Cost of living comparison
Frankfurt is 15.8% more expensive than Reykjavik.
- Restaurants
-
pay 4.3% less in Frankfurt
- Groceries
-
pay 25.4% less in Frankfurt
- Transportation
-
pay 16.1% less in Frankfurt
- Housing
-
pay 80.5% more in Frankfurt
- Childcare
-
pay 2.3 times more in Frankfurt
- Entertainment and Sports
-
pay 27.0% less in Frankfurt
- Clothing
-
pay 25.4% less in Frankfurt
The cost of childcare and housing in Frankfurt are more expensive than in Reykjavik. Expenses including entertainment and sports, groceries, clothing, transportation, and restaurants are lower in Frankfurt. Notably, childcare and housing are significantly more expensive in Frankfurt.
If you lived in Frankfurt instead of Reykjavik, you would:
pay 4.3% less for restaurants
|
Reykjavik
|
Frankfurt
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,772
|
$19.29
€18.50
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,498
|
$11.25
€10.79
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK437
|
$3.03
€2.91
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK303
|
$2.79
€2.67
|
|
pay 25.4% less for groceries
|
Reykjavik
|
Frankfurt
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK500
|
$2.09
€2.00
|
|
| Local cheese (8 oz) |
$7.76
ISK1,075
|
$6.87
€6.59
|
|
| Milk (1 gallon) |
$6.40
ISK888
|
$4.62
€4.43
|
|
|
Eggs
1 dozen
|
$5.76
ISK798
|
$3.61
€3.46
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,310
|
$6.11
€5.86
|
|
| Apples (1 lb) |
$1.40
ISK194
|
$1.36
€1.31
|
|
| Bananas (1 lb) |
$1.01
ISK140
|
$0.74
€0.71
|
|
| Oranges (1 lb) |
$1.22
ISK169
|
$0.98
€0.94
|
|
| Tomatoes (1 lb) |
$2.22
ISK308
|
$2.14
€2.05
|
|
| Potatoes (1 lb) |
$1.43
ISK199
|
$0.69
€0.66
|
|
| Onions (1 lb) |
$0.93
ISK129
|
$0.74
€0.71
|
|
pay 16.1% less for transportation
|
Reykjavik
|
Frankfurt
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,178
|
$7.21
€6.92
|
|
| Monthly public transit pass |
$74.95
ISK10,390
|
$52.52
€50.36
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,884,481
|
$29,130.52
€27,934.92
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK3,334
|
$26.95
€25.85
|
|
pay 80.5% more for housing
|
Reykjavik
|
Frankfurt
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK9,685
|
$45.31
€43.45
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK273,244
|
$1,389.77
€1,332.73
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK249,993
|
$1,056.46
€1,013.10
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK7,479
|
$285.00
€273.30
|
|
pay 2.3 times more for childcare
|
Reykjavik
|
Frankfurt
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK34,952
|
$539.90
€517.74
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK830,887
|
$14,504.53
€13,909.22
|
|
pay 27.0% less for entertainment and sports
|
Reykjavik
|
Frankfurt
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,499
|
$5.36
€5.14
|
|
| Cappuccino in mid-range area |
$5.31
ISK735
|
$3.85
€3.70
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,697
|
$8.79
€8.43
|
|
| Monthly membership at local gym |
$69.95
ISK9,696
|
$53.59
€51.39
|
|
| Movie ticket to theater/cinema |
$14.77
ISK2,048
|
$13.93
€13.36
|
|
pay 25.4% less for clothing
|
Reykjavik
|
Frankfurt
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK15,106
|
$85.15
€81.65
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,892
|
$39.74
€38.11
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK21,050
|
$100.07
€95.96
|
|
| Men's business shoes (leather) |
$194.16
ISK26,914
|
$144.25
€138.33
|
|
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