Cost of Living in Reykjavik

Summary about cost of living in Reykjavik, Iceland:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 19.82 $ 14.42-27.75
Meal for 2 People, Mid-range Restaurant, Three-course 122.80 $ 87.20-174.41
McMeal at McDonalds (or Equivalent Combo Meal) 14.07 $ 11.89-15.86
Domestic Beer (1 pint draught) 9.51 $ 7.13-11.89
Imported Beer (12 oz small bottle) 9.51 $ 7.93-11.89
Cappuccino (regular) 4.67 $ 3.17-6.34
Coke/Pepsi (12 oz small bottle) 2.77 $ 1.98-4.36
Water (12 oz small bottle) 2.16 $ 1.59-2.77
Markets
Edit
Milk (regular), (1 gallon) 5.37 $ 4.50-7.50
Loaf of Fresh White Bread (1 lb) 3.43 $ 2.33-5.75
Rice (white), (1 lb) 1.27 $ 0.72-2.05
Eggs (regular) (12) 5.56 $ 4.36-6.34
Local Cheese (1 lb) 5.70 $ 3.60-7.81
Chicken Fillets (1 lb) 6.96 $ 4.67-8.99
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 12.50 $ 8.99-17.98
Apples (1 lb) 1.10 $ 0.58-1.80
Banana (1 lb) 0.92 $ 0.76-1.44
Oranges (1 lb) 0.99 $ 0.86-2.52
Tomato (1 lb) 2.14 $ 1.37-2.88
Potato (1 lb) 1.18 $ 0.54-1.43
Onion (1 lb) 0.81 $ 0.43-1.26
Lettuce (1 head) 2.55 $ 1.90-3.16
Water (1.5 liter bottle) 2.09 $ 1.19-3.00
Bottle of Wine (Mid-Range) 20.22 $ 15.06-31.71
Domestic Beer (0.5 liter bottle) 3.47 $ 2.38-4.76
Imported Beer (12 oz small bottle) 3.18 $ 2.38-3.96
Cigarettes 20 Pack (Marlboro) 11.73 $ 11.02-13.40
Transportation
Edit
One-way Ticket (Local Transport) 3.81 $ 3.73-3.88
Monthly Pass (Regular Price) 102.27 $ 99.10-103.85
Taxi Start (Normal Tariff) 5.47 $ 5.47-7.13
Taxi 1 mile (Normal Tariff) 4.47 $ 3.09-5.10
Taxi 1hour Waiting (Normal Tariff) 62.79 $ 62.79-62.79
Gasoline (1 gallon) 6.80 $ 6.00-7.50
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 30,045.98 $ 28,143.33-32,662.12
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 34,042.26 $ 32,503.57-36,229.59
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 102.59 $ 47.57-192.53
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.16 $ 0.04-0.16
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 67.21 $ 47.57-95.13
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 57.02 $ 47.57-79.28
Tennis Court Rent (1 Hour on Weekend) 35.06 $ 23.78-69.76
Cinema, International Release, 1 Seat 13.08 $ 11.89-15.86
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 288.79 $ 211.00-356.75
International Primary School, Yearly for 1 Child 6,817.82 $ 4,756.62-15,855.40
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 113.88 $ 63.42-150.63
1 Summer Dress in a Chain Store (Zara, H&M, ...) 47.77 $ 27.75-87.20
1 Pair of Nike Running Shoes (Mid-Range) 141.11 $ 95.13-198.19
1 Pair of Men Leather Business Shoes 184.46 $ 118.92-317.11
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 1,596.87 $ 1,189.15-1,981.92
Apartment (1 bedroom) Outside of Centre 1,366.74 $ 1,030.60-1,597.43
Apartment (3 bedrooms) in City Centre 2,535.03 $ 2,061.20-3,567.46
Apartment (3 bedrooms) Outside of Centre 2,175.64 $ 1,823.37-2,774.69
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 444.08 $ 382.98-589.20
Price per Square Feet to Buy Apartment Outside of Centre 341.06 $ 292.68-441.90
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 3,120.10 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.93 3.90-7.50

Prices in Reykjavik

This city had 609 entries in the past 12 months by 75 different contributors.
Last update: February 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