Cost of living comparison
compared to
Reykjavik vs. Espoo Cost of Living Summary
Reykjavik is 42.9% more expensive than Espoo.
- Restaurants
-
pay 33.6% more in Reykjavik
- Groceries
-
pay 46.3% more in Reykjavik
- Transportation
-
pay 25.1% more in Reykjavik
- Housing
-
pay 2.1 times more in Reykjavik
- Childcare
-
pay 22.4% more in Reykjavik
- Entertainment and Sports
-
pay 21.0% more in Reykjavik
- Clothing
-
pay 37.6% more in Reykjavik
The cost of housing, groceries, clothing, restaurants, transportation, and childcare in Reykjavik are more expensive than in Espoo. Notably, housing is significantly more expensive in Reykjavik.
Reykjavik vs. Espoo Cost Breakdown
If you lived in Reykjavik instead of Espoo, you would:
pay 33.6% more for restaurants
|
Espoo
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$17.52
€14.82
|
$27.48
ISK3,338
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.68
€9.88
|
$22.76
ISK2,765
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.47
€2.94
|
$3.34
ISK405
|
|
| Bottle of water (11 fl. oz) |
$3.11
€2.64
|
$2.70
ISK328
|
|
Espoo vs. Reykjavik - Cost of restaurants
pay 46.3% more for groceries
|
Espoo
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.77
€2.34
|
$4.63
ISK563
|
|
| Local cheese (8 oz) |
$5.22
€4.42
|
$9.44
ISK1,146
|
|
| Milk (1 gallon) |
$5.60
€4.74
|
$7.63
ISK927
|
|
|
Eggs
1 dozen
|
$3.89
€3.29
|
$6.50
ISK790
|
|
| Boneless chicken breast (1 lb) |
$7.74
€6.55
|
$11.29
ISK1,372
|
|
| Apples (1 lb) |
$1.50
€1.27
|
$1.59
ISK193
|
|
| Bananas (1 lb) |
$1.00
€0.85
|
$1.17
ISK142
|
|
| Oranges (1 lb) |
$1.39
€1.17
|
$1.49
ISK181
|
|
| Tomatoes (1 lb) |
$2.19
€1.85
|
$2.54
ISK308
|
|
| Potatoes (1 lb) |
$0.65
€0.55
|
$1.70
ISK206
|
|
| Onions (1 lb) |
$1.06
€0.89
|
$1.13
ISK137
|
|
Espoo vs. Reykjavik - Cost of groceries
pay 25.1% more for transportation
|
Espoo
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.96
€6.73
|
$9.66
ISK1,173
|
|
| Monthly public transit pass |
$79.77
€67.50
|
$88.58
ISK10,760
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$33,316.90
€28,191.66
|
$50,771.00
ISK6M
|
|
| Taxi trip in downtown area (5 miles) |
$24.24
€20.51
|
$28.07
ISK3,409
|
|
Espoo vs. Reykjavik - Cost of transportation
pay 2.1 times more for housing
|
Espoo
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$23.31
€19.72
|
$81.97
ISK9,957
|
|
| 1-Bedroom apartment in downtown area |
$1,049.73
€888.25
|
$2,259.48
ISK274K
|
|
| 1-Bedroom apartment outside city center |
$921.71
€779.92
|
$2,034.90
ISK247K
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$87.25
€73.83
|
$60.87
ISK7,394
|
|
Espoo vs. Reykjavik - Cost of housing
pay 22.4% more for childcare
|
Espoo
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$341.29
€288.79
|
$327.78
ISK39,815
|
|
| Middle school for 1 child, two semesters |
$20,634.48
€17,460.22
|
$30,711.08
ISK4M
|
|
Espoo vs. Reykjavik - Cost of childcare
pay 21.0% more for entertainment and sports
|
Espoo
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.34
€7.91
|
$13.12
ISK1,594
|
|
| Cappuccino in mid-range area |
$5.63
€4.76
|
$6.17
ISK750
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.85
€10.87
|
$13.94
ISK1,693
|
|
| Monthly membership at local gym |
$58.98
€49.91
|
$87.35
ISK10,611
|
|
| Movie ticket to theater/cinema |
$17.52
€14.82
|
$17.18
ISK2,087
|
|
Espoo vs. Reykjavik - Cost of entertainment and sports
pay 37.6% more for clothing
|
Espoo
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$114.46
€96.85
|
$145.10
ISK17,625
|
|
|
Regular dress
from H&M or similar store
|
$60.15
€50.90
|
$63.97
ISK7,770
|
|
|
Running shoes
Nike or Adidas
|
$103.53
€87.61
|
$193.43
ISK23,496
|
|
| Men's business shoes (leather) |
$190.77
€161.42
|
$248.79
ISK30,221
|
|
Espoo 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: March 2026
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