Cost of living comparison
Reykjavik is 17.0% more expensive than Frankfurt.
- Restaurants
-
pay 11.6% more in Reykjavik
- Groceries
-
pay 39.9% more in Reykjavik
- Transportation
-
pay 23.9% more in Reykjavik
- Housing
-
pay 21.4% more in Reykjavik
- Childcare
-
pay 56.0% less in Reykjavik
- Entertainment and Sports
-
pay 43.0% more in Reykjavik
- Clothing
-
pay 34.9% more in Reykjavik
The cost of entertainment and sports, groceries, clothing, transportation, housing, and restaurants in Reykjavik are more expensive than in Frankfurt.
If you lived in Reykjavik instead of Frankfurt, you would:
pay 11.6% more for restaurants
|
Frankfurt
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.29
€18.50
|
$20.00
ISK2,772
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.25
€10.79
|
$18.02
ISK2,498
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.03
€2.91
|
$3.15
ISK437
|
|
| Bottle of water (11 fl. oz) |
$2.79
€2.67
|
$2.19
ISK303
|
|
pay 39.9% more for groceries
|
Frankfurt
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.09
€2.00
|
$3.61
ISK500
|
|
| Local cheese (8 oz) |
$6.87
€6.59
|
$7.76
ISK1,075
|
|
| Milk (1 gallon) |
$4.62
€4.43
|
$6.40
ISK888
|
|
|
Eggs
1 dozen
|
$3.61
€3.46
|
$5.76
ISK798
|
|
| Boneless chicken breast (1 lb) |
$6.11
€5.86
|
$9.45
ISK1,310
|
|
| Apples (1 lb) |
$1.36
€1.31
|
$1.40
ISK194
|
|
| Bananas (1 lb) |
$0.74
€0.71
|
$1.01
ISK140
|
|
| Oranges (1 lb) |
$0.98
€0.94
|
$1.22
ISK169
|
|
| Tomatoes (1 lb) |
$2.14
€2.05
|
$2.22
ISK308
|
|
| Potatoes (1 lb) |
$0.69
€0.66
|
$1.43
ISK199
|
|
| Onions (1 lb) |
$0.74
€0.71
|
$0.93
ISK129
|
|
pay 23.9% more for transportation
|
Frankfurt
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.21
€6.92
|
$8.50
ISK1,178
|
|
| Monthly public transit pass |
$52.52
€50.36
|
$74.95
ISK10,390
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$29,130.52
€27,934.92
|
$42,450.45
ISK5,884,481
|
|
| Taxi trip in downtown area (5 miles) |
$26.95
€25.85
|
$24.05
ISK3,334
|
|
pay 21.4% more for housing
|
Frankfurt
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$45.31
€43.45
|
$69.87
ISK9,685
|
|
| 1-Bedroom apartment in downtown area |
$1,389.77
€1,332.73
|
$1,971.17
ISK273,244
|
|
| 1-Bedroom apartment outside city center |
$1,056.46
€1,013.10
|
$1,803.44
ISK249,993
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$285.00
€273.30
|
$53.95
ISK7,479
|
|
pay 56.0% less for childcare
|
Frankfurt
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$539.90
€517.74
|
$252.14
ISK34,952
|
|
| Middle school for 1 child, two semesters |
$14,504.53
€13,909.22
|
$5,993.99
ISK830,887
|
|
pay 43.0% more for entertainment and sports
|
Frankfurt
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.36
€5.14
|
$10.81
ISK1,499
|
|
| Cappuccino in mid-range area |
$3.85
€3.70
|
$5.31
ISK735
|
|
|
Pack of cigarettes
Marlboro or similar
|
$8.79
€8.43
|
$12.25
ISK1,697
|
|
| Monthly membership at local gym |
$53.59
€51.39
|
$69.95
ISK9,696
|
|
| Movie ticket to theater/cinema |
$13.93
€13.36
|
$14.77
ISK2,048
|
|
pay 34.9% more for clothing
|
Frankfurt
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$85.15
€81.65
|
$108.97
ISK15,106
|
|
|
Regular dress
from H&M or similar store
|
$39.74
€38.11
|
$49.72
ISK6,892
|
|
|
Running shoes
Nike or Adidas
|
$100.07
€95.96
|
$151.85
ISK21,050
|
|
| Men's business shoes (leather) |
$144.25
€138.33
|
$194.16
ISK26,914
|
|
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