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Insurer of the
Year 2017-21

prices shown in
Reykjavik vs Seoul
Rkv vs Sel

Average net salary (After tax)

Seoul
Reykjavik

Housing

  • Rent apartment
  • Buy apartment

Rent 1 bedroom apartment

Cost per month

In city centre
Sel
Rkv
Outside city centre
Sel
Rkv

Rent 3 bedroom apartment

Cost per month

In city centre
Sel
Rkv
Outside city centre
Sel
Rkv

Buy apartment

Price per m2

In city centre
Sel
Rkv
Outside city centre
Sel
Rkv

Mortgage rates

Seoul
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

Seoul
Reykjavik

Internet

60 Mbps or more, unlimited data, Cable/ADSL

Sel
Rkv

Mobile phone data

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

Sel
Rkv

Transport

  • Public Transport
  • Car

One-way ticket

Local transport

Sel
Rkv

Monthly pass

Regular price

Sel
Rkv

Fuel prices

Per Litre

Seoul
Reykjavik

Buying a new car

Volkswagen Golf 1.4 90KW Trendline (Or equivalent)

Sel
Rkv
Compare our
car insurance prices

Groceries

  • Staples
  • Meat
  • Produce
  • Cigarettes

Staples

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

Pack of cigarettes

(Marlboro)

Seoul
Reykjavik

Meat & cheese

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

Vegetables

Potatoes 1kg
Sel
Rkv
Lettuce 1 head
Sel
Rkv
Tomatoes 1kg
Sel
Rkv

Fruit

Apples 1kg
Sel
Rkv
Oranges 1 head
Sel
Rkv
Bananas 1kg
Sel
Rkv

Eating Out

  • Food
  • Drinks

Meal for two

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

Mcdonalds McMeal

Or equivalent combo meal

Seoul
4.5%
Reykjavik
5.5%

Restaurant Prices in Seoul are 17.14% higher than in Reykjavik

Drinks

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

Alcohol

  • Beer
  • Wine

Domestic beer

Restaurant 0.5L draught
Sel
Rkv
Market 0.5L bottle
Sel
Rkv

Imported beer

Restaurant 0.33L bottle
Sel
Rkv
Market 0.33L bottle
Sel
Rkv

Bottle of wine

Mid-range, from supermarket

Seoul
5
Reykjavik

Clothing

  • Clothing
  • Shoes

Pair of jeans

Levis 501 or similar

Sel
Rkv

Summer dress

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

Sel
Rkv

Shoes

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

Leisure

  • Cinema
  • Sports

Cinema

One ticket for an international release

Seoul
$15.33
Reykjavik
$11.43

Tennis court rental

One hour on weekend

Sel $4,070.74/mth
Rkv $4,070.74/mth

Fitness club

Monthly fee for one adult

Sel $4,070.74/mth
Rkv $4,070.74/mth