Cost of Living Comparison Between Malmo and Reykjavik 
| Indices Difference |  |
|---|---|
| Consumer Prices in Reykjavik are 38.6% higher than in Malmo (without rent) | |
| Consumer Prices Including Rent in Reykjavik are 57.3% higher than in Malmo | |
| Rent Prices in Reykjavik are 121.8% higher than in Malmo | |
| Restaurant Prices in Reykjavik are 69.4% higher than in Malmo | |
| Groceries Prices in Reykjavik are 38.4% higher than in Malmo | |
| Local Purchasing Power in Reykjavik is 15.3% lower than in Malmo | |
Restaurants | Malmo Edit |
Reykjavik Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
120.00 SEK (1,541.33 ISK) |
229.28 SEK (2,945.00 ISK) |
+91.1 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
700.00 SEK (8,991.08 ISK) |
1,323.53 SEK (17,000.00 ISK) |
+89.1 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
120.00 SEK (1,541.33 ISK) |
182.96 SEK (2,350.00 ISK) |
+52.5 % |
| Domestic Beer (1 pint draught) |
80.00 SEK (1,027.55 ISK) |
116.78 SEK (1,500.00 ISK) |
+46.0 % |
| Imported Beer (12 oz small bottle) |
80.00 SEK (1,027.55 ISK) |
97.32 SEK (1,250.00 ISK) |
+21.6 % |
| Cappuccino (regular) |
46.54 SEK (597.76 ISK) |
55.36 SEK (711.13 ISK) |
+19.0 % |
| Coke/Pepsi (12 oz small bottle) |
25.80 SEK (331.39 ISK) |
31.10 SEK (399.43 ISK) |
+20.5 % |
| Water (12 oz small bottle) |
19.78 SEK (254.03 ISK) |
22.42 SEK (288.00 ISK) |
+13.4 % |
Markets | Malmo Edit |
Reykjavik Edit | |
| Milk (regular), (1 gallon) |
66.21 SEK (850.47 ISK) |
66.68 SEK (856.52 ISK) |
+0.7 % |
| Loaf of Fresh White Bread (1 lb) |
26.34 SEK (338.38 ISK) |
36.17 SEK (464.58 ISK) |
+37.3 % |
| Rice (white), (1 lb) |
15.81 SEK (203.11 ISK) |
16.18 SEK (207.81 ISK) |
+2.3 % |
| Eggs (regular) (12) |
43.66 SEK (560.79 ISK) |
63.97 SEK (821.68 ISK) |
+46.5 % |
| Local Cheese (1 lb) |
57.15 SEK (734.09 ISK) |
75.16 SEK (965.37 ISK) |
+31.5 % |
| Chicken Fillets (1 lb) |
54.53 SEK (700.43 ISK) |
96.00 SEK (1,233.09 ISK) |
+76.0 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
108.21 SEK (1,389.95 ISK) |
154.32 SEK (1,982.11 ISK) |
+42.6 % |
| Apples (1 lb) |
14.78 SEK (189.87 ISK) |
16.52 SEK (212.21 ISK) |
+11.8 % |
| Banana (1 lb) |
13.66 SEK (175.44 ISK) |
10.48 SEK (134.67 ISK) |
-23.2 % |
| Oranges (1 lb) |
13.54 SEK (173.95 ISK) |
13.63 SEK (175.06 ISK) |
+0.6 % |
| Tomato (1 lb) |
22.93 SEK (294.54 ISK) |
24.10 SEK (309.60 ISK) |
+5.1 % |
| Potato (1 lb) |
7.39 SEK (94.98 ISK) |
15.31 SEK (196.68 ISK) |
+107.1 % |
| Onion (1 lb) |
7.93 SEK (101.88 ISK) |
10.93 SEK (140.44 ISK) |
+37.8 % |
| Lettuce (1 head) |
22.37 SEK (287.31 ISK) |
34.22 SEK (439.56 ISK) |
+53.0 % |
| Water (1.5 liter bottle) |
14.38 SEK (184.64 ISK) |
21.88 SEK (281.00 ISK) |
+52.2 % |
| Bottle of Wine (Mid-Range) |
109.50 SEK (1,406.46 ISK) |
214.06 SEK (2,749.50 ISK) |
+95.5 % |
| Domestic Beer (0.5 liter bottle) |
28.44 SEK (365.31 ISK) |
33.80 SEK (434.15 ISK) |
+18.8 % |
| Imported Beer (12 oz small bottle) |
28.75 SEK (369.28 ISK) |
27.71 SEK (355.89 ISK) |
-3.6 % |
| Cigarettes 20 Pack (Marlboro) |
70.00 SEK (899.11 ISK) |
128.46 SEK (1,650.00 ISK) |
+83.5 % |
Transportation | Malmo Edit |
Reykjavik Edit | |
| One-way Ticket (Local Transport) |
31.00 SEK (398.18 ISK) |
44.38 SEK (570.00 ISK) |
+43.2 % |
| Monthly Pass (Regular Price) |
624.00 SEK (8,014.90 ISK) |
724.05 SEK (9,300.00 ISK) |
+16.0 % |
| Taxi Start (Normal Tariff) |
50.00 SEK (642.22 ISK) |
56.83 SEK (730.00 ISK) |
+13.7 % |
| Taxi 1 mile (Normal Tariff) |
43.45 SEK (558.12 ISK) |
39.28 SEK (504.53 ISK) |
-9.6 % |
| Taxi 1hour Waiting (Normal Tariff) |
600.00 SEK (7,706.64 ISK) |
749.74 SEK (9,630.00 ISK) |
+25.0 % |
| Gasoline (1 gallon) |
75.37 SEK (968.14 ISK) |
92.97 SEK (1,194.08 ISK) |
+23.3 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
309,000.00 SEK (3,968,919.02 ISK) |
450,780.17 SEK (5,790,000.00 ISK) |
+45.9 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
320,250.00 SEK (4,113,418.50 ISK) |
469,543.22 SEK (6,031,000.00 ISK) |
+46.6 % |
Utilities (Monthly) | Malmo Edit |
Reykjavik Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
1,241.07 SEK (15,940.82 ISK) |
911.91 SEK (11,712.96 ISK) |
-26.5 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
310.11 SEK (3,983.19 ISK) |
253.39 SEK (3,254.67 ISK) |
-18.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
364.00 SEK (4,675.36 ISK) |
740.82 SEK (9,515.45 ISK) |
+103.5 % |
Sports And Leisure | Malmo Edit |
Reykjavik Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
395.38 SEK (5,078.35 ISK) |
708.76 SEK (9,103.59 ISK) |
+79.3 % |
| Tennis Court Rent (1 Hour on Weekend) |
234.75 SEK (3,015.22 ISK) |
312.53 SEK (4,014.29 ISK) |
+33.1 % |
| Cinema, International Release, 1 Seat |
162.50 SEK (2,087.21 ISK) |
155.71 SEK (2,000.00 ISK) |
-4.2 % |
Childcare | Malmo Edit |
Reykjavik Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,504.80 SEK (19,328.25 ISK) |
2,600.85 SEK (33,406.33 ISK) |
+72.8 % |
| International Primary School, Yearly for 1 Child |
75,000.00 SEK (963,329.86 ISK) |
64,749.37 SEK (831,666.67 ISK) |
-13.7 % |
Clothing And Shoes | Malmo Edit |
Reykjavik Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
985.43 SEK (12,657.24 ISK) |
1,124.67 SEK (14,445.76 ISK) |
+14.1 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
425.00 SEK (5,458.87 ISK) |
470.63 SEK (6,045.00 ISK) |
+10.7 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
987.50 SEK (12,683.84 ISK) |
1,530.78 SEK (19,661.90 ISK) |
+55.0 % |
| 1 Pair of Men Leather Business Shoes |
1,514.14 SEK (19,448.25 ISK) |
1,889.78 SEK (24,273.12 ISK) |
+24.8 % |
Rent Per Month | Malmo Edit |
Reykjavik Edit | |
| Apartment (1 bedroom) in City Centre |
9,485.57 SEK (121,836.46 ISK) |
20,170.44 SEK (259,077.12 ISK) |
+112.6 % |
| Apartment (1 bedroom) Outside of Centre |
7,399.89 SEK (95,047.12 ISK) |
18,028.24 SEK (231,561.94 ISK) |
+143.6 % |
| Apartment (3 bedrooms) in City Centre |
14,081.50 SEK (180,868.39 ISK) |
29,270.78 SEK (375,965.52 ISK) |
+107.9 % |
| Apartment (3 bedrooms) Outside of Centre |
11,187.38 SEK (143,695.10 ISK) |
26,021.52 SEK (334,230.77 ISK) |
+132.6 % |
Buy Apartment Price | Malmo Edit |
Reykjavik Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
4,008.07 SEK (51,481.24 ISK) |
6,372.19 SEK (81,846.89 ISK) |
+59.0 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
2,571.59 SEK (33,030.48 ISK) |
5,035.76 SEK (64,681.33 ISK) |
+95.8 % |
Salaries And Financing | Malmo Edit |
Reykjavik Edit | |
| Average Monthly Net Salary (After Tax) |
30,001.74 SEK (385,354.30 ISK) |
39,969.21 SEK (513,380.43 ISK) |
+33.2 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.83 | 8.14 | +68.4 % |
| Last update: | May 2024 | April 2024 | |
| Contributors in the past 12 months: | 71 | 162 |
Moving to Malmo? Explore:
Moving to Reykjavik? Explore:
Cities near Malmo: | Cost of Living in Lund | 10.87 miles |
| Cost of Living in Helsingborg | 40.38 miles |
| Cost of Living in Orkelljunga | 65.01 miles |
| Cost of Living in Almhult | 85.98 miles |
| Cost of Living in Karlskrona | 127.65 miles |
| Cost of Living in Gothenburg | 168.03 miles |
| Cost of Living in Kalmar | 176.63 miles |
| Cost of Living in Jonkoping | 181.42 miles |
| Cost of Living in Hogsby | 205.90 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 |