Cost of living in Ramallah (Palestinian Territory) is 31% cheaper than in Reykjavik (Iceland)
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This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 153 prices entered by 17 different people.
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Currency:
Food | - 48% | |||
---|---|---|---|---|
Food in Ramallah (Palestinian Territory) is 48% cheaper than in Reykjavik (Iceland) | ||||
Update prices | Update prices | |||
Ramallah | Reykjavik | Diff | ||
Basic lunchtime menu (including a drink) in the business district | 44 ₪ (1,667 kr) | 2,825 kr | - 41% | |
Combo meal in fast food restaurant (big mac meal or similar) | 33 ₪ (1,248 kr) | 1,801 kr | - 31% | |
500 gr (1 lb.) of boneless chicken breast | 15 ₪ (583 kr) | 1,018 kr | - 43% | |
1 liter (1 qt.) of whole fat milk | 7 ₪ (250 kr) | 191 kr | + 31% | |
12 eggs, large | 11 ₪ (405 kr) | 763 kr | - 47% | |
1 kg (2 lb.) of tomatoes | 4.83 ₪ (184 kr) | 643 kr | - 71% | |
500 gr (16 oz.) of local cheese | 15 ₪ (555 kr) | 999 kr | - 44% | |
1 kg (2 lb.) of apples | 7 ₪ (266 kr) | 352 kr | - 24% | |
1 kg (2 lb.) of potatoes | 4.45 ₪ (170 kr) | 390 kr | - 56% | |
0.5 l (16 oz) domestic beer in the supermarket | 9 ₪ (327 kr) | 463 kr | - 29% | |
1 bottle of red table wine, good quality | 50 ₪ (1,906 kr) | 2,821 kr | - 32% | |
2 liters of coca-cola | 5.42 ₪ (207 kr) | 312 kr | - 34% | |
Bread for 2 people for 1 day | 2.49 ₪ (95 kr) | 431 kr | - 78% | |
Housing | - 61% | |||
Housing in Ramallah (Palestinian Territory) is 61% cheaper than in Reykjavik (Iceland) | ||||
Update prices | Update prices | |||
Ramallah | Reykjavik | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 2,614 ₪ (99,642 kr) | 284,594 kr | - 65% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 1,910 ₪ (72,801 kr) | 244,436 kr | - 70% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 457 ₪ (17,418 kr) | 19,819 kr | - 12% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 1,832 ₪ (69,828 kr) | 176,423 kr | - 60% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 1,307 ₪ (49,805 kr) | 142,384 kr | - 65% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 291 ₪ (11,079 kr) | 20,865 kr | - 47% | |
Internet 8 mbps (1 month) | 96 ₪ (3,664 kr) | 7,942 kr | - 54% | |
40” flat screen tv | 1,669 ₪ (63,597 kr) | 91,767 kr | - 31% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 533 ₪ (20,331 kr) | 26,771 kr | - 24% | |
Laundry detergent (3 l. ~ 100 oz.) | 35 ₪ (1,346 kr) | 2,082 kr | - 35% | |
Hourly rate for cleaning help | 16 ₪ (596 kr) | 4,144 kr | - 86% | |
Clothes | + 14% | |||
Clothes in Ramallah (Palestinian Territory) is 14% more expensive than in Reykjavik (Iceland) | ||||
Update prices | Update prices | |||
Ramallah | Reykjavik | Diff | ||
1 pair of jeans (levis 501 or similar) | 315 ₪ (11,994 kr) | 16,475 kr | - 27% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | 385 ₪ (14,657 kr) | 8,266 kr | + 77% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | 391 ₪ (14,885 kr) | 20,487 kr | - 27% | |
1 pair of men’s leather business shoes | 391 ₪ (14,907 kr) | 26,371 kr | - 43% | |
Transportation | + 4% | |||
Transportation in Ramallah (Palestinian Territory) is about the same as in Reykjavik (Iceland) | ||||
Update prices | Update prices | |||
Ramallah | Reykjavik | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 125,275 ₪ (4,774,793 kr) | 4,426,080 kr | + 8% | |
1 liter (1/4 gallon) of gas | 6 ₪ (244 kr) | 286 kr | - 14% | |
Monthly ticket public transport | 326 ₪ (12,419 kr) | 11,150 kr | + 11% | |
Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 78 ₪ (2,959 kr) | 3,902 kr | - 24% | |
Personal Care | - 31% | |||
Personal Care in Ramallah (Palestinian Territory) is 31% cheaper than in Reykjavik (Iceland) | ||||
Update prices | Update prices | |||
Ramallah | Reykjavik | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 17 ₪ (634 kr) | 1,391 kr | - 54% | |
1 box of antibiotics (12 doses) | 31 ₪ (1,198 kr) | 1,999 kr | - 40% | |
Short visit to private doctor (15 minutes) | 80 ₪ (3,057 kr) | 5,936 kr | - 49% | |
1 box of 32 tampons (tampax, ob, ...) | 24 ₪ (899 kr) | 695 kr | + 29% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | 21 ₪ (818 kr) | 621 kr | + 32% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 17 ₪ (654 kr) | 742 kr | - 12% | |
4 rolls of toilet paper | 7 ₪ (285 kr) | 528 kr | - 46% | |
Tube of toothpaste | 13 ₪ (506 kr) | 392 kr | + 29% | |
Standard men's haircut in expat area of the city | 27 ₪ (1,043 kr) | 6,153 kr | - 83% | |
Entertainment | - 16% | |||
Entertainment in Ramallah (Palestinian Territory) is 16% cheaper than in Reykjavik (Iceland) | ||||
Update prices | Update prices | |||
Ramallah | Reykjavik | Diff | ||
Basic dinner out for two in neighborhood pub | 127 ₪ (4,839 kr) | 6,554 kr | - 26% | |
2 tickets to the movies | 60 ₪ (2,302 kr) | 3,228 kr | - 29% | |
2 tickets to the theater (best available seats) | 355 ₪ (13,521 kr) | 11,318 kr | + 19% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 209 ₪ (7,984 kr) | 14,878 kr | - 46% | |
1 cocktail drink in downtown club | 21 ₪ (818 kr) | 2,535 kr | - 68% | |
Cappuccino in expat area of the city | 15 ₪ (556 kr) | 675 kr | - 18% | |
1 beer in neighbourhood pub (500ml or 1pt.) | 20 ₪ (755 kr) | 1,232 kr | - 39% | |
Ipad wi-fi 128gb | 3,144 ₪ (119,814 kr) | 85,437 kr | + 40% | |
1 min. of prepaid mobile tariff (no discounts or plans) | 0.66 ₪ (25 kr) | 21 kr | + 21% | |
1 month of gym membership in business district | 231 ₪ (8,790 kr) | 8,496 kr | + 3% | |
1 package of marlboro cigarettes | 25 ₪ (940 kr) | 1,593 kr | - 41% | |
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TOTAL | - 31% |

These prices were last updated on July 05, 2022.
Exchange rate:
38.114
ISK
/
ILS
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For example, to keep the same standard of living that would require 901,000 kr in Reykjavik you would need to make just about 620,853 kr (16,289 ₪) in Ramallah.
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