Cost of living comparison
Santa Monica is 73.4% more expensive than Reykjavik.
- Restaurants
-
pay 3.0% less in Santa Monica
- Groceries
-
pay 7.3% more in Santa Monica
- Transportation
-
pay 23.7% less in Santa Monica
- Housing
-
pay 66.8% more in Santa Monica
- Childcare
-
pay 5.9 times more in Santa Monica
- Entertainment and Sports
-
pay 7.7% more in Santa Monica
- Clothing
-
pay 33.9% less in Santa Monica
The cost of childcare, housing, entertainment and sports, and groceries in Santa Monica are more expensive than in Reykjavik. Expenses including clothing, transportation, and restaurants are lower in Santa Monica. Notably, childcare is significantly more expensive in Santa Monica.
If you lived in Santa Monica instead of Reykjavik, you would:
pay 3.0% less for restaurants
|
Reykjavik
|
Santa Monica
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,527
|
$25.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,277
|
$12.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK399
|
$2.96
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK276
|
$2.23
|
|
pay 7.3% more for groceries
|
Reykjavik
|
Santa Monica
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK456
|
$4.41
|
|
| Local cheese (8 oz) |
$7.76
ISK980
|
$6.87
|
|
| Milk (1 gallon) |
$6.40
ISK809
|
$4.56
|
|
|
Eggs
1 dozen
|
$5.76
ISK727
|
$4.77
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,194
|
$6.33
|
|
| Apples (1 lb) |
$1.40
ISK177
|
$2.50
|
|
| Bananas (1 lb) |
$1.01
ISK128
|
$1.05
|
|
| Oranges (1 lb) |
$1.22
ISK154
|
$1.66
|
|
| Tomatoes (1 lb) |
$2.22
ISK281
|
$2.49
|
|
| Potatoes (1 lb) |
$1.43
ISK181
|
$1.35
|
|
| Onions (1 lb) |
$0.93
ISK118
|
$1.15
|
|
pay 23.7% less for transportation
|
Reykjavik
|
Santa Monica
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,074
|
$4.94
|
|
| Monthly public transit pass |
$74.95
ISK9,472
|
$80.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,364,463
|
$30,499.50
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK3,039
|
$16.52
|
|
pay 66.8% more for housing
|
Reykjavik
|
Santa Monica
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK8,829
|
$72.71
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK249,097
|
$2,900.00
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK227,901
|
$2,600.00
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK6,818
|
$146.62
|
|
pay 5.9 times more for childcare
|
Reykjavik
|
Santa Monica
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK31,863
|
$1,778.57
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK757,461
|
$28,750.00
|
|
pay 7.7% more for entertainment and sports
|
Reykjavik
|
Santa Monica
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,366
|
$8.00
|
|
| Cappuccino in mid-range area |
$5.31
ISK670
|
$5.46
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,547
|
$11.00
|
|
| Monthly membership at local gym |
$69.95
ISK8,839
|
$105.00
|
|
| Movie ticket to theater/cinema |
$14.77
ISK1,867
|
$18.00
|
|
pay 33.9% less for clothing
|
Reykjavik
|
Santa Monica
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK13,771
|
$58.46
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,283
|
$34.67
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK19,190
|
$101.30
|
|
| Men's business shoes (leather) |
$194.16
ISK24,536
|
$144.74
|
|
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