Cost of Living Comparison Between Reykjavik and Malmo 
| Indices Difference |  |
|---|---|
| Consumer Prices in Malmo are 27.9% lower than in Reykjavik (without rent) | |
| Consumer Prices Including Rent in Malmo are 36.4% lower than in Reykjavik | |
| Rent Prices in Malmo are 54.9% lower than in Reykjavik | |
| Restaurant Prices in Malmo are 41.0% lower than in Reykjavik | |
| Groceries Prices in Malmo are 27.8% lower than in Reykjavik | |
| Local Purchasing Power in Malmo is 18.1% higher than in Reykjavik | |
Restaurants | Reykjavik Edit |
Malmo Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
2,945.00 ISK (229.28 SEK) |
1,541.33 ISK (120.00 SEK) |
-47.7 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
17,000.00 ISK (1,323.53 SEK) |
8,991.08 ISK (700.00 SEK) |
-47.1 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
2,350.00 ISK (182.96 SEK) |
1,541.33 ISK (120.00 SEK) |
-34.4 % |
| Domestic Beer (1 pint draught) |
1,500.00 ISK (116.78 SEK) |
1,027.55 ISK (80.00 SEK) |
-31.5 % |
| Imported Beer (12 oz small bottle) |
1,250.00 ISK (97.32 SEK) |
1,027.55 ISK (80.00 SEK) |
-17.8 % |
| Cappuccino (regular) |
711.13 ISK (55.36 SEK) |
597.76 ISK (46.54 SEK) |
-15.9 % |
| Coke/Pepsi (12 oz small bottle) |
399.43 ISK (31.10 SEK) |
331.39 ISK (25.80 SEK) |
-17.0 % |
| Water (12 oz small bottle) |
288.00 ISK (22.42 SEK) |
254.03 ISK (19.78 SEK) |
-11.8 % |
Markets | Reykjavik Edit |
Malmo Edit | |
| Milk (regular), (1 gallon) |
856.52 ISK (66.68 SEK) |
850.47 ISK (66.21 SEK) |
-0.7 % |
| Loaf of Fresh White Bread (1 lb) |
464.58 ISK (36.17 SEK) |
338.38 ISK (26.34 SEK) |
-27.2 % |
| Rice (white), (1 lb) |
207.81 ISK (16.18 SEK) |
203.11 ISK (15.81 SEK) |
-2.3 % |
| Eggs (regular) (12) |
821.68 ISK (63.97 SEK) |
560.79 ISK (43.66 SEK) |
-31.8 % |
| Local Cheese (1 lb) |
965.37 ISK (75.16 SEK) |
734.09 ISK (57.15 SEK) |
-24.0 % |
| Chicken Fillets (1 lb) |
1,233.09 ISK (96.00 SEK) |
700.43 ISK (54.53 SEK) |
-43.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
1,982.11 ISK (154.32 SEK) |
1,389.95 ISK (108.21 SEK) |
-29.9 % |
| Apples (1 lb) |
212.21 ISK (16.52 SEK) |
189.87 ISK (14.78 SEK) |
-10.5 % |
| Banana (1 lb) |
134.67 ISK (10.48 SEK) |
175.44 ISK (13.66 SEK) |
+30.3 % |
| Oranges (1 lb) |
175.06 ISK (13.63 SEK) |
173.95 ISK (13.54 SEK) |
-0.6 % |
| Tomato (1 lb) |
309.60 ISK (24.10 SEK) |
294.54 ISK (22.93 SEK) |
-4.9 % |
| Potato (1 lb) |
196.68 ISK (15.31 SEK) |
94.98 ISK (7.39 SEK) |
-51.7 % |
| Onion (1 lb) |
140.44 ISK (10.93 SEK) |
101.88 ISK (7.93 SEK) |
-27.5 % |
| Lettuce (1 head) |
439.56 ISK (34.22 SEK) |
287.31 ISK (22.37 SEK) |
-34.6 % |
| Water (1.5 liter bottle) |
281.00 ISK (21.88 SEK) |
184.64 ISK (14.38 SEK) |
-34.3 % |
| Bottle of Wine (Mid-Range) |
2,749.50 ISK (214.06 SEK) |
1,406.46 ISK (109.50 SEK) |
-48.8 % |
| Domestic Beer (0.5 liter bottle) |
434.15 ISK (33.80 SEK) |
365.31 ISK (28.44 SEK) |
-15.9 % |
| Imported Beer (12 oz small bottle) |
355.89 ISK (27.71 SEK) |
369.28 ISK (28.75 SEK) |
+3.8 % |
| Cigarettes 20 Pack (Marlboro) |
1,650.00 ISK (128.46 SEK) |
899.11 ISK (70.00 SEK) |
-45.5 % |
Transportation | Reykjavik Edit |
Malmo Edit | |
| One-way Ticket (Local Transport) |
570.00 ISK (44.38 SEK) |
398.18 ISK (31.00 SEK) |
-30.1 % |
| Monthly Pass (Regular Price) |
9,300.00 ISK (724.05 SEK) |
8,014.90 ISK (624.00 SEK) |
-13.8 % |
| Taxi Start (Normal Tariff) |
730.00 ISK (56.83 SEK) |
642.22 ISK (50.00 SEK) |
-12.0 % |
| Taxi 1 mile (Normal Tariff) |
504.53 ISK (39.28 SEK) |
558.12 ISK (43.45 SEK) |
+10.6 % |
| Taxi 1hour Waiting (Normal Tariff) |
9,630.00 ISK (749.74 SEK) |
7,706.64 ISK (600.00 SEK) |
-20.0 % |
| Gasoline (1 gallon) |
1,194.08 ISK (92.97 SEK) |
968.14 ISK (75.37 SEK) |
-18.9 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
5,790,000.00 ISK (450,780.17 SEK) |
3,968,919.02 ISK (309,000.00 SEK) |
-31.5 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
6,031,000.00 ISK (469,543.22 SEK) |
4,113,418.50 ISK (320,250.00 SEK) |
-31.8 % |
Utilities (Monthly) | Reykjavik Edit |
Malmo Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
11,712.96 ISK (911.91 SEK) |
15,940.82 ISK (1,241.07 SEK) |
+36.1 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
3,254.67 ISK (253.39 SEK) |
3,983.19 ISK (310.11 SEK) |
+22.4 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
9,515.45 ISK (740.82 SEK) |
4,675.36 ISK (364.00 SEK) |
-50.9 % |
Sports And Leisure | Reykjavik Edit |
Malmo Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
9,103.59 ISK (708.76 SEK) |
5,078.35 ISK (395.38 SEK) |
-44.2 % |
| Tennis Court Rent (1 Hour on Weekend) |
4,014.29 ISK (312.53 SEK) |
3,015.22 ISK (234.75 SEK) |
-24.9 % |
| Cinema, International Release, 1 Seat |
2,000.00 ISK (155.71 SEK) |
2,087.21 ISK (162.50 SEK) |
+4.4 % |
Childcare | Reykjavik Edit |
Malmo Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
33,406.33 ISK (2,600.85 SEK) |
19,328.25 ISK (1,504.80 SEK) |
-42.1 % |
| International Primary School, Yearly for 1 Child |
831,666.67 ISK (64,749.37 SEK) |
963,329.86 ISK (75,000.00 SEK) |
+15.8 % |
Clothing And Shoes | Reykjavik Edit |
Malmo Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
14,445.76 ISK (1,124.67 SEK) |
12,657.24 ISK (985.43 SEK) |
-12.4 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
6,045.00 ISK (470.63 SEK) |
5,458.87 ISK (425.00 SEK) |
-9.7 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
19,661.90 ISK (1,530.78 SEK) |
12,683.84 ISK (987.50 SEK) |
-35.5 % |
| 1 Pair of Men Leather Business Shoes |
24,273.12 ISK (1,889.78 SEK) |
19,448.25 ISK (1,514.14 SEK) |
-19.9 % |
Rent Per Month | Reykjavik Edit |
Malmo Edit | |
| Apartment (1 bedroom) in City Centre |
259,077.12 ISK (20,170.44 SEK) |
121,836.46 ISK (9,485.57 SEK) |
-53.0 % |
| Apartment (1 bedroom) Outside of Centre |
231,561.94 ISK (18,028.24 SEK) |
95,047.12 ISK (7,399.89 SEK) |
-59.0 % |
| Apartment (3 bedrooms) in City Centre |
375,965.52 ISK (29,270.78 SEK) |
180,868.39 ISK (14,081.50 SEK) |
-51.9 % |
| Apartment (3 bedrooms) Outside of Centre |
334,230.77 ISK (26,021.52 SEK) |
143,695.10 ISK (11,187.38 SEK) |
-57.0 % |
Buy Apartment Price | Reykjavik Edit |
Malmo Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
81,846.89 ISK (6,372.19 SEK) |
51,481.24 ISK (4,008.07 SEK) |
-37.1 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
64,681.33 ISK (5,035.76 SEK) |
33,030.48 ISK (2,571.59 SEK) |
-48.9 % |
Salaries And Financing | Reykjavik Edit |
Malmo Edit | |
| Average Monthly Net Salary (After Tax) |
513,380.43 ISK (39,969.21 SEK) |
385,354.30 ISK (30,001.74 SEK) |
-24.9 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 8.14 | 4.83 | -40.6 % |
| Last update: | April 2024 | May 2024 | |
| Contributors in the past 12 months: | 162 | 71 |
Moving to Reykjavik? Explore:
Moving to Malmo? 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 Malmo: | Cost of Living in Lund | 10.87 miles |
| Cost of Living in Helsingborg | 40.38 miles |
| Cost of Living in Orkelljunga | 65.01 miles |
| Cost of Living in Almhult | 85.98 miles |
| Cost of Living in Karlskrona | 127.65 miles |
| Cost of Living in Gothenburg | 168.03 miles |
| Cost of Living in Kalmar | 176.63 miles |
| Cost of Living in Jonkoping | 181.42 miles |
| Cost of Living in Hogsby | 205.90 miles |