Cost of Living Comparison Between Santa Cruz de Tenerife and Reykjavik 
| Indices Difference |  |
|---|---|
| Cost of Living in Reykjavik is 107.0% higher than in Santa Cruz de Tenerife (excluding rent) | |
| Cost of Living Including Rent in Reykjavik is 105.5% higher than in Santa Cruz de Tenerife | |
| Rent Prices in Reykjavik are 102.0% higher than in Santa Cruz de Tenerife | |
| Restaurant Prices in Reykjavik are 123.0% higher than in Santa Cruz de Tenerife | |
| Groceries Prices in Reykjavik are 112.6% higher than in Santa Cruz de Tenerife | |
| Local Purchasing Power in Reykjavik is 24.7% higher than in Santa Cruz de Tenerife | |
Restaurants | Santa Cruz de Tenerife Edit |
Reykjavik Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.00 € (2,151.02 kr) |
23.36 € (3,350.00 kr) |
+55.7 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
47.50 € (6,811.57 kr) |
125.52 € (18,000.00 kr) |
+164.3 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
9.00 € (1,290.61 kr) |
19.53 € (2,800.00 kr) |
+117.0 % |
| Domestic Beer (1 pint draught) |
2.50 € (358.50 kr) |
11.16 € (1,600.00 kr) |
+346.3 % |
| Imported Beer (12 oz small bottle) |
3.40 € (487.57 kr) |
9.76 € (1,400.00 kr) |
+187.1 % |
| Cappuccino (regular) |
1.68 € (241.39 kr) |
5.31 € (760.91 kr) |
+215.2 % |
| Coke/Pepsi (12 oz small bottle) |
1.55 € (222.27 kr) |
2.84 € (406.95 kr) |
+83.1 % |
| Water (12 oz small bottle) |
0.90 € (129.06 kr) |
2.27 € (325.70 kr) |
+152.4 % |
Markets | Santa Cruz de Tenerife Edit |
Reykjavik Edit | |
| Milk (regular), (1 gallon) |
4.08 € (584.45 kr) |
6.31 € (904.20 kr) |
+54.7 % |
| Loaf of Fresh White Bread (1 lb) |
1.36 € (195.14 kr) |
3.36 € (481.56 kr) |
+146.8 % |
| Rice (white), (1 lb) |
0.58 € (82.93 kr) |
1.44 € (205.96 kr) |
+148.3 % |
| Eggs (regular) (12) |
2.79 € (399.37 kr) |
5.52 € (792.26 kr) |
+98.4 % |
| Local Cheese (1 lb) |
6.69 € (959.43 kr) |
7.19 € (1,030.72 kr) |
+7.4 % |
| Chicken Fillets (1 lb) |
3.36 € (481.34 kr) |
9.48 € (1,359.14 kr) |
+182.4 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
5.67 € (813.07 kr) |
16.69 € (2,393.54 kr) |
+194.4 % |
| Apples (1 lb) |
0.92 € (131.56 kr) |
1.29 € (185.13 kr) |
+40.7 % |
| Banana (1 lb) |
0.77 € (110.58 kr) |
0.97 € (139.78 kr) |
+26.4 % |
| Oranges (1 lb) |
0.64 € (91.06 kr) |
1.20 € (172.41 kr) |
+89.3 % |
| Tomato (1 lb) |
1.01 € (145.54 kr) |
1.97 € (282.44 kr) |
+94.1 % |
| Potato (1 lb) |
0.62 € (88.79 kr) |
1.42 € (203.58 kr) |
+129.3 % |
| Onion (1 lb) |
0.67 € (96.76 kr) |
0.94 € (134.22 kr) |
+38.7 % |
| Lettuce (1 head) |
1.49 € (213.31 kr) |
2.70 € (387.00 kr) |
+81.4 % |
| Water (1.5 liter bottle) |
0.58 € (83.79 kr) |
1.71 € (244.56 kr) |
+191.9 % |
| Bottle of Wine (Mid-Range) |
6.85 € (982.30 kr) |
20.92 € (3,000.00 kr) |
+205.4 % |
| Domestic Beer (0.5 liter bottle) |
1.26 € (181.06 kr) |
3.15 € (452.38 kr) |
+149.9 % |
| Imported Beer (12 oz small bottle) |
1.90 € (272.46 kr) |
2.93 € (419.67 kr) |
+54.0 % |
| Cigarettes 20 Pack (Marlboro) |
4.45 € (638.14 kr) |
11.85 € (1,700.00 kr) |
+166.4 % |
Transportation | Santa Cruz de Tenerife Edit |
Reykjavik Edit | |
| One-way Ticket (Local Transport) |
1.38 € (197.18 kr) |
4.53 € (650.00 kr) |
+229.7 % |
| Monthly Pass (Regular Price) |
30.00 € (4,302.04 kr) |
75.31 € (10,800.00 kr) |
+151.0 % |
| Taxi Start (Normal Tariff) |
4.25 € (609.46 kr) |
5.51 € (790.00 kr) |
+29.6 % |
| Taxi 1 mile (Normal Tariff) |
2.21 € (317.33 kr) |
3.64 € (521.43 kr) |
+64.3 % |
| Taxi 1hour Waiting (Normal Tariff) |
15.00 € (2,151.02 kr) |
74.69 € (10,710.00 kr) |
+397.9 % |
| Gasoline (1 gallon) |
5.45 € (781.04 kr) |
8.22 € (1,178.06 kr) |
+50.8 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,365.00 € (4,784,590.33 kr) |
41,073.50 € (5,890,000.00 kr) |
+23.1 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
26,000.00 € (3,728,438.44 kr) |
45,327.29 € (6,500,000.00 kr) |
+74.3 % |
Utilities (Monthly) | Santa Cruz de Tenerife Edit |
Reykjavik Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
78.18 € (11,211.39 kr) |
76.28 € (10,938.25 kr) |
-2.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
18.56 € (2,660.89 kr) |
24.90 € (3,571.05 kr) |
+34.2 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
26.29 € (3,769.41 kr) |
74.05 € (10,618.75 kr) |
+181.7 % |
Sports And Leisure | Santa Cruz de Tenerife Edit |
Reykjavik Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
43.50 € (6,237.96 kr) |
72.02 € (10,327.22 kr) |
+65.6 % |
| Tennis Court Rent (1 Hour on Weekend) |
9.56 € (1,370.34 kr) |
39.40 € (5,650.00 kr) |
+312.3 % |
| Cinema, International Release, 1 Seat |
8.50 € (1,218.91 kr) |
15.27 € (2,190.00 kr) |
+79.7 % |
Childcare | Santa Cruz de Tenerife Edit |
Reykjavik Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
300.00 € (43,020.44 kr) |
278.68 € (39,962.88 kr) |
-7.1 % |
| International Primary School, Yearly for 1 Child |
7,233.33 € (1,037,270.69 kr) |
26,110.57 € (3,744,295.00 kr) |
+261.0 % |
Clothing And Shoes | Santa Cruz de Tenerife Edit |
Reykjavik Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
73.00 € (10,468.31 kr) |
121.91 € (17,482.50 kr) |
+67.0 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
30.00 € (4,302.04 kr) |
57.18 € (8,199.00 kr) |
+90.6 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
74.17 € (10,635.61 kr) |
160.91 € (23,074.58 kr) |
+117.0 % |
| 1 Pair of Men Leather Business Shoes |
60.00 € (8,604.09 kr) |
232.43 € (33,331.11 kr) |
+287.4 % |
Rent Per Month | Santa Cruz de Tenerife Edit |
Reykjavik Edit | |
| Apartment (1 bedroom) in City Centre |
1,000.00 € (143,401.48 kr) |
1,921.01 € (275,476.19 kr) |
+92.1 % |
| Apartment (1 bedroom) Outside of Centre |
833.33 € (119,501.23 kr) |
1,760.79 € (252,500.00 kr) |
+111.3 % |
| Apartment (3 bedrooms) in City Centre |
1,400.00 € (200,762.07 kr) |
2,758.28 € (395,541.67 kr) |
+97.0 % |
| Apartment (3 bedrooms) Outside of Centre |
1,133.33 € (162,521.68 kr) |
2,379.84 € (341,272.73 kr) |
+110.0 % |
Buy Apartment Price | Santa Cruz de Tenerife Edit |
Reykjavik Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
276.38 € (39,633.91 kr) |
614.92 € (88,179.73 kr) |
+122.5 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
167.22 € (23,980.18 kr) |
519.98 € (74,565.62 kr) |
+210.9 % |
Salaries And Financing | Santa Cruz de Tenerife Edit |
Reykjavik Edit | |
| Average Monthly Net Salary (After Tax) |
1,427.14 € (204,654.40 kr) |
3,656.84 € (524,396.91 kr) |
+156.2 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.50 | 9.62 | +174.7 % |
| Last update: | 26 June 2025 | 2 July 2025 | |
| Contributors in the past 12 months: | 36 | 123 |
Moving to Reykjavik? Explore:
Cities near Santa Cruz de Tenerife: | Cost of Living in El Medano | 37.84 miles |
| Cost of Living in Canary Islands | 39.76 miles |
| Cost of Living in Las Palmas de Gran Canaria | 68.31 miles |
Cities near Reykjavik: | Cost of Living in Hafnarfjörður (Hafnarfjorour) | 6.29 miles |
| Cost of Living in Akranes | 29.20 miles |
| Cost of Living in Grindavik | 31.33 miles |
| Cost of Living in Grundarfjordur | 108.80 miles |
| Cost of Living in Kirkjubaejarklaustur | 159.08 miles |
| Cost of Living in Hofsos | 210.99 miles |