Cost of living comparison
compared to
Herceg Novi vs. Reykjavik Cost of Living Summary
Herceg Novi is 41.6% cheaper than Reykjavik.
Herceg Novi vs. Reykjavik Cost Breakdown
If you lived in Herceg Novi instead of Reykjavik, you would:
pay 42.3% less for restaurants
Reykjavik | Herceg Novi | ||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant | $27.48 ISK3,476 | $11.68 €10.25 | |
| Fast food combo meal McDonalds, or similar | $22.76 ISK2,879 | $10.51 €9.23 | |
| Bottle of Coca-Cola (11 fl. oz) | $3.34 ISK422 | $2.57 €2.26 | |
| Bottle of water (11 fl. oz) | $2.70 ISK341 | $1.75 €1.54 | |
Reykjavik vs. Herceg Novi - Cost of restaurants
pay 53.2% less for groceries
Reykjavik | Herceg Novi | ||
|---|---|---|---|
| Bread 1 loaf | $4.63 ISK586 | $0.98 €0.86 | |
| Local cheese (8 oz) | $9.44 ISK1,194 | $4.56 €4.00 | |
| Milk (1 gallon) | $7.63 ISK965 | $5.34 €4.69 | |
| Eggs 1 dozen | $6.50 ISK822 | $3.24 €2.84 | |
| Boneless chicken breast (1 lb) | $11.29 ISK1,428 | $3.42 €3.00 | |
| Apples (1 lb) | $1.59 ISK201 | $0.60 €0.52 | |
| Bananas (1 lb) | $1.17 ISK148 | $0.74 €0.65 | |
| Oranges (1 lb) | $1.49 ISK188 | $0.82 €0.72 | |
| Tomatoes (1 lb) | $2.54 ISK321 | $1.40 €1.22 | |
| Potatoes (1 lb) | $1.70 ISK215 | $0.47 €0.41 | |
| Onions (1 lb) | $1.13 ISK143 | $0.64 €0.56 | |
Reykjavik vs. Herceg Novi - Cost of groceries
pay 42.5% less for transportation
Reykjavik | Herceg Novi | ||
|---|---|---|---|
| Gasoline (1 gallon) | $9.66 ISK1,222 | $6.53 €5.74 | |
| Monthly public transit pass | $88.58 ISK11,205 | $46.72 €41.02 | |
| New Volkswagen Golf 1.4 (standard edition) | $50,771.00 ISK6M | $33,871.70 €29,739.42 | |
| Taxi trip in downtown area (5 miles) | $28.07 ISK3,550 | $12.03 €10.56 | |
Reykjavik vs. Herceg Novi - Cost of transportation
pay 26.1% less for housing
Reykjavik | Herceg Novi | ||
|---|---|---|---|
| Internet connection 50 mbps or faster, cable/dsl | $81.97 ISK10,368 | $32.87 €28.86 | |
| 1-Bedroom apartment in downtown area | $2,259.48 ISK286K | $784.22 €688.55 | |
| 1-Bedroom apartment outside city center | $2,034.90 ISK257K | $478.88 €420.45 | |
| Utilities for two (700 sq ft apartment) including electric, gas, water, heating | $60.87 ISK7,700 | $120.08 €105.43 | |
Reykjavik vs. Herceg Novi - Cost of housing
pay 16.9% less for childcare
Reykjavik | Herceg Novi | ||
|---|---|---|---|
| Private preschool for 1 child, monthly | $327.78 ISK41,461 | $467.20 €410.20 | |
| Middle school for 1 child, two semesters | $30,711.08 ISK4M | $7,270.74 €6,383.72 | |
Reykjavik vs. Herceg Novi - Cost of childcare
pay 58.5% less for entertainment and sports
Reykjavik | Herceg Novi | ||
|---|---|---|---|
| Domestic/local beer (1 pint) | $13.12 ISK1,660 | $3.21 €2.82 | |
| Cappuccino in mid-range area | $6.17 ISK781 | $2.55 €2.24 | |
| Pack of cigarettes Marlboro or similar | $13.94 ISK1,763 | $3.80 €3.33 | |
| Monthly membership at local gym | $87.35 ISK11,049 | $58.40 €51.27 | |
| Movie ticket to theater/cinema | $17.18 ISK2,174 | $8.18 €7.18 | |
Reykjavik vs. Herceg Novi - Cost of entertainment and sports
pay 51.4% less for clothing
Reykjavik | Herceg Novi | ||
|---|---|---|---|
| Regular jeans Levi's brand | $145.10 ISK18,353 | $87.60 €76.91 | |
| Regular dress from H&M or similar store | $63.97 ISK8,091 | $35.04 €30.76 | |
| Running shoes Nike or Adidas | $193.43 ISK24,467 | $75.92 €66.66 | |
| Men's business shoes (leather) | $248.79 ISK31,470 | $99.28 €87.17 | |
Reykjavik vs. Herceg Novi - 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
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