Cost of Living Comparison Between Reykjavik and Santa Cruz de Tenerife 
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| Indices Difference |  |
|---|---|
| Cost of Living in Santa Cruz de Tenerife is 51.8% lower than in Reykjavik (without rent) | |
| Cost of Living Including Rent in Santa Cruz de Tenerife is 50.5% lower than in Reykjavik | |
| Rent Prices in Santa Cruz de Tenerife are 47.7% lower than in Reykjavik | |
| Restaurant Prices in Santa Cruz de Tenerife are 55.2% lower than in Reykjavik | |
| Groceries Prices in Santa Cruz de Tenerife are 58.7% lower than in Reykjavik | |
| Local Purchasing Power in Santa Cruz de Tenerife is 21.9% lower than in Reykjavik | |
Restaurants | Reykjavik Edit |
Santa Cruz de Tenerife Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
3,000.00 kr (20.01 €) |
1,798.84 kr (12.00 €) |
-40.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
17,000.00 kr (113.41 €) |
6,370.88 kr (42.50 €) |
-62.5 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
2,400.00 kr (16.01 €) |
1,199.23 kr (8.00 €) |
-50.0 % |
| Domestic Beer (1 pint draught) |
1,500.00 kr (10.01 €) |
299.81 kr (2.00 €) |
-80.0 % |
| Imported Beer (12 oz small bottle) |
1,250.00 kr (8.34 €) |
374.76 kr (2.50 €) |
-70.0 % |
| Cappuccino (regular) |
706.86 kr (4.72 €) |
258.58 kr (1.73 €) |
-63.4 % |
| Coke/Pepsi (12 oz small bottle) |
403.42 kr (2.69 €) |
176.65 kr (1.18 €) |
-56.2 % |
| Water (12 oz small bottle) |
287.89 kr (1.92 €) |
124.92 kr (0.83 €) |
-56.6 % |
Markets | Reykjavik Edit |
Santa Cruz de Tenerife Edit | |
| Milk (regular), (1 gallon) |
856.52 kr (5.71 €) |
648.78 kr (4.33 €) |
-24.3 % |
| Loaf of Fresh White Bread (1 lb) |
464.58 kr (3.10 €) |
185.85 kr (1.24 €) |
-60.0 % |
| Rice (white), (1 lb) |
207.81 kr (1.39 €) |
69.13 kr (0.46 €) |
-66.7 % |
| Eggs (regular) (12) |
821.68 kr (5.48 €) |
347.48 kr (2.32 €) |
-57.7 % |
| Local Cheese (1 lb) |
965.37 kr (6.44 €) |
724.15 kr (4.83 €) |
-25.0 % |
| Chicken Fillets (1 lb) |
1,233.09 kr (8.23 €) |
419.19 kr (2.80 €) |
-66.0 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
1,982.11 kr (13.22 €) |
509.96 kr (3.40 €) |
-74.3 % |
| Apples (1 lb) |
212.21 kr (1.42 €) |
107.77 kr (0.72 €) |
-49.2 % |
| Banana (1 lb) |
134.61 kr (0.90 €) |
96.21 kr (0.64 €) |
-28.5 % |
| Oranges (1 lb) |
175.06 kr (1.17 €) |
83.86 kr (0.56 €) |
-52.1 % |
| Tomato (1 lb) |
309.60 kr (2.07 €) |
156.39 kr (1.04 €) |
-49.5 % |
| Potato (1 lb) |
196.68 kr (1.31 €) |
68.00 kr (0.45 €) |
-65.4 % |
| Onion (1 lb) |
140.44 kr (0.94 €) |
95.19 kr (0.64 €) |
-32.2 % |
| Lettuce (1 head) |
439.56 kr (2.93 €) |
155.52 kr (1.04 €) |
-64.6 % |
| Water (1.5 liter bottle) |
281.00 kr (1.87 €) |
89.73 kr (0.60 €) |
-68.1 % |
| Bottle of Wine (Mid-Range) |
2,749.50 kr (18.34 €) |
899.42 kr (6.00 €) |
-67.3 % |
| Domestic Beer (0.5 liter bottle) |
434.15 kr (2.90 €) |
181.93 kr (1.21 €) |
-58.1 % |
| Imported Beer (12 oz small bottle) |
355.89 kr (2.37 €) |
284.82 kr (1.90 €) |
-20.0 % |
| Cigarettes 20 Pack (Marlboro) |
1,650.00 kr (11.01 €) |
599.61 kr (4.00 €) |
-63.7 % |
Transportation | Reykjavik Edit |
Santa Cruz de Tenerife Edit | |
| One-way Ticket (Local Transport) |
570.00 kr (3.80 €) |
224.85 kr (1.50 €) |
-60.6 % |
| Monthly Pass (Regular Price) |
9,300.00 kr (62.04 €) |
5,096.71 kr (34.00 €) |
-45.2 % |
| Taxi Start (Normal Tariff) |
730.00 kr (4.87 €) |
389.75 kr (2.60 €) |
-46.6 % |
| Taxi 1 mile (Normal Tariff) |
504.53 kr (3.37 €) |
373.93 kr (2.49 €) |
-25.9 % |
| Taxi 1hour Waiting (Normal Tariff) |
9,630.00 kr (64.24 €) |
2,998.06 kr (20.00 €) |
-68.9 % |
| Gasoline (1 gallon) |
1,191.65 kr (7.95 €) |
849.06 kr (5.66 €) |
-28.7 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
5,790,000.00 kr (38,624.94 €) |
5,001,518.83 kr (33,365.00 €) |
-13.6 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
6,031,000.00 kr (40,232.64 €) |
3,097,998.58 kr (20,666.67 €) |
-48.6 % |
Utilities (Monthly) | Reykjavik Edit |
Santa Cruz de Tenerife Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
11,705.24 kr (78.09 €) |
10,666.06 kr (71.15 €) |
-8.9 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
3,254.67 kr (21.71 €) |
2,660.78 kr (17.75 €) |
-18.2 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
9,509.62 kr (63.44 €) |
4,604.17 kr (30.71 €) |
-51.6 % |
Sports And Leisure | Reykjavik Edit |
Santa Cruz de Tenerife Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
9,103.59 kr (60.73 €) |
5,867.64 kr (39.14 €) |
-35.5 % |
| Tennis Court Rent (1 Hour on Weekend) |
4,014.29 kr (26.78 €) |
1,349.13 kr (9.00 €) |
-66.4 % |
| Cinema, International Release, 1 Seat |
2,000.00 kr (13.34 €) |
1,124.27 kr (7.50 €) |
-43.8 % |
Childcare | Reykjavik Edit |
Santa Cruz de Tenerife Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
33,406.33 kr (222.85 €) |
44,970.95 kr (300.00 €) |
+34.6 % |
| International Primary School, Yearly for 1 Child |
831,666.67 kr (5,548.03 €) |
1,084,299.50 kr (7,233.33 €) |
+30.4 % |
Clothing And Shoes | Reykjavik Edit |
Santa Cruz de Tenerife Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
14,582.11 kr (97.28 €) |
10,174.68 kr (67.88 €) |
-30.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
6,045.00 kr (40.33 €) |
3,372.82 kr (22.50 €) |
-44.2 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
19,661.90 kr (131.16 €) |
10,118.46 kr (67.50 €) |
-48.5 % |
| 1 Pair of Men Leather Business Shoes |
24,273.12 kr (161.93 €) |
7,495.16 kr (50.00 €) |
-69.1 % |
Rent Per Month | Reykjavik Edit |
Santa Cruz de Tenerife Edit | |
| Apartment (1 bedroom) in City Centre |
261,440.00 kr (1,744.06 €) |
134,912.84 kr (900.00 €) |
-48.4 % |
| Apartment (1 bedroom) Outside of Centre |
234,609.80 kr (1,565.08 €) |
121,796.32 kr (812.50 €) |
-48.1 % |
| Apartment (3 bedrooms) in City Centre |
379,266.67 kr (2,530.08 €) |
194,874.10 kr (1,300.00 €) |
-48.6 % |
| Apartment (3 bedrooms) Outside of Centre |
338,518.52 kr (2,258.25 €) |
183,631.37 kr (1,225.00 €) |
-45.8 % |
Buy Apartment Price | Reykjavik Edit |
Santa Cruz de Tenerife Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
83,258.12 kr (555.41 €) |
33,423.22 kr (222.97 €) |
-59.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
65,749.86 kr (438.62 €) |
22,978.47 kr (153.29 €) |
-65.1 % |
Salaries And Financing | Reykjavik Edit |
Santa Cruz de Tenerife Edit | |
| Average Monthly Net Salary (After Tax) |
513,380.43 kr (3,424.75 €) |
198,621.68 kr (1,325.00 €) |
-61.3 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 8.14 | 3.40 | -58.2 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 167 | 38 |
Moving to Reykjavik? Explore:
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 |
Cities near Santa Cruz de Tenerife: | Cost of Living in El Medano | 37.84 miles |
| Cost of Living in Canary Islands | 39.76 miles |
| Cost of Living in Las Palmas de Gran Canaria | 68.31 miles |