Cost of living comparison
compared to
Reykjavik vs. Herceg Novi Cost of Living Summary
Reykjavik is 2.3 times more expensive than Herceg Novi.
- Restaurants
- pay 83.9% more in Reykjavik
- Groceries
- pay 2.4 times more in Reykjavik
- Transportation
- pay 80.2% more in Reykjavik
- Housing
- pay 2.5 times more in Reykjavik
- Childcare
- pay 2.5 times more in Reykjavik
- Entertainment and Sports
- pay 2.8 times more in Reykjavik
- Clothing
- pay 2.1 times more in Reykjavik
Reykjavik vs. Herceg Novi Cost Breakdown
If you lived in Reykjavik instead of Herceg Novi, you would:
pay 83.9% more for restaurants
Herceg Novi | Reykjavik | ||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant | $11.68 €10.25 | $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) | $2.57 €2.26 | $3.34 ISK422 | |
| Bottle of water (11 fl. oz) | $1.75 €1.54 | $2.70 ISK341 | |
Herceg Novi vs. Reykjavik - Cost of restaurants
pay 2.4 times more for groceries
Herceg Novi | Reykjavik | ||
|---|---|---|---|
| Bread 1 loaf | $0.98 €0.86 | $4.63 ISK586 | |
| Local cheese (8 oz) | $4.56 €4.00 | $9.44 ISK1,194 | |
| Milk (1 gallon) | $5.34 €4.69 | $7.63 ISK965 | |
| Eggs 1 dozen | $3.24 €2.84 | $6.50 ISK822 | |
| Boneless chicken breast (1 lb) | $3.42 €3.00 | $11.29 ISK1,428 | |
| Apples (1 lb) | $0.60 €0.52 | $1.59 ISK201 | |
| Bananas (1 lb) | $0.74 €0.65 | $1.17 ISK148 | |
| Oranges (1 lb) | $0.82 €0.72 | $1.49 ISK188 | |
| Tomatoes (1 lb) | $1.40 €1.22 | $2.54 ISK321 | |
| Potatoes (1 lb) | $0.47 €0.41 | $1.70 ISK215 | |
| Onions (1 lb) | $0.64 €0.56 | $1.13 ISK143 | |
Herceg Novi vs. Reykjavik - Cost of groceries
pay 80.2% more for transportation
Herceg Novi | Reykjavik | ||
|---|---|---|---|
| Gasoline (1 gallon) | $6.53 €5.74 | $9.66 ISK1,222 | |
| Monthly public transit pass | $46.72 €41.02 | $88.58 ISK11,205 | |
| New Volkswagen Golf 1.4 (standard edition) | $33,871.70 €29,739.42 | $50,771.00 ISK6M | |
| Taxi trip in downtown area (5 miles) | $12.03 €10.56 | $28.07 ISK3,550 | |
Herceg Novi vs. Reykjavik - Cost of transportation
pay 2.5 times more for housing
Herceg Novi | Reykjavik | ||
|---|---|---|---|
| Internet connection 50 mbps or faster, cable/dsl | $32.87 €28.86 | $81.97 ISK10,368 | |
| 1-Bedroom apartment in downtown area | $784.22 €688.55 | $2,259.48 ISK286K | |
| 1-Bedroom apartment outside city center | $478.88 €420.45 | $2,034.90 ISK257K | |
| Utilities for two (700 sq ft apartment) including electric, gas, water, heating | $120.08 €105.43 | $60.87 ISK7,700 | |
Herceg Novi vs. Reykjavik - Cost of housing
pay 2.5 times more for childcare
Herceg Novi | Reykjavik | ||
|---|---|---|---|
| Private preschool for 1 child, monthly | $467.20 €410.20 | $327.78 ISK41,461 | |
| Middle school for 1 child, two semesters | $7,270.74 €6,383.72 | $30,711.08 ISK4M | |
Herceg Novi vs. Reykjavik - Cost of childcare
pay 2.8 times more for entertainment and sports
Herceg Novi | Reykjavik | ||
|---|---|---|---|
| Domestic/local beer (1 pint) | $3.21 €2.82 | $13.12 ISK1,660 | |
| Cappuccino in mid-range area | $2.55 €2.24 | $6.17 ISK781 | |
| Pack of cigarettes Marlboro or similar | $3.80 €3.33 | $13.94 ISK1,763 | |
| Monthly membership at local gym | $58.40 €51.27 | $87.35 ISK11,049 | |
| Movie ticket to theater/cinema | $8.18 €7.18 | $17.18 ISK2,174 | |
Herceg Novi vs. Reykjavik - Cost of entertainment and sports
pay 2.1 times more for clothing
Herceg Novi | Reykjavik | ||
|---|---|---|---|
| Regular jeans Levi's brand | $87.60 €76.91 | $145.10 ISK18,353 | |
| Regular dress from H&M or similar store | $35.04 €30.76 | $63.97 ISK8,091 | |
| Running shoes Nike or Adidas | $75.92 €66.66 | $193.43 ISK24,467 | |
| Men's business shoes (leather) | $99.28 €87.17 | $248.79 ISK31,470 | |
Herceg Novi 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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