Reykjavik vs. Tel Aviv-Yafo Cost of Living Summary

Reykjavik is 23.4% more expensive than Tel Aviv-Yafo.

Restaurants
pay 12.9% more in Reykjavik
Groceries
pay 31.6% more in Reykjavik
Transportation
pay 61.6% more in Reykjavik
Housing
pay 39.2% more in Reykjavik
Childcare
pay 30.5% less in Reykjavik
Entertainment and Sports
pay 23.1% more in Reykjavik
Clothing
pay 25.6% more in Reykjavik

The cost of transportation, housing, groceries, clothing, entertainment and sports, and restaurants in Reykjavik are more expensive than in Tel Aviv-Yafo.

Reykjavik vs. Tel Aviv-Yafo Cost Breakdown

If you lived in Reykjavik instead of Tel Aviv-Yafo, you would:

pay 12.9% more for restaurants

 
Tel Aviv-Yafo
Reykjavik
Basic meal with drink at inexpensive restaurant $23.12
₪71.92
$27.48
ISK3,372
Fast food combo meal
McDonalds, or similar
$17.90
₪55.68
$22.76
ISK2,793
Bottle of Coca-Cola (11 fl. oz) $3.25
₪10.10
$3.34
ISK409

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pay 31.6% more for groceries

 
Tel Aviv-Yafo
Reykjavik
Bread
1 loaf
$3.07
₪9.56
$4.63
ISK569
Local cheese (8 oz) $8.68
₪26.99
$9.44
ISK1,158
Milk (1 gallon) $8.26
₪25.70
$7.63
ISK936

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pay 61.6% more for transportation

 
Tel Aviv-Yafo
Reykjavik
Gasoline (1 gallon) $8.31
₪25.84
$9.66
ISK1,185
Monthly public transit pass $79.65
₪247.78
$88.58
ISK10,870
New Volkswagen Golf 1.4 (standard edition) $50,715.99
₪158K
$50,771.00
ISK6M

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pay 39.2% more for housing

 
Tel Aviv-Yafo
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$32.68
₪101.66
$81.97
ISK10,058
1-Bedroom apartment in downtown area $1,801.16
₪5,602.92
$2,259.48
ISK277K
1-Bedroom apartment outside city center $1,339.77
₪4,167.66
$2,034.90
ISK250K

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pay 30.5% less for childcare

 
Tel Aviv-Yafo
Reykjavik
Private preschool for 1 child, monthly $1,392.66
₪4,332.17
$327.78
ISK40,222
Middle school for 1 child, two semesters $26,581.15
₪82,686.63
$30,711.08
ISK4M

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pay 23.1% more for entertainment and sports

 
Tel Aviv-Yafo
Reykjavik
Domestic/local beer (1 pint) $9.55
₪29.70
$13.12
ISK1,610
Cappuccino in mid-range area $4.40
₪13.70
$6.17
ISK758
Pack of cigarettes
Marlboro or similar
$12.53
₪38.98
$13.94
ISK1,710

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pay 25.6% more for clothing

 
Tel Aviv-Yafo
Reykjavik
Regular jeans
Levi's brand
$115.96
₪360.73
$145.10
ISK17,805
Regular dress
from H&M or similar store
$70.18
₪218.30
$63.97
ISK7,850
Running shoes
Nike or Adidas
$144.76
₪450.30
$193.43
ISK23,736

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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: February 2026
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