Price Rankings for Reykjavik, Iceland

Use this tool to calculate allowance or adjustment if relocating to Reykjavik, Iceland. To get more information about prices displayed on this page, please visit Cost of Living in Reykjavik.

World Ranking

3^rd Most Expensive Gasoline (1 liter) (Transportation) out of 425 Cities in the World.
7^th Most Expensive Chicken Fillets (1kg) (Markets) out of 421 Cities in the World.
10^th Most Expensive Eggs (regular) (12) (Markets) out of 416 Cities in the World.

Europe Ranking

12^th Cheapest Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment (Utilities (Monthly)) out of 181 Cities in Europe
23^th Cheapest Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child (Childcare) out of 117 Cities in Europe

1^st Most Expensive Gasoline (1 liter) (Transportation) out of 192 Cities in Europe
2^nd Most Expensive Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) (Utilities (Monthly)) out of 192 Cities in Europe
1^st Most Expensive Bottle of Wine (Mid-Range) (Markets) out of 187 Cities in Europe

Northern Europe Ranking

2^nd Cheapest Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment (Utilities (Monthly)) out of 41 Cities in Northern Europe
6^th Cheapest Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child (Childcare) out of 30 Cities in Northern Europe
12^th Cheapest Monthly Pass (Regular Price) (Transportation) out of 35 Cities in Northern Europe

1^st Most Expensive Potato (1kg) (Markets) out of 43 Cities in Northern Europe
1^st Most Expensive Gasoline (1 liter) (Transportation) out of 43 Cities in Northern Europe
1^st Most Expensive Meal for 2 People, Mid-range Restaurant, Three-course (Restaurants) out of 43 Cities in Northern Europe

Restaurants	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Meal, Inexpensive Restaurant	2,945.00 kr	Very High	38^th/420	19^th/188	9^th/43
Meal for 2 People, Mid-range Restaurant, Three-course	17,250.00 kr	Very High	10^th/413	5^th/181	1^st/43
McMeal at McDonalds (or Equivalent Combo Meal)	2,350.00 kr	Very High	3^rd/362	3^rd/158	1^st/36
Domestic Beer (1 pint draught)	1,500.00 kr	Very High	4^th/396	1^st/182	1^st/42
Imported Beer (12 oz small bottle)	1,250.00 kr	Very High	18^th/381	5^th/179	5^th/42
Cappuccino (regular)	711.20 kr	Very High	47^th/422	6^th/190	3^rd/43
Coke/Pepsi (12 oz small bottle)	403.14 kr	Very High	52^th/424	41^st/189	8^th/42
Water (12 oz small bottle)	288.04 kr	High	102^th/421	55^th/190	11^st/42
Markets	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Milk (regular), (1 gallon)	856.77 kr	High	111^st/427	35^th/192	14^th/43
Loaf of Fresh White Bread (1 lb)	464.58 kr	Very High	37^th/423	3^rd/188	2^nd/43
Rice (white), (1 lb)	207.81 kr	Very High	72^th/418	11^st/187	5^th/40
Eggs (regular) (12)	821.68 kr	Very High	10^th/416	5^th/186	1^st/39
Local Cheese (1 lb)	965.37 kr	Very High	52^th/416	25^th/189	1^st/42
Chicken Fillets (1 lb)	1,232.99 kr	Very High	7^th/421	6^th/186	1^st/42
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	1,982.11 kr	Very High	7^th/405	6^th/177	1^st/38
Apples (1 lb)	212.21 kr	High	101^st/422	9^th/190	3^rd/42
Banana (1 lb)	134.26 kr	Very High	76^th/424	40^th/190	12^th/43
Oranges (1 lb)	175.06 kr	High	114^th/393	33^th/173	19^th/35
Tomato (1 lb)	309.60 kr	Very High	43^th/399	4^th/170	3^rd/30
Potato (1 lb)	196.68 kr	Very High	35^th/409	2^nd/184	1^st/43
Onion (1 lb)	140.44 kr	High	89^th/404	12^th/182	4^th/43
Lettuce (1 head)	439.56 kr	Very High	3^rd/396	1^st/179	1^st/42
Water (1.5 liter bottle)	281.00 kr	Very High	45^th/419	5^th/191	4^th/43
Bottle of Wine (Mid-Range)	2,749.50 kr	Very High	8^th/397	1^st/187	1^st/41
Domestic Beer (0.5 liter bottle)	434.15 kr	Very High	28^th/387	9^th/186	9^th/42
Imported Beer (12 oz small bottle)	355.89 kr	Moderate	157^th/368	38^th/177	21^st/35
Cigarettes 20 Pack (Marlboro)	1,650.00 kr	Very High	60^th/350	31^st/173	26^th/39
Transportation	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
One-way Ticket (Local Transport)	570.00 kr	Very High	7^th/368	7^th/180	2^nd/42
Monthly Pass (Regular Price)	9,300.00 kr	High	72^th/245	35^th/135	24^th/35
Taxi Start (Normal Tariff)	730.00 kr	Very High	32^th/263	28^th/117	15^th/33
Taxi 1 mile (Normal Tariff)	521.43 kr	Very High	26^th/202	19^th/88	5^th/23
Taxi 1hour Waiting (Normal Tariff)	9,630.00 kr	Very High	3^rd/153	3^rd/75	2^nd/23
Gasoline (1 gallon)	1,194.08 kr	Very High	3^rd/425	1^st/192	1^st/43
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	5,790,000.00 kr	Very High	11^st/168	2^nd/69	2^nd/14
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	6,087,181.82 kr	Very High	11^st/296	3^rd/110	3^rd/24
Utilities (Monthly)	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	11,715.30 kr	Low	304^th/410	170^th/181	40^th/41
Mobile Phone Monthly Plan with Calls and 10GB+ Data	3,254.67 kr	High	159^th/412	47^th/178	15^th/43
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	9,516.72 kr	Very High	57^th/426	2^nd/192	2^nd/43
Sports And Leisure	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Fitness Club, Monthly Fee for 1 Adult	9,103.59 kr	Very High	44^th/396	9^th/187	2^nd/43
Tennis Court Rent (1 Hour on Weekend)	4,014.29 kr	Very High	32^th/226	13^th/107	7^th/28
Cinema, International Release, 1 Seat	2,000.00 kr	Very High	62^th/378	27^th/172	18^th/41
Childcare	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	35,073.00 kr	Low	208^th/288	95^th/117	25^th/30
International Primary School, Yearly for 1 Child	831,666.67 kr
Clothing And Shoes	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
1 Pair of Jeans (Levis 501 Or Similar)	14,582.11 kr	Very High	14^th/402	14^th/176	6^th/41
1 Summer Dress in a Chain Store (Zara, H&M, ...)	6,077.50 kr	High	134^th/363	41^st/169	14^th/40
1 Pair of Nike Running Shoes (Mid-Range)	19,722.73 kr	Very High	7^th/411	6^th/183	1^st/40
1 Pair of Men Leather Business Shoes	25,310.62 kr	Very High	5^th/377	5^th/167	1^st/37
Rent Per Month	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Apartment (1 bedroom) in City Centre	259,077.12 kr	Very High	38^th/401	6^th/173	3^rd/38
Apartment (1 bedroom) Outside of Centre	231,544.96 kr	Very High	29^th/402	6^th/175	3^rd/39
Apartment (3 bedrooms) in City Centre	375,965.52 kr	Very High	77^th/393	19^th/164	9^th/39
Apartment (3 bedrooms) Outside of Centre	334,346.15 kr	Very High	47^th/397	10^th/170	4^th/42
Buy Apartment Price	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Price per Square Feet to Buy Apartment in City Centre	82,240.62 kr	High	78^th/306	35^th/142	12^th/26
Price per Square Feet to Buy Apartment Outside of Centre	65,489.17 kr	Very High	54^th/297	24^th/137	8^th/26
Salaries And Financing	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Average Monthly Net Salary (After Tax)	513,380.43 kr	Very High	78^th/422	19^th/192	5^th/43
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	8.14	High	100^th/385	22^th/180	1^st/40

Use this tool to calculate allowance or adjustment if relocating to Reykjavik, Iceland. To get more information about prices displayed on this page, please visit Cost of Living in Reykjavik.

Cost of Living Tools for Reykjavik: Basket Analysis | Cost of living Estimator | Historical Data | Price Rankings

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