122.42
New York, NY
🇺🇸 United States
Cost of Living in Reykjavik - Updated Prices & Insights
126.45
Solo nomad: Estimated monthly costs are $1,710 (excluding rent), and $3,767 including rent.
Family of 3: Estimated monthly costs are $4,321 (excluding rent), and $7,144 including rent.
🍽 Eating Out
Cost
Range
Meal at Budget Restaurant
$27.34 kr 3,411
$15.51 kr 1,935
$48.97 kr 6,109
Three-Course Dinner for Two, Mid-Range
$146 kr 18.2K
$81 kr 10.1K
$243 kr 30.3K
Fast Food Meal (McDonalds, etc)
$22.65 kr 2,826
$19.42 kr 2,422
$27.5 kr 3,431
Cappuccino
$5.96 kr 743
$3.92 kr 489
$7.44 kr 928
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.38 kr 422
$2.45 kr 306
$4.11 kr 512
Water (0.33 liter bottle)
$2.63 kr 328
$2.06 kr 256
$3.95 kr 492
Local Beer (0.5 liter draught)
$12.81 kr 1,598
$8.01 kr 999
$14.42 kr 1,798
Imported Beer (0.33 liter bottle)
$11.06 kr 1,380
$8.69 kr 1,084
$14.23 kr 1,775
🛒 Groceries & Markets
Cost
Range
Milk (1 liter)
$1.88 kr 234
$1.61 kr 201
$2.76 kr 345
White Bread (500g)
$4.18 kr 522
$2.57 kr 320
$7.88 kr 983
Rice (white) (1kg)
$3.68 kr 459
$2.4 kr 299
$6.32 kr 789
Eggs
$6.23 kr 777
$4.71 kr 588
$8.48 kr 1,058
Local Cheese (1kg)
$18.03 kr 2,250
$11.18 kr 1,395
$23.97 kr 2,990
Chicken Fillets (1kg)
$24.22 kr 3,022
$12.12 kr 1,512
$28.77 kr 3,589
Beef Round Steak (1kg)
$42.67 kr 5,323
$24.22 kr 3,021
$56.6 kr 7,062
Apples (1kg)
$3.24 kr 404
$2.13 kr 266
$4.76 kr 593
Banana (1kg)
$2.52 kr 314
$2.26 kr 281
$4.51 kr 563
Oranges (1kg)
$3.12 kr 390
$2.47 kr 308
$4.93 kr 616
Tomato (1kg)
$5.09 kr 635
$3.68 kr 460
$7.36 kr 918
Potato (1kg)
$3.66 kr 456
$2.44 kr 305
$4.56 kr 569
Onion (1kg)
$2.37 kr 295
$1.4 kr 175
$4.39 kr 548
Lettuce (1 head)
$3.14 kr 392
$1.83 kr 228
$5.23 kr 653
Water (1.5 liter bottle)
$2.02 kr 252
$1.03 kr 128
$3.72 kr 464
Cigarettes 20 Pack (Marlboro, Camel)
$13.45 kr 1,678
$11.86 kr 1,480
$14.96 kr 1,866
Wine (Bottle)
$24.3 kr 3,031
$16.19 kr 2,020
$36.44 kr 4,546
Local Beer (0.5 liter bottle)
$3.6 kr 449
$3.17 kr 395
$3.96 kr 495
Imported Beer (0.33 liter bottle)
$3.32 kr 414
$2.11 kr 264
$4.87 kr 608
🚌 Getting Around
Cost
Range
One-way Ticket (Public Transport)
$5.17 kr 645
$5.01 kr 626
$5.33 kr 665
Public Transport Monthly Pass (Regular Price)
$85.4 kr 10.7K
$82.2 kr 10.3K
$87 kr 10.8K
Taxi Start (Normal Tariff)
$6.47 kr 807
$5.74 kr 716
$8.19 kr 1,022
Taxi (Normal Tariff) (1km)
$2.53 kr 316
$2.1 kr 262
$3.35 kr 418
Taxi 1hour Waiting (Normal Tariff)
$86.7 kr 10.8K
$80.1 kr 9,995
$97.1 kr 12.1K
Gasoline (1 liter)
$2.53 kr 315
$2.38 kr 296
$2.61 kr 326
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$48.3K kr 6M
$45.1K kr 5.6M
$50.7K kr 6.3M
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$52.3K kr 6.5M
$49.8K kr 6.2M
$56.3K kr 7M
🧾 Monthly Utilities & Internet
Cost
Range
Utilities (Heating, Electricity, Gas, Water, Garbage) for 2 People in 2-bedroom Apartment (Monthly) (85m2)
$88.3 kr 11K
$61 kr 7,614
$202 kr 25.2K
SIM Card Monthly Plan (Calls and 10GB+ Data)
$27.96 kr 3,487
$20.47 kr 2,554
$40.95 kr 5,108
Internet (50+ Mbps, Unlimited Data)
$84.9 kr 10.6K
$60.1 kr 7,493
$120 kr 15K
🎉 Sport & Entertainment
Cost
Range
Gym Membership (Monthly)
$83.1 kr 10.4K
$56.4 kr 7,030
$127 kr 15.8K
Tennis Court (1 Hour on Weekend)
$38.22 kr 4,768
$17.21 kr 2,146
$61.4 kr 7,664
Cinema Ticket
$17.55 kr 2,189
$14.43 kr 1,800
$18.43 kr 2,299
🧸 Childcare & Education
Cost
Range
Preschool (or Kindergarten), Full Day, Private, 1 Child (Monthly)
$323 kr 40.3K
$270 kr 33.7K
$405 kr 50.5K
International Primary School, 1 Child (Yearly)
$30.3K kr 3.8M
$30.3K kr 3.8M
$30.3K kr 3.8M
👕👟 Clothing & Footwear
Cost
Range
Jeans (Levis 501 Or Similar)
$138 kr 17.2K
$95.6 kr 11.9K
$175 kr 21.9K
Summer Dress (H&M, Zara, etc)
$62.8 kr 7,835
$40.96 kr 5,110
$107 kr 13.3K
Sport Shoes (Adidas, Nike)
$183 kr 22.9K
$121 kr 15.1K
$242 kr 30.2K
Men's Leather Business Shoes
$270 kr 33.7K
$147 kr 18.4K
$343 kr 42.8K
🏠 Accommodation & Living
Cost
Range
1-bedroom Apartment, City Center (Monthly)
$2,239 kr 279.3K
$1,788 kr 223K
$2,763 kr 344.7K
1-bedroom Apartment, Outside City Center (Monthly)
$2,037 kr 254.2K
$1,614 kr 201.3K
$2,421 kr 302K
3-bedroom Apartment, City Center (Monthly)
$3,242 kr 404.4K
$2,868 kr 357.8K
$4,098 kr 511.2K
3-bedroom Apartment, Outside City Center (Monthly)
$2,689 kr 335.4K
$2,364 kr 294.9K
$3,152 kr 393.2K
Buy Apartment in City Center (m2)
$7,684 kr 958.6K
$7,205 kr 898.8K
$8,905 kr 1.1M
Buy Apartment Outside City Center (m2)
$6,327 kr 789.3K
$5,541 kr 691.2K
$7,915 kr 987.5K
💵 Salaries & Financials
Cost
Range
Average Monthly Net Salary (After Tax)
$4,372 kr 545.4K
-
20-Year Fixed Mortgage Interest Rate (Annual %)
9.63
5
11
Citycost data is based on AI and user input — minor inaccuracies may occur.
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