Cost of living comparison
Sydney is 65.4% more expensive than Reykjavik.
- Restaurants
-
pay 22.5% less in Sydney
- Groceries
-
pay 10.1% less in Sydney
- Transportation
-
pay 11.9% more in Sydney
- Housing
-
pay 37.2% more in Sydney
- Childcare
-
pay 5.5 times more in Sydney
- Entertainment and Sports
-
pay 17.5% more in Sydney
- Clothing
-
pay 21.6% less in Sydney
The cost of childcare, housing, entertainment and sports, and transportation in Sydney are more expensive than in Reykjavik. Expenses including restaurants, clothing, and groceries are lower in Sydney. Notably, childcare is significantly more expensive in Sydney.
If you lived in Sydney instead of Reykjavik, you would:
pay 22.5% less for restaurants
|
Reykjavik
|
Sydney
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,689
|
$16.48
A$26.03
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,423
|
$9.89
A$15.62
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK424
|
$2.49
A$3.94
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK294
|
$2.04
A$3.23
|
|
pay 10.1% less for groceries
|
Reykjavik
|
Sydney
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK485
|
$2.80
A$4.42
|
|
| Local cheese (8 oz) |
$7.76
ISK1,043
|
$5.66
A$8.94
|
|
| Milk (1 gallon) |
$6.40
ISK861
|
$6.60
A$10.43
|
|
|
Eggs
1 dozen
|
$5.76
ISK774
|
$4.35
A$6.87
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,270
|
$3.91
A$6.18
|
|
| Apples (1 lb) |
$1.40
ISK189
|
$1.47
A$2.32
|
|
| Bananas (1 lb) |
$1.01
ISK136
|
$1.29
A$2.03
|
|
| Oranges (1 lb) |
$1.22
ISK164
|
$1.38
A$2.17
|
|
| Tomatoes (1 lb) |
$2.22
ISK299
|
$1.94
A$3.06
|
|
| Potatoes (1 lb) |
$1.43
ISK193
|
$1.10
A$1.74
|
|
| Onions (1 lb) |
$0.93
ISK126
|
$1.02
A$1.62
|
|
pay 11.9% more for transportation
|
Reykjavik
|
Sydney
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,143
|
$4.95
A$7.82
|
|
| Monthly public transit pass |
$74.95
ISK10,078
|
$143.27
A$226.33
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,707,888
|
$29,276.08
A$46,249.74
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK3,234
|
$31.14
A$49.19
|
|
pay 37.2% more for housing
|
Reykjavik
|
Sydney
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK9,394
|
$52.22
A$82.50
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK265,044
|
$2,177.38
A$3,439.78
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK242,491
|
$1,459.01
A$2,304.91
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK7,255
|
$152.64
A$241.13
|
|
pay 5.5 times more for childcare
|
Reykjavik
|
Sydney
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK33,903
|
$1,995.92
A$3,153.11
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK805,952
|
$17,906.19
A$28,287.83
|
|
pay 17.5% more for entertainment and sports
|
Reykjavik
|
Sydney
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,454
|
$6.59
A$10.41
|
|
| Cappuccino in mid-range area |
$5.31
ISK713
|
$3.47
A$5.48
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,646
|
$32.95
A$52.06
|
|
| Monthly membership at local gym |
$69.95
ISK9,405
|
$59.52
A$94.03
|
|
| Movie ticket to theater/cinema |
$14.77
ISK1,987
|
$15.82
A$24.99
|
|
pay 21.6% less for clothing
|
Reykjavik
|
Sydney
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK14,652
|
$74.12
A$117.10
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,685
|
$53.36
A$84.29
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK20,418
|
$108.20
A$170.93
|
|
| Men's business shoes (leather) |
$194.16
ISK26,106
|
$130.17
A$205.64
|
|
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