Cost of Living Comparison Between Santa Cruz de Tenerife and Reykjavik 
| Indices Difference |  |
|---|---|
| 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 | |
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 2023 | March 2023 | |
| Contributors in the past 12 months: | 36 | 167 |
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 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 |