Cost of living comparison
compared to
Reykjavik vs. Thessaloniki Cost of Living Summary
Reykjavik is 2.2 times more expensive than Thessaloniki.
Reykjavik vs. Thessaloniki Cost Breakdown
If you lived in Reykjavik instead of Thessaloniki, you would:
pay 2.1 times more for restaurants
|
Thessaloniki
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$16.80
€15.00
|
$31.06
ISK3,784
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.20
€10.00
|
$26.97
ISK3,286
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.94
€2.63
|
$3.31
ISK404
|
|
| Bottle of water (11 fl. oz) |
$0.73
€0.65
|
$3.11
ISK378
|
|
Thessaloniki vs. Reykjavik - Cost of restaurants
pay 67.8% more for groceries
|
Thessaloniki
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.74
€1.56
|
$4.19
ISK511
|
|
| Local cheese (8 oz) |
$7.09
€6.33
|
$10.93
ISK1,332
|
|
| Milk (1 gallon) |
$6.57
€5.87
|
$7.78
ISK947
|
|
|
Eggs
1 dozen
|
$5.55
€4.95
|
$7.08
ISK862
|
|
| Boneless chicken breast (1 lb) |
$5.12
€4.58
|
$11.00
ISK1,340
|
|
| Apples (1 lb) |
$1.16
€1.04
|
$1.50
ISK183
|
|
| Bananas (1 lb) |
$0.99
€0.88
|
$1.27
ISK154
|
|
| Oranges (1 lb) |
$0.96
€0.86
|
$1.46
ISK178
|
|
| Tomatoes (1 lb) |
$1.28
€1.15
|
$2.93
ISK357
|
|
| Potatoes (1 lb) |
$0.57
€0.51
|
$1.78
ISK216
|
|
| Onions (1 lb) |
$0.55
€0.49
|
$0.76
ISK92
|
|
Thessaloniki vs. Reykjavik - Cost of groceries
pay 88.2% more for transportation
|
Thessaloniki
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.75
€7.81
|
$7.76
ISK946
|
|
| Monthly public transit pass |
$17.92
€16.00
|
$94.80
ISK11,550
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$27,970.99
€24,975.22
|
$50,588.43
ISK6M
|
|
| Taxi trip in downtown area (5 miles) |
$13.16
€11.75
|
$29.26
ISK3,564
|
|
Thessaloniki vs. Reykjavik - Cost of transportation
pay 2.9 times more for housing
|
Thessaloniki
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$30.47
€27.21
|
$86.01
ISK10,478
|
|
| 1-Bedroom apartment in downtown area |
$627.05
€559.89
|
$2,522.88
ISK307K
|
|
| 1-Bedroom apartment outside city center |
$492.02
€439.33
|
$2,032.25
ISK248K
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$164.11
€146.53
|
$73.44
ISK8,947
|
|
Thessaloniki vs. Reykjavik - Cost of housing
pay 2.7 times more for childcare
|
Thessaloniki
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$476.59
€425.54
|
$1,185.23
ISK144K
|
|
| Middle school for 1 child, two semesters |
$9,030.67
€8,063.46
|
$25,853.51
ISK3M
|
|
Thessaloniki vs. Reykjavik - Cost of childcare
pay 99.7% more for entertainment and sports
|
Thessaloniki
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.60
€5.00
|
$13.89
ISK1,693
|
|
| Cappuccino in mid-range area |
$4.21
€3.76
|
$6.74
ISK821
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.60
€5.00
|
$13.89
ISK1,693
|
|
| Monthly membership at local gym |
$51.63
€46.10
|
$100.25
ISK12,214
|
|
| Movie ticket to theater/cinema |
$10.36
€9.25
|
$19.57
ISK2,385
|
|
Thessaloniki vs. Reykjavik - Cost of entertainment and sports
pay 58.5% more for clothing
|
Thessaloniki
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$96.78
€86.41
|
$149.01
ISK18,154
|
|
|
Regular dress
from H&M or similar store
|
$45.46
€40.59
|
$65.79
ISK8,015
|
|
|
Running shoes
Nike or Adidas
|
$121.17
€108.19
|
$181.84
ISK22,154
|
|
| Men's business shoes (leather) |
$131.78
€117.67
|
$248.81
ISK30,313
|
|
Thessaloniki vs. Reykjavik - Cost of clothing
We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated November 2026). How we calculate this
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Compare further: Thessaloniki vs. Reykjavik
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