Cost of living comparison
Austria is 5.9% more expensive than Reykjavik.
If you lived in Austria instead of Reykjavik, you would:
pay 13.9% less for restaurants
|
Reykjavik
|
Austria
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,783
|
$15.38
€14.75
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,507
|
$10.63
€10.19
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK439
|
$3.11
€2.98
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK304
|
$2.40
€2.30
|
|
pay 16.6% less for groceries
|
Reykjavik
|
Austria
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK502
|
$2.51
€2.40
|
|
| Local cheese (8 oz) |
$7.76
ISK1,079
|
$8.15
€7.81
|
|
| Milk (1 gallon) |
$6.40
ISK891
|
$5.62
€5.38
|
|
|
Eggs
1 dozen
|
$5.76
ISK801
|
$4.05
€3.88
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,314
|
$6.06
€5.81
|
|
| Apples (1 lb) |
$1.40
ISK195
|
$1.15
€1.11
|
|
| Bananas (1 lb) |
$1.01
ISK140
|
$0.97
€0.93
|
|
| Oranges (1 lb) |
$1.22
ISK169
|
$1.36
€1.30
|
|
| Tomatoes (1 lb) |
$2.22
ISK309
|
$1.88
€1.81
|
|
| Potatoes (1 lb) |
$1.43
ISK200
|
$0.87
€0.84
|
|
| Onions (1 lb) |
$0.93
ISK130
|
$0.80
€0.77
|
|
pay 28.4% less for transportation
|
Reykjavik
|
Austria
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,183
|
$6.30
€6.04
|
|
| Monthly public transit pass |
$74.95
ISK10,428
|
$48.89
€46.87
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,906,131
|
$26,790.93
€25,686.42
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK3,346
|
$20.20
€19.37
|
|
pay 61.1% more for housing
|
Reykjavik
|
Austria
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK9,720
|
$36.05
€34.56
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK274,249
|
$834.31
€799.91
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK250,913
|
$704.76
€675.71
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK7,507
|
$275.88
€264.51
|
|
pay 2.0 times more for childcare
|
Reykjavik
|
Austria
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK35,080
|
$436.40
€418.41
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK833,944
|
$14,173.71
€13,589.37
|
|
pay 36.9% less for entertainment and sports
|
Reykjavik
|
Austria
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,504
|
$4.65
€4.46
|
|
| Cappuccino in mid-range area |
$5.31
ISK738
|
$3.63
€3.48
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,704
|
$6.56
€6.29
|
|
| Monthly membership at local gym |
$69.95
ISK9,732
|
$45.89
€44.00
|
|
| Movie ticket to theater/cinema |
$14.77
ISK2,056
|
$12.58
€12.06
|
|
pay 28.6% less for clothing
|
Reykjavik
|
Austria
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK15,161
|
$85.11
€81.60
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,918
|
$43.90
€42.09
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK21,127
|
$88.16
€84.53
|
|
| Men's business shoes (leather) |
$194.16
ISK27,013
|
$118.74
€113.84
|
|
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