Cost of Living Comparison Between Biel and Reykjavik Cost of Living Comparison Between Biel and Reykjavik

🙂 Solo nomad: Biel is 4.7% cheaper than Reykjavik without rent, and 20.3% cheaper with rent.

😐 Family of 3: Biel is 0.6% more expensive than Reykjavik without rent, and 10.4% cheaper with rent.

Meal at Budget Restaurant

$24.89 CHF 19.99

$26.70 ISK 3,364

-6.78%

Three-Course Dinner for Two, Mid-Range

$112 CHF 90.0

$145 ISK 18.2K

-22.54%

Fast Food Meal (McDonalds, etc)

$15.95 CHF 12.80

$22.39 ISK 2,820

-28.76%

Cappuccino

$6.38 CHF 5.12

$6.06 ISK 764

5.28%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$5.37 CHF 4.31

$3.28 ISK 414

63.72%

Water (0.33 liter bottle)

$4.90 CHF 3.94

$2.62 ISK 330

87.02%

Local Beer (0.5 liter draught)

$7.53 CHF 6.05

$13.02 ISK 1,640

-42.17%

Imported Beer (0.33 liter bottle)

$6.85 CHF 5.50

$11.28 ISK 1,421

-39.27%

Milk (1 liter)

$2.28 CHF 1.83

$1.87 ISK 235

21.93%

White Bread (500g)

$3.79 CHF 3.05

$4.32 ISK 544

-12.27%

Rice (white) (1kg)

$4.21 CHF 3.38

$3.71 ISK 468

13.48%

Eggs

$7.20 CHF 5.78

$6.52 ISK 821

10.43%

Local Cheese (1kg)

$30.85 CHF 24.77

$18.16 ISK 2,288

69.88%

Chicken Fillets (1kg)

$35.78 CHF 28.73

$23.83 ISK 3,002

50.15%

Beef Round Steak (1kg)

$50.9 CHF 40.85

$42.83 ISK 5,395

18.77%

Apples (1kg)

$3.30 CHF 2.65

$3.37 ISK 424

-2.08%

Banana (1kg)

$2.22 CHF 1.78

$2.50 ISK 315

-11.20%

Oranges (1kg)

$2.90 CHF 2.33

$3.03 ISK 382

-4.29%

Tomato (1kg)

$4.34 CHF 3.49

$4.98 ISK 627

-12.85%

Potato (1kg)

$2.48 CHF 1.99

$3.66 ISK 461

-32.24%

Onion (1kg)

$2.42 CHF 1.94

$2.40 ISK 302

0.83%

Lettuce (1 head)

$2.67 CHF 2.14

$3.06 ISK 386

-12.75%

Water (1.5 liter bottle)

$0.88 CHF 0.70

$2.01 ISK 253

-56.22%

Cigarettes 20 Pack (Marlboro, Camel)

$11.22 CHF 9.01

$13.82 ISK 1,741

-18.81%

Wine (Bottle)

$12.78 CHF 10.26

$23.58 ISK 2,971

-45.80%

Local Beer (0.5 liter bottle)

$2.30 CHF 1.84

$3.55 ISK 447

-35.21%

Imported Beer (0.33 liter bottle)

$3.46 CHF 2.78

$3.24 ISK 408

6.79%

One-way Ticket (Public Transport)

$4.47 CHF 3.59

$5.19 ISK 654

-13.87%

Public Transport Monthly Pass (Regular Price)

$110 CHF 88.4

$87.7 ISK 11.0K

25.62%

Taxi Start (Normal Tariff)

$12.44 CHF 9.99

$6.18 ISK 778

101.29%

Taxi (Normal Tariff) (1km)

$4.14 CHF 3.33

$2.64 ISK 333

56.82%

Taxi 1hour Waiting (Normal Tariff)

$84.5 CHF 67.8

$87.3 ISK 11.0K

-3.20%

Gasoline (1 liter)

$2.12 CHF 1.71

$2.56 ISK 322

-17.19%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$30.3K CHF 24.4K

$48.0K ISK 6.0M

-36.73%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$28.3K CHF 22.7K

$52.5K ISK 6.6M

-46.09%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$246 CHF 198

$88.6 ISK 11.2K

177.61%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$35.87 CHF 28.80

$27.96 ISK 3,522

28.29%

Internet (50+ Mbps, Unlimited Data)

$57.3 CHF 45.97

$84.7 ISK 10.7K

-32.38%

Gym Membership (Monthly)

$114 CHF 91.4

$81.7 ISK 10.3K

39.34%

Tennis Court (1 Hour on Weekend)

$72.8 CHF 58.5

$38.00 ISK 4,786

91.63%

Cinema Ticket

$22.06 CHF 17.71

$17.53 ISK 2,208

25.84%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$2,920 CHF 2,345

$316 ISK 39.7K

825.40%

International Primary School, 1 Child (Yearly)

$42.3K CHF 34.0K

$30.1K ISK 3.8M

40.53%

Jeans (Levis 501 Or Similar)

$138 CHF 111

$140 ISK 17.6K

-1.01%

Summer Dress (H&M, Zara, etc)

$46.08 CHF 37.01

$62.4 ISK 7,863

-26.18%

Sport Shoes (Adidas, Nike)

$134 CHF 107

$182 ISK 22.9K

-26.43%

Men's Leather Business Shoes

$159 CHF 128

$264 ISK 33.2K

-39.75%

1-bedroom Apartment, City Center (Monthly)

$1,275 CHF 1,024

$2,225 ISK 280.3K

-42.68%

1-bedroom Apartment, Outside City Center (Monthly)

$1,138 CHF 914

$2,047 ISK 257.9K

-44.41%

3-bedroom Apartment, City Center (Monthly)

$2,264 CHF 1,818

$3,154 ISK 397.3K

-28.23%

3-bedroom Apartment, Outside City Center (Monthly)

$1,815 CHF 1,458

$2,691 ISK 339.0K

-32.55%

Buy Apartment in City Center (m2)

$15.3K CHF 12.3K

$7,541 ISK 949.9K

103.26%

Buy Apartment Outside City Center (m2)

$12.9K CHF 10.3K

$6,257 ISK 788.1K

105.51%

Average Monthly Net Salary (After Tax)

$8,018 CHF 6,439

$4,489 ISK 565.5K

78.62%

20-Year Fixed Mortgage Interest Rate (Annual %)

1.88

9.63

-80.48%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Biel: January 11, 2026

Last update for Reykjavik: January 10, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

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