Cost of living comparison
Kingstown is 18.8% cheaper than Reykjavik.
If you lived in Kingstown instead of Reykjavik, you would:
pay 40.6% less for restaurants
|
Reykjavik
|
Kingstown
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,783
|
$7.40
EC$20.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,507
|
$11.10
EC$30.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK439
|
$1.85
EC$5.00
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK304
|
$1.76
EC$4.75
|
|
pay 31.9% more for groceries
|
Reykjavik
|
Kingstown
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK502
|
$1.85
EC$5.00
|
|
| Local cheese (8 oz) |
$7.76
ISK1,079
|
$7.26
EC$19.61
|
|
| Milk (1 gallon) |
$6.40
ISK891
|
$12.14
EC$32.81
|
|
|
Eggs
1 dozen
|
$5.76
ISK801
|
$4.60
EC$12.44
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,314
|
$1.98
EC$5.36
|
|
| Apples (1 lb) |
$1.40
ISK195
|
$3.76
EC$10.17
|
|
| Bananas (1 lb) |
$1.01
ISK140
|
$0.86
EC$2.33
|
|
| Oranges (1 lb) |
$1.22
ISK169
|
$4.18
EC$11.30
|
|
| Tomatoes (1 lb) |
$2.22
ISK309
|
$1.68
EC$4.54
|
|
| Potatoes (1 lb) |
$1.43
ISK200
|
$1.60
EC$4.31
|
|
| Onions (1 lb) |
$0.93
ISK130
|
$1.23
EC$3.33
|
|
pay 7.7% more for transportation
|
Reykjavik
|
Kingstown
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,183
|
$14.57
EC$39.38
|
|
| Monthly public transit pass |
$74.95
ISK10,428
|
$59.20
EC$160.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,906,131
|
$32,376.83
EC$87,500.00
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK3,346
|
$24.98
EC$67.50
|
|
pay 39.5% less for housing
|
Reykjavik
|
Kingstown
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK9,720
|
$55.50
EC$150.00
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK274,249
|
$296.02
EC$800.00
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK250,913
|
$296.02
EC$800.00
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK7,507
|
$70.74
EC$191.18
|
|
pay 26.6% less for childcare
|
Reykjavik
|
Kingstown
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK35,080
|
$185.01
EC$500.00
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK833,944
|
?? | |
pay 61.0% less for entertainment and sports
|
Reykjavik
|
Kingstown
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,504
|
$1.85
EC$5.00
|
|
| Cappuccino in mid-range area |
$5.31
ISK738
|
$2.71
EC$7.33
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,704
|
$4.44
EC$12.00
|
|
| Monthly membership at local gym |
$69.95
ISK9,732
|
$37.00
EC$100.00
|
|
| Movie ticket to theater/cinema |
$14.77
ISK2,056
|
$5.55
EC$15.00
|
|
pay 3.4% less for clothing
|
Reykjavik
|
Kingstown
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK15,161
|
$101.76
EC$275.00
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,918
|
$83.25
EC$225.00
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK21,127
|
$111.01
EC$300.00
|
|
| Men's business shoes (leather) |
$194.16
ISK27,013
|
$101.76
EC$275.00
|
|
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