Cost of living comparison
Reykjavik is 6.1 times more expensive than India.
If you lived in Reykjavik instead of India, you would:
pay 8.5 times more for restaurants
|
India
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$2.40
₹202.66
|
$20.00
ISK2,794
|
|
|
Fast food combo meal
McDonalds, or similar
|
$3.90
₹329.54
|
$18.02
ISK2,517
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.40
₹33.45
|
$3.15
ISK441
|
|
| Bottle of water (11 fl. oz) |
$0.17
₹14.03
|
$2.19
ISK305
|
|
pay 5.2 times more for groceries
|
India
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.46
₹38.89
|
$3.61
ISK504
|
|
| Local cheese (8 oz) |
$2.54
₹214.35
|
$7.76
ISK1,084
|
|
| Milk (1 gallon) |
$2.56
₹216.13
|
$6.40
ISK895
|
|
|
Eggs
1 dozen
|
$0.94
₹79.31
|
$5.76
ISK804
|
|
| Boneless chicken breast (1 lb) |
$1.37
₹115.34
|
$9.45
ISK1,320
|
|
| Apples (1 lb) |
$0.88
₹74.60
|
$1.40
ISK196
|
|
| Bananas (1 lb) |
$0.32
₹27.39
|
$1.01
ISK141
|
|
| Oranges (1 lb) |
$0.48
₹40.20
|
$1.22
ISK170
|
|
| Tomatoes (1 lb) |
$0.24
₹20.37
|
$2.22
ISK311
|
|
| Potatoes (1 lb) |
$0.16
₹13.81
|
$1.43
ISK200
|
|
| Onions (1 lb) |
$0.19
₹15.84
|
$0.93
ISK130
|
|
pay 5.1 times more for transportation
|
India
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.62
₹389.81
|
$8.50
ISK1,187
|
|
| Monthly public transit pass |
$10.12
₹854.83
|
$74.95
ISK10,470
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$13,525.56
₹1,142,076.39
|
$42,450.45
ISK5,929,479
|
|
| Taxi trip in downtown area (5 miles) |
$2.94
₹248.14
|
$24.05
ISK3,359
|
|
pay 11.4 times more for housing
|
India
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$7.39
₹623.59
|
$69.87
ISK9,759
|
|
| 1-Bedroom apartment in downtown area |
$138.05
₹11,657.00
|
$1,971.17
ISK275,333
|
|
| 1-Bedroom apartment outside city center |
$90.33
₹7,627.50
|
$1,803.44
ISK251,904
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$29.97
₹2,530.51
|
$53.95
ISK7,536
|
|
pay 4.2 times more for childcare
|
India
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$55.73
₹4,705.64
|
$252.14
ISK35,219
|
|
| Middle school for 1 child, two semesters |
$1,565.54
₹132,191.62
|
$5,993.99
ISK837,241
|
|
pay 4.3 times more for entertainment and sports
|
India
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.84
₹155.03
|
$10.81
ISK1,510
|
|
| Cappuccino in mid-range area |
$1.59
₹133.96
|
$5.31
ISK741
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.59
₹303.16
|
$12.25
ISK1,710
|
|
| Monthly membership at local gym |
$15.33
₹1,294.49
|
$69.95
ISK9,770
|
|
| Movie ticket to theater/cinema |
$3.35
₹283.07
|
$14.77
ISK2,064
|
|
pay 4.1 times more for clothing
|
India
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$24.02
₹2,028.47
|
$108.97
ISK15,221
|
|
|
Regular dress
from H&M or similar store
|
$25.36
₹2,141.57
|
$49.72
ISK6,945
|
|
|
Running shoes
Nike or Adidas
|
$41.62
₹3,514.08
|
$151.85
ISK21,211
|
|
| Men's business shoes (leather) |
$31.12
₹2,627.43
|
$194.16
ISK27,120
|
|
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