Cost of living comparison
Summerville is 19.4% more expensive than Reykjavik.
- Restaurants
-
pay 26.5% less in Summerville
- Groceries
-
pay 32.6% less in Summerville
- Transportation
-
pay 46.7% less in Summerville
- Housing
-
pay 48.7% more in Summerville
- Childcare
-
pay 3.7 times more in Summerville
- Entertainment and Sports
-
pay 22.6% less in Summerville
- Clothing
-
pay 50.2% less in Summerville
The cost of childcare and housing in Summerville are more expensive than in Reykjavik. Expenses including clothing, transportation, groceries, restaurants, and entertainment and sports are lower in Summerville. Notably, childcare is significantly more expensive in Summerville.
If you lived in Summerville instead of Reykjavik, you would:
pay 26.5% less for restaurants
|
Reykjavik
|
Summerville
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,796
|
$12.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,519
|
$12.50
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK441
|
$2.42
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK305
|
$1.92
|
|
pay 32.6% less for groceries
|
Reykjavik
|
Summerville
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK505
|
$2.01
|
|
| Local cheese (8 oz) |
$7.76
ISK1,084
|
$3.44
|
|
| Milk (1 gallon) |
$6.40
ISK895
|
$3.01
|
|
|
Eggs
1 dozen
|
$5.76
ISK805
|
$2.16
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,321
|
$3.47
|
|
| Apples (1 lb) |
$1.40
ISK196
|
$1.88
|
|
| Bananas (1 lb) |
$1.01
ISK141
|
$0.65
|
|
| Oranges (1 lb) |
$1.22
ISK170
|
$1.49
|
|
| Tomatoes (1 lb) |
$2.22
ISK311
|
$0.98
|
|
| Potatoes (1 lb) |
$1.43
ISK201
|
$0.88
|
|
| Onions (1 lb) |
$0.93
ISK131
|
$0.88
|
|
pay 46.7% less for transportation
|
Reykjavik
|
Summerville
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,188
|
$3.16
|
|
| Monthly public transit pass |
$74.95
ISK10,477
|
?? | |
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,933,724
|
$31,000.00
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK3,362
|
$11.94
|
|
pay 48.7% more for housing
|
Reykjavik
|
Summerville
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK9,766
|
$57.50
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK275,530
|
$2,000.00
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK252,085
|
$1,200.00
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK7,542
|
$185.83
|
|
pay 3.7 times more for childcare
|
Reykjavik
|
Summerville
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK35,244
|
$922.50
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK837,840
|
?? | |
pay 22.6% less for entertainment and sports
|
Reykjavik
|
Summerville
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,511
|
$4.00
|
|
| Cappuccino in mid-range area |
$5.31
ISK742
|
$6.00
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,712
|
$7.50
|
|
| Monthly membership at local gym |
$69.95
ISK9,777
|
?? | |
| Movie ticket to theater/cinema |
$14.77
ISK2,065
|
$14.50
|
|
pay 50.2% less for clothing
|
Reykjavik
|
Summerville
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK15,232
|
$34.40
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,950
|
$38.33
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK21,226
|
$72.50
|
|
| Men's business shoes (leather) |
$194.16
ISK27,139
|
$83.33
|
|
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