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

😐 Solo nomad: Lugano is 2% more expensive than Reykjavik without rent, and 16.5% cheaper with rent.

😐 Family of 3: Lugano is 5.8% more expensive than Reykjavik without rent, and 5.7% more expensive with rent.

Meal at Budget Restaurant

$30.61 CHF 23.85

$27.22 ISK 3,339

12.45%

Three-Course Dinner for Two, Mid-Range

$181 CHF 141

$145 ISK 17.8K

25.18%

Fast Food Meal (McDonalds, etc)

$18.58 CHF 14.47

$22.41 ISK 2,749

-17.09%

Cappuccino

$4.48 CHF 3.49

$5.94 ISK 729

-24.58%

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

$4.75 CHF 3.70

$3.26 ISK 400

45.71%

Water (0.33 liter bottle)

$4.02 CHF 3.13

$2.54 ISK 312

58.27%

Local Beer (0.5 liter draught)

$7.53 CHF 5.87

$12.83 ISK 1,575

-41.31%

Imported Beer (0.33 liter bottle)

$7.26 CHF 5.65

$11.46 ISK 1,406

-36.65%

Milk (1 liter)

$2.25 CHF 1.76

$1.88 ISK 231

19.68%

White Bread (500g)

$3.48 CHF 2.71

$4.33 ISK 531

-19.63%

Rice (white) (1kg)

$4.91 CHF 3.82

$3.57 ISK 438

37.54%

Eggs

$6.97 CHF 5.43

$6.56 ISK 805

6.25%

Local Cheese (1kg)

$26.82 CHF 20.89

$18.18 ISK 2,231

47.52%

Chicken Fillets (1kg)

$36.39 CHF 28.35

$24.52 ISK 3,008

48.41%

Beef Round Steak (1kg)

$46.96 CHF 36.59

$42.03 ISK 5,157

11.73%

Apples (1kg)

$3.14 CHF 2.44

$3.20 ISK 392

-1.88%

Banana (1kg)

$1.97 CHF 1.53

$2.42 ISK 297

-18.60%

Oranges (1kg)

$2.60 CHF 2.02

$3.06 ISK 376

-15.03%

Tomato (1kg)

$7.60 CHF 5.92

$4.86 ISK 597

56.38%

Potato (1kg)

$2.28 CHF 1.78

$3.66 ISK 449

-37.70%

Onion (1kg)

$2.22 CHF 1.73

$2.34 ISK 287

-5.13%

Lettuce (1 head)

$2.58 CHF 2.01

$3.14 ISK 385

-17.83%

Water (1.5 liter bottle)

$1.24 CHF 0.96

$2.02 ISK 248

-38.61%

Cigarettes 20 Pack (Marlboro, Camel)

$10.80 CHF 8.41

$13.91 ISK 1,707

-22.36%

Wine (Bottle)

$13.06 CHF 10.18

$23.74 ISK 2,913

-44.99%

Local Beer (0.5 liter bottle)

$2.65 CHF 2.06

$3.69 ISK 453

-28.18%

Imported Beer (0.33 liter bottle)

$4.15 CHF 3.24

$3.23 ISK 396

28.48%

One-way Ticket (Public Transport)

$3.15 CHF 2.46

$5.29 ISK 649

-40.45%

Public Transport Monthly Pass (Regular Price)

$87.7 CHF 68.3

$88.2 ISK 10.8K

-0.56%

Taxi Start (Normal Tariff)

$6.79 CHF 5.29

$6.54 ISK 802

3.82%

Taxi (Normal Tariff) (1km)

$4.40 CHF 3.43

$2.60 ISK 319

69.23%

Taxi 1hour Waiting (Normal Tariff)

$62.1 CHF 48.39

$85.8 ISK 10.5K

-27.60%

Gasoline (1 liter)

$2.14 CHF 1.67

$2.51 ISK 309

-14.74%

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

$40.3K CHF 31.4K

$47.1K ISK 5.8M

-14.58%

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

$37.7K CHF 29.4K

$52.6K ISK 6.4M

-28.24%

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

$203 CHF 158

$89.2 ISK 10.9K

127.96%

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

$71.9 CHF 56.0

$27.07 ISK 3,321

165.46%

Internet (50+ Mbps, Unlimited Data)

$53.8 CHF 41.87

$84.2 ISK 10.3K

-36.13%

Gym Membership (Monthly)

$107 CHF 83.3

$84.0 ISK 10.3K

27.38%

Tennis Court (1 Hour on Weekend)

$62.7 CHF 48.81

$38.09 ISK 4,673

64.51%

Cinema Ticket

$18.33 CHF 14.28

$17.42 ISK 2,138

5.22%

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

$1,230 CHF 958

$324 ISK 39.7K

279.98%

International Primary School, 1 Child (Yearly)

$35.5K CHF 27.7K

$30.5K ISK 3.7M

16.66%

Jeans (Levis 501 Or Similar)

$123 CHF 95.9

$141 ISK 17.4K

-12.96%

Summer Dress (H&M, Zara, etc)

$47.97 CHF 37.37

$62.6 ISK 7,684

-23.41%

Sport Shoes (Adidas, Nike)

$133 CHF 103

$183 ISK 22.5K

-27.52%

Men's Leather Business Shoes

$152 CHF 118

$268 ISK 32.9K

-43.31%

1-bedroom Apartment, City Center (Monthly)

$1,686 CHF 1,314

$2,197 ISK 269.5K

-23.23%

1-bedroom Apartment, Outside City Center (Monthly)

$1,249 CHF 973

$2,053 ISK 251.9K

-39.16%

3-bedroom Apartment, City Center (Monthly)

$2,789 CHF 2,173

$3,159 ISK 387.5K

-11.70%

3-bedroom Apartment, Outside City Center (Monthly)

$2,654 CHF 2,067

$2,728 ISK 334.7K

-2.73%

Buy Apartment in City Center (m2)

$17.7K CHF 13.8K

$7,833 ISK 961.0K

125.75%

Buy Apartment Outside City Center (m2)

$13.3K CHF 10.4K

$6,268 ISK 769.1K

112.67%

Average Monthly Net Salary (After Tax)

$6,824 CHF 5,316

$4,471 ISK 548.6K

52.64%

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: February 28, 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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