Cost of living in Boras is 44% lower than in Reykjavik (without rent).
Rent in Boras is 65% cheaper than in Reykjavik.
Cost of living including rent in Boras is 57% lower than in Reykjavik.
Food in Boras is 46% cheaper than in Reykjavik.
Transport in Boras is 21% cheaper than in Reykjavik.
| Boras | Reykjavik | |
|---|---|---|
| Cost of Living, including rent | ||
| Without Rent | ||
| Rent & Utilities | ||
| Food | ||
| Transport | ||
| Monthly Salary, after tax | ||
| Quality of Life | ||
| Population |
| Boras | Reykjavik | |
|---|---|---|
Restaurants |
||
| Lunch menu, inexpensive restaurant |
9.39 $ | 22 $ |
| Dinner, for 2 | 63.5 $ | 125 $ |
| Fast food, McDonalds or KFC | 8.08 $ | 18.5 $ |
| Beer, 0.5 L or 16 fl oz | 7.31 $ | 11.1 $ |
| Capuccino | 3.95 $ | 5.35 $ |
| Coke, 330ml | 1.5 $ | 3.27 $ |
Markets |
Milk, 1 L or 1 qt | 1.4 $ | 1.72 $ |
| Bread, 0.5 kg or 1 lb | 1.88 $ | 3.66 $ |
| Rice, 1 kg or 2 lb | 2.29 $ | 3.25 $ |
| Eggs, 12 pack | 3.43 $ | 5.9 $ |
| Cheese, 1 kg or 2 lb | 11.1 $ | 16 $ |
| Chicken Breast, 1 kg or 2 lb | 9.89 $ | 21.4 $ |
| Round Steak, 1 kg or 2 lb | 18.2 $ | 37.6 $ |
| Apples, 1 kg or 2 lb | 2.4 $ | 3.07 $ |
| Banana, 1 kg or 2 lb | 2.47 $ | 2.29 $ |
| Oranges, 1 kg or 2 lb | 2.5 $ | 2.72 $ |
| Potatoes, 1 kg or 2 lb | 1.39 $ | 3.21 $ |
| Onions, 1 kg or 2 lb | 1.47 $ | 2.16 $ |
| Water, 1 L or 1 qt | 0.97 $ | 1.37 $ |
| Coca-Cola / Pepsi, 2 L or 67.6 fl oz | 2.18 $ | 2.74 $ |
| Wine, 750 mL bottle | 9.56 $ | 22 $ |
| Beer, 0.5 L or 16 fl oz | 1.97 $ | 3.27 $ |
| Cigarette pack | 7.32 $ | 12.2 $ |
Transport |
||
| Local transport ticket, One-way Ticket | 3.29 $ | 4.63 $ |
| Monthly pass, Monthly Ticket | 67.1 $ | 77.2 $ |
| Gas or petrol, 1 L or 0.26 gal | 1.75 $ | 2.29 $ |
| Taxi, 8 km | 21 $ | 24.8 $ |
Personal Care |
||
| Doctor visit, private clinic | 19.9 $ | 84.7 $ |
| Cold medicine, for 1 week | 7.34 $ | 11.6 $ |
| Hair shampoo, 400 ml or 12 oz | 3.19 $ | 5.36 $ |
| Toilet paper, 4 rolls | 2.45 $ | 4.68 $ |
| Toothpaste, 1 tube | 2.05 $ | 3.32 $ |
Utilities per Month |
||
| Utility bill - 1 person, electricity, heating, water & garbage |
58.8 $ | 44.2 $ |
| Utility bill - family, electricity, heating, water & garbage |
91.4 $ | 68.4 $ |
| Internet plan, +60 Mbps |
25.9 $ | 74.1 $ |
Rent per Month |
||
| 1 Bedroom Apartment, outside of center, 40 sq.m | 509 $ | 1,626 $ |
| 3 Bedroom Apartment, outside of center, 85 sq.m | 758 $ | 2,552 $ |
| 1 Bedroom Apartment, in city center, 40 sq.m | 659 $ | 1,809 $ |
| 3 Bedroom Apartment, in city center, 85 sq.m | 842 $ | 2,822 $ |
Buy Apartment Price |
||
| Price per Square Meter to Buy Apartment, in city center | 3,230 $ | 6,498 $ |
| Price per Square Meter to Buy House, in suburbs | 2,189 $ | 5,311 $ |
Salaries and Financing |
||
| Average Monthly Net Salary, after tax | 2,263 $ | 3,918 $ |
| Mortgage Interest Rate, for 20 years fixed-rate | 4.76 % | 8.55 % |
Sports and Leisure |
||
| Fitness Club, Monthly Fee for 1 Adult | 32.3 $ | 71.8 $ |
| Cinema, 1 seat | 15.5 $ | 15.1 $ |
| Haircut | 20 $ | 47.4 $ |
Clothing and Shoes |
||
| Brand Sneakers, mid-range, Nike or similar | 90.9 $ | 155 $ |
| Brand Jeans, Levis 501 | 91.3 $ | 112 $ |
Childcare |
||
| Preschool, full day, monthly for 1 child | 146 $ | 254 $ |
| International Primary School, yearly for 1 child | 1,466 $ | 6,167 $ |