Cost of Living in
Reykjavik
Comprehensive urban intelligence for Reykjavik, Iceland. Analyzing market prices, safety metrics, and quality of life indices in real-time.
72Global Quality Score
QoL Index
Safety & Security
74
Healthcare System
65
Purchasing Power
85
Climate & Air
78
Rent Per Month
Price per Square Feet to Buy Apartment in City Centre$741.62
Price per Square Feet to Buy Apartment Outside of Centre$589.43
3 Bedroom Apartment in City Centre$3,452.90
3 Bedroom Apartment Outside of City Centre$2,722.23
1 Bedroom Apartment in City Centre$2,442.70
1 Bedroom Apartment Outside of City Centre$1,995.76
Tennis Court Rental (1 Hour, Weekend)$50.02
Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage)$87.70
General
Private Full-Day Preschool or Kindergarten, Monthly Fee per Child$1,021.37
International Primary School, Annual Tuition per Child$30,701.32
Men's Leather Business Shoes$249.63
Summer Dress in a Chain Store (e.g. Zara or H&M)$66.01
Nike Running Shoes (Mid-Range)$176.97
Jeans (Levi's 501 or Similar)$145.95
Local Cheese (1 lb)$9.16
Oranges (1 lb)$1.48
Onions (1 lb)$0.84
Tomatoes (1 lb)$2.65
Bottle of Wine (Mid-Range)$23.78
Lettuce (1 Head)$2.81
Bananas (1 lb)$1.21
Cigarettes (Pack of 20, Marlboro)$13.94
Potatoes (1 lb)$1.61
Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle)$3.18
Average Monthly Net Salary (After Tax)$4,496.43
Annual Mortgage Interest Rate (20-Year Fixed, in %)$8.63
Volkswagen Golf 1.5 (or Equivalent New Compact Car)$50,754.85
Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car)$53,460.69
Markets
Eggs (12, Large Size)$7.01
Beef Round or Equivalent Back Leg Red Meat (1 lb)$21.24
Bottled Water (50 oz)$1.81
Fresh White Bread (1 lb Loaf)$4.01
Apples (1 lb)$1.51
Chicken Fillets (1 lb)$11.73
White Rice (1 lb)$1.61
Milk (Regular, 1 Liter)$2.03
Bottled Water (12 oz)$2.91
Monthly Public Transport Pass (Regular Price)$91.83
Restaurants
Domestic Beer (16.9 oz Bottle)$3.82
Imported Beer (12 oz Small Bottle)$3.60
Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks)$122.99
Domestic Draft Beer (1 Pint)$13.12
Meal at an Inexpensive Restaurant$28.70
Cappuccino (Regular Size)$6.61
Combo Meal at McDonald's (or Equivalent Fast-Food Meal)$24.19
Sports And Leisure
Monthly Fitness Club Membership$92.76
Cinema Ticket (International Release)$19.27
Transportation
Taxi 1 mile (Standard Tariff)$4.55
Taxi 1 Hour Waiting (Standard Tariff)$73.80
One-Way Ticket (Local Transport)$5.49
Gasoline (1 Liter)$2.37
Taxi Start (Standard Tariff)$6.72
Utilities (Monthly)
Mobile Phone Plan (Monthly, with Calls and 10GB+ Data)$31.60
Broadband Internet (Unlimited Data, 60 Mbps or Higher)$84.78