Cost of living comparison
Reykjavik is 44.1% more expensive than Fayetteville.
- Restaurants
-
pay 49.2% more in Reykjavik
- Groceries
-
pay 42.6% more in Reykjavik
- Transportation
-
pay 95.5% more in Reykjavik
- Housing
-
pay 13.0% less in Reykjavik
- Childcare
-
pay 79.0% less in Reykjavik
- Entertainment and Sports
-
pay 86.5% more in Reykjavik
- Clothing
-
pay 2.3 times more in Reykjavik
The cost of clothing, transportation, entertainment and sports, restaurants, and groceries in Reykjavik are more expensive than in Fayetteville. Expenses including childcare and housing are lower in Reykjavik. Notably, clothing, transportation, and entertainment and sports are significantly more expensive in Reykjavik.
If you lived in Reykjavik instead of Fayetteville, you would:
pay 49.2% more for restaurants
|
Fayetteville
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$14.00
|
$20.00
ISK2,796
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.00
|
$18.02
ISK2,519
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.23
|
$3.15
ISK441
|
|
| Bottle of water (11 fl. oz) |
$1.65
|
$2.19
ISK305
|
|
pay 42.6% more for groceries
|
Fayetteville
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.13
|
$3.61
ISK505
|
|
| Local cheese (8 oz) |
$3.49
|
$7.76
ISK1,084
|
|
| Milk (1 gallon) |
$3.27
|
$6.40
ISK895
|
|
|
Eggs
1 dozen
|
$2.46
|
$5.76
ISK805
|
|
| Boneless chicken breast (1 lb) |
$5.47
|
$9.45
ISK1,321
|
|
| Apples (1 lb) |
$2.33
|
$1.40
ISK196
|
|
| Bananas (1 lb) |
$1.00
|
$1.01
ISK141
|
|
| Oranges (1 lb) |
$1.25
|
$1.22
ISK170
|
|
| Tomatoes (1 lb) |
$1.31
|
$2.22
ISK311
|
|
| Potatoes (1 lb) |
$1.74
|
$1.43
ISK201
|
|
| Onions (1 lb) |
$0.79
|
$0.93
ISK131
|
|
pay 95.5% more for transportation
|
Fayetteville
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.16
|
$8.50
ISK1,188
|
|
| Monthly public transit pass | ?? |
$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) | ?? |
$24.05
ISK3,362
|
|
pay 13.0% less for housing
|
Fayetteville
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$78.75
|
$69.87
ISK9,766
|
|
| 1-Bedroom apartment in downtown area |
$1,500.00
|
$1,971.17
ISK275,530
|
|
| 1-Bedroom apartment outside city center | ?? |
$1,803.44
ISK252,085
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$131.70
|
$53.95
ISK7,542
|
|
pay 79.0% less for childcare
|
Fayetteville
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,200.00
|
$252.14
ISK35,244
|
|
| Middle school for 1 child, two semesters | ?? |
$5,993.99
ISK837,840
|
|
pay 86.5% more for entertainment and sports
|
Fayetteville
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.00
|
$10.81
ISK1,511
|
|
| Cappuccino in mid-range area |
$5.20
|
$5.31
ISK742
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.00
|
$12.25
ISK1,712
|
|
| Monthly membership at local gym |
$30.00
|
$69.95
ISK9,777
|
|
| Movie ticket to theater/cinema |
$12.00
|
$14.77
ISK2,065
|
|
pay 2.3 times more for clothing
|
Fayetteville
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$46.25
|
$108.97
ISK15,232
|
|
|
Regular dress
from H&M or similar store
|
$22.33
|
$49.72
ISK6,950
|
|
|
Running shoes
Nike or Adidas
|
$67.00
|
$151.85
ISK21,226
|
|
| Men's business shoes (leather) |
$86.67
|
$194.16
ISK27,139
|
|
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