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Cost of Living in Reykjavik
Summary about cost of living in Reykjavik:
- Four-person family monthly costs: 4,363.11$ (544,603.80kr) without rent (using our estimator).
- A single person monthly costs: 1,174.99$ (146,662.40kr) without rent.
- Cost of living rank 7th out of 365 cities in the world.
- Reykjavik has a cost of living index of 100.63.
| Restaurants | [ Edit ] | Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 2,496.40 kr | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 15,000.00 kr | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 1,600.00 kr | |
| Domestic Beer (1 pint draught) | 1,200.00 kr | |
| Imported Beer (12 oz small bottle) | 1,000.00 kr | |
| Cappuccino (regular) | 554.66 kr | |
| Coke/Pepsi (12 oz small bottle) | 326.04 kr | |
| Water (12 oz small bottle) | 255.47 kr | |
| Markets | [ Edit ] | |
| Milk (regular), (1 gallon) | 595.57 kr | |
| Loaf of Fresh White Bread (1 lb) | 343.17 kr | |
| Rice (white), (1 lb) | 145.57 kr | |
| Eggs (regular) (12) | 621.00 kr | |
| Local Cheese (1 lb) | 749.67 kr | |
| Chicken Breasts (Boneless, Skinless), (1 lb) | 876.41 kr | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 1,255.93 kr | |
| Apples (1 lb) | 125.42 kr | |
| Banana (1 lb) | 105.15 kr | |
| Oranges (1 lb) | 127.22 kr | |
| Tomato (1 lb) | 204.32 kr | |
| Potato (1 lb) | 110.87 kr | |
| Onion (1 lb) | 91.70 kr | |
| Lettuce (1 head) | 279.43 kr | |
| Water (1.5 liter bottle) | 192.47 kr | |
| Bottle of Wine (Mid-Range) | 2,500.00 kr | |
| Domestic Beer (0.5 liter bottle) | 338.37 kr | |
| Imported Beer (12 oz small bottle) | 325.08 kr | |
| Cigarettes 20 Pack (Marlboro) | 1,390.00 kr | |
| Transportation | [ Edit ] | |
| One-way Ticket (Local Transport) | 470.00 kr | |
| Monthly Pass (Regular Price) | 12,800.00 kr | |
| Taxi Start (Normal Tariff) | 690.00 kr | |
| Taxi 1 mile (Normal Tariff) | 499.45 kr | |
| Taxi 1hour Waiting (Normal Tariff) | 7,920.00 kr | |
| Gasoline (1 gallon) | 850.74 kr | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 3,550,000.00 kr | |
| Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) | 4,084,800.00 kr | |
| Utilities (Monthly) | [ Edit ] | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 11,558.09 kr | |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 20.17 kr | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 8,487.21 kr | |
| Sports And Leisure | [ Edit ] | |
| Fitness Club, Monthly Fee for 1 Adult | 7,424.38 kr | |
| Tennis Court Rent (1 Hour on Weekend) | 4,892.86 kr | |
| Cinema, International Release, 1 Seat | 1,550.00 kr | |
| Childcare | [ Edit ] | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 34,365.33 kr | |
| International Primary School, Yearly for 1 Child | 1,033,333.33 kr | |
| Clothing And Shoes | [ Edit ] | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 13,848.06 kr | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 5,885.67 kr | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 17,371.29 kr | |
| 1 Pair of Men Leather Business Shoes | 23,690.62 kr | |
| Rent Per Month | [ Edit ] | |
| Apartment (1 bedroom) in City Centre | 201,102.56 kr | |
| Apartment (1 bedroom) Outside of Centre | 167,058.82 kr | |
| Apartment (3 bedrooms) in City Centre | 306,971.43 kr | |
| Apartment (3 bedrooms) Outside of Centre | 256,971.43 kr | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 57,109.44 kr | |
| Price per Square Feet to Buy Apartment Outside of Centre | 42,521.29 kr | |
| 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 |
Prices in Reykjavik
These data are based on 2070 entries in the past 18 months from 251 different contributors.
Last update: October 2019
Last update: October 2019
Sources and References:
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
4 Comments so far
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
£6? More like £11!