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

🙂 Solo nomad: Biel is 2.5% cheaper than Reykjavik without rent, and 20.2% cheaper with rent.

😐 Family of 3: Biel is 2.7% more expensive than Reykjavik without rent, and 10% cheaper with rent.

Meal at Budget Restaurant

$24.81 CHF 19.37

$27.22 ISK 3,406

-8.85%

Three-Course Dinner for Two, Mid-Range

$111 CHF 86.7

$145 ISK 18.1K

-23.31%

Fast Food Meal (McDonalds, etc)

$15.71 CHF 12.27

$22.41 ISK 2,804

-29.90%

Cappuccino

$6.22 CHF 4.86

$5.94 ISK 744

4.71%

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

$5.18 CHF 4.05

$3.26 ISK 408

58.90%

Water (0.33 liter bottle)

$4.86 CHF 3.79

$2.54 ISK 318

91.34%

Local Beer (0.5 liter draught)

$7.88 CHF 6.15

$12.83 ISK 1,606

-38.58%

Imported Beer (0.33 liter bottle)

$6.69 CHF 5.23

$11.46 ISK 1,434

-41.62%

Milk (1 liter)

$2.25 CHF 1.76

$1.88 ISK 236

19.68%

White Bread (500g)

$3.85 CHF 3.00

$4.33 ISK 542

-11.09%

Rice (white) (1kg)

$4.06 CHF 3.17

$3.57 ISK 447

13.73%

Eggs

$7.55 CHF 5.89

$6.56 ISK 821

15.09%

Local Cheese (1kg)

$30.18 CHF 23.57

$18.18 ISK 2,275

66.01%

Chicken Fillets (1kg)

$35.20 CHF 27.50

$24.52 ISK 3,069

43.56%

Beef Round Steak (1kg)

$52.0 CHF 40.63

$42.03 ISK 5,260

23.79%

Apples (1kg)

$3.24 CHF 2.53

$3.20 ISK 400

1.25%

Banana (1kg)

$2.22 CHF 1.74

$2.42 ISK 303

-8.26%

Oranges (1kg)

$2.89 CHF 2.26

$3.06 ISK 383

-5.56%

Tomato (1kg)

$4.31 CHF 3.37

$4.86 ISK 609

-11.32%

Potato (1kg)

$2.50 CHF 1.95

$3.66 ISK 458

-31.69%

Onion (1kg)

$2.52 CHF 1.97

$2.34 ISK 293

7.69%

Lettuce (1 head)

$2.58 CHF 2.01

$3.14 ISK 393

-17.83%

Water (1.5 liter bottle)

$0.95 CHF 0.75

$2.02 ISK 253

-52.97%

Cigarettes 20 Pack (Marlboro, Camel)

$11.14 CHF 8.70

$13.91 ISK 1,741

-19.91%

Wine (Bottle)

$12.68 CHF 9.90

$23.74 ISK 2,971

-46.59%

Local Beer (0.5 liter bottle)

$2.35 CHF 1.83

$3.69 ISK 462

-36.31%

Imported Beer (0.33 liter bottle)

$3.40 CHF 2.66

$3.23 ISK 404

5.26%

One-way Ticket (Public Transport)

$4.34 CHF 3.39

$5.29 ISK 662

-17.96%

Public Transport Monthly Pass (Regular Price)

$112 CHF 87.1

$88.2 ISK 11.0K

26.48%

Taxi Start (Normal Tariff)

$12.14 CHF 9.48

$6.54 ISK 818

85.63%

Taxi (Normal Tariff) (1km)

$4.15 CHF 3.24

$2.60 ISK 326

59.62%

Taxi 1hour Waiting (Normal Tariff)

$82.2 CHF 64.2

$85.8 ISK 10.7K

-4.24%

Gasoline (1 liter)

$2.14 CHF 1.67

$2.51 ISK 315

-14.74%

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

$30.2K CHF 23.6K

$47.1K ISK 5.9M

-35.93%

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

$28.0K CHF 21.9K

$52.6K ISK 6.6M

-46.69%

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

$244 CHF 191

$89.2 ISK 11.2K

174.02%

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

$36.05 CHF 28.16

$27.07 ISK 3,387

33.17%

Internet (50+ Mbps, Unlimited Data)

$56.3 CHF 43.97

$84.2 ISK 10.5K

-33.10%

Gym Membership (Monthly)

$113 CHF 88.2

$84.0 ISK 10.5K

34.44%

Tennis Court (1 Hour on Weekend)

$73.3 CHF 57.3

$38.09 ISK 4,766

92.54%

Cinema Ticket

$22.32 CHF 17.43

$17.42 ISK 2,180

28.13%

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

$2,905 CHF 2,269

$324 ISK 40.5K

797.37%

International Primary School, 1 Child (Yearly)

$43.2K CHF 33.7K

$30.5K ISK 3.8M

41.77%

Jeans (Levis 501 Or Similar)

$141 CHF 110

$141 ISK 17.7K

-0.27%

Summer Dress (H&M, Zara, etc)

$46.55 CHF 36.36

$62.6 ISK 7,837

-25.67%

Sport Shoes (Adidas, Nike)

$129 CHF 101

$183 ISK 22.9K

-29.50%

Men's Leather Business Shoes

$159 CHF 124

$268 ISK 33.5K

-40.56%

1-bedroom Apartment, City Center (Monthly)

$1,298 CHF 1,014

$2,197 ISK 274.9K

-40.92%

1-bedroom Apartment, Outside City Center (Monthly)

$1,166 CHF 910

$2,053 ISK 256.9K

-43.22%

3-bedroom Apartment, City Center (Monthly)

$2,271 CHF 1,773

$3,159 ISK 395.3K

-28.12%

3-bedroom Apartment, Outside City Center (Monthly)

$1,832 CHF 1,431

$2,728 ISK 341.4K

-32.85%

Buy Apartment in City Center (m2)

$15.7K CHF 12.2K

$7,833 ISK 980.2K

99.82%

Buy Apartment Outside City Center (m2)

$13.2K CHF 10.3K

$6,268 ISK 784.4K

110.70%

Average Monthly Net Salary (After Tax)

$7,973 CHF 6,227

$4,471 ISK 559.5K

78.32%

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: March 3, 2026

Last update for Reykjavik: March 3, 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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