Cost of living in Reykjavik, Iceland vs Melbourne, Australia

TOTAL + 17%
warning This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 1,123 prices entered by 150 different people.
These prices were last updated on February 28, 2021. Exchange rate: 0.01019 AUD / ISK

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Cost of living in Reykjavik (Iceland) is 17% more expensive than in Melbourne (Australia)

For example, you would need at least AU$10,539 (1,033,790 kr) in Reykjavik to maintain the same standard of living that you can have with AU$9,000 in Melbourne.

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