Cost of living comparison
compared to
Reykjavik vs. Leuven Cost of Living Summary
Reykjavik is 55.8% more expensive than Leuven.
- Restaurants
-
pay 33.7% more in Reykjavik
- Groceries
-
pay 64.5% more in Reykjavik
- Transportation
-
pay 57.4% more in Reykjavik
- Housing
-
pay 58.5% more in Reykjavik
- Childcare
-
pay 31.6% more in Reykjavik
- Entertainment and Sports
-
pay 63.3% more in Reykjavik
- Clothing
-
pay 81.4% more in Reykjavik
The cost of clothing, groceries, entertainment and sports, housing, transportation, and restaurants in Reykjavik are more expensive than in Leuven. Notably, clothing is significantly more expensive in Reykjavik.
Reykjavik vs. Leuven Cost Breakdown
If you lived in Reykjavik instead of Leuven, you would:
pay 33.7% more for restaurants
|
Leuven
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$17.52
€15.05
|
$27.48
ISK3,517
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.68
€10.03
|
$22.76
ISK2,913
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.28
€2.82
|
$3.34
ISK427
|
|
| Bottle of water (11 fl. oz) |
$3.30
€2.83
|
$2.70
ISK345
|
|
Leuven vs. Reykjavik - Cost of restaurants
Improve prices ·
Change currency (USD)
pay 64.5% more for groceries
|
Leuven
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.11
€1.81
|
$4.63
ISK593
|
|
| Local cheese (8 oz) |
$6.02
€5.17
|
$9.44
ISK1,208
|
|
| Milk (1 gallon) |
$5.27
€4.52
|
$7.63
ISK976
|
|
|
Eggs
1 dozen
|
$3.75
€3.22
|
$6.50
ISK832
|
|
| Boneless chicken breast (1 lb) |
$5.61
€4.81
|
$11.29
ISK1,445
|
|
| Apples (1 lb) |
$1.26
€1.08
|
$1.59
ISK204
|
|
| Bananas (1 lb) |
$1.06
€0.91
|
$1.17
ISK150
|
|
| Oranges (1 lb) |
$0.99
€0.85
|
$1.49
ISK190
|
|
| Tomatoes (1 lb) |
$1.23
€1.05
|
$2.54
ISK325
|
|
| Potatoes (1 lb) |
$0.98
€0.85
|
$1.70
ISK217
|
|
| Onions (1 lb) |
$0.77
€0.66
|
$1.13
ISK145
|
|
Leuven vs. Reykjavik - Cost of groceries
Improve prices ·
Change currency (USD)
pay 57.4% more for transportation
|
Leuven
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.11
€6.10
|
$9.66
ISK1,236
|
|
| Monthly public transit pass |
$38.11
€32.73
|
$88.58
ISK11,337
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$30,440.15
€26,142.33
|
$50,771.00
ISK6,497,672
|
|
| Taxi trip in downtown area (5 miles) |
$29.78
€25.58
|
$28.07
ISK3,592
|
|
Leuven vs. Reykjavik - Cost of transportation
Improve prices ·
Change currency (USD)
pay 58.5% more for housing
|
Leuven
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$47.20
€40.54
|
$81.97
ISK10,490
|
|
| 1-Bedroom apartment in downtown area |
$1,017.82
€874.11
|
$2,259.48
ISK289,169
|
|
| 1-Bedroom apartment outside city center |
$1,074.55
€922.84
|
$2,034.90
ISK260,427
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$124.81
€107.19
|
$60.87
ISK7,791
|
|
Leuven vs. Reykjavik - Cost of housing
Improve prices ·
Change currency (USD)
pay 31.6% more for childcare
|
Leuven
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$648.23
€556.71
|
$327.78
ISK41,949
|
|
| Middle school for 1 child, two semesters |
$14,450.37
€12,410.13
|
$30,711.08
ISK3,930,404
|
|
Leuven vs. Reykjavik - Cost of childcare
Improve prices ·
Change currency (USD)
pay 63.3% more for entertainment and sports
|
Leuven
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.26
€4.51
|
$13.12
ISK1,680
|
|
| Cappuccino in mid-range area |
$4.18
€3.59
|
$6.17
ISK790
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.85
€11.03
|
$13.94
ISK1,783
|
|
| Monthly membership at local gym |
$46.49
€39.92
|
$87.35
ISK11,179
|
|
| Movie ticket to theater/cinema |
$14.02
€12.04
|
$17.18
ISK2,199
|
|
Leuven vs. Reykjavik - Cost of entertainment and sports
Improve prices ·
Change currency (USD)
pay 81.4% more for clothing
|
Leuven
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$104.73
€89.94
|
$145.10
ISK18,569
|
|
|
Regular dress
from H&M or similar store
|
$29.90
€25.68
|
$63.97
ISK8,187
|
|
|
Running shoes
Nike or Adidas
|
$94.61
€81.25
|
$193.43
ISK24,755
|
|
| Men's business shoes (leather) |
$147.56
€126.72
|
$248.79
ISK31,840
|
|
Leuven vs. Reykjavik - Cost of clothing
Improve prices ·
Change currency (USD)
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
Change currency:
Compare countries by overall cost of living
See the
cost of living in Belgium vs. Iceland.
This provides a comparison of the average cost of living from cities within Belgium and Iceland.
Help us improve these prices
MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate.
Learn more
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Reykjavik or Leuven. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.