Cost of living comparison
Reykjavik is 47.9% more expensive than Piacenza.
- Restaurants
-
pay 45.1% more in Reykjavik
- Groceries
-
pay 34.2% more in Reykjavik
- Transportation
-
pay 27.6% more in Reykjavik
- Housing
-
pay 2.3 times more in Reykjavik
- Childcare
-
pay 32.8% less in Reykjavik
- Entertainment and Sports
-
pay 93.8% more in Reykjavik
- Clothing
-
pay 37.8% more in Reykjavik
The cost of housing, entertainment and sports, restaurants, clothing, groceries, and transportation in Reykjavik are more expensive than in Piacenza. Notably, housing and entertainment and sports are significantly more expensive in Reykjavik.
If you lived in Reykjavik instead of Piacenza, you would:
pay 45.1% more for restaurants
|
Piacenza
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$21.44
€18.89
|
$20.00
ISK2,545
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.72
€9.44
|
$18.02
ISK2,293
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.68
€2.36
|
$3.15
ISK401
|
|
| Bottle of water (11 fl. oz) |
$1.09
€0.96
|
$2.19
ISK278
|
|
pay 34.2% more for groceries
|
Piacenza
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.68
€2.36
|
$3.61
ISK459
|
|
| Local cheese (8 oz) |
$5.89
€5.19
|
$7.76
ISK987
|
|
| Milk (1 gallon) |
$5.55
€4.89
|
$6.40
ISK815
|
|
|
Eggs
1 dozen
|
$3.93
€3.46
|
$5.76
ISK733
|
|
| Boneless chicken breast (1 lb) |
$6.48
€5.71
|
$9.45
ISK1,202
|
|
| Apples (1 lb) |
$1.17
€1.03
|
$1.40
ISK178
|
|
| Bananas (1 lb) |
$0.73
€0.64
|
$1.01
ISK128
|
|
| Oranges (1 lb) |
$1.13
€1.00
|
$1.22
ISK155
|
|
| Tomatoes (1 lb) |
$1.70
€1.50
|
$2.22
ISK283
|
|
| Potatoes (1 lb) |
$0.83
€0.73
|
$1.43
ISK183
|
|
| Onions (1 lb) |
$0.70
€0.62
|
$0.93
ISK119
|
|
pay 27.6% more for transportation
|
Piacenza
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.20
€6.34
|
$8.50
ISK1,082
|
|
| Monthly public transit pass |
$53.59
€47.22
|
$74.95
ISK9,538
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$23,578.79
€20,778.57
|
$42,450.45
ISK5,401,820
|
|
| Taxi trip in downtown area (5 miles) |
$33.22
€29.28
|
$24.05
ISK3,060
|
|
pay 2.3 times more for housing
|
Piacenza
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$29.58
€26.07
|
$69.87
ISK8,890
|
|
| 1-Bedroom apartment in downtown area |
$643.06
€566.69
|
$1,971.17
ISK250,832
|
|
| 1-Bedroom apartment outside city center |
$535.88
€472.24
|
$1,803.44
ISK229,488
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$141.72
€124.89
|
$53.95
ISK6,866
|
|
pay 32.8% less for childcare
|
Piacenza
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$375.12
€330.57
|
$252.14
ISK32,085
|
|
| Middle school for 1 child, two semesters | ?? |
$5,993.99
ISK762,736
|
|
pay 93.8% more for entertainment and sports
|
Piacenza
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.36
€4.72
|
$10.81
ISK1,376
|
|
| Cappuccino in mid-range area |
$1.73
€1.52
|
$5.31
ISK675
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.89
€5.19
|
$12.25
ISK1,558
|
|
| Monthly membership at local gym |
$52.52
€46.28
|
$69.95
ISK8,901
|
|
| Movie ticket to theater/cinema |
$12.33
€10.86
|
$14.77
ISK1,880
|
|
pay 37.8% more for clothing
|
Piacenza
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$82.17
€72.41
|
$108.97
ISK13,867
|
|
|
Regular dress
from H&M or similar store
|
$50.64
€44.63
|
$49.72
ISK6,327
|
|
|
Running shoes
Nike or Adidas
|
$94.67
€83.43
|
$151.85
ISK19,323
|
|
| Men's business shoes (leather) |
$121.47
€107.04
|
$194.16
ISK24,707
|
|
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