Cost of living comparison
Praia is 39.4% cheaper than Reykjavik.
If you lived in Praia instead of Reykjavik, you would:
pay 58.2% less for restaurants
|
Reykjavik
|
Praia
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,753
|
$4.86
CVE508.29
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,480
|
$6.32
CVE660.77
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK434
|
$1.78
CVE186.10
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK301
|
$1.12
CVE116.96
|
|
pay 8.6% less for groceries
|
Reykjavik
|
Praia
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK497
|
$2.95
CVE308.43
|
|
| Local cheese (8 oz) |
$7.76
ISK1,068
|
$7.94
CVE830.56
|
|
| Milk (1 gallon) |
$6.40
ISK882
|
$4.78
CVE500.26
|
|
|
Eggs
1 dozen
|
$5.76
ISK792
|
$2.20
CVE229.75
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,300
|
$2.61
CVE273.21
|
|
| Apples (1 lb) |
$1.40
ISK193
|
$2.00
CVE208.73
|
|
| Bananas (1 lb) |
$1.01
ISK139
|
$1.32
CVE138.33
|
|
| Oranges (1 lb) |
$1.22
ISK168
|
$1.56
CVE162.93
|
|
| Tomatoes (1 lb) |
$2.22
ISK306
|
$2.23
CVE233.63
|
|
| Potatoes (1 lb) |
$1.43
ISK197
|
$1.21
CVE126.81
|
|
| Onions (1 lb) |
$0.93
ISK129
|
$0.88
CVE92.22
|
|
pay 39.5% less for transportation
|
Reykjavik
|
Praia
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,170
|
$6.31
CVE659.76
|
|
| Monthly public transit pass |
$74.95
ISK10,318
|
$20.42
CVE2,134.80
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,843,304
|
$29,166.78
CVE3,049,712.85
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK3,311
|
$17.26
CVE1,804.41
|
|
pay 16.2% less for housing
|
Reykjavik
|
Praia
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK9,617
|
$51.28
CVE5,362.41
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK271,332
|
$583.34
CVE60,994.26
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK248,243
|
$388.89
CVE40,662.84
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK7,427
|
$113.61
CVE11,879.07
|
|
pay 50.9% less for childcare
|
Reykjavik
|
Praia
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK34,707
|
$110.42
CVE11,545.68
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK825,073
|
$3,266.68
CVE341,567.84
|
|
pay 64.3% less for entertainment and sports
|
Reykjavik
|
Praia
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,488
|
$2.48
CVE259.23
|
|
| Cappuccino in mid-range area |
$5.31
ISK730
|
$1.49
CVE155.65
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,686
|
$4.38
CVE457.46
|
|
| Monthly membership at local gym |
$69.95
ISK9,628
|
$36.46
CVE3,812.14
|
|
| Movie ticket to theater/cinema |
$14.77
ISK2,034
|
$5.83
CVE609.94
|
|
pay 38.0% less for clothing
|
Reykjavik
|
Praia
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK15,000
|
$48.61
CVE5,082.85
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,844
|
$38.89
CVE4,066.28
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK20,903
|
$87.50
CVE9,149.14
|
|
| Men's business shoes (leather) |
$194.16
ISK26,726
|
$131.25
CVE13,723.71
|
|
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