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

😐 Solo nomad: Lugano is 2.5% more expensive than Reykjavik without rent, and 16% cheaper with rent.
😐 Family of 3: Lugano is 9% more expensive than Reykjavik without rent, and 7.1% more expensive with rent.
Currency
🍽 Eating Out
Lugano
Reykjavik
Difference
Meal at Budget Restaurant
$30.57 CHF 23.87
$26.47 ISK 3,231
15.49%
Three-Course Dinner for Two, Mid-Range
$182 CHF 142
$142 ISK 17.4K
28.12%
Fast Food Meal (McDonalds, etc)
$18.24 CHF 14.25
$22.61 ISK 2,760
-19.33%
Cappuccino
$4.32 CHF 3.37
$6.17 ISK 753
-29.98%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$4.91 CHF 3.84
$3.35 ISK 409
46.57%
Water (0.33 liter bottle)
$4.17 CHF 3.26
$2.63 ISK 321
58.56%
Local Beer (0.5 liter draught)
$7.35 CHF 5.74
$12.64 ISK 1,543
-41.85%
Imported Beer (0.33 liter bottle)
$7.55 CHF 5.90
$11.33 ISK 1,384
-33.36%
🛒 Groceries & Markets
Lugano
Reykjavik
Difference
Milk (1 liter)
$2.26 CHF 1.77
$1.93 ISK 236
17.10%
White Bread (500g)
$3.50 CHF 2.73
$4.15 ISK 507
-15.66%
Rice (white) (1kg)
$4.67 CHF 3.65
$3.74 ISK 456
24.87%
Eggs
$6.72 CHF 5.25
$6.27 ISK 766
7.18%
Local Cheese (1kg)
$27.22 CHF 21.26
$17.92 ISK 2,188
51.90%
Chicken Fillets (1kg)
$36.30 CHF 28.35
$24.05 ISK 2,936
50.94%
Beef Round Steak (1kg)
$47.81 CHF 37.34
$42.07 ISK 5,136
13.64%
Apples (1kg)
$3.06 CHF 2.39
$3.22 ISK 393
-4.97%
Banana (1kg)
$1.99 CHF 1.55
$2.52 ISK 307
-21.03%
Oranges (1kg)
$2.50 CHF 1.96
$3.09 ISK 377
-19.09%
Tomato (1kg)
$7.54 CHF 5.89
$5.09 ISK 621
48.13%
Potato (1kg)
$2.17 CHF 1.69
$3.58 ISK 437
-39.39%
Onion (1kg)
$2.35 CHF 1.83
$2.44 ISK 297
-3.69%
Lettuce (1 head)
$2.62 CHF 2.05
$3.18 ISK 389
-17.61%
Water (1.5 liter bottle)
$1.30 CHF 1.02
$1.94 ISK 237
-32.99%
Cigarettes 20 Pack (Marlboro, Camel)
$10.87 CHF 8.49
$13.71 ISK 1,674
-20.71%
Wine (Bottle)
$12.95 CHF 10.11
$22.59 ISK 2,758
-42.67%
Local Beer (0.5 liter bottle)
$2.69 CHF 2.10
$3.55 ISK 434
-24.23%
Imported Beer (0.33 liter bottle)
$4.21 CHF 3.29
$3.33 ISK 406
26.43%
🚌 Getting Around
Lugano
Reykjavik
Difference
One-way Ticket (Public Transport)
$3.15 CHF 2.46
$5.28 ISK 644
-40.34%
Public Transport Monthly Pass (Regular Price)
$87.8 CHF 68.6
$87.1 ISK 10.6K
0.90%
Taxi Start (Normal Tariff)
$6.84 CHF 5.34
$6.25 ISK 763
9.44%
Taxi (Normal Tariff) (1km)
$4.48 CHF 3.50
$2.51 ISK 307
78.49%
Taxi 1hour Waiting (Normal Tariff)
$62.4 CHF 48.77
$84.7 ISK 10.3K
-26.31%
Gasoline (1 liter)
$2.15 CHF 1.68
$2.46 ISK 300
-12.60%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$40.9K CHF 31.9K
$46.5K ISK 5.7M
-12.10%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$37.4K CHF 29.2K
$51.5K ISK 6.3M
-27.34%
🧾 Monthly Utilities & Internet
Lugano
Reykjavik
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$206 CHF 161
$87.7 ISK 10.7K
134.60%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$73.8 CHF 57.6
$27.91 ISK 3,407
164.28%
Internet (50+ Mbps, Unlimited Data)
$53.5 CHF 41.76
$84.5 ISK 10.3K
-36.72%
🎉 Sport & Entertainment
Lugano
Reykjavik
Difference
Gym Membership (Monthly)
$108 CHF 84.3
$82.7 ISK 10.1K
30.56%
Tennis Court (1 Hour on Weekend)
$62.8 CHF 49.02
$37.97 ISK 4,635
65.29%
Cinema Ticket
$18.11 CHF 14.14
$17.78 ISK 2,170
1.86%
🧸 Childcare & Education
Lugano
Reykjavik
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,251 CHF 977
$324 ISK 39.6K
285.47%
International Primary School, 1 Child (Yearly)
$35.2K CHF 27.5K
$29.7K ISK 3.6M
18.70%
👕👟 Clothing & Footwear
Lugano
Reykjavik
Difference
Jeans (Levis 501 Or Similar)
$124 CHF 96.9
$140 ISK 17.1K
-11.48%
Summer Dress (H&M, Zara, etc)
$46.81 CHF 36.56
$60.6 ISK 7,399
-22.78%
Sport Shoes (Adidas, Nike)
$136 CHF 106
$181 ISK 22.1K
-25.17%
Men's Leather Business Shoes
$154 CHF 120
$263 ISK 32.1K
-41.44%
🏠 Accommodation & Living
Lugano
Reykjavik
Difference
1-bedroom Apartment, City Center (Monthly)
$1,702 CHF 1,329
$2,250 ISK 274.7K
-24.36%
1-bedroom Apartment, Outside City Center (Monthly)
$1,248 CHF 975
$2,007 ISK 245.0K
-37.81%
3-bedroom Apartment, City Center (Monthly)
$2,849 CHF 2,225
$3,118 ISK 380.6K
-8.61%
3-bedroom Apartment, Outside City Center (Monthly)
$2,589 CHF 2,022
$2,755 ISK 336.3K
-6.02%
Buy Apartment in City Center (m2)
$17.8K CHF 13.9K
$8,013 ISK 978.1K
122.40%
Buy Apartment Outside City Center (m2)
$13.3K CHF 10.4K
$6,528 ISK 796.9K
104.39%
💵 Salaries & Financials
Lugano
Reykjavik
Difference
Average Monthly Net Salary (After Tax)
$6,979 CHF 5,451
$4,449 ISK 543.1K
56.87%
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: April 12, 2026

Last update for Reykjavik: April 14, 2026

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

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