|
Cayman Islands
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.65
KYD5.53
|
$8.50
ISK1,132
|
|
| Monthly public transit pass |
$29.82
KYD24.79
|
$74.95
ISK9,984
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,788.85
KYD29,753.02
|
$42,450.45
ISK5,654,400
|
|
| Taxi trip in downtown area (5 miles) |
$63.62
KYD52.89
|
$24.05
ISK3,204
|
|
pay 39.0% less for housing
|
Cayman Islands
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$111.35
KYD92.57
|
$69.87
ISK9,306
|
|
| 1-Bedroom apartment in downtown area |
$2,726.77
KYD2,266.90
|
$1,971.17
ISK262,560
|
|
| 1-Bedroom apartment outside city center |
$1,977.92
KYD1,644.34
|
$1,803.44
ISK240,218
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$302.47
KYD251.46
|
$53.95
ISK7,187
|
|
pay 79.5% less for childcare
|
Cayman Islands
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,465.64
KYD1,218.46
|
$252.14
ISK33,585
|
|
| Middle school for 1 child, two semesters |
$25,139.68
KYD20,899.84
|
$5,993.99
ISK798,400
|
|
pay 9.5% less for entertainment and sports
|
Cayman Islands
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$7.56
KYD6.28
|
$10.81
ISK1,440
|
|
| Cappuccino in mid-range area |
$6.41
KYD5.33
|
$5.31
ISK707
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.12
KYD10.91
|
$12.25
ISK1,631
|
|
| Monthly membership at local gym |
$138.18
KYD114.88
|
$69.95
ISK9,317
|
|
| Movie ticket to theater/cinema |
$17.89
KYD14.88
|
$14.77
ISK1,968
|
|
pay 15.4% more for clothing
|
Cayman Islands
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$89.47
KYD74.38
|
$108.97
ISK14,515
|
|
|
Regular dress
from H&M or similar store
|
$70.09
KYD58.27
|
$49.72
ISK6,623
|
|
|
Running shoes
Nike or Adidas
|
$119.30
KYD99.18
|
$151.85
ISK20,227
|
|
| Men's business shoes (leather) |
$137.19
KYD114.05
|
$194.16
ISK25,862
|
|
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