Cost of living in Baerum is 17% lower than in Keflavik (without rent).
Rent in Baerum is 3% cheaper than in Keflavik.
Cost of living including rent in Baerum is 10% lower than in Keflavik.
Food in Baerum is 15% cheaper than in Keflavik.
Transport in Baerum is 12% cheaper than in Keflavik.
| Baerum | Keflavik | |
|---|---|---|
| Cost of Living, including rent | ||
| Without Rent | ||
| Rent & Utilities | ||
| Food | ||
| Transport | ||
| Monthly Salary, after tax | ||
| Quality of Life | ||
| Population |
| Baerum | Keflavik | |
|---|---|---|
Restaurants |
||
| Lunch menu, inexpensive restaurant |
17.7 $ | 22.4 $ |
| Dinner, for 2 | 76 $ | 126 $ |
| Fast food, McDonalds or KFC | 12.4 $ | 15.6 $ |
| Beer, 0.5 L or 16 fl oz | 8.48 $ | 7.79 $ |
| Capuccino | 4.59 $ | 3.65 $ |
| Coke, 330ml | 2.33 $ | 2.98 $ |
Markets |
Milk, 1 L or 1 qt | 2.14 $ | 1.72 $ |
| Bread, 0.5 kg or 1 lb | 3.3 $ | 3.69 $ |
| Rice, 1 kg or 2 lb | 3.05 $ | 2.58 $ |
| Eggs, 12 pack | 4.66 $ | 5.53 $ |
| Cheese, 1 kg or 2 lb | 11.8 $ | 15.9 $ |
| Chicken Breast, 1 kg or 2 lb | 14.8 $ | 19.5 $ |
| Round Steak, 1 kg or 2 lb | 31.4 $ | 29.8 $ |
| Apples, 1 kg or 2 lb | 3.39 $ | 2.06 $ |
| Banana, 1 kg or 2 lb | 2.21 $ | 2.06 $ |
| Oranges, 1 kg or 2 lb | 3.24 $ | 2.22 $ |
| Potatoes, 1 kg or 2 lb | 2.49 $ | 2.45 $ |
| Onions, 1 kg or 2 lb | 2.44 $ | 1.36 $ |
| Water, 1 L or 1 qt | 1.16 $ | 1.38 $ |
| Coca-Cola / Pepsi, 2 L or 67.6 fl oz | 3.28 $ | 2.74 $ |
| Wine, 750 mL bottle | 17.1 $ | 14.7 $ |
| Beer, 0.5 L or 16 fl oz | 3.24 $ | 3.22 $ |
| Cigarette pack | 13.3 $ | 11 $ |
Transport |
||
| Local transport ticket, One-way Ticket | 3.44 $ | 4.42 $ |
| Monthly pass, Monthly Ticket | 76.2 $ | 82 $ |
| Gas or petrol, 1 L or 0.26 gal | 2.02 $ | 2.27 $ |
| Taxi, 8 km | 21.4 $ | 24.9 $ |
Personal Care |
||
| Doctor visit, private clinic | 60.7 $ | 84.1 $ |
| Cold medicine, for 1 week | 6.35 $ | 11.6 $ |
| Hair shampoo, 400 ml or 12 oz | 4.33 $ | 5.3 $ |
| Toilet paper, 4 rolls | 2.6 $ | 4.68 $ |
| Toothpaste, 1 tube | 2.61 $ | 3.31 $ |
Utilities per Month |
||
| Utility bill - 1 person, electricity, heating, water & garbage |
148 $ | 25.7 $ |
| Utility bill - family, electricity, heating, water & garbage |
228 $ | 39.4 $ |
| Internet plan, +60 Mbps |
53.7 $ | 66.9 $ |
Rent per Month |
||
| 1 Bedroom Apartment, outside of center, 40 sq.m | 761 $ | 880 $ |
| 3 Bedroom Apartment, outside of center, 85 sq.m | 1,521 $ | 1,380 $ |
| 1 Bedroom Apartment, in city center, 40 sq.m | 1,015 $ | 1,242 $ |
| 3 Bedroom Apartment, in city center, 85 sq.m | 2,001 $ | 1,796 $ |
Buy Apartment Price |
||
| Price per Square Meter to Buy Apartment, in city center | 7,158 $ | 2,868 $ |
| Price per Square Meter to Buy House, in suburbs | 5,461 $ | 2,055 $ |
Salaries and Financing |
||
| Average Monthly Net Salary, after tax | 4,807 $ | 3,293 $ |
| Mortgage Interest Rate, for 20 years fixed-rate | 4.32 % | 5.34 % |
Sports and Leisure |
||
| Fitness Club, Monthly Fee for 1 Adult | 42.7 $ | 59.1 $ |
| Cinema, 1 seat | 14.3 $ | 13.6 $ |
| Haircut | 34.2 $ | 47.5 $ |
Clothing and Shoes |
||
| Brand Sneakers, mid-range, Nike or similar | 102 $ | 156 $ |
| Brand Jeans, Levis 501 | 92 $ | 112 $ |
Childcare |
||
| Preschool, full day, monthly for 1 child | 274 $ | 251 $ |
| International Primary School, yearly for 1 child | 7,522 $ | 6,190 $ |