Cost of Living Comparison Between Reykjavik and Kirkjubaejarklaustur Cost of Living Comparison Between Reykjavik and Kirkjubaejarklaustur

🙂 Solo nomad: Reykjavik is 2% cheaper than Kirkjubaejarklaustur without rent, and 139.6% more expensive with rent.

😐 Family of 3: Reykjavik is 9.3% more expensive than Kirkjubaejarklaustur without rent, and 78.2% more expensive with rent.

Meal at Budget Restaurant

$26.9 ISK 3,355

$27.13 ISK 3,385

-0.85%

Three-Course Dinner for Two, Mid-Range

$146 ISK 18.3K

$144 ISK 18K

1.30%

Fast Food Meal (McDonalds, etc)

$22.18 ISK 2,767

$22.94 ISK 2,861

-3.31%

Cappuccino

$6.08 ISK 758

$6.12 ISK 764

-0.65%

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

$3.4 ISK 424

$3.26 ISK 406

4.29%

Water (0.33 liter bottle)

$2.5 ISK 312

Local Beer (0.5 liter draught)

$12.96 ISK 1,617

$12.76 ISK 1,592

1.57%

Imported Beer (0.33 liter bottle)

$11.05 ISK 1,379

$11.06 ISK 1,380

-0.09%

Milk (1 liter)

$1.88 ISK 234

$1.86 ISK 232

1.08%

White Bread (500g)

$4.26 ISK 531

$4.34 ISK 542

-1.84%

Rice (white) (1kg)

$3.67 ISK 458

$3.75 ISK 467

-2.13%

Eggs

$6.51 ISK 813

$6.56 ISK 818

-0.76%

Local Cheese (1kg)

$17.83 ISK 2,224

$17.88 ISK 2,230

-0.28%

Chicken Fillets (1kg)

$24.1 ISK 3,006

$23.69 ISK 2,955

1.73%

Beef Round Steak (1kg)

$43.22 ISK 5,391

$42.25 ISK 5,270

2.30%

Apples (1kg)

$3.19 ISK 397

$3.24 ISK 404

-1.54%

Banana (1kg)

$2.54 ISK 317

$2.42 ISK 301

4.96%

Oranges (1kg)

$3.09 ISK 386

$3.1 ISK 386

-0.32%

Tomato (1kg)

$5.03 ISK 628

$5.08 ISK 634

-0.98%

Potato (1kg)

$3.59 ISK 447

$3.64 ISK 454

-1.37%

Onion (1kg)

$2.4 ISK 300

$2.41 ISK 300

-0.41%

Lettuce (1 head)

$3.08 ISK 384

$3.19 ISK 399

-3.45%

Water (1.5 liter bottle)

$2.01 ISK 250

$1.99 ISK 249

1.01%

Cigarettes 20 Pack (Marlboro, Camel)

$13.9 ISK 1,734

$13.67 ISK 1,705

1.68%

Wine (Bottle)

$23.87 ISK 2,978

$24.55 ISK 3,062

-2.77%

Local Beer (0.5 liter bottle)

$3.62 ISK 452

$3.57 ISK 446

1.40%

Imported Beer (0.33 liter bottle)

$3.32 ISK 414

$3.37 ISK 421

-1.48%

One-way Ticket (Public Transport)

$5.27 ISK 658

Public Transport Monthly Pass (Regular Price)

$86.4 ISK 10.8K

Taxi Start (Normal Tariff)

$6.26 ISK 781

$6.25 ISK 779

0.16%

Taxi (Normal Tariff) (1km)

$2.53 ISK 316

$2.67 ISK 333

-5.24%

Taxi 1hour Waiting (Normal Tariff)

$85.2 ISK 10.6K

$84.6 ISK 10.6K

0.74%

Gasoline (1 liter)

$2.57 ISK 321

$2.55 ISK 318

0.78%

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

$47.8K ISK 6M

$46.8K ISK 5.8M

2.25%

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

$52.4K ISK 6.5M

$53.1K ISK 6.6M

-1.28%

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

$86.5 ISK 10.8K

$89.2 ISK 11.1K

-3.02%

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

$26.91 ISK 3,357

$26.9 ISK 3,356

0.04%

Internet (50+ Mbps, Unlimited Data)

$84.9 ISK 10.6K

$86.2 ISK 10.8K

-1.51%

Gym Membership (Monthly)

$82.7 ISK 10.3K

Tennis Court (1 Hour on Weekend)

$38.2 ISK 4,765

Cinema Ticket

$17.83 ISK 2,225

$17.44 ISK 2,176

2.24%

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

$318 ISK 39.7K

$326 ISK 40.7K

-2.32%

International Primary School, 1 Child (Yearly)

$29.9K ISK 3.7M

$30.2K ISK 3.8M

-0.78%

Jeans (Levis 501 Or Similar)

$141 ISK 17.6K

$142 ISK 17.7K

-0.49%

Summer Dress (H&M, Zara, etc)

$62.4 ISK 7,785

$61.5 ISK 7,665

1.55%

Sport Shoes (Adidas, Nike)

$183 ISK 22.9K

$180 ISK 22.4K

2.00%

Men's Leather Business Shoes

$267 ISK 33.3K

-0.12%

1-bedroom Apartment, City Center (Monthly)

$2,179 ISK 271.8K

1-bedroom Apartment, Outside City Center (Monthly)

$2,000 ISK 249.6K

3-bedroom Apartment, City Center (Monthly)

$3,152 ISK 393.2K

3-bedroom Apartment, Outside City Center (Monthly)

$2,726 ISK 340.1K

Buy Apartment in City Center (m2)

$7,821 ISK 975.7K

Buy Apartment Outside City Center (m2)

$6,501 ISK 811K

Average Monthly Net Salary (After Tax)

$4,376 ISK 546K

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

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

Last update for Reykjavik: October 28, 2025

Last update for Kirkjubaejarklaustur: October 27, 2025

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