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
€14.00
|
$20.00
ISK2,775
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.86
€12.00
|
$18.02
ISK2,500
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.85
€2.66
|
$3.15
ISK438
|
|
| Bottle of water (11 fl. oz) |
$2.51
€2.34
|
$2.19
ISK303
|
|
pay 74.1% more for groceries
|
Palma De Mallorca
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.44
€1.34
|
$3.61
ISK501
|
|
| Local cheese (8 oz) |
$7.06
€6.58
|
$7.76
ISK1,076
|
|
| Milk (1 gallon) |
$4.04
€3.77
|
$6.40
ISK889
|
|
|
Eggs
1 dozen
|
$2.97
€2.77
|
$5.76
ISK799
|
|
| Boneless chicken breast (1 lb) |
$3.93
€3.66
|
$9.45
ISK1,311
|
|
| Apples (1 lb) |
$0.87
€0.81
|
$1.40
ISK195
|
|
| Bananas (1 lb) |
$0.90
€0.84
|
$1.01
ISK140
|
|
| Oranges (1 lb) |
$0.72
€0.68
|
$1.22
ISK169
|
|
| Tomatoes (1 lb) |
$1.17
€1.10
|
$2.22
ISK309
|
|
| Potatoes (1 lb) |
$0.65
€0.60
|
$1.43
ISK199
|
|
| Onions (1 lb) |
$0.87
€0.81
|
$0.93
ISK130
|
|
pay 27.4% more for transportation
|
Palma De Mallorca
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.66
€6.22
|
$8.50
ISK1,179
|
|
| Monthly public transit pass |
$40.73
€38.00
|
$74.95
ISK10,399
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,759.38
€33,362.28
|
$42,450.45
ISK5,889,576
|
|
| Taxi trip in downtown area (5 miles) |
$30.38
€28.35
|
$24.05
ISK3,337
|
|
pay 44.9% more for housing
|
Palma De Mallorca
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$37.63
€35.11
|
$69.87
ISK9,693
|
|
| 1-Bedroom apartment in downtown area |
$1,162.45
€1,084.53
|
$1,971.17
ISK273,480
|
|
| 1-Bedroom apartment outside city center |
$935.73
€873.01
|
$1,803.44
ISK250,209
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$171.76
€160.25
|
$53.95
ISK7,485
|
|
pay 55.0% less for childcare
|
Palma De Mallorca
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$660.92
€616.62
|
$252.14
ISK34,982
|
|
| Middle school for 1 child, two semesters |
$11,521.45
€10,749.12
|
$5,993.99
ISK831,607
|
|
pay 82.1% more for entertainment and sports
|
Palma De Mallorca
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.29
€4.00
|
$10.81
ISK1,500
|
|
| Cappuccino in mid-range area |
$3.17
€2.96
|
$5.31
ISK736
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.16
€5.75
|
$12.25
ISK1,699
|
|
| Monthly membership at local gym |
$53.83
€50.22
|
$69.95
ISK9,704
|
|
| Movie ticket to theater/cinema |
$9.11
€8.50
|
$14.77
ISK2,050
|
|
pay 46.0% more for clothing
|
Palma De Mallorca
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$88.96
€82.99
|
$108.97
ISK15,119
|
|
|
Regular dress
from H&M or similar store
|
$56.80
€53.00
|
$49.72
ISK6,898
|
|
|
Running shoes
Nike or Adidas
|
$83.60
€77.99
|
$151.85
ISK21,068
|
|
| Men's business shoes (leather) |
$100.92
€94.16
|
$194.16
ISK26,937
|
|
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