Cost of Living Comparison Between Santa Cruz de Tenerife and Reykjavik 

Indices DifferenceInfo
Consumer Prices in Reykjavik are 93.6% higher than in Santa Cruz de Tenerife (without rent)
Consumer Prices Including Rent in Reykjavik are 99.2% higher than in Santa Cruz de Tenerife
Rent Prices in Reykjavik are 114.0% higher than in Santa Cruz de Tenerife
Restaurant Prices in Reykjavik are 95.8% higher than in Santa Cruz de Tenerife
Groceries Prices in Reykjavik are 111.7% higher than in Santa Cruz de Tenerife
Local Purchasing Power in Reykjavik is 31.6% 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 1,489.04 kr
(10.00 €)
2,500.00 kr
(16.79 €)
     +67.9 %
Meal for 2 People, Mid-range Restaurant, Three-course 7,025.11 kr
(47.18 €)
15,000.00 kr
(100.74 €)
     +113.5 %
McMeal at McDonalds (or Equivalent Combo Meal) 1,340.13 kr
(9.00 €)
2,049.50 kr
(13.76 €)
     +52.9 %
Domestic Beer (1 pint draught) 297.81 kr
(2.00 €)
1,300.00 kr
(8.73 €)
     +336.5 %
Imported Beer (12 oz small bottle) 346.20 kr
(2.33 €)
1,116.00 kr
(7.49 €)
     +222.4 %
Cappuccino (regular) 265.54 kr
(1.78 €)
621.19 kr
(4.17 €)
     +133.9 %
Coke/Pepsi (12 oz small bottle) 206.67 kr
(1.39 €)
349.37 kr
(2.35 €)
     +69.0 %
Water (12 oz small bottle) 141.46 kr
(0.95 €)
278.32 kr
(1.87 €)
     +96.7 %
Markets
Santa Cruz de Tenerife Edit Reykjavik Edit
Milk (regular), (1 gallon) 563.66 kr
(3.79 €)
803.48 kr
(5.40 €)
     +42.5 %
Loaf of Fresh White Bread (1 lb) 135.08 kr
(0.91 €)
416.40 kr
(2.80 €)
     +208.3 %
Rice (white), (1 lb) 68.67 kr
(0.46 €)
196.35 kr
(1.32 €)
     +185.9 %
Eggs (regular) (12) 372.05 kr
(2.50 €)
758.55 kr
(5.09 €)
     +103.9 %
Local Cheese (1 lb) 679.64 kr
(4.56 €)
893.18 kr
(6.00 €)
     +31.4 %
Chicken Fillets (1 lb) 410.07 kr
(2.75 €)
1,103.02 kr
(7.41 €)
     +169.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 646.47 kr
(4.34 €)
1,662.64 kr
(11.17 €)
     +157.2 %
Apples (1 lb) 125.40 kr
(0.84 €)
205.00 kr
(1.38 €)
     +63.5 %
Banana (1 lb) 103.76 kr
(0.70 €)
126.79 kr
(0.85 €)
     +22.2 %
Oranges (1 lb) 114.82 kr
(0.77 €)
159.98 kr
(1.07 €)
     +39.3 %
Tomato (1 lb) 104.69 kr
(0.70 €)
292.35 kr
(1.96 €)
     +179.3 %
Potato (1 lb) 80.49 kr
(0.54 €)
165.30 kr
(1.11 €)
     +105.4 %
Onion (1 lb) 77.50 kr
(0.52 €)
84.84 kr
(0.57 €)
     +9.5 %
Lettuce (1 head) 154.49 kr
(1.04 €)
370.00 kr
(2.48 €)
     +139.5 %
Water (1.5 liter bottle) 95.67 kr
(0.64 €)
269.54 kr
(1.81 €)
     +181.7 %
Bottle of Wine (Mid-Range) 893.42 kr
(6.00 €)
2,500.00 kr
(16.79 €)
     +179.8 %
Domestic Beer (0.5 liter bottle) 169.66 kr
(1.14 €)
411.57 kr
(2.76 €)
     +142.6 %
Imported Beer (12 oz small bottle) 262.07 kr
(1.76 €)
350.95 kr
(2.36 €)
     +33.9 %
Cigarettes 20 Pack (Marlboro) 580.72 kr
(3.90 €)
1,600.00 kr
(10.75 €)
     +175.5 %
Transportation
Santa Cruz de Tenerife Edit Reykjavik Edit
One-way Ticket (Local Transport) 223.36 kr
(1.50 €)
550.00 kr
(3.69 €)
     +146.2 %
Monthly Pass (Regular Price) 5,658.34 kr
(38.00 €)
9,000.00 kr
(60.44 €)
     +59.1 %
Taxi Start (Normal Tariff) 508.51 kr
(3.42 €)
730.00 kr
(4.90 €)
     +43.6 %
Taxi 1 mile (Normal Tariff) 479.27 kr
(3.22 €)
666.27 kr
(4.47 €)
     +39.0 %
Taxi 1hour Waiting (Normal Tariff) 2,233.56 kr
(15.00 €)
8,667.00 kr
(58.21 €)
     +288.0 %
Gasoline (1 gallon) 849.12 kr
(5.70 €)
1,210.83 kr
(8.13 €)
     +42.6 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 2,442,020.86 kr
(16,400.00 €)
5,050,000.00 kr
(33,914.53 €)
     +106.8 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 3,077,343.36 kr
(20,666.67 €)
5,752,416.67 kr
(38,631.79 €)
     +86.9 %
Utilities (Monthly)
Santa Cruz de Tenerife Edit Reykjavik Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 9,922.55 kr
(66.64 €)
12,736.42 kr
(85.53 €)
     +28.4 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 27.30 kr
(0.18 €)
8.25 kr
(0.06 €)
     -69.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 4,573.47 kr
(30.71 €)
8,932.72 kr
(59.99 €)
     +95.3 %
Sports And Leisure
Santa Cruz de Tenerife Edit Reykjavik Edit
Fitness Club, Monthly Fee for 1 Adult 5,528.05 kr
(37.12 €)
8,996.19 kr
(60.42 €)
     +62.7 %
Tennis Court Rent (1 Hour on Weekend) 1,369.91 kr
(9.20 €)
6,183.33 kr
(41.53 €)
     +351.4 %
Cinema, International Release, 1 Seat 1,042.33 kr
(7.00 €)
1,825.00 kr
(12.26 €)
     +75.1 %
Childcare
Santa Cruz de Tenerife Edit Reykjavik Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 37,225.93 kr
(250.00 €)
38,650.00 kr
(259.56 €)
     +3.8 %
International Primary School, Yearly for 1 Child 1,243,345.99 kr
(8,350.00 €)
831,666.67 kr
(5,585.26 €)
     -33.1 %
Clothing And Shoes
Santa Cruz de Tenerife Edit Reykjavik Edit
1 Pair of Jeans (Levis 501 Or Similar) 10,088.23 kr
(67.75 €)
14,735.68 kr
(98.96 €)
     +46.1 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 3,509.87 kr
(23.57 €)
5,569.23 kr
(37.40 €)
     +58.7 %
1 Pair of Nike Running Shoes (Mid-Range) 10,299.17 kr
(69.17 €)
18,309.00 kr
(122.96 €)
     +77.8 %
1 Pair of Men Leather Business Shoes 8,785.32 kr
(59.00 €)
24,430.94 kr
(164.07 €)
     +178.1 %
Rent Per Month
Santa Cruz de Tenerife Edit Reykjavik Edit
Apartment (1 bedroom) in City Centre 98,609.08 kr
(662.23 €)
216,757.73 kr
(1,455.69 €)
     +119.8 %
Apartment (1 bedroom) Outside of Centre 79,105.10 kr
(531.25 €)
185,390.53 kr
(1,245.04 €)
     +134.4 %
Apartment (3 bedrooms) in City Centre 157,837.93 kr
(1,060.00 €)
315,928.57 kr
(2,121.70 €)
     +100.2 %
Apartment (3 bedrooms) Outside of Centre 118,059.37 kr
(792.86 €)
261,851.85 kr
(1,758.53 €)
     +121.8 %
Buy Apartment Price
Santa Cruz de Tenerife Edit Reykjavik Edit
Price per Square Feet to Buy Apartment in City Centre 28,773.66 kr
(193.24 €)
78,021.01 kr
(523.97 €)
     +171.2 %
Price per Square Feet to Buy Apartment Outside of Centre 22,133.59 kr
(148.64 €)
56,649.45 kr
(380.44 €)
     +155.9 %
Salaries And Financing
Santa Cruz de Tenerife Edit Reykjavik Edit
Average Monthly Net Salary (After Tax) 191,920.34 kr
(1,288.89 €)
503,127.73 kr
(3,378.88 €)
     +162.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.00 6.11      +103.7 %
Last update: March 2023March 2023
Contributors in the past 12 months:36167