Cost of living comparison
Chapel Hill is 47.4% more expensive than Reykjavik.
- Restaurants
-
pay 31.9% less in Chapel Hill
- Groceries
-
pay 11.3% more in Chapel Hill
- Transportation
-
pay 31.1% less in Chapel Hill
- Housing
-
pay 23.9% more in Chapel Hill
- Childcare
-
pay 5.6 times more in Chapel Hill
- Entertainment and Sports
-
pay 39.0% less in Chapel Hill
- Clothing
-
pay 56.5% less in Chapel Hill
The cost of childcare, housing, and groceries in Chapel Hill are more expensive than in Reykjavik. Expenses including clothing, entertainment and sports, restaurants, and transportation are lower in Chapel Hill. Notably, childcare is significantly more expensive in Chapel Hill.
If you lived in Chapel Hill instead of Reykjavik, you would:
pay 31.9% less for restaurants
|
Reykjavik
|
Chapel Hill
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,796
|
$15.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,519
|
$9.41
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK441
|
$2.20
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK305
|
$1.65
|
|
pay 11.3% more for groceries
|
Reykjavik
|
Chapel Hill
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK505
|
$3.31
|
|
| Local cheese (8 oz) |
$7.76
ISK1,084
|
$6.61
|
|
| Milk (1 gallon) |
$6.40
ISK895
|
$3.27
|
|
|
Eggs
1 dozen
|
$5.76
ISK805
|
$4.50
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,321
|
$2.50
|
|
| Apples (1 lb) |
$1.40
ISK196
|
$3.63
|
|
| Bananas (1 lb) |
$1.01
ISK141
|
$0.69
|
|
| Oranges (1 lb) |
$1.22
ISK170
|
$2.70
|
|
| Tomatoes (1 lb) |
$2.22
ISK311
|
$2.50
|
|
| Potatoes (1 lb) |
$1.43
ISK201
|
$1.27
|
|
| Onions (1 lb) |
$0.93
ISK131
|
$1.33
|
|
pay 31.1% less for transportation
|
Reykjavik
|
Chapel Hill
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,188
|
$3.24
|
|
| Monthly public transit pass |
$74.95
ISK10,477
|
?? | |
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,933,724
|
$42,344.68
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK3,362
|
?? | |
pay 23.9% more for housing
|
Reykjavik
|
Chapel Hill
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK9,766
|
$71.67
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK275,530
|
$1,325.00
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK252,085
|
$1,475.00
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK7,542
|
$131.70
|
|
pay 5.6 times more for childcare
|
Reykjavik
|
Chapel Hill
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK35,244
|
$1,400.00
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK837,840
|
?? | |
pay 39.0% less for entertainment and sports
|
Reykjavik
|
Chapel Hill
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,511
|
$5.00
|
|
| Cappuccino in mid-range area |
$5.31
ISK742
|
$4.35
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,712
|
$6.00
|
|
| Monthly membership at local gym |
$69.95
ISK9,777
|
$42.00
|
|
| Movie ticket to theater/cinema |
$14.77
ISK2,065
|
$10.00
|
|
pay 56.5% less for clothing
|
Reykjavik
|
Chapel Hill
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK15,232
|
$46.25
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,950
|
$22.33
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK21,226
|
$67.00
|
|
| Men's business shoes (leather) |
$194.16
ISK27,139
|
$82.50
|
|
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