Cost of living comparison

compared to

Monastir vs. Reykjavik Cost of Living Summary

Monastir is 68.8% cheaper than Reykjavik.

Restaurants: pay 82.8% less in Monastir
Groceries: pay 61.7% less in Monastir
Transportation: pay 65.3% less in Monastir
Housing: pay 71.6% less in Monastir
Childcare: pay 78.4% less in Monastir
Entertainment and Sports: pay 77.0% less in Monastir
Clothing: pay 44.7% less in Monastir

Expenses including restaurants, childcare, entertainment and sports, housing, transportation, and groceries are lower in Monastir.

Monastir vs. Reykjavik Cost Breakdown

If you lived in Monastir instead of Reykjavik, you would:

Display currency: USD

pay 82.8% less for restaurants

	Reykjavik	Monastir
Basic meal with drink at inexpensive restaurant	$27.48 ISK3,517	$3.77 TND11.070	-86.3%
Fast food combo meal McDonalds, or similar	$22.76 ISK2,913	$5.14 TND15.090	-77.4%
Bottle of Coca-Cola (11 fl. oz)	$3.34 ISK427	$0.71 TND2.070	-78.8%
Bottle of water (11 fl. oz)	$2.70 ISK345	$0.31 TND0.900	-88.7%
Average			-82.8%

Reykjavik vs. Monastir - Cost of restaurants

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pay 61.7% less for groceries

	Reykjavik	Monastir
Bread 1 loaf	$4.63 ISK593	$0.16 TND0.480	-96.5%
Local cheese (8 oz)	$9.44 ISK1,208	$6.58 TND19.290	-30.3%
Milk (1 gallon)	$7.63 ISK976	$1.88 TND5.500	-75.4%
Eggs 1 dozen	$6.50 ISK832	$1.54 TND4.520	-76.3%
Boneless chicken breast (1 lb)	$11.29 ISK1,445	$2.74 TND8.040	-75.7%
Apples (1 lb)	$1.59 ISK204	$0.78 TND2.280	-51.1%
Bananas (1 lb)	$1.17 ISK150	$1.53 TND4.500	+31.0%
Oranges (1 lb)	$1.49 ISK190	$0.53 TND1.550	-64.4%
Tomatoes (1 lb)	$2.54 ISK325	$0.32 TND0.950	-87.2%
Potatoes (1 lb)	$1.70 ISK217	$0.34 TND1.000	-79.9%
Onions (1 lb)	$1.13 ISK145	$0.30 TND0.890	-73.1%
Average			-61.7%

Reykjavik vs. Monastir - Cost of groceries

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pay 65.3% less for transportation

	Reykjavik	Monastir
Gasoline (1 gallon)	$9.66 ISK1,236	$3.27 TND9.600	-66.1%
Monthly public transit pass	$88.58 ISK11,337	$11.55 TND33.870	-87.0%
New Volkswagen Golf 1.4 (standard edition)	$50,771.00 ISK6,497,672	$41,157.36 TND120,731.570	-18.9%
Taxi trip in downtown area (5 miles)	$28.07 ISK3,592	$3.05 TND8.950	-89.1%
Average			-65.3%

Reykjavik vs. Monastir - Cost of transportation

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pay 71.6% less for housing

	Reykjavik	Monastir
Internet connection 50 mbps or faster, cable/dsl	$81.97 ISK10,490	$18.69 TND54.830	-77.2%
1-Bedroom apartment in downtown area	$2,259.48 ISK289,169	$208.62 TND611.970	-90.8%
1-Bedroom apartment outside city center	$2,034.90 ISK260,427	$137.37 TND402.950	-93.2%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$60.87 ISK7,791	$45.58 TND133.700	-25.1%
Average			-71.6%

Reykjavik vs. Monastir - Cost of housing

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pay 78.4% less for childcare

	Reykjavik	Monastir
Private preschool for 1 child, monthly	$327.78 ISK41,949	$107.18 TND314.410	-67.3%
Middle school for 1 child, two semesters	$30,711.08 ISK3,930,404	$3,230.85 TND9,477.430	-89.5%
Average			-78.4%

Reykjavik vs. Monastir - Cost of childcare

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pay 77.0% less for entertainment and sports

	Reykjavik	Monastir
Domestic/local beer (1 pint)	$13.12 ISK1,680	$1.71 TND5.030	-86.9%
Cappuccino in mid-range area	$6.17 ISK790	$1.01 TND2.980	-83.6%
Pack of cigarettes Marlboro or similar	$13.94 ISK1,783	$3.52 TND10.310	-74.8%
Monthly membership at local gym	$87.35 ISK11,179	$24.87 TND72.940	-71.5%
Movie ticket to theater/cinema	$17.18 ISK2,199	$5.49 TND16.100	-68.1%
Average			-77.0%

Reykjavik vs. Monastir - Cost of entertainment and sports

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pay 44.7% less for clothing

	Reykjavik	Monastir
Regular jeans Levi's brand	$145.10 ISK18,569	$46.95 TND137.710	-67.6%
Regular dress from H&M or similar store	$63.97 ISK8,187	$61.74 TND181.100	-3.5%
Running shoes Nike or Adidas	$193.43 ISK24,755	$113.36 TND332.530	-41.4%
Men's business shoes (leather)	$248.79 ISK31,840	$84.03 TND246.490	-66.2%
Average			-44.7%

Reykjavik vs. Monastir - 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: December 2025

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