Basket Analysis for Reykjavik, Iceland

% of overall
Restaurants 201,274.70 kr 25.50%
Meal, Inexpensive Restaurant 2,945.00 kr x 16.0000000 = 47,120.00 kr 5.97%
Meal for 2 People, Mid-range Restaurant, Three-course 19,500.00 kr x 4.0000000 = 78,000.00 kr 9.88%
McMeal at McDonalds (or Equivalent Combo Meal) 2,500.00 kr x 12.0000000 = 30,000.00 kr 3.80%
Domestic Beer (1 pint draught) 1,500.00 kr x 6.0000000 = 9,000.00 kr 1.14%
Imported Beer (12 oz small bottle) 1,300.00 kr x 6.0000000 = 7,800.00 kr 0.99%
Cappuccino (regular) 736.78 kr x 30.0000000 = 22,103.42 kr 2.80%
Coke/Pepsi (12 oz small bottle) 424.45 kr x 10.0000000 = 4,244.51 kr 0.54%
Water (12 oz small bottle) 300.68 kr x 10.0000000 = 3,006.76 kr 0.38%
Markets 304,484.46 kr 38.58%
Milk (regular), (1 gallon) 874.79 kr x 6.6043000 = 5,777.38 kr 0.73%
Loaf of Fresh White Bread (1 lb) 458.94 kr x 34.1716100 = 15,682.77 kr 1.99%
Rice (white), (1 lb) 193.17 kr x 30.8646800 = 5,962.00 kr 0.76%
Eggs (regular) (12) 807.15 kr x 20.0000000 = 16,143.00 kr 2.05%
Local Cheese (1 lb) 982.43 kr x 26.4554400 = 25,990.56 kr 3.29%
Chicken Fillets (1 lb) 1,286.04 kr x 33.0693000 = 42,528.46 kr 5.39%
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 2,214.11 kr x 33.0693000 = 73,218.95 kr 9.28%
Apples (1 lb) 189.21 kr x 68.3432200 = 12,931.43 kr 1.64%
Banana (1 lb) 140.03 kr x 55.1155000 = 7,717.73 kr 0.98%
Oranges (1 lb) 175.41 kr x 66.1386000 = 11,601.18 kr 1.47%
Tomato (1 lb) 309.29 kr x 48.5016400 = 15,000.86 kr 1.90%
Potato (1 lb) 201.74 kr x 52.9108800 = 10,674.00 kr 1.35%
Onion (1 lb) 132.99 kr x 22.0462000 = 2,931.88 kr 0.37%
Lettuce (1 head) 422.88 kr x 18.0000000 = 7,611.75 kr 0.96%
Water (1.5 liter bottle) 287.08 kr x 30.0000000 = 8,612.50 kr 1.09%
Bottle of Wine (Mid-Range) 3,000.00 kr x 4.0000000 = 12,000.00 kr 1.52%
Domestic Beer (0.5 liter bottle) 443.52 kr x 6.0000000 = 2,661.14 kr 0.34%
Imported Beer (12 oz small bottle) 375.65 kr x 6.0000000 = 2,253.88 kr 0.29%
Cigarettes 20 Pack (Marlboro) 1,679.00 kr x 15.0000000 = 25,185.00 kr 3.19%
Transportation 107,666.78 kr 13.64%
One-way Ticket (Local Transport) 630.00 kr x 20.0000000 = 12,600.00 kr 1.60%
Monthly Pass (Regular Price) 10,400.00 kr x 1.5000000 = 15,600.00 kr 1.98%
Taxi Start (Normal Tariff) 775.00 kr x 5.0000000 = 3,875.00 kr 0.49%
Taxi 1 mile (Normal Tariff) 521.43 kr x 12.4274200 = 6,480.00 kr 0.82%
Taxi 1hour Waiting (Normal Tariff) 10,620.00 kr x 0.7000000 = 7,434.00 kr 0.94%
Gasoline (1 gallon) 1,179.67 kr x 15.8503200 = 18,698.22 kr 2.37%
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 5,945,000.00 kr x 0.0035000 = 20,807.50 kr 2.64%
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 6,334,875.00 kr x 0.0035000 = 22,172.06 kr 2.81%
Utilities (Monthly) 32,958.85 kr 4.18%
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 9,940.72 kr x 1.0000000 = 9,940.72 kr 1.26%
Mobile Phone Monthly Plan with Calls and 10GB+ Data 3,394.76 kr x 4.0000000 = 13,579.05 kr 1.72%
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 9,439.08 kr x 1.0000000 = 9,439.08 kr 1.20%
Sports And Leisure 47,932.26 kr 6.07%
Fitness Club, Monthly Fee for 1 Adult 9,873.81 kr x 2.3000000 = 22,709.76 kr 2.88%
Tennis Court Rent (1 Hour on Weekend) 4,312.50 kr x 3.0000000 = 12,937.50 kr 1.64%
Cinema, International Release, 1 Seat 2,047.50 kr x 6.0000000 = 12,285.00 kr 1.56%
Clothing And Shoes 25,022.82 kr 3.17%
1 Pair of Jeans (Levis 501 Or Similar) 15,679.90 kr x 0.3500000 = 5,487.97 kr 0.70%
1 Summer Dress in a Chain Store (Zara, H&M, ...) 7,368.08 kr x 0.3500000 = 2,578.83 kr 0.33%
1 Pair of Nike Running Shoes (Mid-Range) 21,131.59 kr x 0.3500000 = 7,396.06 kr 0.94%
1 Pair of Men Leather Business Shoes 27,314.21 kr x 0.3500000 = 9,559.97 kr 1.21%
Rent Per Month 38,020.36 kr 4.82%
Apartment (1 bedroom) in City Centre 275,038.46 kr x 0.0300000 = 8,251.15 kr 1.05%
Apartment (1 bedroom) Outside of Centre 251,041.67 kr x 0.0300000 = 7,531.25 kr 0.95%
Apartment (3 bedrooms) in City Centre 394,083.33 kr x 0.0300000 = 11,822.50 kr 1.50%
Apartment (3 bedrooms) Outside of Centre 347,181.82 kr x 0.0300000 = 10,415.45 kr 1.32%
Buy Apartment Price 31,904.40 kr 4.04%
Price per Square Feet to Buy Apartment in City Centre 80,618.52 kr x 0.2152800 = 17,355.56 kr 2.20%
Price per Square Feet to Buy Apartment Outside of Centre 67,581.03 kr x 0.2152800 = 14,548.84 kr 1.84%
Overall 789,264.63 kr 100%
Chart: This diagram represent how much each entry influences our Cost of Living Index Basket.
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Use this tool to calculate allowance or adjustment if relocating to Reykjavik, Iceland. To get more information about prices displayed on this page, please visit Cost of Living in Reykjavik.
  
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