Cost of living in Reykjavik, Iceland

List of prices in Reykjavik, Iceland. Current as of Mar 2019.

Change the currency:
Food [Edit]
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 486 kr
500 gr (16 oz.) of local cheese 1,256 kr
1 kg (2 lb.) of apples 452 kr
1 kg (2 lb.) of potatoes 380 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 359 kr
Housing [Edit]
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 16,394 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 167,445 kr
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio 8,482 kr
Internet 8 Mbps (1 month) 6,468 kr
40” flat screen TV 101,073 kr
Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) 20,676 kr
Laundry detergent (3 l. ~ 100 oz.) 1,911 kr
Hourly rate for cleaning help 3,715 kr
Clothes [Edit]
1 pair of jeans (Levis 501 or similar) 16,060 kr
1 summer dress in a High Street Store (Zara, H&M or similar retailers) 9,481 kr
1 pair of sport shoes (Nike, Adidas, or equivalent brands) 19,371 kr
1 pair of men’s leather business shoes 26,074 kr
Transportation [Edit]
Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new 3,468,890 kr
1 liter (1/4 gallon) of gas 219 kr
Monthly ticket public transport 11,452 kr
Taxi trip on a business day, basic tariff, 8 km. (5 miles) 3,312 kr
Personal Care [Edit]
Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) 1,353 kr
1 box of antibiotics (12 doses) 1,851 kr
Short visit to private Doctor (15 minutes) 4,094 kr
1 box of 32 tampons (Tampax, OB, ...) 678 kr
Deodorant, roll-on (50ml ~ 1.5 oz.) 658 kr
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) 1,089 kr
4 rolls of toilet paper 457 kr
Tube of toothpaste 393 kr
Standard men's haircut in expat area of the city 5,649 kr
Entertainment [Edit]
Basic dinner out for two in neighborhood pub 6,698 kr
2 tickets to the movies 3,127 kr
2 tickets to the theater (best available seats) 10,882 kr
Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert 11,109 kr
1 cocktail drink in downtown club 2,372 kr
Cappuccino in expat area of the city 643 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) 20 kr
1 month of gym membership in business district 8,368 kr
1 package of Marlboro cigarettes 1,429 kr
These prices are based on abundant and consistent data. They are very reliable. They are based on 505 prices entered by 64 different people.
Latest price update: March 23, 2019

Reykjavik position in our World Ranking

the world
11th
out of 332
western europe
5th
out of 73

Cheapest and most expensive products in Reykjavik compared to other cities:

the world
1st
the world
1st
the world
1st
the world
2nd
the world
2nd
the world
2nd

Do you live in Reykjavik? We need your help!

What is the price of

Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new

in Reykjavik?

kr

International Cost of Living Index

loading...

Prices recently added

  • Monthly rent - 85 m2 furnished accommodation in expensive area in Vilnius costs €900 (about 1 hour ago)
  • Monthly rent - 85 m2 furnished accommodation in expensive area in Utrecht costs €1,500 (about 1 hour ago)
  • Ipad wi-fi 128gb in Vladivostok costs руб 30,990 (about 1 hour ago)
  • Monthly rent - 85 m2 furnished accommodation in expensive area in Singapore costs SGD $500 (about 1 hour ago)
  • Internet connection 300 mbps, 1 month in Budapest costs 5,190 Ft (about 2 hours ago)
  • Basic lunchtime menu (including a drink) in the business district in Istanbul costs 15TL (about 2 hours ago)