Price Rankings for Reykjavik, Iceland

Use this tool to calculate allowance or adjustment if relocating to Reykjavik, Iceland. To get more information about prices displayed on this page please visit Cost of Living in Reykjavik.

World Ranking

3rd Most Expensive 1 Pair of Men Leather Business Shoes (Clothing And Shoes) out of 522 Cities in the World.
10th Most Expensive 1 Pair of Nike Running Shoes (Mid-Range) (Clothing And Shoes) out of 525 Cities in the World.
7th Most Expensive 1 Pair of Jeans (Levis 501 Or Similar) (Clothing And Shoes) out of 522 Cities in the World.

Europe Ranking

27th Cheapest Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment (Utilities (Monthly)) out of 217 Cities in Europe
1st Most Expensive Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) (Utilities (Monthly)) out of 225 Cities in Europe
1st Most Expensive Bottle of Wine (Mid-Range) (Markets) out of 225 Cities in Europe
3rd Most Expensive Gasoline (1 liter) (Transportation) out of 226 Cities in Europe

Northern Europe Ranking

1st Most Expensive 1 Pair of Nike Running Shoes (Mid-Range) (Clothing And Shoes) out of 62 Cities in Northern Europe
1st Most Expensive 1 Pair of Jeans (Levis 501 Or Similar) (Clothing And Shoes) out of 62 Cities in Northern Europe
1st Most Expensive Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) (Utilities (Monthly)) out of 62 Cities in Northern Europe

RestaurantsValue World
Position
World
Ranking
Europe
Ranking
Northern Europe
Ranking
Meal, Inexpensive Restaurant 2,500.00 kr Very High 61st/528 27th/226 15th/62
Meal for 2 People, Mid-range Restaurant, Three-course 15,000.00 kr Very High 9th/506 7th/217 2nd/61
McMeal at McDonalds (or Equivalent Combo Meal) 2,000.00 kr Very High 10th/459 6th/192 1st/55
Domestic Beer (1 pint draught) 1,200.00 kr Very High 13th/495 5th/213 5th/53
Imported Beer (12 oz small bottle) 1,125.00 kr Very High 19th/501 6th/222 5th/61
Cappuccino (regular) 631.28 kr Very High 70th/528 14th/224 8th/62
Coke/Pepsi (12 oz small bottle) 333.88 kr Very High 92th/532 65th/224 14th/62
Water (12 oz small bottle) 280.88 kr Very High 74th/530 53th/223 12th/62
MarketsValue World
Position
World
Ranking
Europe
Ranking
Northern Europe
Ranking
Milk (regular), (1 gallon) 769.89 kr High 117th/532 16th/226 10th/62
Loaf of Fresh White Bread (1 lb) 420.92 kr Very High 25th/526 2nd/219 1st/62
Rice (white), (1 lb) 200.82 kr Very High 81st/523 5th/215 3rd/58
Eggs (regular) (12) 777.18 kr Very High 6th/484 6th/223 1st/62
Local Cheese (1 lb) 884.25 kr Very High 53th/513 23th/219 1st/61
Chicken Fillets (1 lb) 1,073.77 kr Very High 8th/490 7th/225 1st/61
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 1,494.00 kr Very High 25th/477 21st/203 6th/58
Apples (1 lb) 197.12 kr High 137th/525 11st/222 5th/60
Banana (1 lb) 129.86 kr Very High 68th/527 25th/222 17th/58
Oranges (1 lb) 144.94 kr High 189th/515 51st/216 27th/53
Tomato (1 lb) 277.88 kr Very High 52th/503 3rd/201 1st/47
Potato (1 lb) 156.41 kr Very High 71st/521 5th/217 1st/61
Onion (1 lb) 84.23 kr High 205th/521 56th/218 24th/59
Lettuce (1 head) 345.77 kr Very High 23th/500 4th/205 3rd/57
Water (1.5 liter bottle) 260.67 kr Very High 66th/526 5th/222 5th/59
Bottle of Wine (Mid-Range) 2,800.00 kr Very High 5th/502 1st/225 1st/62
Domestic Beer (0.5 liter bottle) 429.29 kr Very High 49th/470 8th/222 7th/59
Imported Beer (12 oz small bottle) 361.19 kr High 166th/465 30th/207 24th/53
Cigarettes 20 Pack (Marlboro) 1,625.00 kr Very High 66th/473 37th/208 37th/56
TransportationValue World
Position
World
Ranking
Europe
Ranking
Northern Europe
Ranking
One-way Ticket (Local Transport) 490.00 kr Very High 23th/496 21st/222 13th/62
Monthly Pass (Regular Price) 8,000.00 kr High 160th/420 83th/208 46th/59
Taxi Start (Normal Tariff) 730.00 kr Very High 38th/463 33th/203 18th/60
Taxi 1 mile (Normal Tariff) 564.88 kr Very High 19th/419 11st/187 3rd/58
Taxi 1hour Waiting (Normal Tariff) 7,920.00 kr Very High 11st/334 10th/171 5th/55
Gasoline (1 gallon) 1,192.69 kr Very High 4th/515 3rd/226 3rd/62
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 4,695,000.00 kr Very High 20th/231 4th/86 3rd/18
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 5,434,166.67 kr Very High 17th/400 6th/137 2nd/36
Utilities (Monthly)Value World
Position
World
Ranking
Europe
Ranking
Northern Europe
Ranking
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 14,340.68 kr Low 338th/521 191st/217 54th/62
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 17.32 kr Moderate 150th/360 64th/150 15th/28
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 9,070.64 kr Very High 76th/526 1st/225 1st/62
Sports And LeisureValue World
Position
World
Ranking
Europe
Ranking
Northern Europe
Ranking
Fitness Club, Monthly Fee for 1 Adult 9,457.40 kr Very High 42th/515 9th/216 2nd/62
Tennis Court Rent (1 Hour on Weekend) 4,687.50 kr Very High 17th/354 9th/172 5th/48
Cinema, International Release, 1 Seat 1,800.00 kr Very High 74th/522 35th/224 23th/62
ChildcareValue World
Position
World
Ranking
Europe
Ranking
Northern Europe
Ranking
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 46,125.00 kr Moderate 208th/408 104th/170 34th/44
International Primary School, Yearly for 1 Child 925,000.00 kr Moderate 172th/321 70th/112 16th/21
Clothing And ShoesValue World
Position
World
Ranking
Europe
Ranking
Northern Europe
Ranking
1 Pair of Jeans (Levis 501 Or Similar) 14,780.62 kr Very High 7th/522 6th/222 1st/62
1 Summer Dress in a Chain Store (Zara, H&M, ...) 5,833.33 kr Very High 102th/515 30th/218 9th/62
1 Pair of Nike Running Shoes (Mid-Range) 17,992.00 kr Very High 10th/525 5th/224 1st/62
1 Pair of Men Leather Business Shoes 26,115.38 kr Very High 3rd/522 3rd/222 1st/61
Rent Per MonthValue World
Position
World
Ranking
Europe
Ranking
Northern Europe
Ranking
Apartment (1 bedroom) in City Centre 206,590.91 kr Very High 67th/483 14th/197 6th/55
Apartment (1 bedroom) Outside of Centre 171,952.38 kr Very High 54th/503 10th/206 4th/62
Apartment (3 bedrooms) in City Centre 296,052.63 kr High 96th/445 26th/173 9th/40
Apartment (3 bedrooms) Outside of Centre 250,000.00 kr Very High 83th/459 18th/182 9th/49
Buy Apartment PriceValue World
Position
World
Ranking
Europe
Ranking
Northern Europe
Ranking
Price per Square Feet to Buy Apartment in City Centre 80,273.36 kr High 76th/375 28th/139 9th/31
Price per Square Feet to Buy Apartment Outside of Centre 57,090.00 kr Very High 63th/352 30th/144 10th/31
Salaries And FinancingValue World
Position
World
Ranking
Europe
Ranking
Northern Europe
Ranking
Average Monthly Net Salary (After Tax) 473,807.43 kr High 101st/493 14th/205 5th/51
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.21 Moderate 210th/460 36th/189 1st/54
Use this tool to calculate allowance or adjustment if relocating to Reykjavik, Iceland. To get more information about prices displayed on this page please visit Cost of Living in Reykjavik.
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