Cost of living comparison
Reykjavik is 11.1% more expensive than Luxembourg.
If you lived in Reykjavik instead of Luxembourg, you would:
pay 6.1% less for restaurants
|
Luxembourg
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$21.44
€20.55
|
$20.00
ISK2,783
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.86
€12.33
|
$18.02
ISK2,507
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.89
€3.73
|
$3.15
ISK439
|
|
| Bottle of water (11 fl. oz) |
$3.59
€3.44
|
$2.19
ISK304
|
|
pay 20.9% more for groceries
|
Luxembourg
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.19
€3.06
|
$3.61
ISK502
|
|
| Local cheese (8 oz) |
$8.38
€8.04
|
$7.76
ISK1,079
|
|
| Milk (1 gallon) |
$5.80
€5.56
|
$6.40
ISK891
|
|
|
Eggs
1 dozen
|
$4.18
€4.01
|
$5.76
ISK801
|
|
| Boneless chicken breast (1 lb) |
$5.36
€5.14
|
$9.45
ISK1,314
|
|
| Apples (1 lb) |
$1.21
€1.16
|
$1.40
ISK195
|
|
| Bananas (1 lb) |
$0.91
€0.87
|
$1.01
ISK140
|
|
| Oranges (1 lb) |
$1.12
€1.08
|
$1.22
ISK169
|
|
| Tomatoes (1 lb) |
$1.85
€1.77
|
$2.22
ISK309
|
|
| Potatoes (1 lb) |
$0.95
€0.91
|
$1.43
ISK200
|
|
| Onions (1 lb) |
$1.00
€0.96
|
$0.93
ISK130
|
|
pay 23.9% more for transportation
|
Luxembourg
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.12
€5.87
|
$8.50
ISK1,183
|
|
| Monthly public transit pass | ?? |
$74.95
ISK10,428
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$27,027.72
€25,913.45
|
$42,450.45
ISK5,906,131
|
|
| Taxi trip in downtown area (5 miles) |
$31.72
€30.42
|
$24.05
ISK3,346
|
|
pay 5.9% less for housing
|
Luxembourg
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$51.67
€49.54
|
$69.87
ISK9,720
|
|
| 1-Bedroom apartment in downtown area |
$1,942.57
€1,862.48
|
$1,971.17
ISK274,249
|
|
| 1-Bedroom apartment outside city center |
$1,630.61
€1,563.39
|
$1,803.44
ISK250,913
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$186.56
€178.87
|
$53.95
ISK7,507
|
|
pay 73.5% less for childcare
|
Luxembourg
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,316.93
€1,262.64
|
$252.14
ISK35,080
|
|
| Middle school for 1 child, two semesters |
$17,684.09
€16,955.03
|
$5,993.99
ISK833,944
|
|
pay 44.4% more for entertainment and sports
|
Luxembourg
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$7.23
€6.94
|
$10.81
ISK1,504
|
|
| Cappuccino in mid-range area |
$4.34
€4.16
|
$5.31
ISK738
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.16
€5.91
|
$12.25
ISK1,704
|
|
| Monthly membership at local gym |
$45.62
€43.74
|
$69.95
ISK9,732
|
|
| Movie ticket to theater/cinema |
$15.00
€14.39
|
$14.77
ISK2,056
|
|
pay 74.3% more for clothing
|
Luxembourg
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$64.15
€61.51
|
$108.97
ISK15,161
|
|
|
Regular dress
from H&M or similar store
|
$32.76
€31.41
|
$49.72
ISK6,918
|
|
|
Running shoes
Nike or Adidas
|
$82.52
€79.11
|
$151.85
ISK21,127
|
|
| Men's business shoes (leather) |
$101.28
€97.11
|
$194.16
ISK27,013
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Reykjavik or Luxembourg. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.