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
£20.56
|
$20.00
ISK2,783
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.04
£7.19
|
$18.02
ISK2,507
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.62
£2.09
|
$3.15
ISK439
|
|
| Bottle of water (11 fl. oz) |
$1.87
£1.49
|
$2.19
ISK304
|
|
pay 57.5% more for groceries
|
Douglas
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.91
£1.52
|
$3.61
ISK502
|
|
| Local cheese (8 oz) |
$3.41
£2.72
|
$7.76
ISK1,079
|
|
| Milk (1 gallon) |
$6.95
£5.53
|
$6.40
ISK891
|
|
|
Eggs
1 dozen
|
$3.74
£2.97
|
$5.76
ISK801
|
|
| Boneless chicken breast (1 lb) |
$3.80
£3.02
|
$9.45
ISK1,314
|
|
| Apples (1 lb) |
$1.13
£0.90
|
$1.40
ISK195
|
|
| Bananas (1 lb) |
$0.74
£0.59
|
$1.01
ISK140
|
|
| Oranges (1 lb) |
$1.03
£0.82
|
$1.22
ISK169
|
|
| Tomatoes (1 lb) |
$1.36
£1.09
|
$2.22
ISK309
|
|
| Potatoes (1 lb) |
$0.74
£0.59
|
$1.43
ISK200
|
|
| Onions (1 lb) |
$1.10
£0.87
|
$0.93
ISK130
|
|
pay 21.6% more for transportation
|
Douglas
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.66
£6.09
|
$8.50
ISK1,183
|
|
| Monthly public transit pass |
$72.11
£57.38
|
$74.95
ISK10,428
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$32,288.44
£25,694.07
|
$42,450.45
ISK5,906,131
|
|
| Taxi trip in downtown area (5 miles) |
$17.18
£13.67
|
$24.05
ISK3,346
|
|
pay 20.2% more for housing
|
Douglas
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$68.19
£54.27
|
$69.87
ISK9,720
|
|
| 1-Bedroom apartment in downtown area |
$1,183.91
£942.12
|
$1,971.17
ISK274,249
|
|
| 1-Bedroom apartment outside city center |
$968.65
£770.82
|
$1,803.44
ISK250,913
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$209.19
£166.47
|
$53.95
ISK7,507
|
|
pay 73.0% less for childcare
|
Douglas
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,174.87
£934.92
|
$252.14
ISK35,080
|
|
| Middle school for 1 child, two semesters |
$18,512.04
£14,731.27
|
$5,993.99
ISK833,944
|
|
pay 17.3% more for entertainment and sports
|
Douglas
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$6.33
£5.04
|
$10.81
ISK1,504
|
|
| Cappuccino in mid-range area |
$5.05
£4.02
|
$5.31
ISK738
|
|
|
Pack of cigarettes
Marlboro or similar
|
$21.31
£16.96
|
$12.25
ISK1,704
|
|
| Monthly membership at local gym |
$52.74
£41.97
|
$69.95
ISK9,732
|
|
| Movie ticket to theater/cinema |
$12.27
£9.76
|
$14.77
ISK2,056
|
|
pay 76.1% more for clothing
|
Douglas
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$80.51
£64.06
|
$108.97
ISK15,161
|
|
|
Regular dress
from H&M or similar store
|
$39.71
£31.60
|
$49.72
ISK6,918
|
|
|
Running shoes
Nike or Adidas
|
$90.84
£72.29
|
$151.85
ISK21,127
|
|
| Men's business shoes (leather) |
$70.17
£55.84
|
$194.16
ISK27,013
|
|
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