Cost of Living Comparison Between Stockholm and Reykjavik 

Indices DifferenceInfo
Consumer Prices in Reykjavik are 32.3% higher than in Stockholm (without rent)
Consumer Prices Including Rent in Reykjavik are 32.7% higher than in Stockholm
Rent Prices in Reykjavik are 33.3% higher than in Stockholm
Restaurant Prices in Reykjavik are 49.3% higher than in Stockholm
Groceries Prices in Reykjavik are 44.6% higher than in Stockholm
Local Purchasing Power in Reykjavik is 15.2% lower than in Stockholm
Currency: Sticky Currency      Switch to US measurement units
Restaurants
Stockholm Edit Reykjavik Edit Difference
Meal, Inexpensive Restaurant 150.00 SEK
(1,935.76 ISK)
232.47 SEK
(3,000.00 ISK)
     +55.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 890.00 SEK
(11,485.54 ISK)
1,317.31 SEK
(17,000.00 ISK)
     +48.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 103.50 SEK
(1,335.68 ISK)
185.97 SEK
(2,400.00 ISK)
     +79.7 %
Domestic Beer (0.5 liter draught) 75.00 SEK
(967.88 ISK)
116.23 SEK
(1,500.00 ISK)
     +55.0 %
Imported Beer (0.33 liter bottle) 70.00 SEK
(903.36 ISK)
96.86 SEK
(1,250.00 ISK)
     +38.4 %
Cappuccino (regular) 44.63 SEK
(575.91 ISK)
54.78 SEK
(706.90 ISK)
     +22.7 %
Coke/Pepsi (0.33 liter bottle) 25.33 SEK
(326.93 ISK)
31.26 SEK
(403.37 ISK)
     +23.4 %
Water (0.33 liter bottle) 21.84 SEK
(281.87 ISK)
22.31 SEK
(287.91 ISK)
     +2.1 %
Markets
Stockholm Edit Reykjavik Edit
Milk (regular), (1 liter) 15.72 SEK
(202.84 ISK)
17.53 SEK
(226.27 ISK)
     +11.6 %
Loaf of Fresh White Bread (500g) 29.48 SEK
(380.38 ISK)
39.68 SEK
(512.11 ISK)
     +34.6 %
Rice (white), (1kg) 39.14 SEK
(505.13 ISK)
35.50 SEK
(458.14 ISK)
     -9.3 %
Eggs (regular) (12) 43.61 SEK
(562.76 ISK)
63.67 SEK
(821.68 ISK)
     +46.0 %
Local Cheese (1kg) 113.13 SEK
(1,459.94 ISK)
164.92 SEK
(2,128.28 ISK)
     +45.8 %
Chicken Fillets (1kg) 124.95 SEK
(1,612.50 ISK)
210.65 SEK
(2,718.50 ISK)
     +68.6 %
Beef Round (1kg) (or Equivalent Back Leg Red Meat) 190.85 SEK
(2,462.95 ISK)
338.61 SEK
(4,369.81 ISK)
     +77.4 %
Apples (1kg) 33.27 SEK
(429.33 ISK)
36.25 SEK
(467.85 ISK)
     +9.0 %
Banana (1kg) 26.23 SEK
(338.53 ISK)
23.00 SEK
(296.80 ISK)
     -12.3 %
Oranges (1kg) 33.20 SEK
(428.50 ISK)
29.91 SEK
(385.94 ISK)
     -9.9 %
Tomato (1kg) 47.61 SEK
(614.37 ISK)
52.89 SEK
(682.55 ISK)
     +11.1 %
Potato (1kg) 16.61 SEK
(214.34 ISK)
33.60 SEK
(433.61 ISK)
     +102.3 %
Onion (1kg) 19.37 SEK
(250.03 ISK)
23.99 SEK
(309.62 ISK)
     +23.8 %
Lettuce (1 head) 24.39 SEK
(314.78 ISK)
34.06 SEK
(439.56 ISK)
     +39.6 %
Water (1.5 liter bottle) 14.95 SEK
(192.90 ISK)
21.77 SEK
(281.00 ISK)
     +45.7 %
Bottle of Wine (Mid-Range) 120.00 SEK
(1,548.61 ISK)
213.06 SEK
(2,749.50 ISK)
     +77.5 %
Domestic Beer (0.5 liter bottle) 19.89 SEK
(256.63 ISK)
33.64 SEK
(434.15 ISK)
     +69.2 %
Imported Beer (0.33 liter bottle) 22.67 SEK
(292.52 ISK)
27.58 SEK
(355.89 ISK)
     +21.7 %
Cigarettes 20 Pack (Marlboro) 71.00 SEK
(916.26 ISK)
127.86 SEK
(1,650.00 ISK)
     +80.1 %
Transportation
Stockholm Edit Reykjavik Edit
One-way Ticket (Local Transport) 42.00 SEK
(542.01 ISK)
44.17 SEK
(570.00 ISK)
     +5.2 %
Monthly Pass (Regular Price) 1,020.00 SEK
(13,163.20 ISK)
720.65 SEK
(9,300.00 ISK)
     -29.3 %
Taxi Start (Normal Tariff) 60.00 SEK
(774.31 ISK)
56.57 SEK
(730.00 ISK)
     -5.7 %
Taxi 1km (Normal Tariff) 30.00 SEK
(387.15 ISK)
24.29 SEK
(313.50 ISK)
     -19.0 %
Taxi 1hour Waiting (Normal Tariff) 565.00 SEK
(7,291.38 ISK)
746.22 SEK
(9,630.00 ISK)
     +32.1 %
Gasoline (1 liter) 19.73 SEK
(254.57 ISK)
24.39 SEK
(314.80 ISK)
     +23.7 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 309,000.00 SEK
(3,987,674.97 ISK)
448,659.94 SEK
(5,790,000.00 ISK)
     +45.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 323,423.08 SEK
(4,173,806.18 ISK)
467,334.73 SEK
(6,031,000.00 ISK)
     +44.5 %
Utilities (Monthly)
Stockholm Edit Reykjavik Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment 1,621.71 SEK
(20,928.32 ISK)
907.13 SEK
(11,706.63 ISK)
     -44.1 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 272.42 SEK
(3,515.65 ISK)
252.20 SEK
(3,254.67 ISK)
     -7.4 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 314.74 SEK
(4,061.74 ISK)
737.12 SEK
(9,512.61 ISK)
     +134.2 %
Sports And Leisure
Stockholm Edit Reykjavik Edit
Fitness Club, Monthly Fee for 1 Adult 419.84 SEK
(5,418.03 ISK)
705.43 SEK
(9,103.59 ISK)
     +68.0 %
Tennis Court Rent (1 Hour on Weekend) 367.99 SEK
(4,748.99 ISK)
311.06 SEK
(4,014.29 ISK)
     -15.5 %
Cinema, International Release, 1 Seat 154.50 SEK
(1,993.84 ISK)
154.98 SEK
(2,000.00 ISK)
     +0.3 %
Childcare
Stockholm Edit Reykjavik Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,476.50 SEK
(19,054.38 ISK)
2,588.62 SEK
(33,406.33 ISK)
     +75.3 %
International Primary School, Yearly for 1 Child 75,334.33 SEK
(972,196.88 ISK)
64,444.82 SEK
(831,666.67 ISK)
     -14.5 %
Clothing And Shoes
Stockholm Edit Reykjavik Edit
1 Pair of Jeans (Levis 501 Or Similar) 844.04 SEK
(10,892.41 ISK)
1,119.38 SEK
(14,445.76 ISK)
     +32.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 452.85 SEK
(5,844.09 ISK)
468.42 SEK
(6,045.00 ISK)
     +3.4 %
1 Pair of Nike Running Shoes (Mid-Range) 1,015.34 SEK
(13,103.08 ISK)
1,523.58 SEK
(19,661.90 ISK)
     +50.1 %
1 Pair of Men Leather Business Shoes 1,512.93 SEK
(19,524.46 ISK)
1,880.89 SEK
(24,273.12 ISK)
     +24.3 %
Rent Per Month
Stockholm Edit Reykjavik Edit
Apartment (1 bedroom) in City Centre 16,275.96 SEK
(210,042.88 ISK)
20,075.57 SEK
(259,077.12 ISK)
     +23.3 %
Apartment (1 bedroom) Outside of Centre 10,057.41 SEK
(129,791.90 ISK)
17,942.79 SEK
(231,553.45 ISK)
     +78.4 %
Apartment (3 bedrooms) in City Centre 26,458.04 SEK
(341,443.63 ISK)
29,133.10 SEK
(375,965.52 ISK)
     +10.1 %
Apartment (3 bedrooms) Outside of Centre 17,053.57 SEK
(220,077.99 ISK)
25,899.13 SEK
(334,230.77 ISK)
     +51.9 %
Buy Apartment Price
Stockholm Edit Reykjavik Edit
Price per Square Meter to Buy Apartment in City Centre 105,167.24 SEK
(1,357,193.45 ISK)
68,267.60 SEK
(880,999.95 ISK)
     -35.1 %
Price per Square Meter to Buy Apartment Outside of Centre 58,203.31 SEK
(751,119.33 ISK)
53,949.99 SEK
(696,229.83 ISK)
     -7.3 %
Salaries And Financing
Stockholm Edit Reykjavik Edit
Average Monthly Net Salary (After Tax) 35,351.06 SEK
(456,208.86 ISK)
39,781.21 SEK
(513,380.43 ISK)
     +12.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.51 8.14      +80.5 %
Last update: May 2024May 2024
Contributors in the past 12 months:289164