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

🙂 Solo nomad: Reykjavik is 11.7% cheaper than Schaffhausen without rent, and 20% more expensive with rent.

😐 Family of 3: Reykjavik is 15% more expensive than Schaffhausen without rent, and 4.5% more expensive with rent.

Meal at Budget Restaurant

$27.22 ISK 3,406

$30.60 CHF 23.84

-11.05%

Three-Course Dinner for Two, Mid-Range

$145 ISK 18.1K

$125 CHF 97.1

16.05%

Fast Food Meal (McDonalds, etc)

$22.41 ISK 2,804

$16.18 CHF 12.60

38.50%

Cappuccino

$5.94 ISK 744

$5.39 CHF 4.20

10.20%

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

$3.26 ISK 408

$5.16 CHF 4.02

-36.82%

Water (0.33 liter bottle)

$2.54 ISK 318

$4.26 CHF 3.32

-40.38%

Local Beer (0.5 liter draught)

$12.83 ISK 1,606

$7.87 CHF 6.13

63.02%

Imported Beer (0.33 liter bottle)

$11.46 ISK 1,434

$7.56 CHF 5.89

51.59%

Milk (1 liter)

$1.88 ISK 236

$1.99 CHF 1.55

-5.53%

White Bread (500g)

$4.33 ISK 542

$3.65 CHF 2.84

18.63%

Rice (white) (1kg)

$3.57 ISK 447

$3.57 CHF 2.78

Eggs

$6.56 ISK 821

$8.00 CHF 6.23

-18.00%

Local Cheese (1kg)

$18.18 ISK 2,275

$29.20 CHF 22.75

-37.74%

Chicken Fillets (1kg)

$24.52 ISK 3,068

$34.70 CHF 27.03

-29.34%

Beef Round Steak (1kg)

$42.03 ISK 5,260

$50.3 CHF 39.15

-16.36%

Apples (1kg)

$3.20 ISK 400

$3.61 CHF 2.82

-11.36%

Banana (1kg)

$2.42 ISK 303

$2.31 CHF 1.80

4.76%

Oranges (1kg)

$3.06 ISK 383

$2.95 CHF 2.30

3.73%

Tomato (1kg)

$4.86 ISK 609

$6.30 CHF 4.91

-22.86%

Potato (1kg)

$3.66 ISK 458

$2.45 CHF 1.91

49.39%

Onion (1kg)

$2.34 ISK 293

$2.52 CHF 1.96

-7.14%

Lettuce (1 head)

$3.14 ISK 393

$2.60 CHF 2.03

20.77%

Water (1.5 liter bottle)

$2.02 ISK 253

$1.28 CHF 1.00

57.81%

Cigarettes 20 Pack (Marlboro, Camel)

$13.91 ISK 1,741

$11.11 CHF 8.65

25.20%

Wine (Bottle)

$23.74 ISK 2,971

$14.15 CHF 11.03

67.77%

Local Beer (0.5 liter bottle)

$3.69 ISK 462

$1.38 CHF 1.07

167.39%

Imported Beer (0.33 liter bottle)

$3.23 ISK 404

$2.70 CHF 2.10

19.63%

One-way Ticket (Public Transport)

$5.29 ISK 662

$3.80 CHF 2.96

39.21%

Public Transport Monthly Pass (Regular Price)

$88.2 ISK 11.0K

$87.8 CHF 68.4

0.42%

Taxi Start (Normal Tariff)

$6.54 ISK 818

$10.15 CHF 7.91

-35.57%

Taxi (Normal Tariff) (1km)

$2.60 ISK 326

$3.90 CHF 3.04

-33.33%

Taxi 1hour Waiting (Normal Tariff)

$85.8 ISK 10.7K

$61.2 CHF 47.69

40.15%

Gasoline (1 liter)

$2.51 ISK 315

$2.14 CHF 1.67

17.29%

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

$47.1K ISK 5.9M

$40.1K CHF 31.2K

17.59%

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

$52.6K ISK 6.6M

$42.8K CHF 33.4K

22.68%

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

$89.2 ISK 11.2K

$244 CHF 190

-63.44%

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

$27.07 ISK 3,387

$28.56 CHF 22.25

-5.22%

Internet (50+ Mbps, Unlimited Data)

$84.2 ISK 10.5K

$43.54 CHF 33.92

93.29%

Gym Membership (Monthly)

$84.0 ISK 10.5K

$112 CHF 87.4

-25.14%

Tennis Court (1 Hour on Weekend)

$38.09 ISK 4,766

$46.58 CHF 36.28

-18.23%

Cinema Ticket

$17.42 ISK 2,180

$22.27 CHF 17.35

-21.78%

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

$324 ISK 40.5K

$3,308 CHF 2,577

-90.21%

International Primary School, 1 Child (Yearly)

$30.5K ISK 3.8M

$43.4K CHF 33.8K

-29.75%

Jeans (Levis 501 Or Similar)

$141 ISK 17.7K

$115 CHF 89.6

23.02%

Summer Dress (H&M, Zara, etc)

$62.6 ISK 7,836

$66.8 CHF 52.0

-6.20%

Sport Shoes (Adidas, Nike)

$183 ISK 22.9K

$131 CHF 102

40.43%

Men's Leather Business Shoes

$268 ISK 33.5K

$157 CHF 122

71.20%

1-bedroom Apartment, City Center (Monthly)

$2,197 ISK 274.9K

$1,214 CHF 946

80.96%

1-bedroom Apartment, Outside City Center (Monthly)

$2,053 ISK 256.9K

$1,225 CHF 955

67.57%

3-bedroom Apartment, City Center (Monthly)

$3,159 ISK 395.2K

$2,689 CHF 2,094

17.48%

3-bedroom Apartment, Outside City Center (Monthly)

$2,728 ISK 341.4K

$2,139 CHF 1,666

27.55%

Buy Apartment in City Center (m2)

$7,833 ISK 980.1K

$8,630 CHF 6,722

-9.23%

Buy Apartment Outside City Center (m2)

$6,268 ISK 784.4K

$6,865 CHF 5,348

-8.69%

Average Monthly Net Salary (After Tax)

$4,471 ISK 559.5K

$9,615 CHF 7,490

-53.50%

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: March 3, 2026

Last update for Schaffhausen: March 1, 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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