Cost of living in Reykjavik

  1. Cost of Living
  2. Iceland
  3. Reykjavik
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question_answer Tip: Try viewing our aggregate cost of living in Iceland to see the average cost of cities throughout Iceland, like Reykjavik, Keflavik, Akureyri, Hafnarfjorour, and more.
local_dining
Restaurants Cost Range  
Basic meal with drink at inexpensive restaurant $20.00
kr2,099
$14.55 - $23.45 help_outline
Fast food combo meal
McDonalds, or similar
 $12.58
kr1,320
$12.13 - $15.28 help_outline
Bottle of Coca-Cola (11 fl. oz) $2.58
kr271
$1.62 - $3.96 help_outline
Bottle of water (11 fl. oz) $2.03
kr213
$1.26 - $2.83 help_outline
Reykjavik - Cost of restaurants
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local_grocery_store
Groceries Cost Range  
Bread
1 loaf
 $3.09
kr325
$2.10 - $4.85 help_outline
Local cheese (8 oz) $7.07
kr742
$5.26 - $10.51 help_outline
Milk (1 gallon) $4.73
kr497
$4.44 - $5.20 help_outline
Eggs
1 dozen
 $4.96
kr521
$4.04 - $5.82 help_outline
Boneless chicken breast (1 lb) $7.15
kr751
$5.87 - $8.44 help_outline
Apples (1 lb) $0.98
kr103
$0.73 - $1.28 help_outline
Bananas (1 lb) $0.84
kr88
$0.73 - $1.00 help_outline
Oranges (1 lb) $1.04
kr109
$0.92 - $1.47 help_outline
Tomatoes (1 lb) $1.46
kr153
$1.08 - $2.02 help_outline
Potatoes (1 lb) $0.96
kr101
$0.77 - $1.10 help_outline
Onions (1 lb) $0.71
kr75
$0.29 - $1.02 help_outline
Reykjavik - Cost of groceries
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drive_eta
Transportation Cost Range  
Gasoline (1 gallon) $6.86
kr720
$6.58 - $7.19 help_outline
Monthly public transit pass $99.46
kr10,438
$99.46 - $103.50 help_outline
New Volkswagen Golf 1.4 (standard edition) $28,301.15
kr2,970,206
$26,279.64 - $34,365.69 help_outline
Taxi trip in downtown area (5 miles) $23.43
kr2,459
$21.23 - $35.00 help_outline
Reykjavik - Cost of transportation
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home
Housing Cost Range  
Internet connection
50 mbps or faster, cable/dsl
 $62.97
kr6,609
$40.43 - $80.86 help_outline
1-Bedroom apartment in downtown area $1,629.98
kr171,066
$1,212.91 - $2,021.51 help_outline
1-Bedroom apartment outside city center $1,332.97
kr139,895
$970.33 - $1,617.21 help_outline
Utilities for two (700 sq ft apartment)
including electric, gas, water, heating
 $72.80
kr7,641
$45.05 - $118.26 help_outline
Reykjavik - Cost of housing
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child_care
Childcare Cost Range  
Private preschool for 1 child, monthly $280.27
kr29,414
$209.94 - $363.87 help_outline
Middle school for 1 child, two semesters $7,681.74
kr806,199
$4,851.63 - $16,172.09 help_outline
Reykjavik - Cost of childcare
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gamepad
Entertainment and Sports Cost Range  
Domestic/local beer (1 pint) $9.70
kr1,018
$8.89 - $11.32 help_outline
Cappuccino in mid-range area $4.51
kr474
$3.64 - $5.26 help_outline
Pack of cigarettes
Marlboro or similar
 $11.24
kr1,180
$9.70 - $12.13 help_outline
Monthly membership at local gym $60.73
kr6,374
$48.52 - $92.42 help_outline
Movie ticket to theater/cinema $12.53
kr1,315
$11.32 - $13.75 help_outline
Reykjavik - Cost of entertainment and sports
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store
Clothing Cost Range  
Regular jeans
Levi's brand
 $113.34
kr11,895
$63.88 - $161.72 help_outline
Regular dress
from H&M or similar store
 $47.13
kr4,946
$32.34 - $76.82 help_outline
Running shoes
Nike or Adidas
 $140.90
kr14,787
$105.12 - $202.15 help_outline
Men's business shoes (leather) $188.81
kr19,816
$128.57 - $242.58 help_outline
Reykjavik - Cost of clothing
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The statistics on this page are calculated from 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 source collection.
Page last updated: March 2020
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