Cost of living comparison
compared to
Reykjavik vs. Nykobing Cost of Living Summary
Reykjavik is 71.0% more expensive than Nykobing.
- Restaurants
-
pay 48.3% more in Reykjavik
- Groceries
-
pay 44.8% more in Reykjavik
- Transportation
-
pay 28.8% more in Reykjavik
- Housing
-
pay 95.2% more in Reykjavik
- Childcare
-
pay 2.8 times more in Reykjavik
- Entertainment and Sports
-
pay 49.2% more in Reykjavik
- Clothing
-
pay 49.0% more in Reykjavik
The cost of childcare, housing, entertainment and sports, clothing, restaurants, and groceries in Reykjavik are more expensive than in Nykobing. Notably, childcare and housing are significantly more expensive in Reykjavik.
Reykjavik vs. Nykobing Cost Breakdown
If you lived in Reykjavik instead of Nykobing, you would:
pay 48.3% more for restaurants
|
Nykobing
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$23.47
DKK148.44
|
$27.48
ISK3,338
|
|
|
Fast food combo meal
McDonalds, or similar
|
$14.08
DKK89.07
|
$22.76
ISK2,765
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.35
DKK14.84
|
$3.34
ISK405
|
|
| Bottle of water (11 fl. oz) |
$1.56
DKK9.90
|
$2.70
ISK328
|
|
Nykobing vs. Reykjavik - Cost of restaurants
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pay 44.8% more for groceries
|
Nykobing
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.50
DKK15.83
|
$4.63
ISK563
|
|
| Local cheese (8 oz) |
$5.48
DKK34.64
|
$9.44
ISK1,146
|
|
| Milk (1 gallon) |
$7.78
DKK49.23
|
$7.63
ISK927
|
|
|
Eggs
1 dozen
|
$4.51
DKK28.50
|
$6.50
ISK790
|
|
| Boneless chicken breast (1 lb) |
$4.70
DKK29.70
|
$11.29
ISK1,372
|
|
| Apples (1 lb) |
$1.24
DKK7.86
|
$1.59
ISK193
|
|
| Bananas (1 lb) |
$1.50
DKK9.50
|
$1.17
ISK142
|
|
| Oranges (1 lb) |
$1.63
DKK10.32
|
$1.49
ISK181
|
|
| Tomatoes (1 lb) |
$2.13
DKK13.47
|
$2.54
ISK308
|
|
| Potatoes (1 lb) |
$0.88
DKK5.54
|
$1.70
ISK206
|
|
| Onions (1 lb) |
$0.79
DKK5.01
|
$1.13
ISK137
|
|
Nykobing vs. Reykjavik - Cost of groceries
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pay 28.8% more for transportation
|
Nykobing
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.23
DKK52.04
|
$9.66
ISK1,173
|
|
| Monthly public transit pass |
$54.77
DKK346.37
|
$88.58
ISK10,760
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$49,291.10
DKK312K
|
$50,771.00
ISK6M
|
|
| Taxi trip in downtown area (5 miles) |
$21.12
DKK133.60
|
$28.07
ISK3,409
|
|
Nykobing vs. Reykjavik - Cost of transportation
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pay 95.2% more for housing
|
Nykobing
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$43.57
DKK275.54
|
$81.97
ISK9,957
|
|
| 1-Bedroom apartment in downtown area |
$860.64
DKK5,442.93
|
$2,259.48
ISK274K
|
|
| 1-Bedroom apartment outside city center |
$704.16
DKK4,453.31
|
$2,034.90
ISK247K
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$147.40
DKK932.21
|
$60.87
ISK7,394
|
|
Nykobing vs. Reykjavik - Cost of housing
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pay 2.8 times more for childcare
|
Nykobing
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$750.16
DKK4,744.26
|
$327.78
ISK39,815
|
|
| Middle school for 1 child, two semesters |
$5,914.93
DKK37,407.80
|
$30,711.08
ISK4M
|
|
Nykobing vs. Reykjavik - Cost of childcare
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pay 49.2% more for entertainment and sports
|
Nykobing
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.00
DKK56.90
|
$13.12
ISK1,594
|
|
| Cappuccino in mid-range area |
$6.26
DKK39.58
|
$6.17
ISK750
|
|
|
Pack of cigarettes
Marlboro or similar
|
$8.61
DKK54.43
|
$13.94
ISK1,693
|
|
| Monthly membership at local gym |
$35.21
DKK222.67
|
$87.35
ISK10,611
|
|
| Movie ticket to theater/cinema |
$18.78
DKK118.75
|
$17.18
ISK2,087
|
|
Nykobing vs. Reykjavik - Cost of entertainment and sports
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pay 49.0% more for clothing
|
Nykobing
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$112.67
DKK712.53
|
$145.10
ISK17,625
|
|
|
Regular dress
from H&M or similar store
|
$35.99
DKK227.61
|
$63.97
ISK7,770
|
|
|
Running shoes
Nike or Adidas
|
$117.36
DKK742.22
|
$193.43
ISK23,496
|
|
| Men's business shoes (leather) |
$199.51
DKK1,261.77
|
$248.79
ISK30,221
|
|
Nykobing vs. Reykjavik - Cost of clothing
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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: March 2026
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cost of living in Denmark vs. Iceland.
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