Cost of Living Comparison Between Reykjavik and Biel Cost of Living Comparison Between Reykjavik and Biel

😐 Solo nomad: Reykjavik is 4.9% more expensive than Biel without rent, and 25.4% more expensive with rent.

🙂 Family of 3: Reykjavik is 0.6% cheaper than Biel without rent, and 11.6% more expensive with rent.

Meal at Budget Restaurant

$26.70 ISK 3,364

$24.89 CHF 19.99

7.27%

Three-Course Dinner for Two, Mid-Range

$145 ISK 18.2K

$112 CHF 90.0

29.10%

Fast Food Meal (McDonalds, etc)

$22.39 ISK 2,820

$15.95 CHF 12.80

40.38%

Cappuccino

$6.06 ISK 764

$6.38 CHF 5.12

-5.02%

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

$3.28 ISK 414

$5.37 CHF 4.31

-38.92%

Water (0.33 liter bottle)

$2.62 ISK 330

$4.90 CHF 3.94

-46.53%

Local Beer (0.5 liter draught)

$13.02 ISK 1,640

$7.53 CHF 6.05

72.91%

Imported Beer (0.33 liter bottle)

$11.28 ISK 1,421

$6.85 CHF 5.50

64.67%

Milk (1 liter)

$1.87 ISK 235

$2.28 CHF 1.83

-17.98%

White Bread (500g)

$4.32 ISK 544

$3.79 CHF 3.05

13.98%

Rice (white) (1kg)

$3.71 ISK 468

$4.21 CHF 3.38

-11.88%

Eggs

$6.52 ISK 821

$7.20 CHF 5.78

-9.44%

Local Cheese (1kg)

$18.16 ISK 2,288

$30.85 CHF 24.77

-41.13%

Chicken Fillets (1kg)

$23.83 ISK 3,002

$35.78 CHF 28.73

-33.40%

Beef Round Steak (1kg)

$42.83 ISK 5,395

$50.9 CHF 40.85

-15.80%

Apples (1kg)

$3.37 ISK 424

$3.30 CHF 2.65

2.12%

Banana (1kg)

$2.50 ISK 315

$2.22 CHF 1.78

12.61%

Oranges (1kg)

$3.03 ISK 382

$2.90 CHF 2.33

4.48%

Tomato (1kg)

$4.98 ISK 627

$4.34 CHF 3.49

14.75%

Potato (1kg)

$3.66 ISK 461

$2.48 CHF 1.99

47.58%

Onion (1kg)

$2.40 ISK 302

$2.42 CHF 1.94

-0.83%

Lettuce (1 head)

$3.06 ISK 386

$2.67 CHF 2.14

14.61%

Water (1.5 liter bottle)

$2.01 ISK 253

$0.88 CHF 0.70

128.41%

Cigarettes 20 Pack (Marlboro, Camel)

$13.82 ISK 1,741

$11.22 CHF 9.01

23.17%

Wine (Bottle)

$23.58 ISK 2,971

$12.78 CHF 10.26

84.51%

Local Beer (0.5 liter bottle)

$3.55 ISK 447

$2.30 CHF 1.84

54.35%

Imported Beer (0.33 liter bottle)

$3.24 ISK 408

$3.46 CHF 2.78

-6.36%

One-way Ticket (Public Transport)

$5.19 ISK 654

$4.47 CHF 3.59

16.11%

Public Transport Monthly Pass (Regular Price)

$87.7 ISK 11.0K

$110 CHF 88.4

-20.39%

Taxi Start (Normal Tariff)

$6.18 ISK 778

$12.44 CHF 9.99

-50.32%

Taxi (Normal Tariff) (1km)

$2.64 ISK 333

$4.14 CHF 3.33

-36.23%

Taxi 1hour Waiting (Normal Tariff)

$87.3 ISK 11.0K

$84.5 CHF 67.8

3.30%

Gasoline (1 liter)

$2.56 ISK 322

$2.12 CHF 1.71

20.75%

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

$48.0K ISK 6.0M

$30.3K CHF 24.4K

58.05%

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

$52.5K ISK 6.6M

$28.3K CHF 22.7K

85.48%

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

$88.6 ISK 11.2K

$246 CHF 198

-63.98%

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

$27.96 ISK 3,522

$35.87 CHF 28.80

-22.05%

Internet (50+ Mbps, Unlimited Data)

$84.7 ISK 10.7K

$57.3 CHF 45.97

47.90%

Gym Membership (Monthly)

$81.7 ISK 10.3K

$114 CHF 91.4

-28.23%

Tennis Court (1 Hour on Weekend)

$38.00 ISK 4,786

$72.8 CHF 58.5

-47.82%

Cinema Ticket

$17.53 ISK 2,208

$22.06 CHF 17.71

-20.53%

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

$316 ISK 39.7K

$2,920 CHF 2,345

-89.19%

International Primary School, 1 Child (Yearly)

$30.1K ISK 3.8M

$42.3K CHF 34.0K

-28.84%

Jeans (Levis 501 Or Similar)

$140 ISK 17.6K

$138 CHF 111

1.02%

Summer Dress (H&M, Zara, etc)

$62.4 ISK 7,863

$46.08 CHF 37.01

35.46%

Sport Shoes (Adidas, Nike)

$182 ISK 22.9K

$134 CHF 107

35.93%

Men's Leather Business Shoes

$264 ISK 33.2K

$159 CHF 128

65.99%

1-bedroom Apartment, City Center (Monthly)

$2,225 ISK 280.3K

$1,275 CHF 1,024

74.47%

1-bedroom Apartment, Outside City Center (Monthly)

$2,047 ISK 257.9K

$1,138 CHF 914

79.90%

3-bedroom Apartment, City Center (Monthly)

$3,154 ISK 397.3K

$2,264 CHF 1,818

39.33%

3-bedroom Apartment, Outside City Center (Monthly)

$2,691 ISK 339.0K

$1,815 CHF 1,458

48.25%

Buy Apartment in City Center (m2)

$7,541 ISK 949.9K

$15.3K CHF 12.3K

-50.80%

Buy Apartment Outside City Center (m2)

$6,257 ISK 788.1K

$12.9K CHF 10.3K

-51.34%

Average Monthly Net Salary (After Tax)

$4,489 ISK 565.5K

$8,018 CHF 6,439

-44.02%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

1.88

412.23%

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

Last update for Reykjavik: January 10, 2026

Last update for Biel: January 11, 2026

City Median Internet Speeds Comparison (Updated December 2025)

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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