Cost of living comparison
Reykjavik is 74.7% more expensive than Tivat.
- Restaurants
-
pay 58.8% more in Reykjavik
- Groceries
-
pay 2.1 times more in Reykjavik
- Transportation
-
pay 2.1 times more in Reykjavik
- Housing
-
pay 83.2% more in Reykjavik
- Childcare
-
pay 36.0% less in Reykjavik
- Entertainment and Sports
-
pay 2.7 times more in Reykjavik
- Clothing
-
pay 26.9% more in Reykjavik
The cost of entertainment and sports, transportation, groceries, housing, restaurants, and clothing in Reykjavik are more expensive than in Tivat. Notably, entertainment and sports, transportation, and groceries are significantly more expensive in Reykjavik.
If you lived in Reykjavik instead of Tivat, you would:
pay 58.8% more for restaurants
Tivat
|
Reykjavik
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$12.86
€10.92
|
$20.00
ISK2,419
|
|
Fast food combo meal
McDonalds, or similar
|
$9.65
€8.19
|
$18.02
ISK2,179
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.13
€1.81
|
$3.15
ISK381
|
|
Bottle of water (11 fl. oz) |
$1.51
€1.28
|
$2.19
ISK264
|
|
pay 2.1 times more for groceries
Tivat
|
Reykjavik
|
||
---|---|---|---|
Bread
1 loaf
|
$1.02
€0.86
|
$3.61
ISK437
|
|
Local cheese (8 oz) |
$4.10
€3.48
|
$7.76
ISK938
|
|
Milk (1 gallon) |
$5.46
€4.63
|
$6.40
ISK774
|
|
Eggs
1 dozen
|
$2.99
€2.54
|
$5.76
ISK696
|
|
Boneless chicken breast (1 lb) |
$3.18
€2.70
|
$9.45
ISK1,142
|
|
Apples (1 lb) |
$0.61
€0.51
|
$1.40
ISK170
|
|
Bananas (1 lb) |
$0.87
€0.74
|
$1.01
ISK122
|
|
Oranges (1 lb) |
$0.67
€0.57
|
$1.22
ISK147
|
|
Tomatoes (1 lb) |
$1.26
€1.07
|
$2.22
ISK269
|
|
Potatoes (1 lb) |
$0.54
€0.46
|
$1.43
ISK173
|
|
Onions (1 lb) |
$0.65
€0.55
|
$0.93
ISK113
|
|
pay 2.1 times more for transportation
Tivat
|
Reykjavik
|
||
---|---|---|---|
Gasoline (1 gallon) |
$6.07
€5.15
|
$8.50
ISK1,028
|
|
Monthly public transit pass |
$37.51
€31.85
|
$74.95
ISK9,064
|
|
New Volkswagen Golf 1.4 (standard edition) |
$27,933.36
€23,715.20
|
$42,450.45
ISK5,133,533
|
|
Taxi trip in downtown area (5 miles) |
$6.64
€5.64
|
$24.05
ISK2,908
|
|
pay 83.2% more for housing
Tivat
|
Reykjavik
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$29.35
€24.92
|
$69.87
ISK8,449
|
|
1-Bedroom apartment in downtown area |
$988.40
€839.15
|
$1,971.17
ISK238,374
|
|
1-Bedroom apartment outside city center |
$750.23
€636.94
|
$1,803.44
ISK218,090
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$98.46
€83.59
|
$53.95
ISK6,525
|
|
pay 36.0% less for childcare
Tivat
|
Reykjavik
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$396.55
€336.67
|
$252.14
ISK30,491
|
|
Middle school for 1 child, two semesters |
$9,324.34
€7,916.29
|
$5,993.99
ISK724,854
|
|
pay 2.7 times more for entertainment and sports
Tivat
|
Reykjavik
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.36
€2.00
|
$10.81
ISK1,307
|
|
Cappuccino in mid-range area |
$2.48
€2.11
|
$5.31
ISK642
|
|
Pack of cigarettes
Marlboro or similar
|
$4.07
€3.46
|
$12.25
ISK1,481
|
|
Monthly membership at local gym |
$68.32
€58.01
|
$69.95
ISK8,459
|
|
Movie ticket to theater/cinema |
$5.36
€4.55
|
$14.77
ISK1,787
|
|
pay 26.9% more for clothing
Tivat
|
Reykjavik
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$76.10
€64.60
|
$108.97
ISK13,178
|
|
Regular dress
from H&M or similar store
|
$41.90
€35.57
|
$49.72
ISK6,013
|
|
Running shoes
Nike or Adidas
|
$117.89
€100.09
|
$151.85
ISK18,364
|
|
Men's business shoes (leather) |
$166.12
€141.04
|
$194.16
ISK23,480
|
|
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