Cost of living comparison
Reykjavik is 76.0% more expensive than Tokyo.
- Restaurants
-
pay 3.1 times more in Reykjavik
- Groceries
-
pay 34.8% more in Reykjavik
- Transportation
-
pay 50.4% more in Reykjavik
- Housing
-
pay 86.2% more in Reykjavik
- Childcare
-
pay 55.7% less in Reykjavik
- Entertainment and Sports
-
pay 2.0 times more in Reykjavik
- Clothing
-
pay 2.0 times more in Reykjavik
The cost of restaurants, entertainment and sports, clothing, housing, transportation, and groceries in Reykjavik are more expensive than in Tokyo. Notably, restaurants, entertainment and sports, and clothing are significantly more expensive in Reykjavik.
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
¥938
|
$20.00
ISK2,545
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.21
¥751
|
$18.02
ISK2,293
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.12
¥161
|
$3.15
ISK401
|
|
| Bottle of water (11 fl. oz) |
$0.75
¥107
|
$2.19
ISK278
|
|
pay 34.8% more for groceries
|
Tokyo
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.63
¥235
|
$3.61
ISK459
|
|
| Local cheese (8 oz) |
$7.01
¥1,010
|
$7.76
ISK987
|
|
| Milk (1 gallon) |
$5.89
¥848
|
$6.40
ISK815
|
|
|
Eggs
1 dozen
|
$2.09
¥300
|
$5.76
ISK733
|
|
| Boneless chicken breast (1 lb) |
$3.26
¥470
|
$9.45
ISK1,202
|
|
| Apples (1 lb) |
$2.38
¥343
|
$1.40
ISK178
|
|
| Bananas (1 lb) |
$1.06
¥153
|
$1.01
ISK128
|
|
| Oranges (1 lb) |
$2.65
¥382
|
$1.22
ISK155
|
|
| Tomatoes (1 lb) |
$2.42
¥348
|
$2.22
ISK283
|
|
| Potatoes (1 lb) |
$1.29
¥186
|
$1.43
ISK183
|
|
| Onions (1 lb) |
$1.26
¥182
|
$0.93
ISK119
|
|
pay 50.4% more for transportation
|
Tokyo
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.42
¥637
|
$8.50
ISK1,082
|
|
| Monthly public transit pass |
$58.62
¥8,444
|
$74.95
ISK9,538
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$21,767.76
¥3,135,439
|
$42,450.45
ISK5,401,820
|
|
| Taxi trip in downtown area (5 miles) |
$27.88
¥4,015
|
$24.05
ISK3,060
|
|
pay 86.2% more for housing
|
Tokyo
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$31.86
¥4,589
|
$69.87
ISK8,890
|
|
| 1-Bedroom apartment in downtown area |
$1,120.28
¥161,365
|
$1,971.17
ISK250,832
|
|
| 1-Bedroom apartment outside city center |
$582.98
¥83,973
|
$1,803.44
ISK229,488
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$134.03
¥19,306
|
$53.95
ISK6,866
|
|
pay 55.7% less for childcare
|
Tokyo
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$533.29
¥76,816
|
$252.14
ISK32,085
|
|
| Middle school for 1 child, two semesters |
$14,506.96
¥2,089,589
|
$5,993.99
ISK762,736
|
|
pay 2.0 times more for entertainment and sports
|
Tokyo
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.26
¥469
|
$10.81
ISK1,376
|
|
| Cappuccino in mid-range area |
$3.40
¥490
|
$5.31
ISK675
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.91
¥563
|
$12.25
ISK1,558
|
|
| Monthly membership at local gym |
$67.16
¥9,673
|
$69.95
ISK8,901
|
|
| Movie ticket to theater/cinema |
$12.38
¥1,783
|
$14.77
ISK1,880
|
|
pay 2.0 times more for clothing
|
Tokyo
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$52.60
¥7,576
|
$108.97
ISK13,867
|
|
|
Regular dress
from H&M or similar store
|
$36.87
¥5,311
|
$49.72
ISK6,327
|
|
|
Running shoes
Nike or Adidas
|
$63.41
¥9,134
|
$151.85
ISK19,323
|
|
| Men's business shoes (leather) |
$82.89
¥11,940
|
$194.16
ISK24,707
|
|
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