Cost of Living Comparison Between Reykjavik and Tbilisi Cost of Living Comparison Between Reykjavik and Tbilisi

😐 Solo nomad: Reykjavik is 157.5% more expensive than Tbilisi without rent, and 211.3% more expensive with rent.

😐 Family of 3: Reykjavik is 165.7% more expensive than Tbilisi without rent, and 186.9% more expensive with rent.

Meal at Budget Restaurant

$26.47 ISK 3,231

$10.78 ₾29.00

145.55%

Three-Course Dinner for Two, Mid-Range

$142 ISK 17.4K

$43.10 ₾116

229.88%

Fast Food Meal (McDonalds, etc)

$22.61 ISK 2,760

$8.27 ₾22.24

173.40%

Cappuccino

$6.17 ISK 753

$2.95 ₾7.94

109.15%

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

$3.35 ISK 409

$0.76 ₾2.05

340.79%

Water (0.33 liter bottle)

$2.63 ISK 321

$0.42 ₾1.13

526.19%

Local Beer (0.5 liter draught)

$12.64 ISK 1,543

$2.24 ₾6.03

464.29%

Imported Beer (0.33 liter bottle)

$11.33 ISK 1,384

$2.87 ₾7.71

294.77%

Milk (1 liter)

$1.93 ISK 236

$1.93 ₾5.19

White Bread (500g)

$4.15 ISK 507

$0.68 ₾1.84

510.29%

Rice (white) (1kg)

$3.74 ISK 456

$1.85 ₾4.97

102.16%

Eggs

$6.27 ISK 766

$2.49 ₾6.69

151.81%

Local Cheese (1kg)

$17.92 ISK 2,188

$7.54 ₾20.27

137.67%

Chicken Fillets (1kg)

$24.05 ISK 2,936

$6.35 ₾17.09

278.74%

Beef Round Steak (1kg)

$42.07 ISK 5,136

$9.43 ₾25.38

346.13%

Apples (1kg)

$3.22 ISK 393

$1.18 ₾3.16

172.88%

Banana (1kg)

$2.52 ISK 307

$1.58 ₾4.26

59.49%

Oranges (1kg)

$3.09 ISK 377

$1.86 ₾5.00

66.13%

Tomato (1kg)

$5.09 ISK 621

$2.24 ₾6.03

127.23%

Potato (1kg)

$3.58 ISK 437

$0.66 ₾1.79

442.42%

Onion (1kg)

$2.44 ISK 297

$0.68 ₾1.83

258.82%

Lettuce (1 head)

$3.18 ISK 389

$1.18 ₾3.17

169.49%

Water (1.5 liter bottle)

$1.94 ISK 237

$0.66 ₾1.77

193.94%

Cigarettes 20 Pack (Marlboro, Camel)

$13.71 ISK 1,674

$3.07 ₾8.25

346.58%

Wine (Bottle)

$22.59 ISK 2,758

$7.56 ₾20.34

198.81%

Local Beer (0.5 liter bottle)

$3.55 ISK 434

$1.52 ₾4.08

133.55%

Imported Beer (0.33 liter bottle)

$3.33 ISK 406

$2.29 ₾6.15

45.41%

One-way Ticket (Public Transport)

$5.28 ISK 644

$0.35 ₾0.95

1408.57%

Public Transport Monthly Pass (Regular Price)

$87.1 ISK 10.6K

$14.79 ₾39.78

488.64%

Taxi Start (Normal Tariff)

$6.25 ISK 763

$1.45 ₾3.90

331.03%

Taxi (Normal Tariff) (1km)

$2.51 ISK 307

$0.73 ₾1.97

243.84%

Taxi 1hour Waiting (Normal Tariff)

$84.7 ISK 10.3K

$7.35 ₾19.78

1052.79%

Gasoline (1 liter)

$2.46 ISK 300

$1.09 ₾2.93

125.69%

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

$46.5K ISK 5.7M

$18.4K ₾49.5K

152.47%

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

$51.5K ISK 6.3M

$20.3K ₾54.5K

154.00%

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

$87.7 ISK 10.7K

$73.3 ₾197

19.62%

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

$27.91 ISK 3,407

$11.72 ₾31.53

138.14%

Internet (50+ Mbps, Unlimited Data)

$84.5 ISK 10.3K

$17.87 ₾48.08

372.75%

Gym Membership (Monthly)

$82.7 ISK 10.1K

$61.2 ₾165

35.04%

Tennis Court (1 Hour on Weekend)

$37.97 ISK 4,635

$16.34 ₾43.94

132.37%

Cinema Ticket

$17.78 ISK 2,170

$6.59 ₾17.73

169.80%

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

$324 ISK 39.6K

$261 ₾702

24.35%

International Primary School, 1 Child (Yearly)

$29.7K ISK 3.6M

$5,156 ₾13.9K

475.19%

Jeans (Levis 501 Or Similar)

$140 ISK 17.1K

$76.1 ₾205

84.13%

Summer Dress (H&M, Zara, etc)

$60.6 ISK 7,399

$43.83 ₾118

38.31%

Sport Shoes (Adidas, Nike)

$181 ISK 22.1K

$121 ₾325

50.20%

Men's Leather Business Shoes

$263 ISK 32.1K

$113 ₾304

132.46%

1-bedroom Apartment, City Center (Monthly)

$2,250 ISK 274.7K

$696 ₾1,873

223.16%

1-bedroom Apartment, Outside City Center (Monthly)

$2,007 ISK 245.0K

$456 ₾1,226

340.56%

3-bedroom Apartment, City Center (Monthly)

$3,118 ISK 380.6K

$1,301 ₾3,500

139.64%

3-bedroom Apartment, Outside City Center (Monthly)

$2,755 ISK 336.3K

$768 ₾2,067

258.55%

Buy Apartment in City Center (m2)

$8,013 ISK 978.1K

$2,500 ₾6,725

220.52%

Buy Apartment Outside City Center (m2)

$6,528 ISK 796.9K

$1,432 ₾3,853

355.83%

Average Monthly Net Salary (After Tax)

$4,449 ISK 543.1K

$653 ₾1,756

581.46%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

11.89

-19.01%

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

Last update for Reykjavik: April 14, 2026

Last update for Tbilisi: 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

Similar cities

London

🇬🇧 United Kingdom

San Diego, CA

🇺🇸 United States

Washington, DC

🇺🇸 United States

Basel

🇨🇭 Switzerland

Honolulu, HI

🇺🇸 United States

Brooklyn, NY

🇺🇸 United States

Irvine, CA

🇺🇸 United States

Jersey City, NJ

🇺🇸 United States