Cost of Living Comparison Between Reykjavik and Phuket Cost of Living Comparison Between Reykjavik and Phuket

😐 Solo nomad: Reykjavik is 146.7% more expensive than Phuket without rent, and 204% more expensive with rent.

😐 Family of 3: Reykjavik is 153.8% more expensive than Phuket without rent, and 116.2% more expensive with rent.

Meal at Budget Restaurant

$26.47 ISK 3,231

$4.59 ฿147

476.69%

Three-Course Dinner for Two, Mid-Range

$142 ISK 17.4K

$46.83 ฿1,498

203.61%

Fast Food Meal (McDonalds, etc)

$22.61 ISK 2,760

$8.70 ฿278

159.89%

Cappuccino

$6.17 ISK 753

$2.92 ฿93.5

111.30%

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

$3.35 ISK 409

$0.68 ฿21.86

392.65%

Water (0.33 liter bottle)

$2.63 ISK 321

$0.40 ฿12.67

557.50%

Local Beer (0.5 liter draught)

$12.64 ISK 1,543

$2.51 ฿80.2

403.59%

Imported Beer (0.33 liter bottle)

$11.33 ISK 1,384

$3.80 ฿122

198.16%

Milk (1 liter)

$1.93 ISK 236

$2.16 ฿69.1

-10.65%

White Bread (500g)

$4.15 ISK 507

$1.88 ฿60.2

120.74%

Rice (white) (1kg)

$3.74 ISK 456

$2.16 ฿69.0

73.15%

Eggs

$6.27 ISK 766

$2.22 ฿71.0

182.43%

Local Cheese (1kg)

$17.92 ISK 2,188

$19.57 ฿626

-8.43%

Chicken Fillets (1kg)

$24.05 ISK 2,936

$3.80 ฿122

532.89%

Beef Round Steak (1kg)

$42.07 ISK 5,136

$13.41 ฿429

213.72%

Apples (1kg)

$3.22 ISK 393

$3.26 ฿104

-1.23%

Banana (1kg)

$2.52 ISK 307

$1.61 ฿51.5

56.52%

Oranges (1kg)

$3.09 ISK 377

$2.31 ฿73.8

33.77%

Tomato (1kg)

$5.09 ISK 621

$2.06 ฿65.8

147.09%

Potato (1kg)

$3.58 ISK 437

$1.61 ฿51.3

122.36%

Onion (1kg)

$2.44 ISK 297

$1.44 ฿46.15

69.44%

Lettuce (1 head)

$3.18 ISK 389

$1.03 ฿32.92

208.74%

Water (1.5 liter bottle)

$1.94 ISK 237

$0.48 ฿15.35

304.17%

Cigarettes 20 Pack (Marlboro, Camel)

$13.71 ISK 1,674

$4.50 ฿144

204.67%

Wine (Bottle)

$22.59 ISK 2,758

$19.18 ฿613

17.78%

Local Beer (0.5 liter bottle)

$3.55 ISK 434

$1.82 ฿58.3

95.05%

Imported Beer (0.33 liter bottle)

$3.33 ISK 406

$2.69 ฿86.0

23.79%

One-way Ticket (Public Transport)

$5.28 ISK 644

$1.38 ฿44.05

282.61%

Public Transport Monthly Pass (Regular Price)

$87.1 ISK 10.6K

$11.76 ฿376

640.31%

Taxi Start (Normal Tariff)

$6.25 ISK 763

$3.11 ฿99.3

100.96%

Taxi (Normal Tariff) (1km)

$2.51 ISK 307

$1.00 ฿32.10

151.00%

Taxi 1hour Waiting (Normal Tariff)

$84.7 ISK 10.3K

$13.74 ฿439

516.67%

Gasoline (1 liter)

$2.46 ISK 300

$1.30 ฿41.50

89.23%

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

$46.5K ISK 5.7M

$27.4K ฿874.8K

69.89%

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

$51.5K ISK 6.3M

$33.0K ฿1.1M

55.94%

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

$87.7 ISK 10.7K

$125 ฿3,994

-29.78%

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

$27.91 ISK 3,407

$13.74 ฿439

103.13%

Internet (50+ Mbps, Unlimited Data)

$84.5 ISK 10.3K

$18.61 ฿595

353.95%

Gym Membership (Monthly)

$82.7 ISK 10.1K

$60.6 ฿1,936

36.52%

Tennis Court (1 Hour on Weekend)

$37.97 ISK 4,635

$17.15 ฿548

121.40%

Cinema Ticket

$17.78 ISK 2,170

$9.01 ฿288

97.34%

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

$324 ISK 39.6K

$698 ฿22.3K

-53.49%

International Primary School, 1 Child (Yearly)

$29.7K ISK 3.6M

$16.1K ฿515.3K

84.08%

Jeans (Levis 501 Or Similar)

$140 ISK 17.1K

$59.2 ฿1,894

136.78%

Summer Dress (H&M, Zara, etc)

$60.6 ISK 7,399

$34.86 ฿1,115

73.90%

Sport Shoes (Adidas, Nike)

$181 ISK 22.1K

$114 ฿3,653

58.75%

Men's Leather Business Shoes

$263 ISK 32.1K

$85.8 ฿2,744

206.05%

1-bedroom Apartment, City Center (Monthly)

$2,250 ISK 274.7K

$619 ฿19.8K

263.76%

1-bedroom Apartment, Outside City Center (Monthly)

$2,007 ISK 245.0K

$437 ฿14.0K

359.56%

3-bedroom Apartment, City Center (Monthly)

$3,118 ISK 380.6K

$2,075 ฿66.4K

50.24%

3-bedroom Apartment, Outside City Center (Monthly)

$2,755 ISK 336.3K

$1,509 ฿48.3K

82.56%

Buy Apartment in City Center (m2)

$8,013 ISK 978.1K

$3,764 ฿120.4K

112.89%

Buy Apartment Outside City Center (m2)

$6,528 ISK 796.9K

$2,694 ฿86.1K

142.37%

Average Monthly Net Salary (After Tax)

$4,449 ISK 543.1K

$528 ฿16.9K

741.90%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

5.33

80.68%

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

Last update for Reykjavik: April 14, 2026

Last update for Phuket: April 13, 2026

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Reykjavik vs other spots: cost of living compared

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