Cost of living in Reykjavik
compared to
Tip: Try viewing our aggregate cost of living in Iceland
to see the average cost of cities throughout Iceland, like
Akureyri,
Hafnarfjorour,
Keflavik,
Reykjavik,
and more.
|
Cost
|
Range | |
|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$21.59
ISK2,928
|
$14.32
-
$32.38
|
|
Fast food combo meal
McDonalds, or similar
|
$17.27
ISK2,343
|
$14.39
-
$17.99
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.90
ISK394
|
$2.01
-
$3.96
|
| Bottle of water (11 fl. oz) |
$2.07
ISK281
|
$1.44
-
$3.45
|
Reykjavik - Cost of restaurants
|
Cost
|
Range | |
|---|---|---|
|
Bread
1 loaf
|
$3.68
ISK500
|
$2.30
-
$7.20
|
| Local cheese (8 oz) |
$7.66
ISK1,039
|
$4.32
-
$10.79
|
| Milk (1 gallon) |
$6.16
ISK836
|
$5.39
-
$8.17
|
|
Eggs
1 dozen
|
$5.91
ISK802
|
$4.32
-
$7.77
|
| Boneless chicken breast (1 lb) |
$8.87
ISK1,204
|
$4.90
-
$12.07
|
| Apples (1 lb) |
$1.53
ISK207
|
$0.82
-
$2.44
|
| Bananas (1 lb) |
$0.97
ISK131
|
$0.78
-
$1.47
|
| Oranges (1 lb) |
$1.26
ISK171
|
$0.90
-
$2.91
|
| Tomatoes (1 lb) |
$2.23
ISK302
|
$1.06
-
$3.26
|
| Potatoes (1 lb) |
$1.42
ISK192
|
$0.73
-
$1.80
|
| Onions (1 lb) |
$1.01
ISK137
|
$0.39
-
$1.83
|
Reykjavik - Cost of groceries
|
Cost
|
Range | |
|---|---|---|
| Gasoline (1 gallon) |
$8.57
ISK1,163
|
$7.90
-
$9.48
|
| Monthly public transit pass |
$66.92
ISK9,078
|
$64.76
-
$86.34
|
| New Volkswagen Golf 1.4 (standard edition) |
$41,660.67
ISK5,651,687
|
$36,695.93
-
$42,380.20
|
| Taxi trip in downtown area (5 miles) |
$23.30
ISK3,161
|
$22.52
-
$34.03
|
Reykjavik - Cost of transportation
|
Cost
|
Range | |
|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$68.45
ISK9,286
|
$45.33
-
$100.73
|
| 1-Bedroom apartment in downtown area |
$1,864.13
ISK252,888
|
$1,439.09
-
$2,158.58
|
| 1-Bedroom apartment outside city center |
$1,666.20
ISK226,036
|
$1,439.06
-
$2,014.68
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$64.43
ISK8,741
|
$37.97
-
$137.56
|
Reykjavik - Cost of housing
|
Cost
|
Range | |
|---|---|---|
| Private preschool for 1 child, monthly |
$240.37
ISK32,608
|
$208.66
-
$359.76
|
| Middle school for 1 child, two semesters |
$5,984.07
ISK811,800
|
$4,461.07
-
$8,994.10
|
Reykjavik - Cost of childcare
|
Cost
|
Range | |
|---|---|---|
| Domestic/local beer (1 pint) |
$10.79
ISK1,464
|
$8.63
-
$13.60
|
| Cappuccino in mid-range area |
$5.09
ISK690
|
$3.60
-
$6.48
|
|
Pack of cigarettes
Marlboro or similar
|
$11.87
ISK1,611
|
$10.79
-
$14.39
|
| Monthly membership at local gym |
$65.50
ISK8,886
|
$47.97
-
$100.73
|
| Movie ticket to theater/cinema |
$14.39
ISK1,952
|
$12.23
-
$16.55
|
Reykjavik - Cost of entertainment and sports
|
Cost
|
Range | |
|---|---|---|
|
Regular jeans
Levi's brand
|
$103.94
ISK14,101
|
$57.56
-
$158.30
|
|
Regular dress
from H&M or similar store
|
$43.50
ISK5,901
|
$27.34
-
$93.54
|
|
Running shoes
Nike or Adidas
|
$141.47
ISK19,192
|
$73.39
-
$212.26
|
| Men's business shoes (leather) |
$174.65
ISK23,693
|
$109.37
-
$251.83
|
Reykjavik - Cost of clothing
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