Cost of living comparison
Laos is 38.4% cheaper than Reykjavik.
- Restaurants
-
pay 80.8% less in Laos
- Groceries
-
pay 35.1% less in Laos
- Transportation
-
pay 40.9% less in Laos
- Housing
-
pay 45.7% less in Laos
- Childcare
-
pay 34.0% more in Laos
- Entertainment and Sports
-
pay 66.0% less in Laos
- Clothing
-
pay 34.4% less in Laos
Expenses including restaurants, entertainment and sports, housing, transportation, groceries, and clothing are lower in Laos.
If you lived in Laos instead of Reykjavik, you would:
pay 80.8% less for restaurants
|
Reykjavik
|
Laos
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,614
|
$1.90
LAK41,018
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,355
|
$4.20
LAK90,905
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK412
|
$0.69
LAK14,927
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK286
|
$0.49
LAK10,498
|
|
pay 35.1% less for groceries
|
Reykjavik
|
Laos
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK472
|
$1.00
LAK21,672
|
|
| Local cheese (8 oz) |
$7.76
ISK1,014
|
$13.03
LAK281,749
|
|
| Milk (1 gallon) |
$6.40
ISK837
|
$6.40
LAK138,383
|
|
|
Eggs
1 dozen
|
$5.76
ISK752
|
$2.06
LAK44,643
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,235
|
$2.07
LAK44,757
|
|
| Apples (1 lb) |
$1.40
ISK183
|
$0.75
LAK16,109
|
|
| Bananas (1 lb) |
$1.01
ISK132
|
$0.74
LAK16,038
|
|
| Oranges (1 lb) |
$1.22
ISK159
|
$0.96
LAK20,698
|
|
| Tomatoes (1 lb) |
$2.22
ISK291
|
$1.29
LAK27,873
|
|
| Potatoes (1 lb) |
$1.43
ISK187
|
$0.70
LAK15,027
|
|
| Onions (1 lb) |
$0.93
ISK122
|
$0.45
LAK9,774
|
|
pay 40.9% less for transportation
|
Reykjavik
|
Laos
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,111
|
$4.61
LAK99,573
|
|
| Monthly public transit pass |
$74.95
ISK9,796
|
$53.85
LAK1,164,291
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,547,849
|
$28,167.89
LAK608,989,769
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK3,143
|
$10.57
LAK228,600
|
|
pay 45.7% less for housing
|
Reykjavik
|
Laos
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK9,131
|
$8.98
LAK194,223
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK257,612
|
$993.83
LAK21,486,560
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK235,692
|
$809.30
LAK17,497,144
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK7,051
|
$58.85
LAK1,272,240
|
|
pay 34.0% more for childcare
|
Reykjavik
|
Laos
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK32,952
|
$291.32
LAK6,298,438
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK783,355
|
$9,140.14
LAK197,609,919
|
|
pay 66.0% less for entertainment and sports
|
Reykjavik
|
Laos
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,413
|
$1.11
LAK23,911
|
|
| Cappuccino in mid-range area |
$5.31
ISK693
|
$1.62
LAK35,003
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,600
|
$1.78
LAK38,579
|
|
| Monthly membership at local gym |
$69.95
ISK9,141
|
$66.31
LAK1,433,661
|
|
| Movie ticket to theater/cinema |
$14.77
ISK1,931
|
$2.97
LAK64,254
|
|
pay 34.4% less for clothing
|
Reykjavik
|
Laos
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK14,242
|
$78.60
LAK1,699,294
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,498
|
$61.45
LAK1,328,488
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK19,846
|
$65.22
LAK1,410,044
|
|
| Men's business shoes (leather) |
$194.16
ISK25,374
|
$46.67
LAK1,009,006
|
|
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