Cost of Living Comparison Between Malmo and Reykjavik 
| Indices Difference |  |
|---|---|
| Consumer Prices in Reykjavik are 38.4% higher than in Malmo (without rent) | |
| Consumer Prices Including Rent in Reykjavik are 56.9% higher than in Malmo | |
| Rent Prices in Reykjavik are 120.7% higher than in Malmo | |
| Restaurant Prices in Reykjavik are 69.5% higher than in Malmo | |
| Groceries Prices in Reykjavik are 38.0% higher than in Malmo | |
| Local Purchasing Power in Reykjavik is 15.7% lower than in Malmo | |
Restaurants | Malmo Edit |
Reykjavik Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
120.00 SEK (1,548.97 ISK) |
228.15 SEK (2,945.00 ISK) |
+90.1 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
700.00 SEK (9,035.68 ISK) |
1,336.37 SEK (17,250.00 ISK) |
+90.9 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
120.00 SEK (1,548.97 ISK) |
182.06 SEK (2,350.00 ISK) |
+51.7 % |
| Domestic Beer (1 pint draught) |
80.00 SEK (1,032.65 ISK) |
116.21 SEK (1,500.00 ISK) |
+45.3 % |
| Imported Beer (12 oz small bottle) |
80.00 SEK (1,032.65 ISK) |
96.84 SEK (1,250.00 ISK) |
+21.0 % |
| Cappuccino (regular) |
46.54 SEK (600.72 ISK) |
55.11 SEK (711.30 ISK) |
+18.4 % |
| Coke/Pepsi (12 oz small bottle) |
25.80 SEK (333.03 ISK) |
31.24 SEK (403.31 ISK) |
+21.1 % |
| Water (12 oz small bottle) |
19.78 SEK (255.29 ISK) |
22.32 SEK (288.09 ISK) |
+12.8 % |
Markets | Malmo Edit |
Reykjavik Edit | |
| Milk (regular), (1 gallon) |
66.21 SEK (854.69 ISK) |
66.37 SEK (856.77 ISK) |
+0.2 % |
| Loaf of Fresh White Bread (1 lb) |
26.34 SEK (340.06 ISK) |
35.99 SEK (464.58 ISK) |
+36.6 % |
| Rice (white), (1 lb) |
15.81 SEK (204.12 ISK) |
16.10 SEK (207.81 ISK) |
+1.8 % |
| Eggs (regular) (12) |
43.66 SEK (563.57 ISK) |
63.66 SEK (821.68 ISK) |
+45.8 % |
| Local Cheese (1 lb) |
57.15 SEK (737.73 ISK) |
74.79 SEK (965.37 ISK) |
+30.9 % |
| Chicken Fillets (1 lb) |
54.53 SEK (703.90 ISK) |
95.52 SEK (1,232.99 ISK) |
+75.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
108.21 SEK (1,396.84 ISK) |
153.56 SEK (1,982.11 ISK) |
+41.9 % |
| Apples (1 lb) |
14.78 SEK (190.82 ISK) |
16.44 SEK (212.21 ISK) |
+11.2 % |
| Banana (1 lb) |
13.66 SEK (176.31 ISK) |
10.40 SEK (134.28 ISK) |
-23.8 % |
| Oranges (1 lb) |
13.54 SEK (174.81 ISK) |
13.56 SEK (175.06 ISK) |
+0.1 % |
| Tomato (1 lb) |
22.93 SEK (296.00 ISK) |
23.98 SEK (309.60 ISK) |
+4.6 % |
| Potato (1 lb) |
7.39 SEK (95.45 ISK) |
15.24 SEK (196.68 ISK) |
+106.1 % |
| Onion (1 lb) |
7.93 SEK (102.39 ISK) |
10.88 SEK (140.44 ISK) |
+37.2 % |
| Lettuce (1 head) |
20.99 SEK (271.00 ISK) |
34.05 SEK (439.56 ISK) |
+62.2 % |
| Water (1.5 liter bottle) |
14.38 SEK (185.55 ISK) |
21.77 SEK (281.00 ISK) |
+51.4 % |
| Bottle of Wine (Mid-Range) |
109.50 SEK (1,413.44 ISK) |
213.01 SEK (2,749.50 ISK) |
+94.5 % |
| Domestic Beer (0.5 liter bottle) |
28.44 SEK (367.13 ISK) |
33.63 SEK (434.15 ISK) |
+18.3 % |
| Imported Beer (12 oz small bottle) |
28.75 SEK (371.11 ISK) |
27.57 SEK (355.89 ISK) |
-4.1 % |
| Cigarettes 20 Pack (Marlboro) |
70.00 SEK (903.57 ISK) |
127.83 SEK (1,650.00 ISK) |
+82.6 % |
Transportation | Malmo Edit |
Reykjavik Edit | |
| One-way Ticket (Local Transport) |
31.00 SEK (400.15 ISK) |
44.16 SEK (570.00 ISK) |
+42.4 % |
| Monthly Pass (Regular Price) |
624.00 SEK (8,054.66 ISK) |
720.48 SEK (9,300.00 ISK) |
+15.5 % |
| Taxi Start (Normal Tariff) |
50.00 SEK (645.41 ISK) |
56.55 SEK (730.00 ISK) |
+13.1 % |
| Taxi 1 mile (Normal Tariff) |
43.45 SEK (560.89 ISK) |
40.40 SEK (521.43 ISK) |
-7.0 % |
| Taxi 1hour Waiting (Normal Tariff) |
600.00 SEK (7,744.86 ISK) |
746.04 SEK (9,630.00 ISK) |
+24.3 % |
| Gasoline (1 gallon) |
75.37 SEK (972.94 ISK) |
92.51 SEK (1,194.08 ISK) |
+22.7 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
309,000.00 SEK (3,988,605.31 ISK) |
448,555.29 SEK (5,790,000.00 ISK) |
+45.2 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
320,250.00 SEK (4,133,821.52 ISK) |
471,578.17 SEK (6,087,181.82 ISK) |
+47.3 % |
Utilities (Monthly) | Malmo Edit |
Reykjavik Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
1,241.07 SEK (16,019.88 ISK) |
907.85 SEK (11,718.63 ISK) |
-26.8 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
310.11 SEK (4,002.95 ISK) |
252.14 SEK (3,254.67 ISK) |
-18.7 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
373.56 SEK (4,821.90 ISK) |
736.97 SEK (9,512.92 ISK) |
+97.3 % |
Sports And Leisure | Malmo Edit |
Reykjavik Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
395.38 SEK (5,103.54 ISK) |
705.26 SEK (9,103.59 ISK) |
+78.4 % |
| Tennis Court Rent (1 Hour on Weekend) |
234.75 SEK (3,030.18 ISK) |
310.99 SEK (4,014.29 ISK) |
+32.5 % |
| Cinema, International Release, 1 Seat |
162.50 SEK (2,097.57 ISK) |
154.94 SEK (2,000.00 ISK) |
-4.7 % |
Childcare | Malmo Edit |
Reykjavik Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,504.80 SEK (19,424.12 ISK) |
2,717.13 SEK (35,073.00 ISK) |
+80.6 % |
| International Primary School, Yearly for 1 Child |
75,000.00 SEK (968,108.08 ISK) |
64,429.79 SEK (831,666.67 ISK) |
-14.1 % |
Clothing And Shoes | Malmo Edit |
Reykjavik Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
985.43 SEK (12,720.02 ISK) |
1,129.69 SEK (14,582.11 ISK) |
+14.6 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
407.14 SEK (5,255.44 ISK) |
470.83 SEK (6,077.50 ISK) |
+15.6 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
987.50 SEK (12,746.76 ISK) |
1,527.93 SEK (19,722.73 ISK) |
+54.7 % |
| 1 Pair of Men Leather Business Shoes |
1,514.14 SEK (19,544.72 ISK) |
1,960.83 SEK (25,310.62 ISK) |
+29.5 % |
Rent Per Month | Malmo Edit |
Reykjavik Edit | |
| Apartment (1 bedroom) in City Centre |
9,485.57 SEK (122,440.78 ISK) |
20,070.88 SEK (259,077.12 ISK) |
+111.6 % |
| Apartment (1 bedroom) Outside of Centre |
7,399.89 SEK (95,518.56 ISK) |
17,938.88 SEK (231,557.03 ISK) |
+142.4 % |
| Apartment (3 bedrooms) in City Centre |
14,081.50 SEK (181,765.52 ISK) |
29,126.31 SEK (375,965.52 ISK) |
+106.8 % |
| Apartment (3 bedrooms) Outside of Centre |
11,187.38 SEK (144,407.84 ISK) |
25,902.03 SEK (334,346.15 ISK) |
+131.5 % |
Buy Apartment Price | Malmo Edit |
Reykjavik Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
4,008.07 SEK (51,736.59 ISK) |
6,371.24 SEK (82,240.62 ISK) |
+59.0 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
2,571.59 SEK (33,194.31 ISK) |
5,018.04 SEK (64,773.34 ISK) |
+95.1 % |
Salaries And Financing | Malmo Edit |
Reykjavik Edit | |
| Average Monthly Net Salary (After Tax) |
30,062.78 SEK (388,053.66 ISK) |
39,771.94 SEK (513,380.43 ISK) |
+32.3 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.84 | 8.14 | +68.2 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 69 | 163 |
Moving to Malmo? Explore:
Moving to Reykjavik? Explore:
Cities near Malmo: | Cost of Living in Lund | 10.87 miles |
| Cost of Living in Helsingborg | 40.38 miles |
| Cost of Living in Orkelljunga | 65.01 miles |
| Cost of Living in Almhult | 85.98 miles |
| Cost of Living in Karlskrona | 127.65 miles |
| Cost of Living in Gothenburg | 168.03 miles |
| Cost of Living in Kalmar | 176.63 miles |
| Cost of Living in Jonkoping | 181.42 miles |
| Cost of Living in Hogsby | 205.90 miles |
Cities near Reykjavik: | Cost of Living in Hafnarfjorour | 6.29 miles |
| Cost of Living in Akranes | 29.20 miles |
| Cost of Living in Grindavik | 31.33 miles |
| Cost of Living in Grundarfjordur | 108.80 miles |
| Cost of Living in Kirkjubaejarklaustur | 159.08 miles |
| Cost of Living in Hofsos | 210.99 miles |