Cost of living comparison
Reykjavik is 2.3% cheaper than Santa Monica.
- Restaurants
-
pay 8.6% more in Reykjavik
- Groceries
-
pay 0.6% more in Reykjavik
- Transportation
-
pay 37.6% more in Reykjavik
- Housing
-
pay 32.4% less in Reykjavik
- Childcare
-
pay 82.5% less in Reykjavik
- Entertainment and Sports
-
pay 1.5% less in Reykjavik
- Clothing
-
pay 53.5% more in Reykjavik
The cost of clothing, transportation, restaurants, and groceries in Reykjavik are more expensive than in Santa Monica. Expenses including childcare, housing, and entertainment and sports are lower in Reykjavik.
If you lived in Reykjavik instead of Santa Monica, you would:
pay 8.6% more for restaurants
|
Santa Monica
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$25.00
|
$20.00
ISK2,569
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.00
|
$18.02
ISK2,314
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.96
|
$3.15
ISK405
|
|
| Bottle of water (11 fl. oz) |
$2.23
|
$2.19
ISK281
|
|
pay 0.6% more for groceries
|
Santa Monica
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.41
|
$3.61
ISK464
|
|
| Local cheese (8 oz) |
$6.87
|
$7.76
ISK996
|
|
| Milk (1 gallon) |
$4.56
|
$6.40
ISK822
|
|
|
Eggs
1 dozen
|
$4.77
|
$5.76
ISK739
|
|
| Boneless chicken breast (1 lb) |
$6.33
|
$9.45
ISK1,213
|
|
| Apples (1 lb) |
$2.50
|
$1.40
ISK180
|
|
| Bananas (1 lb) |
$1.05
|
$1.01
ISK130
|
|
| Oranges (1 lb) |
$1.66
|
$1.22
ISK156
|
|
| Tomatoes (1 lb) |
$2.49
|
$2.22
ISK286
|
|
| Potatoes (1 lb) |
$1.35
|
$1.43
ISK184
|
|
| Onions (1 lb) |
$1.15
|
$0.93
ISK120
|
|
pay 37.6% more for transportation
|
Santa Monica
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.94
|
$8.50
ISK1,092
|
|
| Monthly public transit pass |
$80.00
|
$74.95
ISK9,626
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$30,499.50
|
$42,450.45
ISK5,451,803
|
|
| Taxi trip in downtown area (5 miles) |
$16.52
|
$24.05
ISK3,089
|
|
pay 32.4% less for housing
|
Santa Monica
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.71
|
$69.87
ISK8,973
|
|
| 1-Bedroom apartment in downtown area |
$2,900.00
|
$1,971.17
ISK253,152
|
|
| 1-Bedroom apartment outside city center |
$2,600.00
|
$1,803.44
ISK231,611
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$146.62
|
$53.95
ISK6,929
|
|
pay 82.5% less for childcare
|
Santa Monica
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,778.57
|
$252.14
ISK32,382
|
|
| Middle school for 1 child, two semesters |
$28,750.00
|
$5,993.99
ISK769,793
|
|
pay 1.5% less for entertainment and sports
|
Santa Monica
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$8.00
|
$10.81
ISK1,388
|
|
| Cappuccino in mid-range area |
$5.46
|
$5.31
ISK681
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.00
|
$12.25
ISK1,573
|
|
| Monthly membership at local gym |
$105.00
|
$69.95
ISK8,983
|
|
| Movie ticket to theater/cinema |
$18.00
|
$14.77
ISK1,897
|
|
pay 53.5% more for clothing
|
Santa Monica
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$58.46
|
$108.97
ISK13,995
|
|
|
Regular dress
from H&M or similar store
|
$34.67
|
$49.72
ISK6,386
|
|
|
Running shoes
Nike or Adidas
|
$101.30
|
$151.85
ISK19,502
|
|
| Men's business shoes (leather) |
$144.74
|
$194.16
ISK24,935
|
|
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