NUMBEO

Cost of Living in Reykjavik

Summary about cost of living in Reykjavik:

Restaurants [ Edit ] Range
Meal, Inexpensive Restaurant 17.64 € 12.70-21.17
Meal for 2 People, Mid-range Restaurant, Three-course 105.15 € 56.46-141.15
McMeal at McDonalds (or Equivalent Combo Meal) 11.17 € 10.59-13.41
Domestic Beer (1 pint draught) 8.47 € 7.06-9.88
Imported Beer (12 oz small bottle) 7.06 € 5.65-8.47
Cappuccino (regular) 3.92 € 3.18-4.59
Coke/Pepsi (12 oz small bottle) 2.17 € 1.40-3.46
Water (12 oz small bottle) 1.78 € 1.06-2.47
Markets [ Edit ]
Milk (regular), (1 gallon) 4.14 € 3.87-4.54
Loaf of Fresh White Bread (1 lb) 2.52 € 1.78-3.84
Rice (white), (1 lb) 0.85 € 0.64-1.78
Eggs (regular) (12) 4.24 € 3.53-4.94
Local Cheese (1 lb) 5.67 € 4.16-8.32
Chicken Breasts (Boneless, Skinless), (1 lb) 6.24 € 5.12-7.36
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.83 € 6.08-11.20
Apples (1 lb) 0.89 € 0.70-1.12
Banana (1 lb) 0.73 € 0.64-0.89
Oranges (1 lb) 0.94 € 0.80-1.28
Tomato (1 lb) 1.31 € 0.89-1.92
Potato (1 lb) 0.83 € 0.44-0.96
Onion (1 lb) 0.66 € 0.26-0.89
Lettuce (1 head) 1.99 € 0.89-2.82
Water (1.5 liter bottle) 1.28 € 0.89-1.76
Bottle of Wine (Mid-Range) 17.64 € 14.11-21.17
Domestic Beer (0.5 liter bottle) 2.37 € 2.04-2.82
Imported Beer (12 oz small bottle) 2.25 € 1.62-2.82
Cigarettes 20 Pack (Marlboro) 9.81 € 8.47-10.59
Transportation [ Edit ]
One-way Ticket (Local Transport) 3.25 € 3.18-3.32
Monthly Pass (Regular Price) 86.80 € 86.80-90.33
Taxi Start (Normal Tariff) 4.87 € 4.87-5.50
Taxi 1 mile (Normal Tariff) 3.13 € 2.75-5.01
Taxi 1hour Waiting (Normal Tariff) 55.89 € 52.51-70.57
Gasoline (1 gallon) 5.98 € 5.71-6.28
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 24,700.51 € 22,936.19-29,993.48
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) 28,740.81 € 23,289.06-32,463.53
Utilities (Monthly) [ Edit ]
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 80.75 € 49.40-134.97
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.14 € 0.11-0.18
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 55.57 € 38.82-70.57
Sports And Leisure [ Edit ]
Fitness Club, Monthly Fee for 1 Adult 53.85 € 42.34-80.66
Tennis Court Rent (1 Hour on Weekend) 33.73 € 22.58-70.57
Cinema, International Release, 1 Seat 10.94 € 9.88-12.00
Childcare [ Edit ]
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 244.08 € 183.23-317.58
International Primary School, Yearly for 1 Child 6,704.43 € 4,234.37-14,114.58
Clothing And Shoes [ Edit ]
1 Pair of Jeans (Levis 501 Or Similar) 96.57 € 52.93-134.09
1 Summer Dress in a Chain Store (Zara, H&M, ...) 41.33 € 24.70-67.04
1 Pair of Nike Running Shoes (Mid-Range) 120.03 € 91.04-158.79
1 Pair of Men Leather Business Shoes 159.47 € 105.86-211.72
Rent Per Month [ Edit ]
Apartment (1 bedroom) in City Centre 1,405.89 € 1,058.59-1,764.32
Apartment (1 bedroom) Outside of Centre 1,146.27 € 846.87-1,411.46
Apartment (3 bedrooms) in City Centre 2,127.97 € 1,764.32-2,681.77
Apartment (3 bedrooms) Outside of Centre 1,756.06 € 1,411.46-2,117.19
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 385.42 € 327.82-524.51
Price per Square Feet to Buy Apartment Outside of Centre 291.64 € 260.55-354.04
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 2,912.19 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.34 0.04-0.06

Prices in Reykjavik

These data are based on 2048 entries in the past 18 months from 256 different contributors.
Last update: July 2019
Sources and References: Info
Add new source here:
URL:
Description:
Sign up for our newsletter:
Your email address:
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

Leave a comment:
Your name: Sign In
Your email address (optional):
Your comment (no HTML):

4 Comments so far

#Gio on Jul 26, 2018 :
Hello everyone

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
#Neil Crockett on Jan 25, 2017 :
I have just returned from a 4 day trip. Being going now for 4 years... this year it hurt. The prices have gone through the roof. Pound is weak and krone high. Pint of lager is £8.40. Meal for 6.... only 2 courses and perhaps 3 drinks each.... £484.00. Shops and cafes closing down in reyjavik. Locals are struggling with the cost of living. I won't be going back now. Love the place. Beautiful place to go. Stunning... just can't afford it.
#Roderick on Jan 24, 2017 :
Returned yesterday, and i cant agree with these prices, specially the resturent prices are much more expensive. In town center midpriced restaurant 6.500 Kr for a 3 course menu. And in the foodcellar 9.800 Kr. And Stofan Kaffihus 3.100 Kr for a panini sandwich with smoked salmon. Price busses is now 440 Kr.
#JOSEPH ANTHONY SCHOFIELD on Mar 22, 2016 :
I can't agree with the restaurant prices. We paid much more than quoted for everything only last weekend. 0.5l local beer for
£6? More like £11!