Cost of living comparison

Switzerland

compared to

Iceland

Reykjavik vs. Zug Cost of Living Summary

Reykjavik is 19.6% cheaper than Zug.

Restaurants: pay 14.5% less in Reykjavik
Groceries: pay 4.0% more in Reykjavik
Transportation: pay 16.6% less in Reykjavik
Housing: pay 33.6% less in Reykjavik
Childcare: pay 54.6% less in Reykjavik
Entertainment and Sports: pay 0.1% less in Reykjavik
Clothing: pay 0.4% less in Reykjavik

Expenses including childcare, housing, transportation, restaurants, clothing, and entertainment and sports are lower in Reykjavik.

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Reykjavik vs. Zug Cost Breakdown

If you lived in Reykjavik instead of Zug, you would:

Display currency: USD

pay 14.5% less for restaurants

	Zug	Reykjavik
Basic meal with drink at inexpensive restaurant	$36.08 CHF30.26	$31.06 ISK3,849	-13.9%
Fast food combo meal McDonalds, or similar	$24.05 CHF20.17	$26.97 ISK3,342	+12.1%
Bottle of Coca-Cola (11 fl. oz)	$6.21 CHF5.21	$3.31 ISK411	-46.7%
Bottle of water (11 fl. oz)	$6.01 CHF5.04	$3.11 ISK385	-48.3%
Average			-14.5%

Zug vs. Reykjavik - Cost of restaurants

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pay 4.0% more for groceries

	Zug	Reykjavik
Bread 1 loaf	$4.07 CHF3.41	$4.19 ISK520	+3.0%
Local cheese (8 oz)	$13.44 CHF11.27	$10.93 ISK1,355	-18.7%
Milk (1 gallon)	$8.32 CHF6.98	$7.78 ISK964	-6.5%
Eggs 1 dozen	$7.80 CHF6.54	$7.08 ISK877	-9.2%
Boneless chicken breast (1 lb)	$14.00 CHF11.74	$11.00 ISK1,364	-21.4%
Apples (1 lb)	$1.64 CHF1.38	$1.50 ISK186	-8.4%
Bananas (1 lb)	$0.90 CHF0.75	$1.27 ISK157	+41.4%
Oranges (1 lb)	$1.25 CHF1.05	$1.46 ISK181	+16.3%
Tomatoes (1 lb)	$2.43 CHF2.04	$2.93 ISK363	+20.8%
Potatoes (1 lb)	$0.90 CHF0.76	$1.78 ISK220	+96.4%
Onions (1 lb)	$0.98 CHF0.82	$0.76 ISK94	-22.4%
Average			+4.0%

Zug vs. Reykjavik - Cost of groceries

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pay 16.6% less for transportation

	Zug	Reykjavik
Gasoline (1 gallon)	$8.63 CHF7.24	$7.76 ISK962	-10.0%
Monthly public transit pass	$160.34 CHF134.48	$94.80 ISK11,749	-40.9%
New Volkswagen Golf 1.4 (standard edition)	$42,390.72 CHF35,553.90	$50,588.43 ISK6M	+19.3%
Taxi trip in downtown area (5 miles)	$57.00 CHF47.81	$29.26 ISK3,626	-48.7%
Average			-16.6%

Zug vs. Reykjavik - Cost of transportation

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pay 33.6% less for housing

	Zug	Reykjavik
Internet connection 50 mbps or faster, cable/dsl	$62.13 CHF52.11	$86.01 ISK10,659	+38.4%
1-Bedroom apartment in downtown area	$3,824.18 CHF3,207.42	$2,522.88 ISK313K	-34.0%
1-Bedroom apartment outside city center	$2,609.58 CHF2,188.71	$2,032.25 ISK252K	-22.1%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$212.41 CHF178.15	$73.44 ISK9,101	-65.4%
Average			-33.6%

Zug vs. Reykjavik - Cost of housing

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pay 54.6% less for childcare

	Zug	Reykjavik
Private preschool for 1 child, monthly	$4,209.01 CHF3,530.17	$1,185.23 ISK147K	-71.8%
Middle school for 1 child, two semesters	$35,259.46 CHF29,572.78	$25,853.51 ISK3M	-26.7%
Average			-54.6%

Zug vs. Reykjavik - Cost of childcare

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pay 0.1% less for entertainment and sports

	Zug	Reykjavik
Domestic/local beer (1 pint)	$9.62 CHF8.07	$13.89 ISK1,722	+44.4%
Cappuccino in mid-range area	$7.10 CHF5.95	$6.74 ISK836	-5.0%
Pack of cigarettes Marlboro or similar	$10.82 CHF9.08	$13.89 ISK1,722	+28.4%
Monthly membership at local gym	$119.66 CHF100.36	$100.25 ISK12,424	-16.2%
Movie ticket to theater/cinema	$23.45 CHF19.67	$19.57 ISK2,426	-16.5%
Average			-0.1%

Zug vs. Reykjavik - Cost of entertainment and sports

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pay 0.4% less for clothing

	Zug	Reykjavik
Regular jeans Levi's brand	$163.95 CHF137.51	$149.01 ISK18,467	-9.1%
Regular dress from H&M or similar store	$67.74 CHF56.82	$65.79 ISK8,153	-2.9%
Running shoes Nike or Adidas	$150.02 CHF125.83	$181.84 ISK22,535	+21.2%
Men's business shoes (leather)	$269.98 CHF226.44	$248.81 ISK30,835	-7.8%
Average			-0.4%

Zug vs. Reykjavik - 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 November 2026). How we calculate this

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