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

2^nd Most Expensive Gasoline (1 liter) (Transportation) out of 343 Cities in the World.
3^rd Most Expensive 1 Pair of Nike Running Shoes (Mid-Range) (Clothing And Shoes) out of 340 Cities in the World.
6^th Most Expensive Chicken Fillets (1kg) (Markets) out of 343 Cities in the World.

Europe Ranking

7^th Cheapest Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment (Utilities (Monthly)) out of 144 Cities in Europe
21^st Cheapest Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child (Childcare) out of 109 Cities in Europe

1^st Most Expensive Lettuce (1 head) (Markets) out of 148 Cities in Europe
1^st Most Expensive Gasoline (1 liter) (Transportation) out of 148 Cities in Europe
1^st Most Expensive Potato (1kg) (Markets) out of 147 Cities in Europe

Northern Europe Ranking

1^st Cheapest Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment (Utilities (Monthly)) out of 27 Cities in Northern Europe
5^th Cheapest Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child (Childcare) out of 23 Cities in Northern Europe

1^st Most Expensive Beef Round (1kg) (or Equivalent Back Leg Red Meat) (Markets) out of 27 Cities in Northern Europe
1^st Most Expensive Lettuce (1 head) (Markets) out of 27 Cities in Northern Europe
1^st Most Expensive Potato (1kg) (Markets) out of 27 Cities in Northern Europe

Restaurants	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Meal, Inexpensive Restaurant	3,000.00 kr	Very High	27^th/343	12^th/148	6^th/27
Meal for 2 People, Mid-range Restaurant, Three-course	18,000.00 kr	Very High	4^th/339	4^th/144	1^st/27
McMeal at McDonalds (or Equivalent Combo Meal)	2,400.00 kr	Very High	2^nd/317	2^nd/131	1^st/27
Domestic Beer (1 pint draught)	1,500.00 kr	Very High	2^nd/323	1^st/142	1^st/27
Imported Beer (12 oz small bottle)	1,400.00 kr	Very High	8^th/311	2^nd/139	2^nd/27
Cappuccino (regular)	722.96 kr	Very High	33^th/342	8^th/147	3^rd/27
Coke/Pepsi (12 oz small bottle)	430.18 kr	Very High	29^th/343	26^th/148	6^th/27
Water (12 oz small bottle)	298.35 kr	High	76^th/343	48^th/148	9^th/27
Markets	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Milk (regular), (1 gallon)	876.61 kr	High	79^th/343	22^th/148	8^th/27
Loaf of Fresh White Bread (1 lb)	452.95 kr	Very High	33^th/342	6^th/147	2^nd/27
Rice (white), (1 lb)	190.32 kr	High	69^th/342	23^th/147	5^th/27
Eggs (regular) (12)	811.98 kr	Very High	10^th/343	6^th/148	1^st/27
Local Cheese (1 lb)	976.85 kr	Very High	38^th/343	17^th/148	1^st/27
Chicken Fillets (1 lb)	1,278.45 kr	Very High	6^th/343	6^th/148	1^st/27
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	2,144.75 kr	Very High	7^th/341	6^th/147	1^st/27
Apples (1 lb)	181.46 kr	High	117^th/343	30^th/148	14^th/27
Banana (1 lb)	135.44 kr	Very High	63^th/343	34^th/148	9^th/27
Oranges (1 lb)	169.45 kr	High	99^th/342	30^th/148	15^th/27
Tomato (1 lb)	313.54 kr	Very High	33^th/339	10^th/144	4^th/25
Potato (1 lb)	190.84 kr	Very High	26^th/341	1^st/147	1^st/27
Onion (1 lb)	130.73 kr	High	78^th/339	13^th/146	4^th/27
Lettuce (1 head)	396.36 kr	Very High	7^th/338	1^st/148	1^st/27
Water (1.5 liter bottle)	263.00 kr	Very High	41^st/343	5^th/148	5^th/27
Bottle of Wine (Mid-Range)	2,918.50 kr	Very High	7^th/326	1^st/147	1^st/27
Domestic Beer (0.5 liter bottle)	436.05 kr	Very High	20^th/327	5^th/147	5^th/27
Imported Beer (12 oz small bottle)	345.06 kr	Moderate	141^st/321	32^th/144	15^th/25
Cigarettes 20 Pack (Marlboro)	1,654.50 kr	Very High	40^th/299	14^th/138	12^th/23
Transportation	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
One-way Ticket (Local Transport)	585.00 kr	Very High	6^th/317	6^th/143	1^st/27
Monthly Pass (Regular Price)	10,400.00 kr	High	53^th/214	24^th/115	16^th/24
Taxi Start (Normal Tariff)	730.00 kr	Very High	26^th/230	23^th/96	10^th/17
Taxi 1 mile (Normal Tariff)	521.43 kr	Very High	20^th/183	14^th/77	2^nd/16
Taxi 1hour Waiting (Normal Tariff)	10,260.00 kr	Very High	2^nd/125	2^nd/58	1^st/12
Gasoline (1 gallon)	1,187.92 kr	Very High	2^nd/343	1^st/148	1^st/27
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	5,790,000.00 kr	Very High	10^th/156	2^nd/70	2^nd/14
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	6,064,333.33 kr	Very High	10^th/268	3^rd/98	3^rd/19
Utilities (Monthly)	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	11,604.71 kr	Low	243^th/338	138^th/144	27^th/27
Mobile Phone Monthly Plan with Calls and 10GB+ Data	3,277.06 kr	High	136^th/342	50^th/147	11^st/27
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	9,371.92 kr	Very High	37^th/343	2^nd/148	2^nd/27
Sports And Leisure	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Fitness Club, Monthly Fee for 1 Adult	8,999.12 kr	Very High	41^st/335	8^th/144	2^nd/27
Tennis Court Rent (1 Hour on Weekend)	4,083.33 kr	Very High	32^th/219	14^th/96	8^th/20
Cinema, International Release, 1 Seat	2,045.00 kr	Very High	43^th/317	19^th/131	9^th/24
Childcare	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	33,662.22 kr	Low	196^th/276	89^th/109	19^th/23
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)	13,983.05 kr	Very High	22^th/336	21^st/142	8^th/27
1 Summer Dress in a Chain Store (Zara, H&M, ...)	6,121.92 kr	High	112^th/320	34^th/135	11^st/26
1 Pair of Nike Running Shoes (Mid-Range)	19,313.64 kr	Very High	3^rd/340	3^rd/146	1^st/27
1 Pair of Men Leather Business Shoes	25,248.12 kr	Very High	7^th/332	7^th/139	2^nd/26
Rent Per Month	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Apartment (1 bedroom) in City Centre	266,586.21 kr	Very High	33^th/340	7^th/146	3^rd/27
Apartment (1 bedroom) Outside of Centre	237,475.12 kr	Very High	24^th/338	6^th/145	3^rd/27
Apartment (3 bedrooms) in City Centre	378,814.81 kr	Very High	60^th/333	17^th/140	8^th/27
Apartment (3 bedrooms) Outside of Centre	336,720.00 kr	Very High	40^th/332	10^th/140	4^th/27
Buy Apartment Price	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Price per Square Feet to Buy Apartment in City Centre	80,426.82 kr	High	80^th/282	36^th/128	12^th/22
Price per Square Feet to Buy Apartment Outside of Centre	63,526.90 kr	High	57^th/275	24^th/122	9^th/22
Salaries And Financing	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Average Monthly Net Salary (After Tax)	518,509.52 kr	Very High	67^th/341	28^th/148	4^th/27
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	8.07	High	100^th/324	23^th/147	1^st/27

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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