Cost of Living Comparison Between Santa Cruz de Tenerife and Reykjavik 

Indices DifferenceInfo
Consumer Prices in Reykjavik are 106.5% higher than in Santa Cruz de Tenerife (without rent)
Consumer Prices Including Rent in Reykjavik are 100.5% higher than in Santa Cruz de Tenerife
Rent Prices in Reykjavik are 88.6% higher than in Santa Cruz de Tenerife
Restaurant Prices in Reykjavik are 121.1% higher than in Santa Cruz de Tenerife
Groceries Prices in Reykjavik are 141.3% higher than in Santa Cruz de Tenerife
Local Purchasing Power in Reykjavik is 28.5% higher than in Santa Cruz de Tenerife
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Santa Cruz de Tenerife Edit Reykjavik Edit Difference
Meal, Inexpensive Restaurant 12.00 €
(1,804.43 kr)
19.59 €
(2,945.00 kr)
     +63.2 %
Meal for 2 People, Mid-range Restaurant, Three-course 42.50 €
(6,390.67 kr)
113.06 €
(17,000.00 kr)
     +166.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 8.00 €
(1,202.95 kr)
15.63 €
(2,350.00 kr)
     +95.4 %
Domestic Beer (1 pint draught) 2.00 €
(300.74 kr)
9.98 €
(1,500.00 kr)
     +398.8 %
Imported Beer (12 oz small bottle) 2.50 €
(375.92 kr)
8.31 €
(1,250.00 kr)
     +232.5 %
Cappuccino (regular) 1.73 €
(259.39 kr)
4.73 €
(711.21 kr)
     +174.2 %
Coke/Pepsi (12 oz small bottle) 1.18 €
(177.20 kr)
2.66 €
(399.56 kr)
     +125.5 %
Water (12 oz small bottle) 0.83 €
(125.31 kr)
1.92 €
(288.04 kr)
     +129.9 %
Markets
Santa Cruz de Tenerife Edit Reykjavik Edit
Milk (regular), (1 gallon) 4.33 €
(650.79 kr)
5.70 €
(856.52 kr)
     +31.6 %
Loaf of Fresh White Bread (1 lb) 1.24 €
(186.43 kr)
3.09 €
(464.58 kr)
     +149.2 %
Rice (white), (1 lb) 0.46 €
(69.34 kr)
1.38 €
(207.81 kr)
     +199.7 %
Eggs (regular) (12) 2.32 €
(348.55 kr)
5.46 €
(821.68 kr)
     +135.7 %
Local Cheese (1 lb) 4.83 €
(726.40 kr)
6.42 €
(965.37 kr)
     +32.9 %
Chicken Fillets (1 lb) 2.80 €
(420.49 kr)
8.20 €
(1,233.09 kr)
     +193.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 3.40 €
(511.55 kr)
13.18 €
(1,982.11 kr)
     +287.5 %
Apples (1 lb) 0.72 €
(108.11 kr)
1.41 €
(212.21 kr)
     +96.3 %
Banana (1 lb) 0.64 €
(96.51 kr)
0.90 €
(134.69 kr)
     +39.6 %
Oranges (1 lb) 0.56 €
(84.12 kr)
1.16 €
(175.06 kr)
     +108.1 %
Tomato (1 lb) 1.04 €
(156.87 kr)
2.06 €
(309.60 kr)
     +97.4 %
Potato (1 lb) 0.45 €
(68.21 kr)
1.31 €
(196.68 kr)
     +188.4 %
Onion (1 lb) 0.64 €
(95.49 kr)
0.93 €
(140.44 kr)
     +47.1 %
Lettuce (1 head) 1.04 €
(156.01 kr)
2.92 €
(439.56 kr)
     +181.8 %
Water (1.5 liter bottle) 0.60 €
(90.01 kr)
1.87 €
(281.00 kr)
     +212.2 %
Bottle of Wine (Mid-Range) 6.00 €
(902.21 kr)
18.29 €
(2,749.50 kr)
     +204.8 %
Domestic Beer (0.5 liter bottle) 1.21 €
(182.49 kr)
2.89 €
(434.15 kr)
     +137.9 %
Imported Beer (12 oz small bottle) 1.90 €
(285.70 kr)
2.37 €
(355.89 kr)
     +24.6 %
Cigarettes 20 Pack (Marlboro) 4.00 €
(601.48 kr)
10.97 €
(1,650.00 kr)
     +174.3 %
Transportation
Santa Cruz de Tenerife Edit Reykjavik Edit
One-way Ticket (Local Transport) 1.50 €
(225.55 kr)
3.79 €
(570.00 kr)
     +152.7 %
Monthly Pass (Regular Price) 34.00 €
(5,112.54 kr)
61.85 €
(9,300.00 kr)
     +81.9 %
Taxi Start (Normal Tariff) 2.60 €
(390.96 kr)
4.85 €
(730.00 kr)
     +86.7 %
Taxi 1 mile (Normal Tariff) 2.49 €
(375.09 kr)
3.36 €
(504.53 kr)
     +34.5 %
Taxi 1hour Waiting (Normal Tariff) 20.00 €
(3,007.38 kr)
64.04 €
(9,630.00 kr)
     +220.2 %
Gasoline (1 gallon) 5.71 €
(858.71 kr)
7.94 €
(1,194.08 kr)
     +39.1 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 €
(5,017,055.51 kr)
38,505.32 €
(5,790,000.00 kr)
     +15.4 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 20,666.67 €
(3,107,622.18 kr)
40,108.05 €
(6,031,000.00 kr)
     +94.1 %
Utilities (Monthly)
Santa Cruz de Tenerife Edit Reykjavik Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 71.15 €
(10,699.20 kr)
77.91 €
(11,715.58 kr)
     +9.5 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 17.75 €
(2,669.05 kr)
21.64 €
(3,254.67 kr)
     +21.9 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 30.71 €
(4,618.47 kr)
63.33 €
(9,522.15 kr)
     +106.2 %
Sports And Leisure
Santa Cruz de Tenerife Edit Reykjavik Edit
Fitness Club, Monthly Fee for 1 Adult 39.14 €
(5,885.87 kr)
60.54 €
(9,103.59 kr)
     +54.7 %
Tennis Court Rent (1 Hour on Weekend) 9.00 €
(1,353.32 kr)
26.70 €
(4,014.29 kr)
     +196.6 %
Cinema, International Release, 1 Seat 7.50 €
(1,127.77 kr)
13.30 €
(2,000.00 kr)
     +77.3 %
Childcare
Santa Cruz de Tenerife Edit Reykjavik Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 300.00 €
(45,110.64 kr)
222.16 €
(33,406.33 kr)
     -25.9 %
International Primary School, Yearly for 1 Child 7,233.33 €
(1,087,667.76 kr)
5,530.85 €
(831,666.67 kr)
     -23.5 %
Clothing And Shoes
Santa Cruz de Tenerife Edit Reykjavik Edit
1 Pair of Jeans (Levis 501 Or Similar) 67.88 €
(10,206.28 kr)
96.07 €
(14,445.76 kr)
     +41.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 22.50 €
(3,383.30 kr)
40.20 €
(6,045.00 kr)
     +78.7 %
1 Pair of Nike Running Shoes (Mid-Range) 67.50 €
(10,149.90 kr)
130.76 €
(19,661.90 kr)
     +93.7 %
1 Pair of Men Leather Business Shoes 50.00 €
(7,518.44 kr)
161.42 €
(24,273.12 kr)
     +222.8 %
Rent Per Month
Santa Cruz de Tenerife Edit Reykjavik Edit
Apartment (1 bedroom) in City Centre 900.00 €
(135,331.93 kr)
1,722.94 €
(259,077.12 kr)
     +91.4 %
Apartment (1 bedroom) Outside of Centre 812.50 €
(122,174.66 kr)
1,539.92 €
(231,555.24 kr)
     +89.5 %
Apartment (3 bedrooms) in City Centre 1,300.00 €
(195,479.46 kr)
2,500.29 €
(375,965.52 kr)
     +92.3 %
Apartment (3 bedrooms) Outside of Centre 1,225.00 €
(184,201.80 kr)
2,222.74 €
(334,230.77 kr)
     +81.4 %
Buy Apartment Price
Santa Cruz de Tenerife Edit Reykjavik Edit
Price per Square Feet to Buy Apartment in City Centre 222.97 €
(33,527.05 kr)
544.31 €
(81,846.89 kr)
     +144.1 %
Price per Square Feet to Buy Apartment Outside of Centre 153.29 €
(23,049.85 kr)
430.15 €
(64,681.33 kr)
     +180.6 %
Salaries And Financing
Santa Cruz de Tenerife Edit Reykjavik Edit
Average Monthly Net Salary (After Tax) 1,325.00 €
(199,238.68 kr)
3,414.14 €
(513,380.43 kr)
     +157.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.40 8.14      +139.4 %
Last update: May 2024April 2024
Contributors in the past 12 months:36162