Cost of living comparison

compared to

Reykjavik is 89.9% more expensive than Frankfurt (Oder).

If you lived in Reykjavik instead of Frankfurt (Oder), you would:

Display currency: USD

pay 2.3 times more for restaurants

 
Frankfurt (Oder)
Reykjavik
Basic meal with drink at inexpensive restaurant $6.50
€6.02
$21.59
ISK2,981
Fast food combo meal
McDonalds, or similar
$6.50
€6.02
$17.27
ISK2,385
Bottle of Coca-Cola (11 fl. oz) $1.62
€1.50
$2.90
ISK401

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pay 64.5% more for groceries

 
Frankfurt (Oder)
Reykjavik
Bread
1 loaf
$2.09
€1.93
$3.68
ISK509
Local cheese (8 oz) $6.88
€6.37
$7.66
ISK1,058
Milk (1 gallon) $4.06
€3.76
$6.16
ISK851

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pay 33.8% more for transportation

 
Frankfurt (Oder)
Reykjavik
Gasoline (1 gallon) $7.09
€6.56
$8.57
ISK1,184
Monthly public transit pass ?? $66.92
ISK9,242
New Volkswagen Golf 1.4 (standard edition) $24,908.70
€23,062.32
$41,660.67
ISK5,754,172

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pay 2.6 times more for housing

 
Frankfurt (Oder)
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$50.61
€46.86
$68.45
ISK9,454
1-Bedroom apartment in downtown area ?? $1,864.13
ISK257,474
1-Bedroom apartment outside city center $270.75
€250.68
$1,666.20
ISK230,135

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pay 41.1% less for childcare

 
Frankfurt (Oder)
Reykjavik
Private preschool for 1 child, monthly $397.10
€367.66
$240.37
ISK33,200
Middle school for 1 child, two semesters $10,450.83
€9,676.15
$5,984.07
ISK826,520

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pay 2.6 times more for entertainment and sports

 
Frankfurt (Oder)
Reykjavik
Domestic/local beer (1 pint) $4.33
€4.01
$10.79
ISK1,491
Cappuccino in mid-range area $1.08
€1.00
$5.09
ISK703
Pack of cigarettes
Marlboro or similar
$8.88
€8.22
$11.87
ISK1,640

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pay 2.2 times more for clothing

 
Frankfurt (Oder)
Reykjavik
Regular jeans
Levi's brand
$40.61
€37.60
$103.94
ISK14,356
Regular dress
from H&M or similar store
$32.49
€30.08
$43.50
ISK6,008
Running shoes
Nike or Adidas
$64.98
€60.16
$141.47
ISK19,540

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: October 2024
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