Cost of living comparison
Oslo is 3.4% more expensive than Reykjavik.
If you lived in Oslo instead of Reykjavik, you would:
pay 0.9% more for restaurants
|
Reykjavik
|
Oslo
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$21.59
ISK2,967
|
$20.24
NOK223.87
|
|
|
Fast food combo meal
McDonalds, or similar
|
$17.27
ISK2,374
|
$11.78
NOK130.32
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.90
ISK399
|
$3.45
NOK38.13
|
|
| Bottle of water (11 fl. oz) |
$2.07
ISK285
|
$2.55
NOK28.22
|
|
pay 10.5% less for groceries
|
Reykjavik
|
Oslo
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.68
ISK506
|
$3.14
NOK34.73
|
|
| Local cheese (8 oz) |
$7.66
ISK1,052
|
$5.91
NOK65.41
|
|
| Milk (1 gallon) |
$6.16
ISK847
|
$7.79
NOK86.19
|
|
|
Eggs
1 dozen
|
$5.91
ISK813
|
$4.26
NOK47.18
|
|
| Boneless chicken breast (1 lb) |
$8.87
ISK1,220
|
$6.46
NOK71.49
|
|
| Apples (1 lb) |
$1.53
ISK210
|
$1.40
NOK15.48
|
|
| Bananas (1 lb) |
$0.97
ISK133
|
$0.94
NOK10.45
|
|
| Oranges (1 lb) |
$1.26
ISK173
|
$1.28
NOK14.13
|
|
| Tomatoes (1 lb) |
$2.23
ISK306
|
$2.18
NOK24.07
|
|
| Potatoes (1 lb) |
$1.42
ISK195
|
$0.92
NOK10.20
|
|
| Onions (1 lb) |
$1.01
ISK139
|
$0.99
NOK10.90
|
|
pay 3.4% less for transportation
|
Reykjavik
|
Oslo
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.57
ISK1,179
|
$7.81
NOK86.40
|
|
| Monthly public transit pass |
$66.92
ISK9,198
|
$81.89
NOK905.92
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$41,660.67
ISK5,726,259
|
$35,359.77
NOK391,194.37
|
|
| Taxi trip in downtown area (5 miles) |
$23.30
ISK3,202
|
$20.47
NOK226.48
|
|
pay 0.6% more for housing
|
Reykjavik
|
Oslo
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$68.45
ISK9,408
|
$43.36
NOK479.73
|
|
| 1-Bedroom apartment in downtown area |
$1,864.13
ISK256,225
|
$1,411.21
NOK15,612.56
|
|
| 1-Bedroom apartment outside city center |
$1,666.20
ISK229,019
|
$1,117.59
NOK12,364.16
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$64.43
ISK8,856
|
$126.44
NOK1,398.88
|
|
pay 57.6% more for childcare
|
Reykjavik
|
Oslo
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$240.37
ISK33,039
|
$306.02
NOK3,385.63
|
|
| Middle school for 1 child, two semesters |
$5,984.07
ISK822,511
|
$11,250.65
NOK124,468.93
|
|
pay 4.9% less for entertainment and sports
|
Reykjavik
|
Oslo
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.79
ISK1,483
|
$10.24
NOK113.24
|
|
| Cappuccino in mid-range area |
$5.09
ISK699
|
$4.30
NOK47.55
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.87
ISK1,632
|
$14.42
NOK159.57
|
|
| Monthly membership at local gym |
$65.50
ISK9,003
|
$45.65
NOK505.01
|
|
| Movie ticket to theater/cinema |
$14.39
ISK1,978
|
$15.12
NOK167.29
|
|
pay 16.8% less for clothing
|
Reykjavik
|
Oslo
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$103.94
ISK14,287
|
$85.18
NOK942.41
|
|
|
Regular dress
from H&M or similar store
|
$43.50
ISK5,978
|
$44.69
NOK494.47
|
|
|
Running shoes
Nike or Adidas
|
$141.47
ISK19,445
|
$99.86
NOK1,104.76
|
|
| Men's business shoes (leather) |
$174.65
ISK24,006
|
$134.93
NOK1,492.72
|
|
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