Cost of living in Oslo (Norway) is 26% cheaper than in Reykjavik (Iceland)
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WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 746 prices entered by 99 different people.
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Currency:
Food | - 25% | |||
---|---|---|---|---|
Food in Oslo (Norway) is 25% cheaper than in Reykjavik (Iceland) | ||||
Update prices | Update prices | |||
Oslo | Reykjavik | Diff | ||
Basic lunchtime menu (including a drink) in the business district | kr 204 (2,608 kr) | 3,734 kr | - 30% | |
Combo meal in fast food restaurant (big mac meal or similar) | kr 133 (1,694 kr) | 2,912 kr | - 42% | |
500 gr (1 lb.) of boneless chicken breast | kr 75 (958 kr) | 1,336 kr | - 28% | |
1 liter (1 qt.) of whole fat milk | kr 23 (290 kr) | 230 kr | + 26% | |
12 eggs, large | kr 45 (572 kr) | 969 kr | - 41% | |
1 kg (2 lb.) of tomatoes | kr 48 (609 kr) | 671 kr | - 9% | |
500 gr (16 oz.) of local cheese | kr 66 (837 kr) | 1,308 kr | - 36% | |
1 kg (2 lb.) of apples | kr 31 (391 kr) | 357 kr | + 9% | |
1 kg (2 lb.) of potatoes | kr 22 (279 kr) | 429 kr | - 35% | |
0.5 l (16 oz) domestic beer in the supermarket | kr 34 (435 kr) | 570 kr | - 24% | |
1 bottle of red table wine, good quality | kr 188 (2,396 kr) | 3,780 kr | - 37% | |
2 liters of coca-cola | kr 38 (480 kr) | 348 kr | + 38% | |
Bread for 2 people for 1 day | kr 34 (438 kr) | 469 kr | - 7% | |
Housing | - 22% | |||
Housing in Oslo (Norway) is 22% cheaper than in Reykjavik (Iceland) | ||||
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Oslo | Reykjavik | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | kr 24,017 (306,722 kr) | 331,145 kr | - 7% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | kr 18,079 (230,882 kr) | 275,733 kr | - 16% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | kr 2,597 (33,166 kr) | 47,688 kr | - 30% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | kr 15,764 (201,319 kr) | 235,307 kr | - 14% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | kr 12,573 (160,572 kr) | 167,660 kr | - 4% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | kr 1,916 (24,470 kr) | 38,801 kr | - 37% | |
Internet 8 mbps (1 month) | kr 487 (6,224 kr) | 11,785 kr | - 47% | |
40” flat screen tv | kr 4,067 (51,943 kr) | 102,930 kr | - 50% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | kr 1,365 (17,437 kr) | 28,871 kr | - 40% | |
Laundry detergent (3 l. ~ 100 oz.) | kr 81 (1,031 kr) | 2,604 kr | - 60% | |
Hourly rate for cleaning help | kr 340 (4,342 kr) | 5,948 kr | - 27% | |
Clothes | - 46% | |||
Clothes in Oslo (Norway) is 46% cheaper than in Reykjavik (Iceland) | ||||
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Oslo | Reykjavik | Diff | ||
1 pair of jeans (levis 501 or similar) | kr 965 (12,323 kr) | 19,374 kr | - 36% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | kr 470 (5,997 kr) | 12,510 kr | - 52% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | kr 1,101 (14,056 kr) | 26,016 kr | - 46% | |
1 pair of men’s leather business shoes | kr 1,555 (19,858 kr) | 33,818 kr | - 41% | |
Transportation | - 17% | |||
Transportation in Oslo (Norway) is 17% cheaper than in Reykjavik (Iceland) | ||||
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Oslo | Reykjavik | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | kr 431,550 (5,511,321 kr) | 5,926,530 kr | - 7% | |
1 liter (1/4 gallon) of gas | kr 22 (282 kr) | 319 kr | - 12% | |
Monthly ticket public transport | kr 840 (10,730 kr) | 11,385 kr | - 6% | |
Taxi trip on a business day, basic tariff, 8 km. (5 miles) | kr 290 (3,698 kr) | 9,905 kr | - 63% | |
Personal Care | - 33% | |||
Personal Care in Oslo (Norway) is 33% cheaper than in Reykjavik (Iceland) | ||||
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Oslo | Reykjavik | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | kr 55 (706 kr) | 1,380 kr | - 49% | |
1 box of antibiotics (12 doses) | kr 91 (1,166 kr) | 1,917 kr | - 39% | |
Short visit to private doctor (15 minutes) | kr 541 (6,908 kr) | 11,410 kr | - 39% | |
1 box of 32 tampons (tampax, ob, ...) | kr 46 (590 kr) | 697 kr | - 15% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | kr 38 (479 kr) | 690 kr | - 30% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | kr 47 (603 kr) | 723 kr | - 17% | |
4 rolls of toilet paper | kr 27 (351 kr) | 640 kr | - 45% | |
Tube of toothpaste | kr 27 (345 kr) | 448 kr | - 23% | |
Standard men's haircut in expat area of the city | kr 439 (5,604 kr) | 6,515 kr | - 14% | |
Entertainment | - 42% | |||
Entertainment in Oslo (Norway) is 42% cheaper than in Reykjavik (Iceland) | ||||
Update prices | Update prices | |||
Oslo | Reykjavik | Diff | ||
Basic dinner out for two in neighborhood pub | kr 719 (9,179 kr) | 10,481 kr | - 12% | |
2 tickets to the movies | kr 323 (4,131 kr) | 3,967 kr | + 4% | |
2 tickets to the theater (best available seats) | kr 940 (11,998 kr) | 14,457 kr | - 17% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | kr 1,034 (13,210 kr) | 22,876 kr | - 42% | |
1 cocktail drink in downtown club | kr 171 (2,185 kr) | 2,976 kr | - 27% | |
Cappuccino in expat area of the city | kr 48 (609 kr) | 700 kr | - 13% | |
1 beer in neighbourhood pub (500ml or 1pt.) | kr 103 (1,316 kr) | 1,332 kr | - 1% | |
Ipad wi-fi 128gb | kr 5,112 (65,285 kr) | 106,630 kr | - 39% | |
1 min. of prepaid mobile tariff (no discounts or plans) | kr 1.05 (13 kr) | 57 kr | - 76% | |
1 month of gym membership in business district | kr 510 (6,511 kr) | 26,467 kr | - 75% | |
1 package of marlboro cigarettes | kr 151 (1,929 kr) | 1,796 kr | + 7% | |
TOTAL | - 26% |
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 746 prices entered by 99 different people.
These prices were last updated on March 19, 2024.
Exchange rate:
12.771
ISK
/
NOK
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For example, to keep the same standard of living that would require 1,050,000 kr in Reykjavik you would need to make just about 773,235 kr (kr 60,546) in Oslo.
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