Cost of Living Comparison Between Santa Cruz de Tenerife and Reykjavik 

Indices DifferenceInfo
Cost of Living in Reykjavik is 107.5% higher than in Santa Cruz de Tenerife (without rent)
Cost of Living Including Rent in Reykjavik is 102.0% higher than in Santa Cruz de Tenerife
Rent Prices in Reykjavik are 91.1% higher than in Santa Cruz de Tenerife
Restaurant Prices in Reykjavik are 123.4% higher than in Santa Cruz de Tenerife
Groceries Prices in Reykjavik are 141.9% higher than in Santa Cruz de Tenerife
Local Purchasing Power in Reykjavik is 28.0% higher than in Santa Cruz de Tenerife
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Santa Cruz de Tenerife Edit Reykjavik Edit Difference
Meal, Inexpensive Restaurant 12.00 €
(1,798.84 kr)
20.01 €
(3,000.00 kr)
     +66.8 %
Meal for 2 People, Mid-range Restaurant, Three-course 42.50 €
(6,370.88 kr)
113.41 €
(17,000.00 kr)
     +166.8 %
McMeal at McDonalds (or Equivalent Combo Meal) 8.00 €
(1,199.23 kr)
16.01 €
(2,400.00 kr)
     +100.1 %
Domestic Beer (1 pint draught) 2.00 €
(299.81 kr)
10.01 €
(1,500.00 kr)
     +400.3 %
Imported Beer (12 oz small bottle) 2.50 €
(374.76 kr)
8.34 €
(1,250.00 kr)
     +233.5 %
Cappuccino (regular) 1.73 €
(258.58 kr)
4.72 €
(706.86 kr)
     +173.4 %
Coke/Pepsi (12 oz small bottle) 1.18 €
(176.65 kr)
2.69 €
(403.42 kr)
     +128.4 %
Water (12 oz small bottle) 0.83 €
(124.92 kr)
1.92 €
(287.89 kr)
     +130.5 %
Markets
Santa Cruz de Tenerife Edit Reykjavik Edit
Milk (regular), (1 gallon) 4.33 €
(648.78 kr)
5.71 €
(856.52 kr)
     +32.0 %
Loaf of Fresh White Bread (1 lb) 1.24 €
(185.85 kr)
3.10 €
(464.58 kr)
     +150.0 %
Rice (white), (1 lb) 0.46 €
(69.13 kr)
1.39 €
(207.81 kr)
     +200.6 %
Eggs (regular) (12) 2.32 €
(347.48 kr)
5.48 €
(821.68 kr)
     +136.5 %
Local Cheese (1 lb) 4.83 €
(724.15 kr)
6.44 €
(965.37 kr)
     +33.3 %
Chicken Fillets (1 lb) 2.80 €
(419.19 kr)
8.23 €
(1,233.09 kr)
     +194.2 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 3.40 €
(509.96 kr)
13.22 €
(1,982.11 kr)
     +288.7 %
Apples (1 lb) 0.72 €
(107.77 kr)
1.42 €
(212.21 kr)
     +96.9 %
Banana (1 lb) 0.64 €
(96.21 kr)
0.90 €
(134.61 kr)
     +39.9 %
Oranges (1 lb) 0.56 €
(83.86 kr)
1.17 €
(175.06 kr)
     +108.7 %
Tomato (1 lb) 1.04 €
(156.39 kr)
2.07 €
(309.60 kr)
     +98.0 %
Potato (1 lb) 0.45 €
(68.00 kr)
1.31 €
(196.68 kr)
     +189.3 %
Onion (1 lb) 0.64 €
(95.19 kr)
0.94 €
(140.44 kr)
     +47.5 %
Lettuce (1 head) 1.04 €
(155.52 kr)
2.93 €
(439.56 kr)
     +182.6 %
Water (1.5 liter bottle) 0.60 €
(89.73 kr)
1.87 €
(281.00 kr)
     +213.2 %
Bottle of Wine (Mid-Range) 6.00 €
(899.42 kr)
18.34 €
(2,749.50 kr)
     +205.7 %
Domestic Beer (0.5 liter bottle) 1.21 €
(181.93 kr)
2.90 €
(434.15 kr)
     +138.6 %
Imported Beer (12 oz small bottle) 1.90 €
(284.82 kr)
2.37 €
(355.89 kr)
     +25.0 %
Cigarettes 20 Pack (Marlboro) 4.00 €
(599.61 kr)
11.01 €
(1,650.00 kr)
     +175.2 %
Transportation
Santa Cruz de Tenerife Edit Reykjavik Edit
One-way Ticket (Local Transport) 1.50 €
(224.85 kr)
3.80 €
(570.00 kr)
     +153.5 %
Monthly Pass (Regular Price) 34.00 €
(5,096.71 kr)
62.04 €
(9,300.00 kr)
     +82.5 %
Taxi Start (Normal Tariff) 2.60 €
(389.75 kr)
4.87 €
(730.00 kr)
     +87.3 %
Taxi 1 mile (Normal Tariff) 2.49 €
(373.93 kr)
3.37 €
(504.53 kr)
     +34.9 %
Taxi 1hour Waiting (Normal Tariff) 20.00 €
(2,998.06 kr)
64.24 €
(9,630.00 kr)
     +221.2 %
Gasoline (1 gallon) 5.66 €
(849.06 kr)
7.95 €
(1,191.65 kr)
     +40.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 €
(5,001,518.83 kr)
38,624.94 €
(5,790,000.00 kr)
     +15.8 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 20,666.67 €
(3,097,998.58 kr)
40,232.64 €
(6,031,000.00 kr)
     +94.7 %
Utilities (Monthly)
Santa Cruz de Tenerife Edit Reykjavik Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 71.15 €
(10,666.06 kr)
78.09 €
(11,705.24 kr)
     +9.7 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 17.75 €
(2,660.78 kr)
21.71 €
(3,254.67 kr)
     +22.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 30.71 €
(4,604.17 kr)
63.44 €
(9,509.62 kr)
     +106.5 %
Sports And Leisure
Santa Cruz de Tenerife Edit Reykjavik Edit
Fitness Club, Monthly Fee for 1 Adult 39.14 €
(5,867.64 kr)
60.73 €
(9,103.59 kr)
     +55.1 %
Tennis Court Rent (1 Hour on Weekend) 9.00 €
(1,349.13 kr)
26.78 €
(4,014.29 kr)
     +197.5 %
Cinema, International Release, 1 Seat 7.50 €
(1,124.27 kr)
13.34 €
(2,000.00 kr)
     +77.9 %
Childcare
Santa Cruz de Tenerife Edit Reykjavik Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 300.00 €
(44,970.95 kr)
222.85 €
(33,406.33 kr)
     -25.7 %
International Primary School, Yearly for 1 Child 7,233.33 €
(1,084,299.50 kr)
5,548.03 €
(831,666.67 kr)
     -23.3 %
Clothing And Shoes
Santa Cruz de Tenerife Edit Reykjavik Edit
1 Pair of Jeans (Levis 501 Or Similar) 67.88 €
(10,174.68 kr)
97.28 €
(14,582.11 kr)
     +43.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 22.50 €
(3,372.82 kr)
40.33 €
(6,045.00 kr)
     +79.2 %
1 Pair of Nike Running Shoes (Mid-Range) 67.50 €
(10,118.46 kr)
131.16 €
(19,661.90 kr)
     +94.3 %
1 Pair of Men Leather Business Shoes 50.00 €
(7,495.16 kr)
161.93 €
(24,273.12 kr)
     +223.9 %
Rent Per Month
Santa Cruz de Tenerife Edit Reykjavik Edit
Apartment (1 bedroom) in City Centre 900.00 €
(134,912.84 kr)
1,744.06 €
(261,440.00 kr)
     +93.8 %
Apartment (1 bedroom) Outside of Centre 812.50 €
(121,796.32 kr)
1,565.08 €
(234,609.80 kr)
     +92.6 %
Apartment (3 bedrooms) in City Centre 1,300.00 €
(194,874.10 kr)
2,530.08 €
(379,266.67 kr)
     +94.6 %
Apartment (3 bedrooms) Outside of Centre 1,225.00 €
(183,631.37 kr)
2,258.25 €
(338,518.52 kr)
     +84.3 %
Buy Apartment Price
Santa Cruz de Tenerife Edit Reykjavik Edit
Price per Square Feet to Buy Apartment in City Centre 222.97 €
(33,423.22 kr)
555.41 €
(83,258.12 kr)
     +149.1 %
Price per Square Feet to Buy Apartment Outside of Centre 153.29 €
(22,978.47 kr)
438.62 €
(65,749.86 kr)
     +186.1 %
Salaries And Financing
Santa Cruz de Tenerife Edit Reykjavik Edit
Average Monthly Net Salary (After Tax) 1,325.00 €
(198,621.68 kr)
3,424.75 €
(513,380.43 kr)
     +158.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.40 8.14      +139.4 %
Last update: May 2024May 2024
Contributors in the past 12 months:38167