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Cost of Living in Reykjavik
Summary about cost of living in Reykjavik:
- Four-person family monthly costs: 4,288.06$ (541,752.96kr) without rent (using our estimator).
- A single person monthly costs: 1,154.26$ (145,829.12kr) without rent.
- Cost of living rank 11st out of 379 cities in the world.
- Reykjavik has a cost of living index of 97.80.
| Restaurants | [ Edit ] | Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 2,500.00 kr | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 14,900.00 kr | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 1,582.06 kr | |
| Domestic Beer (1 pint draught) | 1,200.00 kr | |
| Imported Beer (12 oz small bottle) | 1,000.00 kr | |
| Cappuccino (regular) | 556.03 kr | |
| Coke/Pepsi (12 oz small bottle) | 307.40 kr | |
| Water (12 oz small bottle) | 251.86 kr | |
| Markets | [ Edit ] | |
| Milk (regular), (1 gallon) | 586.74 kr | |
| Loaf of Fresh White Bread (1 lb) | 357.02 kr | |
| Rice (white), (1 lb) | 120.43 kr | |
| Eggs (regular) (12) | 601.11 kr | |
| Local Cheese (1 lb) | 802.78 kr | |
| Chicken Breasts (Boneless, Skinless), (1 lb) | 884.51 kr | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 1,250.77 kr | |
| Apples (1 lb) | 125.78 kr | |
| Banana (1 lb) | 102.91 kr | |
| Oranges (1 lb) | 132.73 kr | |
| Tomato (1 lb) | 186.30 kr | |
| Potato (1 lb) | 117.29 kr | |
| Onion (1 lb) | 93.67 kr | |
| Lettuce (1 head) | 282.57 kr | |
| Water (1.5 liter bottle) | 181.18 kr | |
| Bottle of Wine (Mid-Range) | 2,500.00 kr | |
| Domestic Beer (0.5 liter bottle) | 336.43 kr | |
| Imported Beer (12 oz small bottle) | 318.62 kr | |
| Cigarettes 20 Pack (Marlboro) | 1,390.00 kr | |
| Transportation | [ Edit ] | |
| One-way Ticket (Local Transport) | 460.00 kr | |
| Monthly Pass (Regular Price) | 12,300.00 kr | |
| Taxi Start (Normal Tariff) | 690.00 kr | |
| Taxi 1 mile (Normal Tariff) | 444.18 kr | |
| Taxi 1hour Waiting (Normal Tariff) | 7,920.00 kr | |
| Gasoline (1 gallon) | 847.80 kr | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 3,500,000.00 kr | |
| Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) | 4,072,500.00 kr | |
| Utilities (Monthly) | [ Edit ] | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 11,441.64 kr | |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 20.45 kr | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 7,873.67 kr | |
| Sports And Leisure | [ Edit ] | |
| Fitness Club, Monthly Fee for 1 Adult | 7,631.09 kr | |
| Tennis Court Rent (1 Hour on Weekend) | 4,780.00 kr | |
| Cinema, International Release, 1 Seat | 1,550.00 kr | |
| Childcare | [ Edit ] | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 34,584.91 kr | |
| International Primary School, Yearly for 1 Child | 950,000.00 kr | |
| Clothing And Shoes | [ Edit ] | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 13,683.08 kr | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 5,856.33 kr | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 17,008.19 kr | |
| 1 Pair of Men Leather Business Shoes | 22,596.88 kr | |
| Rent Per Month | [ Edit ] | |
| Apartment (1 bedroom) in City Centre | 199,210.53 kr | |
| Apartment (1 bedroom) Outside of Centre | 162,424.24 kr | |
| Apartment (3 bedrooms) in City Centre | 301,527.78 kr | |
| Apartment (3 bedrooms) Outside of Centre | 248,828.57 kr | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 54,613.60 kr | |
| Price per Square Feet to Buy Apartment Outside of Centre | 41,324.18 kr | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 412,650.26 kr | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.34 |
Prices in Reykjavik
These data are based on 2048 entries in the past 18 months from 256 different contributors.
Last update: July 2019
Last update: July 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!