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

🙂 Solo nomad: Tbilisi is 61.6% cheaper than Reykjavik without rent, and 68.7% cheaper with rent.
🙂 Family of 3: Tbilisi is 61.8% cheaper than Reykjavik without rent, and 65.4% cheaper with rent.
Currency
🍽 Eating Out
Tbilisi
Reykjavik
Difference
Meal at Budget Restaurant
$10.75 ₾29.26
$26.9 ISK 3,355
-60.04%
Three-Course Dinner for Two, Mid-Range
$43.26 ₾118
$146 ISK 18.3K
-70.44%
Fast Food Meal (McDonalds, etc)
$8.45 ₾22.99
$22.18 ISK 2,767
-61.90%
Cappuccino
$3.13 ₾8.5
$6.08 ISK 758
-48.52%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$0.76 ₾2.07
$3.4 ISK 424
-77.65%
Water (0.33 liter bottle)
$0.45 ₾1.23
$2.5 ISK 312
-82.00%
Local Beer (0.5 liter draught)
$2.14 ₾5.83
$12.96 ISK 1,617
-83.49%
Imported Beer (0.33 liter bottle)
$2.95 ₾8.02
$11.05 ISK 1,379
-73.30%
🛒 Groceries & Markets
Tbilisi
Reykjavik
Difference
Milk (1 liter)
$1.89 ₾5.15
$1.88 ISK 234
0.53%
White Bread (500g)
$0.68 ₾1.86
$4.26 ISK 531
-84.04%
Rice (white) (1kg)
$1.85 ₾5.03
$3.67 ISK 458
-49.59%
Eggs
$2.55 ₾6.95
$6.51 ISK 813
-60.83%
Local Cheese (1kg)
$7.79 ₾21.19
$17.83 ISK 2,224
-56.31%
Chicken Fillets (1kg)
$6.5 ₾17.69
$24.1 ISK 3,006
-73.03%
Beef Round Steak (1kg)
$9.64 ₾26.22
$43.22 ISK 5,391
-77.70%
Apples (1kg)
$1.21 ₾3.28
$3.19 ISK 397
-62.07%
Banana (1kg)
$1.59 ₾4.33
$2.54 ISK 317
-37.40%
Oranges (1kg)
$1.78 ₾4.85
$3.09 ISK 386
-42.39%
Tomato (1kg)
$2.32 ₾6.3
$5.03 ISK 628
-53.88%
Potato (1kg)
$0.71 ₾1.94
$3.59 ISK 447
-80.22%
Onion (1kg)
$0.68 ₾1.85
$2.4 ISK 300
-71.67%
Lettuce (1 head)
$1.24 ₾3.37
$3.08 ISK 384
-59.74%
Water (1.5 liter bottle)
$0.71 ₾1.92
$2.01 ISK 250
-64.68%
Cigarettes 20 Pack (Marlboro, Camel)
$2.93 ₾7.97
$13.9 ISK 1,734
-78.92%
Wine (Bottle)
$7.34 ₾19.96
$23.87 ISK 2,978
-69.25%
Local Beer (0.5 liter bottle)
$1.55 ₾4.21
$3.62 ISK 452
-57.18%
Imported Beer (0.33 liter bottle)
$2.23 ₾6.08
$3.32 ISK 414
-32.83%
🚌 Getting Around
Tbilisi
Reykjavik
Difference
One-way Ticket (Public Transport)
$0.36 ₾0.98
$5.27 ISK 658
-93.17%
Public Transport Monthly Pass (Regular Price)
$14.67 ₾39.91
$86.4 ISK 10.8K
-83.02%
Taxi Start (Normal Tariff)
$1.5 ₾4.07
$6.26 ISK 781
-76.04%
Taxi (Normal Tariff) (1km)
$0.72 ₾1.97
$2.53 ISK 316
-71.54%
Taxi 1hour Waiting (Normal Tariff)
$7.09 ₾19.3
$85.2 ISK 10.6K
-91.68%
Gasoline (1 liter)
$1.14 ₾3.09
$2.57 ISK 321
-55.64%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$18.4K ₾50.1K
$47.8K ISK 6M
-61.52%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$20.4K ₾55.6K
$52.4K ISK 6.5M
-60.99%
🧾 Monthly Utilities & Internet
Tbilisi
Reykjavik
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$74 ₾201
$86.5 ISK 10.8K
-14.43%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$11.72 ₾31.89
$26.91 ISK 3,357
-56.45%
Internet (50+ Mbps, Unlimited Data)
$17.76 ₾48.31
$84.9 ISK 10.6K
-79.09%
🎉 Sport & Entertainment
Tbilisi
Reykjavik
Difference
Gym Membership (Monthly)
$61.7 ₾168
$82.7 ISK 10.3K
-25.38%
Tennis Court (1 Hour on Weekend)
$16.27 ₾44.26
$38.2 ISK 4,765
-57.41%
Cinema Ticket
$6.48 ₾17.62
$17.83 ISK 2,225
-63.66%
🧸 Childcare & Education
Tbilisi
Reykjavik
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$267 ₾727
$318 ISK 39.7K
-16.12%
International Primary School, 1 Child (Yearly)
$5,107 ₾13.9K
$29.9K ISK 3.7M
-82.94%
👕👟 Clothing & Footwear
Tbilisi
Reykjavik
Difference
Jeans (Levis 501 Or Similar)
$77.4 ₾211
$141 ISK 17.6K
-45.11%
Summer Dress (H&M, Zara, etc)
$43.57 ₾119
$62.4 ISK 7,785
-30.18%
Sport Shoes (Adidas, Nike)
$119 ₾325
$183 ISK 22.9K
-34.90%
Men's Leather Business Shoes
$112 ₾305
$267 ISK 33.3K
-57.99%
🏠 Accommodation & Living
Tbilisi
Reykjavik
Difference
1-bedroom Apartment, City Center (Monthly)
$696 ₾1,895
$2,179 ISK 271.8K
-68.03%
1-bedroom Apartment, Outside City Center (Monthly)
$468 ₾1,273
$2,000 ISK 249.6K
-76.60%
3-bedroom Apartment, City Center (Monthly)
$1,351 ₾3,675
$3,152 ISK 393.2K
-57.14%
3-bedroom Apartment, Outside City Center (Monthly)
$779 ₾2,119
$2,726 ISK 340.1K
-71.43%
Buy Apartment in City Center (m2)
$2,244 ₾6,104
$7,821 ISK 975.7K
-71.31%
Buy Apartment Outside City Center (m2)
$1,354 ₾3,683
$6,501 ISK 811K
-79.18%
💵 Salaries & Financials
Tbilisi
Reykjavik
Difference
Average Monthly Net Salary (After Tax)
$606 ₾1,650
$4,376 ISK 546K
-86.14%
20-Year Fixed Mortgage Interest Rate (Annual %)
11.89
9.63
23.47%

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

Last update for Tbilisi: October 27, 2025

Last update for Reykjavik: October 28, 2025

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