Cost of Living Comparison Between Oulu and Reykjavik 
| Indices Difference |  |
|---|---|
| Consumer Prices in Reykjavik are 44.12% higher than in Oulu (without rent) | |
| Consumer Prices Including Rent in Reykjavik are 59.47% higher than in Oulu | |
| Rent Prices in Reykjavik are 116.29% higher than in Oulu | |
| Restaurant Prices in Reykjavik are 61.05% higher than in Oulu | |
| Groceries Prices in Reykjavik are 44.49% higher than in Oulu | |
| Local Purchasing Power in Reykjavik is 15.95% lower than in Oulu | |
Restaurants | Oulu Edit |
Reykjavik Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
12.00 € (1,664.29 kr) |
18.03 € (2,500.00 kr) |
+50.21 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
55.00 € (7,628.02 kr) |
100.94 € (14,000.00 kr) |
+83.53 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
7.50 € (1,040.18 kr) |
14.06 € (1,950.00 kr) |
+87.47 % |
| Domestic Beer (1 pint draught) |
5.50 € (762.80 kr) |
8.65 € (1,200.00 kr) |
+57.31 % |
| Imported Beer (12 oz small bottle) |
6.00 € (832.15 kr) |
7.93 € (1,100.00 kr) |
+32.19 % |
| Cappuccino (regular) |
3.25 € (450.75 kr) |
4.54 € (629.38 kr) |
+39.63 % |
| Coke/Pepsi (12 oz small bottle) |
2.08 € (288.48 kr) |
2.37 € (328.28 kr) |
+13.80 % |
| Water (12 oz small bottle) |
1.55 € (214.97 kr) |
1.97 € (273.41 kr) |
+27.18 % |
Markets | Oulu Edit |
Reykjavik Edit | |
| Milk (regular), (1 gallon) |
3.56 € (493.50 kr) |
5.58 € (774.02 kr) |
+56.84 % |
| Loaf of Fresh White Bread (1 lb) |
1.68 € (232.57 kr) |
2.68 € (372.13 kr) |
+60.01 % |
| Rice (white), (1 lb) |
1.22 € (169.07 kr) |
1.48 € (205.89 kr) |
+21.78 % |
| Eggs (regular) (12) |
1.90 € (262.92 kr) |
5.47 € (759.01 kr) |
+188.69 % |
| Local Cheese (1 lb) |
3.58 € (496.88 kr) |
6.19 € (858.84 kr) |
+72.85 % |
| Chicken Fillets (1 lb) |
4.62 € (640.35 kr) |
7.57 € (1,050.56 kr) |
+64.06 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
8.05 € (1,116.89 kr) |
11.25 € (1,560.66 kr) |
+39.73 % |
| Apples (1 lb) |
1.47 € (204.35 kr) |
1.48 € (204.65 kr) |
+0.14 % |
| Banana (1 lb) |
0.74 € (102.27 kr) |
0.96 € (133.18 kr) |
+30.22 % |
| Oranges (1 lb) |
1.16 € (160.69 kr) |
1.03 € (143.38 kr) |
-10.77 % |
| Tomato (1 lb) |
1.91 € (264.85 kr) |
2.00 € (277.04 kr) |
+4.60 % |
| Potato (1 lb) |
0.40 € (55.20 kr) |
1.15 € (160.04 kr) |
+189.92 % |
| Onion (1 lb) |
0.82 € (113.87 kr) |
0.62 € (86.14 kr) |
-24.35 % |
| Lettuce (1 head) |
1.51 € (209.82 kr) |
2.61 € (362.36 kr) |
+72.70 % |
| Water (1.5 liter bottle) |
1.37 € (189.67 kr) |
2.02 € (279.90 kr) |
+47.58 % |
| Bottle of Wine (Mid-Range) |
10.00 € (1,386.91 kr) |
20.91 € (2,900.00 kr) |
+109.10 % |
| Domestic Beer (0.5 liter bottle) |
2.72 € (377.26 kr) |
2.96 € (409.92 kr) |
+8.66 % |
| Imported Beer (12 oz small bottle) |
3.70 € (512.88 kr) |
2.70 € (374.46 kr) |
-26.99 % |
| Cigarettes 20 Pack (Marlboro) |
8.00 € (1,109.53 kr) |
12.04 € (1,669.50 kr) |
+50.47 % |
Transportation | Oulu Edit |
Reykjavik Edit | |
| One-way Ticket (Local Transport) |
3.30 € (457.68 kr) |
3.53 € (490.00 kr) |
+7.06 % |
| Monthly Pass (Regular Price) |
52.50 € (7,281.29 kr) |
57.68 € (8,000.00 kr) |
+9.87 % |
| Taxi Start (Normal Tariff) |
5.90 € (818.28 kr) |
5.26 € (730.00 kr) |
-10.79 % |
| Taxi 1 mile (Normal Tariff) |
2.57 € (357.12 kr) |
4.07 € (564.88 kr) |
+58.18 % |
| Taxi 1hour Waiting (Normal Tariff) |
44.40 € (6,157.89 kr) |
57.11 € (7,920.00 kr) |
+28.62 % |
| Gasoline (1 gallon) |
8.41 € (1,166.03 kr) |
7.33 € (1,017.01 kr) |
-12.78 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
25,000.00 € (3,467,279.68 kr) |
32,446.19 € (4,500,000.00 kr) |
+29.78 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
25,467.40 € (3,532,103.94 kr) |
39,454.56 € (5,472,000.00 kr) |
+54.92 % |
Utilities (Monthly) | Oulu Edit |
Reykjavik Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
91.32 € (12,665.14 kr) |
101.44 € (14,068.32 kr) |
+11.08 % |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
0.06 € (8.36 kr) |
0.12 € (17.32 kr) |
+107.18 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
22.99 € (3,188.16 kr) |
67.97 € (9,427.42 kr) |
+195.70 % |
Sports And Leisure | Oulu Edit |
Reykjavik Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
29.83 € (4,137.39 kr) |
71.11 € (9,862.23 kr) |
+138.37 % |
| Tennis Court Rent (1 Hour on Weekend) |
17.67 € (2,450.21 kr) |
33.80 € (4,687.50 kr) |
+91.31 % |
| Cinema, International Release, 1 Seat |
15.00 € (2,080.37 kr) |
13.16 € (1,825.00 kr) |
-12.28 % |
Childcare | Oulu Edit |
Reykjavik Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
483.33 € (67,034.07 kr) |
350.21 € (48,571.43 kr) |
-27.54 % |
| International Primary School, Yearly for 1 Child |
12,200.00 € (1,692,032.49 kr) |
6,669.49 € (925,000.00 kr) |
-45.33 % |
Clothing And Shoes | Oulu Edit |
Reykjavik Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
84.00 € (11,650.06 kr) |
108.97 € (15,113.57 kr) |
+29.73 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
29.00 € (4,022.04 kr) |
44.46 € (6,166.67 kr) |
+53.32 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
71.67 € (9,939.54 kr) |
138.12 € (19,156.67 kr) |
+92.73 % |
| 1 Pair of Men Leather Business Shoes |
113.57 € (15,751.36 kr) |
194.98 € (27,041.67 kr) |
+71.68 % |
Rent Per Month | Oulu Edit |
Reykjavik Edit | |
| Apartment (1 bedroom) in City Centre |
700.00 € (97,083.83 kr) |
1,498.38 € (207,812.50 kr) |
+114.05 % |
| Apartment (1 bedroom) Outside of Centre |
575.00 € (79,747.43 kr) |
1,257.29 € (174,375.00 kr) |
+118.66 % |
| Apartment (3 bedrooms) in City Centre |
991.67 € (137,535.43 kr) |
2,118.01 € (293,750.00 kr) |
+113.58 % |
| Apartment (3 bedrooms) Outside of Centre |
787.14 € (109,169.78 kr) |
1,769.29 € (245,384.62 kr) |
+124.77 % |
Buy Apartment Price | Oulu Edit |
Reykjavik Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
336.77 € (46,707.13 kr) |
586.63 € (81,360.95 kr) |
+74.19 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
209.03 € (28,990.63 kr) |
432.74 € (60,016.95 kr) |
+107.02 % |
Salaries And Financing | Oulu Edit |
Reykjavik Edit | |
| Average Monthly Net Salary (After Tax) |
2,630.12 € (364,775.16 kr) |
3,525.12 € (488,903.74 kr) |
+34.03 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 1.17 | 5.17 | +342.86 % |
| Last update: | April 2022 | May 2022 | |
| Contributors in the past 12 months: | 33 | 110 |
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 |
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