Cost of Living Comparison Between Haifa and Reykjavik 

Indices DifferenceInfo
Consumer Prices in Reykjavik are 32.1% higher than in Haifa (without rent)
Consumer Prices Including Rent in Reykjavik are 50.8% higher than in Haifa
Rent Prices in Reykjavik are 116.8% higher than in Haifa
Restaurant Prices in Reykjavik are 29.4% higher than in Haifa
Groceries Prices in Reykjavik are 51.8% higher than in Haifa
Local Purchasing Power in Reykjavik is 7.4% lower than in Haifa
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Haifa Edit Reykjavik Edit Difference
Meal, Inexpensive Restaurant 70.00 ₪
(2,625.97 kr)
78.50 ₪
(2,945.00 kr)
     +12.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 292.50 ₪
(10,972.81 kr)
453.17 ₪
(17,000.00 kr)
     +54.9 %
McMeal at McDonalds (or Equivalent Combo Meal) 53.00 ₪
(1,988.24 kr)
62.64 ₪
(2,350.00 kr)
     +18.2 %
Domestic Beer (1 pint draught) 30.50 ₪
(1,144.17 kr)
39.99 ₪
(1,500.00 kr)
     +31.1 %
Imported Beer (12 oz small bottle) 28.00 ₪
(1,050.39 kr)
33.32 ₪
(1,250.00 kr)
     +19.0 %
Cappuccino (regular) 13.69 ₪
(513.65 kr)
18.96 ₪
(711.14 kr)
     +38.4 %
Coke/Pepsi (12 oz small bottle) 10.39 ₪
(389.82 kr)
10.65 ₪
(399.48 kr)
     +2.5 %
Water (12 oz small bottle) 8.64 ₪
(324.12 kr)
7.68 ₪
(288.01 kr)
     -11.1 %
Markets
Haifa Edit Reykjavik Edit
Milk (regular), (1 gallon) 25.84 ₪
(969.24 kr)
22.83 ₪
(856.52 kr)
     -11.6 %
Loaf of Fresh White Bread (1 lb) 9.00 ₪
(337.81 kr)
12.38 ₪
(464.58 kr)
     +37.5 %
Rice (white), (1 lb) 4.51 ₪
(169.37 kr)
5.54 ₪
(207.81 kr)
     +22.7 %
Eggs (regular) (12) 13.85 ₪
(519.53 kr)
21.90 ₪
(821.68 kr)
     +58.2 %
Local Cheese (1 lb) 23.55 ₪
(883.47 kr)
25.73 ₪
(965.37 kr)
     +9.3 %
Chicken Fillets (1 lb) 16.45 ₪
(616.96 kr)
32.87 ₪
(1,233.09 kr)
     +99.9 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 32.41 ₪
(1,215.71 kr)
52.84 ₪
(1,982.11 kr)
     +63.0 %
Apples (1 lb) 4.51 ₪
(169.24 kr)
5.66 ₪
(212.21 kr)
     +25.4 %
Banana (1 lb) 3.54 ₪
(132.96 kr)
3.59 ₪
(134.68 kr)
     +1.3 %
Oranges (1 lb) 2.79 ₪
(104.83 kr)
4.67 ₪
(175.06 kr)
     +67.0 %
Tomato (1 lb) 3.07 ₪
(115.23 kr)
8.25 ₪
(309.60 kr)
     +168.7 %
Potato (1 lb) 2.11 ₪
(79.23 kr)
5.24 ₪
(196.68 kr)
     +148.3 %
Onion (1 lb) 2.05 ₪
(76.84 kr)
3.74 ₪
(140.44 kr)
     +82.8 %
Lettuce (1 head) 6.24 ₪
(234.23 kr)
11.72 ₪
(439.56 kr)
     +87.7 %
Water (1.5 liter bottle) 4.83 ₪
(181.32 kr)
7.49 ₪
(281.00 kr)
     +55.0 %
Bottle of Wine (Mid-Range) 35.00 ₪
(1,312.99 kr)
73.29 ₪
(2,749.50 kr)
     +109.4 %
Domestic Beer (0.5 liter bottle) 10.13 ₪
(379.88 kr)
11.57 ₪
(434.15 kr)
     +14.3 %
Imported Beer (12 oz small bottle) 11.96 ₪
(448.67 kr)
9.49 ₪
(355.89 kr)
     -20.7 %
Cigarettes 20 Pack (Marlboro) 35.00 ₪
(1,312.99 kr)
43.98 ₪
(1,650.00 kr)
     +25.7 %
Transportation
Haifa Edit Reykjavik Edit
One-way Ticket (Local Transport) 5.50 ₪
(206.33 kr)
15.19 ₪
(570.00 kr)
     +176.3 %
Monthly Pass (Regular Price) 225.00 ₪
(8,440.62 kr)
247.91 ₪
(9,300.00 kr)
     +10.2 %
Taxi Start (Normal Tariff) 25.00 ₪
(937.85 kr)
19.46 ₪
(730.00 kr)
     -22.2 %
Taxi 1 mile (Normal Tariff) 4.83 ₪
(181.12 kr)
13.45 ₪
(504.53 kr)
     +178.6 %
Taxi 1hour Waiting (Normal Tariff) 110.00 ₪
(4,126.53 kr)
256.70 ₪
(9,630.00 kr)
     +133.4 %
Gasoline (1 gallon) 26.77 ₪
(1,004.38 kr)
31.83 ₪
(1,194.08 kr)
     +18.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 160,000.00 ₪
(6,002,221.71 kr)
154,342.85 ₪
(5,790,000.00 kr)
     -3.5 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 149,442.22 ₪
(5,606,158.44 kr)
160,767.14 ₪
(6,031,000.00 kr)
     +7.6 %
Utilities (Monthly)
Haifa Edit Reykjavik Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 851.15 ₪
(31,929.94 kr)
312.24 ₪
(11,713.52 kr)
     -63.3 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 36.41 ₪
(1,365.73 kr)
86.76 ₪
(3,254.67 kr)
     +138.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 94.55 ₪
(3,546.77 kr)
253.74 ₪
(9,518.87 kr)
     +168.4 %
Sports And Leisure
Haifa Edit Reykjavik Edit
Fitness Club, Monthly Fee for 1 Adult 273.69 ₪
(10,267.04 kr)
242.67 ₪
(9,103.59 kr)
     -11.3 %
Tennis Court Rent (1 Hour on Weekend) 57.00 ₪
(2,138.29 kr)
107.01 ₪
(4,014.29 kr)
     +87.7 %
Cinema, International Release, 1 Seat 44.50 ₪
(1,669.37 kr)
53.31 ₪
(2,000.00 kr)
     +19.8 %
Childcare
Haifa Edit Reykjavik Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 3,154.17 ₪
(118,325.05 kr)
890.51 ₪
(33,406.33 kr)
     -71.8 %
International Primary School, Yearly for 1 Child 14,000.00 ₪
(525,194.40 kr)
22,169.57 ₪
(831,666.67 kr)
     +58.4 %
Clothing And Shoes
Haifa Edit Reykjavik Edit
1 Pair of Jeans (Levis 501 Or Similar) 287.22 ₪
(10,774.82 kr)
385.08 ₪
(14,445.76 kr)
     +34.1 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 194.38 ₪
(7,291.76 kr)
161.14 ₪
(6,045.00 kr)
     -17.1 %
1 Pair of Nike Running Shoes (Mid-Range) 402.05 ₪
(15,082.56 kr)
524.12 ₪
(19,661.90 kr)
     +30.4 %
1 Pair of Men Leather Business Shoes 404.17 ₪
(15,161.86 kr)
647.04 ₪
(24,273.12 kr)
     +60.1 %
Rent Per Month
Haifa Edit Reykjavik Edit
Apartment (1 bedroom) in City Centre 3,058.82 ₪
(114,748.36 kr)
6,906.17 ₪
(259,077.12 kr)
     +125.8 %
Apartment (1 bedroom) Outside of Centre 2,581.25 ₪
(96,832.72 kr)
6,172.54 ₪
(231,556.04 kr)
     +139.1 %
Apartment (3 bedrooms) in City Centre 5,023.53 ₪
(188,452.11 kr)
10,022.04 ₪
(375,965.52 kr)
     +99.5 %
Apartment (3 bedrooms) Outside of Centre 4,100.00 ₪
(153,806.93 kr)
8,909.52 ₪
(334,230.77 kr)
     +117.3 %
Buy Apartment Price
Haifa Edit Reykjavik Edit
Price per Square Feet to Buy Apartment in City Centre 1,919.98 ₪
(72,025.92 kr)
2,181.78 ₪
(81,846.89 kr)
     +13.6 %
Price per Square Feet to Buy Apartment Outside of Centre 1,511.23 ₪
(56,692.09 kr)
1,724.20 ₪
(64,681.33 kr)
     +14.1 %
Salaries And Financing
Haifa Edit Reykjavik Edit
Average Monthly Net Salary (After Tax) 9,798.58 ₪
(367,582.77 kr)
13,685.08 ₪
(513,380.43 kr)
     +39.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.33 8.14      +88.2 %
Last update: May 2024April 2024
Contributors in the past 12 months:95162