Cost of Living in Reykjavik

Summary about cost of living in Reykjavik, Iceland:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 18.89 $ 14.35-30.22
Meal for 2 People, Mid-range Restaurant, Three-course 105.77 $ 75.55-200.21
McMeal at McDonalds (or Equivalent Combo Meal) 15.11 $ 12.84-18.89
Domestic Beer (1 pint draught) 9.07 $ 6.95-11.33
Imported Beer (12 oz small bottle) 8.31 $ 7.56-11.33
Cappuccino (regular) 4.68 $ 3.40-6.80
Coke/Pepsi (12 oz small bottle) 2.55 $ 1.50-3.40
Water (12 oz small bottle) 2.09 $ 1.50-3.48
Markets
Edit
Milk (regular), (1 gallon) 5.86 $ 4.86-7.01
Loaf of Fresh White Bread (1 lb) 2.97 $ 1.78-4.97
Rice (white), (1 lb) 1.56 $ 0.86-3.15
Eggs (regular) (12) 5.68 $ 4.45-9.07
Local Cheese (1 lb) 6.49 $ 3.35-8.91
Chicken Fillets (1 lb) 7.94 $ 6.17-9.62
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 11.50 $ 6.85-16.10
Apples (1 lb) 1.55 $ 0.89-2.74
Banana (1 lb) 1.01 $ 0.84-1.30
Oranges (1 lb) 1.08 $ 0.92-1.71
Tomato (1 lb) 2.09 $ 0.99-2.88
Potato (1 lb) 1.21 $ 0.69-1.61
Onion (1 lb) 0.65 $ 0.34-1.37
Lettuce (1 head) 2.74 $ 1.88-4.53
Water (1.5 liter bottle) 2.11 $ 0.82-3.97
Bottle of Wine (Mid-Range) 21.15 $ 14.90-30.22
Domestic Beer (0.5 liter bottle) 3.18 $ 2.61-4.16
Imported Beer (12 oz small bottle) 2.83 $ 2.27-3.62
Cigarettes 20 Pack (Marlboro) 12.28 $ 10.95-13.60
Transportation
Edit
One-way Ticket (Local Transport) 3.70 $ 3.70-3.78
Monthly Pass (Regular Price) 60.44 $ 60.44-100.48
Taxi Start (Normal Tariff) 5.63 $ 5.29-6.04
Taxi 1 mile (Normal Tariff) 4.27 $ 2.94-6.08
Taxi 1hour Waiting (Normal Tariff) 59.84 $ 45.33-67.95
Gasoline (1 gallon) 7.78 $ 6.36-9.07
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,998.19 $ 30,145.06-41,477.79
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 41,341.80 $ 33,998.19-45,330.92
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 100.72 $ 45.33-178.22
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.13 $ 0.04-0.27
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 71.23 $ 45.33-98.22
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 74.81 $ 57.80-109.55
Tennis Court Rent (1 Hour on Weekend) 35.41 $ 18.89-57.42
Cinema, International Release, 1 Seat 13.60 $ 12.47-21.15
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 366.96 $ 271.99-528.86
International Primary School, Yearly for 1 Child 6,988.52 $ 4,533.09-9,443.94
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 114.19 $ 60.44-151.10
1 Summer Dress in a Chain Store (Zara, H&M, ...) 46.59 $ 22.67-64.22
1 Pair of Nike Running Shoes (Mid-Range) 146.38 $ 98.22-188.88
1 Pair of Men Leather Business Shoes 204.30 $ 113.33-264.43
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 1,557.69 $ 1,359.93-1,903.90
Apartment (1 bedroom) Outside of Centre 1,302.60 $ 1,057.72-1,662.13
Apartment (3 bedrooms) in City Centre 2,281.07 $ 1,888.79-4,125.11
Apartment (3 bedrooms) Outside of Centre 1,876.20 $ 1,586.58-2,266.55
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 614.69 $ 491.32-701.89
Price per Square Feet to Buy Apartment Outside of Centre 453.44 $ 350.95-631.70
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 3,693.74 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.17 3.20-6.50

Prices in Reykjavik

This city had 1046 entries in the past 12 months by 121 different contributors.
Last update: June 2022
Sign up for our newsletter:
Your Email Address:
  
  
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

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