Cost of living comparison
Reykjavik is 33.9% more expensive than Palma De Mallorca.
If you lived in Reykjavik instead of Palma De Mallorca, you would:
pay 17.8% more for restaurants
|
Palma De Mallorca
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$15.00
€14.39
|
$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) |
$2.85
€2.73
|
$3.15
ISK439
|
|
| Bottle of water (11 fl. oz) |
$2.51
€2.41
|
$2.19
ISK304
|
|
pay 74.1% more for groceries
|
Palma De Mallorca
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.44
€1.38
|
$3.61
ISK502
|
|
| Local cheese (8 oz) |
$7.06
€6.76
|
$7.76
ISK1,079
|
|
| Milk (1 gallon) |
$4.04
€3.87
|
$6.40
ISK891
|
|
|
Eggs
1 dozen
|
$2.97
€2.85
|
$5.76
ISK801
|
|
| Boneless chicken breast (1 lb) |
$3.93
€3.76
|
$9.45
ISK1,314
|
|
| Apples (1 lb) |
$0.87
€0.83
|
$1.40
ISK195
|
|
| Bananas (1 lb) |
$0.90
€0.87
|
$1.01
ISK140
|
|
| Oranges (1 lb) |
$0.72
€0.69
|
$1.22
ISK169
|
|
| Tomatoes (1 lb) |
$1.17
€1.13
|
$2.22
ISK309
|
|
| Potatoes (1 lb) |
$0.65
€0.62
|
$1.43
ISK200
|
|
| Onions (1 lb) |
$0.87
€0.83
|
$0.93
ISK130
|
|
pay 27.4% more for transportation
|
Palma De Mallorca
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.66
€6.39
|
$8.50
ISK1,183
|
|
| Monthly public transit pass |
$40.73
€39.05
|
$74.95
ISK10,428
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,759.38
€34,285.12
|
$42,450.45
ISK5,906,131
|
|
| Taxi trip in downtown area (5 miles) |
$30.38
€29.13
|
$24.05
ISK3,346
|
|
pay 44.9% more for housing
|
Palma De Mallorca
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$37.63
€36.08
|
$69.87
ISK9,720
|
|
| 1-Bedroom apartment in downtown area |
$1,162.45
€1,114.53
|
$1,971.17
ISK274,249
|
|
| 1-Bedroom apartment outside city center |
$935.73
€897.15
|
$1,803.44
ISK250,913
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$171.76
€164.68
|
$53.95
ISK7,507
|
|
pay 55.0% less for childcare
|
Palma De Mallorca
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$660.92
€633.67
|
$252.14
ISK35,080
|
|
| Middle school for 1 child, two semesters |
$11,521.45
€11,046.46
|
$5,993.99
ISK833,944
|
|
pay 82.1% more for entertainment and sports
|
Palma De Mallorca
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.29
€4.11
|
$10.81
ISK1,504
|
|
| Cappuccino in mid-range area |
$3.17
€3.04
|
$5.31
ISK738
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.16
€5.91
|
$12.25
ISK1,704
|
|
| Monthly membership at local gym |
$53.83
€51.61
|
$69.95
ISK9,732
|
|
| Movie ticket to theater/cinema |
$9.11
€8.73
|
$14.77
ISK2,056
|
|
pay 46.0% more for clothing
|
Palma De Mallorca
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$88.96
€85.29
|
$108.97
ISK15,161
|
|
|
Regular dress
from H&M or similar store
|
$56.80
€54.46
|
$49.72
ISK6,918
|
|
|
Running shoes
Nike or Adidas
|
$83.60
€80.15
|
$151.85
ISK21,127
|
|
| Men's business shoes (leather) |
$100.92
€96.76
|
$194.16
ISK27,013
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Reykjavik or Palma De Mallorca. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.