Cost of living comparison
Reykjavik is 15.0% more expensive than Portland.
- Restaurants
-
pay 8.5% more in Reykjavik
- Groceries
-
pay 2.5% more in Reykjavik
- Transportation
-
pay 66.0% more in Reykjavik
- Housing
-
pay 3.4% less in Reykjavik
- Childcare
-
pay 83.2% less in Reykjavik
- Entertainment and Sports
-
pay 14.5% more in Reykjavik
- Clothing
-
pay 100.0% more in Reykjavik
The cost of clothing, transportation, entertainment and sports, restaurants, and groceries in Reykjavik are more expensive than in Portland. Expenses including childcare and housing are lower in Reykjavik. Notably, clothing is significantly more expensive in Reykjavik.
If you lived in Reykjavik instead of Portland, you would:
pay 8.5% more for restaurants
Portland
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$25.00
|
$20.00
ISK2,644
|
|
Fast food combo meal
McDonalds, or similar
|
$12.00
|
$18.02
ISK2,382
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.87
|
$3.15
ISK417
|
|
Bottle of water (11 fl. oz) |
$2.32
|
$2.19
ISK289
|
|
pay 2.5% more for groceries
Portland
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$3.46
|
$3.61
ISK477
|
|
Local cheese (8 oz) |
$5.37
|
$7.76
ISK1,025
|
|
Milk (1 gallon) |
$3.95
|
$6.40
ISK847
|
|
Eggs
1 dozen
|
$4.50
|
$5.76
ISK761
|
|
Boneless chicken breast (1 lb) |
$4.37
|
$9.45
ISK1,249
|
|
Apples (1 lb) |
$3.05
|
$1.40
ISK185
|
|
Bananas (1 lb) |
$0.77
|
$1.01
ISK133
|
|
Oranges (1 lb) |
$4.08
|
$1.22
ISK161
|
|
Tomatoes (1 lb) |
$2.66
|
$2.22
ISK294
|
|
Potatoes (1 lb) |
$2.98
|
$1.43
ISK190
|
|
Onions (1 lb) |
$2.79
|
$0.93
ISK123
|
|
pay 66.0% more for transportation
Portland
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.49
|
$8.50
ISK1,124
|
|
Monthly public transit pass |
$60.00
|
$74.95
ISK9,908
|
|
New Volkswagen Golf 1.4 (standard edition) |
$32,765.67
|
$42,450.45
ISK5,611,101
|
|
Taxi trip in downtown area (5 miles) | ?? |
$24.05
ISK3,179
|
|
pay 3.4% less for housing
Portland
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$59.17
|
$69.87
ISK9,235
|
|
1-Bedroom apartment in downtown area |
$1,740.00
|
$1,971.17
ISK260,549
|
|
1-Bedroom apartment outside city center |
$1,460.00
|
$1,803.44
ISK238,379
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$172.06
|
$53.95
ISK7,132
|
|
pay 83.2% less for childcare
Portland
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$1,500.00
|
$252.14
ISK33,328
|
|
Middle school for 1 child, two semesters | ?? |
$5,993.99
ISK792,286
|
|
pay 14.5% more for entertainment and sports
Portland
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$6.50
|
$10.81
ISK1,429
|
|
Cappuccino in mid-range area |
$5.61
|
$5.31
ISK701
|
|
Pack of cigarettes
Marlboro or similar
|
$11.00
|
$12.25
ISK1,619
|
|
Monthly membership at local gym |
$70.00
|
$69.95
ISK9,246
|
|
Movie ticket to theater/cinema |
$14.75
|
$14.77
ISK1,953
|
|
pay 100.0% more for clothing
Portland
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$46.00
|
$108.97
ISK14,404
|
|
Regular dress
from H&M or similar store
|
$40.00
|
$49.72
ISK6,572
|
|
Running shoes
Nike or Adidas
|
$73.75
|
$151.85
ISK20,072
|
|
Men's business shoes (leather) |
$83.33
|
$194.16
ISK25,664
|
|
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