Cost of living comparison
Bolivia is 57.9% cheaper than Reykjavik.
- Restaurants
-
pay 70.7% less in Bolivia
- Groceries
-
pay 58.9% less in Bolivia
- Transportation
-
pay 62.2% less in Bolivia
- Housing
-
pay 63.2% less in Bolivia
- Childcare
-
pay 37.5% less in Bolivia
- Entertainment and Sports
-
pay 64.2% less in Bolivia
- Clothing
-
pay 48.8% less in Bolivia
Expenses including restaurants, entertainment and sports, housing, transportation, groceries, and clothing are lower in Bolivia.
If you lived in Bolivia instead of Reykjavik, you would:
pay 70.7% less for restaurants
|
Reykjavik
|
Bolivia
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,664
|
$3.05
BOB21.03
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,400
|
$6.91
BOB47.62
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK420
|
$0.94
BOB6.48
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK291
|
$0.74
BOB5.07
|
|
pay 58.9% less for groceries
|
Reykjavik
|
Bolivia
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK481
|
$1.27
BOB8.72
|
|
| Local cheese (8 oz) |
$7.76
ISK1,033
|
$2.34
BOB16.14
|
|
| Milk (1 gallon) |
$6.40
ISK853
|
$3.62
BOB24.96
|
|
|
Eggs
1 dozen
|
$5.76
ISK767
|
$1.94
BOB13.35
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,258
|
$1.55
BOB10.65
|
|
| Apples (1 lb) |
$1.40
ISK187
|
$0.95
BOB6.56
|
|
| Bananas (1 lb) |
$1.01
ISK134
|
$0.45
BOB3.07
|
|
| Oranges (1 lb) |
$1.22
ISK162
|
$0.54
BOB3.71
|
|
| Tomatoes (1 lb) |
$2.22
ISK296
|
$0.63
BOB4.34
|
|
| Potatoes (1 lb) |
$1.43
ISK191
|
$0.62
BOB4.28
|
|
| Onions (1 lb) |
$0.93
ISK124
|
$0.49
BOB3.37
|
|
pay 62.2% less for transportation
|
Reykjavik
|
Bolivia
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,132
|
$2.00
BOB13.81
|
|
| Monthly public transit pass |
$74.95
ISK9,984
|
$25.96
BOB178.94
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,654,400
|
$16,221.21
BOB111,814.85
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK3,204
|
$13.22
BOB91.16
|
|
pay 63.2% less for housing
|
Reykjavik
|
Bolivia
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK9,306
|
$45.11
BOB310.96
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK262,560
|
$339.61
BOB2,340.94
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK240,218
|
$201.58
BOB1,389.52
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK7,187
|
$29.25
BOB201.62
|
|
pay 37.5% less for childcare
|
Reykjavik
|
Bolivia
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK33,585
|
$177.46
BOB1,223.28
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK798,400
|
$3,275.34
BOB22,577.36
|
|
pay 64.2% less for entertainment and sports
|
Reykjavik
|
Bolivia
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,440
|
$1.78
BOB12.25
|
|
| Cappuccino in mid-range area |
$5.31
ISK707
|
$2.57
BOB17.74
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,631
|
$2.60
BOB17.93
|
|
| Monthly membership at local gym |
$69.95
ISK9,317
|
$34.68
BOB239.05
|
|
| Movie ticket to theater/cinema |
$14.77
ISK1,968
|
$6.37
BOB43.91
|
|
pay 48.8% less for clothing
|
Reykjavik
|
Bolivia
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK14,515
|
$41.88
BOB288.69
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,623
|
$48.40
BOB333.65
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK20,227
|
$61.94
BOB426.97
|
|
| Men's business shoes (leather) |
$194.16
ISK25,862
|
$54.65
BOB376.68
|
|
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