Cost of living comparison

Iceland

compared to

United Arab Emirates

Ras Al-khaimah vs. Reykjavik Cost of Living Summary

Ras Al-khaimah is 54.9% cheaper than Reykjavik.

Restaurants: pay 67.1% less in Ras Al-khaimah
Groceries: pay 55.4% less in Ras Al-khaimah
Transportation: pay 33.0% less in Ras Al-khaimah
Housing: pay 59.4% less in Ras Al-khaimah
Childcare: pay 79.2% less in Ras Al-khaimah
Entertainment and Sports: pay 34.0% less in Ras Al-khaimah
Clothing: pay 39.8% less in Ras Al-khaimah

Expenses including childcare, restaurants, housing, groceries, clothing, and entertainment and sports are lower in Ras Al-khaimah.

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Ras Al-khaimah vs. Reykjavik Cost Breakdown

If you lived in Ras Al-khaimah instead of Reykjavik, you would:

Display currency: USD

pay 67.1% less for restaurants

	Reykjavik	Ras Al-khaimah
Basic meal with drink at inexpensive restaurant	$31.06 ISK3,763	$13.61 AED49.99	-56.2%
Fast food combo meal McDonalds, or similar	$26.97 ISK3,268	$7.62 AED28.00	-71.7%
Bottle of Coca-Cola (11 fl. oz)	$3.31 ISK402	$1.12 AED4.10	-66.3%
Bottle of water (11 fl. oz)	$3.11 ISK376	$0.46 AED1.70	-85.1%
Average			-67.1%

Reykjavik vs. Ras Al-khaimah - Cost of restaurants

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pay 55.4% less for groceries

	Reykjavik	Ras Al-khaimah
Bread 1 loaf	$4.19 ISK508	$2.04 AED7.47	-51.5%
Local cheese (8 oz)	$10.93 ISK1,324	$6.36 AED23.37	-41.8%
Milk (1 gallon)	$7.78 ISK942	$6.31 AED23.18	-18.8%
Eggs 1 dozen	$7.08 ISK858	$2.36 AED8.65	-66.7%
Boneless chicken breast (1 lb)	$11.00 ISK1,333	$4.42 AED16.25	-59.8%
Apples (1 lb)	$1.50 ISK182	$0.93 AED3.40	-38.4%
Bananas (1 lb)	$1.27 ISK154	$0.74 AED2.72	-41.6%
Oranges (1 lb)	$1.46 ISK177	$0.68 AED2.51	-53.1%
Tomatoes (1 lb)	$2.93 ISK355	$0.60 AED2.22	-79.4%
Potatoes (1 lb)	$1.78 ISK215	$0.43 AED1.59	-75.7%
Onions (1 lb)	$0.76 ISK92	$0.41 AED1.50	-45.9%
Average			-55.4%

Reykjavik vs. Ras Al-khaimah - Cost of groceries

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pay 33.0% less for transportation

	Reykjavik	Ras Al-khaimah
Gasoline (1 gallon)	$7.76 ISK941	$3.42 AED12.57	-55.9%
Monthly public transit pass	$94.80 ISK11,488	$113.67 AED417.45	+19.9%
New Volkswagen Golf 1.4 (standard edition)	$50,588.43 ISK6M	$45,421.06 AED167K	-10.2%
Taxi trip in downtown area (5 miles)	$29.26 ISK3,545	$8.20 AED30.12	-72.0%
Average			-33.0%

Reykjavik vs. Ras Al-khaimah - Cost of transportation

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pay 59.4% less for housing

	Reykjavik	Ras Al-khaimah
Internet connection 50 mbps or faster, cable/dsl	$86.01 ISK10,422	$78.28 AED287.47	-9.0%
1-Bedroom apartment in downtown area	$2,522.88 ISK306K	$764.37 AED2,807.14	-69.7%
1-Bedroom apartment outside city center	$2,032.25 ISK246K	$647.38 AED2,377.52	-68.1%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$73.44 ISK8,899	$94.21 AED345.97	+28.3%
Average			-59.4%

Reykjavik vs. Ras Al-khaimah - Cost of housing

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pay 79.2% less for childcare

	Reykjavik	Ras Al-khaimah
Private preschool for 1 child, monthly	$1,185.23 ISK144K	$293.54 AED1,078.01	-75.2%
Middle school for 1 child, two semesters	$25,853.51 ISK3M	$4,499.17 AED16,523.20	-82.6%
Average			-79.2%

Reykjavik vs. Ras Al-khaimah - Cost of childcare

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pay 34.0% less for entertainment and sports

	Reykjavik	Ras Al-khaimah
Domestic/local beer (1 pint)	$13.89 ISK1,684	$10.21 AED37.50	-26.5%
Cappuccino in mid-range area	$6.74 ISK817	$5.60 AED20.55	-17.0%
Pack of cigarettes Marlboro or similar	$13.89 ISK1,684	$6.81 AED25.00	-51.0%
Monthly membership at local gym	$100.25 ISK12,148	$57.05 AED209.50	-43.1%
Movie ticket to theater/cinema	$19.57 ISK2,372	$12.93 AED47.49	-33.9%
Average			-34.0%

Reykjavik vs. Ras Al-khaimah - Cost of entertainment and sports

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pay 39.8% less for clothing

	Reykjavik	Ras Al-khaimah
Regular jeans Levi's brand	$149.01 ISK18,058	$82.13 AED301.63	-44.9%
Regular dress from H&M or similar store	$65.79 ISK7,972	$52.18 AED191.65	-20.7%
Running shoes Nike or Adidas	$181.84 ISK22,035	$117.07 AED429.95	-35.6%
Men's business shoes (leather)	$248.81 ISK30,151	$115.71 AED424.95	-53.5%
Average			-39.8%

Reykjavik vs. Ras Al-khaimah - 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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