Cost of living comparison
Cochabamba is 52.2% cheaper than Reykjavik.
- Restaurants
-
pay 75.3% less in Cochabamba
- Groceries
-
pay 51.8% less in Cochabamba
- Transportation
-
pay 62.6% less in Cochabamba
- Housing
-
pay 62.9% less in Cochabamba
- Childcare
-
pay 9.5% less in Cochabamba
- Entertainment and Sports
-
pay 63.7% less in Cochabamba
- Clothing
-
pay 39.6% less in Cochabamba
Expenses including restaurants, entertainment and sports, housing, transportation, groceries, and clothing are lower in Cochabamba.
If you lived in Cochabamba instead of Reykjavik, you would:
pay 75.3% less for restaurants
|
Reykjavik
|
Cochabamba
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,632
|
$2.51
BOB17.36
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,371
|
$7.18
BOB49.59
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK415
|
$0.67
BOB4.66
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK288
|
$0.55
BOB3.77
|
|
pay 51.8% less for groceries
|
Reykjavik
|
Cochabamba
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK475
|
$1.68
BOB11.58
|
|
| Local cheese (8 oz) |
$7.76
ISK1,021
|
$2.63
BOB18.18
|
|
| Milk (1 gallon) |
$6.40
ISK843
|
$4.35
BOB30.04
|
|
|
Eggs
1 dozen
|
$5.76
ISK757
|
$1.70
BOB11.77
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,243
|
$1.54
BOB10.65
|
|
| Apples (1 lb) |
$1.40
ISK185
|
$1.35
BOB9.34
|
|
| Bananas (1 lb) |
$1.01
ISK133
|
$0.39
BOB2.70
|
|
| Oranges (1 lb) |
$1.22
ISK160
|
$0.61
BOB4.20
|
|
| Tomatoes (1 lb) |
$2.22
ISK293
|
$0.65
BOB4.50
|
|
| Potatoes (1 lb) |
$1.43
ISK189
|
$0.99
BOB6.84
|
|
| Onions (1 lb) |
$0.93
ISK123
|
$0.49
BOB3.37
|
|
pay 62.6% less for transportation
|
Reykjavik
|
Cochabamba
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,119
|
$2.03
BOB14.04
|
|
| Monthly public transit pass |
$74.95
ISK9,863
|
?? | |
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,585,630
|
$14,713.93
BOB101,663.75
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK3,165
|
$12.92
BOB89.27
|
|
pay 62.9% less for housing
|
Reykjavik
|
Cochabamba
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK9,193
|
$56.16
BOB388.01
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK259,367
|
$258.39
BOB1,785.31
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK237,297
|
$165.08
BOB1,140.62
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK7,099
|
$24.60
BOB169.99
|
|
pay 9.5% less for childcare
|
Reykjavik
|
Cochabamba
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK33,177
|
$272.75
BOB1,884.50
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK788,690
|
$4,363.93
BOB30,151.98
|
|
pay 63.7% less for entertainment and sports
|
Reykjavik
|
Cochabamba
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,422
|
$1.44
BOB9.92
|
|
| Cappuccino in mid-range area |
$5.31
ISK698
|
$2.64
BOB18.25
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,611
|
$2.37
BOB16.37
|
|
| Monthly membership at local gym |
$69.95
ISK9,204
|
$45.46
BOB314.08
|
|
| Movie ticket to theater/cinema |
$14.77
ISK1,944
|
$5.02
BOB34.71
|
|
pay 39.6% less for clothing
|
Reykjavik
|
Cochabamba
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK14,339
|
$57.42
BOB396.74
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,542
|
$46.65
BOB322.35
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK19,981
|
$71.78
BOB495.92
|
|
| Men's business shoes (leather) |
$194.16
ISK25,547
|
$93.10
BOB643.24
|
|
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