Cost of Living Comparison Between Reykjavik and Oulu 
| Indices Difference |  |
|---|---|
| Consumer Prices in Oulu are 22.7% lower than in Reykjavik (without rent) | |
| Consumer Prices Including Rent in Oulu are 33.9% lower than in Reykjavik | |
| Rent Prices in Oulu are 58.0% lower than in Reykjavik | |
| Restaurant Prices in Oulu are 20.6% lower than in Reykjavik | |
| Groceries Prices in Oulu are 30.1% lower than in Reykjavik | |
| Local Purchasing Power in Oulu is 19.7% higher than in Reykjavik | |
Restaurants | Reykjavik Edit |
Oulu Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
2,945.00 kr (19.58 €) |
2,331.31 kr (15.50 €) |
-20.8 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
17,000.00 kr (113.03 €) |
13,536.62 kr (90.00 €) |
-20.4 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
2,350.00 kr (15.62 €) |
1,616.87 kr (10.75 €) |
-31.2 % |
| Domestic Beer (1 pint draught) |
1,500.00 kr (9.97 €) |
1,052.85 kr (7.00 €) |
-29.8 % |
| Imported Beer (12 oz small bottle) |
1,250.00 kr (8.31 €) |
1,052.85 kr (7.00 €) |
-15.8 % |
| Cappuccino (regular) |
711.13 kr (4.73 €) |
614.16 kr (4.08 €) |
-13.6 % |
| Coke/Pepsi (12 oz small bottle) |
399.43 kr (2.66 €) |
402.34 kr (2.68 €) |
+0.7 % |
| Water (12 oz small bottle) |
288.00 kr (1.91 €) |
319.61 kr (2.12 €) |
+11.0 % |
Markets | Reykjavik Edit |
Oulu Edit | |
| Milk (regular), (1 gallon) |
856.52 kr (5.69 €) |
616.80 kr (4.10 €) |
-28.0 % |
| Loaf of Fresh White Bread (1 lb) |
464.58 kr (3.09 €) |
313.83 kr (2.09 €) |
-32.4 % |
| Rice (white), (1 lb) |
207.81 kr (1.38 €) |
164.81 kr (1.10 €) |
-20.7 % |
| Eggs (regular) (12) |
821.68 kr (5.46 €) |
497.77 kr (3.31 €) |
-39.4 % |
| Local Cheese (1 lb) |
965.37 kr (6.42 €) |
511.93 kr (3.40 €) |
-47.0 % |
| Chicken Fillets (1 lb) |
1,233.09 kr (8.20 €) |
897.92 kr (5.97 €) |
-27.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
1,982.11 kr (13.18 €) |
1,182.54 kr (7.86 €) |
-40.3 % |
| Apples (1 lb) |
212.21 kr (1.41 €) |
162.57 kr (1.08 €) |
-23.4 % |
| Banana (1 lb) |
134.67 kr (0.90 €) |
118.03 kr (0.78 €) |
-12.4 % |
| Oranges (1 lb) |
175.06 kr (1.16 €) |
143.27 kr (0.95 €) |
-18.2 % |
| Tomato (1 lb) |
309.60 kr (2.06 €) |
233.02 kr (1.55 €) |
-24.7 % |
| Potato (1 lb) |
196.68 kr (1.31 €) |
69.88 kr (0.46 €) |
-64.5 % |
| Onion (1 lb) |
140.44 kr (0.93 €) |
99.01 kr (0.66 €) |
-29.5 % |
| Lettuce (1 head) |
439.56 kr (2.92 €) |
363.98 kr (2.42 €) |
-17.2 % |
| Water (1.5 liter bottle) |
281.00 kr (1.87 €) |
237.21 kr (1.58 €) |
-15.6 % |
| Bottle of Wine (Mid-Range) |
2,749.50 kr (18.28 €) |
2,030.49 kr (13.50 €) |
-26.2 % |
| Domestic Beer (0.5 liter bottle) |
434.15 kr (2.89 €) |
450.24 kr (2.99 €) |
+3.7 % |
| Imported Beer (12 oz small bottle) |
355.89 kr (2.37 €) |
558.65 kr (3.71 €) |
+57.0 % |
| Cigarettes 20 Pack (Marlboro) |
1,650.00 kr (10.97 €) |
1,458.95 kr (9.70 €) |
-11.6 % |
Transportation | Reykjavik Edit |
Oulu Edit | |
| One-way Ticket (Local Transport) |
570.00 kr (3.79 €) |
496.34 kr (3.30 €) |
-12.9 % |
| Monthly Pass (Regular Price) |
9,300.00 kr (61.83 €) |
7,821.16 kr (52.00 €) |
-15.9 % |
| Taxi Start (Normal Tariff) |
730.00 kr (4.85 €) |
970.12 kr (6.45 €) |
+32.9 % |
| Taxi 1 mile (Normal Tariff) |
504.53 kr (3.35 €) |
429.65 kr (2.86 €) |
-14.8 % |
| Taxi 1hour Waiting (Normal Tariff) |
9,630.00 kr (64.03 €) |
7,896.36 kr (52.50 €) |
-18.0 % |
| Gasoline (1 gallon) |
1,194.08 kr (7.94 €) |
1,147.41 kr (7.63 €) |
-3.9 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
5,790,000.00 kr (38,495.57 €) |
4,149,726.33 kr (27,590.00 €) |
-28.3 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
6,031,000.00 kr (40,097.89 €) |
4,803,996.34 kr (31,940.00 €) |
-20.3 % |
Utilities (Monthly) | Reykjavik Edit |
Oulu Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
11,712.96 kr (77.88 €) |
13,685.86 kr (90.99 €) |
+16.8 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
3,254.67 kr (21.64 €) |
4,085.05 kr (27.16 €) |
+25.5 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
9,515.45 kr (63.26 €) |
3,608.07 kr (23.99 €) |
-62.1 % |
Sports And Leisure | Reykjavik Edit |
Oulu Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
9,103.59 kr (60.53 €) |
4,490.72 kr (29.86 €) |
-50.7 % |
| Tennis Court Rent (1 Hour on Weekend) |
4,014.29 kr (26.69 €) |
4,111.12 kr (27.33 €) |
+2.4 % |
| Cinema, International Release, 1 Seat |
2,000.00 kr (13.30 €) |
2,256.10 kr (15.00 €) |
+12.8 % |
Childcare | Reykjavik Edit |
Oulu Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
33,406.33 kr (222.11 €) |
63,922.93 kr (425.00 €) |
+91.3 % |
| International Primary School, Yearly for 1 Child |
831,666.67 kr (5,529.44 €) |
1,473,987.60 kr (9,800.00 €) |
+77.2 % |
Clothing And Shoes | Reykjavik Edit |
Oulu Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
14,445.76 kr (96.04 €) |
11,213.08 kr (74.55 €) |
-22.4 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
6,045.00 kr (40.19 €) |
6,382.02 kr (42.43 €) |
+5.6 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
19,661.90 kr (130.72 €) |
13,149.82 kr (87.43 €) |
-33.1 % |
| 1 Pair of Men Leather Business Shoes |
24,273.12 kr (161.38 €) |
26,770.02 kr (177.98 €) |
+10.3 % |
Rent Per Month | Reykjavik Edit |
Oulu Edit | |
| Apartment (1 bedroom) in City Centre |
259,077.12 kr (1,722.51 €) |
96,993.65 kr (644.88 €) |
-62.6 % |
| Apartment (1 bedroom) Outside of Centre |
231,561.94 kr (1,539.57 €) |
74,827.43 kr (497.50 €) |
-67.7 % |
| Apartment (3 bedrooms) in City Centre |
375,965.52 kr (2,499.66 €) |
188,008.62 kr (1,250.00 €) |
-50.0 % |
| Apartment (3 bedrooms) Outside of Centre |
334,230.77 kr (2,222.18 €) |
143,960.89 kr (957.14 €) |
-56.9 % |
Buy Apartment Price | Reykjavik Edit |
Oulu Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
81,846.89 kr (544.17 €) |
46,338.43 kr (308.09 €) |
-43.4 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
64,681.33 kr (430.04 €) |
30,555.77 kr (203.15 €) |
-52.8 % |
Salaries And Financing | Reykjavik Edit |
Oulu Edit | |
| Average Monthly Net Salary (After Tax) |
513,380.43 kr (3,413.28 €) |
406,406.60 kr (2,702.05 €) |
-20.8 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 8.14 | 2.93 | -64.0 % |
| Last update: | April 2024 | May 2024 | |
| Contributors in the past 12 months: | 162 | 25 |
Moving to Reykjavik? Explore:
Moving to Oulu? Explore:
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 |
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 |