Cost of living comparison
Reykjavik is 50.2% more expensive than Lisbon.
If you lived in Reykjavik instead of Lisbon, you would:
pay 65.8% more for restaurants
|
Lisbon
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.66
€13.10
|
$20.00
ISK2,783
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.65
€9.25
|
$18.02
ISK2,507
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.86
€1.78
|
$3.15
ISK439
|
|
| Bottle of water (11 fl. oz) |
$1.36
€1.31
|
$2.19
ISK304
|
|
pay 74.4% more for groceries
|
Lisbon
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.48
€1.42
|
$3.61
ISK502
|
|
| Local cheese (8 oz) |
$5.58
€5.35
|
$7.76
ISK1,079
|
|
| Milk (1 gallon) |
$3.87
€3.71
|
$6.40
ISK891
|
|
|
Eggs
1 dozen
|
$2.97
€2.85
|
$5.76
ISK801
|
|
| Boneless chicken breast (1 lb) |
$3.31
€3.17
|
$9.45
ISK1,314
|
|
| Apples (1 lb) |
$1.04
€0.99
|
$1.40
ISK195
|
|
| Bananas (1 lb) |
$0.69
€0.66
|
$1.01
ISK140
|
|
| Oranges (1 lb) |
$0.89
€0.85
|
$1.22
ISK169
|
|
| Tomatoes (1 lb) |
$1.06
€1.02
|
$2.22
ISK309
|
|
| Potatoes (1 lb) |
$0.88
€0.84
|
$1.43
ISK200
|
|
| Onions (1 lb) |
$0.94
€0.90
|
$0.93
ISK130
|
|
pay 67.2% more for transportation
|
Lisbon
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.21
€6.91
|
$8.50
ISK1,183
|
|
| Monthly public transit pass |
$42.87
€41.10
|
$74.95
ISK10,428
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$32,152.89
€30,827.33
|
$42,450.45
ISK5,906,131
|
|
| Taxi trip in downtown area (5 miles) |
$9.86
€9.45
|
$24.05
ISK3,346
|
|
pay 31.1% more for housing
|
Lisbon
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$39.90
€38.25
|
$69.87
ISK9,720
|
|
| 1-Bedroom apartment in downtown area |
$1,514.21
€1,451.78
|
$1,971.17
ISK274,249
|
|
| 1-Bedroom apartment outside city center |
$1,070.61
€1,026.48
|
$1,803.44
ISK250,913
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$106.17
€101.80
|
$53.95
ISK7,507
|
|
pay 58.5% less for childcare
|
Lisbon
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$576.40
€552.64
|
$252.14
ISK35,080
|
|
| Middle school for 1 child, two semesters |
$15,251.75
€14,622.97
|
$5,993.99
ISK833,944
|
|
pay 2.2 times more for entertainment and sports
|
Lisbon
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.22
€3.08
|
$10.81
ISK1,504
|
|
| Cappuccino in mid-range area |
$2.61
€2.50
|
$5.31
ISK738
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.00
€5.75
|
$12.25
ISK1,704
|
|
| Monthly membership at local gym |
$42.41
€40.66
|
$69.95
ISK9,732
|
|
| Movie ticket to theater/cinema |
$8.57
€8.22
|
$14.77
ISK2,056
|
|
pay 55.3% more for clothing
|
Lisbon
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$86.58
€83.01
|
$108.97
ISK15,161
|
|
|
Regular dress
from H&M or similar store
|
$37.63
€36.08
|
$49.72
ISK6,918
|
|
|
Running shoes
Nike or Adidas
|
$82.49
€79.09
|
$151.85
ISK21,127
|
|
| Men's business shoes (leather) |
$108.41
€103.94
|
$194.16
ISK27,013
|
|
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