Cost of living comparison
Santander is 19.6% cheaper than Reykjavik.
- Restaurants
-
pay 35.7% less in Santander
- Groceries
-
pay 25.7% less in Santander
- Transportation
-
pay 33.2% less in Santander
- Housing
-
pay 17.3% less in Santander
- Childcare
-
pay 56.5% more in Santander
- Entertainment and Sports
-
pay 50.4% less in Santander
- Clothing
-
pay 31.4% less in Santander
Expenses including entertainment and sports, restaurants, transportation, clothing, groceries, and housing are lower in Santander.
If you lived in Santander instead of Reykjavik, you would:
pay 35.7% less for restaurants
|
Reykjavik
|
Santander
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,527
|
$12.86
€11.28
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,277
|
$10.18
€8.93
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK399
|
$2.01
€1.76
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK276
|
$1.59
€1.39
|
|
pay 25.7% less for groceries
|
Reykjavik
|
Santander
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK456
|
$1.29
€1.13
|
|
| Local cheese (8 oz) |
$7.76
ISK980
|
$7.88
€6.91
|
|
| Milk (1 gallon) |
$6.40
ISK809
|
$4.26
€3.74
|
|
|
Eggs
1 dozen
|
$5.76
ISK727
|
$3.04
€2.67
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,194
|
$2.89
€2.54
|
|
| Apples (1 lb) |
$1.40
ISK177
|
$1.07
€0.94
|
|
| Bananas (1 lb) |
$1.01
ISK128
|
$0.97
€0.85
|
|
| Oranges (1 lb) |
$1.22
ISK154
|
$1.39
€1.22
|
|
| Tomatoes (1 lb) |
$2.22
ISK281
|
$1.34
€1.17
|
|
| Potatoes (1 lb) |
$1.43
ISK181
|
$0.86
€0.75
|
|
| Onions (1 lb) |
$0.93
ISK118
|
$1.15
€1.01
|
|
pay 33.2% less for transportation
|
Reykjavik
|
Santander
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,074
|
$6.33
€5.55
|
|
| Monthly public transit pass |
$74.95
ISK9,472
|
$36.98
€32.43
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,364,463
|
$35,759.38
€31,366.52
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK3,039
|
$14.21
€12.47
|
|
pay 17.3% less for housing
|
Reykjavik
|
Santander
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK8,829
|
$32.58
€28.58
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK249,097
|
$660.92
€579.73
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK227,901
|
$482.29
€423.05
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK6,818
|
$120.83
€105.98
|
|
pay 56.5% more for childcare
|
Reykjavik
|
Santander
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK31,863
|
$428.71
€376.04
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK757,461
|
$8,574.10
€7,520.82
|
|
pay 50.4% less for entertainment and sports
|
Reykjavik
|
Santander
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,366
|
$2.95
€2.59
|
|
| Cappuccino in mid-range area |
$5.31
ISK670
|
$2.04
€1.79
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,547
|
$6.43
€5.64
|
|
| Monthly membership at local gym |
$69.95
ISK8,839
|
$50.10
€43.95
|
|
| Movie ticket to theater/cinema |
$14.77
ISK1,867
|
$8.57
€7.52
|
|
pay 31.4% less for clothing
|
Reykjavik
|
Santander
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK13,771
|
$104.50
€91.66
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,283
|
$33.49
€29.38
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK19,190
|
$83.06
€72.86
|
|
| Men's business shoes (leather) |
$194.16
ISK24,536
|
$109.05
€95.66
|
|
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