Cost of living comparison
New Haven is 55.0% more expensive than Reykjavik.
- Restaurants
-
pay 23.2% less in New Haven
- Groceries
-
pay 22.4% more in New Haven
- Transportation
-
pay 18.0% less in New Haven
- Housing
-
pay 26.5% more in New Haven
- Childcare
-
pay 5.6 times more in New Haven
- Entertainment and Sports
-
pay 23.9% less in New Haven
- Clothing
-
pay 54.0% less in New Haven
The cost of childcare, housing, and groceries in New Haven are more expensive than in Reykjavik. Expenses including clothing, entertainment and sports, restaurants, and transportation are lower in New Haven. Notably, childcare is significantly more expensive in New Haven.
If you lived in New Haven instead of Reykjavik, you would:
pay 23.2% less for restaurants
|
Reykjavik
|
New Haven
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,493
|
$15.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,246
|
$10.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK393
|
$2.20
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK272
|
$2.33
|
|
pay 22.4% more for groceries
|
Reykjavik
|
New Haven
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK450
|
$5.99
|
|
| Local cheese (8 oz) |
$7.76
ISK967
|
$4.40
|
|
| Milk (1 gallon) |
$6.40
ISK798
|
$4.08
|
|
|
Eggs
1 dozen
|
$5.76
ISK718
|
$4.23
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,178
|
$4.49
|
|
| Apples (1 lb) |
$1.40
ISK175
|
$3.00
|
|
| Bananas (1 lb) |
$1.01
ISK126
|
$1.00
|
|
| Oranges (1 lb) |
$1.22
ISK152
|
$2.25
|
|
| Tomatoes (1 lb) |
$2.22
ISK277
|
$2.75
|
|
| Potatoes (1 lb) |
$1.43
ISK179
|
$2.00
|
|
| Onions (1 lb) |
$0.93
ISK116
|
$1.67
|
|
pay 18.0% less for transportation
|
Reykjavik
|
New Haven
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,060
|
$3.53
|
|
| Monthly public transit pass |
$74.95
ISK9,343
|
$64.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,291,449
|
$40,408.81
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK2,998
|
$25.46
|
|
pay 26.5% more for housing
|
Reykjavik
|
New Haven
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK8,709
|
$56.80
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK245,706
|
$1,908.33
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK224,799
|
$1,475.00
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK6,725
|
$132.66
|
|
pay 5.6 times more for childcare
|
Reykjavik
|
New Haven
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK31,429
|
$1,400.00
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK747,151
|
?? | |
pay 23.9% less for entertainment and sports
|
Reykjavik
|
New Haven
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,348
|
$8.00
|
|
| Cappuccino in mid-range area |
$5.31
ISK661
|
$4.95
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,526
|
$11.00
|
|
| Monthly membership at local gym |
$69.95
ISK8,719
|
$26.00
|
|
| Movie ticket to theater/cinema |
$14.77
ISK1,842
|
$12.75
|
|
pay 54.0% less for clothing
|
Reykjavik
|
New Haven
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK13,583
|
$42.17
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,198
|
$25.67
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK18,929
|
$87.50
|
|
| Men's business shoes (leather) |
$194.16
ISK24,202
|
$70.00
|
|
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