Cost of living comparison

compared to

Reykjavik vs. Jerusalem Cost of Living Summary

Reykjavik is 29.7% more expensive than Jerusalem.

Restaurants
pay 19.2% more in Reykjavik
Groceries
pay 58.1% more in Reykjavik
Transportation
pay 42.3% more in Reykjavik
Housing
pay 51.1% more in Reykjavik
Childcare
pay 16.9% less in Reykjavik
Entertainment and Sports
pay 26.5% more in Reykjavik
Clothing
pay 27.3% more in Reykjavik

The cost of groceries, housing, transportation, clothing, entertainment and sports, and restaurants in Reykjavik are more expensive than in Jerusalem.

Reykjavik vs. Jerusalem Cost Breakdown

If you lived in Reykjavik instead of Jerusalem, you would:

pay 19.2% more for restaurants

 
Jerusalem
Reykjavik
Basic meal with drink at inexpensive restaurant $23.87
₪77.71
$27.48
ISK3,517
Fast food combo meal
McDonalds, or similar
$17.90
₪58.28
$22.76
ISK2,913
Bottle of Coca-Cola (11 fl. oz) $2.91
₪9.47
$3.34
ISK427

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pay 58.1% more for groceries

 
Jerusalem
Reykjavik
Bread
1 loaf
$2.43
₪7.92
$4.63
ISK593
Local cheese (8 oz) $6.44
₪20.96
$9.44
ISK1,208
Milk (1 gallon) $8.52
₪27.73
$7.63
ISK976

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pay 42.3% more for transportation

 
Jerusalem
Reykjavik
Gasoline (1 gallon) $8.31
₪27.05
$9.66
ISK1,236
Monthly public transit pass $71.00
₪231.17
$88.58
ISK11,337
New Volkswagen Golf 1.4 (standard edition) $48,597.85
₪158,227.56
$50,771.00
ISK6,497,672

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pay 51.1% more for housing

 
Jerusalem
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$29.83
₪97.13
$81.97
ISK10,490
1-Bedroom apartment in downtown area $1,659.34
₪5,402.56
$2,259.48
ISK289,169
1-Bedroom apartment outside city center $1,268.94
₪4,131.50
$2,034.90
ISK260,427

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pay 16.9% less for childcare

 
Jerusalem
Reykjavik
Private preschool for 1 child, monthly $942.22
₪3,067.74
$327.78
ISK41,949
Middle school for 1 child, two semesters $23,369.13
₪76,086.51
$30,711.08
ISK3,930,404

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pay 26.5% more for entertainment and sports

 
Jerusalem
Reykjavik
Domestic/local beer (1 pint) $9.55
₪31.08
$13.12
ISK1,680
Cappuccino in mid-range area $4.51
₪14.69
$6.17
ISK790
Pack of cigarettes
Marlboro or similar
$10.44
₪34.00
$13.94
ISK1,783

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pay 27.3% more for clothing

 
Jerusalem
Reykjavik
Regular jeans
Levi's brand
$114.86
₪373.96
$145.10
ISK18,569
Regular dress
from H&M or similar store
$89.50
₪291.40
$63.97
ISK8,187
Running shoes
Nike or Adidas
$139.22
₪453.28
$193.43
ISK24,755

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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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See the cost of living in Israel vs. Iceland. This provides a comparison of the average cost of living from cities within Israel and Iceland.

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