Cost of Living Comparison Between Lugano and Reykjavik Cost of Living Comparison Between Lugano and Reykjavik

🙂 Solo nomad: Lugano is 1.8% cheaper than Reykjavik without rent, and 18.3% cheaper with rent.

😐 Family of 3: Lugano is 7.7% more expensive than Reykjavik without rent, and 5.5% more expensive with rent.

Meal at Budget Restaurant

$30.76 CHF 24.70

$26.70 ISK 3,364

15.21%

Three-Course Dinner for Two, Mid-Range

$186 CHF 149

$145 ISK 18.2K

28.38%

Fast Food Meal (McDonalds, etc)

$18.72 CHF 15.04

$22.39 ISK 2,820

-16.39%

Cappuccino

$4.27 CHF 3.43

$6.06 ISK 764

-29.54%

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

$4.90 CHF 3.93

$3.28 ISK 414

49.39%

Water (0.33 liter bottle)

$4.17 CHF 3.35

$2.62 ISK 330

59.16%

Local Beer (0.5 liter draught)

$7.32 CHF 5.88

$13.02 ISK 1,640

-43.78%

Imported Beer (0.33 liter bottle)

$7.49 CHF 6.02

$11.28 ISK 1,421

-33.60%

Milk (1 liter)

$2.24 CHF 1.80

$1.87 ISK 235

19.79%

White Bread (500g)

$3.43 CHF 2.75

$4.32 ISK 544

-20.60%

Rice (white) (1kg)

$4.74 CHF 3.81

$3.71 ISK 468

27.76%

Eggs

$6.68 CHF 5.37

$6.52 ISK 821

2.45%

Local Cheese (1kg)

$26.86 CHF 21.57

$18.16 ISK 2,288

47.91%

Chicken Fillets (1kg)

$36.55 CHF 29.35

$23.83 ISK 3,002

53.38%

Beef Round Steak (1kg)

$46.84 CHF 37.61

$42.83 ISK 5,395

9.36%

Apples (1kg)

$3.24 CHF 2.60

$3.37 ISK 424

-3.86%

Banana (1kg)

$1.93 CHF 1.55

$2.50 ISK 315

-22.80%

Oranges (1kg)

$2.49 CHF 2.00

$3.03 ISK 382

-17.82%

Tomato (1kg)

$7.40 CHF 5.94

$4.98 ISK 627

48.59%

Potato (1kg)

$2.21 CHF 1.77

$3.66 ISK 461

-39.62%

Onion (1kg)

$2.31 CHF 1.86

$2.40 ISK 302

-3.75%

Lettuce (1 head)

$2.57 CHF 2.07

$3.06 ISK 386

-16.01%

Water (1.5 liter bottle)

$1.24 CHF 0.99

$2.01 ISK 253

-38.31%

Cigarettes 20 Pack (Marlboro, Camel)

$11.09 CHF 8.91

$13.82 ISK 1,741

-19.75%

Wine (Bottle)

$12.70 CHF 10.20

$23.58 ISK 2,971

-46.14%

Local Beer (0.5 liter bottle)

$2.57 CHF 2.06

$3.55 ISK 447

-27.61%

Imported Beer (0.33 liter bottle)

$4.17 CHF 3.35

$3.24 ISK 408

28.70%

One-way Ticket (Public Transport)

$3.15 CHF 2.53

$5.19 ISK 654

-39.31%

Public Transport Monthly Pass (Regular Price)

$88.0 CHF 70.7

$87.7 ISK 11.0K

0.40%

Taxi Start (Normal Tariff)

$6.61 CHF 5.31

$6.18 ISK 778

6.96%

Taxi (Normal Tariff) (1km)

$4.37 CHF 3.51

$2.64 ISK 333

65.53%

Taxi 1hour Waiting (Normal Tariff)

$62.3 CHF 50.1

$87.3 ISK 11.0K

-28.58%

Gasoline (1 liter)

$2.17 CHF 1.74

$2.56 ISK 322

-15.23%

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

$39.7K CHF 31.9K

$48.0K ISK 6.0M

-17.27%

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

$37.1K CHF 29.8K

$52.5K ISK 6.6M

-29.39%

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

$206 CHF 165

$88.6 ISK 11.2K

131.84%

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

$72.5 CHF 58.2

$27.96 ISK 3,522

159.30%

Internet (50+ Mbps, Unlimited Data)

$53.6 CHF 43.07

$84.7 ISK 10.7K

-36.65%

Gym Membership (Monthly)

$110 CHF 88.7

$81.7 ISK 10.3K

35.18%

Tennis Court (1 Hour on Weekend)

$61.7 CHF 49.50

$38.00 ISK 4,786

62.24%

Cinema Ticket

$18.80 CHF 15.10

$17.53 ISK 2,208

7.24%

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

$1,210 CHF 972

$316 ISK 39.7K

283.57%

International Primary School, 1 Child (Yearly)

$35.5K CHF 28.5K

$30.1K ISK 3.8M

17.80%

Jeans (Levis 501 Or Similar)

$123 CHF 98.7

$140 ISK 17.6K

-11.98%

Summer Dress (H&M, Zara, etc)

$48.30 CHF 38.78

$62.4 ISK 7,863

-22.62%

Sport Shoes (Adidas, Nike)

$135 CHF 108

$182 ISK 22.9K

-25.92%

Men's Leather Business Shoes

$152 CHF 122

$264 ISK 33.2K

-42.26%

1-bedroom Apartment, City Center (Monthly)

$1,675 CHF 1,345

$2,225 ISK 280.3K

-24.75%

1-bedroom Apartment, Outside City Center (Monthly)

$1,233 CHF 990

$2,047 ISK 257.9K

-39.75%

3-bedroom Apartment, City Center (Monthly)

$2,849 CHF 2,288

$3,154 ISK 397.3K

-9.68%

3-bedroom Apartment, Outside City Center (Monthly)

$2,645 CHF 2,124

$2,691 ISK 339.0K

-1.69%

Buy Apartment in City Center (m2)

$18.6K CHF 14.9K

$7,541 ISK 949.9K

146.05%

Buy Apartment Outside City Center (m2)

$13.7K CHF 11.0K

$6,257 ISK 788.1K

119.37%

Average Monthly Net Salary (After Tax)

$6,541 CHF 5,253

$4,489 ISK 565.5K

45.72%

20-Year Fixed Mortgage Interest Rate (Annual %)

2.5

9.63

-74.04%

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

Last update for Lugano: January 13, 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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