Cost of living comparison

compared to
Oakland vs. Reykjavik Cost of Living Summary

Oakland is 2.2 times more expensive than Reykjavik.

Restaurants
pay 4.9% less in Oakland
Groceries
pay 44.2% more in Oakland
Transportation
pay 9.0% less in Oakland
Housing
pay 75.4% more in Oakland
Childcare
pay 8.6 times more in Oakland
Entertainment and Sports
pay 14.3% less in Oakland
Clothing
pay 29.1% less in Oakland

The cost of childcare, housing, and groceries in Oakland are more expensive than in Reykjavik. Expenses including clothing, entertainment and sports, transportation, and restaurants are lower in Oakland. Notably, childcare and housing are significantly more expensive in Oakland.

Oakland vs. Reykjavik Cost Breakdown

If you lived in Oakland instead of Reykjavik, you would:

pay 4.9% less for restaurants

 
Reykjavik
Oakland
Basic meal with drink at inexpensive restaurant $20.00
ISK2,772
$25.00
 
Fast food combo meal
McDonalds, or similar
$18.02
ISK2,498
$12.00
 
Bottle of Coca-Cola (11 fl. oz) $3.15
ISK437
$2.83
 

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pay 44.2% more for groceries

 
Reykjavik
Oakland
Bread
1 loaf
$3.61
ISK500
$4.86
 
Local cheese (8 oz) $7.76
ISK1,075
$11.38
 
Milk (1 gallon) $6.40
ISK888
$5.56
 

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pay 9.0% less for transportation

 
Reykjavik
Oakland
Gasoline (1 gallon) $8.50
ISK1,178
$4.87
 
Monthly public transit pass $74.95
ISK10,390
$127.30
 
New Volkswagen Golf 1.4 (standard edition) $42,450.45
ISK5,884,481
$23,536.00
 

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pay 75.4% more for housing

 
Reykjavik
Oakland
Internet connection
50 mbps or faster, cable/dsl
$69.87
ISK9,685
$65.19
 
1-Bedroom apartment in downtown area $1,971.17
ISK273,244
$2,199.50
 
1-Bedroom apartment outside city center $1,803.44
ISK249,993
$1,812.50
 

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pay 8.6 times more for childcare

 
Reykjavik
Oakland
Private preschool for 1 child, monthly $252.14
ISK34,952
$2,738.89
 
Middle school for 1 child, two semesters $5,993.99
ISK830,887
$37,770.00
 

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pay 14.3% less for entertainment and sports

 
Reykjavik
Oakland
Domestic/local beer (1 pint) $10.81
ISK1,499
$8.00
 
Cappuccino in mid-range area $5.31
ISK735
$5.64
 
Pack of cigarettes
Marlboro or similar
$12.25
ISK1,697
$11.00
 

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pay 29.1% less for clothing

 
Reykjavik
Oakland
Regular jeans
Levi's brand
$108.97
ISK15,106
$61.43
 
Regular dress
from H&M or similar store
$49.72
ISK6,892
$45.08
 
Running shoes
Nike or Adidas
$151.85
ISK21,050
$104.32
 

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: December 2024
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