Cost of living comparison
Genk is 6.9% more expensive than Reykjavik.
If you lived in Genk instead of Reykjavik, you would:
pay 20.7% less for restaurants
Reykjavik
|
Genk
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$21.59
ISK2,962
|
$16.24
€14.64
|
|
Fast food combo meal
McDonalds, or similar
|
$17.27
ISK2,370
|
$10.83
€9.76
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.90
ISK398
|
$2.17
€1.95
|
|
Bottle of water (11 fl. oz) |
$2.07
ISK284
|
$2.17
€1.95
|
|
pay 33.5% less for groceries
Reykjavik
|
Genk
|
||
---|---|---|---|
Bread
1 loaf
|
$3.68
ISK506
|
$2.09
€1.89
|
|
Local cheese (8 oz) |
$7.66
ISK1,051
|
$4.47
€4.03
|
|
Milk (1 gallon) |
$6.16
ISK846
|
$3.38
€3.05
|
|
Eggs
1 dozen
|
$5.91
ISK811
|
$2.92
€2.63
|
|
Boneless chicken breast (1 lb) |
$8.87
ISK1,218
|
$3.93
€3.54
|
|
Apples (1 lb) |
$1.53
ISK210
|
$0.74
€0.66
|
|
Bananas (1 lb) |
$0.97
ISK133
|
$0.90
€0.82
|
|
Oranges (1 lb) |
$1.26
ISK173
|
$1.42
€1.28
|
|
Tomatoes (1 lb) |
$2.23
ISK306
|
$1.24
€1.11
|
|
Potatoes (1 lb) |
$1.42
ISK194
|
$1.10
€0.99
|
|
Onions (1 lb) |
$1.01
ISK139
|
$0.81
€0.73
|
|
pay 20.6% less for transportation
Reykjavik
|
Genk
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.57
ISK1,177
|
$7.16
€6.46
|
|
Monthly public transit pass |
$66.92
ISK9,184
|
$54.15
€48.80
|
|
New Volkswagen Golf 1.4 (standard edition) |
$41,660.67
ISK5,717,510
|
$21,659.74
€19,518.24
|
|
Taxi trip in downtown area (5 miles) |
$23.30
ISK3,197
|
$23.61
€21.27
|
|
pay 1.6% more for housing
Reykjavik
|
Genk
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$68.45
ISK9,394
|
$50.16
€45.20
|
|
1-Bedroom apartment in downtown area |
$1,864.13
ISK255,834
|
$785.17
€707.54
|
|
1-Bedroom apartment outside city center |
$1,666.20
ISK228,669
|
$676.87
€609.95
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$64.43
ISK8,843
|
$161.49
€145.53
|
|
pay 2.7 times more for childcare
Reykjavik
|
Genk
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$240.37
ISK32,988
|
$606.47
€546.51
|
|
Middle school for 1 child, two semesters |
$5,984.07
ISK821,254
|
$17,327.79
€15,614.60
|
|
pay 28.8% less for entertainment and sports
Reykjavik
|
Genk
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$10.79
ISK1,481
|
$4.33
€3.90
|
|
Cappuccino in mid-range area |
$5.09
ISK698
|
$3.25
€2.93
|
|
Pack of cigarettes
Marlboro or similar
|
$11.87
ISK1,629
|
$8.93
€8.05
|
|
Monthly membership at local gym |
$65.50
ISK8,990
|
$54.15
€48.80
|
|
Movie ticket to theater/cinema |
$14.39
ISK1,975
|
$13.54
€12.20
|
|
pay 20.5% less for clothing
Reykjavik
|
Genk
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$103.94
ISK14,265
|
$99.63
€89.78
|
|
Regular dress
from H&M or similar store
|
$43.50
ISK5,969
|
$48.73
€43.91
|
|
Running shoes
Nike or Adidas
|
$141.47
ISK19,416
|
$81.22
€73.19
|
|
Men's business shoes (leather) |
$174.65
ISK23,969
|
$92.05
€82.95
|
|
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