Cost of Living Comparison Between Santa Cruz de Tenerife and Reykjavik 
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| Indices Difference |  |
|---|---|
| Consumer Prices in Reykjavik are 106.4% higher than in Santa Cruz de Tenerife (without rent) | |
| Consumer Prices Including Rent in Reykjavik are 100.4% higher than in Santa Cruz de Tenerife | |
| Rent Prices in Reykjavik are 88.4% 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 141.1% higher than in Santa Cruz de Tenerife | |
| Local Purchasing Power in Reykjavik is 28.6% higher than in Santa Cruz de Tenerife | |
Restaurants | Santa Cruz de Tenerife Edit |
Reykjavik Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
1,804.88 kr (12.00 €) |
2,945.00 kr (19.58 €) |
+63.2 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
6,392.29 kr (42.50 €) |
17,000.00 kr (113.03 €) |
+165.9 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
1,203.26 kr (8.00 €) |
2,350.00 kr (15.62 €) |
+95.3 % |
| Domestic Beer (1 pint draught) |
300.81 kr (2.00 €) |
1,500.00 kr (9.97 €) |
+398.6 % |
| Imported Beer (12 oz small bottle) |
376.02 kr (2.50 €) |
1,250.00 kr (8.31 €) |
+232.4 % |
| Cappuccino (regular) |
259.45 kr (1.73 €) |
711.13 kr (4.73 €) |
+174.1 % |
| Coke/Pepsi (12 oz small bottle) |
177.25 kr (1.18 €) |
399.43 kr (2.66 €) |
+125.4 % |
| Water (12 oz small bottle) |
125.34 kr (0.83 €) |
288.00 kr (1.91 €) |
+129.8 % |
Markets | Santa Cruz de Tenerife Edit |
Reykjavik Edit | |
| Milk (regular), (1 gallon) |
650.96 kr (4.33 €) |
856.52 kr (5.69 €) |
+31.6 % |
| Loaf of Fresh White Bread (1 lb) |
186.48 kr (1.24 €) |
464.58 kr (3.09 €) |
+149.1 % |
| Rice (white), (1 lb) |
69.36 kr (0.46 €) |
207.81 kr (1.38 €) |
+199.6 % |
| Eggs (regular) (12) |
348.64 kr (2.32 €) |
821.68 kr (5.46 €) |
+135.7 % |
| Local Cheese (1 lb) |
726.58 kr (4.83 €) |
965.37 kr (6.42 €) |
+32.9 % |
| Chicken Fillets (1 lb) |
420.60 kr (2.80 €) |
1,233.09 kr (8.20 €) |
+193.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
511.68 kr (3.40 €) |
1,982.11 kr (13.18 €) |
+287.4 % |
| Apples (1 lb) |
108.13 kr (0.72 €) |
212.21 kr (1.41 €) |
+96.2 % |
| Banana (1 lb) |
96.54 kr (0.64 €) |
134.67 kr (0.90 €) |
+39.5 % |
| Oranges (1 lb) |
84.14 kr (0.56 €) |
175.06 kr (1.16 €) |
+108.1 % |
| Tomato (1 lb) |
156.91 kr (1.04 €) |
309.60 kr (2.06 €) |
+97.3 % |
| Potato (1 lb) |
68.22 kr (0.45 €) |
196.68 kr (1.31 €) |
+188.3 % |
| Onion (1 lb) |
95.51 kr (0.64 €) |
140.44 kr (0.93 €) |
+47.0 % |
| Lettuce (1 head) |
156.05 kr (1.04 €) |
439.56 kr (2.92 €) |
+181.7 % |
| Water (1.5 liter bottle) |
90.03 kr (0.60 €) |
281.00 kr (1.87 €) |
+212.1 % |
| Bottle of Wine (Mid-Range) |
902.44 kr (6.00 €) |
2,749.50 kr (18.28 €) |
+204.7 % |
| Domestic Beer (0.5 liter bottle) |
182.54 kr (1.21 €) |
434.15 kr (2.89 €) |
+137.8 % |
| Imported Beer (12 oz small bottle) |
285.77 kr (1.90 €) |
355.89 kr (2.37 €) |
+24.5 % |
| Cigarettes 20 Pack (Marlboro) |
601.63 kr (4.00 €) |
1,650.00 kr (10.97 €) |
+174.3 % |
Transportation | Santa Cruz de Tenerife Edit |
Reykjavik Edit | |
| One-way Ticket (Local Transport) |
225.61 kr (1.50 €) |
570.00 kr (3.79 €) |
+152.6 % |
| Monthly Pass (Regular Price) |
5,113.83 kr (34.00 €) |
9,300.00 kr (61.83 €) |
+81.9 % |
| Taxi Start (Normal Tariff) |
391.06 kr (2.60 €) |
730.00 kr (4.85 €) |
+86.7 % |
| Taxi 1 mile (Normal Tariff) |
375.19 kr (2.49 €) |
504.53 kr (3.35 €) |
+34.5 % |
| Taxi 1hour Waiting (Normal Tariff) |
3,008.14 kr (20.00 €) |
9,630.00 kr (64.03 €) |
+220.1 % |
| Gasoline (1 gallon) |
851.91 kr (5.66 €) |
1,194.08 kr (7.94 €) |
+40.2 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
5,018,326.17 kr (33,365.00 €) |
5,790,000.00 kr (38,495.57 €) |
+15.4 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
3,108,409.23 kr (20,666.67 €) |
6,031,000.00 kr (40,097.89 €) |
+94.0 % |
Utilities (Monthly) | Santa Cruz de Tenerife Edit |
Reykjavik Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
10,701.91 kr (71.15 €) |
11,712.96 kr (77.88 €) |
+9.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
2,669.72 kr (17.75 €) |
3,254.67 kr (21.64 €) |
+21.9 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
4,619.64 kr (30.71 €) |
9,515.47 kr (63.26 €) |
+106.0 % |
Sports And Leisure | Santa Cruz de Tenerife Edit |
Reykjavik Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
5,887.36 kr (39.14 €) |
9,103.59 kr (60.53 €) |
+54.6 % |
| Tennis Court Rent (1 Hour on Weekend) |
1,353.66 kr (9.00 €) |
4,014.29 kr (26.69 €) |
+196.6 % |
| Cinema, International Release, 1 Seat |
1,128.05 kr (7.50 €) |
2,000.00 kr (13.30 €) |
+77.3 % |
Childcare | Santa Cruz de Tenerife Edit |
Reykjavik Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
45,122.07 kr (300.00 €) |
33,406.33 kr (222.11 €) |
-26.0 % |
| International Primary School, Yearly for 1 Child |
1,087,943.23 kr (7,233.33 €) |
831,666.67 kr (5,529.44 €) |
-23.6 % |
Clothing And Shoes | Santa Cruz de Tenerife Edit |
Reykjavik Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
10,208.87 kr (67.88 €) |
14,445.76 kr (96.04 €) |
+41.5 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
3,384.16 kr (22.50 €) |
6,045.00 kr (40.19 €) |
+78.6 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
10,152.47 kr (67.50 €) |
19,661.90 kr (130.72 €) |
+93.7 % |
| 1 Pair of Men Leather Business Shoes |
7,520.34 kr (50.00 €) |
24,273.12 kr (161.38 €) |
+222.8 % |
Rent Per Month | Santa Cruz de Tenerife Edit |
Reykjavik Edit | |
| Apartment (1 bedroom) in City Centre |
135,366.21 kr (900.00 €) |
259,077.12 kr (1,722.51 €) |
+91.4 % |
| Apartment (1 bedroom) Outside of Centre |
122,205.60 kr (812.50 €) |
231,561.94 kr (1,539.57 €) |
+89.5 % |
| Apartment (3 bedrooms) in City Centre |
195,528.97 kr (1,300.00 €) |
375,965.52 kr (2,499.66 €) |
+92.3 % |
| Apartment (3 bedrooms) Outside of Centre |
184,248.45 kr (1,225.00 €) |
334,230.77 kr (2,222.18 €) |
+81.4 % |
Buy Apartment Price | Santa Cruz de Tenerife Edit |
Reykjavik Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
33,535.54 kr (222.97 €) |
81,846.89 kr (544.17 €) |
+144.1 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
23,055.68 kr (153.29 €) |
64,681.33 kr (430.04 €) |
+180.5 % |
Salaries And Financing | Santa Cruz de Tenerife Edit |
Reykjavik Edit | |
| Average Monthly Net Salary (After Tax) |
199,289.14 kr (1,325.00 €) |
513,380.43 kr (3,413.28 €) |
+157.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.40 | 8.14 | +139.4 % |
| Last update: | May 2024 | April 2024 | |
| Contributors in the past 12 months: | 38 | 162 |
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 |