Cost of living comparison

Iceland

compared to

Spain

Puerto de la Cruz vs. Reykjavik Cost of Living Summary

Puerto de la Cruz is 48.6% cheaper than Reykjavik.

Restaurants: pay 57.4% less in Puerto de la Cruz
Groceries: pay 42.5% less in Puerto de la Cruz
Transportation: pay 33.6% less in Puerto de la Cruz
Housing: pay 46.5% less in Puerto de la Cruz
Childcare: pay 67.9% less in Puerto de la Cruz
Entertainment and Sports: pay 67.1% less in Puerto de la Cruz
Clothing: pay 46.3% less in Puerto de la Cruz

Expenses including childcare, entertainment and sports, restaurants, housing, clothing, and groceries are lower in Puerto de la Cruz.

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Puerto de la Cruz vs. Reykjavik Cost Breakdown

If you lived in Puerto de la Cruz instead of Reykjavik, you would:

Display currency: USD

pay 57.4% less for restaurants

	Reykjavik	Puerto de la Cruz
Basic meal with drink at inexpensive restaurant	$31.06 ISK3,782	$13.44 €11.99	-56.7%
Fast food combo meal McDonalds, or similar	$26.97 ISK3,284	$10.08 €8.99	-62.6%
Bottle of Coca-Cola (11 fl. oz)	$3.31 ISK404	$1.87 €1.67	-43.7%
Bottle of water (11 fl. oz)	$3.11 ISK378	$1.49 €1.33	-51.9%
Average			-57.4%

Reykjavik vs. Puerto de la Cruz - Cost of restaurants

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pay 42.5% less for groceries

	Reykjavik	Puerto de la Cruz
Bread 1 loaf	$4.19 ISK511	$1.67 €1.49	-60.2%
Local cheese (8 oz)	$10.93 ISK1,331	$6.05 €5.40	-44.7%
Milk (1 gallon)	$7.78 ISK947	$4.24 €3.78	-45.5%
Eggs 1 dozen	$7.08 ISK862	$3.61 €3.22	-49.0%
Boneless chicken breast (1 lb)	$11.00 ISK1,340	$4.51 €4.02	-59.0%
Apples (1 lb)	$1.50 ISK183	$1.17 €1.04	-22.3%
Bananas (1 lb)	$1.27 ISK154	$0.97 €0.86	-23.9%
Oranges (1 lb)	$1.46 ISK178	$0.66 €0.59	-54.7%
Tomatoes (1 lb)	$2.93 ISK357	$1.16 €1.03	-60.5%
Potatoes (1 lb)	$1.78 ISK216	$1.07 €0.95	-39.9%
Onions (1 lb)	$0.76 ISK92	$1.07 €0.96	+41.5%
Average			-42.5%

Reykjavik vs. Puerto de la Cruz - Cost of groceries

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pay 33.6% less for transportation

	Reykjavik	Puerto de la Cruz
Gasoline (1 gallon)	$7.76 ISK946	$6.38 €5.69	-17.8%
Monthly public transit pass	$94.80 ISK11,545	$42.55 €37.98	-55.1%
New Volkswagen Golf 1.4 (standard edition)	$50,588.43 ISK6M	$35,271.67 €31,481.31	-30.3%
Taxi trip in downtown area (5 miles)	$29.26 ISK3,563	$21.27 €18.99	-27.3%
Average			-33.6%

Reykjavik vs. Puerto de la Cruz - Cost of transportation

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pay 46.5% less for housing

	Reykjavik	Puerto de la Cruz
Internet connection 50 mbps or faster, cable/dsl	$86.01 ISK10,474	$28.45 €25.39	-66.9%
1-Bedroom apartment in downtown area	$2,522.88 ISK307K	$1,119.74 €999.41	-55.6%
1-Bedroom apartment outside city center	$2,032.25 ISK247K	$1,035.76 €924.45	-49.0%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$73.44 ISK8,943	$86.26 €76.99	+17.5%
Average			-46.5%

Reykjavik vs. Puerto de la Cruz - Cost of housing

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pay 67.9% less for childcare

	Reykjavik	Puerto de la Cruz
Private preschool for 1 child, monthly	$1,185.23 ISK144K	$474.74 €423.72	-59.9%
Middle school for 1 child, two semesters	$25,853.51 ISK3M	$6,632.47 €5,919.73	-74.3%
Average			-67.9%

Reykjavik vs. Puerto de la Cruz - Cost of childcare

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pay 67.1% less for entertainment and sports

	Reykjavik	Puerto de la Cruz
Domestic/local beer (1 pint)	$13.89 ISK1,692	$2.80 €2.50	-79.9%
Cappuccino in mid-range area	$6.74 ISK821	$2.54 €2.27	-62.4%
Pack of cigarettes Marlboro or similar	$13.89 ISK1,692	$4.09 €3.65	-70.6%
Monthly membership at local gym	$100.25 ISK12,209	??
Movie ticket to theater/cinema	$19.57 ISK2,384	$8.96 €8.00	-54.2%
Average			-67.1%

Reykjavik vs. Puerto de la Cruz - Cost of entertainment and sports

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pay 46.3% less for clothing

	Reykjavik	Puerto de la Cruz
Regular jeans Levi's brand	$149.01 ISK18,147	$88.18 €78.70	-40.8%
Regular dress from H&M or similar store	$65.79 ISK8,012	$37.79 €33.73	-42.6%
Running shoes Nike or Adidas	$181.84 ISK22,145	$90.98 €81.20	-50.0%
Men's business shoes (leather)	$248.81 ISK30,300	$121.77 €108.69	-51.1%
Average			-46.3%

Reykjavik vs. Puerto de la Cruz - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

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