Cost of living comparison
compared to
Reykjavik vs. Tokyo Cost of Living Summary
Reykjavik is 2.1 times more expensive than Tokyo.
- Restaurants
-
pay 3.5 times more in Reykjavik
- Groceries
-
pay 52.7% more in Reykjavik
- Transportation
-
pay 64.0% more in Reykjavik
- Housing
-
pay 2.1 times more in Reykjavik
- Childcare
-
pay 33.0% more in Reykjavik
- Entertainment and Sports
-
pay 2.2 times more in Reykjavik
- Clothing
-
pay 2.5 times more in Reykjavik
The cost of restaurants, clothing, entertainment and sports, housing, transportation, and groceries in Reykjavik are more expensive than in Tokyo. Notably, restaurants, clothing, and entertainment and sports are significantly more expensive in Reykjavik.
Reykjavik vs. Tokyo Cost Breakdown
If you lived in Reykjavik instead of Tokyo, you would:
pay 3.5 times more for restaurants
|
Tokyo
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$8.02
¥1,252
|
$27.48
ISK3,517
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.01
¥783
|
$22.76
ISK2,913
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.16
¥181
|
$3.34
ISK427
|
|
| Bottle of water (11 fl. oz) |
$0.84
¥132
|
$2.70
ISK345
|
|
Tokyo vs. Reykjavik - Cost of restaurants
pay 52.7% more for groceries
|
Tokyo
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.55
¥243
|
$4.63
ISK593
|
|
| Local cheese (8 oz) |
$7.21
¥1,126
|
$9.44
ISK1,208
|
|
| Milk (1 gallon) |
$5.71
¥892
|
$7.63
ISK976
|
|
|
Eggs
1 dozen
|
$2.33
¥364
|
$6.50
ISK832
|
|
| Boneless chicken breast (1 lb) |
$3.52
¥550
|
$11.29
ISK1,445
|
|
| Apples (1 lb) |
$2.38
¥371
|
$1.59
ISK204
|
|
| Bananas (1 lb) |
$1.18
¥184
|
$1.17
ISK150
|
|
| Oranges (1 lb) |
$2.48
¥387
|
$1.49
ISK190
|
|
| Tomatoes (1 lb) |
$2.64
¥412
|
$2.54
ISK325
|
|
| Potatoes (1 lb) |
$1.43
¥223
|
$1.70
ISK217
|
|
| Onions (1 lb) |
$1.48
¥231
|
$1.13
ISK145
|
|
Tokyo vs. Reykjavik - Cost of groceries
pay 64.0% more for transportation
|
Tokyo
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.50
¥703
|
$9.66
ISK1,236
|
|
| Monthly public transit pass |
$73.51
¥11,479
|
$88.58
ISK11,337
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$22,332.63
¥3,487,575
|
$50,771.00
ISK6,497,672
|
|
| Taxi trip in downtown area (5 miles) |
$30.07
¥4,696
|
$28.07
ISK3,592
|
|
Tokyo vs. Reykjavik - Cost of transportation
pay 2.1 times more for housing
|
Tokyo
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$33.44
¥5,223
|
$81.97
ISK10,490
|
|
| 1-Bedroom apartment in downtown area |
$1,071.65
¥167,355
|
$2,259.48
ISK289,169
|
|
| 1-Bedroom apartment outside city center |
$642.24
¥100,295
|
$2,034.90
ISK260,427
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$122.16
¥19,077
|
$60.87
ISK7,791
|
|
Tokyo vs. Reykjavik - Cost of housing
pay 33.0% more for childcare
|
Tokyo
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$519.69
¥81,157
|
$327.78
ISK41,949
|
|
| Middle school for 1 child, two semesters |
$15,131.74
¥2,363,048
|
$30,711.08
ISK3,930,404
|
|
Tokyo vs. Reykjavik - Cost of childcare
pay 2.2 times more for entertainment and sports
|
Tokyo
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.01
¥626
|
$13.12
ISK1,680
|
|
| Cappuccino in mid-range area |
$3.43
¥536
|
$6.17
ISK790
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.01
¥626
|
$13.94
ISK1,783
|
|
| Monthly membership at local gym |
$68.19
¥10,648
|
$87.35
ISK11,179
|
|
| Movie ticket to theater/cinema |
$12.70
¥1,983
|
$17.18
ISK2,199
|
|
Tokyo vs. Reykjavik - Cost of entertainment and sports
pay 2.5 times more for clothing
|
Tokyo
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$56.84
¥8,876
|
$145.10
ISK18,569
|
|
|
Regular dress
from H&M or similar store
|
$40.48
¥6,322
|
$63.97
ISK8,187
|
|
|
Running shoes
Nike or Adidas
|
$62.67
¥9,787
|
$193.43
ISK24,755
|
|
| Men's business shoes (leather) |
$90.37
¥14,113
|
$248.79
ISK31,840
|
|
Tokyo vs. Reykjavik - 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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