- Cost of Living
- United States
- Iceland
- New York City
- Reykjavik
- Comparison
Cost of living in New York City, United States compared to Reykjavik, Iceland
Currency:
| Food | - 27% | |||
|---|---|---|---|---|
| Food in New York City (United States) is 27% cheaper than in Reykjavik (Iceland) | ||||
| Basic lunchtime menu (including a drink) in the business district | $12 (1,285 kr) | 2,000 kr | - 36% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | $5.72 (623 kr) | 1,500 kr | - 58% | |
| 500 gr (1 lb.) of boneless chicken breast | $6 (672 kr) | 1,186 kr | - 43% | |
| 1 liter (1 qt.) of whole fat milk | $1.66 (181 kr) | 162 kr | + 12% | |
| 12 eggs, large | $4.77 (519 kr) | 597 kr | - 13% | |
| 1 kg (2 lb.) of tomatoes | $5.12 (558 kr) | 378 kr | + 48% | |
| 500 gr (16 oz.) of local cheese | $4.91 (535 kr) | 706 kr | - 24% | |
| 1 kg (2 lb.) of apples | $4.02 (438 kr) | 309 kr | + 41% | |
| 1 kg (2 lb.) of potatoes | $2.24 (244 kr) | 274 kr | - 11% | |
| 0.5 l (16 oz) domestic beer in the supermarket | $2.49 (271 kr) | 351 kr | - 23% | |
| 1 bottle of red table wine, good quality | $16 (1,779 kr) | 2,500 kr | - 29% | |
| 2 liters of Coca-Cola | $2.23 (243 kr) | 291 kr | - 16% | |
| Bread for 2 people for 1 day | $2.04 (223 kr) | 358 kr | - 38% | |
| Housing | + 30% | |||
| Housing in New York City (United States) is 30% more expensive than in Reykjavik (Iceland) | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | $3,376 (367,718 kr) | 259,298 kr | + 42% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | $2,779 (302,647 kr) | 204,500 kr | + 48% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | $160 (17,372 kr) | 12,869 kr | + 35% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | $2,866 (312,156 kr) | 165,381 kr | + 89% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | $1,932 (210,369 kr) | 127,803 kr | + 65% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | $120 (13,053 kr) | 6,434 kr | + 103% | |
| Internet 8 Mbps (1 month) | $28 (2,997 kr) | 7,603 kr | - 61% | |
| 40” flat screen TV | $396 (43,148 kr) | 101,073 kr | - 57% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | $150 (16,351 kr) | 19,329 kr | - 15% | |
| Laundry detergent (3 l. ~ 100 oz.) | $12 (1,310 kr) | 2,028 kr | - 35% | |
| Hourly rate for cleaning help | $23 (2,529 kr) | 3,522 kr | - 28% | |
| Clothes | - 51% | |||
| Clothes in New York City (United States) is 51% cheaper than in Reykjavik (Iceland) | ||||
| 1 pair of jeans (Levis 501 or similar) | $57 (6,179 kr) | 17,495 kr | - 65% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | $43 (4,694 kr) | 8,732 kr | - 46% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | $89 (9,740 kr) | 21,799 kr | - 55% | |
| 1 pair of men’s leather business shoes | $141 (15,332 kr) | 25,711 kr | - 40% | |
| Transportation | - 26% | |||
| Transportation in New York City (United States) is 26% cheaper than in Reykjavik (Iceland) | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | $22,927 (2,497,023 kr) | 3,400,000 kr | - 27% | |
| 1 liter (1/4 gallon) of gas | $0.70 (77 kr) | 197 kr | - 61% | |
| Monthly ticket public transport | $80 (8,670 kr) | 10,900 kr | - 20% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | $26 (2,877 kr) | 3,309 kr | - 13% | |
| Personal Care | + 10% | |||
| Personal Care in New York City (United States) is 10% more expensive than in Reykjavik (Iceland) | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | $7 (784 kr) | 1,404 kr | - 44% | |
| 1 box of antibiotics (12 doses) | $13 (1,449 kr) | 1,851 kr | - 22% | |
| Short visit to private Doctor (15 minutes) | $145 (15,758 kr) | 4,094 kr | + 285% | |
| 1 box of 32 tampons (Tampax, OB, ...) | $9 (926 kr) | 678 kr | + 37% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | $3.67 (399 kr) | 646 kr | - 38% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | $7 (784 kr) | 1,113 kr | - 30% | |
| 4 rolls of toilet paper | $3.62 (395 kr) | 524 kr | - 25% | |
| Tube of toothpaste | $2.15 (234 kr) | 393 kr | - 40% | |
| Standard men's haircut in expat area of the city | $26 (2,884 kr) | 5,555 kr | - 48% | |
| Entertainment | - 9% | |||
| Entertainment in New York City (United States) is 9% cheaper than in Reykjavik (Iceland) | ||||
| Basic dinner out for two in neighborhood pub | $55 (5,948 kr) | 7,087 kr | - 16% | |
| 2 tickets to the movies | $32 (3,468 kr) | 2,700 kr | + 28% | |
| 2 tickets to the theater (best available seats) | $328 (35,680 kr) | 12,004 kr | + 197% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | $69 (7,493 kr) | 12,000 kr | - 38% | |
| 1 cocktail drink in downtown club | $16 (1,719 kr) | 2,533 kr | - 32% | |
| Cappuccino in expat area of the city | $4.91 (534 kr) | 518 kr | + 3% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | $5.24 (570 kr) | 1,000 kr | - 43% | |
| iPad Wi-Fi 128GB | $444 (48,355 kr) | 87,572 kr | - 45% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | $0.18 (19 kr) | 20 kr | - 3% | |
| 1 month of gym membership in business district | $97 (10,569 kr) | 7,774 kr | + 36% | |
| 1 package of Marlboro cigarettes | $9 (990 kr) | 1,250 kr | - 21% | |
| TOTAL | - 8% | |||
These prices were last updated on September 18, 2018.
Exchange rate:
108.910
ISK
/
USD
This comparison is based on abundant and consistent data. It is based on 5,664 prices entered by 1,246 different people.
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