Cost of Living Comparison Between Reykjavik and Santa Cruz de Tenerife 

Indices DifferenceInfo
Consumer Prices in Santa Cruz de Tenerife are 51.8% lower than in Reykjavik (without rent)
Consumer Prices Including Rent in Santa Cruz de Tenerife are 50.3% lower than in Reykjavik
Rent Prices in Santa Cruz de Tenerife are 47.0% lower than in Reykjavik
Restaurant Prices in Santa Cruz de Tenerife are 55.1% lower than in Reykjavik
Groceries Prices in Santa Cruz de Tenerife are 58.6% lower than in Reykjavik
Local Purchasing Power in Santa Cruz de Tenerife is 22.1% lower than in Reykjavik
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Reykjavik Edit Santa Cruz de Tenerife Edit Difference
Meal, Inexpensive Restaurant 2,945.00 kr
(19.62 €)
1,801.35 kr
(12.00 €)
     -38.8 %
Meal for 2 People, Mid-range Restaurant, Three-course 17,250.00 kr
(114.91 €)
6,379.78 kr
(42.50 €)
     -63.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 2,350.00 kr
(15.65 €)
1,200.90 kr
(8.00 €)
     -48.9 %
Domestic Beer (1 pint draught) 1,500.00 kr
(9.99 €)
300.23 kr
(2.00 €)
     -80.0 %
Imported Beer (12 oz small bottle) 1,250.00 kr
(8.33 €)
375.28 kr
(2.50 €)
     -70.0 %
Cappuccino (regular) 711.24 kr
(4.74 €)
255.19 kr
(1.70 €)
     -64.1 %
Coke/Pepsi (12 oz small bottle) 403.14 kr
(2.69 €)
176.90 kr
(1.18 €)
     -56.1 %
Water (12 oz small bottle) 288.06 kr
(1.92 €)
125.09 kr
(0.83 €)
     -56.6 %
Markets
Reykjavik Edit Santa Cruz de Tenerife Edit
Milk (regular), (1 gallon) 856.77 kr
(5.71 €)
649.69 kr
(4.33 €)
     -24.2 %
Loaf of Fresh White Bread (1 lb) 464.58 kr
(3.09 €)
186.11 kr
(1.24 €)
     -59.9 %
Rice (white), (1 lb) 207.81 kr
(1.38 €)
69.22 kr
(0.46 €)
     -66.7 %
Eggs (regular) (12) 821.68 kr
(5.47 €)
347.96 kr
(2.32 €)
     -57.7 %
Local Cheese (1 lb) 965.37 kr
(6.43 €)
725.16 kr
(4.83 €)
     -24.9 %
Chicken Fillets (1 lb) 1,232.99 kr
(8.21 €)
419.77 kr
(2.80 €)
     -66.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 1,982.11 kr
(13.20 €)
510.67 kr
(3.40 €)
     -74.2 %
Apples (1 lb) 212.21 kr
(1.41 €)
107.92 kr
(0.72 €)
     -49.1 %
Banana (1 lb) 134.26 kr
(0.89 €)
96.35 kr
(0.64 €)
     -28.2 %
Oranges (1 lb) 175.06 kr
(1.17 €)
83.98 kr
(0.56 €)
     -52.0 %
Tomato (1 lb) 309.60 kr
(2.06 €)
156.61 kr
(1.04 €)
     -49.4 %
Potato (1 lb) 196.68 kr
(1.31 €)
68.09 kr
(0.45 €)
     -65.4 %
Onion (1 lb) 140.44 kr
(0.94 €)
95.33 kr
(0.64 €)
     -32.1 %
Lettuce (1 head) 439.56 kr
(2.93 €)
155.74 kr
(1.04 €)
     -64.6 %
Water (1.5 liter bottle) 281.00 kr
(1.87 €)
89.85 kr
(0.60 €)
     -68.0 %
Bottle of Wine (Mid-Range) 2,749.50 kr
(18.32 €)
900.68 kr
(6.00 €)
     -67.2 %
Domestic Beer (0.5 liter bottle) 434.15 kr
(2.89 €)
182.18 kr
(1.21 €)
     -58.0 %
Imported Beer (12 oz small bottle) 355.89 kr
(2.37 €)
285.21 kr
(1.90 €)
     -19.9 %
Cigarettes 20 Pack (Marlboro) 1,650.00 kr
(10.99 €)
600.45 kr
(4.00 €)
     -63.6 %
Transportation
Reykjavik Edit Santa Cruz de Tenerife Edit
One-way Ticket (Local Transport) 570.00 kr
(3.80 €)
225.17 kr
(1.50 €)
     -60.5 %
Monthly Pass (Regular Price) 9,300.00 kr
(61.95 €)
5,103.83 kr
(34.00 €)
     -45.1 %
Taxi Start (Normal Tariff) 730.00 kr
(4.86 €)
390.29 kr
(2.60 €)
     -46.5 %
Taxi 1 mile (Normal Tariff) 521.43 kr
(3.47 €)
374.45 kr
(2.49 €)
     -28.2 %
Taxi 1hour Waiting (Normal Tariff) 9,630.00 kr
(64.15 €)
3,002.25 kr
(20.00 €)
     -68.8 %
Gasoline (1 gallon) 1,194.08 kr
(7.95 €)
857.24 kr
(5.71 €)
     -28.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 5,790,000.00 kr
(38,571.06 €)
5,008,505.66 kr
(33,365.00 €)
     -13.5 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 6,087,181.82 kr
(40,550.78 €)
3,102,326.30 kr
(20,666.67 €)
     -49.0 %
Utilities (Monthly)
Reykjavik Edit Santa Cruz de Tenerife Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 11,716.46 kr
(78.05 €)
10,680.96 kr
(71.15 €)
     -8.8 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 3,254.67 kr
(21.68 €)
2,664.50 kr
(17.75 €)
     -18.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 9,517.42 kr
(63.40 €)
4,610.60 kr
(30.71 €)
     -51.6 %
Sports And Leisure
Reykjavik Edit Santa Cruz de Tenerife Edit
Fitness Club, Monthly Fee for 1 Adult 9,103.59 kr
(60.65 €)
5,875.83 kr
(39.14 €)
     -35.5 %
Tennis Court Rent (1 Hour on Weekend) 4,014.29 kr
(26.74 €)
1,351.01 kr
(9.00 €)
     -66.3 %
Cinema, International Release, 1 Seat 2,000.00 kr
(13.32 €)
1,125.84 kr
(7.50 €)
     -43.7 %
Childcare
Reykjavik Edit Santa Cruz de Tenerife Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 35,073.00 kr
(233.64 €)
45,033.77 kr
(300.00 €)
     +28.4 %
International Primary School, Yearly for 1 Child 831,666.67 kr
(5,540.29 €)
1,085,814.21 kr
(7,233.33 €)
     +30.6 %
Clothing And Shoes
Reykjavik Edit Santa Cruz de Tenerife Edit
1 Pair of Jeans (Levis 501 Or Similar) 14,582.11 kr
(97.14 €)
10,188.89 kr
(67.88 €)
     -30.1 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 6,077.50 kr
(40.49 €)
3,377.53 kr
(22.50 €)
     -44.4 %
1 Pair of Nike Running Shoes (Mid-Range) 19,722.73 kr
(131.39 €)
10,132.60 kr
(67.50 €)
     -48.6 %
1 Pair of Men Leather Business Shoes 25,310.62 kr
(168.61 €)
7,505.63 kr
(50.00 €)
     -70.3 %
Rent Per Month
Reykjavik Edit Santa Cruz de Tenerife Edit
Apartment (1 bedroom) in City Centre 259,077.12 kr
(1,725.89 €)
135,101.31 kr
(900.00 €)
     -47.9 %
Apartment (1 bedroom) Outside of Centre 231,544.86 kr
(1,542.47 €)
121,966.46 kr
(812.50 €)
     -47.3 %
Apartment (3 bedrooms) in City Centre 375,965.52 kr
(2,504.56 €)
195,146.33 kr
(1,300.00 €)
     -48.1 %
Apartment (3 bedrooms) Outside of Centre 334,346.15 kr
(2,227.30 €)
183,887.89 kr
(1,225.00 €)
     -45.0 %
Buy Apartment Price
Reykjavik Edit Santa Cruz de Tenerife Edit
Price per Square Feet to Buy Apartment in City Centre 82,240.62 kr
(547.86 €)
33,469.91 kr
(222.97 €)
     -59.3 %
Price per Square Feet to Buy Apartment Outside of Centre 65,489.17 kr
(436.27 €)
23,010.57 kr
(153.29 €)
     -64.9 %
Salaries And Financing
Reykjavik Edit Santa Cruz de Tenerife Edit
Average Monthly Net Salary (After Tax) 513,380.43 kr
(3,419.97 €)
198,899.15 kr
(1,325.00 €)
     -61.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.14 3.23      -60.4 %
Last update: April 2024April 2024
Contributors in the past 12 months:16236