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Cost of living In Reykjavik, Iceland

Reykjavik, Iceland

Item Rating
Cost of Living Rank
17
Cost of Living Index
86.41
Rent Index
42.04
Cost of Living Plus Rent Index
65.12
Groceries Index
76.16
Restaurant Price Index
93.62
Local Purchasing Power Index
74.67
Restaurants
Cappuccino (regular)
$589.37 kr
Coke/Pepsi (12 oz small bottle)
$371.42 kr
Domestic Beer (1 pint draught)
$1,200.00 kr
Imported Beer (12 oz small bottle)
$1,050.00 kr
Water (12 oz small bottle)
$270.68 kr
Dinner, Inexpensive Restaurant
$2,500.00 kr
Dinner for 2 People, Mid-range Restaurant, Three-course
$15,000.00 kr
McMeal at McDonalds (or Equivalent Combo Meal)
$1,720.90 kr
Markets
Milk (regular)(1 gallon)
$169.94 kr
Loaf of Fresh White Bread (1 lb)
$421.88 kr
Rice (white)(1 lb)
$363.00 kr
Eggs(12)
$695.68 kr
Local Cheese (1 lb)
$1,796.31 kr
Chicken Fillets (1 lb)
$2,015.31 kr
Round steak (1 lb) (or Equivalent Back Leg Red Meat)
$3,154.50 kr
Apples (1 lb)
$298.29 kr
Banana (1 lb)
$225.78 kr
Oranges (1 lb)
$279.71 kr
Tomato (1 lb)
$483.50 kr
Potato (1 lb)
$274.25 kr
Onion (1 lb)
$235.11 kr
Lettuce (1 head)
$323.43 kr
Water (1.5 liter bottle)
$225.69 kr
Bottle of Wine (Mid-Range)
$2,500.00 kr
Domestic Beer (0.5 liter bottle)
$394.75 kr
Imported Beer (12 oz small bottle)
$390.50 kr
Cigarettes 20 Pack (Marlboro)
$1,450.00 kr
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment
$12,653.10 kr
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)
$21.27 kr
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$8,338.15 kr
Fitness Club, Monthly Fee for 1 Adult
$7,470.73 kr
Tennis Court Rent (1 Hour on Weekend)
$4,768.42 kr
Cinema, International Release, 1 Seat
$8,338.15 kr
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$1,600.00 kr
Transportation
One-way Ticket (Local Transport)
$470.00 kr
Monthly Pass (Regular Price)
$12,800.00 kr
Taxi Start (Normal Tariff)
$700.00 kr
Taxi 1 mile (Normal Tariff)
$351.00 kr
Taxi 1hour Waiting (Normal Tariff)
$7,920.00 kr
Gasoline (1 gallon)
$228.11 kr
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$3,745,000.00 kr
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$4,278,846.15 kr
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$35,583.33 kr
International Primary School, Yearly for 1 Child
$860,000.00 kr
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$15,198.85 kr
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$6,139.16 kr
1 Pair of Nike Running Shoes (Mid-Range)
$17,349.81 kr
1 Pair of Men Leather Business Shoes
$23,071.80 kr
Rent Per Month
Apartment (1 bedroom) in City Centre
$196,320.00 kr
Apartment (1 bedroom) Outside of Centre
$161,260.00 kr
Apartment (3 bedrooms) in City Centre
$320,500.00 kr
Apartment (3 bedrooms) Outside of Centre
$268,153.85 kr
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre
$612,540.34 kr
Price per Square Feet to Buy Apartment Outside of Centre
$461,246.88 kr
Salaries And Financing
Average Monthly Net Salary (After Tax)
$398,806.53 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
$6.18

Reykjavik, Iceland

Item Rating
Cost of Living Rank
17
Cost of Living Index
86.41
Rent Index
42.04
Cost of Living Plus Rent Index
65.12
Groceries Index
76.16
Restaurant Price Index
93.62
Local Purchasing Power Index
74.67
Restaurants
Cappuccino (regular)
$589.37 kr
Coke/Pepsi (12 oz small bottle)
$371.42 kr
Domestic Beer (1 pint draught)
$1,200.00 kr
Imported Beer (12 oz small bottle)
$1,050.00 kr
Water (12 oz small bottle)
$270.68 kr
Dinner, Inexpensive Restaurant
$2,500.00 kr
Dinner for 2 People, Mid-range Restaurant, Three-course
$15,000.00 kr
McMeal at McDonalds (or Equivalent Combo Meal)
$1,720.90 kr
Markets
Milk (regular)(1 gallon)
$169.94 kr
Loaf of Fresh White Bread (1 lb)
$421.88 kr
Rice (white)(1 lb)
$363.00 kr
Eggs(12)
$695.68 kr
Local Cheese (1 lb)
$1,796.31 kr
Chicken Fillets (1 lb)
$2,015.31 kr
Round steak (1 lb) (or Equivalent Back Leg Red Meat)
$3,154.50 kr
Apples (1 lb)
$298.29 kr
Banana (1 lb)
$225.78 kr
Oranges (1 lb)
$279.71 kr
Tomato (1 lb)
$483.50 kr
Potato (1 lb)
$274.25 kr
Onion (1 lb)
$235.11 kr
Lettuce (1 head)
$323.43 kr
Water (1.5 liter bottle)
$225.69 kr
Bottle of Wine (Mid-Range)
$2,500.00 kr
Domestic Beer (0.5 liter bottle)
$394.75 kr
Imported Beer (12 oz small bottle)
$390.50 kr
Cigarettes 20 Pack (Marlboro)
$1,450.00 kr
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment
$12,653.10 kr
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)
$21.27 kr
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$8,338.15 kr
Fitness Club, Monthly Fee for 1 Adult
$7,470.73 kr
Tennis Court Rent (1 Hour on Weekend)
$4,768.42 kr
Cinema, International Release, 1 Seat
$8,338.15 kr
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$1,600.00 kr
Transportation
One-way Ticket (Local Transport)
$470.00 kr
Monthly Pass (Regular Price)
$12,800.00 kr
Taxi Start (Normal Tariff)
$700.00 kr
Taxi 1 mile (Normal Tariff)
$351.00 kr
Taxi 1hour Waiting (Normal Tariff)
$7,920.00 kr
Gasoline (1 gallon)
$228.11 kr
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$3,745,000.00 kr
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$4,278,846.15 kr
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$35,583.33 kr
International Primary School, Yearly for 1 Child
$860,000.00 kr
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$15,198.85 kr
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$6,139.16 kr
1 Pair of Nike Running Shoes (Mid-Range)
$17,349.81 kr
1 Pair of Men Leather Business Shoes
$23,071.80 kr
Rent Per Month
Apartment (1 bedroom) in City Centre
$196,320.00 kr
Apartment (1 bedroom) Outside of Centre
$161,260.00 kr
Apartment (3 bedrooms) in City Centre
$320,500.00 kr
Apartment (3 bedrooms) Outside of Centre
$268,153.85 kr
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre
$612,540.34 kr
Price per Square Feet to Buy Apartment Outside of Centre
$461,246.88 kr
Salaries And Financing
Average Monthly Net Salary (After Tax)
$398,806.53 kr
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
$6.18