Cost of Living Comparison Between Reykjavik and Schaffhausen Cost of Living Comparison Between Reykjavik and Schaffhausen

🙂 Solo nomad: Reykjavik is 1.6% cheaper than Schaffhausen without rent, and 22.3% more expensive with rent.

🙂 Family of 3: Reykjavik is 6.1% cheaper than Schaffhausen without rent, and 7.9% more expensive with rent.

Meal at Budget Restaurant

$26.70 ISK 3,364

$30.84 CHF 24.76

-13.42%

Three-Course Dinner for Two, Mid-Range

$145 ISK 18.2K

$122 CHF 98.0

18.59%

Fast Food Meal (McDonalds, etc)

$22.39 ISK 2,820

$15.81 CHF 12.70

41.62%

Cappuccino

$6.06 ISK 764

$5.59 CHF 4.48

8.41%

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

$3.28 ISK 414

$5.33 CHF 4.28

-38.46%

Water (0.33 liter bottle)

$2.62 ISK 330

$4.21 CHF 3.38

-37.77%

Local Beer (0.5 liter draught)

$13.02 ISK 1,640

$8.25 CHF 6.62

57.82%

Imported Beer (0.33 liter bottle)

$11.28 ISK 1,421

$7.21 CHF 5.79

56.45%

Milk (1 liter)

$1.87 ISK 235

$1.89 CHF 1.52

-1.06%

White Bread (500g)

$4.32 ISK 544

$3.78 CHF 3.04

14.29%

Rice (white) (1kg)

$3.71 ISK 468

$3.50 CHF 2.81

6.00%

Eggs

$6.52 ISK 821

$7.81 CHF 6.27

-16.52%

Local Cheese (1kg)

$18.16 ISK 2,288

$29.31 CHF 23.53

-38.04%

Chicken Fillets (1kg)

$23.83 ISK 3,002

$35.18 CHF 28.25

-32.26%

Beef Round Steak (1kg)

$42.83 ISK 5,395

$51.9 CHF 41.68

-17.49%

Apples (1kg)

$3.37 ISK 424

$3.77 CHF 3.03

-10.61%

Banana (1kg)

$2.50 ISK 315

$2.21 CHF 1.78

13.12%

Oranges (1kg)

$3.03 ISK 382

$2.89 CHF 2.32

4.84%

Tomato (1kg)

$4.98 ISK 627

$6.28 CHF 5.04

-20.70%

Potato (1kg)

$3.66 ISK 461

$2.39 CHF 1.92

53.14%

Onion (1kg)

$2.40 ISK 302

$2.39 CHF 1.92

0.42%

Lettuce (1 head)

$3.06 ISK 386

$2.58 CHF 2.07

18.60%

Water (1.5 liter bottle)

$2.01 ISK 253

$1.22 CHF 0.98

64.75%

Cigarettes 20 Pack (Marlboro, Camel)

$13.82 ISK 1,741

$10.93 CHF 8.78

26.44%

Wine (Bottle)

$23.58 ISK 2,971

$13.94 CHF 11.19

69.15%

Local Beer (0.5 liter bottle)

$3.55 ISK 447

$1.36 CHF 1.10

161.03%

Imported Beer (0.33 liter bottle)

$3.24 ISK 408

$2.71 CHF 2.18

19.56%

One-way Ticket (Public Transport)

$5.19 ISK 654

$3.78 CHF 3.03

37.30%

Public Transport Monthly Pass (Regular Price)

$87.7 ISK 11.0K

$85.3 CHF 68.5

2.81%

Taxi Start (Normal Tariff)

$6.18 ISK 778

$9.62 CHF 7.72

-35.76%

Taxi (Normal Tariff) (1km)

$2.64 ISK 333

$3.98 CHF 3.20

-33.67%

Taxi 1hour Waiting (Normal Tariff)

$87.3 ISK 11.0K

$61.4 CHF 49.27

42.23%

Gasoline (1 liter)

$2.56 ISK 322

$2.21 CHF 1.78

15.84%

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

$48.0K ISK 6.0M

$40.7K CHF 32.7K

17.87%

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

$52.5K ISK 6.6M

$42.3K CHF 34.0K

24.01%

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

$88.6 ISK 11.2K

$247 CHF 198

-64.11%

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

$27.96 ISK 3,522

$29.02 CHF 23.31

-3.65%

Internet (50+ Mbps, Unlimited Data)

$84.7 ISK 10.7K

$42.92 CHF 34.46

97.27%

Gym Membership (Monthly)

$81.7 ISK 10.3K

$109 CHF 87.4

-24.98%

Tennis Court (1 Hour on Weekend)

$38.00 ISK 4,786

$46.39 CHF 37.25

-18.09%

Cinema Ticket

$17.53 ISK 2,208

$22.43 CHF 18.01

-21.85%

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

$316 ISK 39.7K

$3,335 CHF 2,678

-90.54%

International Primary School, 1 Child (Yearly)

$30.1K ISK 3.8M

$43.3K CHF 34.8K

-30.47%

Jeans (Levis 501 Or Similar)

$140 ISK 17.6K

$111 CHF 89.0

26.00%

Summer Dress (H&M, Zara, etc)

$62.4 ISK 7,863

$68.9 CHF 55.3

-9.34%

Sport Shoes (Adidas, Nike)

$182 ISK 22.9K

$134 CHF 108

35.84%

Men's Leather Business Shoes

$264 ISK 33.2K

$155 CHF 125

69.99%

1-bedroom Apartment, City Center (Monthly)

$2,225 ISK 280.3K

$1,216 CHF 976

83.06%

1-bedroom Apartment, Outside City Center (Monthly)

$2,047 ISK 257.9K

$1,238 CHF 994

65.44%

3-bedroom Apartment, City Center (Monthly)

$3,154 ISK 397.3K

$2,715 CHF 2,180

16.18%

3-bedroom Apartment, Outside City Center (Monthly)

$2,691 ISK 339.0K

$2,172 CHF 1,744

23.88%

Buy Apartment in City Center (m2)

$7,541 ISK 949.9K

$8,433 CHF 6,772

-10.58%

Buy Apartment Outside City Center (m2)

$6,257 ISK 788.1K

$6,680 CHF 5,364

-6.34%

Average Monthly Net Salary (After Tax)

$4,489 ISK 565.5K

$7,470 CHF 5,999

-39.91%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

2.5

285.20%

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

Last update for Reykjavik: January 10, 2026

Last update for Schaffhausen: January 12, 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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