Cost of living comparison
Indianapolis is 70.7% more expensive than Reykjavik.
If you lived in Indianapolis instead of Reykjavik, you would:
pay 5.0% less for restaurants
|
Reykjavik
|
Indianapolis
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$21.59
ISK2,981
|
$25.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$17.27
ISK2,385
|
$10.50
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.90
ISK401
|
$2.55
|
|
| Bottle of water (11 fl. oz) |
$2.07
ISK286
|
$2.40
|
|
pay 3.6% less for groceries
|
Reykjavik
|
Indianapolis
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.68
ISK509
|
$3.25
|
|
| Local cheese (8 oz) |
$7.66
ISK1,058
|
$5.52
|
|
| Milk (1 gallon) |
$6.16
ISK851
|
$3.32
|
|
|
Eggs
1 dozen
|
$5.91
ISK817
|
$2.44
|
|
| Boneless chicken breast (1 lb) |
$8.87
ISK1,225
|
$5.24
|
|
| Apples (1 lb) |
$1.53
ISK211
|
$1.87
|
|
| Bananas (1 lb) |
$0.97
ISK134
|
$0.78
|
|
| Oranges (1 lb) |
$1.26
ISK174
|
$2.75
|
|
| Tomatoes (1 lb) |
$2.23
ISK308
|
$1.74
|
|
| Potatoes (1 lb) |
$1.42
ISK195
|
$1.45
|
|
| Onions (1 lb) |
$1.01
ISK140
|
$1.46
|
|
pay 15.5% less for transportation
|
Reykjavik
|
Indianapolis
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.57
ISK1,184
|
$3.65
|
|
| Monthly public transit pass |
$66.92
ISK9,242
|
$95.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$41,660.67
ISK5,754,172
|
$35,000.00
|
|
| Taxi trip in downtown area (5 miles) |
$23.30
ISK3,218
|
$16.17
|
|
pay 44.4% more for housing
|
Reykjavik
|
Indianapolis
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$68.45
ISK9,454
|
$81.82
|
|
| 1-Bedroom apartment in downtown area |
$1,864.13
ISK257,474
|
$1,592.50
|
|
| 1-Bedroom apartment outside city center |
$1,666.20
ISK230,135
|
$1,178.12
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$64.43
ISK8,900
|
$194.47
|
|
pay 6.1 times more for childcare
|
Reykjavik
|
Indianapolis
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$240.37
ISK33,200
|
$1,855.00
|
|
| Middle school for 1 child, two semesters |
$5,984.07
ISK826,520
|
$27,350.00
|
|
pay 20.0% less for entertainment and sports
|
Reykjavik
|
Indianapolis
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.79
ISK1,491
|
$7.00
|
|
| Cappuccino in mid-range area |
$5.09
ISK703
|
$5.53
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.87
ISK1,640
|
$8.00
|
|
| Monthly membership at local gym |
$65.50
ISK9,047
|
$47.25
|
|
| Movie ticket to theater/cinema |
$14.39
ISK1,988
|
$12.50
|
|
pay 19.9% less for clothing
|
Reykjavik
|
Indianapolis
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$103.94
ISK14,356
|
$61.57
|
|
|
Regular dress
from H&M or similar store
|
$43.50
ISK6,008
|
$52.25
|
|
|
Running shoes
Nike or Adidas
|
$141.47
ISK19,540
|
$94.00
|
|
| Men's business shoes (leather) |
$174.65
ISK24,123
|
$130.67
|
|
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