Cost of Living Comparison Between Malmo and Reykjavik 
| Indices Difference |  |
|---|---|
| Cost of Living in Reykjavik is 38.0% higher than in Malmo (without rent) | |
| Cost of Living Including Rent in Reykjavik is 56.5% higher than in Malmo | |
| Rent Prices in Reykjavik are 120.3% higher than in Malmo | |
| Restaurant Prices in Reykjavik are 69.9% higher than in Malmo | |
| Groceries Prices in Reykjavik are 37.5% higher than in Malmo | |
| Local Purchasing Power in Reykjavik is 15.4% lower than in Malmo | |
Restaurants | Malmo Edit |
Reykjavik Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
120.00 SEK (1,552.91 ISK) |
231.82 SEK (3,000.00 ISK) |
+93.2 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
700.00 SEK (9,058.65 ISK) |
1,313.66 SEK (17,000.00 ISK) |
+87.7 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
120.00 SEK (1,552.91 ISK) |
185.46 SEK (2,400.00 ISK) |
+54.5 % |
| Domestic Beer (1 pint draught) |
80.00 SEK (1,035.27 ISK) |
115.91 SEK (1,500.00 ISK) |
+44.9 % |
| Imported Beer (12 oz small bottle) |
80.00 SEK (1,035.27 ISK) |
96.59 SEK (1,250.00 ISK) |
+20.7 % |
| Cappuccino (regular) |
46.25 SEK (598.52 ISK) |
54.63 SEK (706.99 ISK) |
+18.1 % |
| Coke/Pepsi (12 oz small bottle) |
24.82 SEK (321.17 ISK) |
31.18 SEK (403.54 ISK) |
+25.6 % |
| Water (12 oz small bottle) |
18.90 SEK (244.58 ISK) |
22.25 SEK (287.95 ISK) |
+17.7 % |
Markets | Malmo Edit |
Reykjavik Edit | |
| Milk (regular), (1 gallon) |
66.21 SEK (856.86 ISK) |
66.19 SEK (856.52 ISK) |
-0.0 % |
| Loaf of Fresh White Bread (1 lb) |
26.34 SEK (340.92 ISK) |
35.90 SEK (464.58 ISK) |
+36.3 % |
| Rice (white), (1 lb) |
15.81 SEK (204.64 ISK) |
16.06 SEK (207.81 ISK) |
+1.5 % |
| Eggs (regular) (12) |
43.66 SEK (565.00 ISK) |
63.49 SEK (821.68 ISK) |
+45.4 % |
| Local Cheese (1 lb) |
57.15 SEK (739.61 ISK) |
74.60 SEK (965.37 ISK) |
+30.5 % |
| Chicken Fillets (1 lb) |
54.53 SEK (705.69 ISK) |
95.29 SEK (1,233.09 ISK) |
+74.7 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
108.21 SEK (1,400.39 ISK) |
153.17 SEK (1,982.11 ISK) |
+41.5 % |
| Apples (1 lb) |
14.78 SEK (191.30 ISK) |
16.40 SEK (212.21 ISK) |
+10.9 % |
| Banana (1 lb) |
13.66 SEK (176.76 ISK) |
10.40 SEK (134.65 ISK) |
-23.8 % |
| Oranges (1 lb) |
13.54 SEK (175.26 ISK) |
13.53 SEK (175.06 ISK) |
-0.1 % |
| Tomato (1 lb) |
22.93 SEK (296.76 ISK) |
23.92 SEK (309.60 ISK) |
+4.3 % |
| Potato (1 lb) |
7.39 SEK (95.69 ISK) |
15.20 SEK (196.68 ISK) |
+105.5 % |
| Onion (1 lb) |
7.93 SEK (102.65 ISK) |
10.85 SEK (140.44 ISK) |
+36.8 % |
| Lettuce (1 head) |
22.37 SEK (289.47 ISK) |
33.97 SEK (439.56 ISK) |
+51.8 % |
| Water (1.5 liter bottle) |
14.38 SEK (186.03 ISK) |
21.71 SEK (281.00 ISK) |
+51.1 % |
| Bottle of Wine (Mid-Range) |
109.50 SEK (1,417.03 ISK) |
212.47 SEK (2,749.50 ISK) |
+94.0 % |
| Domestic Beer (0.5 liter bottle) |
28.44 SEK (368.06 ISK) |
33.55 SEK (434.15 ISK) |
+18.0 % |
| Imported Beer (12 oz small bottle) |
28.75 SEK (372.05 ISK) |
27.50 SEK (355.89 ISK) |
-4.3 % |
| Cigarettes 20 Pack (Marlboro) |
70.00 SEK (905.87 ISK) |
127.50 SEK (1,650.00 ISK) |
+82.1 % |
Transportation | Malmo Edit |
Reykjavik Edit | |
| One-way Ticket (Local Transport) |
31.00 SEK (401.17 ISK) |
44.05 SEK (570.00 ISK) |
+42.1 % |
| Monthly Pass (Regular Price) |
624.00 SEK (8,075.14 ISK) |
718.65 SEK (9,300.00 ISK) |
+15.2 % |
| Taxi Start (Normal Tariff) |
50.00 SEK (647.05 ISK) |
56.41 SEK (730.00 ISK) |
+12.8 % |
| Taxi 1 mile (Normal Tariff) |
43.45 SEK (562.31 ISK) |
38.99 SEK (504.53 ISK) |
-10.3 % |
| Taxi 1hour Waiting (Normal Tariff) |
600.00 SEK (7,764.56 ISK) |
744.15 SEK (9,630.00 ISK) |
+24.0 % |
| Gasoline (1 gallon) |
75.37 SEK (975.41 ISK) |
92.08 SEK (1,191.65 ISK) |
+22.2 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
309,000.00 SEK (3,998,747.41 ISK) |
447,417.61 SEK (5,790,000.00 ISK) |
+44.8 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
320,250.00 SEK (4,144,332.88 ISK) |
466,040.69 SEK (6,031,000.00 ISK) |
+45.5 % |
Utilities (Monthly) | Malmo Edit |
Reykjavik Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
1,241.07 SEK (16,060.62 ISK) |
904.84 SEK (11,709.52 ISK) |
-27.1 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
310.11 SEK (4,013.13 ISK) |
251.50 SEK (3,254.67 ISK) |
-18.9 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
364.00 SEK (4,710.50 ISK) |
734.97 SEK (9,511.19 ISK) |
+101.9 % |
Sports And Leisure | Malmo Edit |
Reykjavik Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
395.38 SEK (5,116.52 ISK) |
703.47 SEK (9,103.59 ISK) |
+77.9 % |
| Tennis Court Rent (1 Hour on Weekend) |
234.75 SEK (3,037.88 ISK) |
310.20 SEK (4,014.29 ISK) |
+32.1 % |
| Cinema, International Release, 1 Seat |
162.50 SEK (2,102.90 ISK) |
154.55 SEK (2,000.00 ISK) |
-4.9 % |
Childcare | Malmo Edit |
Reykjavik Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,504.80 SEK (19,473.51 ISK) |
2,581.45 SEK (33,406.33 ISK) |
+71.5 % |
| International Primary School, Yearly for 1 Child |
75,000.00 SEK (970,569.76 ISK) |
64,266.37 SEK (831,666.67 ISK) |
-14.3 % |
Clothing And Shoes | Malmo Edit |
Reykjavik Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
985.43 SEK (12,752.36 ISK) |
1,126.82 SEK (14,582.11 ISK) |
+14.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
425.00 SEK (5,499.90 ISK) |
467.12 SEK (6,045.00 ISK) |
+9.9 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
987.50 SEK (12,779.17 ISK) |
1,519.36 SEK (19,661.90 ISK) |
+53.9 % |
| 1 Pair of Men Leather Business Shoes |
1,514.14 SEK (19,594.42 ISK) |
1,875.69 SEK (24,273.12 ISK) |
+23.9 % |
Rent Per Month | Malmo Edit |
Reykjavik Edit | |
| Apartment (1 bedroom) in City Centre |
9,485.57 SEK (122,752.12 ISK) |
20,019.98 SEK (259,077.12 ISK) |
+111.1 % |
| Apartment (1 bedroom) Outside of Centre |
7,399.89 SEK (95,761.45 ISK) |
17,893.24 SEK (231,555.22 ISK) |
+141.8 % |
| Apartment (3 bedrooms) in City Centre |
14,081.50 SEK (182,227.71 ISK) |
29,052.43 SEK (375,965.52 ISK) |
+106.3 % |
| Apartment (3 bedrooms) Outside of Centre |
11,187.38 SEK (144,775.04 ISK) |
25,827.41 SEK (334,230.77 ISK) |
+130.9 % |
Buy Apartment Price | Malmo Edit |
Reykjavik Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
4,008.07 SEK (51,868.14 ISK) |
6,324.65 SEK (81,846.89 ISK) |
+57.8 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
2,571.59 SEK (33,278.72 ISK) |
5,023.26 SEK (65,005.60 ISK) |
+95.3 % |
Salaries And Financing | Malmo Edit |
Reykjavik Edit | |
| Average Monthly Net Salary (After Tax) |
29,986.41 SEK (388,052.06 ISK) |
39,671.06 SEK (513,380.43 ISK) |
+32.3 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.83 | 8.14 | +68.4 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 72 | 165 |
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 |