- 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 | - 32% | |||
|---|---|---|---|---|
| Food in New York City (United States) is 32% cheaper than in Reykjavik (Iceland) | ||||
| Basic lunchtime menu (including a drink) in the business district | $12 (1,218 kr) | 2,000 kr | - 39% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | $5.72 (591 kr) | 1,500 kr | - 61% | |
| 500 gr (1 lb.) of boneless chicken breast | $6 (666 kr) | 1,186 kr | - 44% | |
| 1 liter (1 qt.) of whole fat milk | $1.66 (172 kr) | 162 kr | + 6% | |
| 12 eggs, large | $4.42 (456 kr) | 597 kr | - 24% | |
| 1 kg (2 lb.) of tomatoes | $4.88 (503 kr) | 378 kr | + 33% | |
| 500 gr (16 oz.) of local cheese | $4.91 (507 kr) | 706 kr | - 28% | |
| 1 kg (2 lb.) of apples | $3.97 (409 kr) | 309 kr | + 32% | |
| 1 kg (2 lb.) of potatoes | $1.96 (202 kr) | 274 kr | - 26% | |
| 0.5 l (16 oz) domestic beer in the supermarket | $2.49 (257 kr) | 351 kr | - 27% | |
| 1 bottle of red table wine, good quality | $17 (1,742 kr) | 2,500 kr | - 30% | |
| 2 liters of Coca-Cola | $2.25 (232 kr) | 289 kr | - 20% | |
| Bread for 2 people for 1 day | $2.04 (211 kr) | 358 kr | - 41% | |
| Housing | + 29% | |||
| Housing in New York City (United States) is 29% more expensive than in Reykjavik (Iceland) | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | $3,376 (348,439 kr) | 259,298 kr | + 34% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | $2,862 (295,316 kr) | 204,500 kr | + 44% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | $184 (18,954 kr) | 12,869 kr | + 47% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | $2,771 (286,008 kr) | 165,381 kr | + 73% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | $1,945 (200,697 kr) | 127,803 kr | + 57% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | $127 (13,146 kr) | 6,434 kr | + 104% | |
| Internet 8 Mbps (1 month) | $28 (2,840 kr) | 7,603 kr | - 63% | |
| 40” flat screen TV | $437 (45,120 kr) | 114,451 kr | - 61% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | $135 (13,933 kr) | 19,102 kr | - 27% | |
| Laundry detergent (3 l. ~ 100 oz.) | $11 (1,112 kr) | 1,704 kr | - 35% | |
| Hourly rate for cleaning help | $29 (2,954 kr) | 2,906 kr | + 2% | |
| Clothes | - 53% | |||
| Clothes in New York City (United States) is 53% cheaper than in Reykjavik (Iceland) | ||||
| 1 pair of jeans (Levis 501 or similar) | $56 (5,748 kr) | 17,495 kr | - 67% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | $43 (4,437 kr) | 8,732 kr | - 49% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | $89 (9,135 kr) | 21,799 kr | - 58% | |
| 1 pair of men’s leather business shoes | $137 (14,149 kr) | 25,711 kr | - 45% | |
| Transportation | - 34% | |||
| Transportation in New York City (United States) is 34% cheaper than in Reykjavik (Iceland) | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | $21,881 (2,258,078 kr) | 3,400,000 kr | - 34% | |
| 1 liter (1/4 gallon) of gas | $0.70 (73 kr) | 197 kr | - 63% | |
| Monthly ticket public transport | $80 (8,216 kr) | 10,900 kr | - 25% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | $15 (1,586 kr) | 3,263 kr | - 51% | |
| Personal Care | + 19% | |||
| Personal Care in New York City (United States) is 19% more expensive than in Reykjavik (Iceland) | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | $9 (921 kr) | 1,474 kr | - 38% | |
| 1 box of antibiotics (12 doses) | $23 (2,378 kr) | 2,108 kr | + 13% | |
| Short visit to private Doctor (15 minutes) | $167 (17,242 kr) | 4,571 kr | + 277% | |
| 1 box of 32 tampons (Tampax, OB, ...) | $7 (756 kr) | 699 kr | + 8% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | $3.78 (391 kr) | 625 kr | - 37% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | $5.14 (531 kr) | 941 kr | - 44% | |
| 4 rolls of toilet paper | $4.31 (445 kr) | 477 kr | - 7% | |
| Tube of toothpaste | $2.10 (217 kr) | 415 kr | - 48% | |
| Standard men's haircut in expat area of the city | $27 (2,753 kr) | 4,819 kr | - 43% | |
| Entertainment | - 12% | |||
| Entertainment in New York City (United States) is 12% cheaper than in Reykjavik (Iceland) | ||||
| Basic dinner out for two in neighborhood pub | $57 (5,906 kr) | 5,647 kr | + 5% | |
| 2 tickets to the movies | $32 (3,257 kr) | 2,700 kr | + 21% | |
| 2 tickets to the theater (best available seats) | $284 (29,306 kr) | 8,833 kr | + 232% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | $69 (7,100 kr) | 12,000 kr | - 41% | |
| 1 cocktail drink in downtown club | $15 (1,508 kr) | 1,985 kr | - 24% | |
| Cappuccino in expat area of the city | $4.71 (486 kr) | 518 kr | - 6% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | $5.24 (540 kr) | 1,000 kr | - 46% | |
| iPod nano 16GB | $156 (16,071 kr) | 42,792 kr | - 62% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | $0.18 (18 kr) | 20 kr | - 8% | |
| 1 month of gym membership in business district | $107 (11,017 kr) | 7,774 kr | + 42% | |
| 1 package of Marlboro cigarettes | $9 (938 kr) | 1,250 kr | - 25% | |
| TOTAL | - 10% | |||
These prices were last updated on June 24, 2017.
Exchange rate:
103.200
ISK
/
USD
This comparison is based on abundant and consistent data. It is based on 4,772 prices entered by 1,280 different people.
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