Cost of living comparison
Hamburg is 18.5% more expensive than Reykjavik.
- Restaurants
-
pay 7.5% less in Hamburg
- Groceries
-
pay 23.7% less in Hamburg
- Transportation
-
pay 12.5% less in Hamburg
- Housing
-
pay 69.5% more in Hamburg
- Childcare
-
pay 2.5 times more in Hamburg
- Entertainment and Sports
-
pay 25.7% less in Hamburg
- Clothing
-
pay 20.3% less in Hamburg
The cost of childcare and housing in Hamburg are more expensive than in Reykjavik. Expenses including entertainment and sports, groceries, clothing, transportation, and restaurants are lower in Hamburg. Notably, childcare is significantly more expensive in Hamburg.
If you lived in Hamburg instead of Reykjavik, you would:
pay 7.5% less for restaurants
|
Reykjavik
|
Hamburg
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,493
|
$16.08
€13.92
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,246
|
$10.72
€9.28
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK393
|
$3.12
€2.70
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK272
|
$2.87
€2.48
|
|
pay 23.7% less for groceries
|
Reykjavik
|
Hamburg
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK450
|
$2.08
€1.80
|
|
| Local cheese (8 oz) |
$7.76
ISK967
|
$6.62
€5.73
|
|
| Milk (1 gallon) |
$6.40
ISK798
|
$4.63
€4.01
|
|
|
Eggs
1 dozen
|
$5.76
ISK718
|
$3.62
€3.14
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,178
|
$6.44
€5.58
|
|
| Apples (1 lb) |
$1.40
ISK175
|
$1.36
€1.18
|
|
| Bananas (1 lb) |
$1.01
ISK126
|
$0.79
€0.68
|
|
| Oranges (1 lb) |
$1.22
ISK152
|
$1.01
€0.87
|
|
| Tomatoes (1 lb) |
$2.22
ISK277
|
$2.10
€1.82
|
|
| Potatoes (1 lb) |
$1.43
ISK179
|
$0.79
€0.68
|
|
| Onions (1 lb) |
$0.93
ISK116
|
$0.80
€0.69
|
|
pay 12.5% less for transportation
|
Reykjavik
|
Hamburg
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,060
|
$7.34
€6.35
|
|
| Monthly public transit pass |
$74.95
ISK9,343
|
$52.52
€45.47
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,291,449
|
$30,845.34
€26,707.07
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK2,998
|
$29.04
€25.15
|
|
pay 69.5% more for housing
|
Reykjavik
|
Hamburg
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK8,709
|
$43.81
€37.93
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK245,706
|
$1,166.50
€1,010.00
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK224,799
|
$864.08
€748.16
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK6,725
|
$274.06
€237.29
|
|
pay 2.5 times more for childcare
|
Reykjavik
|
Hamburg
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK31,429
|
$211.49
€183.12
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK747,151
|
$24,918.49
€21,575.38
|
|
pay 25.7% less for entertainment and sports
|
Reykjavik
|
Hamburg
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,348
|
$5.36
€4.64
|
|
| Cappuccino in mid-range area |
$5.31
ISK661
|
$4.26
€3.69
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,526
|
$8.79
€7.61
|
|
| Monthly membership at local gym |
$69.95
ISK8,719
|
$47.73
€41.33
|
|
| Movie ticket to theater/cinema |
$14.77
ISK1,842
|
$15.00
€12.99
|
|
pay 20.3% less for clothing
|
Reykjavik
|
Hamburg
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK13,583
|
$80.38
€69.60
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,198
|
$49.80
€43.12
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK18,929
|
$99.04
€85.76
|
|
| Men's business shoes (leather) |
$194.16
ISK24,202
|
$154.65
€133.90
|
|
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