Cost of Living Comparison Between Oulu and Reykjavik 
| Indices Difference |  |
|---|---|
| Consumer Prices in Reykjavik are 29.4% higher than in Oulu (without rent) | |
| Consumer Prices Including Rent in Reykjavik are 51.3% higher than in Oulu | |
| Rent Prices in Reykjavik are 138.5% higher than in Oulu | |
| Restaurant Prices in Reykjavik are 26.1% higher than in Oulu | |
| Groceries Prices in Reykjavik are 43.2% higher than in Oulu | |
| Local Purchasing Power in Reykjavik is 16.4% lower than in Oulu | |
Restaurants | Oulu Edit |
Reykjavik Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.50 € (2,329.79 kr) |
19.59 € (2,945.00 kr) |
+26.4 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
90.00 € (13,527.81 kr) |
113.10 € (17,000.00 kr) |
+25.7 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
10.75 € (1,615.82 kr) |
15.63 € (2,350.00 kr) |
+45.4 % |
| Domestic Beer (1 pint draught) |
7.00 € (1,052.16 kr) |
9.98 € (1,500.00 kr) |
+42.6 % |
| Imported Beer (12 oz small bottle) |
7.00 € (1,052.16 kr) |
8.32 € (1,250.00 kr) |
+18.8 % |
| Cappuccino (regular) |
4.08 € (613.76 kr) |
4.73 € (711.11 kr) |
+15.9 % |
| Coke/Pepsi (12 oz small bottle) |
2.68 € (402.08 kr) |
2.66 € (399.42 kr) |
-0.7 % |
| Water (12 oz small bottle) |
2.12 € (319.41 kr) |
1.92 € (287.99 kr) |
-9.8 % |
Markets | Oulu Edit |
Reykjavik Edit | |
| Milk (regular), (1 gallon) |
4.10 € (616.40 kr) |
5.70 € (856.52 kr) |
+39.0 % |
| Loaf of Fresh White Bread (1 lb) |
2.09 € (313.62 kr) |
3.09 € (464.58 kr) |
+48.1 % |
| Rice (white), (1 lb) |
1.10 € (164.70 kr) |
1.38 € (207.81 kr) |
+26.2 % |
| Eggs (regular) (12) |
3.31 € (497.45 kr) |
5.47 € (821.68 kr) |
+65.2 % |
| Local Cheese (1 lb) |
3.40 € (511.60 kr) |
6.42 € (965.37 kr) |
+88.7 % |
| Chicken Fillets (1 lb) |
5.97 € (897.33 kr) |
8.20 € (1,233.09 kr) |
+37.4 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
7.86 € (1,181.77 kr) |
13.19 € (1,982.11 kr) |
+67.7 % |
| Apples (1 lb) |
1.08 € (162.46 kr) |
1.41 € (212.21 kr) |
+30.6 % |
| Banana (1 lb) |
0.78 € (117.95 kr) |
0.90 € (134.67 kr) |
+14.2 % |
| Oranges (1 lb) |
0.95 € (143.18 kr) |
1.16 € (175.06 kr) |
+22.3 % |
| Tomato (1 lb) |
1.55 € (232.87 kr) |
2.06 € (309.60 kr) |
+32.9 % |
| Potato (1 lb) |
0.46 € (69.83 kr) |
1.31 € (196.68 kr) |
+181.6 % |
| Onion (1 lb) |
0.66 € (98.94 kr) |
0.93 € (140.44 kr) |
+41.9 % |
| Lettuce (1 head) |
2.42 € (363.75 kr) |
2.92 € (439.56 kr) |
+20.8 % |
| Water (1.5 liter bottle) |
1.58 € (237.06 kr) |
1.87 € (281.00 kr) |
+18.5 % |
| Bottle of Wine (Mid-Range) |
13.50 € (2,029.17 kr) |
18.29 € (2,749.50 kr) |
+35.5 % |
| Domestic Beer (0.5 liter bottle) |
2.99 € (449.95 kr) |
2.89 € (434.15 kr) |
-3.5 % |
| Imported Beer (12 oz small bottle) |
3.71 € (558.29 kr) |
2.37 € (355.89 kr) |
-36.3 % |
| Cigarettes 20 Pack (Marlboro) |
9.70 € (1,458.00 kr) |
10.98 € (1,650.00 kr) |
+13.2 % |
Transportation | Oulu Edit |
Reykjavik Edit | |
| One-way Ticket (Local Transport) |
3.30 € (496.02 kr) |
3.79 € (570.00 kr) |
+14.9 % |
| Monthly Pass (Regular Price) |
52.00 € (7,816.07 kr) |
61.87 € (9,300.00 kr) |
+19.0 % |
| Taxi Start (Normal Tariff) |
6.45 € (969.49 kr) |
4.86 € (730.00 kr) |
-24.7 % |
| Taxi 1 mile (Normal Tariff) |
2.86 € (429.37 kr) |
3.36 € (504.53 kr) |
+17.5 % |
| Taxi 1hour Waiting (Normal Tariff) |
52.50 € (7,891.22 kr) |
64.07 € (9,630.00 kr) |
+22.0 % |
| Gasoline (1 gallon) |
7.63 € (1,146.67 kr) |
7.94 € (1,194.08 kr) |
+4.1 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
27,590.00 € (4,147,024.87 kr) |
38,520.65 € (5,790,000.00 kr) |
+39.6 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
31,940.00 € (4,800,868.95 kr) |
40,124.02 € (6,031,000.00 kr) |
+25.6 % |
Utilities (Monthly) | Oulu Edit |
Reykjavik Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
90.99 € (13,676.95 kr) |
77.92 € (11,712.30 kr) |
-14.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
27.16 € (4,082.39 kr) |
21.65 € (3,254.67 kr) |
-20.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
23.99 € (3,605.72 kr) |
63.30 € (9,515.30 kr) |
+163.9 % |
Sports And Leisure | Oulu Edit |
Reykjavik Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
29.86 € (4,487.80 kr) |
60.57 € (9,103.59 kr) |
+102.9 % |
| Tennis Court Rent (1 Hour on Weekend) |
27.33 € (4,108.45 kr) |
26.71 € (4,014.29 kr) |
-2.3 % |
| Cinema, International Release, 1 Seat |
15.00 € (2,254.63 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 € (63,881.32 kr) |
222.25 € (33,406.33 kr) |
-47.7 % |
| International Primary School, Yearly for 1 Child |
9,800.00 € (1,473,028.04 kr) |
5,533.05 € (831,666.67 kr) |
-43.5 % |
Clothing And Shoes | Oulu Edit |
Reykjavik Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
74.55 € (11,205.79 kr) |
96.11 € (14,445.76 kr) |
+28.9 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
42.43 € (6,377.86 kr) |
40.22 € (6,045.00 kr) |
-5.2 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
87.43 € (13,141.26 kr) |
130.81 € (19,661.90 kr) |
+49.6 % |
| 1 Pair of Men Leather Business Shoes |
177.98 € (26,752.59 kr) |
161.49 € (24,273.12 kr) |
-9.3 % |
Rent Per Month | Oulu Edit |
Reykjavik Edit | |
| Apartment (1 bedroom) in City Centre |
644.88 € (96,930.51 kr) |
1,723.63 € (259,077.12 kr) |
+167.3 % |
| Apartment (1 bedroom) Outside of Centre |
497.50 € (74,778.72 kr) |
1,540.54 € (231,556.29 kr) |
+209.7 % |
| Apartment (3 bedrooms) in City Centre |
1,250.00 € (187,886.23 kr) |
2,501.28 € (375,965.52 kr) |
+100.1 % |
| Apartment (3 bedrooms) Outside of Centre |
957.14 € (143,867.17 kr) |
2,223.62 € (334,230.77 kr) |
+132.3 % |
Buy Apartment Price | Oulu Edit |
Reykjavik Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
308.09 € (46,308.27 kr) |
544.52 € (81,846.89 kr) |
+76.7 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
203.15 € (30,535.88 kr) |
430.32 € (64,681.33 kr) |
+111.8 % |
Salaries And Financing | Oulu Edit |
Reykjavik Edit | |
| Average Monthly Net Salary (After Tax) |
2,702.05 € (406,142.03 kr) |
3,415.50 € (513,380.43 kr) |
+26.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 2.93 | 8.14 | +178.2 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 25 | 163 |
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 |