Cost of living comparison
Reykjavik is 8.4% more expensive than Charlotte.
- Restaurants
-
pay 38.6% more in Reykjavik
- Groceries
-
pay 0.3% less in Reykjavik
- Transportation
-
pay 41.3% more in Reykjavik
- Housing
-
pay 16.4% less in Reykjavik
- Childcare
-
pay 78.5% less in Reykjavik
- Entertainment and Sports
-
pay 32.1% more in Reykjavik
- Clothing
-
pay 42.0% more in Reykjavik
The cost of clothing, transportation, restaurants, and entertainment and sports in Reykjavik are more expensive than in Charlotte. Expenses including childcare, housing, and groceries are lower in Reykjavik.
If you lived in Reykjavik instead of Charlotte, you would:
pay 38.6% more for restaurants
|
Charlotte
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
|
$20.00
ISK2,796
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.00
|
$18.02
ISK2,519
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.51
|
$3.15
ISK441
|
|
| Bottle of water (11 fl. oz) |
$1.98
|
$2.19
ISK305
|
|
pay 0.3% less for groceries
|
Charlotte
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.82
|
$3.61
ISK505
|
|
| Local cheese (8 oz) |
$7.85
|
$7.76
ISK1,084
|
|
| Milk (1 gallon) |
$3.98
|
$6.40
ISK895
|
|
|
Eggs
1 dozen
|
$3.89
|
$5.76
ISK805
|
|
| Boneless chicken breast (1 lb) |
$6.67
|
$9.45
ISK1,321
|
|
| Apples (1 lb) |
$3.30
|
$1.40
ISK196
|
|
| Bananas (1 lb) |
$0.82
|
$1.01
ISK141
|
|
| Oranges (1 lb) |
$2.74
|
$1.22
ISK170
|
|
| Tomatoes (1 lb) |
$2.11
|
$2.22
ISK311
|
|
| Potatoes (1 lb) |
$1.94
|
$1.43
ISK201
|
|
| Onions (1 lb) |
$1.46
|
$0.93
ISK131
|
|
pay 41.3% more for transportation
|
Charlotte
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.25
|
$8.50
ISK1,188
|
|
| Monthly public transit pass |
$99.00
|
$74.95
ISK10,477
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$34,689.37
|
$42,450.45
ISK5,933,724
|
|
| Taxi trip in downtown area (5 miles) |
$22.88
|
$24.05
ISK3,362
|
|
pay 16.4% less for housing
|
Charlotte
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$76.11
|
$69.87
ISK9,766
|
|
| 1-Bedroom apartment in downtown area |
$1,996.88
|
$1,971.17
ISK275,530
|
|
| 1-Bedroom apartment outside city center |
$1,690.12
|
$1,803.44
ISK252,085
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$144.77
|
$53.95
ISK7,542
|
|
pay 78.5% less for childcare
|
Charlotte
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,270.00
|
$252.14
ISK35,244
|
|
| Middle school for 1 child, two semesters |
$25,900.00
|
$5,993.99
ISK837,840
|
|
pay 32.1% more for entertainment and sports
|
Charlotte
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$6.00
|
$10.81
ISK1,511
|
|
| Cappuccino in mid-range area |
$4.81
|
$5.31
ISK742
|
|
|
Pack of cigarettes
Marlboro or similar
|
$8.50
|
$12.25
ISK1,712
|
|
| Monthly membership at local gym |
$52.38
|
$69.95
ISK9,777
|
|
| Movie ticket to theater/cinema |
$16.00
|
$14.77
ISK2,065
|
|
pay 42.0% more for clothing
|
Charlotte
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$57.91
|
$108.97
ISK15,232
|
|
|
Regular dress
from H&M or similar store
|
$47.71
|
$49.72
ISK6,950
|
|
|
Running shoes
Nike or Adidas
|
$112.67
|
$151.85
ISK21,226
|
|
| Men's business shoes (leather) |
$137.67
|
$194.16
ISK27,139
|
|
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