Cost of living comparison
Fayetteville is 33.8% more expensive than Reykjavik.
- Restaurants
-
pay 32.1% less in Fayetteville
- Groceries
-
pay 16.7% less in Fayetteville
- Transportation
-
pay 40.5% less in Fayetteville
- Housing
-
pay 44.3% more in Fayetteville
- Childcare
-
pay 4.8 times more in Fayetteville
- Entertainment and Sports
-
pay 38.4% less in Fayetteville
- Clothing
-
pay 56.0% less in Fayetteville
The cost of childcare and housing in Fayetteville are more expensive than in Reykjavik. Expenses including clothing, transportation, entertainment and sports, restaurants, and groceries are lower in Fayetteville. Notably, childcare is significantly more expensive in Fayetteville.
If you lived in Fayetteville instead of Reykjavik, you would:
pay 32.1% less for restaurants
|
Reykjavik
|
Fayetteville
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,796
|
$14.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,519
|
$10.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK441
|
$2.23
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK305
|
$1.65
|
|
pay 16.7% less for groceries
|
Reykjavik
|
Fayetteville
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK505
|
$3.13
|
|
| Local cheese (8 oz) |
$7.76
ISK1,084
|
$3.49
|
|
| Milk (1 gallon) |
$6.40
ISK895
|
$3.27
|
|
|
Eggs
1 dozen
|
$5.76
ISK805
|
$2.46
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,321
|
$5.47
|
|
| Apples (1 lb) |
$1.40
ISK196
|
$2.33
|
|
| Bananas (1 lb) |
$1.01
ISK141
|
$1.00
|
|
| Oranges (1 lb) |
$1.22
ISK170
|
$1.25
|
|
| Tomatoes (1 lb) |
$2.22
ISK311
|
$1.31
|
|
| Potatoes (1 lb) |
$1.43
ISK201
|
$1.74
|
|
| Onions (1 lb) |
$0.93
ISK131
|
$0.79
|
|
pay 40.5% less for transportation
|
Reykjavik
|
Fayetteville
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,188
|
$3.16
|
|
| Monthly public transit pass |
$74.95
ISK10,477
|
?? | |
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,933,724
|
$34,689.37
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK3,362
|
?? | |
pay 44.3% more for housing
|
Reykjavik
|
Fayetteville
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK9,766
|
$78.75
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK275,530
|
$1,500.00
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK252,085
|
?? | |
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK7,542
|
$131.70
|
|
pay 4.8 times more for childcare
|
Reykjavik
|
Fayetteville
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK35,244
|
$1,200.00
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK837,840
|
?? | |
pay 38.4% less for entertainment and sports
|
Reykjavik
|
Fayetteville
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,511
|
$4.00
|
|
| Cappuccino in mid-range area |
$5.31
ISK742
|
$5.20
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,712
|
$6.00
|
|
| Monthly membership at local gym |
$69.95
ISK9,777
|
$30.00
|
|
| Movie ticket to theater/cinema |
$14.77
ISK2,065
|
$12.00
|
|
pay 56.0% less for clothing
|
Reykjavik
|
Fayetteville
|
||
|---|---|---|---|
|
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
|
$86.67
|
|
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