Cost of Living in Reykjavik

Iceland

Cost of Living in Reykjavik

Capital Region

Last updated:April 1, 2026

Groceries

Apples 1kg
$3.42
Bananas 1kg
$2.36
Beef 1kg
$40.30
Bread 500g
$3.60
Chicken Breast 1kg
$16.59
Cigarettes (20 pack)
$12.96
Coca-Cola 2L
$2.65
Domestic Beer 500mL
$3.78
Eggs (12)
$6.61
Imported Beer 330mL
$3.01
lettuce
Lettuce 1kg
$3.16
Local Cheese 1kg
$13.86
Milk 1L
$1.77
onion
Onions 1kg
$2.23
Oranges 1kg
$2.90
Potatoes 1kg
$3.34
Rice 1kg
$3.39
Tomatoes 1kg
$5.14
Water 1.5L
$2.15
Wine Bottle
$28.40

Restaurants & Dining

Beer
$10.32
Cocktail
$26.00
Coffee
$5.74
Inexpensive Meal
$28.14
Mid-Range Meal
$100.15
Soda (Restaurant)
$3.21
Water
$2.49

Housing & Accommodation

1 Bedroom Apartment (City Center)
$2,222.30
1 Bedroom Apartment (Outside Center)
$1,861.16
3 Bedrooms Apartment (City Center)
$2,977.05
3 Bedrooms Apartment (Outside Center)
$2,534.32

Transportation

Car
$42,399.00
Gasoline 1L
$2.27
Monthly Pass
$78.90
One-way Ticket
$4.94
Taxi (per km)
$2.38
Taxi Start
$5.89
Taxi Trip
$86.00
Taxi Waiting (1 hour)
$80.71

Utilities

Basic Utilities (Small Apartment)
$237.00
Basic Utilities 85m²
$211.06
Internet
$75.62
Mobile Minute
$0.41
Phone Plan
$25.94

Entertainment

cinema
Cinema
$22.32
Gym
$119.75
Tennis Court
$40.06
Theater
$103.00

Personal Carepersonal care

Deodorant
$4.93
Haircut
$57.00
Shampoo
$5.18
Toilet Paper
$4.78
Toothpaste
$3.21

Clothing & Shoesclothing

Dress
$74.89
Jeans
$118.14
Leather Shoes
$222.34
sneakers
Sneakers
$178.38

Healthcare

Antibiotics
$14.00
Cold Medicine
$9.00
Doctor Visit
$82.00

Education

International School
$28,456.41
Preschool
$289.39

Other Expenses

Average Salary
$4,031.26
Cleaning
$46.00
Laundry Detergent
$20.00
Microwave
$207.00
Tablet
$1,178.00
TV
$920.00

Total Monthly Cost

$5,409

Overview

Airbnb Rent
$3,971

Median rent based on analysis of 37 apartments in April

Minimum$1,598
Maximum$4,777
Groceries
$577
Food Outside
$660
Base Cost
$201
Data Sources
NumbeoExpatistan

Cost Trends

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