Cost of living comparison
Reykjavik is 24.3% more expensive than Oceanside.
- Restaurants
-
pay 20.7% more in Reykjavik
- Groceries
-
pay 39.4% more in Reykjavik
- Transportation
-
pay 42.1% more in Reykjavik
- Housing
-
pay 24.8% less in Reykjavik
- Childcare
-
pay 82.5% less in Reykjavik
- Entertainment and Sports
-
pay 31.3% more in Reykjavik
- Clothing
-
pay 2.4 times more in Reykjavik
The cost of clothing, transportation, groceries, entertainment and sports, and restaurants in Reykjavik are more expensive than in Oceanside. Expenses including childcare and housing are lower in Reykjavik. Notably, clothing is significantly more expensive in Reykjavik.
If you lived in Reykjavik instead of Oceanside, you would:
pay 20.7% more for restaurants
|
Oceanside
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$25.00
|
$20.00
ISK2,482
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.00
|
$18.02
ISK2,236
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.95
|
$3.15
ISK391
|
|
| Bottle of water (11 fl. oz) |
$1.50
|
$2.19
ISK271
|
|
pay 39.4% more for groceries
|
Oceanside
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.58
|
$3.61
ISK448
|
|
| Local cheese (8 oz) |
$6.87
|
$7.76
ISK963
|
|
| Milk (1 gallon) |
$4.32
|
$6.40
ISK795
|
|
|
Eggs
1 dozen
|
$3.81
|
$5.76
ISK714
|
|
| Boneless chicken breast (1 lb) |
$2.99
|
$9.45
ISK1,172
|
|
| Apples (1 lb) |
$1.90
|
$1.40
ISK174
|
|
| Bananas (1 lb) |
$0.78
|
$1.01
ISK125
|
|
| Oranges (1 lb) |
$1.66
|
$1.22
ISK151
|
|
| Tomatoes (1 lb) |
$1.10
|
$2.22
ISK276
|
|
| Potatoes (1 lb) |
$1.00
|
$1.43
ISK178
|
|
| Onions (1 lb) |
$1.15
|
$0.93
ISK116
|
|
pay 42.1% more for transportation
|
Oceanside
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.73
|
$8.50
ISK1,055
|
|
| Monthly public transit pass |
$72.00
|
$74.95
ISK9,302
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$30,499.50
|
$42,450.45
ISK5,268,101
|
|
| Taxi trip in downtown area (5 miles) |
$16.52
|
$24.05
ISK2,985
|
|
pay 24.8% less for housing
|
Oceanside
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.71
|
$69.87
ISK8,670
|
|
| 1-Bedroom apartment in downtown area |
$2,500.00
|
$1,971.17
ISK244,622
|
|
| 1-Bedroom apartment outside city center |
$2,033.33
|
$1,803.44
ISK223,807
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$144.10
|
$53.95
ISK6,696
|
|
pay 82.5% less for childcare
|
Oceanside
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,778.57
|
$252.14
ISK31,291
|
|
| Middle school for 1 child, two semesters |
$28,750.00
|
$5,993.99
ISK743,855
|
|
pay 31.3% more for entertainment and sports
|
Oceanside
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$7.00
|
$10.81
ISK1,342
|
|
| Cappuccino in mid-range area |
$5.00
|
$5.31
ISK658
|
|
|
Pack of cigarettes
Marlboro or similar
|
$10.00
|
$12.25
ISK1,520
|
|
| Monthly membership at local gym |
$40.00
|
$69.95
ISK8,680
|
|
| Movie ticket to theater/cinema |
$15.00
|
$14.77
ISK1,834
|
|
pay 2.4 times more for clothing
|
Oceanside
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$30.00
|
$108.97
ISK13,523
|
|
|
Regular dress
from H&M or similar store
|
$42.72
|
$49.72
ISK6,170
|
|
|
Running shoes
Nike or Adidas
|
$60.00
|
$151.85
ISK18,845
|
|
| Men's business shoes (leather) |
$80.00
|
$194.16
ISK24,095
|
|
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