Cost of Living Comparison Between Valencia and Reykjavik 
| Indices Difference |  |
|---|---|
| Consumer Prices in Reykjavik are 83.2% higher than in Valencia (without rent) | |
| Consumer Prices Including Rent in Reykjavik are 83.6% higher than in Valencia | |
| Rent Prices in Reykjavik are 84.4% higher than in Valencia | |
| Restaurant Prices in Reykjavik are 100.2% higher than in Valencia | |
| Groceries Prices in Reykjavik are 105.4% higher than in Valencia | |
| Local Purchasing Power in Reykjavik is 5.3% lower than in Valencia | |
Restaurants | Valencia Edit |
Reykjavik Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
12.75 € (1,916.44 kr) |
19.59 € (2,945.00 kr) |
+53.7 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
45.00 € (6,763.92 kr) |
113.10 € (17,000.00 kr) |
+151.3 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
10.00 € (1,503.09 kr) |
15.63 € (2,350.00 kr) |
+56.3 % |
| Domestic Beer (1 pint draught) |
3.00 € (450.93 kr) |
9.98 € (1,500.00 kr) |
+232.6 % |
| Imported Beer (12 oz small bottle) |
2.50 € (375.77 kr) |
8.32 € (1,250.00 kr) |
+232.6 % |
| Cappuccino (regular) |
1.87 € (281.25 kr) |
4.73 € (711.15 kr) |
+152.9 % |
| Coke/Pepsi (12 oz small bottle) |
1.76 € (264.87 kr) |
2.66 € (399.48 kr) |
+50.8 % |
| Water (12 oz small bottle) |
1.39 € (209.51 kr) |
1.92 € (288.01 kr) |
+37.5 % |
Markets | Valencia Edit |
Reykjavik Edit | |
| Milk (regular), (1 gallon) |
3.89 € (585.40 kr) |
5.70 € (856.52 kr) |
+46.3 % |
| Loaf of Fresh White Bread (1 lb) |
0.96 € (144.16 kr) |
3.09 € (464.58 kr) |
+222.3 % |
| Rice (white), (1 lb) |
0.60 € (90.42 kr) |
1.38 € (207.81 kr) |
+129.8 % |
| Eggs (regular) (12) |
2.54 € (381.38 kr) |
5.47 € (821.68 kr) |
+115.4 % |
| Local Cheese (1 lb) |
4.40 € (660.75 kr) |
6.42 € (965.37 kr) |
+46.1 % |
| Chicken Fillets (1 lb) |
3.40 € (511.30 kr) |
8.20 € (1,233.09 kr) |
+141.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
5.50 € (826.63 kr) |
13.19 € (1,982.11 kr) |
+139.8 % |
| Apples (1 lb) |
1.01 € (151.11 kr) |
1.41 € (212.21 kr) |
+40.4 % |
| Banana (1 lb) |
0.75 € (112.78 kr) |
0.90 € (134.68 kr) |
+19.4 % |
| Oranges (1 lb) |
0.75 € (112.97 kr) |
1.16 € (175.06 kr) |
+55.0 % |
| Tomato (1 lb) |
0.96 € (143.94 kr) |
2.06 € (309.60 kr) |
+115.1 % |
| Potato (1 lb) |
0.72 € (108.60 kr) |
1.31 € (196.68 kr) |
+81.1 % |
| Onion (1 lb) |
0.76 € (114.08 kr) |
0.93 € (140.44 kr) |
+23.1 % |
| Lettuce (1 head) |
1.16 € (174.31 kr) |
2.92 € (439.56 kr) |
+152.2 % |
| Water (1.5 liter bottle) |
0.63 € (94.23 kr) |
1.87 € (281.00 kr) |
+198.2 % |
| Bottle of Wine (Mid-Range) |
5.00 € (751.55 kr) |
18.29 € (2,749.50 kr) |
+265.8 % |
| Domestic Beer (0.5 liter bottle) |
1.04 € (156.96 kr) |
2.89 € (434.15 kr) |
+176.6 % |
| Imported Beer (12 oz small bottle) |
1.55 € (232.71 kr) |
2.37 € (355.89 kr) |
+52.9 % |
| Cigarettes 20 Pack (Marlboro) |
5.40 € (811.67 kr) |
10.98 € (1,650.00 kr) |
+103.3 % |
Transportation | Valencia Edit |
Reykjavik Edit | |
| One-way Ticket (Local Transport) |
1.50 € (225.46 kr) |
3.79 € (570.00 kr) |
+152.8 % |
| Monthly Pass (Regular Price) |
30.00 € (4,509.28 kr) |
61.87 € (9,300.00 kr) |
+106.2 % |
| Taxi Start (Normal Tariff) |
2.25 € (338.20 kr) |
4.86 € (730.00 kr) |
+115.9 % |
| Taxi 1 mile (Normal Tariff) |
1.90 € (285.44 kr) |
3.36 € (504.53 kr) |
+76.8 % |
| Taxi 1hour Waiting (Normal Tariff) |
21.38 € (3,213.61 kr) |
64.07 € (9,630.00 kr) |
+199.7 % |
| Gasoline (1 gallon) |
5.99 € (900.65 kr) |
7.94 € (1,194.08 kr) |
+32.6 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
29,975.00 € (4,505,520.38 kr) |
38,520.58 € (5,790,000.00 kr) |
+28.5 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
29,642.86 € (4,455,596.23 kr) |
40,123.94 € (6,031,000.00 kr) |
+35.4 % |
Utilities (Monthly) | Valencia Edit |
Reykjavik Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
125.76 € (18,902.65 kr) |
77.93 € (11,713.58 kr) |
-38.0 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
14.70 € (2,209.55 kr) |
21.65 € (3,254.67 kr) |
+47.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
26.38 € (3,965.77 kr) |
63.33 € (9,519.83 kr) |
+140.0 % |
Sports And Leisure | Valencia Edit |
Reykjavik Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
35.50 € (5,335.84 kr) |
60.57 € (9,103.59 kr) |
+70.6 % |
| Tennis Court Rent (1 Hour on Weekend) |
11.31 € (1,700.16 kr) |
26.71 € (4,014.29 kr) |
+136.1 % |
| Cinema, International Release, 1 Seat |
8.50 € (1,277.63 kr) |
13.31 € (2,000.00 kr) |
+56.5 % |
Childcare | Valencia Edit |
Reykjavik Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
469.62 € (70,587.55 kr) |
222.25 € (33,406.33 kr) |
-52.7 % |
| International Primary School, Yearly for 1 Child |
9,284.44 € (1,395,538.07 kr) |
5,533.04 € (831,666.67 kr) |
-40.4 % |
Clothing And Shoes | Valencia Edit |
Reykjavik Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
79.44 € (11,941.24 kr) |
96.11 € (14,445.76 kr) |
+21.0 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
27.26 € (4,097.51 kr) |
40.22 € (6,045.00 kr) |
+47.5 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
80.72 € (12,133.30 kr) |
130.81 € (19,661.90 kr) |
+62.0 % |
| 1 Pair of Men Leather Business Shoes |
89.43 € (13,441.94 kr) |
161.49 € (24,273.12 kr) |
+80.6 % |
Rent Per Month | Valencia Edit |
Reykjavik Edit | |
| Apartment (1 bedroom) in City Centre |
966.08 € (145,211.28 kr) |
1,723.63 € (259,077.12 kr) |
+78.4 % |
| Apartment (1 bedroom) Outside of Centre |
716.30 € (107,667.18 kr) |
1,540.53 € (231,556.05 kr) |
+115.1 % |
| Apartment (3 bedrooms) in City Centre |
1,600.74 € (240,606.43 kr) |
2,501.28 € (375,965.52 kr) |
+56.3 % |
| Apartment (3 bedrooms) Outside of Centre |
1,050.37 € (157,880.40 kr) |
2,223.62 € (334,230.77 kr) |
+111.7 % |
Buy Apartment Price | Valencia Edit |
Reykjavik Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
223.07 € (33,529.89 kr) |
544.52 € (81,846.89 kr) |
+144.1 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
141.91 € (21,329.84 kr) |
430.32 € (64,681.33 kr) |
+203.2 % |
Salaries And Financing | Valencia Edit |
Reykjavik Edit | |
| Average Monthly Net Salary (After Tax) |
1,964.63 € (295,302.19 kr) |
3,415.49 € (513,380.43 kr) |
+73.8 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 2.91 | 8.14 | +179.9 % |
| Last update: | May 2024 | April 2024 | |
| Contributors in the past 12 months: | 199 | 162 |
Moving to Valencia? Explore:
Moving to Reykjavik? Explore:
Cities near Valencia: | Cost of Living in Sagunto | 18.24 miles |
| Cost of Living in Gandia | 43.01 miles |
| Cost of Living in Castello de la Plana | 47.22 miles |
| Cost of Living in Alicante | 106.60 miles |
| Cost of Living in Elche | 107.72 miles |
| Cost of Living in Albacete | 115.78 miles |
| Cost of Living in Cuenca | 123.95 miles |
| Cost of Living in Murcia | 143.25 miles |
| Cost of Living in Tarragona | 160.84 miles |
| Cost of Living in Manzanares | 186.82 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 |