Cost of living comparison
Albany is 53.7% more expensive than Reykjavik.
If you lived in Albany instead of Reykjavik, you would:
pay 13.1% less for restaurants
Reykjavik
|
Albany
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$21.59
ISK2,996
|
$20.00
|
|
Fast food combo meal
McDonalds, or similar
|
$17.27
ISK2,397
|
$11.90
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.90
ISK403
|
$2.64
|
|
Bottle of water (11 fl. oz) |
$2.07
ISK288
|
$1.97
|
|
pay 9.6% more for groceries
Reykjavik
|
Albany
|
||
---|---|---|---|
Bread
1 loaf
|
$3.68
ISK511
|
$4.80
|
|
Local cheese (8 oz) |
$7.66
ISK1,063
|
$7.65
|
|
Milk (1 gallon) |
$6.16
ISK855
|
$4.06
|
|
Eggs
1 dozen
|
$5.91
ISK820
|
$5.12
|
|
Boneless chicken breast (1 lb) |
$8.87
ISK1,231
|
$5.57
|
|
Apples (1 lb) |
$1.53
ISK212
|
$2.16
|
|
Bananas (1 lb) |
$0.97
ISK134
|
$0.63
|
|
Oranges (1 lb) |
$1.26
ISK175
|
$2.35
|
|
Tomatoes (1 lb) |
$2.23
ISK309
|
$2.12
|
|
Potatoes (1 lb) |
$1.42
ISK196
|
$1.39
|
|
Onions (1 lb) |
$1.01
ISK140
|
$1.76
|
|
pay 25.0% less for transportation
Reykjavik
|
Albany
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.57
ISK1,190
|
$3.68
|
|
Monthly public transit pass |
$66.92
ISK9,287
|
$77.50
|
|
New Volkswagen Golf 1.4 (standard edition) |
$41,660.67
ISK5,781,668
|
$30,000.00
|
|
Taxi trip in downtown area (5 miles) |
$23.30
ISK3,233
|
$16.15
|
|
pay 16.8% more for housing
Reykjavik
|
Albany
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$68.45
ISK9,499
|
$61.61
|
|
1-Bedroom apartment in downtown area |
$1,864.13
ISK258,704
|
$1,407.50
|
|
1-Bedroom apartment outside city center |
$1,666.20
ISK231,235
|
$1,391.25
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$64.43
ISK8,942
|
$140.46
|
|
pay 5.3 times more for childcare
Reykjavik
|
Albany
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$240.37
ISK33,358
|
$1,400.00
|
|
Middle school for 1 child, two semesters |
$5,984.07
ISK830,470
|
$28,000.00
|
|
pay 6.2% less for entertainment and sports
Reykjavik
|
Albany
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$10.79
ISK1,498
|
$5.00
|
|
Cappuccino in mid-range area |
$5.09
ISK706
|
$5.00
|
|
Pack of cigarettes
Marlboro or similar
|
$11.87
ISK1,648
|
$14.00
|
|
Monthly membership at local gym |
$65.50
ISK9,090
|
$67.00
|
|
Movie ticket to theater/cinema |
$14.39
ISK1,997
|
$15.00
|
|
pay 31.6% less for clothing
Reykjavik
|
Albany
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$103.94
ISK14,425
|
$44.67
|
|
Regular dress
from H&M or similar store
|
$43.50
ISK6,036
|
$46.37
|
|
Running shoes
Nike or Adidas
|
$141.47
ISK19,634
|
$87.25
|
|
Men's business shoes (leather) |
$174.65
ISK24,238
|
$109.00
|
|
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