Cost of living comparison
Reykjavik is 21.7% more expensive than Salt Lake City.
- Restaurants
-
pay 33.8% more in Reykjavik
- Groceries
-
pay 22.4% more in Reykjavik
- Transportation
-
pay 54.9% more in Reykjavik
- Housing
-
pay 3.5% less in Reykjavik
- Childcare
-
pay 52.5% less in Reykjavik
- Entertainment and Sports
-
pay 49.0% more in Reykjavik
- Clothing
-
pay 47.6% more in Reykjavik
The cost of transportation, entertainment and sports, clothing, restaurants, and groceries in Reykjavik are more expensive than in Salt Lake City. Expenses including childcare and housing are lower in Reykjavik.
If you lived in Reykjavik instead of Salt Lake City, you would:
pay 33.8% more for restaurants
Salt Lake City
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$16.00
|
$20.00
ISK2,436
|
|
Fast food combo meal
McDonalds, or similar
|
$10.50
|
$18.02
ISK2,195
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.56
|
$3.15
ISK384
|
|
Bottle of water (11 fl. oz) |
$1.89
|
$2.19
ISK266
|
|
pay 22.4% more for groceries
Salt Lake City
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$3.27
|
$3.61
ISK440
|
|
Local cheese (8 oz) |
$6.53
|
$7.76
ISK945
|
|
Milk (1 gallon) |
$3.44
|
$6.40
ISK780
|
|
Eggs
1 dozen
|
$3.63
|
$5.76
ISK701
|
|
Boneless chicken breast (1 lb) |
$4.11
|
$9.45
ISK1,151
|
|
Apples (1 lb) |
$2.19
|
$1.40
ISK171
|
|
Bananas (1 lb) |
$1.07
|
$1.01
ISK123
|
|
Oranges (1 lb) |
$1.59
|
$1.22
ISK148
|
|
Tomatoes (1 lb) |
$1.91
|
$2.22
ISK271
|
|
Potatoes (1 lb) |
$1.26
|
$1.43
ISK175
|
|
Onions (1 lb) |
$1.22
|
$0.93
ISK114
|
|
pay 54.9% more for transportation
Salt Lake City
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.84
|
$8.50
ISK1,036
|
|
Monthly public transit pass |
$89.00
|
$74.95
ISK9,130
|
|
New Volkswagen Golf 1.4 (standard edition) |
$30,050.00
|
$42,450.45
ISK5,170,889
|
|
Taxi trip in downtown area (5 miles) |
$13.93
|
$24.05
ISK2,930
|
|
pay 3.5% less for housing
Salt Lake City
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$74.44
|
$69.87
ISK8,510
|
|
1-Bedroom apartment in downtown area |
$1,664.75
|
$1,971.17
ISK240,108
|
|
1-Bedroom apartment outside city center |
$1,361.67
|
$1,803.44
ISK219,677
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$130.40
|
$53.95
ISK6,572
|
|
pay 52.5% less for childcare
Salt Lake City
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$1,073.33
|
$252.14
ISK30,713
|
|
Middle school for 1 child, two semesters |
$8,400.00
|
$5,993.99
ISK730,128
|
|
pay 49.0% more for entertainment and sports
Salt Lake City
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$6.00
|
$10.81
ISK1,317
|
|
Cappuccino in mid-range area |
$4.89
|
$5.31
ISK646
|
|
Pack of cigarettes
Marlboro or similar
|
$8.89
|
$12.25
ISK1,492
|
|
Monthly membership at local gym |
$35.75
|
$69.95
ISK8,520
|
|
Movie ticket to theater/cinema |
$12.00
|
$14.77
ISK1,800
|
|
pay 47.6% more for clothing
Salt Lake City
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$66.55
|
$108.97
ISK13,274
|
|
Regular dress
from H&M or similar store
|
$45.00
|
$49.72
ISK6,056
|
|
Running shoes
Nike or Adidas
|
$105.00
|
$151.85
ISK18,497
|
|
Men's business shoes (leather) |
$113.12
|
$194.16
ISK23,650
|
|
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