Cost of living comparison
Keflavik is 2.0 times more expensive than Quito.
- Restaurants
-
pay 2.9 times more in Keflavik
- Groceries
-
pay 84.4% more in Keflavik
- Transportation
-
pay 2.8 times more in Keflavik
- Housing
-
pay 2.2 times more in Keflavik
- Childcare
-
pay 14.7% less in Keflavik
- Entertainment and Sports
-
pay 84.0% more in Keflavik
- Clothing
-
pay 79.5% more in Keflavik
The cost of restaurants, transportation, housing, groceries, entertainment and sports, and clothing in Keflavik are more expensive than in Quito. Notably, restaurants, transportation, and housing are significantly more expensive in Keflavik.
If you lived in Keflavik instead of Quito, you would:
pay 2.9 times more for restaurants
|
Quito
|
Keflavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$5.00
|
$20.00
ISK2,552
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.00
|
$15.10
ISK1,927
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.08
|
$2.88
ISK368
|
|
| Bottle of water (11 fl. oz) |
$0.70
|
$2.19
ISK279
|
|
pay 84.4% more for groceries
|
Quito
|
Keflavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.58
|
$3.61
ISK461
|
|
| Local cheese (8 oz) |
$4.12
|
$7.76
ISK990
|
|
| Milk (1 gallon) |
$4.23
|
$6.40
ISK817
|
|
|
Eggs
1 dozen
|
$2.31
|
$5.40
ISK689
|
|
| Boneless chicken breast (1 lb) |
$3.38
|
$8.60
ISK1,097
|
|
| Apples (1 lb) |
$1.08
|
$0.92
ISK117
|
|
| Bananas (1 lb) |
$0.55
|
$0.92
ISK117
|
|
| Oranges (1 lb) |
$0.55
|
$0.98
ISK125
|
|
| Tomatoes (1 lb) |
$0.61
|
$1.50
ISK192
|
|
| Potatoes (1 lb) |
$0.64
|
$1.08
ISK138
|
|
| Onions (1 lb) |
$0.47
|
$0.60
ISK77
|
|
pay 2.8 times more for transportation
|
Quito
|
Keflavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$2.69
|
$8.49
ISK1,083
|
|
| Monthly public transit pass |
$20.00
|
$80.36
ISK10,255
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$20,000.00
|
$42,450.45
ISK5,417,102
|
|
| Taxi trip in downtown area (5 miles) |
$13.50
|
$24.05
ISK3,069
|
|
pay 2.2 times more for housing
|
Quito
|
Keflavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$31.13
|
$64.86
ISK8,277
|
|
| 1-Bedroom apartment in downtown area |
$451.67
|
$1,345.35
ISK171,680
|
|
| 1-Bedroom apartment outside city center |
$362.50
|
$960.96
ISK122,628
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$31.45
|
$31.23
ISK3,985
|
|
pay 14.7% less for childcare
|
Quito
|
Keflavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$288.89
|
$252.14
ISK32,176
|
|
| Middle school for 1 child, two semesters |
$7,190.00
|
$5,993.99
ISK764,894
|
|
pay 84.0% more for entertainment and sports
|
Quito
|
Keflavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.50
|
$7.57
ISK966
|
|
| Cappuccino in mid-range area |
$2.78
|
$3.57
ISK455
|
|
|
Pack of cigarettes
Marlboro or similar
|
$7.50
|
$10.77
ISK1,375
|
|
| Monthly membership at local gym |
$37.27
|
$57.66
ISK7,358
|
|
| Movie ticket to theater/cinema |
$7.00
|
$13.33
ISK1,701
|
|
pay 79.5% more for clothing
|
Quito
|
Keflavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$43.89
|
$108.97
ISK13,906
|
|
|
Regular dress
from H&M or similar store
|
$44.40
|
$49.72
ISK6,345
|
|
|
Running shoes
Nike or Adidas
|
$97.73
|
$151.85
ISK19,378
|
|
| Men's business shoes (leather) |
$83.12
|
$168.17
ISK21,460
|
|
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