Cost of Living Comparison Between Reykjahlid and Phuket Cost of Living Comparison Between Reykjahlid and Phuket

Monthly Cost of Living

Monthly costs for one person with rent: $186 in Reykjahlid versus $1,243 in Phuket.

Estimated couple costs with rent: $270 in Reykjahlid versus $2,023 in Phuket.

Monthly costs for a family of three with rent: $353 in Reykjahlid versus $2,803 in Phuket.

Living in Reykjahlid costs roughly 85% less than in Phuket, driven mainly by Groceries & Markets.

Both cities sit below the global median: Reykjahlid 86% lower, Phuket 8% lower.

Meal at Budget Restaurant

$4.37 ฿147

Three-Course Dinner for Two, Mid-Range

$32.87 ฿1,103

Fast Food Meal (McDonalds, etc)

$8.39 ฿282

Cappuccino

$6.19 ISK 754

$2.73 ฿91.8

126.74%

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

$0.88 ฿29.59

Water (0.33 liter bottle)

$0.47 ฿15.92

Local Beer (0.5 liter draught)

$11.87 ISK 1,444

$2.36 ฿79.1

402.97%

Imported Beer (0.33 liter bottle)

$12.17 ISK 1,481

$3.71 ฿124

228.03%

Milk (1 liter)

$2.42 ISK 295

$1.83 ฿61.5

32.24%

White Bread (500g)

$1.45 ฿48.58

Rice (white) (1kg)

$1.58 ฿52.9

Eggs

$2.10 ฿70.4

Local Cheese (1kg)

$19.37 ฿650

Chicken Fillets (1kg)

$3.42 ฿115

Beef Round Steak (1kg)

$10.96 ฿368

Apples (1kg)

$3.00 ฿101

Banana (1kg)

$1.64 ฿54.9

Oranges (1kg)

$2.21 ฿74.1

Tomato (1kg)

$2.12 ฿71.2

Potato (1kg)

$1.47 ฿49.34

Onion (1kg)

$1.32 ฿44.37

Lettuce (1 head)

$1.07 ฿35.93

Water (1.5 liter bottle)

$0.52 ฿17.61

Cigarettes 20 Pack (Marlboro, Camel)

$4.38 ฿147

Wine (Bottle)

$18.59 ฿624

Local Beer (0.5 liter bottle)

$1.75 ฿58.6

Imported Beer (0.33 liter bottle)

$2.86 ฿95.8

One-way Ticket (Public Transport)

$2.26 ฿76.0

Public Transport Monthly Pass (Regular Price)

$22.98 ฿771

Taxi Start (Normal Tariff)

$2.94 ฿98.7

Taxi (Normal Tariff) (1km)

$1.07 ฿35.84

Taxi 1hour Waiting (Normal Tariff)

$3.84 ฿129

Gasoline (1 liter)

$1.46 ฿48.96

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

$27.2K ฿912.2K

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

$26.6K ฿893.5K

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

$102 ฿3,420

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

$10.96 ฿368

Internet (50+ Mbps, Unlimited Data)

$16.89 ฿567

Gym Membership (Monthly)

$52.4 ฿1,758

Tennis Court (1 Hour on Weekend)

$10.93 ฿367

Cinema Ticket

$7.52 ฿252

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

$547 ฿18.3K

International Primary School, 1 Child (Yearly)

$11.3K ฿379.5K

Jeans (Levis 501 Or Similar)

$63.2 ฿2,122

Summer Dress (H&M, Zara, etc)

$29.23 ฿981

Sport Shoes (Adidas, Nike)

$97.8 ฿3,282

Men's Leather Business Shoes

$86.7 ฿2,909

1-bedroom Apartment, City Center (Monthly)

$721 ฿24.2K

1-bedroom Apartment, Outside City Center (Monthly)

$476 ฿16.0K

3-bedroom Apartment, City Center (Monthly)

$2,081 ฿69.8K

3-bedroom Apartment, Outside City Center (Monthly)

$1,194 ฿40.1K

Buy Apartment in City Center (m2)

$3,577 ฿120.0K

Buy Apartment Outside City Center (m2)

$2,541 ฿85.3K

Average Monthly Net Salary (After Tax)

$489 ฿16.4K

20-Year Fixed Mortgage Interest Rate (Annual %)

5.57

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

Last update for Reykjahlid: September 27, 2026

Last update for Phuket: September 28, 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

Reykjahlid vs Phuket: Cost of Living - Frequently Asked Questions

Reykjahlid is cheaper overall, especially in Groceries & Markets, Getting Around, Monthly Utilities & Internet, Clothing & Footwear, Sport & Entertainment. The 567% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $280 in Reykjahlid and $1,865 in Phuket to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Supermarket bills run roughly 1010% higher in Phuket. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $186 per month in Reykjahlid versus $1,243 in Phuket – a 567% gap that adds up to real savings over time for anyone picking the cheaper option.

At $186 in Reykjahlid versus $1,243 in Phuket, a $2,000 budget is realistic in Reykjahlid but tight or insufficient in Phuket. The gap between the two cities makes Reykjahlid the clear choice for anyone on this budget.

For families, Reykjahlid is more practical. Housing and childcare are both notably cheaper than in Phuket, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Reykjahlid and Phuket are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Reykjahlid gentler on the wallet – expenses run 567% less than in Phuket. Beyond cost, consider language, visa policies, and how big the international community is in each city.