Cost of living comparison

compared to

Reykjavik vs. Zurich Cost of Living Summary

Reykjavik is 12.3% cheaper than Zurich.

Restaurants
pay 24.6% less in Reykjavik
Groceries
pay 1.2% less in Reykjavik
Transportation
pay 0.1% more in Reykjavik
Housing
pay 14.7% less in Reykjavik
Childcare
pay 60.8% less in Reykjavik
Entertainment and Sports
pay 2.2% more in Reykjavik
Clothing
pay 13.0% more in Reykjavik

The cost of clothing, entertainment and sports, and transportation in Reykjavik are more expensive than in Zurich. Expenses including childcare, restaurants, housing, and groceries are lower in Reykjavik.

Reykjavik vs. Zurich Cost Breakdown

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

pay 24.6% less for restaurants

 
Zurich
Reykjavik
Basic meal with drink at inexpensive restaurant $31.30
CHF24.18
$27.48
ISK3,361
Fast food combo meal
McDonalds, or similar
$21.28
CHF16.44
$22.76
ISK2,784
Bottle of Coca-Cola (11 fl. oz) $6.01
CHF4.65
$3.34
ISK408

Improve prices ·

pay 1.2% less for groceries

 
Zurich
Reykjavik
Bread
1 loaf
$3.30
CHF2.55
$4.63
ISK567
Local cheese (8 oz) $14.81
CHF11.44
$9.44
ISK1,154
Milk (1 gallon) $8.35
CHF6.46
$7.63
ISK933

Improve prices ·

pay 0.1% more for transportation

 
Zurich
Reykjavik
Gasoline (1 gallon) $8.63
CHF6.67
$9.66
ISK1,181
Monthly public transit pass $108.91
CHF84.15
$88.58
ISK10,835
New Volkswagen Golf 1.4 (standard edition) $41,061.59
CHF31,725.87
$50,771.00
ISK6M

Improve prices ·

pay 14.7% less for housing

 
Zurich
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$59.74
CHF46.16
$81.97
ISK10,026
1-Bedroom apartment in downtown area $2,666.50
CHF2,060.25
$2,259.48
ISK276K
1-Bedroom apartment outside city center $2,285.53
CHF1,765.89
$2,034.90
ISK249K

Improve prices ·

pay 60.8% less for childcare

 
Zurich
Reykjavik
Private preschool for 1 child, monthly $3,558.15
CHF2,749.17
$327.78
ISK40,091
Middle school for 1 child, two semesters $44,295.61
CHF34,224.60
$30,711.08
ISK4M

Improve prices ·

pay 2.2% more for entertainment and sports

 
Zurich
Reykjavik
Domestic/local beer (1 pint) $10.02
CHF7.74
$13.12
ISK1,605
Cappuccino in mid-range area $6.91
CHF5.34
$6.17
ISK755
Pack of cigarettes
Marlboro or similar
$11.27
CHF8.71
$13.94
ISK1,704

Improve prices ·

pay 13.0% more for clothing

 
Zurich
Reykjavik
Regular jeans
Levi's brand
$137.88
CHF106.53
$145.10
ISK17,747
Regular dress
from H&M or similar store
$59.35
CHF45.85
$63.97
ISK7,824
Running shoes
Nike or Adidas
$159.90
CHF123.54
$193.43
ISK23,658

Improve prices ·
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
Share this

Compare countries by overall cost of living

See the cost of living in Switzerland vs. Iceland. This provides a comparison of the average cost of living from cities within Switzerland and Iceland.

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Reykjavik or Zurich. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.