Cost of living comparison
compared to
Reykjavik vs. Graz Cost of Living Summary
Reykjavik is 70.5% more expensive than Graz.
- Restaurants
-
pay 31.1% more in Reykjavik
- Groceries
-
pay 31.4% more in Reykjavik
- Transportation
-
pay 32.2% more in Reykjavik
- Housing
-
pay 2.0 times more in Reykjavik
- Childcare
-
pay 2.8 times more in Reykjavik
- Entertainment and Sports
-
pay 65.9% more in Reykjavik
- Clothing
-
pay 49.5% more in Reykjavik
The cost of childcare, housing, entertainment and sports, clothing, transportation, and groceries in Reykjavik are more expensive than in Graz. Notably, childcare and housing are significantly more expensive in Reykjavik.
Reykjavik vs. Graz Cost Breakdown
If you lived in Reykjavik instead of Graz, you would:
pay 31.1% more for restaurants
|
Graz
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$17.52
€14.93
|
$27.48
ISK3,473
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.26
€10.45
|
$22.76
ISK2,877
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$4.19
€3.57
|
$3.34
ISK422
|
|
| Bottle of water (11 fl. oz) |
$2.64
€2.25
|
$2.70
ISK341
|
|
Graz vs. Reykjavik - Cost of restaurants
pay 31.4% more for groceries
|
Graz
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.45
€2.09
|
$4.63
ISK586
|
|
| Local cheese (8 oz) |
$10.13
€8.63
|
$9.44
ISK1,193
|
|
| Milk (1 gallon) |
$6.41
€5.46
|
$7.63
ISK964
|
|
|
Eggs
1 dozen
|
$4.87
€4.15
|
$6.50
ISK822
|
|
| Boneless chicken breast (1 lb) |
$6.63
€5.65
|
$11.29
ISK1,427
|
|
| Apples (1 lb) |
$1.34
€1.14
|
$1.59
ISK201
|
|
| Bananas (1 lb) |
$1.20
€1.02
|
$1.17
ISK148
|
|
| Oranges (1 lb) |
$1.47
€1.26
|
$1.49
ISK188
|
|
| Tomatoes (1 lb) |
$1.86
€1.58
|
$2.54
ISK321
|
|
| Potatoes (1 lb) |
$0.99
€0.84
|
$1.70
ISK214
|
|
| Onions (1 lb) |
$0.98
€0.83
|
$1.13
ISK143
|
|
Graz vs. Reykjavik - Cost of groceries
pay 32.2% more for transportation
|
Graz
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.69
€5.70
|
$9.66
ISK1,221
|
|
| Monthly public transit pass |
$75.57
€64.39
|
$88.58
ISK11,197
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$30,940.04
€26,361.10
|
$50,771.00
ISK6,417,454
|
|
| Taxi trip in downtown area (5 miles) |
$27.21
€23.19
|
$28.07
ISK3,548
|
|
Graz vs. Reykjavik - Cost of transportation
pay 2.0 times more for housing
|
Graz
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$37.68
€32.11
|
$81.97
ISK10,361
|
|
| 1-Bedroom apartment in downtown area |
$800.52
€682.05
|
$2,259.48
ISK285,599
|
|
| 1-Bedroom apartment outside city center |
$691.55
€589.20
|
$2,034.90
ISK257,212
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$319.27
€272.02
|
$60.87
ISK7,694
|
|
Graz vs. Reykjavik - Cost of housing
pay 2.8 times more for childcare
|
Graz
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$434.83
€370.48
|
$327.78
ISK41,431
|
|
| Middle school for 1 child, two semesters |
$6,327.54
€5,391.11
|
$30,711.08
ISK3,881,881
|
|
Graz vs. Reykjavik - Cost of childcare
pay 65.9% more for entertainment and sports
|
Graz
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.84
€4.98
|
$13.12
ISK1,659
|
|
| Cappuccino in mid-range area |
$4.45
€3.79
|
$6.17
ISK780
|
|
|
Pack of cigarettes
Marlboro or similar
|
$7.83
€6.67
|
$13.94
ISK1,761
|
|
| Monthly membership at local gym |
$52.92
€45.09
|
$87.35
ISK11,041
|
|
| Movie ticket to theater/cinema |
$14.02
€11.94
|
$17.18
ISK2,172
|
|
Graz vs. Reykjavik - Cost of entertainment and sports
pay 49.5% more for clothing
|
Graz
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$105.82
€90.16
|
$145.10
ISK18,340
|
|
|
Regular dress
from H&M or similar store
|
$44.94
€38.29
|
$63.97
ISK8,086
|
|
|
Running shoes
Nike or Adidas
|
$105.77
€90.11
|
$193.43
ISK24,449
|
|
| Men's business shoes (leather) |
$183.57
€156.40
|
$248.79
ISK31,447
|
|
Graz 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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