Cost of Living Comparison Between Oulu and Reykjavik 
| Indices Difference |  |
|---|---|
| Consumer Prices in Reykjavik are 29.2% higher than in Oulu (without rent) | |
| Consumer Prices Including Rent in Reykjavik are 50.8% higher than in Oulu | |
| Rent Prices in Reykjavik are 136.5% higher than in Oulu | |
| Restaurant Prices in Reykjavik are 26.9% higher than in Oulu | |
| Groceries Prices in Reykjavik are 42.3% higher than in Oulu | |
| Local Purchasing Power in Reykjavik is 12.1% lower than in Oulu | |
Restaurants | Oulu Edit |
Reykjavik Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.50 € (2,329.62 kr) |
19.59 € (2,945.00 kr) |
+26.4 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
90.00 € (13,526.83 kr) |
114.77 € (17,250.00 kr) |
+27.5 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
10.75 € (1,615.70 kr) |
15.64 € (2,350.00 kr) |
+45.4 % |
| Domestic Beer (1 pint draught) |
7.00 € (1,052.09 kr) |
9.98 € (1,500.00 kr) |
+42.6 % |
| Imported Beer (12 oz small bottle) |
7.00 € (1,052.09 kr) |
8.32 € (1,250.00 kr) |
+18.8 % |
| Cappuccino (regular) |
4.08 € (613.72 kr) |
4.73 € (711.41 kr) |
+15.9 % |
| Coke/Pepsi (12 oz small bottle) |
2.68 € (402.05 kr) |
2.68 € (403.48 kr) |
+0.4 % |
| Water (12 oz small bottle) |
2.12 € (319.38 kr) |
1.92 € (288.14 kr) |
-9.8 % |
Markets | Oulu Edit |
Reykjavik Edit | |
| Milk (regular), (1 gallon) |
4.13 € (621.41 kr) |
5.72 € (859.29 kr) |
+38.3 % |
| Loaf of Fresh White Bread (1 lb) |
2.02 € (303.00 kr) |
3.08 € (463.18 kr) |
+52.9 % |
| Rice (white), (1 lb) |
1.19 € (178.19 kr) |
1.38 € (206.86 kr) |
+16.1 % |
| Eggs (regular) (12) |
3.10 € (465.62 kr) |
5.50 € (826.70 kr) |
+77.5 % |
| Local Cheese (1 lb) |
3.40 € (511.56 kr) |
6.47 € (972.52 kr) |
+90.1 % |
| Chicken Fillets (1 lb) |
5.97 € (897.27 kr) |
8.29 € (1,245.32 kr) |
+38.8 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
8.29 € (1,246.61 kr) |
13.40 € (2,014.32 kr) |
+61.6 % |
| Apples (1 lb) |
1.08 € (162.45 kr) |
1.37 € (205.50 kr) |
+26.5 % |
| Banana (1 lb) |
0.79 € (118.09 kr) |
0.89 € (133.86 kr) |
+13.3 % |
| Oranges (1 lb) |
1.00 € (150.84 kr) |
1.13 € (170.10 kr) |
+12.8 % |
| Tomato (1 lb) |
1.66 € (248.76 kr) |
2.06 € (310.30 kr) |
+24.7 % |
| Potato (1 lb) |
0.46 € (69.83 kr) |
1.30 € (194.92 kr) |
+179.1 % |
| Onion (1 lb) |
0.66 € (98.94 kr) |
0.86 € (128.82 kr) |
+30.2 % |
| Lettuce (1 head) |
2.42 € (363.72 kr) |
2.88 € (432.20 kr) |
+18.8 % |
| Water (1.5 liter bottle) |
1.57 € (235.59 kr) |
1.78 € (266.92 kr) |
+13.3 % |
| Bottle of Wine (Mid-Range) |
12.00 € (1,803.58 kr) |
18.63 € (2,800.00 kr) |
+55.2 % |
| Domestic Beer (0.5 liter bottle) |
2.87 € (431.25 kr) |
2.83 € (425.89 kr) |
-1.2 % |
| Imported Beer (12 oz small bottle) |
3.71 € (558.25 kr) |
2.37 € (355.89 kr) |
-36.2 % |
| Cigarettes 20 Pack (Marlboro) |
9.50 € (1,427.83 kr) |
10.98 € (1,650.00 kr) |
+15.6 % |
Transportation | Oulu Edit |
Reykjavik Edit | |
| One-way Ticket (Local Transport) |
3.30 € (495.98 kr) |
3.79 € (570.00 kr) |
+14.9 % |
| Monthly Pass (Regular Price) |
52.00 € (7,815.50 kr) |
61.88 € (9,300.00 kr) |
+19.0 % |
| Taxi Start (Normal Tariff) |
6.45 € (969.42 kr) |
4.86 € (730.00 kr) |
-24.7 % |
| Taxi 1 mile (Normal Tariff) |
2.86 € (429.34 kr) |
3.47 € (521.43 kr) |
+21.4 % |
| Taxi 1hour Waiting (Normal Tariff) |
52.50 € (7,890.65 kr) |
64.07 € (9,630.00 kr) |
+22.0 % |
| Gasoline (1 gallon) |
7.69 € (1,155.58 kr) |
7.94 € (1,194.08 kr) |
+3.3 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
27,590.00 € (4,146,723.85 kr) |
38,523.45 € (5,790,000.00 kr) |
+39.6 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
31,940.00 € (4,800,520.47 kr) |
40,500.73 € (6,087,181.82 kr) |
+26.8 % |
Utilities (Monthly) | Oulu Edit |
Reykjavik Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
98.81 € (14,850.90 kr) |
77.99 € (11,722.19 kr) |
-21.1 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
27.16 € (4,082.10 kr) |
21.65 € (3,254.67 kr) |
-20.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
20.86 € (3,135.78 kr) |
63.36 € (9,522.17 kr) |
+203.7 % |
Sports And Leisure | Oulu Edit |
Reykjavik Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
29.86 € (4,487.47 kr) |
60.57 € (9,103.59 kr) |
+102.9 % |
| Tennis Court Rent (1 Hour on Weekend) |
27.33 € (4,108.15 kr) |
26.71 € (4,014.29 kr) |
-2.3 % |
| Cinema, International Release, 1 Seat |
15.00 € (2,254.47 kr) |
13.31 € (2,000.00 kr) |
-11.3 % |
Childcare | Oulu Edit |
Reykjavik Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
425.00 € (63,876.68 kr) |
233.36 € (35,073.00 kr) |
-45.1 % |
| International Primary School, Yearly for 1 Child |
9,800.00 € (1,472,921.12 kr) |
5,533.45 € (831,666.67 kr) |
-43.5 % |
Clothing And Shoes | Oulu Edit |
Reykjavik Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
74.55 € (11,204.97 kr) |
97.02 € (14,582.11 kr) |
+30.1 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
42.43 € (6,377.40 kr) |
40.44 € (6,077.50 kr) |
-4.7 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
87.43 € (13,140.31 kr) |
131.22 € (19,722.73 kr) |
+50.1 % |
| 1 Pair of Men Leather Business Shoes |
177.98 € (26,750.65 kr) |
168.40 € (25,310.62 kr) |
-5.4 % |
Rent Per Month | Oulu Edit |
Reykjavik Edit | |
| Apartment (1 bedroom) in City Centre |
656.56 € (98,679.04 kr) |
1,723.76 € (259,077.12 kr) |
+162.5 % |
| Apartment (1 bedroom) Outside of Centre |
514.44 € (77,320.01 kr) |
1,540.65 € (231,556.31 kr) |
+199.5 % |
| Apartment (3 bedrooms) in City Centre |
1,250.00 € (187,872.59 kr) |
2,501.47 € (375,965.52 kr) |
+100.1 % |
| Apartment (3 bedrooms) Outside of Centre |
957.14 € (143,856.73 kr) |
2,224.55 € (334,346.15 kr) |
+132.4 % |
Buy Apartment Price | Oulu Edit |
Reykjavik Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
314.92 € (47,331.19 kr) |
547.18 € (82,240.62 kr) |
+73.8 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
203.15 € (30,533.66 kr) |
435.73 € (65,489.17 kr) |
+114.5 % |
Salaries And Financing | Oulu Edit |
Reykjavik Edit | |
| Average Monthly Net Salary (After Tax) |
2,577.38 € (387,374.50 kr) |
3,415.75 € (513,380.43 kr) |
+32.5 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 2.93 | 8.14 | +178.2 % |
| Last update: | March 2024 | April 2024 | |
| Contributors in the past 12 months: | 25 | 161 |
Moving to Oulu? Explore:
Moving to Reykjavik? Explore:
Cities near Oulu: | Cost of Living in Raahe | 46.47 miles |
| Cost of Living in Kemi | 66.23 miles |
| Cost of Living in Ylivieska | 80.60 miles |
| Cost of Living in Kajaani | 113.39 miles |
| Cost of Living in Kokkola | 124.13 miles |
| Cost of Living in Iisalmi | 124.99 miles |
| Cost of Living in Rovaniemi | 137.08 miles |
| Cost of Living in Veteli | 139.60 miles |
| Cost of Living in Jakobstad (Pietarsaari) | 147.16 miles |
| Cost of Living in Kuopio | 178.41 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 |