Cost of living comparison
Montclair is 2.0 times more expensive than Reykjavik.
- Restaurants
-
pay 17.6% less in Montclair
- Groceries
-
pay 4.5% more in Montclair
- Transportation
-
pay 30.6% less in Montclair
- Housing
-
pay 32.4% more in Montclair
- Childcare
-
pay 8.4 times more in Montclair
- Entertainment and Sports
-
pay 5.6% more in Montclair
- Clothing
-
pay 29.3% less in Montclair
The cost of childcare, housing, entertainment and sports, and groceries in Montclair are more expensive than in Reykjavik. Expenses including transportation, clothing, and restaurants are lower in Montclair. Notably, childcare is significantly more expensive in Montclair.
If you lived in Montclair instead of Reykjavik, you would:
pay 17.6% less for restaurants
|
Reykjavik
|
Montclair
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,825
|
$17.50
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,545
|
$10.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK445
|
$3.00
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK309
|
$2.00
|
|
pay 4.5% more for groceries
|
Reykjavik
|
Montclair
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK510
|
$4.08
|
|
| Local cheese (8 oz) |
$7.76
ISK1,096
|
$3.31
|
|
| Milk (1 gallon) |
$6.40
ISK905
|
$4.19
|
|
|
Eggs
1 dozen
|
$5.76
ISK813
|
$3.46
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,334
|
$5.00
|
|
| Apples (1 lb) |
$1.40
ISK198
|
$2.45
|
|
| Bananas (1 lb) |
$1.01
ISK143
|
$1.04
|
|
| Oranges (1 lb) |
$1.22
ISK172
|
$2.25
|
|
| Tomatoes (1 lb) |
$2.22
ISK314
|
$2.47
|
|
| Potatoes (1 lb) |
$1.43
ISK203
|
$1.14
|
|
| Onions (1 lb) |
$0.93
ISK132
|
$1.53
|
|
pay 30.6% less for transportation
|
Reykjavik
|
Montclair
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,201
|
$3.66
|
|
| Monthly public transit pass |
$74.95
ISK10,587
|
?? | |
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,995,702
|
$35,000.00
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK3,397
|
$19.90
|
|
pay 32.4% more for housing
|
Reykjavik
|
Montclair
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK9,868
|
$61.32
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK278,408
|
$2,266.67
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK254,718
|
$1,550.00
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK7,620
|
$130.00
|
|
pay 8.4 times more for childcare
|
Reykjavik
|
Montclair
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK35,612
|
$1,750.00
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK846,592
|
$59,000.00
|
|
pay 5.6% more for entertainment and sports
|
Reykjavik
|
Montclair
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,527
|
$8.00
|
|
| Cappuccino in mid-range area |
$5.31
ISK749
|
$5.00
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,729
|
$13.50
|
|
| Monthly membership at local gym |
$69.95
ISK9,879
|
$80.00
|
|
| Movie ticket to theater/cinema |
$14.77
ISK2,087
|
$20.00
|
|
pay 29.3% less for clothing
|
Reykjavik
|
Montclair
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK15,391
|
$68.92
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK7,023
|
$45.62
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK21,448
|
$100.00
|
|
| Men's business shoes (leather) |
$194.16
ISK27,423
|
$120.00
|
|
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