Cost of Living Comparison Between Reykjavik and Stockholm 

Indices DifferenceInfo
Consumer Prices in Stockholm are 25.0% lower than in Reykjavik (without rent)
Consumer Prices Including Rent in Stockholm are 25.1% lower than in Reykjavik
Rent Prices in Stockholm are 25.3% lower than in Reykjavik
Restaurant Prices in Stockholm are 33.8% lower than in Reykjavik
Groceries Prices in Stockholm are 31.3% lower than in Reykjavik
Local Purchasing Power in Stockholm is 17.5% higher than in Reykjavik
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Reykjavik Edit Stockholm Edit Difference
Meal, Inexpensive Restaurant 2,945.00 ISK
(229.68 SEK)
1,923.32 ISK
(150.00 SEK)
     -34.7 %
Meal for 2 People, Mid-range Restaurant, Three-course 17,000.00 ISK
(1,325.83 SEK)
10,955.35 ISK
(854.41 SEK)
     -35.6 %
McMeal at McDonalds (or Equivalent Combo Meal) 2,350.00 ISK
(183.28 SEK)
1,371.97 ISK
(107.00 SEK)
     -41.6 %
Domestic Beer (1 pint draught) 1,500.00 ISK
(116.99 SEK)
961.66 ISK
(75.00 SEK)
     -35.9 %
Imported Beer (12 oz small bottle) 1,250.00 ISK
(97.49 SEK)
910.37 ISK
(71.00 SEK)
     -27.2 %
Cappuccino (regular) 711.18 ISK
(55.47 SEK)
572.42 ISK
(44.64 SEK)
     -19.5 %
Coke/Pepsi (12 oz small bottle) 399.51 ISK
(31.16 SEK)
316.38 ISK
(24.67 SEK)
     -20.8 %
Water (12 oz small bottle) 288.03 ISK
(22.46 SEK)
278.86 ISK
(21.75 SEK)
     -3.2 %
Markets
Reykjavik Edit Stockholm Edit
Milk (regular), (1 gallon) 856.52 ISK
(66.80 SEK)
756.58 ISK
(59.01 SEK)
     -11.7 %
Loaf of Fresh White Bread (1 lb) 464.58 ISK
(36.23 SEK)
343.82 ISK
(26.81 SEK)
     -26.0 %
Rice (white), (1 lb) 207.81 ISK
(16.21 SEK)
227.67 ISK
(17.76 SEK)
     +9.6 %
Eggs (regular) (12) 821.68 ISK
(64.08 SEK)
560.73 ISK
(43.73 SEK)
     -31.8 %
Local Cheese (1 lb) 965.37 ISK
(75.29 SEK)
657.96 ISK
(51.31 SEK)
     -31.8 %
Chicken Fillets (1 lb) 1,233.09 ISK
(96.17 SEK)
726.72 ISK
(56.68 SEK)
     -41.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 1,982.11 ISK
(154.59 SEK)
1,110.17 ISK
(86.58 SEK)
     -44.0 %
Apples (1 lb) 212.21 ISK
(16.55 SEK)
193.49 ISK
(15.09 SEK)
     -8.8 %
Banana (1 lb) 134.69 ISK
(10.50 SEK)
153.59 ISK
(11.98 SEK)
     +14.0 %
Oranges (1 lb) 175.06 ISK
(13.65 SEK)
193.12 ISK
(15.06 SEK)
     +10.3 %
Tomato (1 lb) 309.60 ISK
(24.15 SEK)
274.67 ISK
(21.42 SEK)
     -11.3 %
Potato (1 lb) 196.68 ISK
(15.34 SEK)
95.84 ISK
(7.47 SEK)
     -51.3 %
Onion (1 lb) 140.44 ISK
(10.95 SEK)
112.68 ISK
(8.79 SEK)
     -19.8 %
Lettuce (1 head) 439.56 ISK
(34.28 SEK)
312.76 ISK
(24.39 SEK)
     -28.8 %
Water (1.5 liter bottle) 281.00 ISK
(21.92 SEK)
191.66 ISK
(14.95 SEK)
     -31.8 %
Bottle of Wine (Mid-Range) 2,749.50 ISK
(214.43 SEK)
1,538.65 ISK
(120.00 SEK)
     -44.0 %
Domestic Beer (0.5 liter bottle) 434.15 ISK
(33.86 SEK)
254.93 ISK
(19.88 SEK)
     -41.3 %
Imported Beer (12 oz small bottle) 355.89 ISK
(27.76 SEK)
290.63 ISK
(22.67 SEK)
     -18.3 %
Cigarettes 20 Pack (Marlboro) 1,650.00 ISK
(128.68 SEK)
910.37 ISK
(71.00 SEK)
     -44.8 %
Transportation
Reykjavik Edit Stockholm Edit
One-way Ticket (Local Transport) 570.00 ISK
(44.45 SEK)
538.53 ISK
(42.00 SEK)
     -5.5 %
Monthly Pass (Regular Price) 9,300.00 ISK
(725.31 SEK)
13,078.56 ISK
(1,020.00 SEK)
     +40.6 %
Taxi Start (Normal Tariff) 730.00 ISK
(56.93 SEK)
769.33 ISK
(60.00 SEK)
     +5.4 %
Taxi 1 mile (Normal Tariff) 504.53 ISK
(39.35 SEK)
619.06 ISK
(48.28 SEK)
     +22.7 %
Taxi 1hour Waiting (Normal Tariff) 9,630.00 ISK
(751.05 SEK)
7,244.50 ISK
(565.00 SEK)
     -24.8 %
Gasoline (1 gallon) 1,194.08 ISK
(93.13 SEK)
952.32 ISK
(74.27 SEK)
     -20.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 5,790,000.00 ISK
(451,563.42 SEK)
3,962,034.87 ISK
(309,000.00 SEK)
     -31.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 6,031,000.00 ISK
(470,359.06 SEK)
4,146,969.28 ISK
(323,423.08 SEK)
     -31.2 %
Utilities (Monthly)
Reykjavik Edit Stockholm Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 11,714.74 ISK
(913.64 SEK)
20,797.18 ISK
(1,621.98 SEK)
     +77.5 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 3,254.67 ISK
(253.83 SEK)
3,453.25 ISK
(269.32 SEK)
     +6.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 9,516.13 ISK
(742.17 SEK)
4,035.62 ISK
(314.74 SEK)
     -57.6 %
Sports And Leisure
Reykjavik Edit Stockholm Edit
Fitness Club, Monthly Fee for 1 Adult 9,103.59 ISK
(709.99 SEK)
5,348.61 ISK
(417.14 SEK)
     -41.2 %
Tennis Court Rent (1 Hour on Weekend) 4,014.29 ISK
(313.08 SEK)
4,719.67 ISK
(368.09 SEK)
     +17.6 %
Cinema, International Release, 1 Seat 2,000.00 ISK
(155.98 SEK)
2,038.72 ISK
(159.00 SEK)
     +1.9 %
Childcare
Reykjavik Edit Stockholm Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 33,406.33 ISK
(2,605.37 SEK)
18,931.86 ISK
(1,476.50 SEK)
     -43.3 %
International Primary School, Yearly for 1 Child 831,666.67 ISK
(64,861.87 SEK)
965,945.81 ISK
(75,334.33 SEK)
     +16.1 %
Clothing And Shoes
Reykjavik Edit Stockholm Edit
1 Pair of Jeans (Levis 501 Or Similar) 14,445.76 ISK
(1,126.63 SEK)
10,760.06 ISK
(839.18 SEK)
     -25.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 6,045.00 ISK
(471.45 SEK)
5,726.13 ISK
(446.58 SEK)
     -5.3 %
1 Pair of Nike Running Shoes (Mid-Range) 19,661.90 ISK
(1,533.44 SEK)
12,977.41 ISK
(1,012.11 SEK)
     -34.0 %
1 Pair of Men Leather Business Shoes 24,273.12 ISK
(1,893.07 SEK)
19,405.29 ISK
(1,513.42 SEK)
     -20.1 %
Rent Per Month
Reykjavik Edit Stockholm Edit
Apartment (1 bedroom) in City Centre 259,077.12 ISK
(20,205.48 SEK)
211,294.22 ISK
(16,478.88 SEK)
     -18.4 %
Apartment (1 bedroom) Outside of Centre 231,532.66 ISK
(18,057.28 SEK)
128,073.08 ISK
(9,988.45 SEK)
     -44.7 %
Apartment (3 bedrooms) in City Centre 375,965.52 ISK
(29,321.64 SEK)
339,334.82 ISK
(26,464.80 SEK)
     -9.7 %
Apartment (3 bedrooms) Outside of Centre 334,230.77 ISK
(26,066.73 SEK)
218,662.93 ISK
(17,053.57 SEK)
     -34.6 %
Buy Apartment Price
Reykjavik Edit Stockholm Edit
Price per Square Feet to Buy Apartment in City Centre 81,846.89 ISK
(6,383.26 SEK)
124,644.60 ISK
(9,721.06 SEK)
     +52.3 %
Price per Square Feet to Buy Apartment Outside of Centre 64,681.33 ISK
(5,044.51 SEK)
68,769.92 ISK
(5,363.38 SEK)
     +6.3 %
Salaries And Financing
Reykjavik Edit Stockholm Edit
Average Monthly Net Salary (After Tax) 513,380.43 ISK
(40,038.66 SEK)
451,926.70 ISK
(35,245.87 SEK)
     -12.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.14 4.51      -44.6 %
Last update: April 2024April 2024
Contributors in the past 12 months:163291