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

😐 Solo nomad: Reykjavik is 1.5% more expensive than Schaffhausen without rent, and 23.9% more expensive with rent.

🙂 Family of 3: Reykjavik is 12.8% cheaper than Schaffhausen without rent, and 4.3% more expensive with rent.

Meal at Budget Restaurant

$26.49 ISK 3,374

$30.88 CHF 24.85

-14.22%

Three-Course Dinner for Two, Mid-Range

$145 ISK 18.4K

$122 CHF 98.5

18.29%

Fast Food Meal (McDonalds, etc)

$22.1 ISK 2,814

$15.74 CHF 12.66

40.41%

Cappuccino

$6.05 ISK 770

$5.4 CHF 4.34

12.04%

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

$3.37 ISK 429

$5.46 CHF 4.39

-38.28%

Water (0.33 liter bottle)

$2.6 ISK 331

$4.4 CHF 3.54

-40.91%

Local Beer (0.5 liter draught)

$12.76 ISK 1,625

$7.9 CHF 6.36

61.52%

Imported Beer (0.33 liter bottle)

$11.41 ISK 1,454

$7.3 CHF 5.87

56.30%

Milk (1 liter)

$1.94 ISK 247

$1.92 CHF 1.54

1.04%

White Bread (500g)

$4.33 ISK 551

$3.65 CHF 2.93

18.63%

Rice (white) (1kg)

$3.59 ISK 457

$3.67 CHF 2.95

-2.18%

Eggs

$6.3 ISK 803

$7.91 CHF 6.37

-20.35%

Local Cheese (1kg)

$17.79 ISK 2,266

$29.17 CHF 23.48

-39.01%

Chicken Fillets (1kg)

$24.2 ISK 3,082

$35.78 CHF 28.8

-32.36%

Beef Round Steak (1kg)

$41.74 ISK 5,316

$51.9 CHF 41.77

-19.58%

Apples (1kg)

$3.25 ISK 414

$3.82 CHF 3.07

-14.92%

Banana (1kg)

$2.54 ISK 324

$2.3 CHF 1.85

10.43%

Oranges (1kg)

$3.11 ISK 396

$2.89 CHF 2.32

7.61%

Tomato (1kg)

$4.85 ISK 618

$6.05 CHF 4.87

-19.83%

Potato (1kg)

$3.67 ISK 468

$2.49 CHF 2.01

47.39%

Onion (1kg)

$2.34 ISK 299

$2.45 CHF 1.97

-4.49%

Lettuce (1 head)

$3.15 ISK 401

$2.66 CHF 2.14

18.42%

Water (1.5 liter bottle)

$2.03 ISK 258

$1.29 CHF 1.04

57.36%

Cigarettes 20 Pack (Marlboro, Camel)

$13.9 ISK 1,771

$10.91 CHF 8.78

27.41%

Wine (Bottle)

$24.04 ISK 3,061

$15.31 CHF 12.32

57.02%

Local Beer (0.5 liter bottle)

$3.62 ISK 461

$1.37 CHF 1.11

164.23%

Imported Beer (0.33 liter bottle)

$3.3 ISK 420

$2.69 CHF 2.16

22.68%

One-way Ticket (Public Transport)

$5.28 ISK 672

$3.9 CHF 3.14

35.38%

Public Transport Monthly Pass (Regular Price)

$85.7 ISK 10.9K

$85.1 CHF 68.5

0.67%

Taxi Start (Normal Tariff)

$6.29 ISK 801

$9.59 CHF 7.72

-34.41%

Taxi (Normal Tariff) (1km)

$2.6 ISK 331

$3.93 CHF 3.16

-33.84%

Taxi 1hour Waiting (Normal Tariff)

$87.6 ISK 11.2K

$62.1 CHF 49.95

41.13%

Gasoline (1 liter)

$2.43 ISK 310

$2.15 CHF 1.73

13.02%

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

$47.7K ISK 6.1M

$39.9K CHF 32.1K

19.40%

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

$51.3K ISK 6.5M

$42.7K CHF 34.3K

20.22%

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

$86.8 ISK 11.1K

$246 CHF 198

-64.74%

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

$26.89 ISK 3,425

$28.77 CHF 23.15

-6.53%

Internet (50+ Mbps, Unlimited Data)

$85.8 ISK 10.9K

$42.79 CHF 34.44

100.47%

Gym Membership (Monthly)

$81.7 ISK 10.4K

$112 CHF 90.2

-27.10%

Tennis Court (1 Hour on Weekend)

$37.19 ISK 4,736

$46.98 CHF 37.81

-20.84%

Cinema Ticket

$17.57 ISK 2,237

$22.59 CHF 18.18

-22.22%

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

$321 ISK 40.8K

$3,372 CHF 2,713

-90.49%

International Primary School, 1 Child (Yearly)

$30.5K ISK 3.9M

$43.3K CHF 34.9K

-29.62%

Jeans (Levis 501 Or Similar)

$140 ISK 17.8K

$113 CHF 91.3

23.35%

Summer Dress (H&M, Zara, etc)

$61.7 ISK 7,851

$66.9 CHF 53.8

-7.79%

Sport Shoes (Adidas, Nike)

$186 ISK 23.7K

$130 CHF 105

42.81%

Men's Leather Business Shoes

$266 ISK 33.9K

$156 CHF 126

70.15%

1-bedroom Apartment, City Center (Monthly)

$2,234 ISK 284.5K

$1,207 CHF 972

85.03%

1-bedroom Apartment, Outside City Center (Monthly)

$2,049 ISK 260.9K

$1,220 CHF 982

67.93%

3-bedroom Apartment, City Center (Monthly)

$3,138 ISK 399.6K

$2,676 CHF 2,154

17.27%

3-bedroom Apartment, Outside City Center (Monthly)

$2,754 ISK 350.7K

$2,213 CHF 1,781

24.43%

Buy Apartment in City Center (m2)

$7,668 ISK 976.5K

$7,063 CHF 5,685

8.56%

Buy Apartment Outside City Center (m2)

$6,241 ISK 794.8K

$5,859 CHF 4,716

6.51%

Average Monthly Net Salary (After Tax)

$4,130 ISK 526K

$7,177 CHF 5,776

-42.45%

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: November 29, 2025

Last update for Schaffhausen: November 30, 2025

Digital Nomad Cost of Living Index

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