NUMBEO

Cost of Living in Reykjavik

Summary about cost of living in Reykjavik:

Restaurants [ Edit ] Range
Meal, Inexpensive Restaurant 2,496.40 kr 1,872.30-3,000.00
Meal for 2 People, Mid-range Restaurant, Three-course 15,000.00 kr 10,000.00-19,000.00
McMeal at McDonalds (or Equivalent Combo Meal) 1,600.00 kr 1,500.00-1,900.00
Domestic Beer (1 pint draught) 1,200.00 kr 1,100.00-1,400.00
Imported Beer (12 oz small bottle) 1,000.00 kr 1,000.00-1,200.00
Cappuccino (regular) 554.66 kr 450.00-650.00
Coke/Pepsi (12 oz small bottle) 326.04 kr 199.00-490.00
Water (12 oz small bottle) 255.47 kr 150.00-350.00
Markets [ Edit ]
Milk (regular), (1 gallon) 595.57 kr 564.03-662.45
Loaf of Fresh White Bread (1 lb) 343.17 kr 249.64-408.23
Rice (white), (1 lb) 145.57 kr 90.26-258.09
Eggs (regular) (12) 621.00 kr 500.00-720.00
Local Cheese (1 lb) 749.67 kr 563.82-1,179.34
Chicken Breasts (Boneless, Skinless), (1 lb) 876.41 kr 725.75-1,111.30
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 1,255.93 kr 861.83-1,723.65
Apples (1 lb) 125.42 kr 99.79-158.76
Banana (1 lb) 105.15 kr 90.72-124.82
Oranges (1 lb) 127.22 kr 113.40-181.44
Tomato (1 lb) 204.32 kr 133.81-272.16
Potato (1 lb) 110.87 kr 68.04-136.08
Onion (1 lb) 91.70 kr 36.29-126.55
Lettuce (1 head) 279.43 kr 124.82-398.00
Water (1.5 liter bottle) 192.47 kr 124.82-300.00
Bottle of Wine (Mid-Range) 2,500.00 kr 2,000.00-3,000.00
Domestic Beer (0.5 liter bottle) 338.37 kr 289.00-400.00
Imported Beer (12 oz small bottle) 325.08 kr 229.00-400.00
Cigarettes 20 Pack (Marlboro) 1,390.00 kr 1,200.00-1,559.00
Transportation [ Edit ]
One-way Ticket (Local Transport) 470.00 kr 450.00-470.00
Monthly Pass (Regular Price) 12,800.00 kr 12,000.00-12,800.00
Taxi Start (Normal Tariff) 690.00 kr 690.00-780.00
Taxi 1 mile (Normal Tariff) 499.45 kr 389.46-709.72
Taxi 1hour Waiting (Normal Tariff) 7,920.00 kr 7,440.00-10,000.00
Gasoline (1 gallon) 850.74 kr 794.94-900.93
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 3,550,000.00 kr 3,250,000.00-4,250,000.00
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) 4,084,800.00 kr 3,800,000.00-4,570,000.00
Utilities (Monthly) [ Edit ]
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 11,558.09 kr 6,500.00-20,000.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 20.17 kr 15.00-25.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 8,487.21 kr 6,990.00-10,300.00
Sports And Leisure [ Edit ]
Fitness Club, Monthly Fee for 1 Adult 7,424.38 kr 6,000.00-11,430.00
Tennis Court Rent (1 Hour on Weekend) 4,892.86 kr 3,200.00-10,000.00
Cinema, International Release, 1 Seat 1,550.00 kr 1,400.00-1,680.00
Childcare [ Edit ]
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 34,365.33 kr 25,963.00-43,000.00
International Primary School, Yearly for 1 Child 1,033,333.33 kr 600,000.00-2,000,000.00
Clothing And Shoes [ Edit ]
1 Pair of Jeans (Levis 501 Or Similar) 13,848.06 kr 8,000.00-19,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 5,885.67 kr 3,500.00-8,000.00
1 Pair of Nike Running Shoes (Mid-Range) 17,371.29 kr 14,950.00-22,000.00
1 Pair of Men Leather Business Shoes 23,690.62 kr 16,000.00-32,000.00
Rent Per Month [ Edit ]
Apartment (1 bedroom) in City Centre 201,102.56 kr 155,000.00-250,000.00
Apartment (1 bedroom) Outside of Centre 167,058.82 kr 120,000.00-200,000.00
Apartment (3 bedrooms) in City Centre 306,971.43 kr 250,000.00-380,000.00
Apartment (3 bedrooms) Outside of Centre 256,971.43 kr 220,000.00-300,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 57,109.44 kr 46,451.13-74,321.81
Price per Square Feet to Buy Apartment Outside of Centre 42,521.29 kr 36,919.18-55,741.36
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 401,074.51 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.45 5.00-7.50

Prices in Reykjavik

These data are based on 2070 entries in the past 18 months from 251 different contributors.
Last update: October 2019
Sources and References: Info
Add new source here:
URL:
Description:
Sign up for our newsletter:
Your email address:
This page in other languages:

DeutschLebenshaltungskosten in Reykjavik
PortuguêsCusto de Vida em Reykjavík
ItalianoCosto della Vita a Reykjavik
FrançaisCoût de la Vie à Reykjavik
EspañolCosto de Vida en Reikiavik

Leave a comment:
Your name: Sign In
Your email address (optional):
Your comment (no HTML):

4 Comments so far

#Gio on Jul 26, 2018 :
Hello everyone

I have two questions:
1. Do you know any website where I can rent a flat for months?
2. Do you know any website to find basic jobs?

thnx
#Neil Crockett on Jan 25, 2017 :
I have just returned from a 4 day trip. Being going now for 4 years... this year it hurt. The prices have gone through the roof. Pound is weak and krone high. Pint of lager is £8.40. Meal for 6.... only 2 courses and perhaps 3 drinks each.... £484.00. Shops and cafes closing down in reyjavik. Locals are struggling with the cost of living. I won't be going back now. Love the place. Beautiful place to go. Stunning... just can't afford it.
#Roderick on Jan 24, 2017 :
Returned yesterday, and i cant agree with these prices, specially the resturent prices are much more expensive. In town center midpriced restaurant 6.500 Kr for a 3 course menu. And in the foodcellar 9.800 Kr. And Stofan Kaffihus 3.100 Kr for a panini sandwich with smoked salmon. Price busses is now 440 Kr.
#JOSEPH ANTHONY SCHOFIELD on Mar 22, 2016 :
I can't agree with the restaurant prices. We paid much more than quoted for everything only last weekend. 0.5l local beer for
£6? More like £11!