🇮🇪 Ireland
143
Cost of Living Index in Ireland
Learn more Last update: Oct 2026
Cost of Living Comparison Between the Falkland Islands and Reykjavik
For one person, living is cheaper in the Falkland Islands: $2,879 a month against $4,037 in Reykjavik, rent and utilities included – about $13,900 less a year. Rent and utilities account for most of the difference.
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🙂 Solo nomad: The Falkland Islands is 23.9% cheaper than Reykjavik without rent, and 28.7% cheaper with rent.
🙂 Family of 3: The Falkland Islands is 35.8% cheaper than Reykjavik without rent, and 19.4% cheaper with rent.
🍽 Eating Out
Falkland Islands
Reykjavik
Difference
Meal at Budget Restaurant
$26.82 FKP 20.25
$30.59 ISK 3,730
-12.32%
Three-Course Dinner for Two, Mid-Range
$78.8 FKP 59.5
$136 ISK 16.5K
-41.87%
Fast Food Meal (McDonalds, etc)
-
$27.08 ISK 3,302
-
Cappuccino
$4.09 FKP 3.09
$6.72 ISK 819
-39.14%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.26 FKP 1.71
$3.27 ISK 399
-30.89%
Water (0.33 liter bottle)
$1.36 FKP 1.02
$3.16 ISK 386
-56.96%
Local Beer (0.5 liter draught)
$4.07 FKP 3.07
$13.91 ISK 1,696
-70.74%
Imported Beer (0.33 liter bottle)
$2.55 FKP 1.92
$12.06 ISK 1,470
-78.86%
🛒 Groceries & Markets
Falkland Islands
Reykjavik
Difference
Milk (1 liter)
$2.19 FKP 1.65
$2.04 ISK 248
7.35%
White Bread (500g)
$2.99 FKP 2.25
$4.32 ISK 527
-30.79%
Rice (white) (1kg)
$0.89 FKP 0.67
$3.67 ISK 447
-75.75%
Eggs
$7.11 FKP 5.37
$7.02 ISK 856
1.28%
Local Cheese (1kg)
$2.99 FKP 2.26
$22.01 ISK 2,684
-86.42%
Chicken Fillets (1kg)
$9.31 FKP 7.03
$24.70 ISK 3,012
-62.31%
Beef Round Steak (1kg)
$11.60 FKP 8.76
$42.66 ISK 5,202
-72.81%
Apples (1kg)
$9.11 FKP 6.88
$3.37 ISK 412
170.33%
Banana (1kg)
$5.37 FKP 4.06
$2.85 ISK 347
88.42%
Oranges (1kg)
$10.65 FKP 8.04
$3.17 ISK 387
235.96%
Tomato (1kg)
$8.01 FKP 6.05
$6.39 ISK 779
25.35%
Potato (1kg)
$3.15 FKP 2.38
$4.01 ISK 489
-21.45%
Onion (1kg)
$0.70 FKP 0.53
$1.64 ISK 200
-57.32%
Lettuce (1 head)
$4.29 FKP 3.24
$3.80 ISK 463
12.89%
Water (1.5 liter bottle)
-
$1.74 ISK 212
-
Cigarettes 20 Pack (Marlboro, Camel)
$16.42 FKP 12.40
$13.80 ISK 1,682
18.99%
Wine (Bottle)
$11.74 FKP 8.86
$23.38 ISK 2,851
-49.79%
Local Beer (0.5 liter bottle)
-
$3.53 ISK 430
-
Imported Beer (0.33 liter bottle)
$2.31 FKP 1.75
$3.45 ISK 420
-33.04%
🚌 Getting Around
Falkland Islands
Reykjavik
Difference
One-way Ticket (Public Transport)
-
$5.77 ISK 704
-
Public Transport Monthly Pass (Regular Price)
-
$95.1 ISK 11.6K
-
Taxi Start (Normal Tariff)
$6.63 FKP 5.01
$6.63 ISK 808
-
Taxi (Normal Tariff) (1km)
-
$2.79 ISK 341
-
Taxi 1hour Waiting (Normal Tariff)
-
$81.4 ISK 9,923
-
Gasoline (1 liter)
$1.59 FKP 1.20
$2.11 ISK 257
-24.64%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
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$50.8K ISK 6.2M
-
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
-
$52.7K ISK 6.4M
-
🧾 Monthly Utilities & Internet
Falkland Islands
Reykjavik
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$382 FKP 288
$88.7 ISK 10.8K
330.81%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$74.8 FKP 56.4
$31.53 ISK 3,845
137.08%
Internet (50+ Mbps, Unlimited Data)
$449 FKP 339
$84.6 ISK 10.3K
430.82%
🎉 Sport & Entertainment
Falkland Islands
Reykjavik
Difference
Gym Membership (Monthly)
$22.25 FKP 16.80
$100 ISK 12.2K
-77.83%
Tennis Court (1 Hour on Weekend)
-
$48.20 ISK 5,877
-
Cinema Ticket
$12.24 FKP 9.24
$19.87 ISK 2,424
-38.40%
🧸 Childcare & Education
Falkland Islands
Reykjavik
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
-
$1,277 ISK 155.8K
-
International Primary School, 1 Child (Yearly)
-
$31.0K ISK 3.8M
-
👕👟 Clothing & Footwear
Falkland Islands
Reykjavik
Difference
Jeans (Levis 501 Or Similar)
$111 FKP 83.6
$161 ISK 19.6K
-31.16%
Summer Dress (H&M, Zara, etc)
$91.8 FKP 69.3
$64.9 ISK 7,914
41.48%
Sport Shoes (Adidas, Nike)
$156 FKP 118
$183 ISK 22.3K
-14.74%
Men's Leather Business Shoes
$105 FKP 79.4
$254 ISK 31.0K
-58.61%
🏠 Accommodation & Living
Falkland Islands
Reykjavik
Difference
1-bedroom Apartment, City Center (Monthly)
$1,472 FKP 1,112
$2,499 ISK 304.8K
-41.10%
1-bedroom Apartment, Outside City Center (Monthly)
$1,077 FKP 813
$2,000 ISK 243.9K
-46.17%
3-bedroom Apartment, City Center (Monthly)
$2,624 FKP 1,981
$3,452 ISK 421.0K
-23.99%
3-bedroom Apartment, Outside City Center (Monthly)
$2,348 FKP 1,773
$2,742 ISK 334.4K
-14.39%
Buy Apartment in City Center (m2)
-
$8,001 ISK 975.7K
-
Buy Apartment Outside City Center (m2)
-
$6,249 ISK 762.1K
-
💵 Salaries & Financials
Falkland Islands
Reykjavik
Difference
Average Monthly Net Salary (After Tax)
$3,986 FKP 3,010
$4,691 ISK 572.0K
-15.03%
20-Year Fixed Mortgage Interest Rate (Annual %)
7.75
8.81
-12.03%
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for the Falkland Islands: October 3, 2026
Last update for Reykjavik: October 4, 2026
Monthly budget structure
Share of the monthly basket for one person, rent included.
Share of the monthly basket for a family of three, rent included.
Accommodation & Living
Falkland Islands $1.1K 36.6%
Reykjavik $2K 50.9% 85.8% $924
Monthly Utilities & Internet
Falkland Islands $906 30.8%
Reykjavik $205 5.2% 77.4% $701
Groceries & Markets
Falkland Islands $391 * 13.3%
Reykjavik $625 15.9% 60% $234
Eating Out
Falkland Islands $304 * 10.3%
Reykjavik $526 13.4% 73.2% $222
Clothing & Footwear
Falkland Islands $209 7.1%
Reykjavik $298 7.6% 42.9% $90
Sport & Entertainment
Falkland Islands $47 1.6%
Reykjavik $140 3.6% 200% $93
Getting Around
Falkland Islands $6.6 * 0.2%
Reykjavik $139 3.5% 1994% $132
Categories marked with * are only partly priced – their share counts the items that do have prices.
Accommodation & Living
Falkland Islands $2.3K 39.9%
Reykjavik $2.7K 36.9% 16.8% $395
Monthly Utilities & Internet
Falkland Islands $981 16.7%
Reykjavik $236 3.2% 75.9% $744
Groceries & Markets
Falkland Islands $946 * 16.1%
Reykjavik $1.5K 19.6% 53.8% $509
Eating Out
Falkland Islands $1K * 17.7%
Reykjavik $1.7K 23.2% 65.8% $684
Clothing & Footwear
Falkland Islands $463 7.9%
Reykjavik $662 8.9% 42.9% $199
Sport & Entertainment
Falkland Islands $93 * 1.6%
Reykjavik $328 4.4% 251% $235
Getting Around
Falkland Islands $13 * 0.2%
Reykjavik $289 3.9% 2081% $276
Categories marked with * are only partly priced – their share counts the items that do have prices.
Good to know
🇫🇰 Falkland Islands
🇮🇸 Reykjavik
Weather
Population
4,550
136,894 Capital
Exchange rates and currency converter
On the map
Lowest
Highest
Between locations
- Falkland Islands Reykjavik 13,250 km ≈ 17 h nonstop flight
From you
- Falkland Islands
- Reykjavik
Distances are measured in a straight line. Your location is detected approximately.
City Median Internet Speeds Comparison (Updated April 2026)
The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index
Falkland Islands vs other spots: cost of living compared
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