Cost of living comparison
Reykjavik is 26.3% more expensive than Mackay.
- Restaurants
-
pay 14.2% more in Reykjavik
- Groceries
-
pay 39.4% more in Reykjavik
- Transportation
-
pay 36.2% more in Reykjavik
- Housing
-
pay 87.3% more in Reykjavik
- Childcare
-
pay 85.6% less in Reykjavik
- Entertainment and Sports
-
pay 2.6% more in Reykjavik
- Clothing
-
pay 90.3% more in Reykjavik
The cost of clothing, housing, groceries, transportation, restaurants, and entertainment and sports in Reykjavik are more expensive than in Mackay. Notably, clothing and housing are significantly more expensive in Reykjavik.
If you lived in Reykjavik instead of Mackay, you would:
pay 14.2% more for restaurants
|
Mackay
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$16.48
A$26.03
|
$20.00
ISK2,689
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.86
A$18.74
|
$18.02
ISK2,423
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.13
A$4.95
|
$3.15
ISK424
|
|
| Bottle of water (11 fl. oz) |
$2.64
A$4.16
|
$2.19
ISK294
|
|
pay 39.4% more for groceries
|
Mackay
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.31
A$3.64
|
$3.61
ISK485
|
|
| Local cheese (8 oz) |
$4.94
A$7.81
|
$7.76
ISK1,043
|
|
| Milk (1 gallon) |
$5.36
A$8.47
|
$6.40
ISK861
|
|
|
Eggs
1 dozen
|
$4.84
A$7.65
|
$5.76
ISK774
|
|
| Boneless chicken breast (1 lb) |
$3.19
A$5.04
|
$9.45
ISK1,270
|
|
| Apples (1 lb) |
$1.14
A$1.79
|
$1.40
ISK189
|
|
| Bananas (1 lb) |
$1.10
A$1.73
|
$1.01
ISK136
|
|
| Oranges (1 lb) |
$1.06
A$1.68
|
$1.22
ISK164
|
|
| Tomatoes (1 lb) |
$2.23
A$3.53
|
$2.22
ISK299
|
|
| Potatoes (1 lb) |
$1.08
A$1.71
|
$1.43
ISK193
|
|
| Onions (1 lb) |
$0.76
A$1.20
|
$0.93
ISK126
|
|
pay 36.2% more for transportation
|
Mackay
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.65
A$7.34
|
$8.50
ISK1,143
|
|
| Monthly public transit pass |
$65.90
A$104.11
|
$74.95
ISK10,078
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$37,894.22
A$59,864.49
|
$42,450.45
ISK5,707,888
|
|
| Taxi trip in downtown area (5 miles) | ?? |
$24.05
ISK3,234
|
|
pay 87.3% more for housing
|
Mackay
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$74.47
A$117.65
|
$69.87
ISK9,394
|
|
| 1-Bedroom apartment in downtown area |
$670.01
A$1,058.47
|
$1,971.17
ISK265,044
|
|
| 1-Bedroom apartment outside city center |
$561.82
A$887.56
|
$1,803.44
ISK242,491
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$134.39
A$212.31
|
$53.95
ISK7,255
|
|
pay 85.6% less for childcare
|
Mackay
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,753.02
A$2,769.38
|
$252.14
ISK33,903
|
|
| Middle school for 1 child, two semesters | ?? |
$5,993.99
ISK805,952
|
|
pay 2.6% more for entertainment and sports
|
Mackay
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$6.59
A$10.41
|
$10.81
ISK1,454
|
|
| Cappuccino in mid-range area |
$3.87
A$6.12
|
$5.31
ISK713
|
|
|
Pack of cigarettes
Marlboro or similar
|
$39.54
A$62.47
|
$12.25
ISK1,646
|
|
| Monthly membership at local gym |
$85.67
A$135.35
|
$69.95
ISK9,405
|
|
| Movie ticket to theater/cinema |
$14.83
A$23.43
|
$14.77
ISK1,987
|
|
pay 90.3% more for clothing
|
Mackay
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$82.38
A$130.14
|
$108.97
ISK14,652
|
|
|
Regular dress
from H&M or similar store
|
$29.66
A$46.85
|
$49.72
ISK6,685
|
|
|
Running shoes
Nike or Adidas
|
$95.56
A$150.96
|
$151.85
ISK20,418
|
|
| Men's business shoes (leather) |
$64.26
A$101.51
|
$194.16
ISK26,106
|
|
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