Cost of living comparison
compared to
Reykjavik vs. Granada Cost of Living Summary
Reykjavik is 2.0 times more expensive than Granada.
- Restaurants
- pay 59.8% more in Reykjavik
- Groceries
- pay 85.5% more in Reykjavik
- Transportation
- pay 51.3% more in Reykjavik
- Housing
- pay 2.3 times more in Reykjavik
- Childcare
- pay 2.3 times more in Reykjavik
- Entertainment and Sports
- pay 2.4 times more in Reykjavik
- Clothing
- pay 2.1 times more in Reykjavik
Reykjavik vs. Granada Cost Breakdown
If you lived in Reykjavik instead of Granada, you would:
pay 59.8% more for restaurants
Granada | Reykjavik | ||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant | $15.18 €13.33 | $27.48 ISK3,476 | |
| Fast food combo meal McDonalds, or similar | $10.51 €9.23 | $22.76 ISK2,879 | |
| Bottle of Coca-Cola (11 fl. oz) | $2.93 €2.57 | $3.34 ISK422 | |
| Bottle of water (11 fl. oz) | $2.11 €1.85 | $2.70 ISK341 | |
Granada vs. Reykjavik - Cost of restaurants
pay 85.5% more for groceries
Granada | Reykjavik | ||
|---|---|---|---|
| Bread 1 loaf | $1.82 €1.60 | $4.63 ISK586 | |
| Local cheese (8 oz) | $7.83 €6.87 | $9.44 ISK1,194 | |
| Milk (1 gallon) | $4.30 €3.77 | $7.63 ISK965 | |
| Eggs 1 dozen | $3.22 €2.83 | $6.50 ISK822 | |
| Boneless chicken breast (1 lb) | $3.62 €3.18 | $11.29 ISK1,428 | |
| Apples (1 lb) | $1.27 €1.12 | $1.59 ISK201 | |
| Bananas (1 lb) | $0.85 €0.74 | $1.17 ISK148 | |
| Oranges (1 lb) | $0.93 €0.81 | $1.49 ISK188 | |
| Tomatoes (1 lb) | $1.06 €0.93 | $2.54 ISK321 | |
| Potatoes (1 lb) | $0.87 €0.77 | $1.70 ISK215 | |
| Onions (1 lb) | $0.96 €0.84 | $1.13 ISK143 | |
Granada vs. Reykjavik - Cost of groceries
pay 51.3% more for transportation
Granada | Reykjavik | ||
|---|---|---|---|
| Gasoline (1 gallon) | $6.72 €5.90 | $9.66 ISK1,222 | |
| Monthly public transit pass | $40.88 €35.89 | $88.58 ISK11,205 | |
| New Volkswagen Golf 1.4 (standard edition) | $38,969.97 €34,215.71 | $50,771.00 ISK6M | |
| Taxi trip in downtown area (5 miles) | $24.53 €21.54 | $28.07 ISK3,550 | |
Granada vs. Reykjavik - Cost of transportation
pay 2.3 times more for housing
Granada | Reykjavik | ||
|---|---|---|---|
| Internet connection 50 mbps or faster, cable/dsl | $25.70 €22.56 | $81.97 ISK10,368 | |
| 1-Bedroom apartment in downtown area | $875.99 €769.12 | $2,259.48 ISK286K | |
| 1-Bedroom apartment outside city center | $700.79 €615.30 | $2,034.90 ISK257K | |
| Utilities for two (700 sq ft apartment) including electric, gas, water, heating | $132.64 €116.45 | $60.87 ISK7,700 | |
Granada vs. Reykjavik - Cost of housing
pay 2.3 times more for childcare
Granada | Reykjavik | ||
|---|---|---|---|
| Private preschool for 1 child, monthly | $379.60 €333.29 | $327.78 ISK41,461 | |
| Middle school for 1 child, two semesters | $8,351.13 €7,332.31 | $30,711.08 ISK4M | |
Granada vs. Reykjavik - Cost of childcare
pay 2.4 times more for entertainment and sports
Granada | Reykjavik | ||
|---|---|---|---|
| Domestic/local beer (1 pint) | $3.50 €3.08 | $13.12 ISK1,660 | |
| Cappuccino in mid-range area | $2.36 €2.07 | $6.17 ISK781 | |
| Pack of cigarettes Marlboro or similar | $6.42 €5.64 | $13.94 ISK1,763 | |
| Monthly membership at local gym | $47.19 €41.43 | $87.35 ISK11,049 | |
| Movie ticket to theater/cinema | $9.90 €8.69 | $17.18 ISK2,174 | |
Granada vs. Reykjavik - Cost of entertainment and sports
pay 2.1 times more for clothing
Granada | Reykjavik | ||
|---|---|---|---|
| Regular jeans Levi's brand | $74.75 €65.63 | $145.10 ISK18,353 | |
| Regular dress from H&M or similar store | $33.87 €29.74 | $63.97 ISK8,091 | |
| Running shoes Nike or Adidas | $79.42 €69.73 | $193.43 ISK24,467 | |
| Men's business shoes (leather) | $109.01 €95.71 | $248.79 ISK31,470 | |
Granada 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: June 2026
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