Cost of living comparison
Reykjavik is 0.6% more expensive than Irvine.
- Restaurants
-
pay 28.7% more in Reykjavik
- Groceries
-
pay 5.7% more in Reykjavik
- Transportation
-
pay 31.0% more in Reykjavik
- Housing
-
pay 29.0% less in Reykjavik
- Childcare
-
pay 85.5% less in Reykjavik
- Entertainment and Sports
-
pay 6.1% more in Reykjavik
- Clothing
-
pay 47.1% more in Reykjavik
The cost of clothing, transportation, restaurants, entertainment and sports, and groceries in Reykjavik are more expensive than in Irvine. Expenses including childcare and housing are lower in Reykjavik.
If you lived in Reykjavik instead of Irvine, you would:
pay 28.7% more for restaurants
Irvine
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$20.00
|
$20.00
ISK2,545
|
|
Fast food combo meal
McDonalds, or similar
|
$10.00
|
$18.02
ISK2,293
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.75
|
$3.15
ISK401
|
|
Bottle of water (11 fl. oz) |
$2.40
|
$2.19
ISK278
|
|
pay 5.7% more for groceries
Irvine
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$5.56
|
$3.61
ISK459
|
|
Local cheese (8 oz) |
$6.52
|
$7.76
ISK987
|
|
Milk (1 gallon) |
$4.38
|
$6.40
ISK815
|
|
Eggs
1 dozen
|
$3.83
|
$5.76
ISK733
|
|
Boneless chicken breast (1 lb) |
$5.16
|
$9.45
ISK1,202
|
|
Apples (1 lb) |
$2.70
|
$1.40
ISK178
|
|
Bananas (1 lb) |
$0.83
|
$1.01
ISK128
|
|
Oranges (1 lb) |
$1.75
|
$1.22
ISK155
|
|
Tomatoes (1 lb) |
$2.48
|
$2.22
ISK283
|
|
Potatoes (1 lb) |
$1.47
|
$1.43
ISK183
|
|
Onions (1 lb) |
$1.36
|
$0.93
ISK119
|
|
pay 31.0% more for transportation
Irvine
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.80
|
$8.50
ISK1,082
|
|
Monthly public transit pass |
$71.00
|
$74.95
ISK9,538
|
|
New Volkswagen Golf 1.4 (standard edition) |
$28,500.00
|
$42,450.45
ISK5,401,820
|
|
Taxi trip in downtown area (5 miles) |
$26.00
|
$24.05
ISK3,060
|
|
pay 29.0% less for housing
Irvine
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$74.89
|
$69.87
ISK8,890
|
|
1-Bedroom apartment in downtown area |
$2,561.43
|
$1,971.17
ISK250,832
|
|
1-Bedroom apartment outside city center |
$2,375.00
|
$1,803.44
ISK229,488
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$142.82
|
$53.95
ISK6,866
|
|
pay 85.5% less for childcare
Irvine
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$1,807.14
|
$252.14
ISK32,085
|
|
Middle school for 1 child, two semesters |
$40,160.00
|
$5,993.99
ISK762,736
|
|
pay 6.1% more for entertainment and sports
Irvine
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.00
|
$10.81
ISK1,376
|
|
Cappuccino in mid-range area |
$5.64
|
$5.31
ISK675
|
|
Pack of cigarettes
Marlboro or similar
|
$9.63
|
$12.25
ISK1,558
|
|
Monthly membership at local gym |
$81.25
|
$69.95
ISK8,901
|
|
Movie ticket to theater/cinema |
$16.75
|
$14.77
ISK1,880
|
|
pay 47.1% more for clothing
Irvine
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$69.00
|
$108.97
ISK13,867
|
|
Regular dress
from H&M or similar store
|
$40.75
|
$49.72
ISK6,327
|
|
Running shoes
Nike or Adidas
|
$82.50
|
$151.85
ISK19,323
|
|
Men's business shoes (leather) |
$156.00
|
$194.16
ISK24,707
|
|
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