Cost of living comparison
Reykjavik is 35.6% more expensive than Douglas.
If you lived in Reykjavik instead of Douglas, you would:
pay 36.4% more for restaurants
|
Douglas
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$23.96
£18.55
|
$21.59
ISK2,967
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.64
£6.69
|
$17.27
ISK2,374
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.15
£1.67
|
$2.90
ISK399
|
|
| Bottle of water (11 fl. oz) |
$1.72
£1.33
|
$2.07
ISK285
|
|
pay 81.0% more for groceries
|
Douglas
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.66
£1.29
|
$3.68
ISK506
|
|
| Local cheese (8 oz) |
$3.06
£2.37
|
$7.66
ISK1,052
|
|
| Milk (1 gallon) |
$5.87
£4.54
|
$6.16
ISK847
|
|
|
Eggs
1 dozen
|
$2.96
£2.29
|
$5.91
ISK813
|
|
| Boneless chicken breast (1 lb) |
$3.48
£2.69
|
$8.87
ISK1,220
|
|
| Apples (1 lb) |
$1.03
£0.80
|
$1.53
ISK210
|
|
| Bananas (1 lb) |
$0.64
£0.50
|
$0.97
ISK133
|
|
| Oranges (1 lb) |
$1.00
£0.77
|
$1.26
ISK173
|
|
| Tomatoes (1 lb) |
$1.67
£1.30
|
$2.23
ISK306
|
|
| Potatoes (1 lb) |
$0.51
£0.39
|
$1.42
ISK195
|
|
| Onions (1 lb) |
$0.82
£0.63
|
$1.01
ISK139
|
|
pay 37.5% more for transportation
|
Douglas
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.63
£5.91
|
$8.57
ISK1,179
|
|
| Monthly public transit pass |
$40.36
£31.24
|
$66.92
ISK9,198
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$31,530.42
£24,403.41
|
$41,660.67
ISK5,726,259
|
|
| Taxi trip in downtown area (5 miles) |
$16.65
£12.89
|
$23.30
ISK3,202
|
|
pay 26.2% more for housing
|
Douglas
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$60.75
£47.02
|
$68.45
ISK9,408
|
|
| 1-Bedroom apartment in downtown area |
$1,127.21
£872.42
|
$1,864.13
ISK256,225
|
|
| 1-Bedroom apartment outside city center |
$938.03
£726.00
|
$1,666.20
ISK229,019
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$130.63
£101.10
|
$64.43
ISK8,856
|
|
pay 71.6% less for childcare
|
Douglas
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,008.97
£780.91
|
$240.37
ISK33,039
|
|
| Middle school for 1 child, two semesters |
$18,077.44
£13,991.29
|
$5,984.07
ISK822,511
|
|
pay 40.4% more for entertainment and sports
|
Douglas
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.79
£3.71
|
$10.79
ISK1,483
|
|
| Cappuccino in mid-range area |
$4.18
£3.23
|
$5.09
ISK699
|
|
|
Pack of cigarettes
Marlboro or similar
|
$15.13
£11.71
|
$11.87
ISK1,632
|
|
| Monthly membership at local gym |
$43.72
£33.84
|
$65.50
ISK9,003
|
|
| Movie ticket to theater/cinema |
$11.35
£8.79
|
$14.39
ISK1,978
|
|
pay 99.2% more for clothing
|
Douglas
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$52.97
£41.00
|
$103.94
ISK14,287
|
|
|
Regular dress
from H&M or similar store
|
$34.05
£26.36
|
$43.50
ISK5,978
|
|
|
Running shoes
Nike or Adidas
|
$64.95
£50.27
|
$141.47
ISK19,445
|
|
| Men's business shoes (leather) |
$68.53
£53.04
|
$174.65
ISK24,006
|
|
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