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

😐 Solo nomad: Reykjavik is 2.6% more expensive than Biel without rent, and 25.4% more expensive with rent.

🙂 Family of 3: Reykjavik is 2.7% cheaper than Biel without rent, and 11.2% more expensive with rent.

Meal at Budget Restaurant

$27.22 ISK 3,406

$24.81 CHF 19.37

9.71%

Three-Course Dinner for Two, Mid-Range

$145 ISK 18.1K

$111 CHF 86.7

30.40%

Fast Food Meal (McDonalds, etc)

$22.41 ISK 2,804

$15.71 CHF 12.27

42.65%

Cappuccino

$5.94 ISK 744

$6.22 CHF 4.86

-4.50%

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

$3.26 ISK 408

$5.18 CHF 4.05

-37.07%

Water (0.33 liter bottle)

$2.54 ISK 318

$4.86 CHF 3.79

-47.74%

Local Beer (0.5 liter draught)

$12.83 ISK 1,606

$7.88 CHF 6.15

62.82%

Imported Beer (0.33 liter bottle)

$11.46 ISK 1,434

$6.69 CHF 5.23

71.30%

Milk (1 liter)

$1.88 ISK 236

$2.25 CHF 1.76

-16.44%

White Bread (500g)

$4.33 ISK 542

$3.85 CHF 3.00

12.47%

Rice (white) (1kg)

$3.57 ISK 447

$4.06 CHF 3.17

-12.07%

Eggs

$6.56 ISK 821

$7.55 CHF 5.89

-13.11%

Local Cheese (1kg)

$18.18 ISK 2,275

$30.18 CHF 23.57

-39.76%

Chicken Fillets (1kg)

$24.52 ISK 3,069

$35.20 CHF 27.50

-30.34%

Beef Round Steak (1kg)

$42.03 ISK 5,260

$52.0 CHF 40.63

-19.22%

Apples (1kg)

$3.20 ISK 400

$3.24 CHF 2.53

-1.23%

Banana (1kg)

$2.42 ISK 303

$2.22 CHF 1.74

9.01%

Oranges (1kg)

$3.06 ISK 383

$2.89 CHF 2.26

5.88%

Tomato (1kg)

$4.86 ISK 609

$4.31 CHF 3.37

12.76%

Potato (1kg)

$3.66 ISK 458

$2.50 CHF 1.95

46.40%

Onion (1kg)

$2.34 ISK 293

$2.52 CHF 1.97

-7.14%

Lettuce (1 head)

$3.14 ISK 393

$2.58 CHF 2.01

21.71%

Water (1.5 liter bottle)

$2.02 ISK 253

$0.95 CHF 0.75

112.63%

Cigarettes 20 Pack (Marlboro, Camel)

$13.91 ISK 1,741

$11.14 CHF 8.70

24.87%

Wine (Bottle)

$23.74 ISK 2,971

$12.68 CHF 9.90

87.22%

Local Beer (0.5 liter bottle)

$3.69 ISK 462

$2.35 CHF 1.83

57.02%

Imported Beer (0.33 liter bottle)

$3.23 ISK 404

$3.40 CHF 2.66

-5.00%

One-way Ticket (Public Transport)

$5.29 ISK 662

$4.34 CHF 3.39

21.89%

Public Transport Monthly Pass (Regular Price)

$88.2 ISK 11.0K

$112 CHF 87.1

-20.94%

Taxi Start (Normal Tariff)

$6.54 ISK 818

$12.14 CHF 9.48

-46.13%

Taxi (Normal Tariff) (1km)

$2.60 ISK 326

$4.15 CHF 3.24

-37.35%

Taxi 1hour Waiting (Normal Tariff)

$85.8 ISK 10.7K

$82.2 CHF 64.2

4.43%

Gasoline (1 liter)

$2.51 ISK 315

$2.14 CHF 1.67

17.29%

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

$47.1K ISK 5.9M

$30.2K CHF 23.6K

56.07%

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

$52.6K ISK 6.6M

$28.0K CHF 21.9K

87.58%

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

$89.2 ISK 11.2K

$244 CHF 191

-63.51%

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

$27.07 ISK 3,387

$36.05 CHF 28.16

-24.91%

Internet (50+ Mbps, Unlimited Data)

$84.2 ISK 10.5K

$56.3 CHF 43.97

49.48%

Gym Membership (Monthly)

$84.0 ISK 10.5K

$113 CHF 88.2

-25.62%

Tennis Court (1 Hour on Weekend)

$38.09 ISK 4,766

$73.3 CHF 57.3

-48.06%

Cinema Ticket

$17.42 ISK 2,180

$22.32 CHF 17.43

-21.95%

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

$324 ISK 40.5K

$2,905 CHF 2,269

-88.86%

International Primary School, 1 Child (Yearly)

$30.5K ISK 3.8M

$43.2K CHF 33.7K

-29.46%

Jeans (Levis 501 Or Similar)

$141 ISK 17.7K

$141 CHF 110

0.27%

Summer Dress (H&M, Zara, etc)

$62.6 ISK 7,837

$46.55 CHF 36.36

34.54%

Sport Shoes (Adidas, Nike)

$183 ISK 22.9K

$129 CHF 101

41.85%

Men's Leather Business Shoes

$268 ISK 33.5K

$159 CHF 124

68.22%

1-bedroom Apartment, City Center (Monthly)

$2,197 ISK 274.9K

$1,298 CHF 1,014

69.26%

1-bedroom Apartment, Outside City Center (Monthly)

$2,053 ISK 256.9K

$1,166 CHF 910

76.13%

3-bedroom Apartment, City Center (Monthly)

$3,159 ISK 395.3K

$2,271 CHF 1,773

39.12%

3-bedroom Apartment, Outside City Center (Monthly)

$2,728 ISK 341.4K

$1,832 CHF 1,431

48.92%

Buy Apartment in City Center (m2)

$7,833 ISK 980.2K

$15.7K CHF 12.2K

-49.96%

Buy Apartment Outside City Center (m2)

$6,268 ISK 784.4K

$13.2K CHF 10.3K

-52.54%

Average Monthly Net Salary (After Tax)

$4,471 ISK 559.5K

$7,973 CHF 6,227

-43.92%

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: March 3, 2026

Last update for Biel: March 3, 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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