Cost of Living in Reykjavik

Summary about cost of living in Reykjavik, Iceland:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 27.21 S$ 20.17-38.09
Meal for 2 People, Mid-range Restaurant, Three-course 163.24 S$ 119.71-250.29
McMeal at McDonalds (or Equivalent Combo Meal) 19.59 S$ 16.32-27.21
Domestic Beer (1 pint draught) 13.06 S$ 8.71-16.32
Imported Beer (12 oz small bottle) 11.97 S$ 10.88-15.24
Cappuccino (regular) 6.25 S$ 4.35-8.71
Coke/Pepsi (12 oz small bottle) 3.80 S$ 2.69-5.44
Water (12 oz small bottle) 3.04 S$ 2.18-3.81
Markets
Edit
Milk (regular), (1 gallon) 7.57 S$ 6.18-10.30
Loaf of Fresh White Bread (1 lb) 4.76 S$ 3.20-8.71
Rice (white), (1 lb) 1.73 S$ 1.23-2.81
Eggs (regular) (12) 8.12 S$ 6.53-9.79
Local Cheese (1 lb) 8.54 S$ 5.18-22.21
Chicken Fillets (1 lb) 9.79 S$ 6.42-12.34
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 17.71 S$ 9.87-24.68
Apples (1 lb) 1.53 S$ 0.94-1.97
Banana (1 lb) 1.30 S$ 1.18-1.97
Oranges (1 lb) 1.36 S$ 1.17-3.46
Tomato (1 lb) 3.18 S$ 1.72-3.95
Potato (1 lb) 1.66 S$ 0.74-1.97
Onion (1 lb) 1.02 S$ 0.48-1.73
Lettuce (1 head) 3.43 S$ 2.71-3.81
Water (1.5 liter bottle) 2.78 S$ 1.63-4.12
Bottle of Wine (Mid-Range) 32.65 S$ 22.85-54.41
Domestic Beer (0.5 liter bottle) 5.03 S$ 3.04-6.58
Imported Beer (12 oz small bottle) 4.47 S$ 3.58-5.44
Cigarettes 20 Pack (Marlboro) 17.41 S$ 15.24-19.59
Transportation
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One-way Ticket (Local Transport) 5.22 S$ 5.11-5.33
Monthly Pass (Regular Price) 142.56 S$ 139.29-144.74
Taxi Start (Normal Tariff) 7.51 S$ 7.51-9.79
Taxi 1 mile (Normal Tariff) 6.15 S$ 4.24-7.01
Taxi 1hour Waiting (Normal Tariff) 86.19 S$ 65.29-86.19
Gasoline (1 gallon) 9.37 S$ 8.33-10.30
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 41,244.20 S$ 41,244.20-48,970.68
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 48,678.22 S$ 45,161.85-56,479.52
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 154.70 S$ 65.29-264.29
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.20 S$ 0.05-0.22
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 93.45 S$ 65.29-130.59
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 79.77 S$ 65.29-124.39
Tennis Court Rent (1 Hour on Weekend) 51.15 S$ 32.65-95.76
Cinema, International Release, 1 Seat 18.39 S$ 16.32-21.76
Childcare
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Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 393.77 S$ 282.94-544.12
International Primary School, Yearly for 1 Child 9,358.84 S$ 6,529.42-21,764.75
Clothing And Shoes
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1 Pair of Jeans (Levis 501 Or Similar) 161.10 S$ 87.06-217.65
1 Summer Dress in a Chain Store (Zara, H&M, ...) 66.99 S$ 38.09-119.71
1 Pair of Nike Running Shoes (Mid-Range) 190.35 S$ 108.82-272.06
1 Pair of Men Leather Business Shoes 260.22 S$ 163.24-435.29
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 2,206.70 S$ 1,632.36-2,720.59
Apartment (1 bedroom) Outside of Centre 1,896.04 S$ 1,414.71-2,176.47
Apartment (3 bedrooms) in City Centre 3,497.60 S$ 2,775.01-4,897.07
Apartment (3 bedrooms) Outside of Centre 2,956.52 S$ 2,502.95-3,808.83
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 642.46 S$ 535.83-1,011.00
Price per Square Feet to Buy Apartment Outside of Centre 475.47 S$ 404.40-606.60
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 4,515.53 S$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.38 3.50-7.00

Prices in Reykjavik

This city had 812 entries in the past 12 months by 101 different contributors.
Last update: June 2021
Sources and References
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1 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