Cost of Living Comparison Between Lisbon and Reykjavik 
| Indices Difference |  |
|---|---|
| Cost of Living in Reykjavik is 68.6% higher than in Lisbon (without rent) | |
| Cost of Living Including Rent in Reykjavik is 52.5% higher than in Lisbon | |
| Rent Prices in Reykjavik are 26.8% higher than in Lisbon | |
| Restaurant Prices in Reykjavik are 87.2% higher than in Lisbon | |
| Groceries Prices in Reykjavik are 93.6% higher than in Lisbon | |
| Local Purchasing Power in Reykjavik is 85.8% higher than in Lisbon | |
Restaurants | Lisbon Edit |
Reykjavik Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
14.00 € (2,087.28 kr) |
20.12 € (3,000.00 kr) |
+43.7 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
50.00 € (7,454.56 kr) |
114.02 € (17,000.00 kr) |
+128.0 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
8.90 € (1,326.91 kr) |
16.10 € (2,400.00 kr) |
+80.9 % |
| Domestic Beer (1 pint draught) |
3.00 € (447.27 kr) |
10.06 € (1,500.00 kr) |
+235.4 % |
| Imported Beer (12 oz small bottle) |
4.00 € (596.36 kr) |
8.38 € (1,250.00 kr) |
+109.6 % |
| Cappuccino (regular) |
2.27 € (338.38 kr) |
4.75 € (708.13 kr) |
+109.3 % |
| Coke/Pepsi (12 oz small bottle) |
1.74 € (259.35 kr) |
2.76 € (412.06 kr) |
+58.9 % |
| Water (12 oz small bottle) |
1.20 € (179.23 kr) |
1.96 € (292.31 kr) |
+63.1 % |
Markets | Lisbon Edit |
Reykjavik Edit | |
| Milk (regular), (1 gallon) |
3.61 € (538.28 kr) |
5.74 € (855.96 kr) |
+59.0 % |
| Loaf of Fresh White Bread (1 lb) |
1.30 € (193.63 kr) |
3.12 € (464.58 kr) |
+139.9 % |
| Rice (white), (1 lb) |
0.65 € (96.50 kr) |
1.27 € (189.98 kr) |
+96.9 % |
| Eggs (regular) (12) |
2.85 € (425.30 kr) |
5.49 € (819.16 kr) |
+92.6 % |
| Local Cheese (1 lb) |
4.66 € (694.61 kr) |
6.48 € (965.37 kr) |
+39.0 % |
| Chicken Fillets (1 lb) |
3.16 € (470.67 kr) |
8.27 € (1,233.09 kr) |
+162.0 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
5.70 € (850.45 kr) |
12.98 € (1,934.50 kr) |
+127.5 % |
| Apples (1 lb) |
0.98 € (145.50 kr) |
1.26 € (188.37 kr) |
+29.5 % |
| Banana (1 lb) |
0.64 € (94.78 kr) |
0.90 € (134.58 kr) |
+42.0 % |
| Oranges (1 lb) |
0.81 € (120.88 kr) |
1.14 € (169.47 kr) |
+40.2 % |
| Tomato (1 lb) |
1.02 € (152.02 kr) |
2.03 € (303.07 kr) |
+99.4 % |
| Potato (1 lb) |
0.83 € (123.84 kr) |
1.33 € (198.33 kr) |
+60.2 % |
| Onion (1 lb) |
0.83 € (124.49 kr) |
0.90 € (134.12 kr) |
+7.7 % |
| Lettuce (1 head) |
1.53 € (228.17 kr) |
2.92 € (435.00 kr) |
+90.6 % |
| Water (1.5 liter bottle) |
0.77 € (115.00 kr) |
1.91 € (284.82 kr) |
+147.7 % |
| Bottle of Wine (Mid-Range) |
5.00 € (745.46 kr) |
18.44 € (2,749.50 kr) |
+268.8 % |
| Domestic Beer (0.5 liter bottle) |
1.30 € (193.30 kr) |
2.94 € (437.94 kr) |
+126.6 % |
| Imported Beer (12 oz small bottle) |
2.69 € (401.40 kr) |
2.37 € (353.50 kr) |
-11.9 % |
| Cigarettes 20 Pack (Marlboro) |
5.55 € (827.46 kr) |
11.07 € (1,650.00 kr) |
+99.4 % |
Transportation | Lisbon Edit |
Reykjavik Edit | |
| One-way Ticket (Local Transport) |
2.00 € (298.18 kr) |
3.82 € (570.00 kr) |
+91.2 % |
| Monthly Pass (Regular Price) |
40.00 € (5,963.64 kr) |
62.38 € (9,300.00 kr) |
+55.9 % |
| Taxi Start (Normal Tariff) |
3.60 € (536.73 kr) |
4.90 € (730.00 kr) |
+36.0 % |
| Taxi 1 mile (Normal Tariff) |
1.13 € (167.96 kr) |
3.38 € (504.53 kr) |
+200.4 % |
| Taxi 1hour Waiting (Normal Tariff) |
16.10 € (2,400.37 kr) |
64.59 € (9,630.00 kr) |
+301.2 % |
| Gasoline (1 gallon) |
6.93 € (1,033.15 kr) |
7.99 € (1,191.65 kr) |
+15.3 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
30,000.00 € (4,472,733.19 kr) |
38,835.31 € (5,790,000.00 kr) |
+29.5 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
33,234.29 € (4,954,936.43 kr) |
40,477.77 € (6,034,875.00 kr) |
+21.8 % |
Utilities (Monthly) | Lisbon Edit |
Reykjavik Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
134.53 € (20,057.87 kr) |
79.53 € (11,857.34 kr) |
-40.9 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
22.88 € (3,411.44 kr) |
21.83 € (3,254.67 kr) |
-4.6 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
38.59 € (5,753.35 kr) |
64.90 € (9,675.46 kr) |
+68.2 % |
Sports And Leisure | Lisbon Edit |
Reykjavik Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
40.52 € (6,041.25 kr) |
58.86 € (8,775.19 kr) |
+45.3 % |
| Tennis Court Rent (1 Hour on Weekend) |
12.76 € (1,902.69 kr) |
26.93 € (4,014.29 kr) |
+111.0 % |
| Cinema, International Release, 1 Seat |
8.00 € (1,192.73 kr) |
13.41 € (2,000.00 kr) |
+67.7 % |
Childcare | Lisbon Edit |
Reykjavik Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
532.46 € (79,385.28 kr) |
218.54 € (32,582.12 kr) |
-59.0 % |
| International Primary School, Yearly for 1 Child |
13,758.21 € (2,051,226.50 kr) |
5,578.24 € (831,666.67 kr) |
-59.5 % |
Clothing And Shoes | Lisbon Edit |
Reykjavik Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
80.20 € (11,957.11 kr) |
97.64 € (14,557.53 kr) |
+21.7 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
34.92 € (5,205.96 kr) |
43.54 € (6,491.15 kr) |
+24.7 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
80.97 € (12,071.99 kr) |
134.11 € (19,994.75 kr) |
+65.6 % |
| 1 Pair of Men Leather Business Shoes |
97.21 € (14,492.90 kr) |
166.71 € (24,855.00 kr) |
+71.5 % |
Rent Per Month | Lisbon Edit |
Reykjavik Edit | |
| Apartment (1 bedroom) in City Centre |
1,328.81 € (198,114.28 kr) |
1,753.56 € (261,440.00 kr) |
+32.0 % |
| Apartment (1 bedroom) Outside of Centre |
916.77 € (136,682.38 kr) |
1,573.29 € (234,562.95 kr) |
+71.6 % |
| Apartment (3 bedrooms) in City Centre |
2,544.44 € (379,354.04 kr) |
2,543.86 € (379,266.67 kr) |
-0.0 % |
| Apartment (3 bedrooms) Outside of Centre |
1,630.77 € (243,133.19 kr) |
2,270.55 € (338,518.52 kr) |
+39.2 % |
Buy Apartment Price | Lisbon Edit |
Reykjavik Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
593.91 € (88,547.01 kr) |
544.20 € (81,134.64 kr) |
-8.4 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
295.50 € (44,057.05 kr) |
424.81 € (63,335.22 kr) |
+43.8 % |
Salaries And Financing | Lisbon Edit |
Reykjavik Edit | |
| Average Monthly Net Salary (After Tax) |
1,215.15 € (181,167.32 kr) |
3,443.40 € (513,380.43 kr) |
+183.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.96 | 8.14 | +105.4 % |
| Last update: | June 2024 | June 2024 | |
| Contributors in the past 12 months: | 452 | 169 |
Moving to Lisbon? Explore:
Moving to Reykjavik? Explore:
Cities near Lisbon: | Cost of Living in Carnaxide | 6.63 miles |
| Cost of Living in Odivelas | 7.00 miles |
| Cost of Living in Alges | 7.03 miles |
| Cost of Living in Amadora | 7.89 miles |
| Cost of Living in Almada | 8.45 miles |
| Cost of Living in Corroios | 9.58 miles |
| Cost of Living in Loures | 9.64 miles |
| Cost of Living in Queluz | 9.82 miles |
| Cost of Living in Oeiras | 11.71 miles |
| Cost of Living in Rio de Mouro | 13.65 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 |