Cost of Living in Reykjavik

Summary about cost of living in Reykjavik, Iceland:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 20.56 $ 14.93-28.78
Meal for 2 People, Mid-range Restaurant, Three-course 123.33 $ 90.45-189.11
McMeal at McDonalds (or Equivalent Combo Meal) 14.80 $ 13.16-20.56
Domestic Beer (1 pint draught) 9.87 $ 7.40-12.33
Imported Beer (12 oz small bottle) 9.04 $ 8.22-11.51
Cappuccino (regular) 4.75 $ 3.29-6.58
Coke/Pepsi (12 oz small bottle) 2.91 $ 1.99-4.11
Water (12 oz small bottle) 2.33 $ 1.64-2.88
Markets
Edit
Milk (regular), (1 gallon) 5.85 $ 4.67-7.78
Loaf of Fresh White Bread (1 lb) 3.61 $ 2.42-6.58
Rice (white), (1 lb) 1.34 $ 0.93-2.12
Eggs (regular) (12) 6.06 $ 4.93-6.91
Local Cheese (1 lb) 6.28 $ 3.73-16.78
Chicken Fillets (1 lb) 7.39 $ 4.85-9.32
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 12.55 $ 7.46-18.65
Apples (1 lb) 1.10 $ 0.71-1.49
Banana (1 lb) 1.03 $ 0.89-1.49
Oranges (1 lb) 1.00 $ 0.89-2.61
Tomato (1 lb) 2.32 $ 1.30-2.98
Potato (1 lb) 1.27 $ 0.56-1.49
Onion (1 lb) 0.82 $ 0.48-1.31
Lettuce (1 head) 2.55 $ 2.05-2.88
Water (1.5 liter bottle) 2.17 $ 1.23-3.12
Bottle of Wine (Mid-Range) 24.67 $ 17.27-41.11
Domestic Beer (0.5 liter bottle) 3.85 $ 2.29-4.97
Imported Beer (12 oz small bottle) 3.43 $ 2.71-4.11
Cigarettes 20 Pack (Marlboro) 13.16 $ 11.51-13.90
Transportation
Edit
One-way Ticket (Local Transport) 3.95 $ 3.86-4.03
Monthly Pass (Regular Price) 107.71 $ 105.25-109.36
Taxi Start (Normal Tariff) 5.67 $ 5.67-7.40
Taxi 1 mile (Normal Tariff) 4.64 $ 3.20-5.29
Taxi 1hour Waiting (Normal Tariff) 65.12 $ 49.33-65.12
Gasoline (1 gallon) 7.04 $ 6.29-7.78
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 31,162.64 $ 31,162.64-37,000.49
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 36,779.52 $ 34,122.68-42,673.90
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 115.85 $ 49.33-199.69
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.15 $ 0.04-0.16
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 71.20 $ 49.33-98.67
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 62.11 $ 49.33-113.55
Tennis Court Rent (1 Hour on Weekend) 37.31 $ 24.67-72.36
Cinema, International Release, 1 Seat 13.90 $ 12.33-16.44
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 291.45 $ 213.78-394.67
International Primary School, Yearly for 1 Child 7,071.21 $ 4,933.40-16,444.66
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 120.58 $ 65.78-164.45
1 Summer Dress in a Chain Store (Zara, H&M, ...) 51.05 $ 28.78-90.45
1 Pair of Nike Running Shoes (Mid-Range) 143.82 $ 82.22-205.56
1 Pair of Men Leather Business Shoes 196.61 $ 123.33-328.89
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 1,649.40 $ 1,233.35-2,055.58
Apartment (1 bedroom) Outside of Centre 1,425.20 $ 1,068.90-1,841.80
Apartment (3 bedrooms) in City Centre 2,635.89 $ 2,055.58-3,700.05
Apartment (3 bedrooms) Outside of Centre 2,224.14 $ 1,891.14-2,877.82
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 477.23 $ 404.85-763.87
Price per Square Feet to Buy Apartment Outside of Centre 361.49 $ 305.55-458.32
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 3,379.56 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.36 3.50-7.00

Prices in Reykjavik

This city had 758 entries in the past 12 months by 96 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