Cost of living comparison
Oslo is 3.3% more expensive than Reykjavik.
If you lived in Oslo instead of Reykjavik, you would:
pay 5.3% more for restaurants
|
Reykjavik
|
Oslo
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,753
|
$21.80
NOK241.71
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,480
|
$12.31
NOK136.47
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK434
|
$3.63
NOK40.25
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK301
|
$2.81
NOK31.20
|
|
pay 4.2% less for groceries
|
Reykjavik
|
Oslo
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK497
|
$3.25
NOK36.07
|
|
| Local cheese (8 oz) |
$7.76
ISK1,068
|
$6.40
NOK70.93
|
|
| Milk (1 gallon) |
$6.40
ISK882
|
$7.87
NOK87.22
|
|
|
Eggs
1 dozen
|
$5.76
ISK792
|
$4.50
NOK49.86
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,300
|
$6.79
NOK75.31
|
|
| Apples (1 lb) |
$1.40
ISK193
|
$1.44
NOK16.02
|
|
| Bananas (1 lb) |
$1.01
ISK139
|
$1.04
NOK11.48
|
|
| Oranges (1 lb) |
$1.22
ISK168
|
$1.43
NOK15.86
|
|
| Tomatoes (1 lb) |
$2.22
ISK306
|
$2.19
NOK24.29
|
|
| Potatoes (1 lb) |
$1.43
ISK197
|
$1.08
NOK11.98
|
|
| Onions (1 lb) |
$0.93
ISK129
|
$1.04
NOK11.53
|
|
pay 7.3% less for transportation
|
Reykjavik
|
Oslo
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,170
|
$7.74
NOK85.87
|
|
| Monthly public transit pass |
$74.95
ISK10,318
|
$81.47
NOK903.41
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,843,304
|
$36,328.41
NOK402,856.68
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK3,311
|
$20.53
NOK227.61
|
|
pay 35.9% more for housing
|
Reykjavik
|
Oslo
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK9,617
|
$52.77
NOK585.23
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK271,332
|
$1,432.43
NOK15,884.64
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK248,243
|
$1,135.26
NOK12,589.27
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK7,427
|
$179.32
NOK1,988.54
|
|
pay 18.2% more for childcare
|
Reykjavik
|
Oslo
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK34,707
|
$257.78
NOK2,858.60
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK825,073
|
$8,036.90
NOK89,123.65
|
|
pay 7.6% less for entertainment and sports
|
Reykjavik
|
Oslo
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,488
|
$9.99
NOK110.79
|
|
| Cappuccino in mid-range area |
$5.31
ISK730
|
$4.35
NOK48.24
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,686
|
$14.53
NOK161.14
|
|
| Monthly membership at local gym |
$69.95
ISK9,628
|
$46.05
NOK510.65
|
|
| Movie ticket to theater/cinema |
$14.77
ISK2,034
|
$15.21
NOK168.70
|
|
pay 16.9% less for clothing
|
Reykjavik
|
Oslo
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK15,000
|
$97.96
NOK1,086.36
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,844
|
$49.61
NOK550.18
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK20,903
|
$112.16
NOK1,243.74
|
|
| Men's business shoes (leather) |
$194.16
ISK26,726
|
$133.33
NOK1,478.48
|
|
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