Cost of Living Comparison Between Tokyo and Reykjavik 
| Indices Difference |  |
|---|---|
| Cost of Living in Reykjavik is 58.5% higher than in Tokyo (without rent) | |
| Cost of Living Including Rent in Reykjavik is 56.2% higher than in Tokyo | |
| Rent Prices in Reykjavik are 51.6% higher than in Tokyo | |
| Restaurant Prices in Reykjavik are 183.5% higher than in Tokyo | |
| Groceries Prices in Reykjavik are 38.5% higher than in Tokyo | |
| Local Purchasing Power in Reykjavik is 6.1% lower than in Tokyo | |
Restaurants | Tokyo Edit |
Reykjavik Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
1,000.00 ¥ (879.94 kr) |
3,409.32 ¥ (3,000.00 kr) |
+240.9 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
7,000.00 ¥ (6,159.58 kr) |
19,319.50 ¥ (17,000.00 kr) |
+176.0 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
800.00 ¥ (703.95 kr) |
2,727.46 ¥ (2,400.00 kr) |
+240.9 % |
| Domestic Beer (1 pint draught) |
380.00 ¥ (334.38 kr) |
1,704.66 ¥ (1,500.00 kr) |
+348.6 % |
| Imported Beer (12 oz small bottle) |
750.00 ¥ (659.95 kr) |
1,420.55 ¥ (1,250.00 kr) |
+89.4 % |
| Cappuccino (regular) |
510.71 ¥ (449.40 kr) |
804.89 ¥ (708.26 kr) |
+57.6 % |
| Coke/Pepsi (12 oz small bottle) |
169.77 ¥ (149.39 kr) |
468.52 ¥ (412.27 kr) |
+176.0 % |
| Water (12 oz small bottle) |
115.94 ¥ (102.02 kr) |
332.27 ¥ (292.38 kr) |
+186.6 % |
Markets | Tokyo Edit |
Reykjavik Edit | |
| Milk (regular), (1 gallon) |
911.86 ¥ (802.38 kr) |
972.75 ¥ (855.96 kr) |
+6.7 % |
| Loaf of Fresh White Bread (1 lb) |
231.55 ¥ (203.75 kr) |
527.96 ¥ (464.58 kr) |
+128.0 % |
| Rice (white), (1 lb) |
250.79 ¥ (220.68 kr) |
215.90 ¥ (189.98 kr) |
-13.9 % |
| Eggs (regular) (12) |
338.84 ¥ (298.16 kr) |
930.93 ¥ (819.16 kr) |
+174.7 % |
| Local Cheese (1 lb) |
1,125.56 ¥ (990.42 kr) |
1,097.09 ¥ (965.37 kr) |
-2.5 % |
| Chicken Fillets (1 lb) |
499.63 ¥ (439.65 kr) |
1,401.34 ¥ (1,233.09 kr) |
+180.5 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
1,435.91 ¥ (1,263.51 kr) |
2,198.44 ¥ (1,934.50 kr) |
+53.1 % |
| Apples (1 lb) |
344.22 ¥ (302.90 kr) |
214.08 ¥ (188.37 kr) |
-37.8 % |
| Banana (1 lb) |
166.53 ¥ (146.53 kr) |
152.98 ¥ (134.62 kr) |
-8.1 % |
| Oranges (1 lb) |
402.25 ¥ (353.96 kr) |
192.59 ¥ (169.47 kr) |
-52.1 % |
| Tomato (1 lb) |
341.57 ¥ (300.56 kr) |
344.42 ¥ (303.07 kr) |
+0.8 % |
| Potato (1 lb) |
192.43 ¥ (169.33 kr) |
225.39 ¥ (198.33 kr) |
+17.1 % |
| Onion (1 lb) |
192.17 ¥ (169.10 kr) |
152.42 ¥ (134.12 kr) |
-20.7 % |
| Lettuce (1 head) |
222.90 ¥ (196.14 kr) |
494.35 ¥ (435.00 kr) |
+121.8 % |
| Water (1.5 liter bottle) |
129.54 ¥ (113.99 kr) |
323.68 ¥ (284.82 kr) |
+149.9 % |
| Bottle of Wine (Mid-Range) |
1,100.00 ¥ (967.93 kr) |
3,124.65 ¥ (2,749.50 kr) |
+184.1 % |
| Domestic Beer (0.5 liter bottle) |
324.60 ¥ (285.63 kr) |
497.69 ¥ (437.94 kr) |
+53.3 % |
| Imported Beer (12 oz small bottle) |
450.83 ¥ (396.71 kr) |
401.73 ¥ (353.50 kr) |
-10.9 % |
| Cigarettes 20 Pack (Marlboro) |
600.00 ¥ (527.96 kr) |
1,875.13 ¥ (1,650.00 kr) |
+212.5 % |
Transportation | Tokyo Edit |
Reykjavik Edit | |
| One-way Ticket (Local Transport) |
200.00 ¥ (175.99 kr) |
647.77 ¥ (570.00 kr) |
+223.9 % |
| Monthly Pass (Regular Price) |
8,000.00 ¥ (7,039.52 kr) |
10,568.90 ¥ (9,300.00 kr) |
+32.1 % |
| Taxi Start (Normal Tariff) |
500.00 ¥ (439.97 kr) |
829.60 ¥ (730.00 kr) |
+65.9 % |
| Taxi 1 mile (Normal Tariff) |
708.11 ¥ (623.10 kr) |
573.37 ¥ (504.53 kr) |
-19.0 % |
| Taxi 1hour Waiting (Normal Tariff) |
3,789.47 ¥ (3,334.51 kr) |
10,943.93 ¥ (9,630.00 kr) |
+188.8 % |
| Gasoline (1 gallon) |
667.61 ¥ (587.46 kr) |
1,354.24 ¥ (1,191.65 kr) |
+102.8 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
3,342,000.00 ¥ (2,940,758.83 kr) |
6,579,995.55 ¥ (5,790,000.00 kr) |
+96.9 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
2,512,666.67 ¥ (2,210,995.42 kr) |
6,858,281.63 ¥ (6,034,875.00 kr) |
+172.9 % |
Utilities (Monthly) | Tokyo Edit |
Reykjavik Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
26,083.68 ¥ (22,952.07 kr) |
13,480.92 ¥ (11,862.40 kr) |
-48.3 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
3,816.21 ¥ (3,358.03 kr) |
3,698.74 ¥ (3,254.67 kr) |
-3.1 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
4,842.24 ¥ (4,260.88 kr) |
10,998.88 ¥ (9,678.35 kr) |
+127.1 % |
Sports And Leisure | Tokyo Edit |
Reykjavik Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
10,175.00 ¥ (8,953.39 kr) |
9,972.49 ¥ (8,775.19 kr) |
-2.0 % |
| Tennis Court Rent (1 Hour on Weekend) |
2,974.19 ¥ (2,617.11 kr) |
4,562.00 ¥ (4,014.29 kr) |
+53.4 % |
| Cinema, International Release, 1 Seat |
1,950.00 ¥ (1,715.88 kr) |
2,272.88 ¥ (2,000.00 kr) |
+16.6 % |
Childcare | Tokyo Edit |
Reykjavik Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
78,651.15 ¥ (69,208.28 kr) |
37,027.67 ¥ (32,582.12 kr) |
-52.9 % |
| International Primary School, Yearly for 1 Child |
2,170,176.90 ¥ (1,909,625.04 kr) |
945,140.41 ¥ (831,666.67 kr) |
-56.4 % |
Clothing And Shoes | Tokyo Edit |
Reykjavik Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
8,328.32 ¥ (7,328.42 kr) |
16,543.78 ¥ (14,557.53 kr) |
+98.6 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
5,471.58 ¥ (4,814.66 kr) |
7,376.82 ¥ (6,491.15 kr) |
+34.8 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
9,457.73 ¥ (8,322.23 kr) |
22,722.86 ¥ (19,994.75 kr) |
+140.3 % |
| 1 Pair of Men Leather Business Shoes |
12,649.00 ¥ (11,130.36 kr) |
28,246.25 ¥ (24,855.00 kr) |
+123.3 % |
Rent Per Month | Tokyo Edit |
Reykjavik Edit | |
| Apartment (1 bedroom) in City Centre |
168,696.12 ¥ (148,442.43 kr) |
294,425.95 ¥ (259,077.12 kr) |
+74.5 % |
| Apartment (1 bedroom) Outside of Centre |
93,982.42 ¥ (82,698.88 kr) |
265,126.10 ¥ (233,295.01 kr) |
+182.1 % |
| Apartment (3 bedrooms) in City Centre |
444,063.34 ¥ (390,749.01 kr) |
424,385.09 ¥ (373,433.33 kr) |
-4.4 % |
| Apartment (3 bedrooms) Outside of Centre |
194,524.37 ¥ (171,169.74 kr) |
382,128.41 ¥ (336,250.00 kr) |
+96.4 % |
Buy Apartment Price | Tokyo Edit |
Reykjavik Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
133,971.00 ¥ (117,886.42 kr) |
92,204.76 ¥ (81,134.64 kr) |
-31.2 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
69,389.42 ¥ (61,058.51 kr) |
71,976.76 ¥ (63,335.22 kr) |
+3.7 % |
Salaries And Financing | Tokyo Edit |
Reykjavik Edit | |
| Average Monthly Net Salary (After Tax) |
397,675.24 ¥ (349,930.28 kr) |
583,426.77 ¥ (513,380.43 kr) |
+46.7 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 1.83 | 8.14 | +345.8 % |
| Last update: | June 2024 | June 2024 | |
| Contributors in the past 12 months: | 266 | 171 |
Moving to Tokyo? Explore:
Moving to Reykjavik? Explore:
Cities near Tokyo: | Cost of Living in Matsudo | 17.80 miles |
| Cost of Living in Yokohama | 21.92 miles |
| Cost of Living in Saitama | 22.56 miles |
| Cost of Living in Chiba | 29.30 miles |
| Cost of Living in Kamakura | 32.85 miles |
| Cost of Living in Yokosuka | 37.13 miles |
| Cost of Living in Hiratsuka | 37.86 miles |
| Cost of Living in Matsumoto | 136.85 miles |
| Cost of Living in Nagano | 141.07 miles |
| Cost of Living in Nagoya | 223.51 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 |