Cost of living comparison
Reykjavik is 19.5% more expensive than New Orleans.
- Restaurants
-
pay 8.5% more in Reykjavik
- Groceries
-
pay 4.6% more in Reykjavik
- Transportation
-
pay 77.9% more in Reykjavik
- Housing
-
pay 1.2% more in Reykjavik
- Childcare
-
pay 62.7% less in Reykjavik
- Entertainment and Sports
-
pay 29.7% more in Reykjavik
- Clothing
-
pay 77.2% more in Reykjavik
The cost of transportation, clothing, entertainment and sports, restaurants, groceries, and housing in Reykjavik are more expensive than in New Orleans. Notably, transportation and clothing are significantly more expensive in Reykjavik.
If you lived in Reykjavik instead of New Orleans, you would:
pay 8.5% more for restaurants
|
New Orleans
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$25.00
|
$20.00
ISK2,689
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.00
|
$18.02
ISK2,423
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.99
|
$3.15
ISK424
|
|
| Bottle of water (11 fl. oz) |
$2.22
|
$2.19
ISK294
|
|
pay 4.6% more for groceries
|
New Orleans
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.84
|
$3.61
ISK485
|
|
| Local cheese (8 oz) |
$8.06
|
$7.76
ISK1,043
|
|
| Milk (1 gallon) |
$4.78
|
$6.40
ISK861
|
|
|
Eggs
1 dozen
|
$3.46
|
$5.76
ISK774
|
|
| Boneless chicken breast (1 lb) |
$6.10
|
$9.45
ISK1,270
|
|
| Apples (1 lb) |
$2.49
|
$1.40
ISK189
|
|
| Bananas (1 lb) |
$0.77
|
$1.01
ISK136
|
|
| Oranges (1 lb) |
$2.17
|
$1.22
ISK164
|
|
| Tomatoes (1 lb) |
$2.19
|
$2.22
ISK299
|
|
| Potatoes (1 lb) |
$1.54
|
$1.43
ISK193
|
|
| Onions (1 lb) |
$1.39
|
$0.93
ISK126
|
|
pay 77.9% more for transportation
|
New Orleans
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.07
|
$8.50
ISK1,143
|
|
| Monthly public transit pass |
$45.00
|
$74.95
ISK10,078
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$36,884.90
|
$42,450.45
ISK5,707,888
|
|
| Taxi trip in downtown area (5 miles) |
$15.68
|
$24.05
ISK3,234
|
|
pay 1.2% more for housing
|
New Orleans
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$70.24
|
$69.87
ISK9,394
|
|
| 1-Bedroom apartment in downtown area |
$1,788.46
|
$1,971.17
ISK265,044
|
|
| 1-Bedroom apartment outside city center |
$1,119.08
|
$1,803.44
ISK242,491
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$159.89
|
$53.95
ISK7,255
|
|
pay 62.7% less for childcare
|
New Orleans
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,563.89
|
$252.14
ISK33,903
|
|
| Middle school for 1 child, two semesters |
$10,230.00
|
$5,993.99
ISK805,952
|
|
pay 29.7% more for entertainment and sports
|
New Orleans
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.60
|
$10.81
ISK1,454
|
|
| Cappuccino in mid-range area |
$5.12
|
$5.31
ISK713
|
|
|
Pack of cigarettes
Marlboro or similar
|
$8.49
|
$12.25
ISK1,646
|
|
| Monthly membership at local gym |
$64.00
|
$69.95
ISK9,405
|
|
| Movie ticket to theater/cinema |
$15.00
|
$14.77
ISK1,987
|
|
pay 77.2% more for clothing
|
New Orleans
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$52.14
|
$108.97
ISK14,652
|
|
|
Regular dress
from H&M or similar store
|
$36.67
|
$49.72
ISK6,685
|
|
|
Running shoes
Nike or Adidas
|
$79.17
|
$151.85
ISK20,418
|
|
| Men's business shoes (leather) |
$112.50
|
$194.16
ISK26,106
|
|
Change currency:
Compare countries by overall cost of living
Help us improve these prices
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Reykjavik or New Orleans. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.