Cost of living comparison
Reykjavik is 2.1% cheaper than Virgin Islands overall.
- Restaurants
-
pay 20.2% more in Reykjavik
- Groceries
-
pay 35.7% less in Reykjavik
- Transportation
-
pay 4.9% less in Reykjavik
- Housing
-
pay 16.7% less in Reykjavik
- Childcare
-
pay 68.8% less in Reykjavik
- Entertainment and Sports
-
pay 45.0% more in Reykjavik
- Clothing
-
pay 46.2% more in Reykjavik
The cost of clothing, entertainment and sports, and restaurants in Reykjavik are more expensive than in Virgin Islands. Expenses including childcare, groceries, housing, and transportation are lower in Reykjavik.
If you lived in Reykjavik instead of Virgin Islands, you would:
pay 20.2% more for restaurants
|
Virgin Islands
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$24.00
|
$20.00
ISK2,689
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.18
|
$18.02
ISK2,423
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.02
|
$3.15
ISK424
|
|
| Bottle of water (11 fl. oz) |
$2.26
|
$2.19
ISK294
|
|
pay 35.7% less for groceries
|
Virgin Islands
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$6.40
|
$3.61
ISK485
|
|
| Local cheese (8 oz) |
$7.98
|
$7.76
ISK1,043
|
|
| Milk (1 gallon) |
$10.27
|
$6.40
ISK861
|
|
|
Eggs
1 dozen
|
$6.80
|
$5.76
ISK774
|
|
| Boneless chicken breast (1 lb) |
$11.70
|
$9.45
ISK1,270
|
|
| Apples (1 lb) |
$3.78
|
$1.40
ISK189
|
|
| Bananas (1 lb) |
$2.30
|
$1.01
ISK136
|
|
| Oranges (1 lb) |
$2.98
|
$1.22
ISK164
|
|
| Tomatoes (1 lb) |
$4.63
|
$2.22
ISK299
|
|
| Potatoes (1 lb) |
$1.21
|
$1.43
ISK193
|
|
| Onions (1 lb) |
$2.47
|
$0.93
ISK126
|
|
pay 4.9% less for transportation
|
Virgin Islands
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.33
|
$8.50
ISK1,143
|
|
| Monthly public transit pass |
$100.00
|
$74.95
ISK10,078
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,333.33
|
$42,450.45
ISK5,707,888
|
|
| Taxi trip in downtown area (5 miles) |
$52.43
|
$24.05
ISK3,234
|
|
pay 16.7% less for housing
|
Virgin Islands
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$96.50
|
$69.87
ISK9,394
|
|
| 1-Bedroom apartment in downtown area |
$1,781.25
|
$1,971.17
ISK265,044
|
|
| 1-Bedroom apartment outside city center |
$1,389.90
|
$1,803.44
ISK242,491
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$266.22
|
$53.95
ISK7,255
|
|
pay 68.8% less for childcare
|
Virgin Islands
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$991.67
|
$252.14
ISK33,903
|
|
| Middle school for 1 child, two semesters |
$16,200.00
|
$5,993.99
ISK805,952
|
|
pay 45.0% more for entertainment and sports
|
Virgin Islands
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.70
|
$10.81
ISK1,454
|
|
| Cappuccino in mid-range area |
$6.43
|
$5.31
ISK713
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.50
|
$12.25
ISK1,646
|
|
| Monthly membership at local gym |
$109.33
|
$69.95
ISK9,405
|
|
| Movie ticket to theater/cinema |
$12.67
|
$14.77
ISK1,987
|
|
pay 46.2% more for clothing
|
Virgin Islands
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$78.12
|
$108.97
ISK14,652
|
|
|
Regular dress
from H&M or similar store
|
$62.38
|
$49.72
ISK6,685
|
|
|
Running shoes
Nike or Adidas
|
$98.75
|
$151.85
ISK20,418
|
|
| Men's business shoes (leather) |
$91.67
|
$194.16
ISK26,106
|
|
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