- Cost of Living
- United States
- Iceland
- New York City
- Reykjavik
- Comparison
Cost of living in New York City, United States vs Reykjavik, Iceland
Currency:
| Food | - 14% | |||
|---|---|---|---|---|
| Food in New York City (United States) is 14% cheaper than in Reykjavik (Iceland) | ||||
| Basic lunchtime menu (including a drink) in the business district | $16 (1,995 kr) | 2,631 kr | - 24% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | $9 (1,101 kr) | 1,757 kr | - 37% | |
| 500 gr (1 lb.) of boneless chicken breast | $6 (778 kr) | 1,138 kr | - 32% | |
| 1 liter (1 qt.) of whole fat milk | $1.13 (139 kr) | 161 kr | - 14% | |
| 12 eggs, large | $4.78 (590 kr) | 797 kr | - 26% | |
| 1 kg (2 lb.) of tomatoes | $5.27 (652 kr) | 471 kr | + 38% | |
| 500 gr (16 oz.) of local cheese | $8 (1,034 kr) | 1,147 kr | - 10% | |
| 1 kg (2 lb.) of apples | $4.08 (504 kr) | 437 kr | + 15% | |
| 1 kg (2 lb.) of potatoes | $2.35 (290 kr) | 353 kr | - 18% | |
| 0.5 l (16 oz) domestic beer in the supermarket | $4.41 (545 kr) | 393 kr | + 39% | |
| 1 bottle of red table wine, good quality | $16 (2,026 kr) | 2,917 kr | - 31% | |
| 2 liters of Coca-Cola | $2.23 (276 kr) | 290 kr | - 5% | |
| Bread for 2 people for 1 day | $2.60 (321 kr) | 331 kr | - 3% | |
| Housing | + 47% | |||
| Housing in New York City (United States) is 47% more expensive than in Reykjavik (Iceland) | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | $3,616 (446,746 kr) | 260,225 kr | + 72% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | $2,884 (356,319 kr) | 241,367 kr | + 48% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | $167 (20,648 kr) | 12,235 kr | + 69% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | $2,959 (365,633 kr) | 210,487 kr | + 74% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | $1,991 (246,040 kr) | 162,053 kr | + 52% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | $124 (15,336 kr) | 8,482 kr | + 81% | |
| Internet 8 Mbps (1 month) | $50 (6,168 kr) | 6,141 kr | + 0% | |
| 40” flat screen TV | $384 (47,439 kr) | 101,073 kr | - 53% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | $157 (19,373 kr) | 19,329 kr | + 0% | |
| Laundry detergent (3 l. ~ 100 oz.) | $12 (1,490 kr) | 2,028 kr | - 27% | |
| Hourly rate for cleaning help | $23 (2,859 kr) | 3,522 kr | - 19% | |
| Clothes | - 45% | |||
| Clothes in New York City (United States) is 45% cheaper than in Reykjavik (Iceland) | ||||
| 1 pair of jeans (Levis 501 or similar) | $56 (6,919 kr) | 15,639 kr | - 56% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | $44 (5,382 kr) | 9,525 kr | - 43% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | $90 (11,108 kr) | 20,403 kr | - 46% | |
| 1 pair of men’s leather business shoes | $137 (16,984 kr) | 26,309 kr | - 35% | |
| Transportation | + 6% | |||
| Transportation in New York City (United States) is 6% more expensive than in Reykjavik (Iceland) | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | $22,888 (2,827,825 kr) | 3,426,470 kr | - 17% | |
| 1 liter (1/4 gallon) of gas | $0.83 (102 kr) | 216 kr | - 53% | |
| Monthly ticket public transport | $121 (14,923 kr) | 11,490 kr | + 30% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | $22 (2,733 kr) | 3,309 kr | - 17% | |
| Personal Care | + 18% | |||
| Personal Care in New York City (United States) is 18% more expensive than in Reykjavik (Iceland) | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | $7 (891 kr) | 1,404 kr | - 37% | |
| 1 box of antibiotics (12 doses) | $14 (1,773 kr) | 1,851 kr | - 4% | |
| Short visit to private Doctor (15 minutes) | $142 (17,508 kr) | 4,094 kr | + 328% | |
| 1 box of 32 tampons (Tampax, OB, ...) | $8 (1,006 kr) | 678 kr | + 48% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | $3.55 (439 kr) | 646 kr | - 32% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | $7 (874 kr) | 1,036 kr | - 16% | |
| 4 rolls of toilet paper | $3.64 (450 kr) | 477 kr | - 6% | |
| Tube of toothpaste | $2.08 (257 kr) | 393 kr | - 34% | |
| Standard men's haircut in expat area of the city | $28 (3,423 kr) | 5,555 kr | - 38% | |
| Entertainment | + 20% | |||
| Entertainment in New York City (United States) is 20% more expensive than in Reykjavik (Iceland) | ||||
| Basic dinner out for two in neighborhood pub | $54 (6,695 kr) | 6,650 kr | + 1% | |
| 2 tickets to the movies | $32 (3,967 kr) | 3,094 kr | + 28% | |
| 2 tickets to the theater (best available seats) | $344 (42,532 kr) | 12,118 kr | + 251% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | $119 (14,693 kr) | 9,252 kr | + 59% | |
| 1 cocktail drink in downtown club | $16 (1,935 kr) | 2,428 kr | - 20% | |
| Cappuccino in expat area of the city | $4.91 (607 kr) | 655 kr | - 7% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | $8 (933 kr) | 1,090 kr | - 14% | |
| iPad Wi-Fi 128GB | $436 (53,851 kr) | 84,869 kr | - 37% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | $0.15 (18 kr) | 20 kr | - 8% | |
| 1 month of gym membership in business district | $104 (12,814 kr) | 8,232 kr | + 56% | |
| 1 package of Marlboro cigarettes | $14 (1,712 kr) | 1,454 kr | + 18% | |
| TOTAL | + 13% | |||
These prices were last updated on December 12, 2018.
Exchange rate:
123.550
ISK
/
USD
This comparison is based on abundant and consistent data. It is based on 5,852 prices entered by 1,135 different people.
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