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Cost of Living Index:
Reykjavík, Iceland 🇮🇸 - 2024
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82.85 High
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 – Reykjavík
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-
Basket of goods and services for 1 person – $8 971.89 per month
1533.77% more expensive compared to: New York
-
Average rent price for a 1-bedroom apartment – $23 207.87 per month
822.87% more expensive compared to: New York
-
Cost of entertainment for 1 adult – $5 653.35 per month
1234.82% more expensive compared to: New York
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Reykjavík, Iceland
See the average salary in the quality of life index research
See the cost of a child's education in the table below
Local prices: Reykjavík
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
132
264
1 520
61.09
133
--/--
Min
117
235
1 459
58.03
122
--/--
Max
139
269
1 581
67.80
138
--/--
Food prices
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Pack of 10 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
79.20
19.05
78.14
19.37
86.85
46.43
113
15.33
--/--
29.13
178
16.73
26.54
157
256
40.80
Min
72.87
18.67
68.76
18.20
80.77
43.18
104
13.49
--/--
27.38
157
15.22
24.95
144
246
37.13
Max
83.16
19.62
80.48
21.11
89.46
50.61
126
17.17
--/--
30.29
198
17.39
27.34
165
287
45.70
Transportation services
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Cost of a single city bus fare
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Cost of a single subway fare
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Average cost of a typical taxi ride
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Avg, USD
52.26
--/--
--/--
Min
51.21
--/--
--/--
Max
56.96
--/--
--/--
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
554 609
115
--/--
--/--
--/--
Min
488 056
106
--/--
--/--
--/--
Max
615 616
125
--/--
--/--
--/--
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
1 164
301
851
6 545
23 208
Min
1 036
295
834
6 349
22 047
Max
1 234
325
919
7 265
24 368
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
895
1 863
1 390
190
3 262
79 016
Min
797
1 751
1 279
186
2 968
69 534
Max
940
1 993
1 543
200
3 360
85 337
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Reykjavík, Iceland 🇮🇸
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↵Translation: English 🇬🇧
Country name
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