Cost of living comparison
Reykjavik is 22.0% more expensive than Frankfurt.
If you lived in Reykjavik instead of Frankfurt, you would:
pay 19.6% more for restaurants
|
Frankfurt
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$17.33
€15.93
|
$21.59
ISK2,967
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.75
€8.96
|
$17.27
ISK2,374
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.89
€2.66
|
$2.90
ISK399
|
|
| Bottle of water (11 fl. oz) |
$2.72
€2.50
|
$2.07
ISK285
|
|
pay 45.1% more for groceries
|
Frankfurt
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.13
€1.96
|
$3.68
ISK506
|
|
| Local cheese (8 oz) |
$6.78
€6.23
|
$7.66
ISK1,052
|
|
| Milk (1 gallon) |
$4.49
€4.13
|
$6.16
ISK847
|
|
|
Eggs
1 dozen
|
$3.69
€3.39
|
$5.91
ISK813
|
|
| Boneless chicken breast (1 lb) |
$6.45
€5.93
|
$8.87
ISK1,220
|
|
| Apples (1 lb) |
$1.31
€1.20
|
$1.53
ISK210
|
|
| Bananas (1 lb) |
$0.66
€0.61
|
$0.97
ISK133
|
|
| Oranges (1 lb) |
$0.99
€0.91
|
$1.26
ISK173
|
|
| Tomatoes (1 lb) |
$1.53
€1.40
|
$2.23
ISK306
|
|
| Potatoes (1 lb) |
$0.70
€0.64
|
$1.42
ISK195
|
|
| Onions (1 lb) |
$0.74
€0.69
|
$1.01
ISK139
|
|
pay 21.6% more for transportation
|
Frankfurt
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.20
€6.62
|
$8.57
ISK1,179
|
|
| Monthly public transit pass |
$53.07
€48.80
|
$66.92
ISK9,198
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$29,435.59
€27,068.47
|
$41,660.67
ISK5,726,259
|
|
| Taxi trip in downtown area (5 miles) |
$23.39
€21.51
|
$23.30
ISK3,202
|
|
pay 27.5% more for housing
|
Frankfurt
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$44.63
€41.04
|
$68.45
ISK9,408
|
|
| 1-Bedroom apartment in downtown area |
$1,279.18
€1,176.32
|
$1,864.13
ISK256,225
|
|
| 1-Bedroom apartment outside city center |
$906.10
€833.24
|
$1,666.20
ISK229,019
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$239.36
€220.11
|
$64.43
ISK8,856
|
|
pay 55.5% less for childcare
|
Frankfurt
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$498.17
€458.11
|
$240.37
ISK33,039
|
|
| Middle school for 1 child, two semesters |
$14,656.43
€13,477.80
|
$5,984.07
ISK822,511
|
|
pay 44.3% more for entertainment and sports
|
Frankfurt
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.98
€4.58
|
$10.79
ISK1,483
|
|
| Cappuccino in mid-range area |
$3.69
€3.40
|
$5.09
ISK699
|
|
|
Pack of cigarettes
Marlboro or similar
|
$8.88
€8.17
|
$11.87
ISK1,632
|
|
| Monthly membership at local gym |
$49.96
€45.95
|
$65.50
ISK9,003
|
|
| Movie ticket to theater/cinema |
$14.08
€12.95
|
$14.39
ISK1,978
|
|
pay 51.5% more for clothing
|
Frankfurt
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$70.19
€64.54
|
$103.94
ISK14,287
|
|
|
Regular dress
from H&M or similar store
|
$30.20
€27.77
|
$43.50
ISK5,978
|
|
|
Running shoes
Nike or Adidas
|
$84.81
€77.99
|
$141.47
ISK19,445
|
|
| Men's business shoes (leather) |
$118.80
€109.25
|
$174.65
ISK24,006
|
|
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