Cost of Living in Irvine vs Reykjavik

Cost of living in Irvine is 22% lower than in Reykjavik (without rent).

Rent in Irvine is 20% more expensive than in Reykjavik.

Cost of living including rent in Irvine is 4% higher than in Reykjavik.

Food in Irvine is 28% cheaper than in Reykjavik.

Transport in Irvine is 27% more expensive than in Reykjavik.

Irvine vs. Reykjavik Comparision

Irvine Reykjavik
Cost of Living, including rent
3,034 $
2,915 $
Without Rent
888 $
1,134 $
Rent & Utilities
2,146 $
1,781 $
Food
602 $
832 $
Transport
113 $
89 $
Monthly Salary, after tax
6,255 $
3,918 $
Quality of Life
92
89
Population
308.0K
140.0K

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Irvine Reykjavik

Restaurants

Lunch menu,
inexpensive restaurant
17.9 $ 22 $
Dinner, for 2 79.9 $ 125 $
Fast food, McDonalds or KFC 9.91 $ 18.5 $
Beer, 0.5 L or 16 fl oz 8.07 $ 11.1 $
Capuccino 5.34 $ 5.35 $
Coke, 330ml 2.63 $ 3.27 $

Markets

Milk, 1 L or 1 qt 1.17 $ 1.72 $
Bread, 0.5 kg or 1 lb 3.48 $ 3.66 $
Rice, 1 kg or 2 lb 3.46 $ 3.25 $
Eggs, 12 pack 3.98 $ 5.9 $
Cheese, 1 kg or 2 lb 12.5 $ 16 $
Chicken Breast, 1 kg or 2 lb 11.4 $ 21.4 $
Round Steak, 1 kg or 2 lb 14.1 $ 37.6 $
Apples, 1 kg or 2 lb 4.65 $ 3.07 $
Banana, 1 kg or 2 lb 1.7 $ 2.29 $
Oranges, 1 kg or 2 lb 3.79 $ 2.72 $
Potatoes, 1 kg or 2 lb 2.5 $ 3.21 $
Onions, 1 kg or 2 lb 2.35 $ 2.16 $
Water, 1 L or 1 qt 1.32 $ 1.37 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 1.99 $ 2.74 $
Wine, 750 mL bottle 15.4 $ 22 $
Beer, 0.5 L or 16 fl oz 2.04 $ 3.27 $
Cigarette pack 9.53 $ 12.2 $

Transport

Local transport ticket, One-way Ticket 2.01 $ 4.63 $
Monthly pass, Monthly Ticket 74.5 $ 77.2 $
Gas or petrol, 1 L or 0.26 gal 1.34 $ 2.29 $
Taxi, 8 km 23.8 $ 24.8 $

Personal Care

Doctor visit, private clinic 123 $ 84.7 $
Cold medicine, for 1 week 8.07 $ 11.6 $
Hair shampoo, 400 ml or 12 oz 5.97 $ 5.36 $
Toilet paper, 4 rolls 4.65 $ 4.68 $
Toothpaste, 1 tube 2.18 $ 3.32 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
111 $ 44.2 $
Utility bill - family,
electricity, heating, water & garbage
170 $ 68.4 $
Internet plan,
+60 Mbps
60.3 $ 74.1 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 1,925 $ 1,626 $
3 Bedroom Apartment, outside of center, 85 sq.m 3,470 $ 2,552 $
1 Bedroom Apartment, in city center, 40 sq.m 2,175 $ 1,809 $
3 Bedroom Apartment, in city center, 85 sq.m 4,147 $ 2,822 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 8,178 $ 6,498 $
Price per Square Meter to Buy House, in suburbs 8,062 $ 5,311 $

Salaries and Financing

Average Monthly Net Salary, after tax 6,255 $ 3,918 $
Mortgage Interest Rate, for 20 years fixed-rate 6.51 % 8.55 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 73.4 $ 71.8 $
Cinema, 1 seat 16.6 $ 15.1 $
Haircut 21.6 $ 47.4 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 87.7 $ 155 $
Brand Jeans, Levis 501 53.4 $ 112 $

Childcare

Preschool, full day, monthly for 1 child 1,798 $ 254 $
International Primary School, yearly for 1 child 26,352 $ 6,167 $