Cost of living comparison
Granada is 22.4% cheaper than Reykjavik.
- Restaurants
-
pay 14.4% less in Granada
- Groceries
-
pay 28.2% less in Granada
- Transportation
-
pay 23.0% less in Granada
- Housing
-
pay 28.4% less in Granada
- Childcare
-
pay 33.0% more in Granada
- Entertainment and Sports
-
pay 52.3% less in Granada
- Clothing
-
pay 43.8% less in Granada
Expenses including entertainment and sports, clothing, housing, groceries, transportation, and restaurants are lower in Granada.
If you lived in Granada instead of Reykjavik, you would:
pay 14.4% less for restaurants
Reykjavik
|
Granada
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,423
|
$16.08
€13.72
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,183
|
$9.65
€8.23
|
|
Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK382
|
$2.70
€2.30
|
|
Bottle of water (11 fl. oz) |
$2.19
ISK265
|
$2.68
€2.29
|
|
pay 28.2% less for groceries
Reykjavik
|
Granada
|
||
---|---|---|---|
Bread
1 loaf
|
$3.61
ISK437
|
$1.52
€1.30
|
|
Local cheese (8 oz) |
$7.76
ISK940
|
$9.11
€7.77
|
|
Milk (1 gallon) |
$6.40
ISK776
|
$3.99
€3.40
|
|
Eggs
1 dozen
|
$5.76
ISK697
|
$2.79
€2.38
|
|
Boneless chicken breast (1 lb) |
$9.45
ISK1,145
|
$3.52
€3.01
|
|
Apples (1 lb) |
$1.40
ISK170
|
$1.15
€0.99
|
|
Bananas (1 lb) |
$1.01
ISK122
|
$0.91
€0.78
|
|
Oranges (1 lb) |
$1.22
ISK148
|
$0.89
€0.76
|
|
Tomatoes (1 lb) |
$2.22
ISK270
|
$1.21
€1.04
|
|
Potatoes (1 lb) |
$1.43
ISK174
|
$1.02
€0.87
|
|
Onions (1 lb) |
$0.93
ISK113
|
$1.03
€0.88
|
|
pay 23.0% less for transportation
Reykjavik
|
Granada
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.50
ISK1,030
|
$6.38
€5.44
|
|
Monthly public transit pass |
$74.95
ISK9,082
|
$42.87
€36.58
|
|
New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,143,297
|
$35,759.38
€30,509.90
|
|
Taxi trip in downtown area (5 miles) |
$24.05
ISK2,914
|
$21.97
€18.75
|
|
pay 28.4% less for housing
Reykjavik
|
Granada
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK8,465
|
$25.18
€21.49
|
|
1-Bedroom apartment in downtown area |
$1,971.17
ISK238,827
|
$803.82
€685.82
|
|
1-Bedroom apartment outside city center |
$1,803.44
ISK218,505
|
$625.20
€533.42
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK6,537
|
$94.44
€80.57
|
|
pay 33.0% more for childcare
Reykjavik
|
Granada
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$252.14
ISK30,549
|
$348.32
€297.19
|
|
Middle school for 1 child, two semesters |
$5,993.99
ISK726,232
|
$7,663.11
€6,538.16
|
|
pay 52.3% less for entertainment and sports
Reykjavik
|
Granada
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$10.81
ISK1,310
|
$3.22
€2.74
|
|
Cappuccino in mid-range area |
$5.31
ISK643
|
$1.96
€1.67
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,484
|
$5.36
€4.57
|
|
Monthly membership at local gym |
$69.95
ISK8,475
|
$47.69
€40.69
|
|
Movie ticket to theater/cinema |
$14.77
ISK1,790
|
$8.84
€7.54
|
|
pay 43.8% less for clothing
Reykjavik
|
Granada
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$108.97
ISK13,203
|
$68.59
€58.52
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,024
|
$31.08
€26.52
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK18,399
|
$72.88
€62.18
|
|
Men's business shoes (leather) |
$194.16
ISK23,524
|
$100.03
€85.35
|
|
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