Cost of living comparison
Reykjavik is 2.5 times more expensive than Skopje.
If you lived in Reykjavik instead of Skopje, you would:
pay 2.6 times more for restaurants
|
Skopje
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$5.89
MKD333.40
|
$21.59
ISK2,967
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.27
MKD298.57
|
$17.27
ISK2,374
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.61
MKD90.97
|
$2.90
ISK399
|
|
| Bottle of water (11 fl. oz) |
$1.24
MKD70.16
|
$2.07
ISK285
|
|
pay 2.8 times more for groceries
|
Skopje
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.65
MKD36.98
|
$3.68
ISK506
|
|
| Local cheese (8 oz) |
$3.90
MKD220.82
|
$7.66
ISK1,052
|
|
| Milk (1 gallon) |
$4.64
MKD262.74
|
$6.16
ISK847
|
|
|
Eggs
1 dozen
|
$2.14
MKD121.21
|
$5.91
ISK813
|
|
| Boneless chicken breast (1 lb) |
$3.61
MKD204.33
|
$8.87
ISK1,220
|
|
| Apples (1 lb) |
$0.42
MKD23.60
|
$1.53
ISK210
|
|
| Bananas (1 lb) |
$0.61
MKD34.75
|
$0.97
ISK133
|
|
| Oranges (1 lb) |
$0.53
MKD30.24
|
$1.26
ISK173
|
|
| Tomatoes (1 lb) |
$0.81
MKD45.71
|
$2.23
ISK306
|
|
| Potatoes (1 lb) |
$0.39
MKD21.87
|
$1.42
ISK195
|
|
| Onions (1 lb) |
$0.44
MKD24.95
|
$1.01
ISK139
|
|
pay 2.4 times more for transportation
|
Skopje
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.44
MKD308.21
|
$8.57
ISK1,179
|
|
| Monthly public transit pass |
$25.49
MKD1,443.07
|
$66.92
ISK9,198
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$31,636.94
MKD1,791,398.20
|
$41,660.67
ISK5,726,259
|
|
| Taxi trip in downtown area (5 miles) |
$5.98
MKD338.38
|
$23.30
ISK3,202
|
|
pay 3.9 times more for housing
|
Skopje
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$20.21
MKD1,144.50
|
$68.45
ISK9,408
|
|
| 1-Bedroom apartment in downtown area |
$352.02
MKD19,932.64
|
$1,864.13
ISK256,225
|
|
| 1-Bedroom apartment outside city center |
$256.45
MKD14,521.24
|
$1,666.20
ISK229,019
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$105.75
MKD5,987.87
|
$64.43
ISK8,856
|
|
pay 12.3% more for childcare
|
Skopje
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$283.04
MKD16,026.96
|
$240.37
ISK33,039
|
|
| Middle school for 1 child, two semesters |
$4,283.33
MKD242,537.40
|
$5,984.07
ISK822,511
|
|
pay 3.2 times more for entertainment and sports
|
Skopje
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.11
MKD119.43
|
$10.79
ISK1,483
|
|
| Cappuccino in mid-range area |
$1.92
MKD108.56
|
$5.09
ISK699
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.81
MKD159.24
|
$11.87
ISK1,632
|
|
| Monthly membership at local gym |
$35.15
MKD1,990.44
|
$65.50
ISK9,003
|
|
| Movie ticket to theater/cinema |
$6.15
MKD348.33
|
$14.39
ISK1,978
|
|
pay 60.7% more for clothing
|
Skopje
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$67.92
MKD3,845.78
|
$103.94
ISK14,287
|
|
|
Regular dress
from H&M or similar store
|
$36.30
MKD2,055.35
|
$43.50
ISK5,978
|
|
|
Running shoes
Nike or Adidas
|
$79.70
MKD4,512.95
|
$141.47
ISK19,445
|
|
| Men's business shoes (leather) |
$90.77
MKD5,139.96
|
$174.65
ISK24,006
|
|
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