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 343 Cities in the World.
1^st Most Expensive Meal for 2 People, Mid-range Restaurant, Three-course (Restaurants) out of 342 Cities in the World.
2^nd Most Expensive 1 Pair of Nike Running Shoes (Mid-Range) (Clothing And Shoes) out of 340 Cities in the World.

Europe Ranking

3^rd Cheapest Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment (Utilities (Monthly)) out of 143 Cities in Europe
24^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 144 Cities in Europe
1^st Most Expensive Gasoline (1 liter) (Transportation) out of 144 Cities in Europe
1^st Most Expensive Loaf of Fresh White Bread (500g) (Markets) out of 144 Cities in Europe

Northern Europe Ranking

2^nd Cheapest Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment (Utilities (Monthly)) out of 29 Cities in Northern Europe
6^th Cheapest Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child (Childcare) out of 21 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	3,100.00 kr	Very High	23^th/343	10^th/144	4^th/29
Meal for 2 People, Mid-range Restaurant, Three-course	19,000.00 kr	Very High	1^st/342	1^st/143	1^st/29
McMeal at McDonalds (or Equivalent Combo Meal)	2,500.00 kr	Very High	2^nd/322	2^nd/132	1^st/29
Domestic Beer (1 pint draught)	1,500.00 kr	Very High	4^th/328	1^st/142	1^st/29
Imported Beer (12 oz small bottle)	1,300.00 kr	Very High	10^th/311	3^rd/136	3^rd/28
Cappuccino (regular)	758.16 kr	Very High	28^th/343	5^th/144	3^rd/29
Coke/Pepsi (12 oz small bottle)	419.68 kr	Very High	43^th/343	37^th/144	6^th/29
Water (12 oz small bottle)	323.15 kr	Very High	58^th/343	44^th/144	9^th/29
Markets	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Milk (regular), (1 gallon)	876.08 kr	High	78^th/343	19^th/144	8^th/29
Loaf of Fresh White Bread (1 lb)	473.26 kr	Very High	30^th/343	1^st/144	1^st/29
Rice (white), (1 lb)	202.18 kr	Very High	67^th/343	18^th/144	5^th/29
Eggs (regular) (12)	817.20 kr	Very High	10^th/343	6^th/144	1^st/29
Local Cheese (1 lb)	997.86 kr	Very High	35^th/342	16^th/144	1^st/29
Chicken Fillets (1 lb)	1,323.78 kr	Very High	6^th/343	6^th/144	1^st/29
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	2,405.32 kr	Very High	5^th/341	5^th/143	1^st/29
Apples (1 lb)	181.36 kr	High	122^th/343	33^th/144	18^th/29
Banana (1 lb)	141.23 kr	Very High	51^st/343	25^th/144	10^th/29
Oranges (1 lb)	172.88 kr	High	104^th/342	29^th/144	16^th/29
Tomato (1 lb)	298.97 kr	Very High	43^th/341	15^th/142	6^th/27
Potato (1 lb)	206.43 kr	Very High	19^th/340	1^st/143	1^st/29
Onion (1 lb)	133.04 kr	High	82^th/342	13^th/143	4^th/29
Lettuce (1 head)	415.92 kr	Very High	5^th/336	1^st/139	1^st/29
Water (1.5 liter bottle)	283.55 kr	Very High	41^st/343	4^th/144	4^th/29
Bottle of Wine (Mid-Range)	3,000.00 kr	Very High	2^nd/327	1^st/143	1^st/29
Domestic Beer (0.5 liter bottle)	451.11 kr	Very High	19^th/329	5^th/144	4^th/29
Imported Beer (12 oz small bottle)	396.40 kr	High	111^st/323	25^th/140	16^th/29
Cigarettes 20 Pack (Marlboro)	1,700.00 kr	Very High	50^th/276	24^th/128	16^th/25
Transportation	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
One-way Ticket (Local Transport)	650.00 kr	Very High	1^st/307	1^st/140	1^st/28
Monthly Pass (Regular Price)	10,400.00 kr	High	56^th/226	25^th/113	17^th/26
Taxi Start (Normal Tariff)	775.00 kr	Very High	15^th/219	13^th/89	7^th/17
Taxi 1 mile (Normal Tariff)	504.53 kr	Very High	14^th/173	10^th/66	2^nd/9
Taxi 1hour Waiting (Normal Tariff)	10,620.00 kr	Very High	3^rd/119	3^rd/52	2^nd/9
Gasoline (1 gallon)	1,180.35 kr	Very High	2^nd/343	1^st/144	1^st/29
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)	6,531,666.67 kr	Very High	5^th/286	2^nd/105	2^nd/24
Utilities (Monthly)	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	10,673.77 kr	Low	260^th/340	141^st/143	28^th/29
Mobile Phone Monthly Plan with Calls and 10GB+ Data	3,412.61 kr	High	113^th/343	27^th/144	9^th/29
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	9,920.67 kr	Very High	23^th/343	1^st/144	1^st/29
Sports And Leisure	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Fitness Club, Monthly Fee for 1 Adult	10,064.55 kr	Very High	26^th/339	5^th/143	1^st/29
Tennis Court Rent (1 Hour on Weekend)	5,271.43 kr	Very High	13^th/239	3^rd/95	1^st/20
Cinema, International Release, 1 Seat	2,190.00 kr	Very High	28^th/321	17^th/134	13^th/27
Childcare	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	38,462.88 kr	Low	193^th/282	88^th/111	16^th/21
International Primary School, Yearly for 1 Child	3,744,295.00 kr
Clothing And Shoes	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
1 Pair of Jeans (Levis 501 Or Similar)	17,799.38 kr	Very High	2^nd/336	2^nd/140	1^st/29
1 Summer Dress in a Chain Store (Zara, H&M, ...)	7,998.12 kr	Very High	22^th/321	7^th/131	2^nd/29
1 Pair of Nike Running Shoes (Mid-Range)	22,466.67 kr	Very High	2^nd/340	2^nd/142	1^st/29
1 Pair of Men Leather Business Shoes	31,931.67 kr	Very High	1^st/329	1^st/135	1^st/29
Rent Per Month	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Apartment (1 bedroom) in City Centre	281,800.00 kr	Very High	24^th/343	6^th/144	3^rd/29
Apartment (1 bedroom) Outside of Centre	254,782.61 kr	Very High	15^th/342	4^th/144	2^nd/29
Apartment (3 bedrooms) in City Centre	395,541.67 kr	Very High	53^th/338	16^th/140	7^th/29
Apartment (3 bedrooms) Outside of Centre	341,272.73 kr	Very High	35^th/338	10^th/142	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	86,898.94 kr	High	60^th/294	29^th/127	9^th/23
Price per Square Feet to Buy Apartment Outside of Centre	72,702.31 kr	Very High	41^st/286	18^th/124	7^th/23
Salaries And Financing	Value	World Position	World Ranking	Europe Ranking	Northern Europe Ranking
Average Monthly Net Salary (After Tax)	520,722.78 kr	Very High	55^th/341	13^th/144	4^th/29
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	9.66	High	71^st/322	17^th/140	1^st/29

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.

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