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Cost of living index > Iceland > Reykjahlíð

Cost of Living Index:
Reykjahlíð, Iceland 🇮🇸 - 2025

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46.93 Low

Cost of Living Index

Calculated for 1 adult with a car, without children and insurance. The higher the value, the worse!

Summary: cost of living – Reykjahlíð

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Basket of goods and services for 1 person – $720.30 per month

14.93% more expensive compared to: New York
Average rent price for a 1-bedroom apartment – $584.93 per month

77.22% cheaper compared to: New York
Cost of entertainment for 1 adult – $364.79 per month

38.49% cheaper compared to: New York

How is this index calculated?

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Reykjahlíð, Iceland

See the average salary in the quality of life index research

Local prices: Reykjahlíð

AED

– 🇦🇪 United Arab Emirates Dirham

AFN

– 🇦🇫 Afghan Afghani

ALL

– 🇦🇱 Albanian Lek

AMD

– 🇦🇲 Armenian Dram

ANG

– 🇳🇱 Netherlands Antillean Guilder

AOA

– 🇦🇴 Angolan Kwanza

ARS

– 🇦🇷 Argentine Peso

AUD

– 🇦🇺 Australian Dollar

AWG

– 🇦🇼 Aruban Florin

AZN

– 🇦🇿 Azerbaijani Manat

BAM

– 🇧🇦 Bosnia-Herzegovina Convertible Mark

BBD

– 🇧🇧 Barbadian Dollar

BDT

– 🇧🇩 Bangladeshi Taka

BGN

– 🇧🇬 Bulgarian Lev

BHD

– 🇧🇭 Bahraini Dinar

BIF

– 🇧🇮 Burundian Franc

BMD

– 🇧🇲 Bermudan Dollar

BND

– 🇧🇳 Brunei Dollar

BOB

– 🇧🇴 Bolivian Boliviano

BRL

– 🇧🇷 Brazilian Real

BSD

– 🇧🇸 Bahamian Dollar

BTC

– ₿ Bitcoin

BTN

– 🇧🇹 Bhutanese Ngultrum

BWP

– 🇧🇼 Botswanan Pula

BYN

– 🇧🇾 Belarusian Ruble

BZD

– 🇧🇿 Belize Dollar

CAD

– 🇨🇦 Canadian Dollar

CDF

– 🇨🇩 Congolese Franc

CHF

– 🇨🇭 Swiss Franc

CLF

– 🇨🇱 Chilean Unit of Account (UF)

CLP

– 🇨🇱 Chilean Peso

CNH

– 🇨🇳 Chinese Yuan (Offshore)

CNY

– 🇨🇳 Chinese Yuan

COP

– 🇨🇴 Colombian Peso

CRC

– 🇨🇷 Costa Rican Colón

CUC

– 🇨🇺 Cuban Convertible Peso

CUP

– 🇨🇺 Cuban Peso

CVE

– 🇨🇻 Cape Verdean Escudo

CZK

– 🇨🇿 Czech Republic Koruna

DJF

– 🇩🇯 Djiboutian Franc

DKK

– 🇩🇰 Danish Krone

DOP

– 🇩🇴 Dominican Peso

DZD

– 🇩🇿 Algerian Dinar

EGP

– 🇪🇬 Egyptian Pound

ERN

– 🇪🇷 Eritrean Nakfa

ETB

– 🇪🇹 Ethiopian Birr

EUR

– 🇪🇺 Euro

FJD

– 🇫🇯 Fijian Dollar

FKP

– 🇫🇰 Falkland Islands Pound

GBP

– 🇬🇧 British Pound Sterling

GEL

– 🇬🇪 Georgian Lari

GGP

– Guernsey Pound

GHS

– 🇬🇭 Ghanaian Cedi

GIP

– 🇬🇮 Gibraltar Pound

GMD

– 🇬🇲 Gambian Dalasi

GNF

– 🇬🇳 Guinean Franc

GTQ

– 🇬🇹 Guatemalan Quetzal

GYD

– 🇬🇾 Guyanaese Dollar

HKD

– 🇭🇰 Hong Kong Dollar

HNL

– 🇭🇳 Honduran Lempira

HRK

– 🇭🇷 Croatian Kuna

HTG

– 🇭🇹 Haitian Gourde

HUF

– 🇭🇺 Hungarian Forint

IDR

– 🇮🇩 Indonesian Rupiah

ILS

– 🇮🇱 Israeli New Sheqel

IMP

– Manx pound

INR

– 🇮🇳 Indian Rupee

IQD

– 🇮🇶 Iraqi Dinar

IRR

– 🇮🇷 Iranian Rial

ISK

– 🇮🇸 Icelandic Króna

JEP

– Jersey Pound

JMD

– 🇯🇲 Jamaican Dollar

JOD

– 🇯🇴 Jordanian Dinar

JPY

– 🇯🇵 Japanese Yen

KES

– 🇰🇪 Kenyan Shilling

KGS

– 🇰🇬 Kyrgystani Som

KHR

– 🇰🇭 Cambodian Riel

KMF

– 🇰🇲 Comorian Franc

KPW

– 🇰🇵 North Korean Won

KRW

– 🇰🇷 South Korean Won

KWD

– 🇰🇼 Kuwaiti Dinar

KYD

– 🇰🇾 Cayman Islands Dollar

KZT

– 🇰🇿 Kazakhstani Tenge

LAK

– 🇱🇦 Laotian Kip

LBP

– 🇱🇧 Lebanese Pound

LKR

– 🇱🇰 Sri Lankan Rupee

LRD

– 🇱🇷 Liberian Dollar

LSL

– 🇱🇸 Lesotho Loti

LYD

– 🇱🇾 Libyan Dinar

MAD

– 🇲🇦 Moroccan Dirham

MDL

– 🇲🇩 Moldovan Leu

MGA

– 🇲🇬 Malagasy Ariary

MKD

– 🇲🇰 Macedonian Denar

MMK

– 🇲🇲 Myanma Kyat

MNT

– 🇲🇳 Mongolian Tugrik

MOP

– 🇲🇴 Macanese Pataca

MRU

– Mauritanian Ouguiya

MUR

– 🇲🇺 Mauritian Rupee

MVR

– 🇲🇻 Maldivian Rufiyaa

MWK

– 🇲🇼 Malawian Kwacha

MXN

– 🇲🇽 Mexican Peso

MYR

– 🇲🇾 Malaysian Ringgit

MZN

– 🇲🇿 Mozambican Metical

NAD

– 🇳🇦 Namibian Dollar

NGN

– 🇳🇬 Nigerian Naira

NIO

– 🇳🇮 Nicaraguan Córdoba

NOK

– 🇳🇴 Norwegian Krone

NPR

– 🇳🇵 Nepalese Rupee

NZD

– 🇳🇿 New Zealand Dollar

OMR

– 🇴🇲 Omani Rial

PAB

– 🇵🇦 Panamanian Balboa

PEN

– 🇵🇪 Peruvian Nuevo Sol

PGK

– 🇵🇬 Papua New Guinean Kina

PHP

– 🇵🇭 Philippine Peso

PKR

– 🇵🇰 Pakistani Rupee

PLN

– 🇵🇱 Polish Zloty

PYG

– 🇵🇾 Paraguayan Guarani

QAR

– 🇶🇦 Qatari Rial

RON

– 🇷🇴 Romanian Leu

RSD

– 🇷🇸 Serbian Dinar

RUB

– 🇷🇺 Russian Ruble

RWF

– 🇷🇼 Rwandan Franc

SAR

– 🇸🇦 Saudi Riyal

SBD

– 🇸🇧 Solomon Islands Dollar

SCR

– 🇸🇨 Seychellois Rupee

SDG

– 🇸🇩 Sudanese Pound

SEK

– 🇸🇪 Swedish Krona

SGD

– 🇸🇬 Singapore Dollar

SHP

– 🇸🇭 Saint Helena Pound

SLL

– 🇸🇱 Sierra Leonean Leone

SOS

– 🇸🇴 Somali Shilling

SRD

– 🇸🇷 Surinamese Dollar

SSP

– South Sudanese Pound

STD

– 🇸🇹 São Tomé and Príncipe Dobra (pre-2018)

STN

– São Tomé and Príncipe Dobra

SVC

– Salvadoran Colón

SYP

– 🇸🇾 Syrian Pound

SZL

– 🇸🇿 Swazi Lilangeni

THB

– 🇹🇭 Thai Baht

TJS

– 🇹🇯 Tajikistani Somoni

TMT

– 🇹🇲 Turkmenistani Manat

TND

– 🇹🇳 Tunisian Dinar

TOP

– 🇹🇴 Tongan Pa'anga

TRY

– 🇹🇷 Turkish Lira

TTD

– 🇹🇹 Trinidad and Tobago Dollar

TWD

– 🇹🇼 New Taiwan Dollar

TZS

– 🇹🇿 Tanzanian Shilling

UAH

– 🇺🇦 Ukrainian Hryvnia

UGX

– 🇺🇬 Ugandan Shilling

USD

– 🇺🇸 United States Dollar

UYU

– 🇺🇾 Uruguayan Peso

UZS

– 🇺🇿 Uzbekistan Som

VES

– 🇻🇪 Venezuelan Bolívar Soberano

VND

– 🇻🇳 Vietnamese Dong

VUV

– 🇻🇺 Vanuatu Vatu

WST

– 🇼🇸 Samoan Tala

XAF

– 🇨🇲 CFA Franc BEAC

XAG

– Silver Ounce

XAU

– Gold Ounce

XCD

– 🇦🇮 East Caribbean Dollar

XDR

– Special Drawing Rights

XOF

– 🇧🇯 CFA Franc BCEAO

XPD

– Palladium Ounce

XPF

– 🇵🇫 CFP Franc

XPT

– Platinum Ounce

YER

– 🇾🇪 Yemeni Rial

ZAR

– 🇿🇦 South African Rand

ZMW

– 🇿🇲 Zambian Kwacha

ZWL

– 🇿🇼 Zimbabwean Dollar

No matches

Cafe & restaurants Food prices Transportation services Own and maintain a car Real estate and rental apartments Education, leisure and shopping

Cafe & restaurants

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Hamburger such as a Big Mac at McDonald's

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Lunch in an inexpensive cafe for 1 person

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Dinner for two in a middle class restaurant

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A cup of cappuccino, such as Starbucks or similar

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A glass of beer in a regular bar (16 oz)

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A glass of wine in a middle class restaurant

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Avg, USD

6.34

14.33

66.21

5.18

10.86

9.75

Min

5.80

12.98

59.98

4.79

10.23

9.01

Max

6.94

15.18

70.73

5.81

11.79

10.33

Food prices

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Standard pack of chicken eggs

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Regular apples (1 lb)

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Regular milk (1 gallon)

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White rice (1 lb)

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Domestic cheese (1 lb)

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A loaf of fresh bread

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Chicken fillets (1 lb)

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Regular oranges (1 lb)

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Bottle of Coca-Cola (16 oz)

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Regular tomatos (1 lb)

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Beef (1 lb)

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Regular potato (1 lb)

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Bottle of plain, non-carbonated water (16 oz)

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Pack of 20 cigarettes (Marlboro)

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Bottle of wine in a regular supermarket (0.75 liters)

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Bottle of beer in a regular supermarket (16 oz)

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Avg, USD

12.04

0.88

8.29

1.50

6.06

1.32

6.50

1.00

2.34

1.00

7.24

1.32

1.45

14.33

15.81

3.34

Min

10.91

0.83

7.74

1.39

5.70

1.22

6.01

0.91

2.14

0.92

6.76

1.19

1.36

12.72

14.46

3.03

Max

13.40

0.94

8.93

1.66

6.53

1.44

7.24

1.09

2.52

1.10

7.93

1.45

1.60

15.95

17.74

3.60

Transportation services

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Cost of a single city bus fare

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Cost of a single subway fare (or tram)

⚠️ There is not enough data

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Average cost of a typical taxi ride

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Avg, USD

3.23

--/--

15.52

Min

2.99

--/--

14.62

Max

3.60

--/--

17.28

Own and maintain a car

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Local price of a new Toyota Corolla 1.6

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Cost of gasoline (1 gallon)

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Cost of changing the oil in the car

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Fine for a first-time speeding violation

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Local price of a new Tesla Model 3

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Avg, USD

24 372

8.11

62.10

140

45 875

Min

22 292

7.42

56.80

132

41 960

Max

26 034

9.10

65.77

152

51 068

Real estate and rental apartments

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Total cost of utilities for a 1-bedroom apartment (monthly)

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Monthly cost of mobile services

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Monthly payment for home Internet

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Outside city center apartment price (1 sq feet)

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Rental cost for a one-bedroom apartment outside the city center

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Avg, USD

155

30.75

62.73

266

585

Min

138

28.69

56.83

244

530

Max

167

33.68

68.70

294

625

Education, leisure and shopping

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Monthly gym membership

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1 Pair of Nike Running Shoes

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1 Pair of Jeans (Levis or similar)

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Cost of a movie ticket for a regular screening

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Cost of attending kindergarten for one month

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Annual cost of attending a private school

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Avg, USD

62.09

107

57.90

12.93

430

10 349

Min

57.37

101

51.41

11.48

393

9 655

Max

69.68

114

62.89

13.92

455

11 521

Specify the value

Reykjahlíð, Iceland 🇮🇸

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AED

– 🇦🇪 United Arab Emirates Dirham

AFN

– 🇦🇫 Afghan Afghani

ALL

– 🇦🇱 Albanian Lek

AMD

– 🇦🇲 Armenian Dram

ANG

– 🇳🇱 Netherlands Antillean Guilder

AOA

– 🇦🇴 Angolan Kwanza

ARS

– 🇦🇷 Argentine Peso

AUD

– 🇦🇺 Australian Dollar

AWG

– 🇦🇼 Aruban Florin

AZN

– 🇦🇿 Azerbaijani Manat

BAM

– 🇧🇦 Bosnia-Herzegovina Convertible Mark

BBD

– 🇧🇧 Barbadian Dollar

BDT

– 🇧🇩 Bangladeshi Taka

BGN

– 🇧🇬 Bulgarian Lev

BHD

– 🇧🇭 Bahraini Dinar

BIF

– 🇧🇮 Burundian Franc

BMD

– 🇧🇲 Bermudan Dollar

BND

– 🇧🇳 Brunei Dollar

BOB

– 🇧🇴 Bolivian Boliviano

BRL

– 🇧🇷 Brazilian Real

BSD

– 🇧🇸 Bahamian Dollar

BTC

– ₿ Bitcoin

BTN

– 🇧🇹 Bhutanese Ngultrum

BWP

– 🇧🇼 Botswanan Pula

BYN

– 🇧🇾 Belarusian Ruble

BZD

– 🇧🇿 Belize Dollar

CAD

– 🇨🇦 Canadian Dollar

CDF

– 🇨🇩 Congolese Franc

CHF

– 🇨🇭 Swiss Franc

CLF

– 🇨🇱 Chilean Unit of Account (UF)

CLP

– 🇨🇱 Chilean Peso

CNH

– 🇨🇳 Chinese Yuan (Offshore)

CNY

– 🇨🇳 Chinese Yuan

COP

– 🇨🇴 Colombian Peso

CRC

– 🇨🇷 Costa Rican Colón

CUC

– 🇨🇺 Cuban Convertible Peso

CUP

– 🇨🇺 Cuban Peso

CVE

– 🇨🇻 Cape Verdean Escudo

CZK

– 🇨🇿 Czech Republic Koruna

DJF

– 🇩🇯 Djiboutian Franc

DKK

– 🇩🇰 Danish Krone

DOP

– 🇩🇴 Dominican Peso

DZD

– 🇩🇿 Algerian Dinar

EGP

– 🇪🇬 Egyptian Pound

ERN

– 🇪🇷 Eritrean Nakfa

ETB

– 🇪🇹 Ethiopian Birr

EUR

– 🇪🇺 Euro

FJD

– 🇫🇯 Fijian Dollar

FKP

– 🇫🇰 Falkland Islands Pound

GBP

– 🇬🇧 British Pound Sterling

GEL

– 🇬🇪 Georgian Lari

GGP

– Guernsey Pound

GHS

– 🇬🇭 Ghanaian Cedi

GIP

– 🇬🇮 Gibraltar Pound

GMD

– 🇬🇲 Gambian Dalasi

GNF

– 🇬🇳 Guinean Franc

GTQ

– 🇬🇹 Guatemalan Quetzal

GYD

– 🇬🇾 Guyanaese Dollar

HKD

– 🇭🇰 Hong Kong Dollar

HNL

– 🇭🇳 Honduran Lempira

HRK

– 🇭🇷 Croatian Kuna

HTG

– 🇭🇹 Haitian Gourde

HUF

– 🇭🇺 Hungarian Forint

IDR

– 🇮🇩 Indonesian Rupiah

ILS

– 🇮🇱 Israeli New Sheqel

IMP

– Manx pound

INR

– 🇮🇳 Indian Rupee

IQD

– 🇮🇶 Iraqi Dinar

IRR

– 🇮🇷 Iranian Rial

ISK

– 🇮🇸 Icelandic Króna

JEP

– Jersey Pound

JMD

– 🇯🇲 Jamaican Dollar

JOD

– 🇯🇴 Jordanian Dinar

JPY

– 🇯🇵 Japanese Yen

KES

– 🇰🇪 Kenyan Shilling

KGS

– 🇰🇬 Kyrgystani Som

KHR

– 🇰🇭 Cambodian Riel

KMF

– 🇰🇲 Comorian Franc

KPW

– 🇰🇵 North Korean Won

KRW

– 🇰🇷 South Korean Won

KWD

– 🇰🇼 Kuwaiti Dinar

KYD

– 🇰🇾 Cayman Islands Dollar

KZT

– 🇰🇿 Kazakhstani Tenge

LAK

– 🇱🇦 Laotian Kip

LBP

– 🇱🇧 Lebanese Pound

LKR

– 🇱🇰 Sri Lankan Rupee

LRD

– 🇱🇷 Liberian Dollar

LSL

– 🇱🇸 Lesotho Loti

LYD

– 🇱🇾 Libyan Dinar

MAD

– 🇲🇦 Moroccan Dirham

MDL

– 🇲🇩 Moldovan Leu

MGA

– 🇲🇬 Malagasy Ariary

MKD

– 🇲🇰 Macedonian Denar

MMK

– 🇲🇲 Myanma Kyat

MNT

– 🇲🇳 Mongolian Tugrik

MOP

– 🇲🇴 Macanese Pataca

MRU

– Mauritanian Ouguiya

MUR

– 🇲🇺 Mauritian Rupee

MVR

– 🇲🇻 Maldivian Rufiyaa

MWK

– 🇲🇼 Malawian Kwacha

MXN

– 🇲🇽 Mexican Peso

MYR

– 🇲🇾 Malaysian Ringgit

MZN

– 🇲🇿 Mozambican Metical

NAD

– 🇳🇦 Namibian Dollar

NGN

– 🇳🇬 Nigerian Naira

NIO

– 🇳🇮 Nicaraguan Córdoba

NOK

– 🇳🇴 Norwegian Krone

NPR

– 🇳🇵 Nepalese Rupee

NZD

– 🇳🇿 New Zealand Dollar

OMR

– 🇴🇲 Omani Rial

PAB

– 🇵🇦 Panamanian Balboa

PEN

– 🇵🇪 Peruvian Nuevo Sol

PGK

– 🇵🇬 Papua New Guinean Kina

PHP

– 🇵🇭 Philippine Peso

PKR

– 🇵🇰 Pakistani Rupee

PLN

– 🇵🇱 Polish Zloty

PYG

– 🇵🇾 Paraguayan Guarani

QAR

– 🇶🇦 Qatari Rial

RON

– 🇷🇴 Romanian Leu

RSD

– 🇷🇸 Serbian Dinar

RUB

– 🇷🇺 Russian Ruble

RWF

– 🇷🇼 Rwandan Franc

SAR

– 🇸🇦 Saudi Riyal

SBD

– 🇸🇧 Solomon Islands Dollar

SCR

– 🇸🇨 Seychellois Rupee

SDG

– 🇸🇩 Sudanese Pound

SEK

– 🇸🇪 Swedish Krona

SGD

– 🇸🇬 Singapore Dollar

SHP

– 🇸🇭 Saint Helena Pound

SLL

– 🇸🇱 Sierra Leonean Leone

SOS

– 🇸🇴 Somali Shilling

SRD

– 🇸🇷 Surinamese Dollar

SSP

– South Sudanese Pound

STD

– 🇸🇹 São Tomé and Príncipe Dobra (pre-2018)

STN

– São Tomé and Príncipe Dobra

SVC

– Salvadoran Colón

SYP

– 🇸🇾 Syrian Pound

SZL

– 🇸🇿 Swazi Lilangeni

THB

– 🇹🇭 Thai Baht

TJS

– 🇹🇯 Tajikistani Somoni

TMT

– 🇹🇲 Turkmenistani Manat

TND

– 🇹🇳 Tunisian Dinar

TOP

– 🇹🇴 Tongan Pa'anga

TRY

– 🇹🇷 Turkish Lira

TTD

– 🇹🇹 Trinidad and Tobago Dollar

TWD

– 🇹🇼 New Taiwan Dollar

TZS

– 🇹🇿 Tanzanian Shilling

UAH

– 🇺🇦 Ukrainian Hryvnia

UGX

– 🇺🇬 Ugandan Shilling

USD

– 🇺🇸 United States Dollar

UYU

– 🇺🇾 Uruguayan Peso

UZS

– 🇺🇿 Uzbekistan Som

VES

– 🇻🇪 Venezuelan Bolívar Soberano

VND

– 🇻🇳 Vietnamese Dong

VUV

– 🇻🇺 Vanuatu Vatu

WST

– 🇼🇸 Samoan Tala

XAF

– 🇨🇲 CFA Franc BEAC

XAG

– Silver Ounce

XAU

– Gold Ounce

XCD

– 🇦🇮 East Caribbean Dollar

XDR

– Special Drawing Rights

XOF

– 🇧🇯 CFA Franc BCEAO

XPD

– Palladium Ounce

XPF

– 🇵🇫 CFP Franc

XPT

– Platinum Ounce

YER

– 🇾🇪 Yemeni Rial

ZAR

– 🇿🇦 South African Rand

ZMW

– 🇿🇲 Zambian Kwacha

ZWL

– 🇿🇼 Zimbabwean Dollar

No matches

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Translation: English 🇬🇧

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Local prices: Reykjahlíð

Cafe & restaurants

Food prices

Transportation services

Own and maintain a car

Real estate and rental apartments

Education, leisure and shopping