Cost of living comparison
Reykjavik is 80.2% more expensive than Greece.
If you lived in Reykjavik instead of Greece, you would:
pay 2.2 times more for restaurants
|
Greece
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.17
€12.63
|
$20.00
ISK2,783
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.11
€8.73
|
$18.02
ISK2,507
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.07
€1.99
|
$3.15
ISK439
|
|
| Bottle of water (11 fl. oz) |
$0.60
€0.57
|
$2.19
ISK304
|
|
pay 86.8% more for groceries
|
Greece
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.33
€1.28
|
$3.61
ISK502
|
|
| Local cheese (8 oz) |
$6.30
€6.04
|
$7.76
ISK1,079
|
|
| Milk (1 gallon) |
$5.99
€5.75
|
$6.40
ISK891
|
|
|
Eggs
1 dozen
|
$4.02
€3.86
|
$5.76
ISK801
|
|
| Boneless chicken breast (1 lb) |
$4.23
€4.05
|
$9.45
ISK1,314
|
|
| Apples (1 lb) |
$0.88
€0.85
|
$1.40
ISK195
|
|
| Bananas (1 lb) |
$0.85
€0.82
|
$1.01
ISK140
|
|
| Oranges (1 lb) |
$0.58
€0.55
|
$1.22
ISK169
|
|
| Tomatoes (1 lb) |
$0.87
€0.84
|
$2.22
ISK309
|
|
| Potatoes (1 lb) |
$0.51
€0.49
|
$1.43
ISK200
|
|
| Onions (1 lb) |
$0.57
€0.54
|
$0.93
ISK130
|
|
pay 55.8% more for transportation
|
Greece
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.55
€7.24
|
$8.50
ISK1,183
|
|
| Monthly public transit pass |
$40.19
€38.53
|
$74.95
ISK10,428
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$28,316.80
€27,149.39
|
$42,450.45
ISK5,906,131
|
|
| Taxi trip in downtown area (5 miles) |
$13.82
€13.25
|
$24.05
ISK3,346
|
|
pay 2.7 times more for housing
|
Greece
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$32.82
€31.46
|
$69.87
ISK9,720
|
|
| 1-Bedroom apartment in downtown area |
$524.36
€502.75
|
$1,971.17
ISK274,249
|
|
| 1-Bedroom apartment outside city center |
$392.21
€376.04
|
$1,803.44
ISK250,913
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$175.68
€168.43
|
$53.95
ISK7,507
|
|
pay 22.1% less for childcare
|
Greece
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$413.12
€396.09
|
$252.14
ISK35,080
|
|
| Middle school for 1 child, two semesters |
$6,332.60
€6,071.52
|
$5,993.99
ISK833,944
|
|
pay 91.2% more for entertainment and sports
|
Greece
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.40
€4.22
|
$10.81
ISK1,504
|
|
| Cappuccino in mid-range area |
$3.49
€3.35
|
$5.31
ISK738
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.94
€4.74
|
$12.25
ISK1,704
|
|
| Monthly membership at local gym |
$48.72
€46.71
|
$69.95
ISK9,732
|
|
| Movie ticket to theater/cinema |
$8.82
€8.46
|
$14.77
ISK2,056
|
|
pay 63.0% more for clothing
|
Greece
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$83.64
€80.19
|
$108.97
ISK15,161
|
|
|
Regular dress
from H&M or similar store
|
$37.83
€36.27
|
$49.72
ISK6,918
|
|
|
Running shoes
Nike or Adidas
|
$83.15
€79.72
|
$151.85
ISK21,127
|
|
| Men's business shoes (leather) |
$93.42
€89.57
|
$194.16
ISK27,013
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Reykjavik or Greece. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.