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Are you moving to Iceland? Do you know how much money you will need there to maintain your current standard of living?
Find out what is the real equivalent in Iceland of your current salary and improve your chances of a happy relocation.
Get a salary calculation for:
| Food | |||
|---|---|---|---|
| Basic lunchtime menu (including a drink) in the business district | 2,552 kr | ||
| Combo meal in fast food restaurant (Big Mac Meal or similar) | 1,781 kr | ||
| 500 gr (1 lb.) of boneless chicken breast | 1,204 kr | ||
| 1 liter (1 qt.) of whole fat milk | 163 kr | ||
| 12 eggs, large | 815 kr | ||
| 1 kg (2 lb.) of tomatoes | 583 kr | ||
| 500 gr (16 oz.) of local cheese | 1,256 kr | ||
| 1 kg (2 lb.) of apples | 474 kr | ||
| 1 kg (2 lb.) of potatoes | 439 kr | ||
| 0.5 l (16 oz) domestic beer in the supermarket | 389 kr | ||
| 1 bottle of red table wine, good quality | 3,290 kr | ||
| 2 liters of Coca-Cola | 291 kr | ||
| Bread for 2 people for 1 day | 317 kr | ||
| Housing | |||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 259,220 kr | ||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 238,590 kr | ||
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 21,982 kr | ||
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 217,713 kr | ||
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 172,742 kr | ||
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | 34,139 kr | ||
| Internet 8 Mbps (1 month) | 6,689 kr | ||
| 40” flat screen TV | 119,687 kr | ||
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | 25,325 kr | ||
| Laundry detergent (3 l. ~ 100 oz.) | 1,925 kr | ||
| Hourly rate for cleaning help | 3,939 kr | ||
| Clothes | |||
| 1 pair of jeans (Levis 501 or similar) | 17,230 kr | ||
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | 9,557 kr | ||
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | 22,522 kr | ||
| 1 pair of men’s leather business shoes | 29,745 kr | ||
| Transportation | |||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | 3,380,810 kr | ||
| 1 liter (1/4 gallon) of gas | 219 kr | ||
| Monthly ticket public transport | 11,153 kr | ||
| Personal Care | |||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | 1,355 kr | ||
| 1 box of antibiotics (12 doses) | 1,601 kr | ||
| Short visit to private Doctor (15 minutes) | 4,541 kr | ||
| 1 box of 32 tampons (Tampax, OB, ...) | 498 kr | ||
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 596 kr | ||
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 866 kr | ||
| 4 rolls of toilet paper | 516 kr | ||
| Tube of toothpaste | 363 kr | ||
| Standard men's haircut in expat area of the city | 5,848 kr | ||
| Entertainment | |||
| Basic dinner out for two in neighborhood pub | 6,195 kr | ||
| 2 tickets to the movies | 3,112 kr | ||
| 2 tickets to the theater (best available seats) | 9,290 kr | ||
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | 11,185 kr | ||
| 1 cocktail drink in downtown club | 2,381 kr | ||
| Cappuccino in expat area of the city | 647 kr | ||
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,089 kr | ||
| iPad Wi-Fi 128GB | 84,869 kr | ||
| 1 min. of prepaid mobile tariff (no discounts or plans) | 64 kr | ||
| 1 month of gym membership in business district | 7,414 kr | ||
| 1 package of Marlboro cigarettes | 1,429 kr | ||
Map of Cost of Living in Iceland
This map shows only the top cities in Iceland. We also have on this page a list of all the cities available in Expatistan:
List of all the cities available in Expatistan
The color of each marker corresponds with the cost of living in the city red markers show more expensive cities green ones show cheaper cities
Moving the mouse on top of a city will show its name and the Cost of Living Index of that city.
What is the Cost of Living Index? To calculate each city's Price Index value, we start by assigning a value of 100 to a
central reference city (that happens to be Prague).
Once the reference point has been established, the Price Index value of every other city in the
database is calculated by comparing their cost of living to the cost of living in Prague.
Therefore, if a city has a Price Index of 134, that means that living there is 34% more expensive than living in Prague.
Are you moving to Iceland? Do you know how much money you will need there to maintain your current standard of living?
Find out what is the real equivalent in Iceland of your current salary and improve your chances of a happy relocation.
Get a salary calculation for:
List of all cities available in Iceland
| Reykjavik |
Recent Comparisons
- Cost of living in Reykjavik is 97% more expensive than in Johannesburg
- Cost of living in Reykjavik is 259% more expensive than in Târgu Mureş
- Cost of living in Reykjavik is 66% more expensive than in Barcelona
- Cost of living in Reykjavik is about the same as in London
- Cost of living in Reykjavik is 11% more expensive than in Tromsø
- Cost of living in Reykjavik is 47% more expensive than in Ottawa
- Cost of living in Reykjavik is 51% more expensive than in Glasgow
- Cost of living in Reykjavik is 88% more expensive than in Prince George
- Cost of living in Reykjavik is 29% more expensive than in Toronto
- Cost of living in Reykjavik is 7% cheaper than in New York City
- Cost of living in Reykjavik is 64% more expensive than in London, Ontario
- Cost of living in Reykjavik is 39% more expensive than in Dallas, Texas
- Cost of living in Reykjavik is 22% more expensive than in Abu Dhabi
- Cost of living in Reykjavik is 181% more expensive than in Kampala
- Cost of living in Reykjavik is 38% more expensive than in Munich
- Cost of living in Reykjavik is 45% more expensive than in Raleigh, North Carolina
- Cost of living in Reykjavik is 55% more expensive than in Milwaukee, Wisconsin
- Cost of living in Reykjavik is 25% more expensive than in Long Beach, California
- Cost of living in Reykjavik is 5% cheaper than in Geneva
- Cost of living in Reykjavik is about the same as in Oslo