Cost of living comparison
Hoboken is 78.1% more expensive than Reykjavik.
- Restaurants
-
pay 25.8% less in Hoboken
- Groceries
-
pay 5.2% more in Hoboken
- Transportation
-
pay 6.4% less in Hoboken
- Housing
-
pay 25.2% more in Hoboken
- Childcare
-
pay 6.9 times more in Hoboken
- Entertainment and Sports
-
pay 8.8% less in Hoboken
- Clothing
-
pay 36.5% less in Hoboken
The cost of childcare, housing, and groceries in Hoboken are more expensive than in Reykjavik. Expenses including clothing, restaurants, entertainment and sports, and transportation are lower in Hoboken. Notably, childcare is significantly more expensive in Hoboken.
If you lived in Hoboken instead of Reykjavik, you would:
pay 25.8% less for restaurants
|
Reykjavik
|
Hoboken
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,825
|
$15.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,545
|
$10.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK445
|
$2.37
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK309
|
$2.00
|
|
pay 5.2% more for groceries
|
Reykjavik
|
Hoboken
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK510
|
$4.04
|
|
| Local cheese (8 oz) |
$7.76
ISK1,096
|
$3.31
|
|
| Milk (1 gallon) |
$6.40
ISK905
|
$4.19
|
|
|
Eggs
1 dozen
|
$5.76
ISK813
|
$3.46
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,334
|
$5.00
|
|
| Apples (1 lb) |
$1.40
ISK198
|
$2.45
|
|
| Bananas (1 lb) |
$1.01
ISK143
|
$1.12
|
|
| Oranges (1 lb) |
$1.22
ISK172
|
$2.25
|
|
| Tomatoes (1 lb) |
$2.22
ISK314
|
$2.47
|
|
| Potatoes (1 lb) |
$1.43
ISK203
|
$1.14
|
|
| Onions (1 lb) |
$0.93
ISK132
|
$1.53
|
|
pay 6.4% less for transportation
|
Reykjavik
|
Hoboken
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,201
|
$3.43
|
|
| Monthly public transit pass |
$74.95
ISK10,587
|
$132.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,995,702
|
$36,344.69
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK3,397
|
$17.46
|
|
pay 25.2% more for housing
|
Reykjavik
|
Hoboken
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK9,868
|
$40.00
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK278,408
|
$3,775.00
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK254,718
|
$2,225.00
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK7,620
|
$69.33
|
|
pay 6.9 times more for childcare
|
Reykjavik
|
Hoboken
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK35,612
|
$1,750.00
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK846,592
|
?? | |
pay 8.8% less for entertainment and sports
|
Reykjavik
|
Hoboken
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,527
|
$8.00
|
|
| Cappuccino in mid-range area |
$5.31
ISK749
|
$5.00
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,729
|
$12.00
|
|
| Monthly membership at local gym |
$69.95
ISK9,879
|
$50.00
|
|
| Movie ticket to theater/cinema |
$14.77
ISK2,087
|
$17.50
|
|
pay 36.5% less for clothing
|
Reykjavik
|
Hoboken
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK15,391
|
$50.00
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK7,023
|
$49.95
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK21,448
|
$86.67
|
|
| Men's business shoes (leather) |
$194.16
ISK27,423
|
$98.00
|
|
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