Cost of living comparison
compared to
Montenegro vs. Reykjavik Cost of Living Summary
Montenegro is 47.8% cheaper than Reykjavik.
- Restaurants
-
pay 47.7% less in Montenegro
- Groceries
-
pay 54.4% less in Montenegro
- Transportation
-
pay 49.1% less in Montenegro
- Housing
-
pay 33.1% less in Montenegro
- Childcare
-
pay 37.8% less in Montenegro
- Entertainment and Sports
-
pay 64.7% less in Montenegro
- Clothing
-
pay 48.0% less in Montenegro
Expenses including entertainment and sports, groceries, transportation, clothing, restaurants, and childcare are lower in Montenegro.
Montenegro vs. Reykjavik Cost Breakdown
If you lived in Montenegro instead of Reykjavik, you would:
pay 47.7% less for restaurants
|
Reykjavik
|
Montenegro
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$27.48
ISK3,517
|
$12.46
€10.74
|
|
|
Fast food combo meal
McDonalds, or similar
|
$22.76
ISK2,913
|
$9.73
€8.39
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.34
ISK427
|
$2.21
€1.91
|
|
| Bottle of water (11 fl. oz) |
$2.70
ISK345
|
$1.48
€1.28
|
|
Reykjavik vs. Montenegro - Cost of restaurants
pay 54.4% less for groceries
|
Reykjavik
|
Montenegro
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.63
ISK593
|
$1.05
€0.91
|
|
| Local cheese (8 oz) |
$9.44
ISK1,208
|
$4.67
€4.03
|
|
| Milk (1 gallon) |
$7.63
ISK976
|
$5.04
€4.35
|
|
|
Eggs
1 dozen
|
$6.50
ISK832
|
$3.22
€2.78
|
|
| Boneless chicken breast (1 lb) |
$11.29
ISK1,445
|
$3.61
€3.11
|
|
| Apples (1 lb) |
$1.59
ISK204
|
$0.63
€0.54
|
|
| Bananas (1 lb) |
$1.17
ISK150
|
$0.80
€0.69
|
|
| Oranges (1 lb) |
$1.49
ISK190
|
$0.73
€0.63
|
|
| Tomatoes (1 lb) |
$2.54
ISK325
|
$1.25
€1.08
|
|
| Potatoes (1 lb) |
$1.70
ISK217
|
$0.46
€0.40
|
|
| Onions (1 lb) |
$1.13
ISK145
|
$0.54
€0.47
|
|
Reykjavik vs. Montenegro - Cost of groceries
pay 49.1% less for transportation
|
Reykjavik
|
Montenegro
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$9.66
ISK1,236
|
$6.61
€5.70
|
|
| Monthly public transit pass |
$88.58
ISK11,337
|
$36.99
€31.89
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$50,771.00
ISK6,497,672
|
$29,199.43
€25,179.46
|
|
| Taxi trip in downtown area (5 miles) |
$28.07
ISK3,592
|
$10.07
€8.68
|
|
Reykjavik vs. Montenegro - Cost of transportation
pay 33.1% less for housing
|
Reykjavik
|
Montenegro
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$81.97
ISK10,490
|
$31.59
€27.24
|
|
| 1-Bedroom apartment in downtown area |
$2,259.48
ISK289,169
|
$699.97
€603.60
|
|
| 1-Bedroom apartment outside city center |
$2,034.90
ISK260,427
|
$503.57
€434.24
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$60.87
ISK7,791
|
$105.52
€91.00
|
|
Reykjavik vs. Montenegro - Cost of housing
pay 37.8% less for childcare
|
Reykjavik
|
Montenegro
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$327.78
ISK41,949
|
$324.22
€279.59
|
|
| Middle school for 1 child, two semesters |
$30,711.08
ISK3,930,404
|
$7,794.11
€6,721.07
|
|
Reykjavik vs. Montenegro - Cost of childcare
pay 64.7% less for entertainment and sports
|
Reykjavik
|
Montenegro
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$13.12
ISK1,680
|
$2.93
€2.52
|
|
| Cappuccino in mid-range area |
$6.17
ISK790
|
$2.54
€2.19
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.94
ISK1,783
|
$4.19
€3.61
|
|
| Monthly membership at local gym |
$87.35
ISK11,179
|
$44.36
€38.25
|
|
| Movie ticket to theater/cinema |
$17.18
ISK2,199
|
$5.52
€4.76
|
|
Reykjavik vs. Montenegro - Cost of entertainment and sports
pay 48.0% less for clothing
|
Reykjavik
|
Montenegro
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$145.10
ISK18,569
|
$75.46
€65.07
|
|
|
Regular dress
from H&M or similar store
|
$63.97
ISK8,187
|
$39.04
€33.67
|
|
|
Running shoes
Nike or Adidas
|
$193.43
ISK24,755
|
$95.43
€82.29
|
|
| Men's business shoes (leather) |
$248.79
ISK31,840
|
$113.45
€97.83
|
|
Reykjavik vs. Montenegro - 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: December 2025
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See the
cost of living in Iceland vs. Montenegro.
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