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Insurer of the
Year 2017-21

prices shown in
Caracas vs Reykjavik
Car vs Rkv

Average net salary (After tax)

Reykjavik
Caracas

Housing

  • Rent apartment
  • Buy apartment

Rent 1 bedroom apartment

Cost per month

In city centre
Rkv
Car
Outside city centre
Rkv
Car

Rent 3 bedroom apartment

Cost per month

In city centre
Rkv
Car
Outside city centre
Rkv
Car

Buy apartment

Price per m2

In city centre
Rkv
Car
Outside city centre
Rkv
Car

Mortgage rates

Reykjavik
4.5%
Caracas
5.5%
Compare our
home insurance prices

Utilities

  • Basic Utilities
  • Internet & Phone

Basic utilities

Electricity, heating, water, Garbage for a 85m2 Apartment

Reykjavik
Caracas

Internet

60 Mbps or more, unlimited data, Cable/ADSL

Rkv
Car

Mobile phone data

One-minute local prepaid call (no plan or discount)

Rkv
Car

Transport

  • Public Transport
  • Car

One-way ticket

Local transport

Rkv
Car

Monthly pass

Regular price

Rkv
Car

Fuel prices

Per Litre

Reykjavik
Caracas

Buying a new car

Volkswagen Golf 1.4 90KW Trendline (Or equivalent)

Rkv
Car
Compare our
car insurance prices

Groceries

  • Staples
  • Meat
  • Produce
  • Cigarettes

Staples

Milk 1L
Rkv
Car
White bread 500g
Rkv
Car
Eggs 12
Rkv
Car
White rice 1kg
Rkv
Car

Pack of cigarettes

(Marlboro)

Reykjavik
Caracas

Meat & cheese

Chicken breasts 1kg
Rkv
Car
Beef round 1kg
Rkv
Car
Local cheese 1kg
Rkv
Car

Vegetables

Potatoes 1kg
Rkv
Car
Lettuce 1 head
Rkv
Car
Tomatoes 1kg
Rkv
Car

Fruit

Apples 1kg
Rkv
Car
Oranges 1 head
Rkv
Car
Bananas 1kg
Rkv
Car

Eating Out

  • Food
  • Drinks

Meal for two

Inexpensive restaurant 2 meals
Rkv $4,070.74/mth
Car $4,070.74/mth
Mid-range restaurant Three-course meal for two people
Rkv $4,070.74/mth
Car $4,070.74/mth

Mcdonalds McMeal

Or equivalent combo meal

Reykjavik
4.5%
Caracas
5.5%

Restaurant Prices in Reykjavik are 17.14% higher than in Caracas

Drinks

Coke/Pepsi 0.33L
bottle
Rkv $4,070.74/mth
Car $4,070.74/mth
Water 0.33L
bottle
Rkv $4,070.74/mth
Car $4,070.74/mth
Cappuccino regular
Rkv $4,070.74/mth
Car $4,070.74/mth

Alcohol

  • Beer
  • Wine

Domestic beer

Restaurant 0.5L draught
Rkv
Car
Market 0.5L bottle
Rkv
Car

Imported beer

Restaurant 0.33L bottle
Rkv
Car
Market 0.33L bottle
Rkv
Car

Bottle of wine

Mid-range, from supermarket

Reykjavik
5
Caracas

Clothing

  • Clothing
  • Shoes

Pair of jeans

Levis 501 or similar

Rkv
Car

Summer dress

From a chain store (e.g. Zara, H&M)

Rkv
Car

Shoes

1 pair Nike shoes
Rkv
Car
1 pair men's leather shoes
Rkv
Car

Leisure

  • Cinema
  • Sports

Cinema

One ticket for an international release

Reykjavik
$15.33
Caracas
$11.43

Tennis court rental

One hour on weekend

Rkv $4,070.74/mth
Car $4,070.74/mth

Fitness club

Monthly fee for one adult

Rkv $4,070.74/mth
Car $4,070.74/mth