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: $174 in Reykjahlid versus $1,261 in Phuket.

Estimated couple costs with rent: $259 in Reykjahlid versus $2,286 in Phuket.

Monthly costs for a family of three with rent: $344 in Reykjahlid versus $3,310 in Phuket.

Living in Reykjahlid costs roughly 86% less than in Phuket, driven mainly by Groceries & Markets.

Both cities sit below the global median: Reykjahlid 87% lower, Phuket 6% lower.

Meal at Budget Restaurant

$4.56 ฿149

Three-Course Dinner for Two, Mid-Range

$46.63 ฿1,519

Fast Food Meal (McDonalds, etc)

$8.47 ฿276

Cappuccino

$5.99 ISK 745

$3.03 ฿98.6

97.69%

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

$0.69 ฿22.45

Water (0.33 liter bottle)

$0.37 ฿11.92

Local Beer (0.5 liter draught)

$11.67 ISK 1,453

$2.49 ฿81.0

368.67%

Imported Beer (0.33 liter bottle)

$11.73 ISK 1,460

$3.66 ฿119

220.49%

Milk (1 liter)

$2.36 ISK 293

$2.18 ฿71.0

8.26%

White Bread (500g)

$1.90 ฿62.0

Rice (white) (1kg)

$2.20 ฿71.6

Eggs

$2.22 ฿72.4

Local Cheese (1kg)

$19.99 ฿651

Chicken Fillets (1kg)

$3.66 ฿119

Beef Round Steak (1kg)

$13.25 ฿432

Apples (1kg)

$3.23 ฿105

Banana (1kg)

$1.70 ฿55.3

Oranges (1kg)

$2.39 ฿78.0

Tomato (1kg)

$2.08 ฿67.7

Potato (1kg)

$1.59 ฿51.8

Onion (1kg)

$1.48 ฿48.31

Lettuce (1 head)

$1.03 ฿33.54

Water (1.5 liter bottle)

$0.52 ฿16.83

Cigarettes 20 Pack (Marlboro, Camel)

$4.25 ฿138

Wine (Bottle)

$18.79 ฿612

Local Beer (0.5 liter bottle)

$1.76 ฿57.2

Imported Beer (0.33 liter bottle)

$2.76 ฿89.8

One-way Ticket (Public Transport)

$1.36 ฿44.32

Public Transport Monthly Pass (Regular Price)

$11.36 ฿370

Taxi Start (Normal Tariff)

$3.14 ฿102

Taxi (Normal Tariff) (1km)

$1.04 ฿33.74

Taxi 1hour Waiting (Normal Tariff)

$13.77 ฿448

Gasoline (1 liter)

$1.34 ฿43.79

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

$27.7K ฿901.4K

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

$33.9K ฿1.1M

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

$124 ฿4,025

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

$13.52 ฿440

Internet (50+ Mbps, Unlimited Data)

$18.69 ฿609

Gym Membership (Monthly)

$61.8 ฿2,013

Tennis Court (1 Hour on Weekend)

$17.25 ฿562

Cinema Ticket

$9.14 ฿298

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

$703 ฿22.9K

International Primary School, 1 Child (Yearly)

$15.9K ฿517.0K

Jeans (Levis 501 Or Similar)

$59.5 ฿1,937

Summer Dress (H&M, Zara, etc)

$35.07 ฿1,142

Sport Shoes (Adidas, Nike)

$115 ฿3,754

Men's Leather Business Shoes

$84.1 ฿2,737

1-bedroom Apartment, City Center (Monthly)

$619 ฿20.1K

1-bedroom Apartment, Outside City Center (Monthly)

$433 ฿14.1K

3-bedroom Apartment, City Center (Monthly)

$2,062 ฿67.2K

3-bedroom Apartment, Outside City Center (Monthly)

$1,511 ฿49.2K

Buy Apartment in City Center (m2)

$3,646 ฿118.7K

Buy Apartment Outside City Center (m2)

$2,626 ฿85.5K

Average Monthly Net Salary (After Tax)

$507 ฿16.5K

20-Year Fixed Mortgage Interest Rate (Annual %)

5.33

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

Last update for Reykjahlid: June 8, 2026

Last update for Phuket: June 7, 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 623% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $262 in Reykjahlid and $1,892 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 1143% higher in Phuket. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $174 per month in Reykjahlid versus $1,261 in Phuket – a 623% gap that adds up to real savings over time for anyone picking the cheaper option.

At $174 in Reykjahlid versus $1,261 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 623% less than in Phuket. Beyond cost, consider language, visa policies, and how big the international community is in each city.