Cost of living comparison
Reykjavik is 2.9 times more expensive than Recife.
If you lived in Reykjavik instead of Recife, you would:
pay 3.6 times more for restaurants
|
Recife
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$4.39
R$25.04
|
$21.59
ISK2,981
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.80
R$44.51
|
$17.27
ISK2,385
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.86
R$4.88
|
$2.90
ISK401
|
|
| Bottle of water (11 fl. oz) |
$0.53
R$3.05
|
$2.07
ISK286
|
|
pay 2.4 times more for groceries
|
Recife
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.35
R$7.72
|
$3.68
ISK509
|
|
| Local cheese (8 oz) |
$4.01
R$22.90
|
$7.66
ISK1,058
|
|
| Milk (1 gallon) |
$5.29
R$30.20
|
$6.16
ISK851
|
|
|
Eggs
1 dozen
|
$2.52
R$14.36
|
$5.91
ISK817
|
|
| Boneless chicken breast (1 lb) |
$1.76
R$10.02
|
$8.87
ISK1,225
|
|
| Apples (1 lb) |
$1.14
R$6.49
|
$1.53
ISK211
|
|
| Bananas (1 lb) |
$0.50
R$2.83
|
$0.97
ISK134
|
|
| Oranges (1 lb) |
$0.61
R$3.48
|
$1.26
ISK174
|
|
| Tomatoes (1 lb) |
$0.70
R$3.97
|
$2.23
ISK308
|
|
| Potatoes (1 lb) |
$0.50
R$2.87
|
$1.42
ISK195
|
|
| Onions (1 lb) |
$0.51
R$2.90
|
$1.01
ISK140
|
|
pay 2.4 times more for transportation
|
Recife
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.00
R$22.81
|
$8.57
ISK1,184
|
|
| Monthly public transit pass |
$38.99
R$222.55
|
$66.92
ISK9,242
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$23,395.46
R$133,529.60
|
$41,660.67
ISK5,754,172
|
|
| Taxi trip in downtown area (5 miles) |
$5.85
R$33.38
|
$23.30
ISK3,218
|
|
pay 5.3 times more for housing
|
Recife
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$19.30
R$110.16
|
$68.45
ISK9,454
|
|
| 1-Bedroom apartment in downtown area |
$281.48
R$1,606.53
|
$1,864.13
ISK257,474
|
|
| 1-Bedroom apartment outside city center |
$170.59
R$973.65
|
$1,666.20
ISK230,135
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$44.96
R$256.61
|
$64.43
ISK8,900
|
|
pay 48.2% less for childcare
|
Recife
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$337.93
R$1,928.76
|
$240.37
ISK33,200
|
|
| Middle school for 1 child, two semesters |
$18,456.42
R$105,340.01
|
$5,984.07
ISK826,520
|
|
pay 4.2 times more for entertainment and sports
|
Recife
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.75
R$10.01
|
$10.79
ISK1,491
|
|
| Cappuccino in mid-range area |
$1.64
R$9.35
|
$5.09
ISK703
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.75
R$10.01
|
$11.87
ISK1,640
|
|
| Monthly membership at local gym |
$21.58
R$123.14
|
$65.50
ISK9,047
|
|
| Movie ticket to theater/cinema |
$6.82
R$38.95
|
$14.39
ISK1,988
|
|
pay 72.5% more for clothing
|
Recife
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$57.84
R$330.11
|
$103.94
ISK14,356
|
|
|
Regular dress
from H&M or similar store
|
$46.30
R$264.28
|
$43.50
ISK6,008
|
|
|
Running shoes
Nike or Adidas
|
$84.48
R$482.19
|
$141.47
ISK19,540
|
|
| Men's business shoes (leather) |
$70.19
R$400.59
|
$174.65
ISK24,123
|
|
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