Cost of Living Comparison Between Reykjavik and Stockholm 

Indices DifferenceInfo
Cost of Living in Stockholm is 24.1% lower than in Reykjavik (without rent)
Cost of Living Including Rent in Stockholm is 24.3% lower than in Reykjavik
Rent Prices in Stockholm are 24.7% lower than in Reykjavik
Restaurant Prices in Stockholm are 32.7% lower than in Reykjavik
Groceries Prices in Stockholm are 30.5% lower than in Reykjavik
Local Purchasing Power in Stockholm is 18.0% higher than in Reykjavik
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Reykjavik Edit Stockholm Edit Difference
Meal, Inexpensive Restaurant 3,000.00 ISK
(231.21 SEK)
1,946.29 ISK
(150.00 SEK)
     -35.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 17,000.00 ISK
(1,310.18 SEK)
11,548.02 ISK
(890.00 SEK)
     -32.1 %
McMeal at McDonalds (or Equivalent Combo Meal) 2,400.00 ISK
(184.97 SEK)
1,342.94 ISK
(103.50 SEK)
     -44.0 %
Domestic Beer (1 pint draught) 1,500.00 ISK
(115.60 SEK)
973.15 ISK
(75.00 SEK)
     -35.1 %
Imported Beer (12 oz small bottle) 1,250.00 ISK
(96.34 SEK)
908.27 ISK
(70.00 SEK)
     -27.3 %
Cappuccino (regular) 706.90 ISK
(54.48 SEK)
578.96 ISK
(44.62 SEK)
     -18.1 %
Coke/Pepsi (12 oz small bottle) 403.44 ISK
(31.09 SEK)
328.61 ISK
(25.33 SEK)
     -18.5 %
Water (12 oz small bottle) 287.91 ISK
(22.19 SEK)
283.33 ISK
(21.84 SEK)
     -1.6 %
Markets
Reykjavik Edit Stockholm Edit
Milk (regular), (1 gallon) 856.52 ISK
(66.01 SEK)
771.93 ISK
(59.49 SEK)
     -9.9 %
Loaf of Fresh White Bread (1 lb) 464.58 ISK
(35.80 SEK)
346.95 ISK
(26.74 SEK)
     -25.3 %
Rice (white), (1 lb) 207.81 ISK
(16.02 SEK)
230.34 ISK
(17.75 SEK)
     +10.8 %
Eggs (regular) (12) 821.68 ISK
(63.33 SEK)
565.82 ISK
(43.61 SEK)
     -31.1 %
Local Cheese (1 lb) 965.37 ISK
(74.40 SEK)
665.82 ISK
(51.31 SEK)
     -31.0 %
Chicken Fillets (1 lb) 1,233.09 ISK
(95.03 SEK)
735.40 ISK
(56.68 SEK)
     -40.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 1,982.11 ISK
(152.76 SEK)
1,123.08 ISK
(86.55 SEK)
     -43.3 %
Apples (1 lb) 212.21 ISK
(16.36 SEK)
195.80 ISK
(15.09 SEK)
     -7.7 %
Banana (1 lb) 134.63 ISK
(10.38 SEK)
154.39 ISK
(11.90 SEK)
     +14.7 %
Oranges (1 lb) 175.06 ISK
(13.49 SEK)
195.42 ISK
(15.06 SEK)
     +11.6 %
Tomato (1 lb) 309.60 ISK
(23.86 SEK)
280.15 ISK
(21.59 SEK)
     -9.5 %
Potato (1 lb) 196.68 ISK
(15.16 SEK)
97.75 ISK
(7.53 SEK)
     -50.3 %
Onion (1 lb) 140.44 ISK
(10.82 SEK)
114.03 ISK
(8.79 SEK)
     -18.8 %
Lettuce (1 head) 439.56 ISK
(33.88 SEK)
316.49 ISK
(24.39 SEK)
     -28.0 %
Water (1.5 liter bottle) 281.00 ISK
(21.66 SEK)
193.95 ISK
(14.95 SEK)
     -31.0 %
Bottle of Wine (Mid-Range) 2,749.50 ISK
(211.90 SEK)
1,557.04 ISK
(120.00 SEK)
     -43.4 %
Domestic Beer (0.5 liter bottle) 434.15 ISK
(33.46 SEK)
258.03 ISK
(19.89 SEK)
     -40.6 %
Imported Beer (12 oz small bottle) 355.89 ISK
(27.43 SEK)
294.11 ISK
(22.67 SEK)
     -17.4 %
Cigarettes 20 Pack (Marlboro) 1,650.00 ISK
(127.16 SEK)
921.25 ISK
(71.00 SEK)
     -44.2 %
Transportation
Reykjavik Edit Stockholm Edit
One-way Ticket (Local Transport) 570.00 ISK
(43.93 SEK)
544.96 ISK
(42.00 SEK)
     -4.4 %
Monthly Pass (Regular Price) 9,300.00 ISK
(716.75 SEK)
13,234.80 ISK
(1,020.00 SEK)
     +42.3 %
Taxi Start (Normal Tariff) 730.00 ISK
(56.26 SEK)
778.52 ISK
(60.00 SEK)
     +6.6 %
Taxi 1 mile (Normal Tariff) 504.53 ISK
(38.88 SEK)
626.45 ISK
(48.28 SEK)
     +24.2 %
Taxi 1hour Waiting (Normal Tariff) 9,630.00 ISK
(742.18 SEK)
7,331.04 ISK
(565.00 SEK)
     -23.9 %
Gasoline (1 gallon) 1,191.65 ISK
(91.84 SEK)
968.91 ISK
(74.67 SEK)
     -18.7 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 5,790,000.00 ISK
(446,232.51 SEK)
4,009,367.24 ISK
(309,000.00 SEK)
     -30.8 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 6,031,000.00 ISK
(464,806.26 SEK)
4,196,510.97 ISK
(323,423.08 SEK)
     -30.4 %
Utilities (Monthly)
Reykjavik Edit Stockholm Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 11,706.74 ISK
(902.23 SEK)
21,038.67 ISK
(1,621.44 SEK)
     +79.7 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 3,254.67 ISK
(250.84 SEK)
3,534.77 ISK
(272.42 SEK)
     +8.6 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 9,511.27 ISK
(733.03 SEK)
4,083.83 ISK
(314.74 SEK)
     -57.1 %
Sports And Leisure
Reykjavik Edit Stockholm Edit
Fitness Club, Monthly Fee for 1 Adult 9,103.59 ISK
(701.61 SEK)
5,446.65 ISK
(419.77 SEK)
     -40.2 %
Tennis Court Rent (1 Hour on Weekend) 4,014.29 ISK
(309.38 SEK)
4,773.58 ISK
(367.90 SEK)
     +18.9 %
Cinema, International Release, 1 Seat 2,000.00 ISK
(154.14 SEK)
2,004.68 ISK
(154.50 SEK)
     +0.2 %
Childcare
Reykjavik Edit Stockholm Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 33,406.33 ISK
(2,574.61 SEK)
19,158.03 ISK
(1,476.50 SEK)
     -42.7 %
International Primary School, Yearly for 1 Child 831,666.67 ISK
(64,096.15 SEK)
977,485.46 ISK
(75,334.33 SEK)
     +17.5 %
Clothing And Shoes
Reykjavik Edit Stockholm Edit
1 Pair of Jeans (Levis 501 Or Similar) 14,445.76 ISK
(1,113.33 SEK)
10,949.34 ISK
(843.86 SEK)
     -24.2 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 6,045.00 ISK
(465.89 SEK)
5,874.82 ISK
(452.77 SEK)
     -2.8 %
1 Pair of Nike Running Shoes (Mid-Range) 19,661.90 ISK
(1,515.33 SEK)
13,172.38 ISK
(1,015.19 SEK)
     -33.0 %
1 Pair of Men Leather Business Shoes 24,273.12 ISK
(1,870.72 SEK)
19,630.67 ISK
(1,512.93 SEK)
     -19.1 %
Rent Per Month
Reykjavik Edit Stockholm Edit
Apartment (1 bedroom) in City Centre 259,077.12 ISK
(19,966.95 SEK)
211,185.48 ISK
(16,275.96 SEK)
     -18.5 %
Apartment (1 bedroom) Outside of Centre 231,556.95 ISK
(17,845.98 SEK)
130,497.95 ISK
(10,057.41 SEK)
     -43.6 %
Apartment (3 bedrooms) in City Centre 375,965.52 ISK
(28,975.48 SEK)
343,212.20 ISK
(26,451.20 SEK)
     -8.7 %
Apartment (3 bedrooms) Outside of Centre 334,230.77 ISK
(25,759.00 SEK)
221,275.18 ISK
(17,053.57 SEK)
     -33.8 %
Buy Apartment Price
Reykjavik Edit Stockholm Edit
Price per Square Feet to Buy Apartment in City Centre 81,846.89 ISK
(6,307.90 SEK)
126,772.24 ISK
(9,770.28 SEK)
     +54.9 %
Price per Square Feet to Buy Apartment Outside of Centre 65,005.60 ISK
(5,009.95 SEK)
70,160.28 ISK
(5,407.22 SEK)
     +7.9 %
Salaries And Financing
Reykjavik Edit Stockholm Edit
Average Monthly Net Salary (After Tax) 513,380.43 ISK
(39,565.98 SEK)
458,653.03 ISK
(35,348.17 SEK)
     -10.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.14 4.51      -44.6 %
Last update: May 2024May 2024
Contributors in the past 12 months:165291