Cost of Living Comparison Between Santa Cruz de Tenerife and Reykjavik 

Indices DifferenceInfo
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
Currency: Sticky Currency      Switch to metric measurement units
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 202513 June 2025
Contributors in the past 12 months:35123