Cost of living comparison
Reykjavik is 5.5 times more expensive than Thimphu.
If you lived in Reykjavik instead of Thimphu, you would:
pay 7.4 times more for restaurants
|
Thimphu
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$2.99
BTN251.49
|
$21.59
ISK2,967
|
|
|
Fast food combo meal
McDonalds, or similar
|
$2.99
BTN251.49
|
$17.27
ISK2,374
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.57
BTN47.78
|
$2.90
ISK399
|
|
| Bottle of water (11 fl. oz) |
$0.18
BTN15.09
|
$2.07
ISK285
|
|
pay 3.5 times more for groceries
|
Thimphu
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.96
BTN80.48
|
$3.68
ISK506
|
|
| Local cheese (8 oz) |
$1.71
BTN143.35
|
$7.66
ISK1,052
|
|
| Milk (1 gallon) |
$3.22
BTN270.36
|
$6.16
ISK847
|
|
|
Eggs
1 dozen
|
$2.24
BTN188.11
|
$5.91
ISK813
|
|
| Boneless chicken breast (1 lb) |
$1.77
BTN148.29
|
$8.87
ISK1,220
|
|
| Apples (1 lb) |
$1.09
BTN91.26
|
$1.53
ISK210
|
|
| Bananas (1 lb) |
$0.67
BTN55.90
|
$0.97
ISK133
|
|
| Oranges (1 lb) |
$0.84
BTN70.27
|
$1.26
ISK173
|
|
| Tomatoes (1 lb) |
$0.37
BTN31.48
|
$2.23
ISK306
|
|
| Potatoes (1 lb) |
$0.23
BTN19.62
|
$1.42
ISK195
|
|
| Onions (1 lb) |
$0.26
BTN21.90
|
$1.01
ISK139
|
|
pay 3.5 times more for transportation
|
Thimphu
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.99
BTN335.19
|
$8.57
ISK1,179
|
|
| Monthly public transit pass |
$8.00
BTN672.01
|
$66.92
ISK9,198
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$21,555.65
BTN1,810,702.32
|
$41,660.67
ISK5,726,259
|
|
| Taxi trip in downtown area (5 miles) |
$15.33
BTN1,287.61
|
$23.30
ISK3,202
|
|
pay 10.9 times more for housing
|
Thimphu
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$31.78
BTN2,669.46
|
$68.45
ISK9,408
|
|
| 1-Bedroom apartment in downtown area |
$128.98
BTN10,834.56
|
$1,864.13
ISK256,225
|
|
| 1-Bedroom apartment outside city center |
$71.76
BTN6,028.03
|
$1,666.20
ISK229,019
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$16.99
BTN1,427.36
|
$64.43
ISK8,856
|
|
pay 4.8 times more for childcare
|
Thimphu
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$249.99
BTN20,999.12
|
$240.37
ISK33,039
|
|
| Middle school for 1 child, two semesters |
$688.58
BTN57,841.88
|
$5,984.07
ISK822,511
|
|
pay 2.5 times more for entertainment and sports
|
Thimphu
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.00
BTN840.01
|
$10.79
ISK1,483
|
|
| Cappuccino in mid-range area |
$1.56
BTN130.77
|
$5.09
ISK699
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.89
BTN326.93
|
$11.87
ISK1,632
|
|
| Monthly membership at local gym |
$49.90
BTN4,191.44
|
$65.50
ISK9,003
|
|
| Movie ticket to theater/cinema |
$3.59
BTN301.78
|
$14.39
ISK1,978
|
|
pay 6.0 times more for clothing
|
Thimphu
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$9.58
BTN804.76
|
$103.94
ISK14,287
|
|
|
Regular dress
from H&M or similar store
|
$11.98
BTN1,005.95
|
$43.50
ISK5,978
|
|
|
Running shoes
Nike or Adidas
|
$32.93
BTN2,766.35
|
$141.47
ISK19,445
|
|
| Men's business shoes (leather) |
$32.93
BTN2,766.35
|
$174.65
ISK24,006
|
|
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