Cost of Living Comparison Between Reykjavik and Barcelona Cost of Living Comparison Between Reykjavik and Barcelona

😐 Solo nomad: Reykjavik is 82.7% more expensive than Barcelona without rent, and 64.9% more expensive with rent.

😐 Family of 3: Reykjavik is 80.2% more expensive than Barcelona without rent, and 61.2% more expensive with rent.

Meal at Budget Restaurant

$26.9 ISK 3,355

$17.41 €15.03

54.51%

Three-Course Dinner for Two, Mid-Range

$146 ISK 18.3K

$68.7 €59.3

112.95%

Fast Food Meal (McDonalds, etc)

$22.18 ISK 2,767

$13.71 €11.84

61.78%

Cappuccino

$6.08 ISK 758

$2.78 €2.4

118.71%

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

$3.4 ISK 424

$2.8 €2.42

21.43%

Water (0.33 liter bottle)

$2.5 ISK 312

$1.98 €1.71

26.26%

Local Beer (0.5 liter draught)

$12.96 ISK 1,617

$4.43 €3.83

192.55%

Imported Beer (0.33 liter bottle)

$11.05 ISK 1,379

$4.53 €3.91

143.93%

Milk (1 liter)

$1.88 ISK 234

$1.24 €1.07

51.61%

White Bread (500g)

$4.26 ISK 531

$2.03 €1.75

109.85%

Rice (white) (1kg)

$3.67 ISK 458

$1.98 €1.71

85.35%

Eggs

$6.51 ISK 813

$3.46 €2.99

88.15%

Local Cheese (1kg)

$17.83 ISK 2,224

$18.32 €15.82

-2.67%

Chicken Fillets (1kg)

$24.1 ISK 3,006

$9.82 €8.47

145.42%

Beef Round Steak (1kg)

$43.22 ISK 5,391

$19.24 €16.61

124.64%

Apples (1kg)

$3.19 ISK 397

$2.61 €2.25

22.22%

Banana (1kg)

$2.54 ISK 317

$2.34 €2.02

8.55%

Oranges (1kg)

$3.09 ISK 386

$2.11 €1.82

46.45%

Tomato (1kg)

$5.03 ISK 628

$2.77 €2.39

81.59%

Potato (1kg)

$3.59 ISK 447

$2.04 €1.76

75.98%

Onion (1kg)

$2.4 ISK 300

$1.77 €1.53

35.59%

Lettuce (1 head)

$3.08 ISK 384

$1.5 €1.3

105.33%

Water (1.5 liter bottle)

$2.01 ISK 250

$0.85 €0.73

136.47%

Cigarettes 20 Pack (Marlboro, Camel)

$13.9 ISK 1,734

$7 €6.04

98.57%

Wine (Bottle)

$23.87 ISK 2,978

$7.13 €6.16

234.78%

Local Beer (0.5 liter bottle)

$3.62 ISK 452

$1.43 €1.24

153.15%

Imported Beer (0.33 liter bottle)

$3.32 ISK 414

$2.29 €1.98

44.98%

One-way Ticket (Public Transport)

$5.27 ISK 658

$3.02 €2.6

74.50%

Public Transport Monthly Pass (Regular Price)

$86.4 ISK 10.8K

$28.97 €25.01

198.31%

Taxi Start (Normal Tariff)

$6.26 ISK 781

$4.59 €3.96

36.38%

Taxi (Normal Tariff) (1km)

$2.53 ISK 316

$2.02 €1.74

25.25%

Taxi 1hour Waiting (Normal Tariff)

$85.2 ISK 10.6K

$29.56 €25.53

188.29%

Gasoline (1 liter)

$2.57 ISK 321

$1.81 €1.56

41.99%

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

$47.8K ISK 6M

$38.4K €33.1K

24.52%

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

$52.4K ISK 6.5M

$32.4K €28K

61.81%

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

$86.5 ISK 10.8K

$190 €164

-54.37%

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

$26.91 ISK 3,357

$22.18 €19.15

21.33%

Internet (50+ Mbps, Unlimited Data)

$84.9 ISK 10.6K

$36.37 €31.4

133.49%

Gym Membership (Monthly)

$82.7 ISK 10.3K

$57.4 €49.55

44.08%

Tennis Court (1 Hour on Weekend)

$38.2 ISK 4,765

$20.95 €18.09

82.34%

Cinema Ticket

$17.83 ISK 2,225

$10.8 €9.33

65.09%

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

$318 ISK 39.7K

$732 €632

-56.50%

International Primary School, 1 Child (Yearly)

$29.9K ISK 3.7M

$15.1K €13.1K

97.92%

Jeans (Levis 501 Or Similar)

$141 ISK 17.6K

$86.8 €74.9

62.46%

Summer Dress (H&M, Zara, etc)

$62.4 ISK 7,785

$36.78 €31.76

69.66%

Sport Shoes (Adidas, Nike)

$183 ISK 22.9K

$102 €88.2

79.45%

Men's Leather Business Shoes

$267 ISK 33.3K

$117 €101

127.99%

1-bedroom Apartment, City Center (Monthly)

$2,179 ISK 271.8K

$1,581 €1,365

37.82%

1-bedroom Apartment, Outside City Center (Monthly)

$2,000 ISK 249.6K

$1,230 €1,062

62.65%

3-bedroom Apartment, City Center (Monthly)

$3,152 ISK 393.2K

$2,707 €2,337

16.42%

3-bedroom Apartment, Outside City Center (Monthly)

$2,726 ISK 340.1K

$2,028 €1,751

34.43%

Buy Apartment in City Center (m2)

$7,821 ISK 975.7K

$6,602 €5,700

18.47%

Buy Apartment Outside City Center (m2)

$6,501 ISK 811K

$5,045 €4,356

28.84%

Average Monthly Net Salary (After Tax)

$4,376 ISK 546K

$2,198 €1,898

99.07%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

3.39

184.07%

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

Last update for Reykjavik: October 28, 2025

Last update for Barcelona: October 28, 2025

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