Cost of living comparison
Reykjavik is 72.6% more expensive than Tokyo.
If you lived in Reykjavik instead of Tokyo, you would:
pay 3.0 times more for restaurants
|
Tokyo
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$6.59
¥1,008
|
$21.59
ISK2,967
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.14
¥786
|
$17.27
ISK2,374
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.15
¥175
|
$2.90
ISK399
|
|
| Bottle of water (11 fl. oz) |
$0.76
¥117
|
$2.07
ISK285
|
|
pay 32.8% more for groceries
|
Tokyo
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.73
¥265
|
$3.68
ISK506
|
|
| Local cheese (8 oz) |
$7.97
¥1,220
|
$7.66
ISK1,052
|
|
| Milk (1 gallon) |
$5.76
¥881
|
$6.16
ISK847
|
|
|
Eggs
1 dozen
|
$2.15
¥328
|
$5.91
ISK813
|
|
| Boneless chicken breast (1 lb) |
$3.23
¥494
|
$8.87
ISK1,220
|
|
| Apples (1 lb) |
$2.37
¥363
|
$1.53
ISK210
|
|
| Bananas (1 lb) |
$1.13
¥173
|
$0.97
ISK133
|
|
| Oranges (1 lb) |
$2.58
¥395
|
$1.26
ISK173
|
|
| Tomatoes (1 lb) |
$2.19
¥336
|
$2.23
ISK306
|
|
| Potatoes (1 lb) |
$1.27
¥194
|
$1.42
ISK195
|
|
| Onions (1 lb) |
$1.23
¥189
|
$1.01
ISK139
|
|
pay 54.5% more for transportation
|
Tokyo
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.29
¥656
|
$8.57
ISK1,179
|
|
| Monthly public transit pass |
$50.63
¥7,747
|
$66.92
ISK9,198
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$21,471.04
¥3,285,606
|
$41,660.67
ISK5,726,259
|
|
| Taxi trip in downtown area (5 miles) |
$25.31
¥3,874
|
$23.30
ISK3,202
|
|
pay 84.1% more for housing
|
Tokyo
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$31.29
¥4,788
|
$68.45
ISK9,408
|
|
| 1-Bedroom apartment in downtown area |
$1,013.09
¥155,029
|
$1,864.13
ISK256,225
|
|
| 1-Bedroom apartment outside city center |
$584.76
¥89,482
|
$1,666.20
ISK229,019
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$132.60
¥20,291
|
$64.43
ISK8,856
|
|
pay 54.7% less for childcare
|
Tokyo
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$486.02
¥74,373
|
$240.37
ISK33,039
|
|
| Middle school for 1 child, two semesters |
$14,566.86
¥2,229,093
|
$5,984.07
ISK822,511
|
|
pay 2.0 times more for entertainment and sports
|
Tokyo
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.21
¥492
|
$10.79
ISK1,483
|
|
| Cappuccino in mid-range area |
$3.30
¥505
|
$5.09
ISK699
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.85
¥590
|
$11.87
ISK1,632
|
|
| Monthly membership at local gym |
$61.83
¥9,462
|
$65.50
ISK9,003
|
|
| Movie ticket to theater/cinema |
$12.21
¥1,868
|
$14.39
ISK1,978
|
|
pay 90.3% more for clothing
|
Tokyo
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$54.04
¥8,270
|
$103.94
ISK14,287
|
|
|
Regular dress
from H&M or similar store
|
$36.17
¥5,535
|
$43.50
ISK5,978
|
|
|
Running shoes
Nike or Adidas
|
$61.61
¥9,428
|
$141.47
ISK19,445
|
|
| Men's business shoes (leather) |
$79.69
¥12,194
|
$174.65
ISK24,006
|
|
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