Cost of living comparison
Reykjavik is 46.5% more expensive than Summerville.
- Restaurants
-
pay 38.7% more in Reykjavik
- Groceries
-
pay 78.7% more in Reykjavik
- Transportation
-
pay 2.0 times more in Reykjavik
- Housing
-
pay 0.2% less in Reykjavik
- Childcare
-
pay 72.7% less in Reykjavik
- Entertainment and Sports
-
pay 56.0% more in Reykjavik
- Clothing
-
pay 2.2 times more in Reykjavik
The cost of clothing, transportation, groceries, entertainment and sports, and restaurants in Reykjavik are more expensive than in Summerville. Expenses including childcare and housing are lower in Reykjavik. Notably, clothing, transportation, and groceries are significantly more expensive in Reykjavik.
If you lived in Reykjavik instead of Summerville, you would:
pay 38.7% more for restaurants
|
Summerville
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$12.00
|
$20.00
ISK2,796
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.50
|
$18.02
ISK2,519
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.42
|
$3.15
ISK441
|
|
| Bottle of water (11 fl. oz) |
$1.92
|
$2.19
ISK305
|
|
pay 78.7% more for groceries
|
Summerville
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.01
|
$3.61
ISK505
|
|
| Local cheese (8 oz) |
$3.44
|
$7.76
ISK1,084
|
|
| Milk (1 gallon) |
$3.01
|
$6.40
ISK895
|
|
|
Eggs
1 dozen
|
$2.16
|
$5.76
ISK805
|
|
| Boneless chicken breast (1 lb) |
$3.47
|
$9.45
ISK1,321
|
|
| Apples (1 lb) |
$1.88
|
$1.40
ISK196
|
|
| Bananas (1 lb) |
$0.65
|
$1.01
ISK141
|
|
| Oranges (1 lb) |
$1.49
|
$1.22
ISK170
|
|
| Tomatoes (1 lb) |
$0.98
|
$2.22
ISK311
|
|
| Potatoes (1 lb) |
$0.88
|
$1.43
ISK201
|
|
| Onions (1 lb) |
$0.88
|
$0.93
ISK131
|
|
pay 2.0 times more for transportation
|
Summerville
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.16
|
$8.50
ISK1,188
|
|
| Monthly public transit pass | ?? |
$74.95
ISK10,477
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$31,000.00
|
$42,450.45
ISK5,933,724
|
|
| Taxi trip in downtown area (5 miles) |
$11.94
|
$24.05
ISK3,362
|
|
pay 0.2% less for housing
|
Summerville
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$57.50
|
$69.87
ISK9,766
|
|
| 1-Bedroom apartment in downtown area |
$2,000.00
|
$1,971.17
ISK275,530
|
|
| 1-Bedroom apartment outside city center |
$1,200.00
|
$1,803.44
ISK252,085
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$185.83
|
$53.95
ISK7,542
|
|
pay 72.7% less for childcare
|
Summerville
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$922.50
|
$252.14
ISK35,244
|
|
| Middle school for 1 child, two semesters | ?? |
$5,993.99
ISK837,840
|
|
pay 56.0% more for entertainment and sports
|
Summerville
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.00
|
$10.81
ISK1,511
|
|
| Cappuccino in mid-range area |
$6.00
|
$5.31
ISK742
|
|
|
Pack of cigarettes
Marlboro or similar
|
$7.50
|
$12.25
ISK1,712
|
|
| Monthly membership at local gym | ?? |
$69.95
ISK9,777
|
|
| Movie ticket to theater/cinema |
$14.50
|
$14.77
ISK2,065
|
|
pay 2.2 times more for clothing
|
Summerville
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$34.40
|
$108.97
ISK15,232
|
|
|
Regular dress
from H&M or similar store
|
$38.33
|
$49.72
ISK6,950
|
|
|
Running shoes
Nike or Adidas
|
$72.50
|
$151.85
ISK21,226
|
|
| Men's business shoes (leather) |
$83.33
|
$194.16
ISK27,139
|
|
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