Cost of Living Comparison Between Santa Cruz de Tenerife and Reykjavik 

Indices DifferenceInfo
Cost of Living in Reykjavik is 96.3% higher than in Santa Cruz de Tenerife (without rent)
Cost of Living Including Rent in Reykjavik is 94.9% higher than in Santa Cruz de Tenerife
Rent Prices in Reykjavik are 92.0% higher than in Santa Cruz de Tenerife
Restaurant Prices in Reykjavik are 124.6% higher than in Santa Cruz de Tenerife
Groceries Prices in Reykjavik are 116.2% higher than in Santa Cruz de Tenerife
Local Purchasing Power in Reykjavik is 31.7% 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 1,794.07 kr
(12.00 €)
3,000.00 kr
(20.07 €)
     +67.2 %
Meal for 2 People, Mid-range Restaurant, Three-course 5,980.23 kr
(40.00 €)
17,000.00 kr
(113.71 €)
     +184.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 1,345.55 kr
(9.00 €)
2,400.00 kr
(16.05 €)
     +78.4 %
Domestic Beer (1 pint draught) 299.01 kr
(2.00 €)
1,500.00 kr
(10.03 €)
     +401.7 %
Imported Beer (12 oz small bottle) 373.76 kr
(2.50 €)
1,250.00 kr
(8.36 €)
     +234.4 %
Cappuccino (regular) 257.90 kr
(1.73 €)
708.41 kr
(4.74 €)
     +174.7 %
Coke/Pepsi (12 oz small bottle) 219.99 kr
(1.47 €)
412.39 kr
(2.76 €)
     +87.5 %
Water (12 oz small bottle) 124.59 kr
(0.83 €)
292.45 kr
(1.96 €)
     +134.7 %
Markets
Santa Cruz de Tenerife Edit Reykjavik Edit
Milk (regular), (1 gallon) 640.93 kr
(4.29 €)
855.96 kr
(5.73 €)
     +33.5 %
Loaf of Fresh White Bread (1 lb) 185.36 kr
(1.24 €)
464.58 kr
(3.11 €)
     +150.6 %
Rice (white), (1 lb) 68.66 kr
(0.46 €)
189.98 kr
(1.27 €)
     +176.7 %
Eggs (regular) (12) 376.01 kr
(2.52 €)
819.16 kr
(5.48 €)
     +117.9 %
Local Cheese (1 lb) 1,178.28 kr
(7.88 €)
965.37 kr
(6.46 €)
     -18.1 %
Chicken Fillets (1 lb) 418.08 kr
(2.80 €)
1,233.09 kr
(8.25 €)
     +194.9 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 508.61 kr
(3.40 €)
1,934.50 kr
(12.94 €)
     +280.3 %
Apples (1 lb) 119.90 kr
(0.80 €)
188.37 kr
(1.26 €)
     +57.1 %
Banana (1 lb) 90.42 kr
(0.60 €)
134.66 kr
(0.90 €)
     +48.9 %
Oranges (1 lb) 83.64 kr
(0.56 €)
169.47 kr
(1.13 €)
     +102.6 %
Tomato (1 lb) 149.19 kr
(1.00 €)
303.07 kr
(2.03 €)
     +103.1 %
Potato (1 lb) 67.81 kr
(0.45 €)
198.33 kr
(1.33 €)
     +192.5 %
Onion (1 lb) 85.90 kr
(0.57 €)
134.12 kr
(0.90 €)
     +56.1 %
Lettuce (1 head) 155.11 kr
(1.04 €)
435.00 kr
(2.91 €)
     +180.4 %
Water (1.5 liter bottle) 85.72 kr
(0.57 €)
284.82 kr
(1.91 €)
     +232.3 %
Bottle of Wine (Mid-Range) 897.03 kr
(6.00 €)
2,749.50 kr
(18.39 €)
     +206.5 %
Domestic Beer (0.5 liter bottle) 143.92 kr
(0.96 €)
437.94 kr
(2.93 €)
     +204.3 %
Imported Beer (12 oz small bottle) 284.06 kr
(1.90 €)
353.50 kr
(2.36 €)
     +24.4 %
Cigarettes 20 Pack (Marlboro) 627.92 kr
(4.20 €)
1,650.00 kr
(11.04 €)
     +162.8 %
Transportation
Santa Cruz de Tenerife Edit Reykjavik Edit
One-way Ticket (Local Transport) 224.26 kr
(1.50 €)
570.00 kr
(3.81 €)
     +154.2 %
Monthly Pass (Regular Price) 4,485.17 kr
(30.00 €)
9,300.00 kr
(62.20 €)
     +107.3 %
Taxi Start (Normal Tariff) 505.33 kr
(3.38 €)
730.00 kr
(4.88 €)
     +44.5 %
Taxi 1 mile (Normal Tariff) 372.94 kr
(2.49 €)
504.53 kr
(3.37 €)
     +35.3 %
Taxi 1hour Waiting (Normal Tariff) 3,737.64 kr
(25.00 €)
9,630.00 kr
(64.41 €)
     +157.6 %
Gasoline (1 gallon) 836.95 kr
(5.60 €)
1,191.65 kr
(7.97 €)
     +42.4 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 4,988,260.46 kr
(33,365.00 €)
5,790,000.00 kr
(38,727.60 €)
     +16.1 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 3,089,786.19 kr
(20,666.67 €)
6,034,875.00 kr
(40,365.50 €)
     +95.3 %
Utilities (Monthly)
Santa Cruz de Tenerife Edit Reykjavik Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 11,253.90 kr
(75.27 €)
11,868.52 kr
(79.39 €)
     +5.5 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 2,990.12 kr
(20.00 €)
3,254.67 kr
(21.77 €)
     +8.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 4,485.17 kr
(30.00 €)
9,678.37 kr
(64.74 €)
     +115.8 %
Sports And Leisure
Santa Cruz de Tenerife Edit Reykjavik Edit
Fitness Club, Monthly Fee for 1 Adult 6,148.43 kr
(41.12 €)
8,775.19 kr
(58.69 €)
     +42.7 %
Tennis Court Rent (1 Hour on Weekend) 1,345.55 kr
(9.00 €)
4,014.29 kr
(26.85 €)
     +198.3 %
Cinema, International Release, 1 Seat 1,196.05 kr
(8.00 €)
2,000.00 kr
(13.38 €)
     +67.2 %
Childcare
Santa Cruz de Tenerife Edit Reykjavik Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 44,851.73 kr
(300.00 €)
32,582.12 kr
(217.93 €)
     -27.4 %
International Primary School, Yearly for 1 Child 1,081,425.17 kr
(7,233.33 €)
831,666.67 kr
(5,562.77 €)
     -23.1 %
Clothing And Shoes
Santa Cruz de Tenerife Edit Reykjavik Edit
1 Pair of Jeans (Levis 501 Or Similar) 10,334.59 kr
(69.12 €)
14,557.53 kr
(97.37 €)
     +40.9 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 3,363.88 kr
(22.50 €)
6,491.15 kr
(43.42 €)
     +93.0 %
1 Pair of Nike Running Shoes (Mid-Range) 10,785.77 kr
(72.14 €)
19,994.75 kr
(133.74 €)
     +85.4 %
1 Pair of Men Leather Business Shoes 8,820.84 kr
(59.00 €)
24,855.00 kr
(166.25 €)
     +181.8 %
Rent Per Month
Santa Cruz de Tenerife Edit Reykjavik Edit
Apartment (1 bedroom) in City Centre 130,817.56 kr
(875.00 €)
259,077.12 kr
(1,732.89 €)
     +98.0 %
Apartment (1 bedroom) Outside of Centre 121,473.45 kr
(812.50 €)
233,305.88 kr
(1,560.51 €)
     +92.1 %
Apartment (3 bedrooms) in City Centre 190,619.87 kr
(1,275.00 €)
373,433.33 kr
(2,497.79 €)
     +95.9 %
Apartment (3 bedrooms) Outside of Centre 183,144.58 kr
(1,225.00 €)
336,250.00 kr
(2,249.08 €)
     +83.6 %
Buy Apartment Price
Santa Cruz de Tenerife Edit Reykjavik Edit
Price per Square Feet to Buy Apartment in City Centre 32,408.66 kr
(216.77 €)
81,134.64 kr
(542.69 €)
     +150.3 %
Price per Square Feet to Buy Apartment Outside of Centre 22,917.55 kr
(153.29 €)
63,335.22 kr
(423.63 €)
     +176.4 %
Salaries And Financing
Santa Cruz de Tenerife Edit Reykjavik Edit
Average Monthly Net Salary (After Tax) 199,963.99 kr
(1,337.50 €)
513,380.43 kr
(3,433.85 €)
     +156.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.50 8.14      +132.6 %
Last update: June 2024June 2024
Contributors in the past 12 months:39173