Cost of living comparison
Reykjavik is 29.3% more expensive than Helsinki.
If you lived in Reykjavik instead of Helsinki, you would:
pay 16.8% more for restaurants
|
Helsinki
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$18.76
€17.98
|
$20.00
ISK2,783
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.79
€11.30
|
$18.02
ISK2,507
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.14
€3.01
|
$3.15
ISK439
|
|
| Bottle of water (11 fl. oz) |
$2.03
€1.95
|
$2.19
ISK304
|
|
pay 48.7% more for groceries
|
Helsinki
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.89
€2.77
|
$3.61
ISK502
|
|
| Local cheese (8 oz) |
$4.13
€3.96
|
$7.76
ISK1,079
|
|
| Milk (1 gallon) |
$5.15
€4.94
|
$6.40
ISK891
|
|
|
Eggs
1 dozen
|
$3.08
€2.95
|
$5.76
ISK801
|
|
| Boneless chicken breast (1 lb) |
$6.00
€5.75
|
$9.45
ISK1,314
|
|
| Apples (1 lb) |
$1.11
€1.06
|
$1.40
ISK195
|
|
| Bananas (1 lb) |
$0.85
€0.81
|
$1.01
ISK140
|
|
| Oranges (1 lb) |
$1.03
€0.99
|
$1.22
ISK169
|
|
| Tomatoes (1 lb) |
$1.70
€1.63
|
$2.22
ISK309
|
|
| Potatoes (1 lb) |
$0.57
€0.55
|
$1.43
ISK200
|
|
| Onions (1 lb) |
$0.86
€0.82
|
$0.93
ISK130
|
|
pay 19.3% more for transportation
|
Helsinki
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.50
€7.19
|
$8.50
ISK1,183
|
|
| Monthly public transit pass |
$71.38
€68.44
|
$74.95
ISK10,428
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$34,296.42
€32,882.48
|
$42,450.45
ISK5,906,131
|
|
| Taxi trip in downtown area (5 miles) |
$17.79
€17.06
|
$24.05
ISK3,346
|
|
pay 87.4% more for housing
|
Helsinki
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$22.48
€21.55
|
$69.87
ISK9,720
|
|
| 1-Bedroom apartment in downtown area |
$1,111.66
€1,065.83
|
$1,971.17
ISK274,249
|
|
| 1-Bedroom apartment outside city center |
$870.64
€834.75
|
$1,803.44
ISK250,913
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$99.35
€95.25
|
$53.95
ISK7,507
|
|
pay 34.2% less for childcare
|
Helsinki
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$338.03
€324.10
|
$252.14
ISK35,080
|
|
| Middle school for 1 child, two semesters |
$10,508.28
€10,075.06
|
$5,993.99
ISK833,944
|
|
pay 14.5% more for entertainment and sports
|
Helsinki
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$8.57
€8.22
|
$10.81
ISK1,504
|
|
| Cappuccino in mid-range area |
$4.76
€4.57
|
$5.31
ISK738
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.36
€10.89
|
$12.25
ISK1,704
|
|
| Monthly membership at local gym |
$47.76
€45.79
|
$69.95
ISK9,732
|
|
| Movie ticket to theater/cinema |
$18.22
€17.47
|
$14.77
ISK2,056
|
|
pay 52.4% more for clothing
|
Helsinki
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$100.00
€95.88
|
$108.97
ISK15,161
|
|
|
Regular dress
from H&M or similar store
|
$31.76
€30.45
|
$49.72
ISK6,918
|
|
|
Running shoes
Nike or Adidas
|
$89.57
€85.88
|
$151.85
ISK21,127
|
|
| Men's business shoes (leather) |
$111.24
€106.65
|
$194.16
ISK27,013
|
|
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