Cost of Living Comparison Between Reykjavik and Chiang Mai Cost of Living Comparison Between Reykjavik and Chiang Mai

😐 Solo nomad: Reykjavik is 216.9% more expensive than Chiang Mai without rent, and 343% more expensive with rent.

😐 Family of 3: Reykjavik is 249.2% more expensive than Chiang Mai without rent, and 293.5% more expensive with rent.

Meal at Budget Restaurant

$26.70 ISK 3,364

$1.97 ฿62.0

1255.33%

Three-Course Dinner for Two, Mid-Range

$145 ISK 18.2K

$18.68 ฿587

674.52%

Fast Food Meal (McDonalds, etc)

$22.39 ISK 2,820

$7.92 ฿249

182.70%

Cappuccino

$6.06 ISK 764

$2.02 ฿63.7

200.00%

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

$3.28 ISK 414

$0.84 ฿26.45

290.48%

Water (0.33 liter bottle)

$2.62 ISK 330

$0.35 ฿11.07

648.57%

Local Beer (0.5 liter draught)

$13.02 ISK 1,640

$2.22 ฿69.9

486.49%

Imported Beer (0.33 liter bottle)

$11.28 ISK 1,421

$3.59 ฿113

214.21%

Milk (1 liter)

$1.87 ISK 235

$1.67 ฿52.4

11.98%

White Bread (500g)

$4.32 ISK 544

$1.62 ฿51.1

166.67%

Rice (white) (1kg)

$3.71 ISK 468

$1.20 ฿37.83

209.17%

Eggs

$6.52 ISK 821

$1.93 ฿60.8

237.82%

Local Cheese (1kg)

$18.16 ISK 2,288

$16.00 ฿503

13.50%

Chicken Fillets (1kg)

$23.83 ISK 3,002

$3.16 ฿99.2

654.11%

Beef Round Steak (1kg)

$42.83 ISK 5,395

$10.93 ฿344

291.86%

Apples (1kg)

$3.37 ISK 424

$2.67 ฿83.8

26.22%

Banana (1kg)

$2.50 ISK 315

$1.18 ฿36.99

111.86%

Oranges (1kg)

$3.03 ISK 382

$1.64 ฿51.5

84.76%

Tomato (1kg)

$4.98 ISK 627

$1.59 ฿49.83

213.21%

Potato (1kg)

$3.66 ISK 461

$1.32 ฿41.64

177.27%

Onion (1kg)

$2.40 ISK 302

$1.19 ฿37.49

101.68%

Lettuce (1 head)

$3.06 ISK 386

$0.71 ฿22.20

330.99%

Water (1.5 liter bottle)

$2.01 ISK 253

$0.56 ฿17.75

258.93%

Cigarettes 20 Pack (Marlboro, Camel)

$13.82 ISK 1,741

$4.64 ฿146

197.84%

Wine (Bottle)

$23.58 ISK 2,971

$18.96 ฿596

24.37%

Local Beer (0.5 liter bottle)

$3.55 ISK 447

$1.77 ฿55.7

100.56%

Imported Beer (0.33 liter bottle)

$3.24 ISK 408

$3.20 ฿101

1.25%

One-way Ticket (Public Transport)

$5.19 ISK 654

$0.90 ฿28.32

476.67%

Public Transport Monthly Pass (Regular Price)

$87.7 ISK 11.0K

$19.24 ฿605

355.67%

Taxi Start (Normal Tariff)

$6.18 ISK 778

$1.36 ฿42.78

354.41%

Taxi (Normal Tariff) (1km)

$2.64 ISK 333

$1.35 ฿42.37

95.56%

Taxi 1hour Waiting (Normal Tariff)

$87.3 ISK 11.0K

$8.15 ฿256

970.80%

Gasoline (1 liter)

$2.56 ISK 322

$1.22 ฿38.43

109.84%

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

$48.0K ISK 6.0M

$21.4K ฿671.8K

124.46%

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

$52.5K ISK 6.6M

$21.7K ฿683.8K

141.28%

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

$88.6 ISK 11.2K

$70.3 ฿2,210

26.09%

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

$27.96 ISK 3,522

$13.91 ฿437

101.01%

Internet (50+ Mbps, Unlimited Data)

$84.7 ISK 10.7K

$18.00 ฿566

370.39%

Gym Membership (Monthly)

$81.7 ISK 10.3K

$41.78 ฿1,314

95.48%

Tennis Court (1 Hour on Weekend)

$38.00 ISK 4,786

$6.80 ฿214

458.82%

Cinema Ticket

$17.53 ISK 2,208

$5.72 ฿180

206.47%

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

$316 ISK 39.7K

$308 ฿9,693

2.35%

International Primary School, 1 Child (Yearly)

$30.1K ISK 3.8M

$14.8K ฿465.7K

103.28%

Jeans (Levis 501 Or Similar)

$140 ISK 17.6K

$55.9 ฿1,756

149.97%

Summer Dress (H&M, Zara, etc)

$62.4 ISK 7,863

$26.71 ฿840

133.70%

Sport Shoes (Adidas, Nike)

$182 ISK 22.9K

$84.5 ฿2,658

115.18%

Men's Leather Business Shoes

$264 ISK 33.2K

$70.8 ฿2,227

272.33%

1-bedroom Apartment, City Center (Monthly)

$2,225 ISK 280.3K

$431 ฿13.5K

416.80%

1-bedroom Apartment, Outside City Center (Monthly)

$2,047 ISK 257.9K

$237 ฿7,439

765.26%

3-bedroom Apartment, City Center (Monthly)

$3,154 ISK 397.3K

$811 ฿25.5K

289.12%

3-bedroom Apartment, Outside City Center (Monthly)

$2,691 ISK 339.0K

$501 ฿15.7K

437.45%

Buy Apartment in City Center (m2)

$7,541 ISK 949.9K

$2,202 ฿69.2K

242.39%

Buy Apartment Outside City Center (m2)

$6,257 ISK 788.1K

$1,600 ฿50.3K

290.98%

Average Monthly Net Salary (After Tax)

$4,489 ISK 565.5K

$684 ฿21.5K

555.84%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

92.60%

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

Last update for Reykjavik: January 10, 2026

Last update for Chiang Mai: January 13, 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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