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 382 Cities in the World.
6^th Most Expensive Chicken Fillets (1kg) (Markets) out of 382 Cities in the World.
7^th Most Expensive Beef Round (1kg) (or Equivalent Back Leg Red Meat) (Markets) out of 380 Cities in the World.

Europe Ranking

6^th Cheapest Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment (Utilities (Monthly)) out of 164 Cities in Europe
26^th Cheapest Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child (Childcare) out of 116 Cities in Europe

1^st Most Expensive Gasoline (1 liter) (Transportation) out of 167 Cities in Europe
1^st Most Expensive Potato (1kg) (Markets) out of 166 Cities in Europe
2^nd Most Expensive Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) (Utilities (Monthly)) out of 167 Cities in Europe

Northern Europe Ranking

1^st Cheapest Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment (Utilities (Monthly)) out of 30 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 30 Cities in Northern Europe
1^st Most Expensive Lettuce (1 head) (Markets) out of 30 Cities in Northern Europe
1^st Most Expensive Potato (1kg) (Markets) out of 30 Cities in Northern Europe

Restaurants	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Meal, Inexpensive Restaurant	2,945.00 kr	Very High	28^th/382	11^st/167	4^th/30
Meal for 2 People, Mid-range Restaurant, Three-course	17,500.00 kr	Very High	6^th/379	5^th/164	1^st/30
McMeal at McDonalds (or Equivalent Combo Meal)	2,500.00 kr	Very High	2^nd/345	2^nd/141	1^st/30
Domestic Beer (1 pint draught)	1,500.00 kr	Very High	4^th/359	1^st/162	1^st/30
Imported Beer (12 oz small bottle)	1,350.00 kr	Very High	11^st/334	3^rd/153	3^rd/29
Cappuccino (regular)	736.68 kr	Very High	35^th/382	6^th/167	3^rd/30
Coke/Pepsi (12 oz small bottle)	427.93 kr	Very High	36^th/381	31^st/166	6^th/30
Water (12 oz small bottle)	300.66 kr	High	85^th/380	54^th/165	8^th/30
Markets	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Milk (regular), (1 gallon)	881.24 kr	High	83^th/382	19^th/167	7^th/30
Loaf of Fresh White Bread (1 lb)	458.94 kr	Very High	37^th/382	7^th/167	3^rd/30
Rice (white), (1 lb)	193.17 kr	High	78^th/381	25^th/166	5^th/29
Eggs (regular) (12)	807.15 kr	Very High	9^th/382	5^th/167	1^st/30
Local Cheese (1 lb)	982.43 kr	Very High	40^th/381	17^th/167	1^st/30
Chicken Fillets (1 lb)	1,286.04 kr	Very High	6^th/382	6^th/167	1^st/30
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	2,214.11 kr	Very High	7^th/380	6^th/166	1^st/30
Apples (1 lb)	189.21 kr	High	107^th/382	17^th/167	9^th/30
Banana (1 lb)	140.02 kr	Very High	59^th/382	32^th/167	10^th/30
Oranges (1 lb)	175.41 kr	High	102^th/379	28^th/166	15^th/29
Tomato (1 lb)	309.29 kr	Very High	41^st/379	12^th/164	4^th/27
Potato (1 lb)	201.74 kr	Very High	22^th/378	1^st/166	1^st/30
Onion (1 lb)	132.99 kr	High	88^th/381	14^th/167	4^th/30
Lettuce (1 head)	422.88 kr	Very High	5^th/373	1^st/163	1^st/30
Water (1.5 liter bottle)	287.08 kr	Very High	42^th/382	3^rd/167	3^rd/30
Bottle of Wine (Mid-Range)	3,000.00 kr	Very High	4^th/357	1^st/164	1^st/29
Domestic Beer (0.5 liter bottle)	443.52 kr	Very High	21^st/365	4^th/166	4^th/30
Imported Beer (12 oz small bottle)	375.65 kr	High	131^st/357	24^th/162	16^th/30
Cigarettes 20 Pack (Marlboro)	1,679.00 kr	Very High	45^th/306	18^th/144	15^th/25
Transportation	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
One-way Ticket (Local Transport)	630.00 kr	Very High	2^nd/332	2^nd/157	1^st/29
Monthly Pass (Regular Price)	10,400.00 kr	High	56^th/227	24^th/117	15^th/25
Taxi Start (Normal Tariff)	775.00 kr	Very High	18^th/232	16^th/97	8^th/18
Taxi 1 mile (Normal Tariff)	582.58 kr	Very High	14^th/186	9^th/72	2^nd/13
Taxi 1hour Waiting (Normal Tariff)	10,620.00 kr	Very High	3^rd/127	3^rd/59	2^nd/15
Gasoline (1 gallon)	1,179.67 kr	Very High	2^nd/382	1^st/167	1^st/30
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)	6,334,875.00 kr	Very High	5^th/290	2^nd/99	2^nd/20
Utilities (Monthly)	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	9,940.72 kr	Low	289^th/378	159^th/164	30^th/30
Mobile Phone Monthly Plan with Calls and 10GB+ Data	3,394.76 kr	High	128^th/382	41^st/167	9^th/30
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	9,451.68 kr	Very High	43^th/382	2^nd/167	2^nd/30
Sports And Leisure	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Fitness Club, Monthly Fee for 1 Adult	9,873.81 kr	Very High	31^st/376	5^th/163	1^st/30
Tennis Court Rent (1 Hour on Weekend)	4,312.50 kr	Very High	29^th/241	12^th/103	7^th/22
Cinema, International Release, 1 Seat	2,047.50 kr	Very High	54^th/338	23^th/140	14^th/29
Childcare	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	35,078.18 kr	Low	208^th/302	91^st/116	19^th/23
International Primary School, Yearly for 1 Child	776,250.00 kr
Clothing And Shoes	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
1 Pair of Jeans (Levis 501 Or Similar)	15,679.90 kr	Very High	7^th/367	7^th/156	2^nd/30
1 Summer Dress in a Chain Store (Zara, H&M, ...)	7,368.08 kr	Very High	37^th/356	8^th/149	1^st/30
1 Pair of Nike Running Shoes (Mid-Range)	21,131.59 kr	Very High	3^rd/372	3^rd/159	1^st/30
1 Pair of Men Leather Business Shoes	27,314.21 kr	Very High	2^nd/359	2^nd/148	1^st/30
Rent Per Month	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Apartment (1 bedroom) in City Centre	275,038.46 kr	Very High	29^th/377	6^th/163	3^rd/29
Apartment (1 bedroom) Outside of Centre	251,041.67 kr	Very High	15^th/378	4^th/165	2^nd/30
Apartment (3 bedrooms) in City Centre	394,083.33 kr	Very High	54^th/371	15^th/157	6^th/30
Apartment (3 bedrooms) Outside of Centre	342,320.00 kr	Very High	37^th/376	9^th/163	3^rd/30
Buy Apartment Price	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Price per Square Feet to Buy Apartment in City Centre	80,618.52 kr	High	74^th/303	33^th/137	10^th/25
Price per Square Feet to Buy Apartment Outside of Centre	67,581.03 kr	Very High	50^th/290	24^th/130	8^th/24
Salaries And Financing	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Average Monthly Net Salary (After Tax)	519,961.08 kr	Very High	60^th/379	16^th/167	4^th/30
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	8.73	High	106^th/357	22^th/163	1^st/30

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

About In the News Newsletter API