Cost of living comparison
Reykjavik is 25.7% more expensive than Israel overall.
- Restaurants
-
pay 13.9% more in Reykjavik
- Groceries
-
pay 57.2% more in Reykjavik
- Transportation
-
pay 38.3% more in Reykjavik
- Housing
-
pay 74.5% more in Reykjavik
- Childcare
-
pay 60.3% less in Reykjavik
- Entertainment and Sports
-
pay 29.1% more in Reykjavik
- Clothing
-
pay 27.4% more in Reykjavik
The cost of housing, groceries, transportation, entertainment and sports, clothing, and restaurants in Reykjavik are more expensive than in Israel.
If you lived in Reykjavik instead of Israel, you would:
pay 13.9% more for restaurants
|
Israel
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$18.92
₪69.76
|
$20.00
ISK2,552
|
|
|
Fast food combo meal
McDonalds, or similar
|
$14.73
₪54.30
|
$18.02
ISK2,299
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.61
₪9.62
|
$3.15
ISK402
|
|
| Bottle of water (11 fl. oz) |
$2.05
₪7.56
|
$2.19
ISK279
|
|
pay 57.2% more for groceries
|
Israel
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.24
₪8.27
|
$3.61
ISK461
|
|
| Local cheese (8 oz) |
$6.94
₪25.58
|
$7.76
ISK990
|
|
| Milk (1 gallon) |
$6.77
₪24.95
|
$6.40
ISK817
|
|
|
Eggs
1 dozen
|
$3.74
₪13.78
|
$5.76
ISK735
|
|
| Boneless chicken breast (1 lb) |
$4.50
₪16.58
|
$9.45
ISK1,206
|
|
| Apples (1 lb) |
$1.39
₪5.12
|
$1.40
ISK179
|
|
| Bananas (1 lb) |
$0.90
₪3.33
|
$1.01
ISK129
|
|
| Oranges (1 lb) |
$0.79
₪2.91
|
$1.22
ISK155
|
|
| Tomatoes (1 lb) |
$0.90
₪3.31
|
$2.22
ISK284
|
|
| Potatoes (1 lb) |
$0.63
₪2.32
|
$1.43
ISK183
|
|
| Onions (1 lb) |
$0.60
₪2.22
|
$0.93
ISK119
|
|
pay 38.3% more for transportation
|
Israel
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.15
₪26.34
|
$8.50
ISK1,085
|
|
| Monthly public transit pass |
$55.86
₪205.90
|
$74.95
ISK9,565
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$38,349.49
₪141,359.10
|
$42,450.45
ISK5,417,102
|
|
| Taxi trip in downtown area (5 miles) |
$12.71
₪46.83
|
$24.05
ISK3,069
|
|
pay 74.5% more for housing
|
Israel
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$26.90
₪99.15
|
$69.87
ISK8,916
|
|
| 1-Bedroom apartment in downtown area |
$996.96
₪3,674.87
|
$1,971.17
ISK251,541
|
|
| 1-Bedroom apartment outside city center |
$867.88
₪3,199.06
|
$1,803.44
ISK230,137
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$164.21
₪605.28
|
$53.95
ISK6,885
|
|
pay 60.3% less for childcare
|
Israel
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$878.81
₪3,239.36
|
$252.14
ISK32,176
|
|
| Middle school for 1 child, two semesters |
$11,812.07
₪43,540.18
|
$5,993.99
ISK764,894
|
|
pay 29.1% more for entertainment and sports
|
Israel
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$7.94
₪29.27
|
$10.81
ISK1,380
|
|
| Cappuccino in mid-range area |
$3.67
₪13.54
|
$5.31
ISK677
|
|
|
Pack of cigarettes
Marlboro or similar
|
$9.64
₪35.52
|
$12.25
ISK1,563
|
|
| Monthly membership at local gym |
$64.13
₪236.40
|
$69.95
ISK8,926
|
|
| Movie ticket to theater/cinema |
$11.47
₪42.29
|
$14.77
ISK1,885
|
|
pay 27.4% more for clothing
|
Israel
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$83.32
₪307.12
|
$108.97
ISK13,906
|
|
|
Regular dress
from H&M or similar store
|
$53.42
₪196.89
|
$49.72
ISK6,345
|
|
|
Running shoes
Nike or Adidas
|
$112.69
₪415.38
|
$151.85
ISK19,378
|
|
| Men's business shoes (leather) |
$128.71
₪474.44
|
$194.16
ISK24,776
|
|
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