Cost of living comparison
Quito is 38.7% cheaper than Keflavik.
- Restaurants
-
pay 63.1% less in Quito
- Groceries
-
pay 40.2% less in Quito
- Transportation
-
pay 60.1% less in Quito
- Housing
-
pay 45.0% less in Quito
- Childcare
-
pay 17.3% more in Quito
- Entertainment and Sports
-
pay 40.5% less in Quito
- Clothing
-
pay 39.1% less in Quito
Expenses including restaurants, transportation, housing, entertainment and sports, groceries, and clothing are lower in Quito.
If you lived in Quito instead of Keflavik, you would:
pay 63.1% less for restaurants
|
Keflavik
|
Quito
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,568
|
$5.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$15.10
ISK1,939
|
$8.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.88
ISK370
|
$1.08
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK281
|
$0.70
|
|
pay 40.2% less for groceries
|
Keflavik
|
Quito
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK464
|
$1.58
|
|
| Local cheese (8 oz) |
$7.76
ISK996
|
$4.12
|
|
| Milk (1 gallon) |
$6.40
ISK822
|
$4.23
|
|
|
Eggs
1 dozen
|
$5.40
ISK694
|
$2.31
|
|
| Boneless chicken breast (1 lb) |
$8.60
ISK1,104
|
$3.38
|
|
| Apples (1 lb) |
$0.92
ISK118
|
$1.08
|
|
| Bananas (1 lb) |
$0.92
ISK118
|
$0.55
|
|
| Oranges (1 lb) |
$0.98
ISK126
|
$0.55
|
|
| Tomatoes (1 lb) |
$1.50
ISK193
|
$0.61
|
|
| Potatoes (1 lb) |
$1.08
ISK139
|
$0.64
|
|
| Onions (1 lb) |
$0.60
ISK77
|
$0.47
|
|
pay 60.1% less for transportation
|
Keflavik
|
Quito
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.49
ISK1,090
|
$2.69
|
|
| Monthly public transit pass |
$80.36
ISK10,320
|
$20.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,451,803
|
$20,000.00
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK3,089
|
$13.50
|
|
pay 45.0% less for housing
|
Keflavik
|
Quito
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$64.86
ISK8,330
|
$31.13
|
|
| 1-Bedroom apartment in downtown area |
$1,345.35
ISK172,779
|
$451.67
|
|
| 1-Bedroom apartment outside city center |
$960.96
ISK123,414
|
$362.50
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$31.23
ISK4,011
|
$31.45
|
|
pay 17.3% more for childcare
|
Keflavik
|
Quito
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK32,382
|
$288.89
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK769,793
|
$7,190.00
|
|
pay 40.5% less for entertainment and sports
|
Keflavik
|
Quito
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$7.57
ISK972
|
$2.50
|
|
| Cappuccino in mid-range area |
$3.57
ISK458
|
$2.78
|
|
|
Pack of cigarettes
Marlboro or similar
|
$10.77
ISK1,383
|
$7.50
|
|
| Monthly membership at local gym |
$57.66
ISK7,405
|
$37.27
|
|
| Movie ticket to theater/cinema |
$13.33
ISK1,712
|
$7.00
|
|
pay 39.1% less for clothing
|
Keflavik
|
Quito
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK13,995
|
$43.89
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,386
|
$44.40
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK19,502
|
$97.73
|
|
| Men's business shoes (leather) |
$168.17
ISK21,597
|
$83.12
|
|
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