Cost of Living Comparison Between Stockholm and Reykjavik 

Indices DifferenceInfo
Cost of Living in Reykjavik is 28.9% higher than in Stockholm (without rent)
Cost of Living Including Rent in Reykjavik is 30.3% higher than in Stockholm
Rent Prices in Reykjavik are 33.3% higher than in Stockholm
Restaurant Prices in Reykjavik are 46.4% higher than in Stockholm
Groceries Prices in Reykjavik are 39.8% higher than in Stockholm
Local Purchasing Power in Reykjavik is 15.0% lower than in Stockholm
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Stockholm Edit Reykjavik Edit Difference
Meal, Inexpensive Restaurant 150.00 SEK
(1,957.96 ISK)
229.83 SEK
(3,000.00 ISK)
     +53.2 %
Meal for 2 People, Mid-range Restaurant, Three-course 900.00 SEK
(11,747.75 ISK)
1,302.38 SEK
(17,000.00 ISK)
     +44.7 %
McMeal at McDonalds (or Equivalent Combo Meal) 107.00 SEK
(1,396.68 ISK)
183.86 SEK
(2,400.00 ISK)
     +71.8 %
Domestic Beer (1 pint draught) 75.00 SEK
(978.98 ISK)
114.92 SEK
(1,500.00 ISK)
     +53.2 %
Imported Beer (12 oz small bottle) 70.00 SEK
(913.71 ISK)
95.76 SEK
(1,250.00 ISK)
     +36.8 %
Cappuccino (regular) 44.74 SEK
(583.98 ISK)
54.14 SEK
(706.74 ISK)
     +21.0 %
Coke/Pepsi (12 oz small bottle) 25.25 SEK
(329.54 ISK)
31.57 SEK
(412.07 ISK)
     +25.0 %
Water (12 oz small bottle) 22.11 SEK
(288.60 ISK)
22.39 SEK
(292.32 ISK)
     +1.3 %
Markets
Stockholm Edit Reykjavik Edit
Milk (regular), (1 gallon) 59.57 SEK
(777.63 ISK)
65.58 SEK
(855.96 ISK)
     +10.1 %
Loaf of Fresh White Bread (1 lb) 26.70 SEK
(348.53 ISK)
35.59 SEK
(464.58 ISK)
     +33.3 %
Rice (white), (1 lb) 17.88 SEK
(233.35 ISK)
14.55 SEK
(189.98 ISK)
     -18.6 %
Eggs (regular) (12) 43.60 SEK
(569.16 ISK)
62.76 SEK
(819.16 ISK)
     +43.9 %
Local Cheese (1 lb) 51.88 SEK
(677.21 ISK)
73.96 SEK
(965.37 ISK)
     +42.6 %
Chicken Fillets (1 lb) 56.68 SEK
(739.81 ISK)
94.47 SEK
(1,233.09 ISK)
     +66.7 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 87.67 SEK
(1,144.36 ISK)
148.20 SEK
(1,934.50 ISK)
     +69.0 %
Apples (1 lb) 15.36 SEK
(200.44 ISK)
14.43 SEK
(188.37 ISK)
     -6.0 %
Banana (1 lb) 11.90 SEK
(155.31 ISK)
10.31 SEK
(134.59 ISK)
     -13.3 %
Oranges (1 lb) 15.22 SEK
(198.71 ISK)
12.98 SEK
(169.47 ISK)
     -14.7 %
Tomato (1 lb) 21.62 SEK
(282.27 ISK)
23.22 SEK
(303.07 ISK)
     +7.4 %
Potato (1 lb) 7.53 SEK
(98.34 ISK)
15.19 SEK
(198.33 ISK)
     +101.7 %
Onion (1 lb) 8.86 SEK
(115.63 ISK)
10.28 SEK
(134.12 ISK)
     +16.0 %
Lettuce (1 head) 24.76 SEK
(323.24 ISK)
33.33 SEK
(435.00 ISK)
     +34.6 %
Water (1.5 liter bottle) 14.95 SEK
(195.11 ISK)
21.82 SEK
(284.82 ISK)
     +46.0 %
Bottle of Wine (Mid-Range) 120.00 SEK
(1,566.37 ISK)
210.64 SEK
(2,749.50 ISK)
     +75.5 %
Domestic Beer (0.5 liter bottle) 20.39 SEK
(266.20 ISK)
33.55 SEK
(437.94 ISK)
     +64.5 %
Imported Beer (12 oz small bottle) 22.67 SEK
(295.87 ISK)
27.08 SEK
(353.50 ISK)
     +19.5 %
Cigarettes 20 Pack (Marlboro) 71.00 SEK
(926.77 ISK)
126.41 SEK
(1,650.00 ISK)
     +78.0 %
Transportation
Stockholm Edit Reykjavik Edit
One-way Ticket (Local Transport) 42.00 SEK
(548.23 ISK)
43.67 SEK
(570.00 ISK)
     +4.0 %
Monthly Pass (Regular Price) 1,020.00 SEK
(13,314.12 ISK)
712.48 SEK
(9,300.00 ISK)
     -30.1 %
Taxi Start (Normal Tariff) 60.00 SEK
(783.18 ISK)
55.93 SEK
(730.00 ISK)
     -6.8 %
Taxi 1 mile (Normal Tariff) 48.28 SEK
(630.21 ISK)
38.65 SEK
(504.53 ISK)
     -19.9 %
Taxi 1hour Waiting (Normal Tariff) 565.00 SEK
(7,374.98 ISK)
737.76 SEK
(9,630.00 ISK)
     +30.6 %
Gasoline (1 gallon) 74.11 SEK
(967.41 ISK)
91.29 SEK
(1,191.65 ISK)
     +23.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 309,000.00 SEK
(4,033,394.74 ISK)
443,574.24 SEK
(5,790,000.00 ISK)
     +43.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 325,375.00 SEK
(4,247,138.56 ISK)
462,334.21 SEK
(6,034,875.00 ISK)
     +42.1 %
Utilities (Monthly)
Stockholm Edit Reykjavik Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 1,733.14 SEK
(22,622.78 ISK)
908.43 SEK
(11,857.77 ISK)
     -47.6 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 272.42 SEK
(3,555.95 ISK)
249.34 SEK
(3,254.67 ISK)
     -8.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 309.00 SEK
(4,033.39 ISK)
741.28 SEK
(9,676.00 ISK)
     +139.9 %
Sports And Leisure
Stockholm Edit Reykjavik Edit
Fitness Club, Monthly Fee for 1 Adult 419.51 SEK
(5,475.82 ISK)
672.27 SEK
(8,775.19 ISK)
     +60.3 %
Tennis Court Rent (1 Hour on Weekend) 355.73 SEK
(4,643.31 ISK)
307.54 SEK
(4,014.29 ISK)
     -13.5 %
Cinema, International Release, 1 Seat 159.00 SEK
(2,075.44 ISK)
153.22 SEK
(2,000.00 ISK)
     -3.6 %
Childcare
Stockholm Edit Reykjavik Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,474.93 SEK
(19,252.39 ISK)
2,496.13 SEK
(32,582.12 ISK)
     +69.2 %
International Primary School, Yearly for 1 Child 75,334.33 SEK
(983,343.38 ISK)
63,714.32 SEK
(831,666.67 ISK)
     -15.4 %
Clothing And Shoes
Stockholm Edit Reykjavik Edit
1 Pair of Jeans (Levis 501 Or Similar) 843.14 SEK
(11,005.49 ISK)
1,115.26 SEK
(14,557.53 ISK)
     +32.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 450.40 SEK
(5,879.15 ISK)
497.29 SEK
(6,491.15 ISK)
     +10.4 %
1 Pair of Nike Running Shoes (Mid-Range) 1,033.87 SEK
(13,495.14 ISK)
1,531.81 SEK
(19,994.75 ISK)
     +48.2 %
1 Pair of Men Leather Business Shoes 1,563.59 SEK
(20,409.64 ISK)
1,904.15 SEK
(24,855.00 ISK)
     +21.8 %
Rent Per Month
Stockholm Edit Reykjavik Edit
Apartment (1 bedroom) in City Centre 15,998.04 SEK
(208,823.33 ISK)
20,029.02 SEK
(261,440.00 ISK)
     +25.2 %
Apartment (1 bedroom) Outside of Centre 9,602.50 SEK
(125,341.98 ISK)
17,970.60 SEK
(234,571.33 ISK)
     +87.1 %
Apartment (3 bedrooms) in City Centre 26,423.56 SEK
(344,908.21 ISK)
29,055.77 SEK
(379,266.67 ISK)
     +10.0 %
Apartment (3 bedrooms) Outside of Centre 17,740.00 SEK
(231,561.24 ISK)
25,934.04 SEK
(338,518.52 ISK)
     +46.2 %
Buy Apartment Price
Stockholm Edit Reykjavik Edit
Price per Square Feet to Buy Apartment in City Centre 9,718.47 SEK
(126,855.75 ISK)
6,215.76 SEK
(81,134.64 ISK)
     -36.0 %
Price per Square Feet to Buy Apartment Outside of Centre 5,437.83 SEK
(70,980.24 ISK)
4,852.14 SEK
(63,335.22 ISK)
     -10.8 %
Salaries And Financing
Stockholm Edit Reykjavik Edit
Average Monthly Net Salary (After Tax) 35,506.79 SEK
(463,472.17 ISK)
39,330.28 SEK
(513,380.43 ISK)
     +10.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.51 8.14      +80.5 %
Last update: May 2024May 2024
Contributors in the past 12 months:284168