Cost of Living Comparison Between Reykjavik and Stockholm 

Indices DifferenceInfo
Cost of Living in Stockholm is 22.4% lower than in Reykjavik (without rent)
Cost of Living Including Rent in Stockholm is 23.2% lower than in Reykjavik
Rent Prices in Stockholm are 25.0% lower than in Reykjavik
Restaurant Prices in Stockholm are 31.7% lower than in Reykjavik
Groceries Prices in Stockholm are 28.5% lower than in Reykjavik
Local Purchasing Power in Stockholm is 17.6% higher than in Reykjavik
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Reykjavik Edit Stockholm Edit Difference
Meal, Inexpensive Restaurant 3,000.00 ISK
(229.83 SEK)
1,957.96 ISK
(150.00 SEK)
     -34.7 %
Meal for 2 People, Mid-range Restaurant, Three-course 17,000.00 ISK
(1,302.38 SEK)
11,747.75 ISK
(900.00 SEK)
     -30.9 %
McMeal at McDonalds (or Equivalent Combo Meal) 2,400.00 ISK
(183.86 SEK)
1,396.68 ISK
(107.00 SEK)
     -41.8 %
Domestic Beer (1 pint draught) 1,500.00 ISK
(114.92 SEK)
978.98 ISK
(75.00 SEK)
     -34.7 %
Imported Beer (12 oz small bottle) 1,250.00 ISK
(95.76 SEK)
913.71 ISK
(70.00 SEK)
     -26.9 %
Cappuccino (regular) 706.74 ISK
(54.14 SEK)
583.98 ISK
(44.74 SEK)
     -17.4 %
Coke/Pepsi (12 oz small bottle) 412.07 ISK
(31.57 SEK)
329.54 ISK
(25.25 SEK)
     -20.0 %
Water (12 oz small bottle) 292.32 ISK
(22.39 SEK)
288.60 ISK
(22.11 SEK)
     -1.3 %
Markets
Reykjavik Edit Stockholm Edit
Milk (regular), (1 gallon) 855.96 ISK
(65.58 SEK)
777.63 ISK
(59.57 SEK)
     -9.2 %
Loaf of Fresh White Bread (1 lb) 464.58 ISK
(35.59 SEK)
348.53 ISK
(26.70 SEK)
     -25.0 %
Rice (white), (1 lb) 189.98 ISK
(14.55 SEK)
233.35 ISK
(17.88 SEK)
     +22.8 %
Eggs (regular) (12) 819.16 ISK
(62.76 SEK)
569.16 ISK
(43.60 SEK)
     -30.5 %
Local Cheese (1 lb) 965.37 ISK
(73.96 SEK)
677.21 ISK
(51.88 SEK)
     -29.8 %
Chicken Fillets (1 lb) 1,233.09 ISK
(94.47 SEK)
739.81 ISK
(56.68 SEK)
     -40.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 1,934.50 ISK
(148.20 SEK)
1,144.36 ISK
(87.67 SEK)
     -40.8 %
Apples (1 lb) 188.37 ISK
(14.43 SEK)
200.44 ISK
(15.36 SEK)
     +6.4 %
Banana (1 lb) 134.59 ISK
(10.31 SEK)
155.31 ISK
(11.90 SEK)
     +15.4 %
Oranges (1 lb) 169.47 ISK
(12.98 SEK)
198.71 ISK
(15.22 SEK)
     +17.3 %
Tomato (1 lb) 303.07 ISK
(23.22 SEK)
282.27 ISK
(21.62 SEK)
     -6.9 %
Potato (1 lb) 198.33 ISK
(15.19 SEK)
98.34 ISK
(7.53 SEK)
     -50.4 %
Onion (1 lb) 134.12 ISK
(10.28 SEK)
115.63 ISK
(8.86 SEK)
     -13.8 %
Lettuce (1 head) 435.00 ISK
(33.33 SEK)
323.24 ISK
(24.76 SEK)
     -25.7 %
Water (1.5 liter bottle) 284.82 ISK
(21.82 SEK)
195.11 ISK
(14.95 SEK)
     -31.5 %
Bottle of Wine (Mid-Range) 2,749.50 ISK
(210.64 SEK)
1,566.37 ISK
(120.00 SEK)
     -43.0 %
Domestic Beer (0.5 liter bottle) 437.94 ISK
(33.55 SEK)
266.20 ISK
(20.39 SEK)
     -39.2 %
Imported Beer (12 oz small bottle) 353.50 ISK
(27.08 SEK)
295.87 ISK
(22.67 SEK)
     -16.3 %
Cigarettes 20 Pack (Marlboro) 1,650.00 ISK
(126.41 SEK)
926.77 ISK
(71.00 SEK)
     -43.8 %
Transportation
Reykjavik Edit Stockholm Edit
One-way Ticket (Local Transport) 570.00 ISK
(43.67 SEK)
548.23 ISK
(42.00 SEK)
     -3.8 %
Monthly Pass (Regular Price) 9,300.00 ISK
(712.48 SEK)
13,314.12 ISK
(1,020.00 SEK)
     +43.2 %
Taxi Start (Normal Tariff) 730.00 ISK
(55.93 SEK)
783.18 ISK
(60.00 SEK)
     +7.3 %
Taxi 1 mile (Normal Tariff) 504.53 ISK
(38.65 SEK)
630.21 ISK
(48.28 SEK)
     +24.9 %
Taxi 1hour Waiting (Normal Tariff) 9,630.00 ISK
(737.76 SEK)
7,374.98 ISK
(565.00 SEK)
     -23.4 %
Gasoline (1 gallon) 1,191.65 ISK
(91.29 SEK)
967.41 ISK
(74.11 SEK)
     -18.8 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 5,790,000.00 ISK
(443,574.24 SEK)
4,033,394.74 ISK
(309,000.00 SEK)
     -30.3 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 6,034,875.00 ISK
(462,334.21 SEK)
4,247,138.56 ISK
(325,375.00 SEK)
     -29.6 %
Utilities (Monthly)
Reykjavik Edit Stockholm Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 11,857.77 ISK
(908.43 SEK)
22,622.78 ISK
(1,733.14 SEK)
     +90.8 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 3,254.67 ISK
(249.34 SEK)
3,555.95 ISK
(272.42 SEK)
     +9.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 9,676.00 ISK
(741.28 SEK)
4,033.39 ISK
(309.00 SEK)
     -58.3 %
Sports And Leisure
Reykjavik Edit Stockholm Edit
Fitness Club, Monthly Fee for 1 Adult 8,775.19 ISK
(672.27 SEK)
5,475.82 ISK
(419.51 SEK)
     -37.6 %
Tennis Court Rent (1 Hour on Weekend) 4,014.29 ISK
(307.54 SEK)
4,643.31 ISK
(355.73 SEK)
     +15.7 %
Cinema, International Release, 1 Seat 2,000.00 ISK
(153.22 SEK)
2,075.44 ISK
(159.00 SEK)
     +3.8 %
Childcare
Reykjavik Edit Stockholm Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 32,582.12 ISK
(2,496.13 SEK)
19,252.39 ISK
(1,474.93 SEK)
     -40.9 %
International Primary School, Yearly for 1 Child 831,666.67 ISK
(63,714.32 SEK)
983,343.38 ISK
(75,334.33 SEK)
     +18.2 %
Clothing And Shoes
Reykjavik Edit Stockholm Edit
1 Pair of Jeans (Levis 501 Or Similar) 14,557.53 ISK
(1,115.26 SEK)
11,005.49 ISK
(843.14 SEK)
     -24.4 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 6,491.15 ISK
(497.29 SEK)
5,879.15 ISK
(450.40 SEK)
     -9.4 %
1 Pair of Nike Running Shoes (Mid-Range) 19,994.75 ISK
(1,531.81 SEK)
13,495.14 ISK
(1,033.87 SEK)
     -32.5 %
1 Pair of Men Leather Business Shoes 24,855.00 ISK
(1,904.15 SEK)
20,409.64 ISK
(1,563.59 SEK)
     -17.9 %
Rent Per Month
Reykjavik Edit Stockholm Edit
Apartment (1 bedroom) in City Centre 261,440.00 ISK
(20,029.02 SEK)
208,823.33 ISK
(15,998.04 SEK)
     -20.1 %
Apartment (1 bedroom) Outside of Centre 234,571.33 ISK
(17,970.60 SEK)
125,341.98 ISK
(9,602.50 SEK)
     -46.6 %
Apartment (3 bedrooms) in City Centre 379,266.67 ISK
(29,055.77 SEK)
344,908.21 ISK
(26,423.56 SEK)
     -9.1 %
Apartment (3 bedrooms) Outside of Centre 338,518.52 ISK
(25,934.04 SEK)
231,561.24 ISK
(17,740.00 SEK)
     -31.6 %
Buy Apartment Price
Reykjavik Edit Stockholm Edit
Price per Square Feet to Buy Apartment in City Centre 81,134.64 ISK
(6,215.76 SEK)
126,855.75 ISK
(9,718.47 SEK)
     +56.4 %
Price per Square Feet to Buy Apartment Outside of Centre 63,335.22 ISK
(4,852.14 SEK)
70,980.24 ISK
(5,437.83 SEK)
     +12.1 %
Salaries And Financing
Reykjavik Edit Stockholm Edit
Average Monthly Net Salary (After Tax) 513,380.43 ISK
(39,330.28 SEK)
463,472.17 ISK
(35,506.79 SEK)
     -9.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.14 4.51      -44.6 %
Last update: May 2024May 2024
Contributors in the past 12 months:168284