Price Rankings for Reykjavik, Iceland

For more details about the prices shown on this page, please visit Cost of Living in Reykjavik.

World Ranking

2nd Most Expensive Gasoline (1 liter) (Transportation) out of 331 Cities in the World.
2nd Most Expensive Meal for 2 People, Mid-range Restaurant, Three-course (Restaurants) out of 331 Cities in the World.
2nd Most Expensive 1 Pair of Nike Running Shoes (Mid-Range) (Clothing And Shoes) out of 328 Cities in the World.

Europe Ranking

4th Cheapest Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment (Utilities (Monthly)) out of 138 Cities in Europe
18th Cheapest Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child (Childcare) out of 98 Cities in Europe
1st Most Expensive Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) (Utilities (Monthly)) out of 139 Cities in Europe
1st Most Expensive Gasoline (1 liter) (Transportation) out of 139 Cities in Europe
1st Most Expensive Domestic Beer (0.5 liter draught) (Restaurants) out of 139 Cities in Europe

Northern Europe Ranking

2nd Cheapest Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment (Utilities (Monthly)) out of 28 Cities in Northern Europe
1st Most Expensive Beef Round (1kg) (or Equivalent Back Leg Red Meat) (Markets) out of 28 Cities in Northern Europe
1st Most Expensive Potato (1kg) (Markets) out of 28 Cities in Northern Europe
1st Most Expensive 1 Pair of Nike Running Shoes (Mid-Range) (Clothing And Shoes) out of 28 Cities in Northern Europe

RestaurantsValue World
Position
World
Ranking
Europe
Ranking
Northern Europe
Ranking
Meal, Inexpensive Restaurant 3,350.00 kr Very High 10th/331 9th/138 2nd/28
Meal for 2 People, Mid-range Restaurant, Three-course 19,000.00 kr Very High 2nd/331 2nd/138 1st/28
McMeal at McDonalds (or Equivalent Combo Meal) 2,700.00 kr Very High 1st/313 1st/126 1st/27
Domestic Beer (1 pint draught) 1,600.00 kr Very High 3rd/318 1st/139 1st/28
Imported Beer (12 oz small bottle) 1,350.00 kr Very High 7th/294 2nd/129 2nd/27
Cappuccino (regular) 759.14 kr Very High 14th/332 6th/139 3rd/28
Coke/Pepsi (12 oz small bottle) 409.61 kr Very High 46th/332 41st/139 6th/28
Water (12 oz small bottle) 320.59 kr Very High 54th/332 48th/139 10th/28
MarketsValue World
Position
World
Ranking
Europe
Ranking
Northern Europe
Ranking
Milk (regular), (1 gallon) 880.45 kr Very High 66th/332 19th/139 8th/28
Loaf of Fresh White Bread (1 lb) 481.56 kr Very High 20th/331 2nd/139 2nd/28
Rice (white), (1 lb) 202.66 kr Very High 57th/332 13th/139 4th/28
Eggs (regular) (12) 800.74 kr Very High 12th/332 6th/139 1st/28
Local Cheese (1 lb) 1,026.38 kr Very High 21st/332 13th/139 1st/28
Chicken Fillets (1 lb) 1,340.13 kr Very High 6th/332 6th/139 1st/28
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 2,422.90 kr Very High 6th/331 6th/139 1st/28
Apples (1 lb) 181.34 kr High 128th/332 42th/139 18th/28
Banana (1 lb) 139.78 kr Very High 55th/332 31st/139 11st/28
Oranges (1 lb) 170.46 kr High 98th/332 25th/139 16th/28
Tomato (1 lb) 267.58 kr High 68th/329 33th/136 11st/26
Potato (1 lb) 205.05 kr Very High 18th/331 1st/138 1st/28
Onion (1 lb) 138.57 kr High 67th/331 9th/138 4th/28
Lettuce (1 head) 389.40 kr Very High 7th/327 2nd/136 2nd/28
Water (1.5 liter bottle) 240.38 kr Very High 52th/331 9th/139 9th/28
Bottle of Wine (Mid-Range) 3,000.00 kr Very High 3rd/315 1st/138 1st/27
Domestic Beer (0.5 liter bottle) 458.57 kr Very High 19th/315 5th/137 4th/27
Imported Beer (12 oz small bottle) 408.91 kr High 89th/312 17th/136 13th/27
Cigarettes 20 Pack (Marlboro) 1,700.00 kr Very High 49th/263 24th/120 15th/23
TransportationValue World
Position
World
Ranking
Europe
Ranking
Northern Europe
Ranking
One-way Ticket (Local Transport) 650.00 kr Very High 1st/299 1st/131 1st/27
Monthly Pass (Regular Price) 10,800.00 kr Very High 41st/225 18th/111 12th/25
Taxi Start (Normal Tariff) 790.00 kr Very High 12th/206 10th/80 5th/15
Taxi 1 mile (Normal Tariff) 521.43 kr Very High 16th/165 12th/61 3rd/8
Taxi 1hour Waiting (Normal Tariff) 10,710.00 kr
Gasoline (1 gallon) 1,176.25 kr Very High 2nd/331 1st/139 1st/28
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 5,890,000.00 kr
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 6,500,000.00 kr Very High 5th/271 2nd/95 2nd/23
Utilities (Monthly)Value World
Position
World
Ranking
Europe
Ranking
Northern Europe
Ranking
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 10,938.25 kr Low 247th/328 135th/138 27th/28
Mobile Phone Monthly Plan with Calls and 10GB+ Data 3,412.61 kr High 117th/332 33th/139 9th/28
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 10,618.75 kr Very High 10th/332 1st/139 1st/28
Sports And LeisureValue World
Position
World
Ranking
Europe
Ranking
Northern Europe
Ranking
Fitness Club, Monthly Fee for 1 Adult 10,259.47 kr Very High 16th/326 3rd/136 1st/28
Tennis Court Rent (1 Hour on Weekend) 4,666.67 kr Very High 21st/232 8th/90 3rd/19
Cinema, International Release, 1 Seat 2,190.00 kr Very High 21st/300 16th/120 12th/25
ChildcareValue World
Position
World
Ranking
Europe
Ranking
Northern Europe
Ranking
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 39,962.88 kr Low 180th/266 81st/98 15th/21
International Primary School, Yearly for 1 Child 3,744,295.00 kr
Clothing And ShoesValue World
Position
World
Ranking
Europe
Ranking
Northern Europe
Ranking
1 Pair of Jeans (Levis 501 Or Similar) 17,291.54 kr Very High 3rd/325 3rd/136 1st/28
1 Summer Dress in a Chain Store (Zara, H&M, ...) 7,665.83 kr Very High 21st/305 9th/122 2nd/27
1 Pair of Nike Running Shoes (Mid-Range) 22,706.79 kr Very High 2nd/328 2nd/137 1st/28
1 Pair of Men Leather Business Shoes 33,089.09 kr Very High 1st/313 1st/127 1st/27
Rent Per MonthValue World
Position
World
Ranking
Europe
Ranking
Northern Europe
Ranking
Apartment (1 bedroom) in City Centre 275,476.19 kr Very High 22th/331 6th/138 3rd/28
Apartment (1 bedroom) Outside of Centre 252,500.00 kr Very High 14th/330 5th/138 2nd/28
Apartment (3 bedrooms) in City Centre 395,541.67 kr Very High 47th/327 15th/135 5th/28
Apartment (3 bedrooms) Outside of Centre 341,272.73 kr Very High 30th/331 9th/138 3rd/28
Buy Apartment PriceValue World
Position
World
Ranking
Europe
Ranking
Northern Europe
Ranking
Price per Square Feet to Buy Apartment in City Centre 88,179.73 kr Very High 55th/286 28th/121 8th/23
Price per Square Feet to Buy Apartment Outside of Centre 74,343.01 kr Very High 33th/277 14th/117 5th/23
Salaries And FinancingValue World
Position
World
Ranking
Europe
Ranking
Northern Europe
Ranking
Average Monthly Net Salary (After Tax) 540,874.23 kr Very High 42th/332 13th/139 3rd/28
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.70 High 64th/315 10th/135 1st/27
For more details about the prices shown 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