Cost of living comparison
Reading is 48.2% more expensive than Reykjavik.
- Restaurants
-
pay 0.9% less in Reading
- Groceries
-
pay 32.8% less in Reading
- Transportation
-
pay 9.6% less in Reading
- Housing
-
pay 21.2% more in Reading
- Childcare
-
pay 4.9 times more in Reading
- Entertainment and Sports
-
pay 8.4% less in Reading
- Clothing
-
pay 23.1% less in Reading
The cost of childcare and housing in Reading are more expensive than in Reykjavik. Expenses including groceries, clothing, transportation, entertainment and sports, and restaurants are lower in Reading. Notably, childcare is significantly more expensive in Reading.
If you lived in Reading instead of Reykjavik, you would:
pay 0.9% less for restaurants
|
Reykjavik
|
Reading
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,527
|
$25.83
£19.09
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,277
|
$8.84
£6.54
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK399
|
$3.23
£2.39
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK276
|
$2.53
£1.87
|
|
pay 32.8% less for groceries
|
Reykjavik
|
Reading
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK456
|
$1.44
£1.07
|
|
| Local cheese (8 oz) |
$7.76
ISK980
|
$4.26
£3.15
|
|
| Milk (1 gallon) |
$6.40
ISK809
|
$5.02
£3.71
|
|
|
Eggs
1 dozen
|
$5.76
ISK727
|
$3.53
£2.61
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,194
|
$3.70
£2.74
|
|
| Apples (1 lb) |
$1.40
ISK177
|
$1.35
£1.00
|
|
| Bananas (1 lb) |
$1.01
ISK128
|
$0.59
£0.43
|
|
| Oranges (1 lb) |
$1.22
ISK154
|
$1.40
£1.04
|
|
| Tomatoes (1 lb) |
$2.22
ISK281
|
$2.22
£1.64
|
|
| Potatoes (1 lb) |
$1.43
ISK181
|
$0.52
£0.39
|
|
| Onions (1 lb) |
$0.93
ISK118
|
$0.56
£0.41
|
|
pay 9.6% less for transportation
|
Reykjavik
|
Reading
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,074
|
$6.99
£5.17
|
|
| Monthly public transit pass |
$74.95
ISK9,472
|
$82.66
£61.10
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,364,463
|
$36,531.14
£27,004.11
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK3,039
|
$19.97
£14.76
|
|
pay 21.2% more for housing
|
Reykjavik
|
Reading
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK8,829
|
$39.02
£28.84
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK249,097
|
$1,614.42
£1,193.39
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK227,901
|
$1,366.88
£1,010.41
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK6,818
|
$146.30
£108.15
|
|
pay 4.9 times more for childcare
|
Reykjavik
|
Reading
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK31,863
|
$1,653.17
£1,222.03
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK757,461
|
$19,586.17
£14,478.25
|
|
pay 8.4% less for entertainment and sports
|
Reykjavik
|
Reading
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,366
|
$6.46
£4.77
|
|
| Cappuccino in mid-range area |
$5.31
ISK670
|
$4.66
£3.44
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,547
|
$18.08
£13.37
|
|
| Monthly membership at local gym |
$69.95
ISK8,839
|
$46.66
£34.49
|
|
| Movie ticket to theater/cinema |
$14.77
ISK1,867
|
$14.21
£10.50
|
|
pay 23.1% less for clothing
|
Reykjavik
|
Reading
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK13,771
|
$72.88
£53.87
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,283
|
$67.38
£49.80
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK19,190
|
$88.26
£65.24
|
|
| Men's business shoes (leather) |
$194.16
ISK24,536
|
$91.70
£67.78
|
|
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