Cost of Living in Reykjavik
Summary about cost of living in Reykjavik:
- Four-person family monthly costs: 4,066.59$ (575,422.86kr) without rent (using our estimator).
- A single person monthly costs: 1,095.90$ (155,069.62kr) without rent.
- Cost of living index in Reykjavik is 12.29% lower than in New York.
- Rent in Reykjavik is, on average, 57.99% lower than in New York.
- Cost of living rank 13th out of 489 cities in the world.
- Reykjavik has a cost of living index of 87.71.
| 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) | 1,050.00 kr | |
| Cappuccino (regular) | 588.97 kr | |
| Coke/Pepsi (12 oz small bottle) | 373.06 kr | |
| Water (12 oz small bottle) | 270.19 kr | |
| Markets | [ Edit ] | |
| Milk (regular), (1 gallon) | 643.31 kr | |
| Loaf of Fresh White Bread (1 lb) | 382.73 kr | |
| Rice (white), (1 lb) | 164.40 kr | |
| Eggs (regular) (12) | 695.68 kr | |
| Local Cheese (1 lb) | 814.79 kr | |
| Chicken Fillets (1 lb) | 914.13 kr | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 1,429.01 kr | |
| Apples (1 lb) | 134.64 kr | |
| Banana (1 lb) | 102.41 kr | |
| Oranges (1 lb) | 126.22 kr | |
| Tomato (1 lb) | 219.31 kr | |
| Potato (1 lb) | 123.82 kr | |
| Onion (1 lb) | 106.13 kr | |
| Lettuce (1 head) | 323.43 kr | |
| Water (1.5 liter bottle) | 225.31 kr | |
| Bottle of Wine (Mid-Range) | 2,500.00 kr | |
| Domestic Beer (0.5 liter bottle) | 394.75 kr | |
| Imported Beer (12 oz small bottle) | 390.50 kr | |
| Cigarettes 20 Pack (Marlboro) | 1,450.00 kr | |
| Transportation | [ Edit ] | |
| One-way Ticket (Local Transport) | 470.00 kr | |
| Monthly Pass (Regular Price) | 12,800.00 kr | |
| Taxi Start (Normal Tariff) | 700.00 kr | |
| Taxi 1 mile (Normal Tariff) | 564.88 kr | |
| Taxi 1hour Waiting (Normal Tariff) | 7,920.00 kr | |
| Gasoline (1 gallon) | 863.48 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) | 4,278,846.15 kr | |
| Utilities (Monthly) | [ Edit ] | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 12,653.10 kr | |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 21.27 kr | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 8,338.15 kr | |
| Sports And Leisure | [ Edit ] | |
| Fitness Club, Monthly Fee for 1 Adult | 7,470.73 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 | 35,583.33 kr | |
| International Primary School, Yearly for 1 Child | 860,000.00 kr | |
| Clothing And Shoes | [ Edit ] | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 15,198.85 kr | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 6,139.16 kr | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 17,349.81 kr | |
| 1 Pair of Men Leather Business Shoes | 23,071.80 kr | |
| Rent Per Month | [ Edit ] | |
| Apartment (1 bedroom) in City Centre | 194,153.85 kr | |
| Apartment (1 bedroom) Outside of Centre | 159,673.08 kr | |
| Apartment (3 bedrooms) in City Centre | 318,241.38 kr | |
| Apartment (3 bedrooms) Outside of Centre | 266,080.00 kr | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 56,906.39 kr | |
| Price per Square Feet to Buy Apartment Outside of Centre | 42,850.88 kr | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 398,429.04 kr | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.18 |
Prices in Reykjavik
These data are based on 1733 entries in the past 18 months from 231 different contributors.
Last update: May 2020
Last update: May 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