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

😐 Solo nomad: Lugano is 1.5% more expensive than Reykjavik without rent, and 19% cheaper with rent.

😐 Family of 3: Lugano is 10% more expensive than Reykjavik without rent, and 4.5% more expensive with rent.

Meal at Budget Restaurant

$30.95 CHF 24.91

$26.49 ISK 3,374

16.84%

Three-Course Dinner for Two, Mid-Range

$182 CHF 147

$145 ISK 18.4K

25.81%

Fast Food Meal (McDonalds, etc)

$18.57 CHF 14.94

$22.1 ISK 2,814

-15.97%

Cappuccino

$4.46 CHF 3.59

$6.05 ISK 770

-26.28%

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

$4.96 CHF 3.99

$3.37 ISK 429

47.18%

Water (0.33 liter bottle)

$4.07 CHF 3.27

$2.6 ISK 331

56.54%

Local Beer (0.5 liter draught)

$7.6 CHF 6.11

$12.76 ISK 1,625

-40.44%

Imported Beer (0.33 liter bottle)

$7.24 CHF 5.83

$11.41 ISK 1,454

-36.55%

Milk (1 liter)

$2.21 CHF 1.78

$1.94 ISK 247

13.92%

White Bread (500g)

$3.57 CHF 2.88

$4.33 ISK 551

-17.55%

Rice (white) (1kg)

$4.76 CHF 3.83

$3.59 ISK 457

32.59%

Eggs

$6.93 CHF 5.57

$6.3 ISK 803

10.00%

Local Cheese (1kg)

$27.47 CHF 22.11

$17.79 ISK 2,266

54.41%

Chicken Fillets (1kg)

$37.37 CHF 30.08

$24.2 ISK 3,082

54.42%

Beef Round Steak (1kg)

$46.84 CHF 37.7

$41.74 ISK 5,316

12.22%

Apples (1kg)

$3.22 CHF 2.59

$3.25 ISK 414

-0.92%

Banana (1kg)

$1.97 CHF 1.58

$2.54 ISK 324

-22.44%

Oranges (1kg)

$2.6 CHF 2.09

$3.11 ISK 396

-16.40%

Tomato (1kg)

$7.28 CHF 5.86

$4.85 ISK 618

50.10%

Potato (1kg)

$2.17 CHF 1.74

$3.67 ISK 468

-40.87%

Onion (1kg)

$2.33 CHF 1.87

$2.34 ISK 299

-0.43%

Lettuce (1 head)

$2.58 CHF 2.08

$3.15 ISK 401

-18.10%

Water (1.5 liter bottle)

$1.24 CHF 1

$2.03 ISK 258

-38.92%

Cigarettes 20 Pack (Marlboro, Camel)

$10.97 CHF 8.83

$13.9 ISK 1,771

-21.08%

Wine (Bottle)

$10.65 CHF 8.57

$24.04 ISK 3,061

-55.70%

Local Beer (0.5 liter bottle)

$2.64 CHF 2.12

$3.62 ISK 461

-27.07%

Imported Beer (0.33 liter bottle)

$4.06 CHF 3.27

$3.3 ISK 420

23.03%

One-way Ticket (Public Transport)

$3.17 CHF 2.55

$5.28 ISK 672

-39.96%

Public Transport Monthly Pass (Regular Price)

$89.4 CHF 72

$85.7 ISK 10.9K

4.36%

Taxi Start (Normal Tariff)

$6.63 CHF 5.33

$6.29 ISK 801

5.41%

Taxi (Normal Tariff) (1km)

$4.47 CHF 3.6

$2.6 ISK 331

71.92%

Taxi 1hour Waiting (Normal Tariff)

$62.5 CHF 50.3

$87.6 ISK 11.2K

-28.62%

Gasoline (1 liter)

$2.24 CHF 1.81

$2.43 ISK 310

-7.82%

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

$40.4K CHF 32.5K

$47.7K ISK 6.1M

-15.36%

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

$37.3K CHF 30K

$51.3K ISK 6.5M

-27.25%

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

$204 CHF 165

$86.8 ISK 11.1K

135.51%

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

$74 CHF 59.6

$26.89 ISK 3,425

175.20%

Internet (50+ Mbps, Unlimited Data)

$54.1 CHF 43.52

$85.8 ISK 10.9K

-36.97%

Gym Membership (Monthly)

$110 CHF 88.7

$81.7 ISK 10.4K

34.85%

Tennis Court (1 Hour on Weekend)

$61 CHF 49.09

$37.19 ISK 4,736

64.00%

Cinema Ticket

$18.58 CHF 14.95

$17.57 ISK 2,237

5.75%

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

$1,226 CHF 987

$321 ISK 40.8K

282.27%

International Primary School, 1 Child (Yearly)

$35.4K CHF 28.5K

$30.5K ISK 3.9M

15.99%

Jeans (Levis 501 Or Similar)

$123 CHF 98.9

$140 ISK 17.8K

-12.13%

Summer Dress (H&M, Zara, etc)

$46.98 CHF 37.81

$61.7 ISK 7,851

-23.80%

Sport Shoes (Adidas, Nike)

$131 CHF 105

$186 ISK 23.7K

-29.67%

Men's Leather Business Shoes

$154 CHF 124

$266 ISK 33.9K

-42.35%

1-bedroom Apartment, City Center (Monthly)

$1,686 CHF 1,357

$2,234 ISK 284.5K

-24.52%

1-bedroom Apartment, Outside City Center (Monthly)

$1,242 CHF 1,000

$2,049 ISK 260.9K

-39.36%

3-bedroom Apartment, City Center (Monthly)

$2,856 CHF 2,298

$3,138 ISK 399.6K

-9.00%

3-bedroom Apartment, Outside City Center (Monthly)

$2,647 CHF 2,130

$2,754 ISK 350.7K

-3.88%

Buy Apartment in City Center (m2)

$20.4K CHF 16.4K

$7,668 ISK 976.5K

166.10%

Buy Apartment Outside City Center (m2)

$14.3K CHF 11.5K

$6,241 ISK 794.8K

128.86%

Average Monthly Net Salary (After Tax)

$6,501 CHF 5,232

$4,130 ISK 526K

57.39%

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: November 30, 2025

Last update for Reykjavik: November 29, 2025

Digital Nomad Cost of Living Index

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