Cost of Living Comparison Between Santa Cruz de Tenerife and Reykjavik 
| Indices Difference |  |
|---|---|
| Cost of Living in Reykjavik is 106.7% 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 102.5% higher than in Santa Cruz de Tenerife | |
| Restaurant Prices in Reykjavik are 120.9% higher than in Santa Cruz de Tenerife | |
| Groceries Prices in Reykjavik are 115.5% higher than in Santa Cruz de Tenerife | |
| Local Purchasing Power in Reykjavik is 27.7% higher than in Santa Cruz de Tenerife | |
Restaurants | Santa Cruz de Tenerife Edit |
Reykjavik Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
2,145.28 kr (15.00 €) |
3,350.00 kr (23.42 €) |
+56.2 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
7,150.95 kr (50.00 €) |
18,000.00 kr (125.86 €) |
+151.7 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
1,287.17 kr (9.00 €) |
2,800.00 kr (19.58 €) |
+117.5 % |
| Domestic Beer (1 pint draught) |
357.55 kr (2.50 €) |
1,600.00 kr (11.19 €) |
+347.5 % |
| Imported Beer (12 oz small bottle) |
400.45 kr (2.80 €) |
1,400.00 kr (9.79 €) |
+249.6 % |
| Cappuccino (regular) |
247.22 kr (1.73 €) |
760.62 kr (5.32 €) |
+207.7 % |
| Coke/Pepsi (12 oz small bottle) |
221.68 kr (1.55 €) |
412.05 kr (2.88 €) |
+85.9 % |
| Water (12 oz small bottle) |
128.72 kr (0.90 €) |
319.96 kr (2.24 €) |
+148.6 % |
Markets | Santa Cruz de Tenerife Edit |
Reykjavik Edit | |
| Milk (regular), (1 gallon) |
582.89 kr (4.08 €) |
900.14 kr (6.29 €) |
+54.4 % |
| Loaf of Fresh White Bread (1 lb) |
194.62 kr (1.36 €) |
481.56 kr (3.37 €) |
+147.4 % |
| Rice (white), (1 lb) |
82.71 kr (0.58 €) |
205.96 kr (1.44 €) |
+149.0 % |
| Eggs (regular) (12) |
380.43 kr (2.66 €) |
792.26 kr (5.54 €) |
+108.3 % |
| Local Cheese (1 lb) |
956.87 kr (6.69 €) |
1,023.86 kr (7.16 €) |
+7.0 % |
| Chicken Fillets (1 lb) |
475.73 kr (3.33 €) |
1,359.14 kr (9.50 €) |
+185.7 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
810.90 kr (5.67 €) |
2,393.54 kr (16.74 €) |
+195.2 % |
| Apples (1 lb) |
137.40 kr (0.96 €) |
185.13 kr (1.29 €) |
+34.7 % |
| Banana (1 lb) |
96.23 kr (0.67 €) |
139.54 kr (0.98 €) |
+45.0 % |
| Oranges (1 lb) |
90.82 kr (0.64 €) |
172.41 kr (1.21 €) |
+89.8 % |
| Tomato (1 lb) |
145.15 kr (1.01 €) |
282.44 kr (1.97 €) |
+94.6 % |
| Potato (1 lb) |
88.55 kr (0.62 €) |
203.58 kr (1.42 €) |
+129.9 % |
| Onion (1 lb) |
96.50 kr (0.67 €) |
134.22 kr (0.94 €) |
+39.1 % |
| Lettuce (1 head) |
185.92 kr (1.30 €) |
387.00 kr (2.71 €) |
+108.1 % |
| Water (1.5 liter bottle) |
83.56 kr (0.58 €) |
244.56 kr (1.71 €) |
+192.7 % |
| Bottle of Wine (Mid-Range) |
979.68 kr (6.85 €) |
3,000.00 kr (20.98 €) |
+206.2 % |
| Domestic Beer (0.5 liter bottle) |
192.50 kr (1.35 €) |
454.67 kr (3.18 €) |
+136.2 % |
| Imported Beer (12 oz small bottle) |
218.10 kr (1.52 €) |
408.00 kr (2.85 €) |
+87.1 % |
| Cigarettes 20 Pack (Marlboro) |
629.28 kr (4.40 €) |
1,700.00 kr (11.89 €) |
+170.1 % |
Transportation | Santa Cruz de Tenerife Edit |
Reykjavik Edit | |
| One-way Ticket (Local Transport) |
214.53 kr (1.50 €) |
650.00 kr (4.54 €) |
+203.0 % |
| Monthly Pass (Regular Price) |
4,290.57 kr (30.00 €) |
10,800.00 kr (75.51 €) |
+151.7 % |
| Taxi Start (Normal Tariff) |
572.08 kr (4.00 €) |
790.00 kr (5.52 €) |
+38.1 % |
| Taxi 1 mile (Normal Tariff) |
316.48 kr (2.21 €) |
521.43 kr (3.65 €) |
+64.8 % |
| Taxi 1hour Waiting (Normal Tariff) |
2,145.28 kr (15.00 €) |
10,710.00 kr (74.89 €) |
+399.2 % |
| Gasoline (1 gallon) |
769.62 kr (5.38 €) |
1,178.06 kr (8.24 €) |
+53.1 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
4,771,828.26 kr (33,365.00 €) |
5,890,000.00 kr (41,183.35 €) |
+23.4 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
3,718,493.47 kr (26,000.00 €) |
6,500,000.00 kr (45,448.51 €) |
+74.8 % |
Utilities (Monthly) | Santa Cruz de Tenerife Edit |
Reykjavik Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
11,181.48 kr (78.18 €) |
10,938.25 kr (76.48 €) |
-2.2 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
2,653.80 kr (18.56 €) |
3,412.61 kr (23.86 €) |
+28.6 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
3,825.76 kr (26.75 €) |
10,618.75 kr (74.25 €) |
+177.6 % |
Sports And Leisure | Santa Cruz de Tenerife Edit |
Reykjavik Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
6,221.33 kr (43.50 €) |
10,322.94 kr (72.18 €) |
+65.9 % |
| Tennis Court Rent (1 Hour on Weekend) |
1,366.69 kr (9.56 €) |
4,666.67 kr (32.63 €) |
+241.5 % |
| Cinema, International Release, 1 Seat |
1,215.66 kr (8.50 €) |
2,190.00 kr (15.31 €) |
+80.1 % |
Childcare | Santa Cruz de Tenerife Edit |
Reykjavik Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
42,905.69 kr (300.00 €) |
39,962.88 kr (279.42 €) |
-6.9 % |
| International Primary School, Yearly for 1 Child |
1,034,503.95 kr (7,233.33 €) |
3,744,295.00 kr (26,180.41 €) |
+261.9 % |
Clothing And Shoes | Santa Cruz de Tenerife Edit |
Reykjavik Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
10,174.78 kr (71.14 €) |
17,291.54 kr (120.90 €) |
+69.9 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
4,171.39 kr (29.17 €) |
7,665.83 kr (53.60 €) |
+83.8 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
10,607.24 kr (74.17 €) |
22,706.79 kr (158.77 €) |
+114.1 % |
| 1 Pair of Men Leather Business Shoes |
8,581.14 kr (60.00 €) |
33,089.09 kr (231.36 €) |
+285.6 % |
Rent Per Month | Santa Cruz de Tenerife Edit |
Reykjavik Edit | |
| Apartment (1 bedroom) in City Centre |
143,018.98 kr (1,000.00 €) |
275,476.19 kr (1,926.15 €) |
+92.6 % |
| Apartment (1 bedroom) Outside of Centre |
119,182.48 kr (833.33 €) |
252,500.00 kr (1,765.50 €) |
+111.9 % |
| Apartment (3 bedrooms) in City Centre |
200,226.57 kr (1,400.00 €) |
395,541.67 kr (2,765.66 €) |
+97.5 % |
| Apartment (3 bedrooms) Outside of Centre |
162,088.18 kr (1,133.33 €) |
341,272.73 kr (2,386.21 €) |
+110.5 % |
Buy Apartment Price | Santa Cruz de Tenerife Edit |
Reykjavik Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
39,528.19 kr (276.38 €) |
88,179.73 kr (616.56 €) |
+123.1 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
23,916.22 kr (167.22 €) |
74,260.06 kr (519.23 €) |
+210.5 % |
Salaries And Financing | Santa Cruz de Tenerife Edit |
Reykjavik Edit | |
| Average Monthly Net Salary (After Tax) |
204,108.52 kr (1,427.14 €) |
535,518.98 kr (3,744.39 €) |
+162.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.50 | 9.63 | +175.2 % |
| Last update: | 18 June 2025 | 13 June 2025 | |
| Contributors in the past 12 months: | 35 | 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 |