Cost of living comparison
Reykjavik is 76.0% more expensive than Tokyo.
If you lived in Reykjavik instead of Tokyo, you would:
pay 3.1 times more for restaurants
|
Tokyo
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$6.51
¥1,019
|
$20.00
ISK2,783
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.21
¥815
|
$18.02
ISK2,507
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.12
¥175
|
$3.15
ISK439
|
|
| Bottle of water (11 fl. oz) |
$0.75
¥117
|
$2.19
ISK304
|
|
pay 34.8% more for groceries
|
Tokyo
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.63
¥256
|
$3.61
ISK502
|
|
| Local cheese (8 oz) |
$7.01
¥1,097
|
$7.76
ISK1,079
|
|
| Milk (1 gallon) |
$5.89
¥921
|
$6.40
ISK891
|
|
|
Eggs
1 dozen
|
$2.09
¥326
|
$5.76
ISK801
|
|
| Boneless chicken breast (1 lb) |
$3.26
¥511
|
$9.45
ISK1,314
|
|
| Apples (1 lb) |
$2.38
¥372
|
$1.40
ISK195
|
|
| Bananas (1 lb) |
$1.06
¥166
|
$1.01
ISK140
|
|
| Oranges (1 lb) |
$2.65
¥414
|
$1.22
ISK169
|
|
| Tomatoes (1 lb) |
$2.42
¥378
|
$2.22
ISK309
|
|
| Potatoes (1 lb) |
$1.29
¥202
|
$1.43
ISK200
|
|
| Onions (1 lb) |
$1.26
¥198
|
$0.93
ISK130
|
|
pay 50.4% more for transportation
|
Tokyo
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.42
¥692
|
$8.50
ISK1,183
|
|
| Monthly public transit pass |
$58.62
¥9,171
|
$74.95
ISK10,428
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$21,767.76
¥3,405,457
|
$42,450.45
ISK5,906,131
|
|
| Taxi trip in downtown area (5 miles) |
$27.88
¥4,361
|
$24.05
ISK3,346
|
|
pay 86.2% more for housing
|
Tokyo
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$31.86
¥4,984
|
$69.87
ISK9,720
|
|
| 1-Bedroom apartment in downtown area |
$1,120.28
¥175,262
|
$1,971.17
ISK274,249
|
|
| 1-Bedroom apartment outside city center |
$582.98
¥91,204
|
$1,803.44
ISK250,913
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$134.03
¥20,969
|
$53.95
ISK7,507
|
|
pay 55.7% less for childcare
|
Tokyo
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$533.29
¥83,431
|
$252.14
ISK35,080
|
|
| Middle school for 1 child, two semesters |
$14,506.96
¥2,269,541
|
$5,993.99
ISK833,944
|
|
pay 2.0 times more for entertainment and sports
|
Tokyo
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.26
¥509
|
$10.81
ISK1,504
|
|
| Cappuccino in mid-range area |
$3.40
¥532
|
$5.31
ISK738
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.91
¥611
|
$12.25
ISK1,704
|
|
| Monthly membership at local gym |
$67.16
¥10,506
|
$69.95
ISK9,732
|
|
| Movie ticket to theater/cinema |
$12.38
¥1,936
|
$14.77
ISK2,056
|
|
pay 2.0 times more for clothing
|
Tokyo
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$52.60
¥8,229
|
$108.97
ISK15,161
|
|
|
Regular dress
from H&M or similar store
|
$36.87
¥5,768
|
$49.72
ISK6,918
|
|
|
Running shoes
Nike or Adidas
|
$63.41
¥9,921
|
$151.85
ISK21,127
|
|
| Men's business shoes (leather) |
$82.89
¥12,968
|
$194.16
ISK27,013
|
|
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