Cost of living in Reykjavik, Iceland vs Ghent, Belgium
Currency:
| Food | + 56% | |||
|---|---|---|---|---|
| Food in Reykjavik (Iceland) is 56% more expensive than in Ghent (Belgium) | ||||
| Basic lunchtime menu (including a drink) in the business district | 3,127 kr (€20) | €16 | + 27% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 1,806 kr (€12) | €9 | + 36% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,180 kr (€8) | €3.67 | + 109% | |
| 1 liter (1 qt.) of whole fat milk | 172 kr (€1.12) | €0.97 | + 15% | |
| 12 eggs, large | 788 kr (€5.13) | €2.28 | + 125% | |
| 1 kg (2 lb.) of tomatoes | 578 kr (€3.76) | €1.87 | + 101% | |
| 500 gr (16 oz.) of local cheese | 1,023 kr (€7) | €5.47 | + 22% | |
| 1 kg (2 lb.) of apples | 447 kr (€2.90) | €1.70 | + 71% | |
| 1 kg (2 lb.) of potatoes | 375 kr (€2.44) | €1.22 | + 100% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 399 kr (€2.60) | €1.71 | + 52% | |
| 1 bottle of red table wine, good quality | 3,367 kr (€22) | €7 | + 220% | |
| 2 liters of coca-cola | 321 kr (€2.09) | €2.45 | - 15% | |
| Bread for 2 people for 1 day | 327 kr (€2.13) | €1.18 | + 80% | |
| Housing | + 60% | |||
| Housing in Reykjavik (Iceland) is 60% more expensive than in Ghent (Belgium) | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 261,838 kr (€1,703) | €1,020 | + 67% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 232,894 kr (€1,515) | €836 | + 81% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 18,704 kr (€122) | €155 | - 22% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 191,469 kr (€1,246) | €779 | + 60% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 155,726 kr (€1,013) | €531 | + 91% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 13,134 kr (€85) | €123 | - 31% | |
| Internet 8 mbps (1 month) | 7,440 kr (€48) | €29 | + 67% | |
| 40” flat screen tv | 101,511 kr (€660) | €383 | + 72% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 24,102 kr (€157) | €117 | + 34% | |
| Laundry detergent (3 l. ~ 100 oz.) | 1,913 kr (€12) | €11 | + 18% | |
| Hourly rate for cleaning help | 4,327 kr (€28) | €10 | + 191% | |
| Clothes | + 36% | |||
| Clothes in Reykjavik (Iceland) is 36% more expensive than in Ghent (Belgium) | ||||
| 1 pair of jeans (levis 501 or similar) | 17,416 kr (€113) | €79 | + 44% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 8,404 kr (€55) | €43 | + 28% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 21,041 kr (€137) | €93 | + 47% | |
| 1 pair of men’s leather business shoes | 27,448 kr (€179) | €129 | + 39% | |
| Transportation | + 35% | |||
| Transportation in Reykjavik (Iceland) is 35% more expensive than in Ghent (Belgium) | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 3,711,350 kr (€24,146) | €23,515 | + 3% | |
| 1 liter (1/4 gallon) of gas | 231 kr (€1.50) | €1.34 | + 12% | |
| Monthly ticket public transport | 12,980 kr (€84) | €48 | + 77% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 3,332 kr (€22) | €28 | - 21% | |
| Personal Care | + 38% | |||
| Personal Care in Reykjavik (Iceland) is 38% more expensive than in Ghent (Belgium) | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 1,366 kr (€9) | €7 | + 26% | |
| 1 box of antibiotics (12 doses) | 2,029 kr (€13) | €9 | + 39% | |
| Short visit to private doctor (15 minutes) | 5,604 kr (€36) | €26 | + 39% | |
| 1 box of 32 tampons (tampax, ob, ...) | 661 kr (€4.30) | €4.50 | - 4% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 604 kr (€3.93) | €3.72 | + 6% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 667 kr (€4.34) | €3.39 | + 28% | |
| 4 rolls of toilet paper | 480 kr (€3.12) | €1.36 | + 130% | |
| Tube of toothpaste | 414 kr (€2.69) | €2.40 | + 12% | |
| Standard men's haircut in expat area of the city | 5,775 kr (€38) | €22 | + 73% | |
| Entertainment | + 30% | |||
| Entertainment in Reykjavik (Iceland) is 30% more expensive than in Ghent (Belgium) | ||||
| Basic dinner out for two in neighborhood pub | 7,167 kr (€47) | €35 | + 33% | |
| 2 tickets to the movies | 3,144 kr (€20) | €21 | - 0% | |
| 2 tickets to the theater (best available seats) | 12,001 kr (€78) | €48 | + 64% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 11,714 kr (€76) | €51 | + 49% | |
| 1 cocktail drink in downtown club | 2,559 kr (€17) | €8 | + 104% | |
| Cappuccino in expat area of the city | 687 kr (€4.47) | €3.09 | + 45% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,111 kr (€7) | €4.65 | + 56% | |
| Ipad wi-fi 128gb | 85,553 kr (€557) | €438 | + 27% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 20 kr (€0.13) | €0.23 | - 44% | |
| 1 month of gym membership in business district | 8,187 kr (€53) | €27 | + 98% | |
| 1 package of marlboro cigarettes | 1,463 kr (€10) | €6 | + 50% | |
| TOTAL | + 46% | |||
This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 156 prices entered by 20 different people.
These prices were last updated on March 02, 2021.
Exchange rate:
0.00651
EUR
/
ISK
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Cost of living in Reykjavik (Iceland) is 46% more expensive than in Ghent (Belgium)
For example, you would need at least €4,522 (695,136 kr) in Reykjavik to maintain the same standard of living that you can have with €3,100 in Ghent.
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