Cost of Living Comparison Between Zurich and Reykjavik 

Indices DifferenceInfo
Consumer Prices in Reykjavik are 19.1% lower than in Zurich (without rent)
Consumer Prices Including Rent in Reykjavik are 21.4% lower than in Zurich
Rent Prices in Reykjavik are 26.1% lower than in Zurich
Restaurant Prices in Reykjavik are 13.9% lower than in Zurich
Groceries Prices in Reykjavik are 17.8% lower than in Zurich
Local Purchasing Power in Reykjavik is 38.2% lower than in Zurich
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Zurich Edit Reykjavik Edit Difference
Meal, Inexpensive Restaurant 25.00 Fr.
(3,846.90 kr)
19.14 Fr.
(2,945.00 kr)
     -23.4 %
Meal for 2 People, Mid-range Restaurant, Three-course 120.00 Fr.
(18,465.10 kr)
110.48 Fr.
(17,000.00 kr)
     -7.9 %
McMeal at McDonalds (or Equivalent Combo Meal) 16.00 Fr.
(2,462.01 kr)
15.27 Fr.
(2,350.00 kr)
     -4.5 %
Domestic Beer (1 pint draught) 8.00 Fr.
(1,231.01 kr)
9.75 Fr.
(1,500.00 kr)
     +21.9 %
Imported Beer (12 oz small bottle) 7.00 Fr.
(1,077.13 kr)
8.12 Fr.
(1,250.00 kr)
     +16.0 %
Cappuccino (regular) 5.36 Fr.
(824.62 kr)
4.62 Fr.
(711.22 kr)
     -13.8 %
Coke/Pepsi (12 oz small bottle) 4.69 Fr.
(722.12 kr)
2.60 Fr.
(399.50 kr)
     -44.7 %
Water (12 oz small bottle) 4.34 Fr.
(668.08 kr)
1.87 Fr.
(288.05 kr)
     -56.9 %
Markets
Zurich Edit Reykjavik Edit
Milk (regular), (1 gallon) 6.48 Fr.
(996.62 kr)
5.57 Fr.
(856.52 kr)
     -14.1 %
Loaf of Fresh White Bread (1 lb) 2.93 Fr.
(450.47 kr)
3.02 Fr.
(464.58 kr)
     +3.1 %
Rice (white), (1 lb) 1.42 Fr.
(218.46 kr)
1.35 Fr.
(207.81 kr)
     -4.9 %
Eggs (regular) (12) 6.41 Fr.
(985.72 kr)
5.34 Fr.
(821.68 kr)
     -16.6 %
Local Cheese (1 lb) 10.49 Fr.
(1,614.34 kr)
6.27 Fr.
(965.37 kr)
     -40.2 %
Chicken Fillets (1 lb) 9.77 Fr.
(1,503.71 kr)
8.01 Fr.
(1,233.09 kr)
     -18.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 21.69 Fr.
(3,338.12 kr)
12.88 Fr.
(1,982.11 kr)
     -40.6 %
Apples (1 lb) 1.54 Fr.
(237.31 kr)
1.38 Fr.
(212.21 kr)
     -10.6 %
Banana (1 lb) 1.02 Fr.
(156.48 kr)
0.88 Fr.
(134.70 kr)
     -13.9 %
Oranges (1 lb) 1.35 Fr.
(207.06 kr)
1.14 Fr.
(175.06 kr)
     -15.5 %
Tomato (1 lb) 1.66 Fr.
(255.60 kr)
2.01 Fr.
(309.60 kr)
     +21.1 %
Potato (1 lb) 0.96 Fr.
(148.32 kr)
1.28 Fr.
(196.68 kr)
     +32.6 %
Onion (1 lb) 1.12 Fr.
(173.02 kr)
0.91 Fr.
(140.44 kr)
     -18.8 %
Lettuce (1 head) 2.13 Fr.
(327.17 kr)
2.86 Fr.
(439.56 kr)
     +34.4 %
Water (1.5 liter bottle) 1.36 Fr.
(208.98 kr)
1.83 Fr.
(281.00 kr)
     +34.5 %
Bottle of Wine (Mid-Range) 12.00 Fr.
(1,846.51 kr)
17.87 Fr.
(2,749.50 kr)
     +48.9 %
Domestic Beer (0.5 liter bottle) 2.09 Fr.
(320.99 kr)
2.82 Fr.
(434.15 kr)
     +35.3 %
Imported Beer (12 oz small bottle) 2.67 Fr.
(411.46 kr)
2.31 Fr.
(355.89 kr)
     -13.5 %
Cigarettes 20 Pack (Marlboro) 9.00 Fr.
(1,384.88 kr)
10.72 Fr.
(1,650.00 kr)
     +19.1 %
Transportation
Zurich Edit Reykjavik Edit
One-way Ticket (Local Transport) 4.40 Fr.
(677.05 kr)
3.70 Fr.
(570.00 kr)
     -15.8 %
Monthly Pass (Regular Price) 86.50 Fr.
(13,310.26 kr)
60.44 Fr.
(9,300.00 kr)
     -30.1 %
Taxi Start (Normal Tariff) 8.00 Fr.
(1,231.01 kr)
4.74 Fr.
(730.00 kr)
     -40.7 %
Taxi 1 mile (Normal Tariff) 7.24 Fr.
(1,114.38 kr)
3.28 Fr.
(504.53 kr)
     -54.7 %
Taxi 1hour Waiting (Normal Tariff) 80.00 Fr.
(12,310.07 kr)
62.58 Fr.
(9,630.00 kr)
     -21.8 %
Gasoline (1 gallon) 7.07 Fr.
(1,087.14 kr)
7.76 Fr.
(1,194.08 kr)
     +9.8 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 32,800.00 Fr.
(5,047,127.86 kr)
37,627.74 Fr.
(5,790,000.00 kr)
     +14.7 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 32,965.56 Fr.
(5,072,602.86 kr)
39,193.93 Fr.
(6,031,000.00 kr)
     +18.9 %
Utilities (Monthly)
Zurich Edit Reykjavik Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 248.24 Fr.
(38,198.18 kr)
76.14 Fr.
(11,716.08 kr)
     -69.3 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 29.41 Fr.
(4,526.04 kr)
21.15 Fr.
(3,254.67 kr)
     -28.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 46.29 Fr.
(7,122.95 kr)
61.85 Fr.
(9,516.61 kr)
     +33.6 %
Sports And Leisure
Zurich Edit Reykjavik Edit
Fitness Club, Monthly Fee for 1 Adult 75.84 Fr.
(11,669.33 kr)
59.16 Fr.
(9,103.59 kr)
     -22.0 %
Tennis Court Rent (1 Hour on Weekend) 40.74 Fr.
(6,268.42 kr)
26.09 Fr.
(4,014.29 kr)
     -36.0 %
Cinema, International Release, 1 Seat 20.00 Fr.
(3,077.52 kr)
13.00 Fr.
(2,000.00 kr)
     -35.0 %
Childcare
Zurich Edit Reykjavik Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 2,758.00 Fr.
(424,389.59 kr)
217.10 Fr.
(33,406.33 kr)
     -92.1 %
International Primary School, Yearly for 1 Child 32,787.50 Fr.
(5,045,204.41 kr)
5,404.79 Fr.
(831,666.67 kr)
     -83.5 %
Clothing And Shoes
Zurich Edit Reykjavik Edit
1 Pair of Jeans (Levis 501 Or Similar) 119.31 Fr.
(18,358.57 kr)
93.88 Fr.
(14,445.76 kr)
     -21.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 61.17 Fr.
(9,412.79 kr)
39.28 Fr.
(6,045.00 kr)
     -35.8 %
1 Pair of Nike Running Shoes (Mid-Range) 114.96 Fr.
(17,689.97 kr)
127.78 Fr.
(19,661.90 kr)
     +11.1 %
1 Pair of Men Leather Business Shoes 194.68 Fr.
(29,956.55 kr)
157.74 Fr.
(24,273.12 kr)
     -19.0 %
Rent Per Month
Zurich Edit Reykjavik Edit
Apartment (1 bedroom) in City Centre 2,278.45 Fr.
(350,597.79 kr)
1,683.68 Fr.
(259,077.12 kr)
     -26.1 %
Apartment (1 bedroom) Outside of Centre 1,615.00 Fr.
(248,509.50 kr)
1,504.82 Fr.
(231,555.12 kr)
     -6.8 %
Apartment (3 bedrooms) in City Centre 3,879.06 Fr.
(596,894.04 kr)
2,443.30 Fr.
(375,965.52 kr)
     -37.0 %
Apartment (3 bedrooms) Outside of Centre 2,771.97 Fr.
(426,539.80 kr)
2,172.08 Fr.
(334,230.77 kr)
     -21.6 %
Buy Apartment Price
Zurich Edit Reykjavik Edit
Price per Square Feet to Buy Apartment in City Centre 2,432.36 Fr.
(374,281.70 kr)
531.90 Fr.
(81,846.89 kr)
     -78.1 %
Price per Square Feet to Buy Apartment Outside of Centre 1,601.81 Fr.
(246,480.19 kr)
420.35 Fr.
(64,681.33 kr)
     -73.8 %
Salaries And Financing
Zurich Edit Reykjavik Edit
Average Monthly Net Salary (After Tax) 6,873.74 Fr.
(1,057,702.30 kr)
3,336.33 Fr.
(513,380.43 kr)
     -51.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.64 8.14      +208.2 %
Last update: May 2024April 2024
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