Cost of living comparison
Reykjavik is 28.8% more expensive than Greensboro.
- Restaurants
-
pay 50.5% more in Reykjavik
- Groceries
-
pay 26.2% more in Reykjavik
- Transportation
-
pay 58.0% more in Reykjavik
- Housing
-
pay 11.3% more in Reykjavik
- Childcare
-
pay 74.5% less in Reykjavik
- Entertainment and Sports
-
pay 59.5% more in Reykjavik
- Clothing
-
pay 70.3% more in Reykjavik
The cost of clothing, entertainment and sports, transportation, restaurants, groceries, and housing in Reykjavik are more expensive than in Greensboro.
If you lived in Reykjavik instead of Greensboro, you would:
pay 50.5% more for restaurants
|
Greensboro
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
|
$20.00
ISK2,796
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.00
|
$18.02
ISK2,519
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.16
|
$3.15
ISK441
|
|
| Bottle of water (11 fl. oz) |
$1.75
|
$2.19
ISK305
|
|
pay 26.2% more for groceries
|
Greensboro
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.82
|
$3.61
ISK505
|
|
| Local cheese (8 oz) |
$7.44
|
$7.76
ISK1,084
|
|
| Milk (1 gallon) |
$3.46
|
$6.40
ISK895
|
|
|
Eggs
1 dozen
|
$2.99
|
$5.76
ISK805
|
|
| Boneless chicken breast (1 lb) |
$3.90
|
$9.45
ISK1,321
|
|
| Apples (1 lb) |
$1.89
|
$1.40
ISK196
|
|
| Bananas (1 lb) |
$0.82
|
$1.01
ISK141
|
|
| Oranges (1 lb) |
$2.25
|
$1.22
ISK170
|
|
| Tomatoes (1 lb) |
$1.81
|
$2.22
ISK311
|
|
| Potatoes (1 lb) |
$1.09
|
$1.43
ISK201
|
|
| Onions (1 lb) |
$1.46
|
$0.93
ISK131
|
|
pay 58.0% more for transportation
|
Greensboro
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.22
|
$8.50
ISK1,188
|
|
| Monthly public transit pass |
$58.00
|
$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) |
$20.64
|
$24.05
ISK3,362
|
|
pay 11.3% more for housing
|
Greensboro
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$76.11
|
$69.87
ISK9,766
|
|
| 1-Bedroom apartment in downtown area |
$1,462.50
|
$1,971.17
ISK275,530
|
|
| 1-Bedroom apartment outside city center |
$1,087.60
|
$1,803.44
ISK252,085
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$102.25
|
$53.95
ISK7,542
|
|
pay 74.5% less for childcare
|
Greensboro
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$900.00
|
$252.14
ISK35,244
|
|
| Middle school for 1 child, two semesters |
$25,900.00
|
$5,993.99
ISK837,840
|
|
pay 59.5% more for entertainment and sports
|
Greensboro
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.00
|
$10.81
ISK1,511
|
|
| Cappuccino in mid-range area |
$4.81
|
$5.31
ISK742
|
|
|
Pack of cigarettes
Marlboro or similar
|
$7.52
|
$12.25
ISK1,712
|
|
| Monthly membership at local gym |
$45.00
|
$69.95
ISK9,777
|
|
| Movie ticket to theater/cinema |
$15.00
|
$14.77
ISK2,065
|
|
pay 70.3% more for clothing
|
Greensboro
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$52.50
|
$108.97
ISK15,232
|
|
|
Regular dress
from H&M or similar store
|
$39.67
|
$49.72
ISK6,950
|
|
|
Running shoes
Nike or Adidas
|
$83.75
|
$151.85
ISK21,226
|
|
| Men's business shoes (leather) |
$116.33
|
$194.16
ISK27,139
|
|
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