Cost of living comparison

Germany

compared to

Iceland

Reykjavik vs. Berlin Cost of Living Summary

Reykjavik is 46.6% more expensive than Berlin.

Restaurants: pay 67.7% more in Reykjavik
Groceries: pay 38.9% more in Reykjavik
Transportation: pay 17.5% more in Reykjavik
Housing: pay 31.6% more in Reykjavik
Childcare: pay 3.7 times more in Reykjavik
Entertainment and Sports: pay 80.2% more in Reykjavik
Clothing: pay 60.8% more in Reykjavik

The cost of childcare, entertainment and sports, restaurants, clothing, groceries, and housing in Reykjavik are more expensive than in Berlin. Notably, childcare and entertainment and sports are significantly more expensive in Reykjavik.

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Reykjavik vs. Berlin Cost Breakdown

If you lived in Reykjavik instead of Berlin, you would:

Display currency: USD

pay 67.7% more for restaurants

	Berlin	Reykjavik
Basic meal with drink at inexpensive restaurant	$16.80 €14.95	$31.06 ISK3,763	+84.9%
Fast food combo meal McDonalds, or similar	$13.44 €11.96	$26.97 ISK3,268	+100.7%
Bottle of Coca-Cola (11 fl. oz)	$3.44 €3.06	$3.31 ISK402	-3.6%
Bottle of water (11 fl. oz)	$3.10 €2.76	$3.11 ISK376	+0.2%
Average			+67.7%

Berlin vs. Reykjavik - Cost of restaurants

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pay 38.9% more for groceries

	Berlin	Reykjavik
Bread 1 loaf	$2.40 €2.14	$4.19 ISK508	+74.6%
Local cheese (8 oz)	$8.59 €7.65	$10.93 ISK1,324	+27.2%
Milk (1 gallon)	$4.72 €4.20	$7.78 ISK942	+64.9%
Eggs 1 dozen	$4.47 €3.98	$7.08 ISK858	+58.2%
Boneless chicken breast (1 lb)	$5.44 €4.84	$11.00 ISK1,333	+102.3%
Apples (1 lb)	$1.61 €1.43	$1.50 ISK182	-6.6%
Bananas (1 lb)	$0.90 €0.81	$1.27 ISK154	+40.1%
Oranges (1 lb)	$1.52 €1.35	$1.46 ISK177	-4.1%
Tomatoes (1 lb)	$1.70 €1.51	$2.93 ISK355	+72.8%
Potatoes (1 lb)	$0.94 €0.84	$1.78 ISK215	+88.2%
Onions (1 lb)	$0.98 €0.87	$0.76 ISK92	-22.7%
Average			+38.9%

Berlin vs. Reykjavik - Cost of groceries

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pay 17.5% more for transportation

	Berlin	Reykjavik
Gasoline (1 gallon)	$8.66 €7.71	$7.76 ISK941	-10.4%
Monthly public transit pass	$70.54 €62.79	$94.80 ISK11,488	+34.4%
New Volkswagen Golf 1.4 (standard edition)	$32,914.63 €29,295.20	$50,588.43 ISK6M	+53.7%
Taxi trip in downtown area (5 miles)	$30.29 €26.96	$29.26 ISK3,545	-3.4%
Average			+17.5%

Berlin vs. Reykjavik - Cost of transportation

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pay 31.6% more for housing

	Berlin	Reykjavik
Internet connection 50 mbps or faster, cable/dsl	$48.20 €42.90	$86.01 ISK10,422	+78.5%
1-Bedroom apartment in downtown area	$1,478.95 €1,316.32	$2,522.88 ISK306K	+70.6%
1-Bedroom apartment outside city center	$1,114.14 €991.62	$2,032.25 ISK246K	+82.4%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$295.08 €262.63	$73.44 ISK8,899	-75.1%
Average			+31.6%

Berlin vs. Reykjavik - Cost of housing

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pay 3.7 times more for childcare

	Berlin	Reykjavik
Private preschool for 1 child, monthly	$144.45 €128.56	$1,185.23 ISK144K	+720.5%
Middle school for 1 child, two semesters	$15,853.22 €14,109.93	$25,853.51 ISK3M	+63.1%
Average			+265.8%

Berlin vs. Reykjavik - Cost of childcare

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pay 80.2% more for entertainment and sports

	Berlin	Reykjavik
Domestic/local beer (1 pint)	$5.43 €4.83	$13.89 ISK1,684	+155.8%
Cappuccino in mid-range area	$4.34 €3.86	$6.74 ISK817	+55.4%
Pack of cigarettes Marlboro or similar	$10.53 €9.37	$13.89 ISK1,684	+32.0%
Monthly membership at local gym	$40.06 €35.65	$100.25 ISK12,148	+150.3%
Movie ticket to theater/cinema	$15.68 €13.95	$19.57 ISK2,372	+24.9%
Average			+80.2%

Berlin vs. Reykjavik - Cost of entertainment and sports

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pay 60.8% more for clothing

	Berlin	Reykjavik
Regular jeans Levi's brand	$95.44 €84.95	$149.01 ISK18,058	+56.1%
Regular dress from H&M or similar store	$47.03 €41.86	$65.79 ISK7,972	+39.9%
Running shoes Nike or Adidas	$104.60 €93.09	$181.84 ISK22,035	+73.8%
Men's business shoes (leather)	$141.17 €125.65	$248.81 ISK30,151	+76.2%
Average			+60.8%

Berlin vs. Reykjavik - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

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