Cost of living comparison
Reykjavik is 26.5% more expensive than Road Town.
- Restaurants
-
pay 46.0% more in Reykjavik
- Groceries
-
pay 4.4% less in Reykjavik
- Transportation
-
pay 83.3% more in Reykjavik
- Housing
-
pay 12.6% less in Reykjavik
- Childcare
-
pay 37.3% less in Reykjavik
- Entertainment and Sports
-
pay 66.6% more in Reykjavik
- Clothing
-
pay 43.8% more in Reykjavik
The cost of transportation, entertainment and sports, restaurants, and clothing in Reykjavik are more expensive than in Road Town. Expenses including childcare, housing, and groceries are lower in Reykjavik. Notably, transportation is significantly more expensive in Reykjavik.
If you lived in Reykjavik instead of Road Town, you would:
pay 46.0% more for restaurants
|
Road Town
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
|
$20.00
ISK2,482
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.50
|
$18.02
ISK2,236
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.10
|
$3.15
ISK391
|
|
| Bottle of water (11 fl. oz) |
$1.67
|
$2.19
ISK271
|
|
pay 4.4% less for groceries
|
Road Town
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.66
|
$3.61
ISK448
|
|
| Local cheese (8 oz) |
$9.00
|
$7.76
ISK963
|
|
| Milk (1 gallon) |
$8.81
|
$6.40
ISK795
|
|
|
Eggs
1 dozen
|
$5.00
|
$5.76
ISK714
|
|
| Boneless chicken breast (1 lb) |
$4.54
|
$9.45
ISK1,172
|
|
| Apples (1 lb) |
$1.66
|
$1.40
ISK174
|
|
| Bananas (1 lb) |
$1.37
|
$1.01
ISK125
|
|
| Oranges (1 lb) |
$0.91
|
$1.22
ISK151
|
|
| Tomatoes (1 lb) |
$3.04
|
$2.22
ISK276
|
|
| Potatoes (1 lb) |
$2.06
|
$1.43
ISK178
|
|
| Onions (1 lb) |
$1.64
|
$0.93
ISK116
|
|
pay 83.3% more for transportation
|
Road Town
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.64
|
$8.50
ISK1,055
|
|
| Monthly public transit pass | ?? |
$74.95
ISK9,302
|
|
| New Volkswagen Golf 1.4 (standard edition) | ?? |
$42,450.45
ISK5,268,101
|
|
| Taxi trip in downtown area (5 miles) | ?? |
$24.05
ISK2,985
|
|
pay 12.6% less for housing
|
Road Town
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$125.00
|
$69.87
ISK8,670
|
|
| 1-Bedroom apartment in downtown area |
$1,666.67
|
$1,971.17
ISK244,622
|
|
| 1-Bedroom apartment outside city center |
$1,366.67
|
$1,803.44
ISK223,807
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$124.65
|
$53.95
ISK6,696
|
|
pay 37.3% less for childcare
|
Road Town
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$375.00
|
$252.14
ISK31,291
|
|
| Middle school for 1 child, two semesters |
$10,320.00
|
$5,993.99
ISK743,855
|
|
pay 66.6% more for entertainment and sports
|
Road Town
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.00
|
$10.81
ISK1,342
|
|
| Cappuccino in mid-range area |
$4.75
|
$5.31
ISK658
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.00
|
$12.25
ISK1,520
|
|
| Monthly membership at local gym |
$120.00
|
$69.95
ISK8,680
|
|
| Movie ticket to theater/cinema |
$10.00
|
$14.77
ISK1,834
|
|
pay 43.8% more for clothing
|
Road Town
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.50
|
$108.97
ISK13,523
|
|
|
Regular dress
from H&M or similar store
|
$55.00
|
$49.72
ISK6,170
|
|
|
Running shoes
Nike or Adidas
|
$130.00
|
$151.85
ISK18,845
|
|
| Men's business shoes (leather) |
$140.00
|
$194.16
ISK24,095
|
|
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