Price Rankings for Reykjavik, Iceland

For more details about the prices shown on this page, please visit Cost of Living in Reykjavik.

World Ranking

2nd Most Expensive Gasoline (1 liter) (Transportation) out of 341 Cities in the World.
1st Most Expensive 1 Pair of Nike Running Shoes (Mid-Range) (Clothing And Shoes) out of 336 Cities in the World.
6th Most Expensive Chicken Fillets (1kg) (Markets) out of 341 Cities in the World.

Europe Ranking

4th Cheapest Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment (Utilities (Monthly)) out of 142 Cities in Europe
21st Cheapest Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child (Childcare) out of 109 Cities in Europe
1st Most Expensive Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) (Utilities (Monthly)) out of 143 Cities in Europe
1st Most Expensive Gasoline (1 liter) (Transportation) out of 143 Cities in Europe
1st Most Expensive Loaf of Fresh White Bread (500g) (Markets) out of 143 Cities in Europe

Northern Europe Ranking

2nd Cheapest Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment (Utilities (Monthly)) out of 29 Cities in Northern Europe
6th Cheapest Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child (Childcare) out of 20 Cities in Northern Europe
1st Most Expensive Beef Round (1kg) (or Equivalent Back Leg Red Meat) (Markets) out of 29 Cities in Northern Europe
1st Most Expensive Potato (1kg) (Markets) out of 29 Cities in Northern Europe
1st Most Expensive 1 Pair of Nike Running Shoes (Mid-Range) (Clothing And Shoes) out of 29 Cities in Northern Europe

RestaurantsValue World
Position
World
Ranking
Europe
Ranking
Northern Europe
Ranking
Meal, Inexpensive Restaurant 3,300.00 kr Very High 10th/341 8th/143 2nd/29
Meal for 2 People, Mid-range Restaurant, Three-course 18,000.00 kr Very High 6th/339 5th/141 1st/29
McMeal at McDonalds (or Equivalent Combo Meal) 2,500.00 kr Very High 1st/323 1st/132 1st/28
Domestic Beer (1 pint draught) 1,550.00 kr Very High 3rd/328 1st/142 1st/29
Imported Beer (12 oz small bottle) 1,350.00 kr Very High 9th/309 3rd/134 3rd/27
Cappuccino (regular) 762.22 kr Very High 13th/341 5th/143 3rd/29
Coke/Pepsi (12 oz small bottle) 412.95 kr Very High 40th/341 36th/143 5th/29
Water (12 oz small bottle) 324.77 kr Very High 50th/341 45th/143 9th/29
MarketsValue World
Position
World
Ranking
Europe
Ranking
Northern Europe
Ranking
Milk (regular), (1 gallon) 876.08 kr Very High 65th/341 15th/143 6th/29
Loaf of Fresh White Bread (1 lb) 461.71 kr Very High 27th/341 1st/143 1st/29
Rice (white), (1 lb) 203.93 kr Very High 55th/339 12th/143 4th/29
Eggs (regular) (12) 817.20 kr Very High 8th/341 5th/143 1st/29
Local Cheese (1 lb) 1,015.14 kr Very High 22th/341 12th/143 1st/29
Chicken Fillets (1 lb) 1,335.50 kr Very High 6th/341 6th/143 1st/29
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 2,340.20 kr Very High 5th/339 5th/142 1st/29
Apples (1 lb) 182.96 kr High 110th/341 29th/143 15th/29
Banana (1 lb) 140.20 kr Very High 46th/341 22th/143 11st/29
Oranges (1 lb) 164.58 kr High 100th/340 25th/142 16th/28
Tomato (1 lb) 298.35 kr Very High 32th/340 10th/142 5th/28
Potato (1 lb) 203.79 kr Very High 19th/339 1st/142 1st/29
Onion (1 lb) 133.04 kr Very High 67th/340 10th/142 4th/29
Lettuce (1 head) 402.38 kr Very High 4th/337 2nd/140 2nd/29
Water (1.5 liter bottle) 266.90 kr Very High 40th/341 4th/143 4th/29
Bottle of Wine (Mid-Range) 3,000.00 kr Very High 1st/321 1st/142 1st/29
Domestic Beer (0.5 liter bottle) 454.12 kr Very High 17th/325 4th/142 3rd/28
Imported Beer (12 oz small bottle) 396.14 kr High 93th/320 19th/140 15th/28
Cigarettes 20 Pack (Marlboro) 1,700.00 kr Very High 45th/276 22th/125 15th/23
TransportationValue World
Position
World
Ranking
Europe
Ranking
Northern Europe
Ranking
One-way Ticket (Local Transport) 650.00 kr Very High 2nd/309 1st/138 1st/28
Monthly Pass (Regular Price) 10,800.00 kr Very High 44th/228 21st/113 16th/26
Taxi Start (Normal Tariff) 790.00 kr Very High 12th/215 10th/86 4th/14
Taxi 1 mile (Normal Tariff) 504.53 kr Very High 14th/169 10th/61 3rd/8
Taxi 1hour Waiting (Normal Tariff) 10,620.00 kr Very High 3rd/115 3rd/47 2nd/8
Gasoline (1 gallon) 1,180.35 kr Very High 2nd/341 1st/143 1st/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) 6,500,000.00 kr Very High 4th/282 1st/105 1st/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 250th/336 139th/142 28th/29
Mobile Phone Monthly Plan with Calls and 10GB+ Data 3,412.61 kr High 106th/340 28th/143 9th/29
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 9,905.62 kr Very High 15th/341 1st/143 1st/29
Sports And LeisureValue World
Position
World
Ranking
Europe
Ranking
Northern Europe
Ranking
Fitness Club, Monthly Fee for 1 Adult 10,139.05 kr Very High 21st/336 3rd/142 1st/29
Tennis Court Rent (1 Hour on Weekend) 4,816.67 kr Very High 17th/233 5th/92 3rd/19
Cinema, International Release, 1 Seat 2,190.00 kr Very High 22th/310 17th/128 13th/25
ChildcareValue World
Position
World
Ranking
Europe
Ranking
Northern Europe
Ranking
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 38,078.11 kr Low 189th/279 89th/109 15th/20
International Primary School, Yearly for 1 Child 3,744,295.00 kr
Clothing And ShoesValue World
Position
World
Ranking
Europe
Ranking
Northern Europe
Ranking
1 Pair of Jeans (Levis 501 Or Similar) 17,452.67 kr Very High 2nd/333 2nd/140 1st/29
1 Summer Dress in a Chain Store (Zara, H&M, ...) 7,570.71 kr Very High 23th/319 10th/132 3rd/28
1 Pair of Nike Running Shoes (Mid-Range) 22,346.76 kr Very High 1st/336 1st/141 1st/29
1 Pair of Men Leather Business Shoes 31,075.00 kr Very High 1st/325 1st/134 1st/28
Rent Per MonthValue World
Position
World
Ranking
Europe
Ranking
Northern Europe
Ranking
Apartment (1 bedroom) in City Centre 275,476.19 kr Very High 25th/340 6th/142 3rd/29
Apartment (1 bedroom) Outside of Centre 254,782.61 kr Very High 13th/340 3rd/143 2nd/29
Apartment (3 bedrooms) in City Centre 395,541.67 kr Very High 46th/336 15th/140 6th/29
Apartment (3 bedrooms) Outside of Centre 341,272.73 kr Very High 31st/340 8th/143 3rd/29
Buy Apartment PriceValue World
Position
World
Ranking
Europe
Ranking
Northern Europe
Ranking
Price per Square Feet to Buy Apartment in City Centre 87,516.24 kr Very High 54th/291 26th/124 8th/22
Price per Square Feet to Buy Apartment Outside of Centre 73,795.28 kr Very High 36th/285 16th/125 5th/22
Salaries And FinancingValue World
Position
World
Ranking
Europe
Ranking
Northern Europe
Ranking
Average Monthly Net Salary (After Tax) 527,515.98 kr Very High 43th/339 13th/143 4th/29
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.53 High 75th/319 17th/138 1st/27
For more details about the prices shown 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