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Insurer of the
Year 2017-21

prices shown in
Reykjavik vs Caracas
Rkv vs Car

Average net salary (After tax)

Caracas
Reykjavik

Housing

  • Rent apartment
  • Buy apartment

Rent 1 bedroom apartment

Cost per month

In city centre
Car
Rkv
Outside city centre
Car
Rkv

Rent 3 bedroom apartment

Cost per month

In city centre
Car
Rkv
Outside city centre
Car
Rkv

Buy apartment

Price per m2

In city centre
Car
Rkv
Outside city centre
Car
Rkv

Mortgage rates

Caracas
4.5%
Reykjavik
5.5%
Compare our
home insurance prices

Utilities

  • Basic Utilities
  • Internet & Phone

Basic utilities

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

Caracas
Reykjavik

Internet

60 Mbps or more, unlimited data, Cable/ADSL

Car
Rkv

Mobile phone data

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

Car
Rkv

Transport

  • Public Transport
  • Car

One-way ticket

Local transport

Car
Rkv

Monthly pass

Regular price

Car
Rkv

Fuel prices

Per Litre

Caracas
Reykjavik

Buying a new car

Volkswagen Golf 1.4 90KW Trendline (Or equivalent)

Car
Rkv
Compare our
car insurance prices

Groceries

  • Staples
  • Meat
  • Produce
  • Cigarettes

Staples

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

Pack of cigarettes

(Marlboro)

Caracas
Reykjavik

Meat & cheese

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

Vegetables

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

Fruit

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

Eating Out

  • Food
  • Drinks

Meal for two

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

Mcdonalds McMeal

Or equivalent combo meal

Caracas
4.5%
Reykjavik
5.5%

Restaurant Prices in Caracas are 17.14% higher than in Reykjavik

Drinks

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

Alcohol

  • Beer
  • Wine

Domestic beer

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

Imported beer

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

Bottle of wine

Mid-range, from supermarket

Caracas
5
Reykjavik

Clothing

  • Clothing
  • Shoes

Pair of jeans

Levis 501 or similar

Car
Rkv

Summer dress

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

Car
Rkv

Shoes

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

Leisure

  • Cinema
  • Sports

Cinema

One ticket for an international release

Caracas
$15.33
Reykjavik
$11.43

Tennis court rental

One hour on weekend

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

Fitness club

Monthly fee for one adult

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