Cost of living comparison
Portugal is 24.7% cheaper than Reykjavik.
- Restaurants
-
pay 47.3% less in Portugal
- Groceries
-
pay 43.2% less in Portugal
- Transportation
-
pay 37.9% less in Portugal
- Housing
-
pay 21.8% less in Portugal
- Childcare
-
pay 74.2% more in Portugal
- Entertainment and Sports
-
pay 57.3% less in Portugal
- Clothing
-
pay 39.9% less in Portugal
Expenses including entertainment and sports, restaurants, groceries, clothing, transportation, and housing are lower in Portugal.
If you lived in Portugal instead of Reykjavik, you would:
pay 47.3% less for restaurants
|
Reykjavik
|
Portugal
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,689
|
$11.32
€10.37
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,423
|
$8.41
€7.70
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK424
|
$1.67
€1.53
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK294
|
$1.20
€1.10
|
|
pay 43.2% less for groceries
|
Reykjavik
|
Portugal
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK485
|
$1.34
€1.23
|
|
| Local cheese (8 oz) |
$7.76
ISK1,043
|
$5.06
€4.64
|
|
| Milk (1 gallon) |
$6.40
ISK861
|
$3.79
€3.47
|
|
|
Eggs
1 dozen
|
$5.76
ISK774
|
$2.88
€2.64
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,270
|
$3.25
€2.97
|
|
| Apples (1 lb) |
$1.40
ISK189
|
$0.99
€0.90
|
|
| Bananas (1 lb) |
$1.01
ISK136
|
$0.61
€0.56
|
|
| Oranges (1 lb) |
$1.22
ISK164
|
$0.76
€0.70
|
|
| Tomatoes (1 lb) |
$2.22
ISK299
|
$1.05
€0.96
|
|
| Potatoes (1 lb) |
$1.43
ISK193
|
$0.68
€0.62
|
|
| Onions (1 lb) |
$0.93
ISK126
|
$0.85
€0.78
|
|
pay 37.9% less for transportation
|
Reykjavik
|
Portugal
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,143
|
$6.79
€6.22
|
|
| Monthly public transit pass |
$74.95
ISK10,078
|
$37.96
€34.78
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,707,888
|
$31,047.67
€28,441.06
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK3,234
|
$10.80
€9.90
|
|
pay 21.8% less for housing
|
Reykjavik
|
Portugal
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK9,394
|
$40.33
€36.95
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK265,044
|
$900.66
€825.04
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK242,491
|
$732.72
€671.21
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK7,255
|
$91.05
€83.40
|
|
pay 74.2% more for childcare
|
Reykjavik
|
Portugal
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK33,903
|
$455.47
€417.23
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK805,952
|
$10,051.70
€9,207.81
|
|
pay 57.3% less for entertainment and sports
|
Reykjavik
|
Portugal
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,454
|
$2.23
€2.04
|
|
| Cappuccino in mid-range area |
$5.31
ISK713
|
$1.85
€1.69
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,646
|
$5.67
€5.19
|
|
| Monthly membership at local gym |
$69.95
ISK9,405
|
$40.99
€37.55
|
|
| Movie ticket to theater/cinema |
$14.77
ISK1,987
|
$7.85
€7.19
|
|
pay 39.9% less for clothing
|
Reykjavik
|
Portugal
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK14,652
|
$77.92
€71.38
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,685
|
$33.75
€30.91
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK20,418
|
$80.24
€73.50
|
|
| Men's business shoes (leather) |
$194.16
ISK26,106
|
$93.85
€85.97
|
|
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