Cost of living comparison
Reykjavik is 44.0% more expensive than Victoria.
If you lived in Reykjavik instead of Victoria, you would:
pay 34.0% more for restaurants
|
Victoria
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$14.76
SCR208.41
|
$21.59
ISK2,967
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.19
SCR143.94
|
$17.27
ISK2,374
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.26
SCR31.98
|
$2.90
ISK399
|
|
| Bottle of water (11 fl. oz) |
$2.24
SCR31.69
|
$2.07
ISK285
|
|
pay 43.2% more for groceries
|
Victoria
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.88
SCR26.49
|
$3.68
ISK506
|
|
| Local cheese (8 oz) |
$10.83
SCR152.89
|
$7.66
ISK1,052
|
|
| Milk (1 gallon) |
$8.52
SCR120.31
|
$6.16
ISK847
|
|
|
Eggs
1 dozen
|
$3.87
SCR54.71
|
$5.91
ISK813
|
|
| Boneless chicken breast (1 lb) |
$3.08
SCR43.49
|
$8.87
ISK1,220
|
|
| Apples (1 lb) |
$0.95
SCR13.39
|
$1.53
ISK210
|
|
| Bananas (1 lb) |
$1.30
SCR18.32
|
$0.97
ISK133
|
|
| Oranges (1 lb) |
$0.90
SCR12.64
|
$1.26
ISK173
|
|
| Tomatoes (1 lb) |
$3.60
SCR50.81
|
$2.23
ISK306
|
|
| Potatoes (1 lb) |
$0.78
SCR10.99
|
$1.42
ISK195
|
|
| Onions (1 lb) |
$0.58
SCR8.15
|
$1.01
ISK139
|
|
pay 52.2% more for transportation
|
Victoria
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.76
SCR81.38
|
$8.57
ISK1,179
|
|
| Monthly public transit pass |
$26.57
SCR375.14
|
$66.92
ISK9,198
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$26,466.86
SCR373,696.65
|
$41,660.67
ISK5,726,259
|
|
| Taxi trip in downtown area (5 miles) |
$45.76
SCR646.07
|
$23.30
ISK3,202
|
|
pay 25.6% more for housing
|
Victoria
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$137.77
SCR1,945.24
|
$68.45
ISK9,408
|
|
| 1-Bedroom apartment in downtown area |
$1,117.62
SCR15,780.19
|
$1,864.13
ISK256,225
|
|
| 1-Bedroom apartment outside city center |
$793.40
SCR11,202.32
|
$1,666.20
ISK229,019
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$84.66
SCR1,195.37
|
$64.43
ISK8,856
|
|
pay 9.8% more for childcare
|
Victoria
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$166.06
SCR2,344.60
|
$240.37
ISK33,039
|
|
| Middle school for 1 child, two semesters |
$7,986.24
SCR112,761.09
|
$5,984.07
ISK822,511
|
|
pay 57.1% more for entertainment and sports
|
Victoria
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.06
SCR57.31
|
$10.79
ISK1,483
|
|
| Cappuccino in mid-range area |
$5.02
SCR70.94
|
$5.09
ISK699
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.28
SCR187.57
|
$11.87
ISK1,632
|
|
| Monthly membership at local gym |
$95.18
SCR1,343.87
|
$65.50
ISK9,003
|
|
| Movie ticket to theater/cinema |
$5.54
SCR78.15
|
$14.39
ISK1,978
|
|
pay 86.0% more for clothing
|
Victoria
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$67.83
SCR957.77
|
$103.94
ISK14,287
|
|
|
Regular dress
from H&M or similar store
|
$26.36
SCR372.18
|
$43.50
ISK5,978
|
|
|
Running shoes
Nike or Adidas
|
$72.67
SCR1,025.99
|
$141.47
ISK19,445
|
|
| Men's business shoes (leather) |
$75.65
SCR1,068.13
|
$174.65
ISK24,006
|
|
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