Cost of living comparison
Reykjavik is 21.2% more expensive than Douglas.
If you lived in Reykjavik instead of Douglas, you would:
pay 28.4% more for restaurants
Douglas
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$25.83
£20.47
|
$20.00
ISK2,753
|
|
Fast food combo meal
McDonalds, or similar
|
$9.04
£7.16
|
$18.02
ISK2,480
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.62
£2.08
|
$3.15
ISK434
|
|
Bottle of water (11 fl. oz) |
$1.87
£1.48
|
$2.19
ISK301
|
|
pay 57.5% more for groceries
Douglas
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$1.91
£1.51
|
$3.61
ISK497
|
|
Local cheese (8 oz) |
$3.41
£2.71
|
$7.76
ISK1,068
|
|
Milk (1 gallon) |
$6.95
£5.51
|
$6.40
ISK882
|
|
Eggs
1 dozen
|
$3.74
£2.96
|
$5.76
ISK792
|
|
Boneless chicken breast (1 lb) |
$3.80
£3.01
|
$9.45
ISK1,300
|
|
Apples (1 lb) |
$1.13
£0.89
|
$1.40
ISK193
|
|
Bananas (1 lb) |
$0.74
£0.58
|
$1.01
ISK139
|
|
Oranges (1 lb) |
$1.03
£0.81
|
$1.22
ISK168
|
|
Tomatoes (1 lb) |
$1.36
£1.08
|
$2.22
ISK306
|
|
Potatoes (1 lb) |
$0.74
£0.59
|
$1.43
ISK197
|
|
Onions (1 lb) |
$1.10
£0.87
|
$0.93
ISK129
|
|
pay 21.6% more for transportation
Douglas
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$7.66
£6.07
|
$8.50
ISK1,170
|
|
Monthly public transit pass |
$72.11
£57.15
|
$74.95
ISK10,318
|
|
New Volkswagen Golf 1.4 (standard edition) |
$32,288.44
£25,589.20
|
$42,450.45
ISK5,843,304
|
|
Taxi trip in downtown area (5 miles) |
$17.18
£13.61
|
$24.05
ISK3,311
|
|
pay 20.2% more for housing
Douglas
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$68.19
£54.04
|
$69.87
ISK9,617
|
|
1-Bedroom apartment in downtown area |
$1,183.91
£938.27
|
$1,971.17
ISK271,332
|
|
1-Bedroom apartment outside city center |
$968.65
£767.68
|
$1,803.44
ISK248,243
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$209.19
£165.79
|
$53.95
ISK7,427
|
|
pay 73.0% less for childcare
Douglas
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$1,174.87
£931.11
|
$252.14
ISK34,707
|
|
Middle school for 1 child, two semesters |
$18,512.04
£14,671.14
|
$5,993.99
ISK825,073
|
|
pay 17.3% more for entertainment and sports
Douglas
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$6.33
£5.02
|
$10.81
ISK1,488
|
|
Cappuccino in mid-range area |
$5.05
£4.00
|
$5.31
ISK730
|
|
Pack of cigarettes
Marlboro or similar
|
$21.31
£16.89
|
$12.25
ISK1,686
|
|
Monthly membership at local gym |
$52.74
£41.80
|
$69.95
ISK9,628
|
|
Movie ticket to theater/cinema |
$12.27
£9.72
|
$14.77
ISK2,034
|
|
pay 76.1% more for clothing
Douglas
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$80.51
£63.80
|
$108.97
ISK15,000
|
|
Regular dress
from H&M or similar store
|
$39.71
£31.47
|
$49.72
ISK6,844
|
|
Running shoes
Nike or Adidas
|
$90.84
£71.99
|
$151.85
ISK20,903
|
|
Men's business shoes (leather) |
$70.17
£55.61
|
$194.16
ISK26,726
|
|
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