Cost of living comparison
compared to
Reykjavik vs. Chemnitz Cost of Living Summary
Reykjavik is 94.4% more expensive than Chemnitz.
- Restaurants
-
pay 40.2% more in Reykjavik
- Groceries
-
pay 62.0% more in Reykjavik
- Transportation
-
pay 47.3% more in Reykjavik
- Housing
-
pay 3.0 times more in Reykjavik
- Childcare
-
pay 2.5 times more in Reykjavik
- Entertainment and Sports
-
pay 91.9% more in Reykjavik
- Clothing
-
pay 71.5% more in Reykjavik
The cost of housing, childcare, entertainment and sports, clothing, groceries, and transportation in Reykjavik are more expensive than in Chemnitz. Notably, housing, childcare, and entertainment and sports are significantly more expensive in Reykjavik.
Reykjavik vs. Chemnitz Cost Breakdown
If you lived in Reykjavik instead of Chemnitz, you would:
pay 40.2% more for restaurants
|
Chemnitz
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$17.52
€15.11
|
$27.48
ISK3,517
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.51
€9.06
|
$22.76
ISK2,913
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.50
€3.02
|
$3.34
ISK427
|
|
| Bottle of water (11 fl. oz) |
$2.92
€2.52
|
$2.70
ISK345
|
|
Chemnitz vs. Reykjavik - Cost of restaurants
pay 62.0% more for groceries
|
Chemnitz
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.20
€1.90
|
$4.63
ISK593
|
|
| Local cheese (8 oz) |
$7.50
€6.47
|
$9.44
ISK1,208
|
|
| Milk (1 gallon) |
$4.58
€3.95
|
$7.63
ISK976
|
|
|
Eggs
1 dozen
|
$3.67
€3.17
|
$6.50
ISK832
|
|
| Boneless chicken breast (1 lb) |
$6.07
€5.24
|
$11.29
ISK1,445
|
|
| Apples (1 lb) |
$1.55
€1.33
|
$1.59
ISK204
|
|
| Bananas (1 lb) |
$0.75
€0.64
|
$1.17
ISK150
|
|
| Oranges (1 lb) |
$1.02
€0.88
|
$1.49
ISK190
|
|
| Tomatoes (1 lb) |
$2.28
€1.97
|
$2.54
ISK325
|
|
| Potatoes (1 lb) |
$0.69
€0.59
|
$1.70
ISK217
|
|
| Onions (1 lb) |
$0.74
€0.64
|
$1.13
ISK145
|
|
Chemnitz vs. Reykjavik - Cost of groceries
pay 47.3% more for transportation
|
Chemnitz
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.44
€6.42
|
$9.66
ISK1,236
|
|
| Monthly public transit pass |
$67.74
€58.42
|
$88.58
ISK11,337
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$31,745.96
€27,375.40
|
$50,771.00
ISK6,497,672
|
|
| Taxi trip in downtown area (5 miles) |
$16.64
€14.35
|
$28.07
ISK3,592
|
|
Chemnitz vs. Reykjavik - Cost of transportation
pay 3.0 times more for housing
|
Chemnitz
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$51.85
€44.71
|
$81.97
ISK10,490
|
|
| 1-Bedroom apartment in downtown area |
$449.21
€387.36
|
$2,259.48
ISK289,169
|
|
| 1-Bedroom apartment outside city center |
$410.26
€353.78
|
$2,034.90
ISK260,427
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$228.71
€197.23
|
$60.87
ISK7,791
|
|
Chemnitz vs. Reykjavik - Cost of housing
pay 2.5 times more for childcare
|
Chemnitz
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$329.96
€284.53
|
$327.78
ISK41,949
|
|
| Middle school for 1 child, two semesters |
$7,591.93
€6,546.73
|
$30,711.08
ISK3,930,404
|
|
Chemnitz vs. Reykjavik - Cost of childcare
pay 91.9% more for entertainment and sports
|
Chemnitz
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.67
€4.03
|
$13.12
ISK1,680
|
|
| Cappuccino in mid-range area |
$3.99
€3.44
|
$6.17
ISK790
|
|
|
Pack of cigarettes
Marlboro or similar
|
$9.58
€8.26
|
$13.94
ISK1,783
|
|
| Monthly membership at local gym |
$31.15
€26.86
|
$87.35
ISK11,179
|
|
| Movie ticket to theater/cinema |
$17.52
€15.11
|
$17.18
ISK2,199
|
|
Chemnitz vs. Reykjavik - Cost of entertainment and sports
pay 71.5% more for clothing
|
Chemnitz
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$98.89
€85.28
|
$145.10
ISK18,569
|
|
|
Regular dress
from H&M or similar store
|
$65.80
€56.74
|
$63.97
ISK8,187
|
|
|
Running shoes
Nike or Adidas
|
$108.62
€93.67
|
$193.43
ISK24,755
|
|
| Men's business shoes (leather) |
$94.32
€81.33
|
$248.79
ISK31,840
|
|
Chemnitz vs. Reykjavik - Cost of clothing
The statistics used to build this comparison are calculated using data from users just like you.
We average the price of thousands of data points entered by users across the world.
Learn more about our data sources. Page last updated: December 2025
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