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

😐 Solo nomad: Reykjavik is 7.6% more expensive than Kirkjubaejarklaustur without rent, and 134.2% more expensive with rent.

😐 Family of 3: Reykjavik is 9% more expensive than Kirkjubaejarklaustur without rent, and 76.5% more expensive with rent.

Meal at Budget Restaurant

$26.70 ISK 3,364

$26.74 ISK 3,368

-0.15%

Three-Course Dinner for Two, Mid-Range

$145 ISK 18.2K

$143 ISK 18.1K

0.84%

Fast Food Meal (McDonalds, etc)

$22.39 ISK 2,820

$22.14 ISK 2,789

1.13%

Cappuccino

$6.06 ISK 764

$6.16 ISK 775

-1.62%

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

$3.28 ISK 414

$3.39 ISK 427

-3.24%

Water (0.33 liter bottle)

$2.62 ISK 330

$2.52 ISK 317

3.97%

Local Beer (0.5 liter draught)

$13.02 ISK 1,640

$12.66 ISK 1,595

2.84%

Imported Beer (0.33 liter bottle)

$11.28 ISK 1,421

$11.12 ISK 1,400

1.44%

Milk (1 liter)

$1.87 ISK 235

$1.89 ISK 238

-1.06%

White Bread (500g)

$4.32 ISK 544

$4.26 ISK 536

1.41%

Rice (white) (1kg)

$3.71 ISK 468

$3.57 ISK 450

3.92%

Eggs

$6.52 ISK 821

$6.53 ISK 823

-0.15%

Local Cheese (1kg)

$18.16 ISK 2,288

$18.10 ISK 2,280

0.33%

Chicken Fillets (1kg)

$23.83 ISK 3,002

$23.85 ISK 3,004

-0.08%

Beef Round Steak (1kg)

$42.83 ISK 5,395

$43.03 ISK 5,421

-0.46%

Apples (1kg)

$3.37 ISK 424

$3.25 ISK 409

3.69%

Banana (1kg)

$2.50 ISK 315

$2.51 ISK 316

-0.40%

Oranges (1kg)

$3.03 ISK 382

$2.98 ISK 375

1.68%

Tomato (1kg)

$4.98 ISK 627

$4.93 ISK 620

1.01%

Potato (1kg)

$3.66 ISK 461

$3.50 ISK 441

4.57%

Onion (1kg)

$2.40 ISK 302

$2.34 ISK 295

2.56%

Lettuce (1 head)

$3.06 ISK 386

$3.17 ISK 400

-3.47%

Water (1.5 liter bottle)

$2.01 ISK 253

$1.98 ISK 250

1.52%

Cigarettes 20 Pack (Marlboro, Camel)

$13.82 ISK 1,741

$13.78 ISK 1,736

0.29%

Wine (Bottle)

$23.58 ISK 2,971

$23.40 ISK 2,948

0.77%

Local Beer (0.5 liter bottle)

$3.55 ISK 447

$3.59 ISK 453

-1.11%

Imported Beer (0.33 liter bottle)

$3.24 ISK 408

$3.25 ISK 409

-0.31%

One-way Ticket (Public Transport)

$5.19 ISK 654

Public Transport Monthly Pass (Regular Price)

$87.7 ISK 11.0K

Taxi Start (Normal Tariff)

$6.18 ISK 778

$6.41 ISK 808

-3.59%

Taxi (Normal Tariff) (1km)

$2.64 ISK 333

$2.66 ISK 335

-0.75%

Taxi 1hour Waiting (Normal Tariff)

$87.3 ISK 11.0K

$86.0 ISK 10.8K

1.49%

Gasoline (1 liter)

$2.56 ISK 322

$2.48 ISK 312

3.23%

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

$48.0K ISK 6.0M

$46.5K ISK 5.9M

3.21%

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

$52.5K ISK 6.6M

$51.7K ISK 6.5M

1.45%

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

$88.6 ISK 11.2K

$88.1 ISK 11.1K

0.61%

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

$27.96 ISK 3,522

$27.81 ISK 3,504

0.54%

Internet (50+ Mbps, Unlimited Data)

$84.7 ISK 10.7K

$86.0 ISK 10.8K

-1.56%

Gym Membership (Monthly)

$81.7 ISK 10.3K

Tennis Court (1 Hour on Weekend)

$38.00 ISK 4,786

Cinema Ticket

$17.53 ISK 2,208

$17.26 ISK 2,174

1.56%

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

$316 ISK 39.7K

$325 ISK 40.9K

-2.79%

International Primary School, 1 Child (Yearly)

$30.1K ISK 3.8M

$30.2K ISK 3.8M

-0.21%

Jeans (Levis 501 Or Similar)

$140 ISK 17.6K

$138 ISK 17.4K

1.03%

Summer Dress (H&M, Zara, etc)

$62.4 ISK 7,863

$61.3 ISK 7,716

1.89%

Sport Shoes (Adidas, Nike)

$182 ISK 22.9K

-0.15%

Men's Leather Business Shoes

$264 ISK 33.2K

$264 ISK 33.3K

-0.18%

1-bedroom Apartment, City Center (Monthly)

$2,225 ISK 280.3K

1-bedroom Apartment, Outside City Center (Monthly)

$2,047 ISK 257.9K

3-bedroom Apartment, City Center (Monthly)

$3,154 ISK 397.3K

3-bedroom Apartment, Outside City Center (Monthly)

$2,691 ISK 339.0K

Buy Apartment in City Center (m2)

$7,541 ISK 949.9K

Buy Apartment Outside City Center (m2)

$6,257 ISK 788.1K

Average Monthly Net Salary (After Tax)

$4,489 ISK 565.5K

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: January 10, 2026

Last update for Kirkjubaejarklaustur: 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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