Cost of Living Comparison Between Reykjavik and Washington, DC 

Indices DifferenceInfo
Consumer Prices in Washington, DC are 2.3% lower than in Reykjavik (without rent)
Consumer Prices Including Rent in Washington, DC are 17.2% higher than in Reykjavik
Rent Prices in Washington, DC are 59.2% higher than in Reykjavik
Restaurant Prices in Washington, DC are 4.8% lower than in Reykjavik
Groceries Prices in Washington, DC are 8.0% lower than in Reykjavik
Local Purchasing Power in Washington, DC is 40.1% higher than in Reykjavik
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Reykjavik Edit Washington, DC Edit Difference
Meal, Inexpensive Restaurant 2,945.00 kr
(21.09 $)
3,491.00 kr
(25.00 $)
     +18.5 %
Meal for 2 People, Mid-range Restaurant, Three-course 17,000.00 kr
(121.74 $)
13,964.00 kr
(100.00 $)
     -17.9 %
McMeal at McDonalds (or Equivalent Combo Meal) 2,350.00 kr
(16.83 $)
1,675.68 kr
(12.00 $)
     -28.7 %
Domestic Beer (1 pint draught) 1,500.00 kr
(10.74 $)
1,117.12 kr
(8.00 $)
     -25.5 %
Imported Beer (12 oz small bottle) 1,250.00 kr
(8.95 $)
1,256.76 kr
(9.00 $)
     +0.5 %
Cappuccino (regular) 711.14 kr
(5.09 $)
765.67 kr
(5.48 $)
     +7.7 %
Coke/Pepsi (12 oz small bottle) 399.48 kr
(2.86 $)
346.56 kr
(2.48 $)
     -13.2 %
Water (12 oz small bottle) 288.01 kr
(2.06 $)
314.61 kr
(2.25 $)
     +9.2 %
Markets
Reykjavik Edit Washington, DC Edit
Milk (regular), (1 gallon) 856.52 kr
(6.13 $)
595.65 kr
(4.27 $)
     -30.5 %
Loaf of Fresh White Bread (1 lb) 464.58 kr
(3.33 $)
491.80 kr
(3.52 $)
     +5.9 %
Rice (white), (1 lb) 207.81 kr
(1.49 $)
323.67 kr
(2.32 $)
     +55.8 %
Eggs (regular) (12) 821.68 kr
(5.88 $)
566.94 kr
(4.06 $)
     -31.0 %
Local Cheese (1 lb) 965.37 kr
(6.91 $)
893.96 kr
(6.40 $)
     -7.4 %
Chicken Fillets (1 lb) 1,233.09 kr
(8.83 $)
801.25 kr
(5.74 $)
     -35.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 1,982.11 kr
(14.19 $)
1,112.36 kr
(7.97 $)
     -43.9 %
Apples (1 lb) 212.21 kr
(1.52 $)
327.00 kr
(2.34 $)
     +54.1 %
Banana (1 lb) 134.68 kr
(0.96 $)
128.98 kr
(0.92 $)
     -4.2 %
Oranges (1 lb) 175.06 kr
(1.25 $)
318.73 kr
(2.28 $)
     +82.1 %
Tomato (1 lb) 309.60 kr
(2.22 $)
357.48 kr
(2.56 $)
     +15.5 %
Potato (1 lb) 196.68 kr
(1.41 $)
219.10 kr
(1.57 $)
     +11.4 %
Onion (1 lb) 140.44 kr
(1.01 $)
215.38 kr
(1.54 $)
     +53.4 %
Lettuce (1 head) 439.56 kr
(3.15 $)
390.45 kr
(2.80 $)
     -11.2 %
Water (1.5 liter bottle) 281.00 kr
(2.01 $)
372.19 kr
(2.67 $)
     +32.5 %
Bottle of Wine (Mid-Range) 2,749.50 kr
(19.69 $)
2,234.24 kr
(16.00 $)
     -18.7 %
Domestic Beer (0.5 liter bottle) 434.15 kr
(3.11 $)
321.12 kr
(2.30 $)
     -26.0 %
Imported Beer (12 oz small bottle) 355.89 kr
(2.55 $)
646.88 kr
(4.63 $)
     +81.8 %
Cigarettes 20 Pack (Marlboro) 1,650.00 kr
(11.82 $)
1,690.34 kr
(12.11 $)
     +2.4 %
Transportation
Reykjavik Edit Washington, DC Edit
One-way Ticket (Local Transport) 570.00 kr
(4.08 $)
349.10 kr
(2.50 $)
     -38.8 %
Monthly Pass (Regular Price) 9,300.00 kr
(66.60 $)
11,171.20 kr
(80.00 $)
     +20.1 %
Taxi Start (Normal Tariff) 730.00 kr
(5.23 $)
488.74 kr
(3.50 $)
     -33.0 %
Taxi 1 mile (Normal Tariff) 504.53 kr
(3.61 $)
490.53 kr
(3.51 $)
     -2.8 %
Taxi 1hour Waiting (Normal Tariff) 9,630.00 kr
(68.96 $)
4,189.20 kr
(30.00 $)
     -56.5 %
Gasoline (1 gallon) 1,194.08 kr
(8.55 $)
507.65 kr
(3.64 $)
     -57.5 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 5,790,000.00 kr
(41,463.76 $)
4,985,111.69 kr
(35,699.74 $)
     -13.9 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 6,031,000.00 kr
(43,189.63 $)
3,669,149.92 kr
(26,275.78 $)
     -39.2 %
Utilities (Monthly)
Reykjavik Edit Washington, DC Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 11,713.52 kr
(83.88 $)
23,947.92 kr
(171.50 $)
     +104.4 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 3,254.67 kr
(23.31 $)
8,214.12 kr
(58.82 $)
     +152.4 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 9,521.79 kr
(68.19 $)
8,877.38 kr
(63.57 $)
     -6.8 %
Sports And Leisure
Reykjavik Edit Washington, DC Edit
Fitness Club, Monthly Fee for 1 Adult 9,103.59 kr
(65.19 $)
14,562.46 kr
(104.29 $)
     +60.0 %
Tennis Court Rent (1 Hour on Weekend) 4,014.29 kr
(28.75 $)
4,359.10 kr
(31.22 $)
     +8.6 %
Cinema, International Release, 1 Seat 2,000.00 kr
(14.32 $)
2,329.20 kr
(16.68 $)
     +16.5 %
Childcare
Reykjavik Edit Washington, DC Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 33,406.33 kr
(239.23 $)
324,882.43 kr
(2,326.57 $)
     +872.5 %
International Primary School, Yearly for 1 Child 831,666.67 kr
(5,955.79 $)
7,121,640.00 kr
(51,000.00 $)
     +756.3 %
Clothing And Shoes
Reykjavik Edit Washington, DC Edit
1 Pair of Jeans (Levis 501 Or Similar) 14,445.76 kr
(103.45 $)
10,251.17 kr
(73.41 $)
     -29.0 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 6,045.00 kr
(43.29 $)
7,115.71 kr
(50.96 $)
     +17.7 %
1 Pair of Nike Running Shoes (Mid-Range) 19,661.90 kr
(140.80 $)
16,188.47 kr
(115.93 $)
     -17.7 %
1 Pair of Men Leather Business Shoes 24,273.12 kr
(173.83 $)
24,225.17 kr
(173.48 $)
     -0.2 %
Rent Per Month
Reykjavik Edit Washington, DC Edit
Apartment (1 bedroom) in City Centre 259,077.12 kr
(1,855.32 $)
351,797.59 kr
(2,519.32 $)
     +35.8 %
Apartment (1 bedroom) Outside of Centre 231,559.74 kr
(1,658.26 $)
287,417.91 kr
(2,058.28 $)
     +24.1 %
Apartment (3 bedrooms) in City Centre 375,965.52 kr
(2,692.39 $)
748,543.89 kr
(5,360.53 $)
     +99.1 %
Apartment (3 bedrooms) Outside of Centre 334,230.77 kr
(2,393.52 $)
524,266.06 kr
(3,754.41 $)
     +56.9 %
Buy Apartment Price
Reykjavik Edit Washington, DC Edit
Price per Square Feet to Buy Apartment in City Centre 81,846.89 kr
(586.13 $)
127,189.45 kr
(910.84 $)
     +55.4 %
Price per Square Feet to Buy Apartment Outside of Centre 64,681.33 kr
(463.20 $)
87,396.29 kr
(625.87 $)
     +35.1 %
Salaries And Financing
Reykjavik Edit Washington, DC Edit
Average Monthly Net Salary (After Tax) 513,380.43 kr
(3,676.46 $)
842,511.18 kr
(6,033.45 $)
     +64.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.14 6.55      -19.5 %
Last update: April 2024May 2024
Contributors in the past 12 months:162137