Cost of Living Comparison Between Dublin and Reykjavik 

Indices DifferenceInfo
Consumer Prices in Reykjavik are 19.3% higher than in Dublin (without rent)
Consumer Prices Including Rent in Reykjavik are 2.7% higher than in Dublin
Rent Prices in Reykjavik are 20.9% lower than in Dublin
Restaurant Prices in Reykjavik are 17.4% higher than in Dublin
Groceries Prices in Reykjavik are 46.8% higher than in Dublin
Local Purchasing Power in Reykjavik is 2.0% higher than in Dublin
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Dublin Edit Reykjavik Edit Difference
Meal, Inexpensive Restaurant 20.00 €
(3,007.38 kr)
19.59 €
(2,945.00 kr)
     -2.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 90.00 €
(13,533.19 kr)
113.06 €
(17,000.00 kr)
     +25.6 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 €
(1,503.69 kr)
15.63 €
(2,350.00 kr)
     +56.3 %
Domestic Beer (1 pint draught) 6.50 €
(977.40 kr)
9.98 €
(1,500.00 kr)
     +53.5 %
Imported Beer (12 oz small bottle) 6.50 €
(977.40 kr)
8.31 €
(1,250.00 kr)
     +27.9 %
Cappuccino (regular) 3.96 €
(595.56 kr)
4.73 €
(711.14 kr)
     +19.4 %
Coke/Pepsi (12 oz small bottle) 2.47 €
(371.23 kr)
2.66 €
(399.48 kr)
     +7.6 %
Water (12 oz small bottle) 1.93 €
(289.97 kr)
1.92 €
(288.01 kr)
     -0.7 %
Markets
Dublin Edit Reykjavik Edit
Milk (regular), (1 gallon) 4.83 €
(725.56 kr)
5.70 €
(856.52 kr)
     +18.1 %
Loaf of Fresh White Bread (1 lb) 1.50 €
(225.96 kr)
3.09 €
(464.58 kr)
     +105.6 %
Rice (white), (1 lb) 0.78 €
(117.25 kr)
1.38 €
(207.81 kr)
     +77.2 %
Eggs (regular) (12) 3.82 €
(573.86 kr)
5.46 €
(821.68 kr)
     +43.2 %
Local Cheese (1 lb) 3.38 €
(508.99 kr)
6.42 €
(965.37 kr)
     +89.7 %
Chicken Fillets (1 lb) 4.25 €
(638.43 kr)
8.20 €
(1,233.09 kr)
     +93.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 4.99 €
(750.08 kr)
13.18 €
(1,982.11 kr)
     +164.3 %
Apples (1 lb) 1.19 €
(179.10 kr)
1.41 €
(212.21 kr)
     +18.5 %
Banana (1 lb) 0.95 €
(142.30 kr)
0.90 €
(134.68 kr)
     -5.4 %
Oranges (1 lb) 1.24 €
(187.06 kr)
1.16 €
(175.06 kr)
     -6.4 %
Tomato (1 lb) 1.60 €
(241.06 kr)
2.06 €
(309.60 kr)
     +28.4 %
Potato (1 lb) 0.83 €
(125.02 kr)
1.31 €
(196.68 kr)
     +57.3 %
Onion (1 lb) 0.67 €
(100.15 kr)
0.93 €
(140.44 kr)
     +40.2 %
Lettuce (1 head) 1.23 €
(184.54 kr)
2.92 €
(439.56 kr)
     +138.2 %
Water (1.5 liter bottle) 1.60 €
(240.38 kr)
1.87 €
(281.00 kr)
     +16.9 %
Bottle of Wine (Mid-Range) 12.00 €
(1,804.43 kr)
18.29 €
(2,749.50 kr)
     +52.4 %
Domestic Beer (0.5 liter bottle) 3.90 €
(587.01 kr)
2.89 €
(434.15 kr)
     -26.0 %
Imported Beer (12 oz small bottle) 4.16 €
(625.91 kr)
2.37 €
(355.89 kr)
     -43.1 %
Cigarettes 20 Pack (Marlboro) 16.00 €
(2,405.90 kr)
10.97 €
(1,650.00 kr)
     -31.4 %
Transportation
Dublin Edit Reykjavik Edit
One-way Ticket (Local Transport) 2.00 €
(300.74 kr)
3.79 €
(570.00 kr)
     +89.5 %
Monthly Pass (Regular Price) 120.00 €
(18,044.26 kr)
61.85 €
(9,300.00 kr)
     -48.5 %
Taxi Start (Normal Tariff) 4.35 €
(654.10 kr)
4.85 €
(730.00 kr)
     +11.6 %
Taxi 1 mile (Normal Tariff) 3.22 €
(483.99 kr)
3.36 €
(504.53 kr)
     +4.2 %
Taxi 1hour Waiting (Normal Tariff) 35.00 €
(5,262.91 kr)
64.04 €
(9,630.00 kr)
     +83.0 %
Gasoline (1 gallon) 6.65 €
(1,000.56 kr)
7.94 €
(1,194.08 kr)
     +19.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 36,675.00 €
(5,514,776.29 kr)
38,505.32 €
(5,790,000.00 kr)
     +5.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 32,975.43 €
(4,958,477.05 kr)
40,108.05 €
(6,031,000.00 kr)
     +21.6 %
Utilities (Monthly)
Dublin Edit Reykjavik Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 275.65 €
(41,448.50 kr)
77.90 €
(11,713.52 kr)
     -71.7 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 22.67 €
(3,409.02 kr)
21.64 €
(3,254.67 kr)
     -4.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 52.85 €
(7,946.37 kr)
63.32 €
(9,521.77 kr)
     +19.8 %
Sports And Leisure
Dublin Edit Reykjavik Edit
Fitness Club, Monthly Fee for 1 Adult 46.78 €
(7,034.11 kr)
60.54 €
(9,103.59 kr)
     +29.4 %
Tennis Court Rent (1 Hour on Weekend) 21.26 €
(3,196.97 kr)
26.70 €
(4,014.29 kr)
     +25.6 %
Cinema, International Release, 1 Seat 13.00 €
(1,954.79 kr)
13.30 €
(2,000.00 kr)
     +2.3 %
Childcare
Dublin Edit Reykjavik Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,279.55 €
(192,403.73 kr)
222.16 €
(33,406.33 kr)
     -82.6 %
International Primary School, Yearly for 1 Child 9,799.23 €
(1,473,498.72 kr)
5,530.85 €
(831,666.67 kr)
     -43.6 %
Clothing And Shoes
Dublin Edit Reykjavik Edit
1 Pair of Jeans (Levis 501 Or Similar) 88.30 €
(13,278.02 kr)
96.07 €
(14,445.76 kr)
     +8.8 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 38.35 €
(5,766.32 kr)
40.20 €
(6,045.00 kr)
     +4.8 %
1 Pair of Nike Running Shoes (Mid-Range) 89.61 €
(13,473.84 kr)
130.76 €
(19,661.90 kr)
     +45.9 %
1 Pair of Men Leather Business Shoes 92.46 €
(13,902.85 kr)
161.42 €
(24,273.12 kr)
     +74.6 %
Rent Per Month
Dublin Edit Reykjavik Edit
Apartment (1 bedroom) in City Centre 2,054.13 €
(308,877.16 kr)
1,722.94 €
(259,077.12 kr)
     -16.1 %
Apartment (1 bedroom) Outside of Centre 1,784.21 €
(268,289.62 kr)
1,539.95 €
(231,559.74 kr)
     -13.7 %
Apartment (3 bedrooms) in City Centre 3,410.20 €
(512,788.42 kr)
2,500.29 €
(375,965.52 kr)
     -26.7 %
Apartment (3 bedrooms) Outside of Centre 2,851.30 €
(428,746.95 kr)
2,222.74 €
(334,230.77 kr)
     -22.0 %
Buy Apartment Price
Dublin Edit Reykjavik Edit
Price per Square Feet to Buy Apartment in City Centre 670.66 €
(100,846.41 kr)
544.31 €
(81,846.89 kr)
     -18.8 %
Price per Square Feet to Buy Apartment Outside of Centre 478.66 €
(71,975.01 kr)
430.15 €
(64,681.33 kr)
     -10.1 %
Salaries And Financing
Dublin Edit Reykjavik Edit
Average Monthly Net Salary (After Tax) 3,258.66 €
(490,001.52 kr)
3,414.14 €
(513,380.43 kr)
     +4.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.57 8.14      +78.1 %
Last update: May 2024April 2024
Contributors in the past 12 months:520162