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

5^th Most Expensive Gasoline (1 liter) (Transportation) out of 585 Cities in the World.
15^th Most Expensive Meal for 2 People, Mid-range Restaurant, Three-course (Restaurants) out of 590 Cities in the World.
8^th Most Expensive Chicken Fillets (1kg) (Markets) out of 579 Cities in the World.

Europe Ranking

15^th Cheapest Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment (Utilities (Monthly)) out of 246 Cities in Europe
35^th Cheapest 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) (Utilities (Monthly)) out of 150 Cities in Europe
46^th Cheapest Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child (Childcare) out of 175 Cities in Europe

1^st Most Expensive Bottle of Wine (Mid-Range) (Markets) out of 254 Cities in Europe
2^nd Most Expensive Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) (Utilities (Monthly)) out of 253 Cities in Europe
4^th Most Expensive Gasoline (1 liter) (Transportation) out of 254 Cities in Europe

Northern Europe Ranking

2^nd Cheapest Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment (Utilities (Monthly)) out of 64 Cities in Northern Europe
3^rd Cheapest 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) (Utilities (Monthly)) out of 25 Cities in Northern Europe
7^th Cheapest Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child (Childcare) out of 42 Cities in Northern Europe

1^st Most Expensive Chicken Fillets (1kg) (Markets) out of 65 Cities in Northern Europe
1^st Most Expensive Bottle of Wine (Mid-Range) (Markets) out of 65 Cities in Northern Europe
1^st Most Expensive Eggs (regular) (12) (Markets) out of 65 Cities in Northern Europe

Restaurants	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Meal, Inexpensive Restaurant	2,500.00 kr	Very High	84^th/591	42^th/254	27^th/65
Meal for 2 People, Mid-range Restaurant, Three-course	15,000.00 kr	Very High	15^th/590	10^th/254	5^th/65
McMeal at McDonalds (or Equivalent Combo Meal)	2,049.50 kr	Very High	10^th/498	7^th/209	1^st/56
Domestic Beer (1 pint draught)	1,300.00 kr	Very High	10^th/566	6^th/247	6^th/60
Imported Beer (12 oz small bottle)	1,100.00 kr	Very High	23^th/556	9^th/249	8^th/64
Cappuccino (regular)	619.48 kr	Very High	86^th/593	14^th/254	8^th/65
Coke/Pepsi (12 oz small bottle)	348.66 kr	Very High	100^th/595	76^th/253	16^th/65
Water (12 oz small bottle)	277.98 kr	Very High	94^th/590	62^th/251	13^th/65
Markets	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Milk (regular), (1 gallon)	803.45 kr	High	145^th/595	29^th/254	11^st/65
Loaf of Fresh White Bread (1 lb)	416.40 kr	Very High	39^th/594	6^th/253	3^rd/65
Rice (white), (1 lb)	196.35 kr	Very High	95^th/587	7^th/246	3^rd/62
Eggs (regular) (12)	757.73 kr	Very High	11^st/576	7^th/254	1^st/65
Local Cheese (1 lb)	893.18 kr	Very High	66^th/574	36^th/247	2^nd/65
Chicken Fillets (1 lb)	1,101.65 kr	Very High	8^th/579	7^th/253	1^st/65
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	1,661.06 kr	Very High	20^th/552	17^th/235	4^th/61
Apples (1 lb)	205.00 kr	High	138^th/587	12^th/248	5^th/62
Banana (1 lb)	126.79 kr	Very High	98^th/592	41^st/252	14^th/63
Oranges (1 lb)	159.98 kr	High	179^th/577	45^th/242	26^th/59
Tomato (1 lb)	292.35 kr	Very High	49^th/569	3^rd/234	1^st/53
Potato (1 lb)	165.11 kr	Very High	69^th/585	4^th/249	2^nd/65
Onion (1 lb)	84.62 kr	Moderate	236^th/579	74^th/243	25^th/59
Lettuce (1 head)	370.00 kr	Very High	19^th/533	2^nd/239	1^st/63
Water (1.5 liter bottle)	269.54 kr	Very High	59^th/588	5^th/250	5^th/61
Bottle of Wine (Mid-Range)	2,500.00 kr	Very High	13^th/563	1^st/254	1^st/65
Domestic Beer (0.5 liter bottle)	411.57 kr	Very High	40^th/534	8^th/249	8^th/62
Imported Beer (12 oz small bottle)	350.95 kr	High	179^th/494	38^th/232	27^th/56
Cigarettes 20 Pack (Marlboro)	1,600.00 kr	Very High	71^st/529	38^th/229	38^th/57
Transportation	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
One-way Ticket (Local Transport)	550.00 kr	Very High	9^th/561	9^th/245	3^rd/64
Monthly Pass (Regular Price)	9,000.00 kr	High	128^th/445	69^th/215	35^th/54
Taxi Start (Normal Tariff)	730.00 kr	Very High	48^th/482	44^th/207	21^st/61
Taxi 1 mile (Normal Tariff)	666.27 kr	Very High	12^th/402	7^th/178	2^nd/56
Taxi 1hour Waiting (Normal Tariff)	8,667.00 kr	Very High	6^th/321	6^th/159	3^rd/50
Gasoline (1 gallon)	1,209.84 kr	Very High	5^th/585	4^th/254	4^th/65
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	5,050,000.00 kr	Very High	17^th/211	4^th/77	2^nd/14
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	5,752,416.67 kr	Very High	10^th/430	3^rd/139	2^nd/30
Utilities (Monthly)	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	12,717.62 kr	Low	400^th/581	232^th/246	63^th/64
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)	8.25 kr	Low	249^th/368	116^th/150	23^th/25
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	8,932.72 kr	Very High	89^th/592	2^nd/253	2^nd/64
Sports And Leisure	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Fitness Club, Monthly Fee for 1 Adult	8,997.41 kr	Very High	47^th/581	9^th/248	2^nd/65
Tennis Court Rent (1 Hour on Weekend)	6,183.33 kr	Very High	4^th/373	1^st/165	1^st/40
Cinema, International Release, 1 Seat	1,825.00 kr	Very High	91^st/577	47^th/250	26^th/65
Childcare	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	38,650.00 kr	Moderate	248^th/430	130^th/175	36^th/42
International Primary School, Yearly for 1 Child	831,666.67 kr
Clothing And Shoes	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
1 Pair of Jeans (Levis 501 Or Similar)	14,735.68 kr	Very High	13^th/569	12^th/240	3^rd/61
1 Summer Dress in a Chain Store (Zara, H&M, ...)	5,885.71 kr	High	144^th/562	52^th/237	16^th/62
1 Pair of Nike Running Shoes (Mid-Range)	18,309.00 kr	Very High	12^th/577	4^th/245	1^st/63
1 Pair of Men Leather Business Shoes	24,430.94 kr	Very High	6^th/553	6^th/238	3^rd/61
Rent Per Month	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Apartment (1 bedroom) in City Centre	217,735.44 kr	Very High	65^th/579	12^th/246	5^th/63
Apartment (1 bedroom) Outside of Centre	188,973.93 kr	Very High	51^st/574	9^th/241	4^th/63
Apartment (3 bedrooms) in City Centre	321,758.62 kr	High	116^th/560	27^th/228	11^st/56
Apartment (3 bedrooms) Outside of Centre	267,241.38 kr	Very High	87^th/569	17^th/239	8^th/59
Buy Apartment Price	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Price per Square Feet to Buy Apartment in City Centre	78,021.01 kr	High	91^st/423	42^th/178	12^th/37
Price per Square Feet to Buy Apartment Outside of Centre	56,649.45 kr	Very High	72^th/397	35^th/171	11^st/36
Salaries And Financing	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Average Monthly Net Salary (After Tax)	503,127.73 kr	Very High	82^th/572	17^th/246	5^th/61
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	6.11	High	197^th/518	43^th/215	1^st/55

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.

Cost of Living Tools for Reykjavik: Basket Analysis | Cost of living Estimator | Historical Data | Price Rankings

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