Cost of living comparison
Jersey City is 63.6% more expensive than Reykjavik.
- Restaurants
-
pay 30.6% less in Jersey City
- Groceries
-
pay 5.5% more in Jersey City
- Transportation
-
pay 12.0% less in Jersey City
- Housing
-
pay 36.2% more in Jersey City
- Childcare
-
pay 6.0 times more in Jersey City
- Entertainment and Sports
-
pay 11.0% less in Jersey City
- Clothing
-
pay 41.1% less in Jersey City
The cost of childcare, housing, and groceries in Jersey City are more expensive than in Reykjavik. Expenses including clothing, restaurants, transportation, and entertainment and sports are lower in Jersey City. Notably, childcare is significantly more expensive in Jersey City.
If you lived in Jersey City instead of Reykjavik, you would:
pay 30.6% less for restaurants
|
Reykjavik
|
Jersey City
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,825
|
$20.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,545
|
$10.50
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK445
|
$2.28
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK309
|
$1.69
|
|
pay 5.5% more for groceries
|
Reykjavik
|
Jersey City
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK510
|
$3.70
|
|
| Local cheese (8 oz) |
$7.76
ISK1,096
|
$8.81
|
|
| Milk (1 gallon) |
$6.40
ISK905
|
$4.99
|
|
|
Eggs
1 dozen
|
$5.76
ISK813
|
$3.98
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,334
|
$5.30
|
|
| Apples (1 lb) |
$1.40
ISK198
|
$2.37
|
|
| Bananas (1 lb) |
$1.01
ISK143
|
$0.74
|
|
| Oranges (1 lb) |
$1.22
ISK172
|
$2.06
|
|
| Tomatoes (1 lb) |
$2.22
ISK314
|
$1.87
|
|
| Potatoes (1 lb) |
$1.43
ISK203
|
$1.29
|
|
| Onions (1 lb) |
$0.93
ISK132
|
$1.46
|
|
pay 12.0% less for transportation
|
Reykjavik
|
Jersey City
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,201
|
$3.44
|
|
| Monthly public transit pass |
$74.95
ISK10,587
|
$110.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,995,702
|
$35,911.24
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK3,397
|
$19.25
|
|
pay 36.2% more for housing
|
Reykjavik
|
Jersey City
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK9,868
|
$64.00
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK278,408
|
$3,134.62
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK254,718
|
$2,275.00
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK7,620
|
$90.80
|
|
pay 6.0 times more for childcare
|
Reykjavik
|
Jersey City
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK35,612
|
$2,070.83
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK846,592
|
$22,500.00
|
|
pay 11.0% less for entertainment and sports
|
Reykjavik
|
Jersey City
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,527
|
$5.00
|
|
| Cappuccino in mid-range area |
$5.31
ISK749
|
$4.86
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,729
|
$11.98
|
|
| Monthly membership at local gym |
$69.95
ISK9,879
|
$80.00
|
|
| Movie ticket to theater/cinema |
$14.77
ISK2,087
|
$14.00
|
|
pay 41.1% less for clothing
|
Reykjavik
|
Jersey City
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK15,391
|
$54.50
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK7,023
|
$37.86
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK21,448
|
$79.00
|
|
| Men's business shoes (leather) |
$194.16
ISK27,423
|
$111.88
|
|
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