Cost of Living in Reykjavik
Summary about cost of living in Reykjavik, Iceland:
- Family of four estimated monthly costs are 4,448.23$ (588,188.81kr) without rent (using our estimator).
- A single person estimated monthly costs are 1,199.74$ (158,641.24kr) without rent.
- Reykjavik is 6.39% less expensive than New York (without rent, see our cost of living index).
- Rent in Reykjavik is, on average, 57.43% lower than in New York.
Restaurants |  Edit |
Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 2,500.00 kr | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 14,000.00 kr | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 2,000.00 kr | |
| Domestic Beer (1 pint draught) | 1,200.00 kr | |
| Imported Beer (12 oz small bottle) | 1,100.00 kr | |
| Cappuccino (regular) | 621.11 kr | |
| Coke/Pepsi (12 oz small bottle) | 341.49 kr | |
| Water (12 oz small bottle) | 276.92 kr | |
Markets | Edit |
|
| Milk (regular), (1 gallon) | 764.83 kr | |
| Loaf of Fresh White Bread (1 lb) | 385.59 kr | |
| Rice (white), (1 lb) | 205.89 kr | |
| Eggs (regular) (12) | 752.18 kr | |
| Local Cheese (1 lb) | 856.17 kr | |
| Chicken Fillets (1 lb) | 1,051.12 kr | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 1,521.98 kr | |
| Apples (1 lb) | 204.65 kr | |
| Banana (1 lb) | 133.18 kr | |
| Oranges (1 lb) | 143.38 kr | |
| Tomato (1 lb) | 277.04 kr | |
| Potato (1 lb) | 160.07 kr | |
| Onion (1 lb) | 93.49 kr | |
| Lettuce (1 head) | 362.36 kr | |
| Water (1.5 liter bottle) | 279.90 kr | |
| Bottle of Wine (Mid-Range) | 2,800.00 kr | |
| Domestic Beer (0.5 liter bottle) | 420.62 kr | |
| Imported Beer (12 oz small bottle) | 374.08 kr | |
| Cigarettes 20 Pack (Marlboro) | 1,600.00 kr | |
Transportation | Edit |
|
| One-way Ticket (Local Transport) | 490.00 kr | |
| Monthly Pass (Regular Price) | 8,000.00 kr | |
| Taxi Start (Normal Tariff) | 745.00 kr | |
| Taxi 1 mile (Normal Tariff) | 564.88 kr | |
| Taxi 1hour Waiting (Normal Tariff) | 7,920.00 kr | |
| Gasoline (1 gallon) | 1,030.82 kr | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 4,500,000.00 kr | |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 5,472,000.00 kr | |
Utilities (Monthly) | Edit |
|
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 13,442.91 kr | |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 17.32 kr | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 9,427.42 kr | |
Sports And Leisure | Edit |
|
| Fitness Club, Monthly Fee for 1 Adult | 9,901.46 kr | |
| Tennis Court Rent (1 Hour on Weekend) | 4,687.50 kr | |
| Cinema, International Release, 1 Seat | 1,800.00 kr | |
Childcare | Edit |
|
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 46,875.00 kr | |
| International Primary School, Yearly for 1 Child | 925,000.00 kr | |
Clothing And Shoes | Edit |
|
| 1 Pair of Jeans (Levis 501 Or Similar) | 15,113.57 kr | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 6,166.67 kr | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 19,375.38 kr | |
| 1 Pair of Men Leather Business Shoes | 27,041.67 kr | |
Rent Per Month | Edit |
|
| Apartment (1 bedroom) in City Centre | 206,176.47 kr | |
| Apartment (1 bedroom) Outside of Centre | 172,411.76 kr | |
| Apartment (3 bedrooms) in City Centre | 298,214.29 kr | |
| Apartment (3 bedrooms) Outside of Centre | 248,333.33 kr | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 81,360.95 kr | |
| Price per Square Feet to Buy Apartment Outside of Centre | 60,016.95 kr | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 484,458.55 kr | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.17 |
Prices in Reykjavik
This city had 1065 entries in the past 12 months by 124 different contributors.
Last update: June 2022
Last update: June 2022
Sources and References
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Moving to Reykjavik? Explore:
Nearby cities:| 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 |
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
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