Cost of Living Comparison Between Chiang Mai and Reykjavik Cost of Living Comparison Between Chiang Mai and Reykjavik

🙂 Solo nomad: Chiang Mai is 67.9% cheaper than Reykjavik without rent, and 77.4% cheaper with rent.
🙂 Family of 3: Chiang Mai is 70.5% cheaper than Reykjavik without rent, and 74.5% cheaper with rent.
Currency
🍽 Eating Out
Chiang Mai
Reykjavik
Difference
Meal at Budget Restaurant
$2.02 ฿65.3
$26.9 ISK 3,355
-92.49%
Three-Course Dinner for Two, Mid-Range
$18.78 ฿608
$146 ISK 18.3K
-87.17%
Fast Food Meal (McDonalds, etc)
$7.67 ฿248
$22.18 ISK 2,767
-65.42%
Cappuccino
$1.98 ฿64.2
$6.08 ISK 758
-67.43%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$0.82 ฿26.64
$3.4 ISK 424
-75.88%
Water (0.33 liter bottle)
$0.33 ฿10.58
$2.5 ISK 312
-86.80%
Local Beer (0.5 liter draught)
$2.12 ฿68.6
$12.96 ISK 1,617
-83.64%
Imported Beer (0.33 liter bottle)
$3.73 ฿121
$11.05 ISK 1,379
-66.24%
🛒 Groceries & Markets
Chiang Mai
Reykjavik
Difference
Milk (1 liter)
$1.64 ฿53.2
$1.88 ISK 234
-12.77%
White Bread (500g)
$1.57 ฿50.9
$4.26 ISK 531
-63.15%
Rice (white) (1kg)
$1.19 ฿38.62
$3.67 ISK 458
-67.57%
Eggs
$1.98 ฿64.1
$6.51 ISK 813
-69.59%
Local Cheese (1kg)
$15.99 ฿517
$17.83 ISK 2,224
-10.32%
Chicken Fillets (1kg)
$3.12 ฿101
$24.1 ISK 3,006
-87.05%
Beef Round Steak (1kg)
$11.16 ฿361
$43.22 ISK 5,391
-74.18%
Apples (1kg)
$2.76 ฿89.2
$3.19 ISK 397
-13.48%
Banana (1kg)
$1.22 ฿39.5
$2.54 ISK 317
-51.97%
Oranges (1kg)
$1.71 ฿55.4
$3.09 ISK 386
-44.66%
Tomato (1kg)
$1.55 ฿50.2
$5.03 ISK 628
-69.18%
Potato (1kg)
$1.34 ฿43.21
$3.59 ISK 447
-62.67%
Onion (1kg)
$1.21 ฿39.23
$2.4 ISK 300
-49.58%
Lettuce (1 head)
$0.72 ฿23.2
$3.08 ISK 384
-76.62%
Water (1.5 liter bottle)
$0.53 ฿17.05
$2.01 ISK 250
-73.63%
Cigarettes 20 Pack (Marlboro, Camel)
$4.72 ฿153
$13.9 ISK 1,734
-66.04%
Wine (Bottle)
$18.39 ฿595
$23.87 ISK 2,978
-22.96%
Local Beer (0.5 liter bottle)
$1.79 ฿57.9
$3.62 ISK 452
-50.55%
Imported Beer (0.33 liter bottle)
$3.21 ฿104
$3.32 ISK 414
-3.31%
🚌 Getting Around
Chiang Mai
Reykjavik
Difference
One-way Ticket (Public Transport)
$0.94 ฿30.44
$5.27 ISK 658
-82.16%
Public Transport Monthly Pass (Regular Price)
$18.9 ฿612
$86.4 ISK 10.8K
-78.13%
Taxi Start (Normal Tariff)
$1.42 ฿46.08
$6.26 ISK 781
-77.32%
Taxi (Normal Tariff) (1km)
$1.35 ฿43.53
$2.53 ISK 316
-46.64%
Taxi 1hour Waiting (Normal Tariff)
$7.85 ฿254
$85.2 ISK 10.6K
-90.79%
Gasoline (1 liter)
$1.25 ฿40.4
$2.57 ISK 321
-51.36%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$21.2K ฿684.9K
$47.8K ISK 6M
-55.73%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$21.8K ฿706.8K
$52.4K ISK 6.5M
-58.32%
🧾 Monthly Utilities & Internet
Chiang Mai
Reykjavik
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$70.6 ฿2,285
$86.5 ISK 10.8K
-18.38%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$13.72 ฿444
$26.91 ISK 3,357
-49.02%
Internet (50+ Mbps, Unlimited Data)
$17.56 ฿568
$84.9 ISK 10.6K
-79.32%
🎉 Sport & Entertainment
Chiang Mai
Reykjavik
Difference
Gym Membership (Monthly)
$41.64 ฿1,347
$82.7 ISK 10.3K
-49.64%
Tennis Court (1 Hour on Weekend)
$6.9 ฿223
$38.2 ISK 4,765
-81.94%
Cinema Ticket
$5.8 ฿188
$17.83 ISK 2,225
-67.47%
🧸 Childcare & Education
Chiang Mai
Reykjavik
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$308 ฿9,963
$318 ISK 39.7K
-3.33%
International Primary School, 1 Child (Yearly)
$14.7K ฿475.8K
$29.9K ISK 3.7M
-50.88%
👕👟 Clothing & Footwear
Chiang Mai
Reykjavik
Difference
Jeans (Levis 501 Or Similar)
$55.4 ฿1,793
$141 ISK 17.6K
-60.70%
Summer Dress (H&M, Zara, etc)
$26.4 ฿854
$62.4 ISK 7,785
-57.69%
Sport Shoes (Adidas, Nike)
$85.1 ฿2,755
$183 ISK 22.9K
-53.57%
Men's Leather Business Shoes
$71.8 ฿2,323
$267 ISK 33.3K
-73.10%
🏠 Accommodation & Living
Chiang Mai
Reykjavik
Difference
1-bedroom Apartment, City Center (Monthly)
$434 ฿14K
$2,179 ISK 271.8K
-80.07%
1-bedroom Apartment, Outside City Center (Monthly)
$235 ฿7,610
$2,000 ISK 249.6K
-88.24%
3-bedroom Apartment, City Center (Monthly)
$821 ฿26.6K
$3,152 ISK 393.2K
-73.95%
3-bedroom Apartment, Outside City Center (Monthly)
$498 ฿16.1K
$2,726 ISK 340.1K
-81.72%
Buy Apartment in City Center (m2)
$2,180 ฿70.6K
$7,821 ISK 975.7K
-72.12%
Buy Apartment Outside City Center (m2)
$1,543 ฿49.9K
$6,501 ISK 811K
-76.27%
💵 Salaries & Financials
Chiang Mai
Reykjavik
Difference
Average Monthly Net Salary (After Tax)
$703 ฿22.8K
$4,376 ISK 546K
-83.93%
20-Year Fixed Mortgage Interest Rate (Annual %)
5
9.63
-48.08%

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

Last update for Chiang Mai: October 29, 2025

Last update for Reykjavik: October 28, 2025

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