Historical Prices in Reykjavik

Currency:

Restaurants

Year
Meal, Inexpensive Restaurant
Meal for 2 People,
Mid-range Restaurant, Three-course
McMeal at McDonalds
(or Equivalent Combo Meal)
2022 2400.00 15250.00 2049.50
2021 2500.00 13890.00 1839.50
2020 2703.00 13000.00 -
2019 2500.00 15500.00 1724.50
2018 2400.00 13500.00 1500.00
2017 2000.00 13000.00 1545.00
2016 2000.00 12000.00 1550.00
2015 2000.00 10000.00 1500.00
2014 1800.00 12000.00 1500.00
2013 1741.88 11000.00 1300.00
2012 1600.00 9995.60 1209.35
2011 - - -
Year
Domestic Beer
(0.5 liter draught)
Imported Beer
(0.33 liter bottle)
Coke/Pepsi
(0.33 liter bottle)
Water
(0.33 liter bottle)
Cappuccino
(regular)
2022 1300.00 1000.00 346.58 280.01 595.46
2021 1200.00 1100.00 344.59 272.96 584.67
2020 1200.00 1250.00 341.50 259.80 615.00
2019 1200.00 1000.00 375.91 279.14 578.75
2018 1200.00 1000.00 304.93 249.28 554.68
2017 1100.00 1000.00 311.57 224.47 540.21
2016 1100.00 1000.00 304.61 217.04 530.25
2015 1000.00 800.00 285.21 228.86 518.61
2014 950.67 800.00 306.67 250.00 472.00
2013 900.00 800.00 253.35 228.68 454.28
2012 821.47 787.99 289.30 261.38 450.57
2011 - - - - -

Markets

Year
Milk
(regular),
(1 liter)
Loaf of Fresh White Bread
(500g)
Eggs
(regular)
(12)
Water
(1.5 liter bottle)
Domestic Beer
(0.5 liter bottle)
Imported Beer
(0.33 liter bottle)
2022 206.29 443.07 810.41 294.38 424.15 342.11
2021 195.00 483.22 728.33 183.33 438.62 396.44
2020 194.33 499.88 731.52 - 433.33 414.83
2019 167.78 450.92 689.86 - 409.94 362.67
2018 165.80 351.60 - - 308.12 303.67
2017 153.00 378.00 610.64 236.25 395.00 333.33
2016 146.26 288.84 637.27 246.12 344.75 337.36
2015 171.50 383.64 575.23 328.33 377.86 373.11
2014 133.50 275.42 554.11 219.00 322.25 332.00
2013 133.00 231.67 551.67 298.33 361.00 -
2012 137.93 304.71 469.53 262.93 373.24 412.99
2011 - - - - - -
Year
Apples
(1kg)
Oranges
(1kg)
Potato
(1kg)
Lettuce
(1 head)
Rice
(white),
(1kg)
Tomato
(1kg)
Banana
(1kg)
Onion
(1kg)
2022 528.67 392.25 365.88 388.20 479.10 644.58 296.58 257.63
2021 381.00 288.29 335.43 347.60 358.74 545.00 269.12 128.83
2020 - - - - 362.00 - - -
2019 - - 276.00 - 317.80 579.40 - 191.00
2018 248.08 - - - - - 216.91 -
2017 290.21 285.71 243.75 280.00 344.22 516.56 258.64 147.43
2016 355.80 319.67 321.17 345.83 317.12 491.50 293.50 155.86
2015 312.83 325.50 257.71 366.67 418.86 362.33 351.50 191.40
2014 398.50 286.12 242.38 352.20 308.38 510.20 - -
2013 - 255.00 - - - 733.33 - -
2012 745.59 745.59 252.38 391.04 538.93 604.64 - -
2011 - - - - - - - -
Year
Local Cheese
(1kg)
Bottle of Wine
(Mid-Range)
Cigarettes 20 Pack
(Marlboro)
Chicken Fillets
(1kg)
Beef Round
(1kg)
(or Equivalent Back Leg Red Meat)
2022 1909.94 2500.00 1600.00 2438.97 3754.33
2021 2062.33 2750.00 1550.00 2165.00 3112.25
2020 1489.40 3000.00 1600.00 1503.50 -
2019 1660.33 2500.00 1400.00 2187.38 3347.50
2018 1712.86 2500.00 1390.00 1931.25 2533.00
2017 1692.21 2500.00 1300.00 2173.25 2969.80
2016 1479.08 2200.00 1250.00 2188.00 2677.56
2015 1545.80 2500.00 1300.00 2361.12 2616.67
2014 1553.62 2150.00 1275.00 2472.22 -
2013 1355.67 1990.00 1161.25 2572.00 -
2012 1611.23 1900.00 1016.59 1429.28 -
2011 - - - - -

Rent Per Month

Year
Apartment
(1 bedroom)
in City Centre
Apartment
(1 bedroom)
Outside of Centre
Apartment
(3 bedrooms)
in City Centre
Apartment
(3 bedrooms)
Outside of Centre
2022 213681.82 181842.11 325750.00 260421.05
2021 205769.23 173846.15 303181.82 258000.00
2020 186666.67 169500.00 292272.73 251888.89
2019 203972.22 168125.00 328058.82 266617.65
2018 198636.36 160769.23 301309.52 242619.05
2017 182500.00 150335.54 276153.85 230370.37
2016 169664.41 121779.20 269774.00 211000.00
2015 152277.78 127000.00 235000.00 189285.71
2014 140692.08 104226.66 217777.78 171111.11
2013 145000.00 113000.00 202000.00 162500.00
2012 133332.68 90858.55 315638.16 224338.82
2011 - - - -

Buy Apartment Price

Year
Price per Square Meter
to Buy Apartment
in City Centre
Price per Square Meter
to Buy Apartment
Outside of Centre
2022 869307.62 624500.00
2021 857142.86 558453.80
2020 574000.00 492500.00
2019 611590.91 463589.98
2018 563471.07 426495.00
2017 546400.00 412285.71
2016 431305.50 308384.62
2015 404500.00 296571.40
2014 345435.44 259239.46
2013 360333.33 290000.00
2012 - -
2011 - -

Salaries And Financing

Year
Average Monthly Net Salary
(After Tax)
2022 512840.65
2021 435506.07
2020 396666.67
2019 409467.08
2018 383128.63
2017 341909.77
2016 291000.00
2015 300357.14
2014 257500.00
2013 260000.00
2012 232653.94
2011 -

Transportation

Year
One-way Ticket
(Local Transport)
Gasoline
(1 liter)
2022 550.00 304.17
2021 490.00 243.02
2020 480.00 222.55
2019 470.00 225.98
2018 460.00 217.43
2017 440.00 197.73
2016 420.00 191.82
2015 400.00 204.92
2014 350.00 249.98
2013 350.00 248.65
2012 350.00 257.25
2011 - -
Year
Monthly Pass
(Regular Price)
2022 8050.00
2021 13100.00
2020 13100.00
2019 12800.00
2018 12300.00
2017 11750.00
2016 11300.00
2015 10900.00
2014 9300.00
2013 9300.00
2012 10127.50
2011 -

Salaries And Financing

Year
Mortgage Interest Rate in Percentages
(%), Yearly, for 20 Years Fixed-Rate
2022 6.24
2021 4.39
2020 4.49
2019 6.35
2018 6.36
2017 6.52
2016 7.30
2015 7.10
2014 6.80
2013 10.67
2012 6.17
2011 11.00

Utilities (Monthly)

Year
Basic
(Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
Internet
(60 Mbps or More, Unlimited Data, Cable/ADSL)
2022 13688.23 8161.11
2021 12862.39 9787.67
2020 15726.19 9100.00
2019 11938.60 8285.00
2018 12495.41 7139.06
2017 15051.95 6127.62
2016 10775.53 6866.84
2015 15885.65 8264.29
2014 14775.46 6728.33
2013 - -
2012 17926.83 6607.89
2011 - -

Sports And Leisure

Year
Fitness Club, Monthly Fee for 1 Adult
Tennis Court Rent
(1 Hour on Weekend)
Cinema, International Release, 1 Seat
2022 9293.25 - 1700.00
2021 8301.98 - 1875.00
2020 6880.69 - 1600.00
2019 7923.58 5462.50 1600.00
2018 7326.94 4500.00 1500.00
2017 7933.87 - 1490.00
2016 7408.36 3466.67 1400.00
2015 8052.75 - 1350.00
2014 7503.00 4250.00 1300.00
2013 5300.00 - 1300.00
2012 9828.60 - 1277.75
2011 - - -

Clothing And Shoes

Year
1 Pair of Jeans
(Levis 501 Or Similar)
1 Summer Dress in a Chain Store
(Zara, H&M, ...)
1 Pair of Nike Running Shoes
(Mid-Range)
1 Pair of Men Leather Business Shoes
2022 12854.33 4877.78 16580.91 18835.71
2021 14644.44 - 18623.75 28437.50
2020 12612.50 5283.33 16977.78 20322.22
2019 15269.41 6416.52 17515.57 23290.47
2018 13637.56 6430.19 17470.83 23857.76
2017 15125.86 8887.78 17429.57 24000.00
2016 17072.95 8832.33 21438.33 25571.00
2015 18081.82 9812.50 21229.69 25316.67
2014 17313.33 6725.00 19554.44 27498.33
2013 17966.67 - - -
2012 21735.26 12374.59 18126.60 16777.79
2011 - - - -
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