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

😐 Solo nomad: Reykjavik is 211.3% more expensive than Chiang Mai without rent, and 342.1% more expensive with rent.

😐 Family of 3: Reykjavik is 239.6% more expensive than Chiang Mai without rent, and 292.4% more expensive with rent.

Meal at Budget Restaurant

$26.9 ISK 3,355

$2.02 ฿65.3

1231.68%

Three-Course Dinner for Two, Mid-Range

$146 ISK 18.3K

$18.78 ฿608

679.34%

Fast Food Meal (McDonalds, etc)

$22.18 ISK 2,767

$7.67 ฿248

189.18%

Cappuccino

$6.08 ISK 758

$1.98 ฿64.2

207.07%

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

$3.4 ISK 424

$0.82 ฿26.64

314.63%

Water (0.33 liter bottle)

$2.5 ISK 312

$0.33 ฿10.58

657.58%

Local Beer (0.5 liter draught)

$12.96 ISK 1,617

$2.12 ฿68.6

511.32%

Imported Beer (0.33 liter bottle)

$11.05 ISK 1,379

$3.73 ฿121

196.25%

Milk (1 liter)

$1.88 ISK 234

$1.64 ฿53.2

14.63%

White Bread (500g)

$4.26 ISK 531

$1.57 ฿50.9

171.34%

Rice (white) (1kg)

$3.67 ISK 458

$1.19 ฿38.62

208.40%

Eggs

$6.51 ISK 813

$1.98 ฿64.1

228.79%

Local Cheese (1kg)

$17.83 ISK 2,224

$15.99 ฿517

11.51%

Chicken Fillets (1kg)

$24.1 ISK 3,006

$3.12 ฿101

672.44%

Beef Round Steak (1kg)

$43.22 ISK 5,391

$11.16 ฿361

287.28%

Apples (1kg)

$3.19 ISK 397

$2.76 ฿89.2

15.58%

Banana (1kg)

$2.54 ISK 317

$1.22 ฿39.5

108.20%

Oranges (1kg)

$3.09 ISK 386

$1.71 ฿55.4

80.70%

Tomato (1kg)

$5.03 ISK 628

$1.55 ฿50.2

224.52%

Potato (1kg)

$3.59 ISK 447

$1.34 ฿43.21

167.91%

Onion (1kg)

$2.4 ISK 300

$1.21 ฿39.23

98.35%

Lettuce (1 head)

$3.08 ISK 384

$0.72 ฿23.2

327.78%

Water (1.5 liter bottle)

$2.01 ISK 250

$0.53 ฿17.05

279.25%

Cigarettes 20 Pack (Marlboro, Camel)

$13.9 ISK 1,734

$4.72 ฿153

194.49%

Wine (Bottle)

$23.87 ISK 2,978

$18.39 ฿595

29.80%

Local Beer (0.5 liter bottle)

$3.62 ISK 452

$1.79 ฿57.9

102.23%

Imported Beer (0.33 liter bottle)

$3.32 ISK 414

$3.21 ฿104

3.43%

One-way Ticket (Public Transport)

$5.27 ISK 658

$0.94 ฿30.44

460.64%

Public Transport Monthly Pass (Regular Price)

$86.4 ISK 10.8K

$18.9 ฿612

357.25%

Taxi Start (Normal Tariff)

$6.26 ISK 781

$1.42 ฿46.08

340.85%

Taxi (Normal Tariff) (1km)

$2.53 ISK 316

$1.35 ฿43.53

87.41%

Taxi 1hour Waiting (Normal Tariff)

$85.2 ISK 10.6K

$7.85 ฿254

985.61%

Gasoline (1 liter)

$2.57 ISK 321

$1.25 ฿40.4

105.60%

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

$47.8K ISK 6M

$21.2K ฿684.9K

125.90%

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

$52.4K ISK 6.5M

$21.8K ฿706.8K

139.91%

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

$86.5 ISK 10.8K

$70.6 ฿2,285

22.52%

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

$26.91 ISK 3,357

$13.72 ฿444

96.14%

Internet (50+ Mbps, Unlimited Data)

$84.9 ISK 10.6K

$17.56 ฿568

383.60%

Gym Membership (Monthly)

$82.7 ISK 10.3K

$41.64 ฿1,347

98.58%

Tennis Court (1 Hour on Weekend)

$38.2 ISK 4,765

$6.9 ฿223

453.62%

Cinema Ticket

$17.83 ISK 2,225

$5.8 ฿188

207.41%

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

$318 ISK 39.7K

$308 ฿9,963

3.44%

International Primary School, 1 Child (Yearly)

$29.9K ISK 3.7M

$14.7K ฿475.8K

103.58%

Jeans (Levis 501 Or Similar)

$141 ISK 17.6K

$55.4 ฿1,793

154.46%

Summer Dress (H&M, Zara, etc)

$62.4 ISK 7,785

$26.4 ฿854

136.36%

Sport Shoes (Adidas, Nike)

$183 ISK 22.9K

$85.1 ฿2,755

115.39%

Men's Leather Business Shoes

$267 ISK 33.3K

$71.8 ฿2,323

271.72%

1-bedroom Apartment, City Center (Monthly)

$2,179 ISK 271.8K

$434 ฿14K

401.80%

1-bedroom Apartment, Outside City Center (Monthly)

$2,000 ISK 249.6K

$235 ฿7,610

750.66%

3-bedroom Apartment, City Center (Monthly)

$3,152 ISK 393.2K

$821 ฿26.6K

283.87%

3-bedroom Apartment, Outside City Center (Monthly)

$2,726 ISK 340.1K

$498 ฿16.1K

447.15%

Buy Apartment in City Center (m2)

$7,821 ISK 975.7K

$2,180 ฿70.6K

258.72%

Buy Apartment Outside City Center (m2)

$6,501 ISK 811K

$1,543 ฿49.9K

321.34%

Average Monthly Net Salary (After Tax)

$4,376 ISK 546K

$703 ฿22.8K

522.18%

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: October 28, 2025

Last update for Chiang Mai: October 29, 2025

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