Cost of Living in Reykjavik
Summary about cost of living in Reykjavik:
- Four-person family monthly costs: 4,289.76$ (584,522.30kr) without rent (using our estimator).
- A single person monthly costs: 1,156.14$ (157,535.01kr) without rent.
- Cost of living index in Reykjavik is 5.02% lower than in New York.
- Rent in Reykjavik is, on average, 58.27% lower than in New York.
- Cost of living rank 14th out of 540 cities in the world.
- Reykjavik has a cost of living index of 94.98.
| Restaurants | [ Edit ] | Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 2,500.00 kr | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 16,000.00 kr | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 1,700.00 kr | |
| Domestic Beer (1 pint draught) | 1,200.00 kr | |
| Imported Beer (12 oz small bottle) | 1,091.60 kr | |
| Cappuccino (regular) | 591.59 kr | |
| Coke/Pepsi (12 oz small bottle) | 367.09 kr | |
| Water (12 oz small bottle) | 261.50 kr | |
| Markets | [ Edit ] | |
| Milk (regular), (1 gallon) | 662.24 kr | |
| Loaf of Fresh White Bread (1 lb) | 412.35 kr | |
| Rice (white), (1 lb) | 173.65 kr | |
| Eggs (regular) (12) | 723.07 kr | |
| Local Cheese (1 lb) | 744.44 kr | |
| Chicken Fillets (1 lb) | 917.62 kr | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 1,530.03 kr | |
| Apples (1 lb) | 144.30 kr | |
| Banana (1 lb) | 108.61 kr | |
| Oranges (1 lb) | 136.93 kr | |
| Tomato (1 lb) | 233.49 kr | |
| Potato (1 lb) | 141.91 kr | |
| Onion (1 lb) | 109.03 kr | |
| Lettuce (1 head) | 306.18 kr | |
| Water (1.5 liter bottle) | 227.77 kr | |
| Bottle of Wine (Mid-Range) | 2,550.00 kr | |
| Domestic Beer (0.5 liter bottle) | 407.25 kr | |
| Imported Beer (12 oz small bottle) | 391.36 kr | |
| Cigarettes 20 Pack (Marlboro) | 1,519.00 kr | |
| Transportation | [ Edit ] | |
| One-way Ticket (Local Transport) | 470.00 kr | |
| Monthly Pass (Regular Price) | 12,800.00 kr | |
| Taxi Start (Normal Tariff) | 695.00 kr | |
| Taxi 1 mile (Normal Tariff) | 564.08 kr | |
| Taxi 1hour Waiting (Normal Tariff) | 7,920.00 kr | |
| Gasoline (1 gallon) | 861.28 kr | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 3,745,000.00 kr | |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 4,247,272.73 kr | |
| Utilities (Monthly) | [ Edit ] | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 12,607.38 kr | |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 21.27 kr | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 8,521.72 kr | |
| Sports And Leisure | [ Edit ] | |
| Fitness Club, Monthly Fee for 1 Adult | 7,133.52 kr | |
| Tennis Court Rent (1 Hour on Weekend) | 4,768.42 kr | |
| Cinema, International Release, 1 Seat | 1,600.00 kr | |
| Childcare | [ Edit ] | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 34,619.05 kr | |
| International Primary School, Yearly for 1 Child | 860,000.00 kr | |
| Clothing And Shoes | [ Edit ] | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 14,886.80 kr | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 6,091.81 kr | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 17,617.80 kr | |
| 1 Pair of Men Leather Business Shoes | 23,066.48 kr | |
| Rent Per Month | [ Edit ] | |
| Apartment (1 bedroom) in City Centre | 203,192.31 kr | |
| Apartment (1 bedroom) Outside of Centre | 163,103.45 kr | |
| Apartment (3 bedrooms) in City Centre | 316,259.26 kr | |
| Apartment (3 bedrooms) Outside of Centre | 263,785.71 kr | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 55,871.42 kr | |
| Price per Square Feet to Buy Apartment Outside of Centre | 43,087.93 kr | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 405,717.32 kr | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.01 |
Prices in Reykjavik
This city had 1521 entries in the past 12 months by 185 different contributors.
Last update: August 2020
Last update: August 2020
Sources and References
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ItalianoCosto della Vita a Reykjavik
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3 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