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 338 Cities in the World.
6^th Most Expensive Chicken Fillets (1kg) (Markets) out of 338 Cities in the World.
6^th Most Expensive Meal for 2 People, Mid-range Restaurant, Three-course (Restaurants) out of 337 Cities in the World.

Europe Ranking

2^nd Cheapest Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment (Utilities (Monthly)) out of 146 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 Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) (Utilities (Monthly)) out of 150 Cities in Europe
1^st Most Expensive Gasoline (1 liter) (Transportation) out of 150 Cities in Europe
1^st Most Expensive Bottle of Wine (Mid-Range) (Markets) out of 150 Cities in Europe

Northern Europe Ranking

1^st Cheapest Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment (Utilities (Monthly)) out of 29 Cities in Northern Europe
5^th Cheapest Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child (Childcare) out of 24 Cities in Northern Europe
9^th Cheapest Monthly Pass (Regular Price) (Transportation) out of 25 Cities in Northern Europe

1^st Most Expensive Beef Round (1kg) (or Equivalent Back Leg Red Meat) (Markets) out of 29 Cities in Northern Europe
1^st Most Expensive Lettuce (1 head) (Markets) out of 29 Cities in Northern Europe
1^st Most Expensive Potato (1kg) (Markets) out of 29 Cities in Northern Europe

Restaurants	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Meal, Inexpensive Restaurant	3,000.0 kr	Very High	23^th/338	13^th/150	7^th/29
Meal for 2 People, Mid-range Restaurant, Three-course	17,000.0 kr	Very High	6^th/337	5^th/149	1^st/29
McMeal at McDonalds (or Equivalent Combo Meal)	2,500.0 kr	Very High	2^nd/312	2^nd/132	1^st/29
Domestic Beer (1 pint draught)	1,500.0 kr	Very High	4^th/319	1^st/145	1^st/29
Imported Beer (12 oz small bottle)	1,400.0 kr	Very High	8^th/301	2^nd/141	2^nd/29
Cappuccino (regular)	723.58 kr	Very High	34^th/338	8^th/150	3^rd/29
Coke/Pepsi (12 oz small bottle)	444.25 kr	Very High	22^th/338	22^th/150	6^th/29
Water (12 oz small bottle)	308.72 kr	Very High	63^th/338	45^th/150	8^th/29
Markets	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Milk (regular), (1 gallon)	880.97 kr	High	82^th/338	27^th/150	9^th/29
Loaf of Fresh White Bread (1 lb)	454.48 kr	Very High	31^st/338	7^th/150	3^rd/29
Rice (white), (1 lb)	199.87 kr	Very High	64^th/337	24^th/149	4^th/29
Eggs (regular) (12)	798.71 kr	Very High	10^th/338	6^th/150	1^st/29
Local Cheese (1 lb)	976.53 kr	Very High	40^th/338	18^th/150	1^st/29
Chicken Fillets (1 lb)	1,304.41 kr	Very High	6^th/338	6^th/150	1^st/29
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	2,290.48 kr	Very High	7^th/336	6^th/149	1^st/29
Apples (1 lb)	194.57 kr	High	91^st/338	21^st/150	14^th/29
Banana (1 lb)	139.67 kr	Very High	55^th/338	30^th/150	10^th/29
Oranges (1 lb)	168.92 kr	High	99^th/337	32^th/149	18^th/28
Tomato (1 lb)	308.63 kr	Very High	38^th/334	14^th/146	5^th/26
Potato (1 lb)	199.04 kr	Very High	18^th/337	1^st/149	1^st/29
Onion (1 lb)	129.59 kr	High	79^th/336	19^th/149	4^th/29
Lettuce (1 head)	422.57 kr	Very High	4^th/334	1^st/149	1^st/29
Water (1.5 liter bottle)	277.31 kr	Very High	34^th/338	3^rd/150	3^rd/29
Bottle of Wine (Mid-Range)	3,000.0 kr	Very High	4^th/319	1^st/150	1^st/29
Domestic Beer (0.5 liter bottle)	442.05 kr	Very High	23^th/324	8^th/149	7^th/29
Imported Beer (12 oz small bottle)	369.19 kr	High	113^th/315	25^th/146	15^th/27
Cigarettes 20 Pack (Marlboro)	1,679.0 kr	Very High	44^th/291	20^th/139	15^th/26
Transportation	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
One-way Ticket (Local Transport)	630.0 kr	Very High	2^nd/313	2^nd/144	1^st/29
Monthly Pass (Regular Price)	10,400.0 kr	High	55^th/216	26^th/114	17^th/25
Taxi Start (Normal Tariff)	745.0 kr	Very High	25^th/226	23^th/99	10^th/20
Taxi 1 mile (Normal Tariff)	521.43 kr	Very High	22^th/179	16^th/71	4^th/14
Taxi 1hour Waiting (Normal Tariff)	10,620.0 kr	Very High	3^rd/118	3^rd/57	2^nd/15
Gasoline (1 gallon)	1,181.47 kr	Very High	2^nd/338	1^st/150	1^st/29
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	5,890,000.0 kr
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	6,334,875.0 kr	Very High	7^th/260	3^rd/93	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	9,789.4 kr	Low	259^th/333	145^th/146	29^th/29
Mobile Phone Monthly Plan with Calls and 10GB+ Data	3,383.68 kr	High	116^th/338	42^th/150	8^th/29
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	9,789.16 kr	Very High	23^th/338	1^st/150	1^st/29
Sports And Leisure	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Fitness Club, Monthly Fee for 1 Adult	9,691.77 kr	Very High	30^th/333	6^th/147	1^st/29
Tennis Court Rent (1 Hour on Weekend)	4,812.5 kr	Very High	17^th/216	5^th/96	2^nd/24
Cinema, International Release, 1 Seat	2,050.0 kr	Very High	48^th/311	26^th/136	17^th/29
Childcare	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	33,984.44 kr	Low	194^th/276	89^th/109	20^th/24
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)	15,119.89 kr	Very High	10^th/331	10^th/144	6^th/29
1 Summer Dress in a Chain Store (Zara, H&M, ...)	6,898.75 kr	Very High	60^th/322	13^th/135	3^rd/29
1 Pair of Nike Running Shoes (Mid-Range)	21,069.75 kr	Very High	3^rd/331	3^rd/145	1^st/28
1 Pair of Men Leather Business Shoes	26,435.62 kr	Very High	3^rd/330	3^rd/143	1^st/29
Rent Per Month	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Apartment (1 bedroom) in City Centre	268,925.93 kr	Very High	29^th/336	7^th/148	3^rd/29
Apartment (1 bedroom) Outside of Centre	244,375.0 kr	Very High	17^th/335	6^th/148	3^rd/29
Apartment (3 bedrooms) in City Centre	389,083.33 kr	Very High	52^th/330	17^th/142	7^th/29
Apartment (3 bedrooms) Outside of Centre	337,636.36 kr	Very High	37^th/329	10^th/143	4^th/29
Buy Apartment Price	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Price per Square Feet to Buy Apartment in City Centre	81,134.64 kr	High	72^th/276	36^th/127	11^st/22
Price per Square Feet to Buy Apartment Outside of Centre	67,243.99 kr	Very High	50^th/269	24^th/121	9^th/21
Salaries And Financing	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Average Monthly Net Salary (After Tax)	529,957.83 kr	Very High	48^th/335	11^st/150	3^rd/29
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	8.81	High	92^th/316	19^th/146	1^st/28

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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