Cost of living comparison
Long Island is 75.4% more expensive than Reykjavik.
- Restaurants
-
pay 30.6% less in Long Island
- Groceries
-
pay 9.9% more in Long Island
- Transportation
-
pay 12.4% less in Long Island
- Housing
-
pay 28.4% more in Long Island
- Childcare
-
pay 6.8 times more in Long Island
- Entertainment and Sports
-
pay 23.2% less in Long Island
- Clothing
-
pay 27.8% less in Long Island
The cost of childcare, housing, and groceries in Long Island are more expensive than in Reykjavik. Expenses including restaurants, clothing, entertainment and sports, and transportation are lower in Long Island. Notably, childcare is significantly more expensive in Long Island.
If you lived in Long Island instead of Reykjavik, you would:
pay 30.6% less for restaurants
|
Reykjavik
|
Long Island
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,419
|
$20.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,179
|
$10.50
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK381
|
$2.28
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK264
|
$1.69
|
|
pay 9.9% more for groceries
|
Reykjavik
|
Long Island
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK437
|
$4.23
|
|
| Local cheese (8 oz) |
$7.76
ISK938
|
$8.82
|
|
| Milk (1 gallon) |
$6.40
ISK774
|
$4.28
|
|
|
Eggs
1 dozen
|
$5.76
ISK696
|
$3.50
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,142
|
$5.87
|
|
| Apples (1 lb) |
$1.40
ISK170
|
$2.37
|
|
| Bananas (1 lb) |
$1.01
ISK122
|
$0.74
|
|
| Oranges (1 lb) |
$1.22
ISK147
|
$2.17
|
|
| Tomatoes (1 lb) |
$2.22
ISK269
|
$1.87
|
|
| Potatoes (1 lb) |
$1.43
ISK173
|
$1.25
|
|
| Onions (1 lb) |
$0.93
ISK113
|
$1.83
|
|
pay 12.4% less for transportation
|
Reykjavik
|
Long Island
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,028
|
$3.44
|
|
| Monthly public transit pass |
$74.95
ISK9,064
|
$129.50
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,133,533
|
$24,000.00
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK2,908
|
$19.40
|
|
pay 28.4% more for housing
|
Reykjavik
|
Long Island
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK8,449
|
$57.25
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK238,374
|
$2,733.33
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK218,090
|
$2,250.00
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK6,525
|
$90.80
|
|
pay 6.8 times more for childcare
|
Reykjavik
|
Long Island
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK30,491
|
$2,500.00
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK724,854
|
$22,500.00
|
|
pay 23.2% less for entertainment and sports
|
Reykjavik
|
Long Island
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,307
|
$6.00
|
|
| Cappuccino in mid-range area |
$5.31
ISK642
|
$5.10
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,481
|
$11.98
|
|
| Monthly membership at local gym |
$69.95
ISK8,459
|
$32.50
|
|
| Movie ticket to theater/cinema |
$14.77
ISK1,787
|
$13.00
|
|
pay 27.8% less for clothing
|
Reykjavik
|
Long Island
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK13,178
|
$60.00
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,013
|
$56.67
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK18,364
|
$79.00
|
|
| Men's business shoes (leather) |
$194.16
ISK23,480
|
$131.67
|
|
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