Cost of living comparison
Morristown is 61.8% more expensive than Reykjavik.
- Restaurants
-
pay 4.6% less in Morristown
- Groceries
-
pay 35.8% more in Morristown
- Transportation
-
pay 32.4% less in Morristown
- Housing
-
pay 46.9% more in Morristown
- Childcare
-
pay 5.4 times more in Morristown
- Entertainment and Sports
-
pay 12.8% less in Morristown
- Clothing
-
pay 42.0% less in Morristown
The cost of childcare, housing, and groceries in Morristown are more expensive than in Reykjavik. Expenses including clothing, transportation, entertainment and sports, and restaurants are lower in Morristown. Notably, childcare is significantly more expensive in Morristown.
If you lived in Morristown instead of Reykjavik, you would:
pay 4.6% less for restaurants
|
Reykjavik
|
Morristown
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,825
|
$20.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,545
|
$12.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK445
|
$2.60
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK309
|
$3.00
|
|
pay 35.8% more for groceries
|
Reykjavik
|
Morristown
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK510
|
$4.04
|
|
| Local cheese (8 oz) |
$7.76
ISK1,096
|
$12.86
|
|
| Milk (1 gallon) |
$6.40
ISK905
|
$4.08
|
|
|
Eggs
1 dozen
|
$5.76
ISK813
|
$4.00
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,334
|
$3.00
|
|
| Apples (1 lb) |
$1.40
ISK198
|
$3.33
|
|
| Bananas (1 lb) |
$1.01
ISK143
|
$1.15
|
|
| Oranges (1 lb) |
$1.22
ISK172
|
$2.42
|
|
| Tomatoes (1 lb) |
$2.22
ISK314
|
$5.25
|
|
| Potatoes (1 lb) |
$1.43
ISK203
|
$1.24
|
|
| Onions (1 lb) |
$0.93
ISK132
|
$1.67
|
|
pay 32.4% less for transportation
|
Reykjavik
|
Morristown
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,201
|
$3.45
|
|
| Monthly public transit pass |
$74.95
ISK10,587
|
?? | |
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,995,702
|
$24,000.00
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK3,397
|
$25.46
|
|
pay 46.9% more for housing
|
Reykjavik
|
Morristown
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK9,868
|
$57.33
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK278,408
|
$2,150.00
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK254,718
|
$2,550.00
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK7,620
|
$137.65
|
|
pay 5.4 times more for childcare
|
Reykjavik
|
Morristown
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK35,612
|
$1,366.67
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK846,592
|
?? | |
pay 12.8% less for entertainment and sports
|
Reykjavik
|
Morristown
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,527
|
$5.00
|
|
| Cappuccino in mid-range area |
$5.31
ISK749
|
$5.00
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,729
|
$11.00
|
|
| Monthly membership at local gym |
$69.95
ISK9,879
|
$73.00
|
|
| Movie ticket to theater/cinema |
$14.77
ISK2,087
|
$15.00
|
|
pay 42.0% less for clothing
|
Reykjavik
|
Morristown
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK15,391
|
$40.00
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK7,023
|
$19.00
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK21,448
|
$80.00
|
|
| Men's business shoes (leather) |
$194.16
ISK27,423
|
$202.50
|
|
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