Cost of living comparison
compared to
Reykjavik vs. Ras Al-khaimah Cost of Living Summary
Reykjavik is 2.2 times more expensive than Ras Al-khaimah.
- Restaurants
- pay 3.5 times more in Reykjavik
- Groceries
- pay 2.4 times more in Reykjavik
- Transportation
- pay 2.2 times more in Reykjavik
- Housing
- pay 84.1% more in Reykjavik
- Childcare
- pay 2.9 times more in Reykjavik
- Entertainment and Sports
- pay 45.9% more in Reykjavik
- Clothing
- pay 41.9% more in Reykjavik
Reykjavik vs. Ras Al-khaimah Cost Breakdown
If you lived in Reykjavik instead of Ras Al-khaimah, you would:
pay 3.5 times more for restaurants
Ras Al-khaimah | Reykjavik | ||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant | $8.17 AED30.00 | $27.48 ISK3,476 | |
| Fast food combo meal McDonalds, or similar | $6.81 AED25.00 | $22.76 ISK2,879 | |
| Bottle of Coca-Cola (11 fl. oz) | $1.24 AED4.54 | $3.34 ISK422 | |
| Bottle of water (11 fl. oz) | $0.59 AED2.17 | $2.70 ISK341 | |
Ras Al-khaimah vs. Reykjavik - Cost of restaurants
pay 2.4 times more for groceries
Ras Al-khaimah | Reykjavik | ||
|---|---|---|---|
| Bread 1 loaf | $1.80 AED6.61 | $4.63 ISK586 | |
| Local cheese (8 oz) | $6.36 AED23.38 | $9.44 ISK1,194 | |
| Milk (1 gallon) | $6.48 AED23.80 | $7.63 ISK965 | |
| Eggs 1 dozen | $2.44 AED8.98 | $6.50 ISK822 | |
| Boneless chicken breast (1 lb) | $4.06 AED14.91 | $11.29 ISK1,428 | |
| Apples (1 lb) | $1.01 AED3.71 | $1.59 ISK201 | |
| Bananas (1 lb) | $0.81 AED2.99 | $1.17 ISK148 | |
| Oranges (1 lb) | $0.69 AED2.54 | $1.49 ISK188 | |
| Tomatoes (1 lb) | $0.60 AED2.22 | $2.54 ISK321 | |
| Potatoes (1 lb) | $0.46 AED1.68 | $1.70 ISK215 | |
| Onions (1 lb) | $0.49 AED1.80 | $1.13 ISK143 | |
Ras Al-khaimah vs. Reykjavik - Cost of groceries
pay 2.2 times more for transportation
Ras Al-khaimah | Reykjavik | ||
|---|---|---|---|
| Gasoline (1 gallon) | $2.95 AED10.85 | $9.66 ISK1,222 | |
| Monthly public transit pass | $63.99 AED235.00 | $88.58 ISK11,205 | |
| New Volkswagen Golf 1.4 (standard edition) | $45,426.00 AED167K | $50,771.00 ISK6M | |
| Taxi trip in downtown area (5 miles) | $8.91 AED32.72 | $28.07 ISK3,550 | |
Ras Al-khaimah vs. Reykjavik - Cost of transportation
pay 84.1% more for housing
Ras Al-khaimah | Reykjavik | ||
|---|---|---|---|
| Internet connection 50 mbps or faster, cable/dsl | $97.65 AED358.63 | $81.97 ISK10,368 | |
| 1-Bedroom apartment in downtown area | $768.61 AED2,822.73 | $2,259.48 ISK286K | |
| 1-Bedroom apartment outside city center | $673.93 AED2,475.00 | $2,034.90 ISK257K | |
| Utilities for two (700 sq ft apartment) including electric, gas, water, heating | $107.37 AED394.33 | $60.87 ISK7,700 | |
Ras Al-khaimah vs. Reykjavik - Cost of housing
pay 2.9 times more for childcare
Ras Al-khaimah | Reykjavik | ||
|---|---|---|---|
| Private preschool for 1 child, monthly | $245.06 AED900.00 | $327.78 ISK41,461 | |
| Middle school for 1 child, two semesters | $6,943.50 AED25,500.00 | $30,711.08 ISK4M | |
Ras Al-khaimah vs. Reykjavik - Cost of childcare
pay 45.9% more for entertainment and sports
Ras Al-khaimah | Reykjavik | ||
|---|---|---|---|
| Domestic/local beer (1 pint) | $10.89 AED40.00 | $13.12 ISK1,660 | |
| Cappuccino in mid-range area | $5.99 AED22.00 | $6.17 ISK781 | |
| Pack of cigarettes Marlboro or similar | $6.81 AED25.00 | $13.94 ISK1,763 | |
| Monthly membership at local gym | $51.94 AED190.74 | $87.35 ISK11,049 | |
| Movie ticket to theater/cinema | $12.93 AED47.50 | $17.18 ISK2,174 | |
Ras Al-khaimah vs. Reykjavik - Cost of entertainment and sports
pay 41.9% more for clothing
Ras Al-khaimah | Reykjavik | ||
|---|---|---|---|
| Regular jeans Levi's brand | $115.72 AED425.00 | $145.10 ISK18,353 | |
| Regular dress from H&M or similar store | $54.46 AED200.00 | $63.97 ISK8,091 | |
| Running shoes Nike or Adidas | $136.15 AED500.00 | $193.43 ISK24,467 | |
| Men's business shoes (leather) | $136.15 AED500.00 | $248.79 ISK31,470 | |
Ras Al-khaimah 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
Change currency:
Compare further: Ras Al-khaimah vs. Reykjavik
Compare countries by overall cost of living
See the cost of living in United Arab Emirates vs. Iceland. This provides a comparison of the average cost of living from cities within United Arab Emirates 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 Ras Al-khaimah. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.