Cost of living in Reykjavik (Iceland) is 83% more expensive than in Malaga (Spain)
This comparison is based on abundant and consistent data. It is based on 390 prices entered by 55 different people.
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Currency:
| Food | + 88% | |||
|---|---|---|---|---|
| Food in Reykjavik (Iceland) is 88% more expensive than in Malaga (Spain) | ||||
| Update prices | Update prices | |||
| Reykjavik | Malaga | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 2,674 kr (€18) | €17 | + 7% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 1,787 kr (€12) | €8 | + 55% | |
| 500 gr (1 lb.) of boneless chicken breast | 961 kr (€6) | €3.06 | + 110% | |
| 1 liter (1 qt.) of whole fat milk | 190 kr (€1.27) | €0.82 | + 55% | |
| 12 eggs, large | 788 kr (€5.28) | €2.07 | + 154% | |
| 1 kg (2 lb.) of tomatoes | 572 kr (€3.83) | €1.29 | + 197% | |
| 500 gr (16 oz.) of local cheese | 852 kr (€5.70) | €5.83 | - 2% | |
| 1 kg (2 lb.) of apples | 317 kr (€2.12) | €1.43 | + 48% | |
| 1 kg (2 lb.) of potatoes | 331 kr (€2.21) | €1.01 | + 118% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 459 kr (€3.08) | €0.75 | + 308% | |
| 1 bottle of red table wine, good quality | 2,821 kr (€19) | €7 | + 172% | |
| 2 liters of coca-cola | 331 kr (€2.22) | €1.67 | + 33% | |
| Bread for 2 people for 1 day | 504 kr (€3.37) | €0.86 | + 293% | |
| Housing | + 108% | |||
| Housing in Reykjavik (Iceland) is 108% more expensive than in Malaga (Spain) | ||||
| Update prices | Update prices | |||
| Reykjavik | Malaga | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 301,800 kr (€2,021) | €1,002 | + 102% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 267,065 kr (€1,788) | €672 | + 166% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | - | €99 | - | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 205,251 kr (€1,374) | €574 | + 139% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 170,620 kr (€1,142) | €442 | + 158% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | - | €76 | - | |
| Internet 8 mbps (1 month) | 9,153 kr (€61) | €29 | + 110% | |
| 40” flat screen tv | 97,992 kr (€656) | €366 | + 79% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | - | €86 | - | |
| Laundry detergent (3 l. ~ 100 oz.) | - | €5.16 | - | |
| Hourly rate for cleaning help | 4,144 kr (€28) | €9 | + 194% | |
| Clothes | + 82% | |||
| Clothes in Reykjavik (Iceland) is 82% more expensive than in Malaga (Spain) | ||||
| Update prices | Update prices | |||
| Reykjavik | Malaga | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 15,871 kr (€106) | €68 | + 56% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 7,315 kr (€49) | €24 | + 102% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 18,995 kr (€127) | €69 | + 85% | |
| 1 pair of men’s leather business shoes | 25,454 kr (€170) | €95 | + 80% | |
| Transportation | + 79% | |||
| Transportation in Reykjavik (Iceland) is 79% more expensive than in Malaga (Spain) | ||||
| Update prices | Update prices | |||
| Reykjavik | Malaga | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 3,899,760 kr (€26,109) | €22,335 | + 17% | |
| 1 liter (1/4 gallon) of gas | 228 kr (€1.53) | €1.31 | + 17% | |
| Monthly ticket public transport | 13,260 kr (€89) | €35 | + 152% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 3,404 kr (€23) | €15 | + 50% | |
| Personal Care | + 25% | |||
| Personal Care in Reykjavik (Iceland) is 25% more expensive than in Malaga (Spain) | ||||
| Update prices | Update prices | |||
| Reykjavik | Malaga | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | - | €4.65 | - | |
| 1 box of antibiotics (12 doses) | 1,999 kr (€13) | €7 | + 91% | |
| Short visit to private doctor (15 minutes) | 6,835 kr (€46) | €54 | - 16% | |
| 1 box of 32 tampons (tampax, ob, ...) | - | €3.73 | - | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | - | €2.92 | - | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 676 kr (€4.53) | €2.43 | + 87% | |
| 4 rolls of toilet paper | 485 kr (€3.24) | €1.66 | + 96% | |
| Tube of toothpaste | - | €1.62 | - | |
| Standard men's haircut in expat area of the city | 5,671 kr (€38) | €14 | + 177% | |
| Entertainment | + 55% | |||
| Entertainment in Reykjavik (Iceland) is 55% more expensive than in Malaga (Spain) | ||||
| Update prices | Update prices | |||
| Reykjavik | Malaga | Diff | ||
| Basic dinner out for two in neighborhood pub | 7,096 kr (€48) | €24 | + 99% | |
| 2 tickets to the movies | 3,223 kr (€22) | €14 | + 50% | |
| 2 tickets to the theater (best available seats) | - | €63 | - | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 14,645 kr (€98) | €32 | + 204% | |
| 1 cocktail drink in downtown club | 2,560 kr (€17) | €8 | + 121% | |
| Cappuccino in expat area of the city | 599 kr (€4.01) | €2.80 | + 43% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,191 kr (€8) | €4.23 | + 89% | |
| Ipad wi-fi 128gb | - | €442 | - | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 21 kr (€0.14) | €0.14 | - 1% | |
| 1 month of gym membership in business district | 7,357 kr (€49) | €47 | + 5% | |
| 1 package of marlboro cigarettes | 1,511 kr (€10) | €4.98 | + 103% | |
 |
TOTAL | + 83% | ||
These prices were last updated on October 17, 2021.
Exchange rate:
0.00670
EUR
/
ISK
This comparison is based on abundant and consistent data. It is based on 390 prices entered by 55 different people.
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For example, you would need at least €5,843 (872,680 kr) in Reykjavik to maintain the same standard of living that you can have with €3,200 in Malaga.
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