Cost of Living in Reykjavik
Summary about cost of living in Reykjavik, Iceland:
- Family of four estimated monthly costs are 4,521.50$ (580,243.89kr) without rent (using our estimator).
- A single person estimated monthly costs are 1,220.26$ (156,595.70kr) without rent.
- Reykjavik is 1.40% less expensive than New York (without rent, see our cost of living index).
- Rent in Reykjavik is, on average, 48.41% lower than in New York.
Restaurants |  Edit |
Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 2,500.00 kr | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 15,490.00 kr | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 1,774.50 kr | |
| Domestic Beer (1 pint draught) | 1,200.00 kr | |
| Imported Beer (12 oz small bottle) | 1,150.00 kr | |
| Cappuccino (regular) | 582.85 kr | |
| Coke/Pepsi (12 oz small bottle) | 340.86 kr | |
| Water (12 oz small bottle) | 266.84 kr | |
Markets | Edit |
|
| Milk (regular), (1 gallon) | 683.17 kr | |
| Loaf of Fresh White Bread (1 lb) | 426.65 kr | |
| Rice (white), (1 lb) | 158.18 kr | |
| Eggs (regular) (12) | 710.12 kr | |
| Local Cheese (1 lb) | 712.80 kr | |
| Chicken Fillets (1 lb) | 850.52 kr | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 1,561.67 kr | |
| Apples (1 lb) | 140.87 kr | |
| Banana (1 lb) | 118.61 kr | |
| Oranges (1 lb) | 125.76 kr | |
| Tomato (1 lb) | 246.98 kr | |
| Potato (1 lb) | 149.52 kr | |
| Onion (1 lb) | 94.18 kr | |
| Lettuce (1 head) | 303.00 kr | |
| Water (1.5 liter bottle) | 249.50 kr | |
| Bottle of Wine (Mid-Range) | 2,600.00 kr | |
| Domestic Beer (0.5 liter bottle) | 437.54 kr | |
| Imported Beer (12 oz small bottle) | 403.54 kr | |
| Cigarettes 20 Pack (Marlboro) | 1,479.00 kr | |
Transportation | Edit |
|
| One-way Ticket (Local Transport) | 480.00 kr | |
| Monthly Pass (Regular Price) | 13,000.00 kr | |
| Taxi Start (Normal Tariff) | 690.00 kr | |
| Taxi 1 mile (Normal Tariff) | 564.88 kr | |
| Taxi 1hour Waiting (Normal Tariff) | 7,920.00 kr | |
| Gasoline (1 gallon) | 857.17 kr | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 3,790,000.00 kr | |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 4,308,000.00 kr | |
Utilities (Monthly) | Edit |
|
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 12,940.24 kr | |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 19.57 kr | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 8,477.27 kr | |
Sports And Leisure | Edit |
|
| Fitness Club, Monthly Fee for 1 Adult | 7,243.58 kr | |
| Tennis Court Rent (1 Hour on Weekend) | 4,422.22 kr | |
| Cinema, International Release, 1 Seat | 1,650.00 kr | |
Childcare | Edit |
|
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 35,125.41 kr | |
| International Primary School, Yearly for 1 Child | 860,000.00 kr | |
Clothing And Shoes | Edit |
|
| 1 Pair of Jeans (Levis 501 Or Similar) | 14,245.00 kr | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 6,026.32 kr | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 17,916.46 kr | |
| 1 Pair of Men Leather Business Shoes | 23,423.57 kr | |
Rent Per Month | Edit |
|
| Apartment (1 bedroom) in City Centre | 200,800.00 kr | |
| Apartment (1 bedroom) Outside of Centre | 174,375.00 kr | |
| Apartment (3 bedrooms) in City Centre | 323,560.00 kr | |
| Apartment (3 bedrooms) Outside of Centre | 273,272.73 kr | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 56,015.84 kr | |
| Price per Square Feet to Buy Apartment Outside of Centre | 42,883.55 kr | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 401,788.98 kr | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.98 |
Prices in Reykjavik
This city had 628 entries in the past 12 months by 76 different contributors.
Last update: March 2021
Last update: March 2021
Sources and References
Would you like to live and work in Reykjavik?
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