Cost of Living Estimator for Reykjavik, Iceland
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Utilize this tool to calculate necessary budget adjustments when moving to Reykjavik, Iceland. For more details about the prices shown on this page, please visit Cost of Living in Reykjavik.
| Restaurants | 176,355.49 kr |
|---|---|
| Meal, Inexpensive Restaurant 3,300.00 kr x 8.6800000 = | 28,644.00 kr |
| McMeal at McDonalds (or Equivalent Combo Meal) 2,500.00 kr x 3.7200000 = | 9,300.00 kr |
| Meal for 2 People, Mid-range Restaurant, Three-course 18,000.00 kr x 6.2000000 = | 111,600.00 kr |
| Domestic Beer (1 pint draught) 1,550.00 kr x 1.5500000 = | 2,402.50 kr |
| Imported Beer (12 oz small bottle) 1,350.00 kr x 1.5500000 = | 2,092.50 kr |
| Coke/Pepsi (12 oz small bottle) 412.77 kr x 4.6500000 = | 1,919.40 kr |
| Water (12 oz small bottle) 324.60 kr x 4.6500000 = | 1,509.41 kr |
| Cappuccino (regular) 761.60 kr x 24.8000000 = | 18,887.68 kr |
| Going out | 34,426.14 kr |
| Cinema, International Release, 1 Seat 2,190.00 kr x 8.4000000 = | 18,396.00 kr |
| Domestic Beer (1 pint draught) 1,550.00 kr x 1.0500000 = | 1,627.50 kr |
| Imported Beer (12 oz small bottle) 1,350.00 kr x 1.0500000 = | 1,417.50 kr |
| Coke/Pepsi (12 oz small bottle) 412.77 kr x 3.1500000 = | 1,300.24 kr |
| Water (12 oz small bottle) 324.60 kr x 3.1500000 = | 1,022.50 kr |
| Cappuccino (regular) 761.60 kr x 14.0000000 = | 10,662.40 kr |
| Cigarettes | 0.00 kr |
| Cigarettes 20 Pack (Marlboro) 1,700.00 kr x 0.0000000 = | 0.00 kr |
| Food at Home | 285,996.84 kr |
| Milk (regular), (1 gallon) 876.08 kr x 7.6433765 = | 6,696.18 kr |
| Loaf of Fresh White Bread (1 lb) 461.71 kr x 31.8935027 = | 14,725.69 kr |
| Rice (white), (1 lb) 203.93 kr x 25.5148021 = | 5,203.23 kr |
| Eggs (regular) (12) 817.20 kr x 23.1466667 = | 18,915.46 kr |
| Local Cheese (1 lb) 1,015.14 kr x 25.5148021 = | 25,901.12 kr |
| Chicken Fillets (1 lb) 1,335.50 kr x 38.2722032 = | 51,112.57 kr |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 2,340.20 kr x 38.2722032 = | 89,564.58 kr |
| Apples (1 lb) 182.96 kr x 76.5444064 = | 14,004.41 kr |
| Banana (1 lb) 140.20 kr x 63.7870053 = | 8,943.16 kr |
| Oranges (1 lb) 164.58 kr x 76.5444064 = | 12,598.02 kr |
| Tomato (1 lb) 298.35 kr x 51.0296043 = | 15,224.72 kr |
| Potato (1 lb) 203.79 kr x 51.0296043 = | 10,399.28 kr |
| Onion (1 lb) 133.04 kr x 25.5148021 = | 3,394.55 kr |
| Lettuce (1 head) 402.38 kr x 23.1466667 = | 9,313.86 kr |
| Drinks at Home | 13,040.80 kr |
| Domestic Beer (0.5 liter bottle) 454.12 kr x 5.1190476 = | 2,324.65 kr |
| Imported Beer (12 oz small bottle) 396.14 kr x 1.0238095 = | 405.57 kr |
| Bottle of Wine (Mid-Range) 3,000.00 kr x 0.7678571 = | 2,303.57 kr |
| Water (1.5 liter bottle) 266.90 kr x 30.0000000 = | 8,007.00 kr |
| Car and Gasoline | 0.00 kr |
| Gasoline (1 gallon) 1,180.35 kr x 0.0000000 = | 0.00 kr |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 5,890,000.00 kr x 0.0000000 = | 0.00 kr |
| Public Transport and Taxi | 43,200.00 kr |
| Taxi Start (Normal Tariff) 790.00 kr x 0.0000000 = | 0.00 kr |
| Taxi 1 mile (Normal Tariff) 504.53 kr x 0.0000000 = | 0.00 kr |
| Taxi 1hour Waiting (Normal Tariff) 10,620.00 kr x 0.0000000 = | 0.00 kr |
| One-way Ticket (Local Transport) 650.00 kr x 0.0000000 = | 0.00 kr |
| Monthly Pass (Regular Price) 10,800.00 kr x 4.0000000 = | 43,200.00 kr |
| Leisure and Sport Memberships | 59,822.86 kr |
| Fitness Club, Monthly Fee for 1 Adult 10,139.05 kr x 4.0000000 = | 40,556.19 kr |
| Tennis Court Rent (1 Hour on Weekend) 4,816.67 kr x 4.0000000 = | 19,266.67 kr |
| Vacation and Travel (Monthly Approximate Amount) | 0.00 kr |
| Utilities | 34,230.17 kr |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 10,673.77 kr x 1.0000000 = | 10,673.77 kr |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data 3,412.61 kr x 4.0000000 = | 13,650.43 kr |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 9,905.96 kr x 1.0000000 = | 9,905.96 kr |
| Clothing and Shoes | 31,378.06 kr |
| 1 Pair of Jeans (Levis 501 Or Similar) 17,452.67 kr x 0.4000000 = | 6,981.07 kr |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) 7,570.71 kr x 0.4000000 = | 3,028.29 kr |
| 1 Pair of Nike Running Shoes (Mid-Range) 22,346.76 kr x 0.4000000 = | 8,938.71 kr |
| 1 Pair of Men Leather Business Shoes 31,075.00 kr x 0.4000000 = | 12,430.00 kr |
| Rent | 0.00 kr |
| Childcare and School Fees | 0.00 kr |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 38,078.11 kr x 0.0000000 = | 0.00 kr |
| International Primary School, Yearly for 1 Child 3,744,295.00 kr x 0.0000000 = | 0.00 kr |
| Other Goods and Services | 42,265.52 kr |
| Household Supplies, approximation using (Groceries index + 20) / 100.0 x 20EUR x 4 family members | 14,954.78 kr |
| Electronics, approximation using 30.0EUR * (household members + 1) formula | 15,872.39 kr |
| Other, approximation using Cost of Living Plus Rent Index | 11,438.35 kr |
| Estimated Total Monthly Spending*: | 720,715.86 kr |
* Note: This estimate does not include insurance, healthcare expenses, parking fees, or domestic help. Income tax is also not factored into the calculation.
For more details about the prices shown on this page, please visit Cost of Living in Reykjavik.
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