Cost of living comparison

compared to

Shkoder vs. Reykjavik Cost of Living Summary

Shkoder is 53.1% cheaper than Reykjavik.

Restaurants: pay 65.5% less in Shkoder
Groceries: pay 50.3% less in Shkoder
Transportation: pay 6.2% less in Shkoder
Housing: pay 63.7% less in Shkoder
Childcare: pay 70.1% less in Shkoder
Entertainment and Sports: pay 63.7% less in Shkoder
Clothing: pay 52.3% less in Shkoder

Expenses including childcare, restaurants, housing, entertainment and sports, clothing, and groceries are lower in Shkoder.

Shkoder vs. Reykjavik Cost Breakdown

If you lived in Shkoder instead of Reykjavik, you would:

Display currency: USD

pay 65.5% less for restaurants

	Reykjavik	Shkoder
Basic meal with drink at inexpensive restaurant	$20.00 ISK2,825	$5.46 ALL523	-72.7%
Fast food combo meal McDonalds, or similar	$18.02 ISK2,545	$4.37 ALL418	-75.8%
Bottle of Coca-Cola (11 fl. oz)	$3.15 ISK445	$1.64 ALL157	-48.1%
Bottle of water (11 fl. oz)	$2.19 ISK309	$0.76 ALL73	-65.3%
Average			-65.5%

Reykjavik vs. Shkoder - Cost of restaurants

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pay 50.3% less for groceries

	Reykjavik	Shkoder
Bread 1 loaf	$3.61 ISK510	$0.78 ALL74	-78.5%
Local cheese (8 oz)	$7.76 ISK1,096	$3.62 ALL346	-53.4%
Milk (1 gallon)	$6.40 ISK905	$7.01 ALL671	+9.4%
Eggs 1 dozen	$5.76 ISK813	$2.88 ALL276	-50.0%
Boneless chicken breast (1 lb)	$9.45 ISK1,334	$2.07 ALL198	-78.1%
Apples (1 lb)	$1.40 ISK198	$0.57 ALL55	-59.0%
Bananas (1 lb)	$1.01 ISK143	$0.92 ALL88	-9.2%
Oranges (1 lb)	$1.22 ISK172	$0.67 ALL64	-44.8%
Tomatoes (1 lb)	$2.22 ISK314	$0.59 ALL56	-73.6%
Potatoes (1 lb)	$1.43 ISK203	$0.44 ALL42	-69.6%
Onions (1 lb)	$0.93 ISK132	$0.50 ALL47	-47.0%
Average			-50.3%

Reykjavik vs. Shkoder - Cost of groceries

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pay 6.2% less for transportation

	Reykjavik	Shkoder
Gasoline (1 gallon)	$8.50 ISK1,201	$7.80 ALL747	-8.3%
Monthly public transit pass	$74.95 ISK10,587	$10.71 ALL1,026	-85.7%
New Volkswagen Golf 1.4 (standard edition)	$42,450.45 ISK5,995,702	$32,144.86 ALL3,078,623	-24.3%
Taxi trip in downtown area (5 miles)	$24.05 ISK3,397	$46.51 ALL4,454	+93.4%
Average			-6.2%

Reykjavik vs. Shkoder - Cost of transportation

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pay 63.7% less for housing

	Reykjavik	Shkoder
Internet connection 50 mbps or faster, cable/dsl	$69.87 ISK9,868	$14.95 ALL1,432	-78.6%
1-Bedroom apartment in downtown area	$1,971.17 ISK278,408	$311.83 ALL29,865	-84.2%
1-Bedroom apartment outside city center	$1,803.44 ISK254,718	$318.20 ALL30,475	-82.4%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$53.95 ISK7,620	$48.81 ALL4,675	-9.5%
Average			-63.7%

Reykjavik vs. Shkoder - Cost of housing

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pay 70.1% less for childcare

	Reykjavik	Shkoder
Private preschool for 1 child, monthly	$252.14 ISK35,612	$81.87 ALL7,841	-67.5%
Middle school for 1 child, two semesters	$5,993.99 ISK846,592	$1,637.47 ALL156,826	-72.7%
Average			-70.1%

Reykjavik vs. Shkoder - Cost of childcare

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pay 63.7% less for entertainment and sports

	Reykjavik	Shkoder
Domestic/local beer (1 pint)	$10.81 ISK1,527	$2.43 ALL233	-77.5%
Cappuccino in mid-range area	$5.31 ISK749	$1.64 ALL157	-69.1%
Pack of cigarettes Marlboro or similar	$12.25 ISK1,729	$3.60 ALL345	-70.6%
Monthly membership at local gym	$69.95 ISK9,879	$38.21 ALL3,659	-45.4%
Movie ticket to theater/cinema	$14.77 ISK2,087	$6.55 ALL627	-55.7%
Average			-63.7%

Reykjavik vs. Shkoder - Cost of entertainment and sports

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pay 52.3% less for clothing

	Reykjavik	Shkoder
Regular jeans Levi's brand	$108.97 ISK15,391	$34.93 ALL3,346	-67.9%
Regular dress from H&M or similar store	$49.72 ISK7,023	$18.77 ALL1,798	-62.2%
Running shoes Nike or Adidas	$151.85 ISK21,448	$80.97 ALL7,754	-46.7%
Men's business shoes (leather)	$194.16 ISK27,423	$131.00 ALL12,546	-32.5%
Average			-52.3%

Reykjavik vs. Shkoder - Cost of clothing

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: January 2025

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