Cost of living comparison
compared to
Reykjavik vs. Yerevan Cost of Living Summary
Reykjavik is 2.9 times more expensive than Yerevan.
- Restaurants
-
pay 3.5 times more in Reykjavik
- Groceries
-
pay 2.9 times more in Reykjavik
- Transportation
-
pay 3.3 times more in Reykjavik
- Housing
-
pay 2.9 times more in Reykjavik
- Childcare
-
pay 2.6 times more in Reykjavik
- Entertainment and Sports
-
pay 3.6 times more in Reykjavik
- Clothing
-
pay 40.0% more in Reykjavik
The cost of entertainment and sports, restaurants, transportation, housing, groceries, and childcare in Reykjavik are more expensive than in Yerevan. Notably, entertainment and sports, restaurants, and transportation are significantly more expensive in Reykjavik.
Reykjavik vs. Yerevan Cost Breakdown
If you lived in Reykjavik instead of Yerevan, you would:
pay 3.5 times more for restaurants
|
Yerevan
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$10.44
AMD3,961.55
|
$27.48
ISK3,517
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.83
AMD2,971.16
|
$22.76
ISK2,913
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.00
AMD378.25
|
$3.34
ISK427
|
|
| Bottle of water (11 fl. oz) |
$0.53
AMD200.63
|
$2.70
ISK345
|
|
Yerevan vs. Reykjavik - Cost of restaurants
pay 2.9 times more for groceries
|
Yerevan
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.83
AMD315.04
|
$4.63
ISK593
|
|
| Local cheese (8 oz) |
$3.82
AMD1,450.21
|
$9.44
ISK1,208
|
|
| Milk (1 gallon) |
$6.06
AMD2,300.04
|
$7.63
ISK976
|
|
|
Eggs
1 dozen
|
$2.47
AMD938.04
|
$6.50
ISK832
|
|
| Boneless chicken breast (1 lb) |
$3.35
AMD1,272.13
|
$11.29
ISK1,445
|
|
| Apples (1 lb) |
$0.61
AMD231.03
|
$1.59
ISK204
|
|
| Bananas (1 lb) |
$0.76
AMD289.37
|
$1.17
ISK150
|
|
| Oranges (1 lb) |
$0.82
AMD309.80
|
$1.49
ISK190
|
|
| Tomatoes (1 lb) |
$0.97
AMD366.99
|
$2.54
ISK325
|
|
| Potatoes (1 lb) |
$0.37
AMD141.42
|
$1.70
ISK217
|
|
| Onions (1 lb) |
$0.35
AMD133.40
|
$1.13
ISK145
|
|
Yerevan vs. Reykjavik - Cost of groceries
pay 3.3 times more for transportation
|
Yerevan
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.17
AMD1,961.75
|
$9.66
ISK1,236
|
|
| Monthly public transit pass |
$23.49
AMD8,913.49
|
$88.58
ISK11,337
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$33,670.18
AMD12,776,007.36
|
$50,771.00
ISK6,497,672
|
|
| Taxi trip in downtown area (5 miles) |
$4.62
AMD1,752.99
|
$28.07
ISK3,592
|
|
Yerevan vs. Reykjavik - Cost of transportation
pay 2.9 times more for housing
|
Yerevan
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$19.36
AMD7,346.10
|
$81.97
ISK10,490
|
|
| 1-Bedroom apartment in downtown area |
$753.04
AMD285,739.69
|
$2,259.48
ISK289,169
|
|
| 1-Bedroom apartment outside city center |
$552.33
AMD209,580.77
|
$2,034.90
ISK260,427
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$95.83
AMD36,361.68
|
$60.87
ISK7,791
|
|
Yerevan vs. Reykjavik - Cost of housing
pay 2.6 times more for childcare
|
Yerevan
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$346.56
AMD131,501.54
|
$327.78
ISK41,949
|
|
| Middle school for 1 child, two semesters |
$7,090.75
AMD2,690,554.52
|
$30,711.08
ISK3,930,404
|
|
Yerevan vs. Reykjavik - Cost of childcare
pay 3.6 times more for entertainment and sports
|
Yerevan
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.83
AMD693.27
|
$13.12
ISK1,680
|
|
| Cappuccino in mid-range area |
$3.39
AMD1,288.15
|
$6.17
ISK790
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.61
AMD990.39
|
$13.94
ISK1,783
|
|
| Monthly membership at local gym |
$94.61
AMD35,901.00
|
$87.35
ISK11,179
|
|
| Movie ticket to theater/cinema |
$6.53
AMD2,475.97
|
$17.18
ISK2,199
|
|
Yerevan vs. Reykjavik - Cost of entertainment and sports
pay 40.0% more for clothing
|
Yerevan
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$110.06
AMD41,762.20
|
$145.10
ISK18,569
|
|
|
Regular dress
from H&M or similar store
|
$60.20
AMD22,844.22
|
$63.97
ISK8,187
|
|
|
Running shoes
Nike or Adidas
|
$138.28
AMD52,469.79
|
$193.43
ISK24,755
|
|
| Men's business shoes (leather) |
$136.55
AMD51,812.94
|
$248.79
ISK31,840
|
|
Yerevan 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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