NUMBEO

Cost of Living in Reykjavik

Summary about cost of living in Reykjavik:

Restaurants [ Edit ] Range
Meal, Inexpensive Restaurant 19.97 $ 14.98-24.38
Meal for 2 People, Mid-range Restaurant, Three-course 121.88 $ 81.25-154.38
McMeal at McDonalds (or Equivalent Combo Meal) 13.00 $ 12.19-16.25
Domestic Beer (1 pint draught) 9.75 $ 8.94-11.38
Imported Beer (12 oz small bottle) 8.13 $ 8.13-9.75
Cappuccino (regular) 4.53 $ 3.66-5.28
Coke/Pepsi (12 oz small bottle) 2.88 $ 1.62-4.06
Water (12 oz small bottle) 2.17 $ 1.29-2.84
Markets [ Edit ]
Milk (regular), (1 gallon) 4.88 $ 4.61-5.54
Loaf of Fresh White Bread (1 lb) 2.92 $ 2.00-3.82
Rice (white), (1 lb) 1.21 $ 0.92-2.00
Eggs (regular) (12) 5.29 $ 4.06-6.50
Local Cheese (1 lb) 6.22 $ 4.58-9.58
Chicken Breasts (Boneless, Skinless), (1 lb) 7.27 $ 5.90-8.99
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 10.24 $ 7.00-14.74
Apples (1 lb) 1.07 $ 0.81-1.47
Banana (1 lb) 0.86 $ 0.74-1.00
Oranges (1 lb) 1.02 $ 0.92-1.29
Tomato (1 lb) 1.79 $ 1.09-2.43
Potato (1 lb) 0.94 $ 0.55-1.47
Onion (1 lb) 0.68 $ 0.29-1.03
Lettuce (1 head) 2.39 $ 1.95-3.23
Water (1.5 liter bottle) 1.63 $ 1.00-2.44
Bottle of Wine (Mid-Range) 20.31 $ 16.25-24.38
Domestic Beer (0.5 liter bottle) 2.78 $ 2.35-3.25
Imported Beer (12 oz small bottle) 2.72 $ 1.86-3.25
Cigarettes 20 Pack (Marlboro) 11.33 $ 10.55-13.00
Transportation [ Edit ]
One-way Ticket (Local Transport) 3.82 $ 3.66-3.82
Monthly Pass (Regular Price) 104.01 $ 99.94-104.01
Taxi Start (Normal Tariff) 5.61 $ 5.61-6.50
Taxi 1 mile (Normal Tariff) 4.09 $ 3.16-5.77
Taxi 1hour Waiting (Normal Tariff) 64.35 $ 60.45-81.25
Gasoline (1 gallon) 6.92 $ 6.46-7.36
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 29,170.39 $ 27,545.30-34,939.46
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) 33,471.47 $ 31,201.75-37,377.10
Utilities (Monthly) [ Edit ]
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 97.98 $ 52.82-162.51
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.17 $ 0.12-0.20
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 68.38 $ 56.80-84.91
Sports And Leisure [ Edit ]
Fitness Club, Monthly Fee for 1 Adult 61.55 $ 52.65-92.87
Tennis Court Rent (1 Hour on Weekend) 40.18 $ 26.00-81.25
Cinema, International Release, 1 Seat 12.92 $ 11.38-13.81
Childcare [ Edit ]
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 276.49 $ 210.96-365.65
International Primary School, Yearly for 1 Child 7,516.05 $ 4,875.27-9,750.55
Clothing And Shoes [ Edit ]
1 Pair of Jeans (Levis 501 Or Similar) 115.93 $ 65.00-154.38
1 Summer Dress in a Chain Store (Zara, H&M, ...) 49.04 $ 32.50-77.19
1 Pair of Nike Running Shoes (Mid-Range) 140.10 $ 97.51-170.63
1 Pair of Men Leather Business Shoes 184.96 $ 121.88-276.27
Rent Per Month [ Edit ]
Apartment (1 bedroom) in City Centre 1,650.32 $ 1,300.07-2,031.36
Apartment (1 bedroom) Outside of Centre 1,365.79 $ 1,015.68-1,637.28
Apartment (3 bedrooms) in City Centre 2,559.29 $ 2,031.36-3,412.69
Apartment (3 bedrooms) Outside of Centre 2,131.58 $ 1,787.60-2,600.15
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 463.30 $ 377.44-603.90
Price per Square Feet to Buy Apartment Outside of Centre 350.22 $ 286.85-452.92
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 3,293.89 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.39 0.04-0.06

Prices in Reykjavik

These data are based on 2103 entries in the past 18 months from 257 different contributors.
Last update: November 2019
Sources and References: Info
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DeutschLebenshaltungskosten in Reykjavik
PortuguêsCusto de Vida em Reykjavík
ItalianoCosto della Vita a Reykjavik
FrançaisCoût de la Vie à Reykjavik
EspañolCosto de Vida en Reikiavik

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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!