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 344 Cities in the World.
2^nd Most Expensive Meal for 2 People, Mid-range Restaurant, Three-course (Restaurants) out of 342 Cities in the World.
6^th Most Expensive Chicken Fillets (1kg) (Markets) out of 344 Cities in the World.

Europe Ranking

2^nd Cheapest Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment (Utilities (Monthly)) out of 148 Cities in Europe
22^th Cheapest Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child (Childcare) out of 111 Cities in Europe

1^st Most Expensive Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) (Utilities (Monthly)) out of 148 Cities in Europe
1^st Most Expensive Gasoline (1 liter) (Transportation) out of 148 Cities in Europe
1^st Most Expensive Bottle of Wine (Mid-Range) (Markets) out of 148 Cities in Europe

Northern Europe Ranking

1^st Cheapest Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment (Utilities (Monthly)) out of 31 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
10^th Cheapest Monthly Pass (Regular Price) (Transportation) out of 27 Cities in Northern Europe

1^st Most Expensive Beef Round (1kg) (or Equivalent Back Leg Red Meat) (Markets) out of 31 Cities in Northern Europe
1^st Most Expensive Lettuce (1 head) (Markets) out of 31 Cities in Northern Europe
1^st Most Expensive Potato (1kg) (Markets) out of 31 Cities in Northern Europe

Restaurants	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Meal, Inexpensive Restaurant	3,050.00 kr	Very High	26^th/344	11^st/148	4^th/31
Meal for 2 People, Mid-range Restaurant, Three-course	19,000.00 kr	Very High	2^nd/342	1^st/147	1^st/31
McMeal at McDonalds (or Equivalent Combo Meal)	2,500.00 kr	Very High	2^nd/327	2^nd/139	1^st/30
Domestic Beer (1 pint draught)	1,550.00 kr	Very High	3^rd/329	1^st/147	1^st/31
Imported Beer (12 oz small bottle)	1,400.00 kr	Very High	9^th/311	2^nd/142	2^nd/30
Cappuccino (regular)	753.30 kr	Very High	29^th/344	5^th/148	3^rd/31
Coke/Pepsi (12 oz small bottle)	427.57 kr	Very High	36^th/344	31^st/148	6^th/31
Water (12 oz small bottle)	319.24 kr	Very High	59^th/344	42^th/148	8^th/31
Markets	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Milk (regular), (1 gallon)	880.45 kr	High	78^th/344	19^th/148	7^th/31
Loaf of Fresh White Bread (1 lb)	475.47 kr	Very High	29^th/344	2^nd/148	2^nd/31
Rice (white), (1 lb)	198.70 kr	High	69^th/343	18^th/147	4^th/30
Eggs (regular) (12)	806.81 kr	Very High	10^th/344	6^th/148	1^st/31
Local Cheese (1 lb)	994.09 kr	Very High	37^th/343	18^th/148	1^st/31
Chicken Fillets (1 lb)	1,289.24 kr	Very High	6^th/344	6^th/148	1^st/31
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	2,238.88 kr	Very High	6^th/342	6^th/147	1^st/31
Apples (1 lb)	191.23 kr	High	101^st/344	16^th/148	9^th/31
Banana (1 lb)	140.76 kr	Very High	48^th/344	24^th/148	9^th/31
Oranges (1 lb)	172.88 kr	High	102^th/341	29^th/147	15^th/30
Tomato (1 lb)	310.38 kr	Very High	37^th/341	11^st/145	4^th/28
Potato (1 lb)	203.60 kr	Very High	20^th/342	1^st/147	1^st/31
Onion (1 lb)	130.02 kr	High	89^th/344	16^th/148	4^th/31
Lettuce (1 head)	402.38 kr	Very High	8^th/341	1^st/146	1^st/31
Water (1.5 liter bottle)	291.90 kr	Very High	35^th/344	3^rd/148	3^rd/31
Bottle of Wine (Mid-Range)	3,000.00 kr	Very High	4^th/328	1^st/148	1^st/31
Domestic Beer (0.5 liter bottle)	446.95 kr	Very High	21^st/329	5^th/147	4^th/31
Imported Beer (12 oz small bottle)	390.38 kr	High	117^th/323	24^th/143	16^th/30
Cigarettes 20 Pack (Marlboro)	1,699.50 kr	Very High	50^th/286	22^th/132	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/309	2^nd/146	1^st/30
Monthly Pass (Regular Price)	10,400.00 kr	High	57^th/224	27^th/116	18^th/27
Taxi Start (Normal Tariff)	790.00 kr	Very High	16^th/221	14^th/95	7^th/18
Taxi 1 mile (Normal Tariff)	504.53 kr	Very High	19^th/177	12^th/69	3^rd/12
Taxi 1hour Waiting (Normal Tariff)	10,620.00 kr	Very High	3^rd/124	3^rd/58	2^nd/16
Gasoline (1 gallon)	1,176.51 kr	Very High	2^nd/344	1^st/148	1^st/31
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	6,000,000.00 kr
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	6,448,333.33 kr	Very High	5^th/286	2^nd/106	2^nd/25
Utilities (Monthly)	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	9,895.96 kr	Low	268^th/342	147^th/148	31^st/31
Mobile Phone Monthly Plan with Calls and 10GB+ Data	3,385.91 kr	High	115^th/344	30^th/148	9^th/31
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	9,775.44 kr	Very High	31^st/344	1^st/148	1^st/31
Sports And Leisure	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Fitness Club, Monthly Fee for 1 Adult	10,242.46 kr	Very High	25^th/339	4^th/146	1^st/31
Tennis Court Rent (1 Hour on Weekend)	5,271.43 kr	Very High	13^th/243	3^rd/102	1^st/22
Cinema, International Release, 1 Seat	2,050.00 kr	Very High	53^th/320	25^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	36,107.50 kr	Low	199^th/282	90^th/111	19^th/23
International Primary School, Yearly for 1 Child	350,000.00 kr
Clothing And Shoes	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
1 Pair of Jeans (Levis 501 Or Similar)	17,163.47 kr	Very High	2^nd/332	2^nd/141	1^st/31
1 Summer Dress in a Chain Store (Zara, H&M, ...)	7,753.89 kr	Very High	29^th/323	6^th/136	1^st/30
1 Pair of Nike Running Shoes (Mid-Range)	22,547.11 kr	Very High	2^nd/338	2^nd/144	1^st/31
1 Pair of Men Leather Business Shoes	30,310.62 kr	Very High	1^st/326	1^st/137	1^st/31
Rent Per Month	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Apartment (1 bedroom) in City Centre	278,840.00 kr	Very High	25^th/343	6^th/147	3^rd/30
Apartment (1 bedroom) Outside of Centre	253,260.87 kr	Very High	15^th/343	4^th/148	2^nd/31
Apartment (3 bedrooms) in City Centre	394,000.00 kr	Very High	54^th/341	15^th/146	6^th/31
Apartment (3 bedrooms) Outside of Centre	342,636.36 kr	Very High	34^th/341	9^th/148	3^rd/31
Buy Apartment Price	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Price per Square Feet to Buy Apartment in City Centre	83,983.65 kr	High	68^th/297	32^th/131	10^th/25
Price per Square Feet to Buy Apartment Outside of Centre	70,302.69 kr	Very High	45^th/290	22^th/129	9^th/25
Salaries And Financing	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Average Monthly Net Salary (After Tax)	510,090.36 kr	Very High	58^th/341	14^th/148	4^th/31
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	9.41	High	76^th/326	18^th/146	1^st/31

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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