Cost of Living Comparison Between Amsterdam and Reykjavik 

Indices DifferenceInfo
Consumer Prices in Reykjavik are 24.5% higher than in Amsterdam (without rent)
Consumer Prices Including Rent in Reykjavik are 10.4% higher than in Amsterdam
Rent Prices in Reykjavik are 11.2% lower than in Amsterdam
Restaurant Prices in Reykjavik are 18.1% higher than in Amsterdam
Groceries Prices in Reykjavik are 56.6% higher than in Amsterdam
Local Purchasing Power in Reykjavik is 14.0% lower than in Amsterdam
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Amsterdam 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 85.00 €
(12,781.35 kr)
113.06 €
(17,000.00 kr)
     +33.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 €
(1,804.43 kr)
15.63 €
(2,350.00 kr)
     +30.2 %
Domestic Beer (1 pint draught) 6.25 €
(939.81 kr)
9.98 €
(1,500.00 kr)
     +59.6 %
Imported Beer (12 oz small bottle) 5.50 €
(827.03 kr)
8.31 €
(1,250.00 kr)
     +51.1 %
Cappuccino (regular) 3.92 €
(588.72 kr)
4.73 €
(711.14 kr)
     +20.8 %
Coke/Pepsi (12 oz small bottle) 3.02 €
(454.70 kr)
2.66 €
(399.48 kr)
     -12.1 %
Water (12 oz small bottle) 2.57 €
(386.10 kr)
1.92 €
(288.01 kr)
     -25.4 %
Markets
Amsterdam Edit Reykjavik Edit
Milk (regular), (1 gallon) 4.63 €
(696.77 kr)
5.70 €
(856.52 kr)
     +22.9 %
Loaf of Fresh White Bread (1 lb) 1.62 €
(243.03 kr)
3.09 €
(464.58 kr)
     +91.2 %
Rice (white), (1 lb) 1.16 €
(174.84 kr)
1.38 €
(207.81 kr)
     +18.9 %
Eggs (regular) (12) 4.03 €
(606.56 kr)
5.46 €
(821.68 kr)
     +35.5 %
Local Cheese (1 lb) 5.34 €
(803.21 kr)
6.42 €
(965.37 kr)
     +20.2 %
Chicken Fillets (1 lb) 5.43 €
(816.55 kr)
8.20 €
(1,233.09 kr)
     +51.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.33 €
(951.63 kr)
13.18 €
(1,982.11 kr)
     +108.3 %
Apples (1 lb) 0.84 €
(126.80 kr)
1.41 €
(212.21 kr)
     +67.4 %
Banana (1 lb) 0.91 €
(136.86 kr)
0.90 €
(134.68 kr)
     -1.6 %
Oranges (1 lb) 0.85 €
(128.15 kr)
1.16 €
(175.06 kr)
     +36.6 %
Tomato (1 lb) 1.39 €
(209.52 kr)
2.06 €
(309.60 kr)
     +47.8 %
Potato (1 lb) 0.76 €
(114.77 kr)
1.31 €
(196.68 kr)
     +71.4 %
Onion (1 lb) 0.76 €
(113.61 kr)
0.93 €
(140.44 kr)
     +23.6 %
Lettuce (1 head) 1.12 €
(168.12 kr)
2.92 €
(439.56 kr)
     +161.5 %
Water (1.5 liter bottle) 0.75 €
(112.52 kr)
1.87 €
(281.00 kr)
     +149.7 %
Bottle of Wine (Mid-Range) 6.33 €
(951.08 kr)
18.29 €
(2,749.50 kr)
     +189.1 %
Domestic Beer (0.5 liter bottle) 1.32 €
(198.74 kr)
2.89 €
(434.15 kr)
     +118.4 %
Imported Beer (12 oz small bottle) 2.30 €
(345.93 kr)
2.37 €
(355.89 kr)
     +2.9 %
Cigarettes 20 Pack (Marlboro) 9.50 €
(1,428.50 kr)
10.97 €
(1,650.00 kr)
     +15.5 %
Transportation
Amsterdam Edit Reykjavik Edit
One-way Ticket (Local Transport) 3.40 €
(511.25 kr)
3.79 €
(570.00 kr)
     +11.5 %
Monthly Pass (Regular Price) 81.50 €
(12,255.06 kr)
61.85 €
(9,300.00 kr)
     -24.1 %
Taxi Start (Normal Tariff) 4.00 €
(601.48 kr)
4.85 €
(730.00 kr)
     +21.4 %
Taxi 1 mile (Normal Tariff) 3.86 €
(580.79 kr)
3.36 €
(504.53 kr)
     -13.1 %
Taxi 1hour Waiting (Normal Tariff) 32.50 €
(4,886.99 kr)
64.04 €
(9,630.00 kr)
     +97.1 %
Gasoline (1 gallon) 7.48 €
(1,125.06 kr)
7.94 €
(1,194.08 kr)
     +6.1 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 29,500.00 €
(4,435,880.04 kr)
38,505.32 €
(5,790,000.00 kr)
     +30.5 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 31,969.58 €
(4,807,228.36 kr)
40,108.05 €
(6,031,000.00 kr)
     +25.5 %
Utilities (Monthly)
Amsterdam Edit Reykjavik Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 242.70 €
(36,494.35 kr)
77.90 €
(11,713.52 kr)
     -67.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 20.26 €
(3,047.14 kr)
21.64 €
(3,254.67 kr)
     +6.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 45.28 €
(6,808.04 kr)
63.32 €
(9,521.79 kr)
     +39.9 %
Sports And Leisure
Amsterdam Edit Reykjavik Edit
Fitness Club, Monthly Fee for 1 Adult 57.27 €
(8,611.62 kr)
60.54 €
(9,103.59 kr)
     +5.7 %
Tennis Court Rent (1 Hour on Weekend) 19.52 €
(2,935.20 kr)
26.70 €
(4,014.29 kr)
     +36.8 %
Cinema, International Release, 1 Seat 15.00 €
(2,255.53 kr)
13.30 €
(2,000.00 kr)
     -11.3 %
Childcare
Amsterdam Edit Reykjavik Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,919.12 €
(288,575.85 kr)
222.16 €
(33,406.33 kr)
     -88.4 %
International Primary School, Yearly for 1 Child 10,208.57 €
(1,535,050.79 kr)
5,530.85 €
(831,666.67 kr)
     -45.8 %
Clothing And Shoes
Amsterdam Edit Reykjavik Edit
1 Pair of Jeans (Levis 501 Or Similar) 80.04 €
(12,035.72 kr)
96.07 €
(14,445.76 kr)
     +20.0 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 30.96 €
(4,655.36 kr)
40.20 €
(6,045.00 kr)
     +29.9 %
1 Pair of Nike Running Shoes (Mid-Range) 88.34 €
(13,284.16 kr)
130.76 €
(19,661.90 kr)
     +48.0 %
1 Pair of Men Leather Business Shoes 100.62 €
(15,129.42 kr)
161.42 €
(24,273.12 kr)
     +60.4 %
Rent Per Month
Amsterdam Edit Reykjavik Edit
Apartment (1 bedroom) in City Centre 1,883.92 €
(283,282.14 kr)
1,722.94 €
(259,077.12 kr)
     -8.5 %
Apartment (1 bedroom) Outside of Centre 1,550.00 €
(233,071.66 kr)
1,539.95 €
(231,559.74 kr)
     -0.6 %
Apartment (3 bedrooms) in City Centre 3,205.43 €
(481,995.96 kr)
2,500.29 €
(375,965.52 kr)
     -22.0 %
Apartment (3 bedrooms) Outside of Centre 2,357.69 €
(354,523.40 kr)
2,222.74 €
(334,230.77 kr)
     -5.7 %
Buy Apartment Price
Amsterdam Edit Reykjavik Edit
Price per Square Feet to Buy Apartment in City Centre 805.71 €
(121,153.05 kr)
544.31 €
(81,846.89 kr)
     -32.4 %
Price per Square Feet to Buy Apartment Outside of Centre 555.62 €
(83,548.61 kr)
430.15 €
(64,681.33 kr)
     -22.6 %
Salaries And Financing
Amsterdam Edit Reykjavik Edit
Average Monthly Net Salary (After Tax) 3,592.69 €
(540,229.12 kr)
3,414.14 €
(513,380.43 kr)
     -5.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.99 8.14      +104.1 %
Last update: May 2024April 2024
Contributors in the past 12 months:538162