Cities / Europe / Iceland

Reykjavik

Iceland

One person needs about ISK 398,592 a month here, renting a 1-bedroom flat in the centre. A family of four needs about ISK 1,157,608.

Starting estimate, no reports yet.

Until people report prices here, these numbers come from the city's overall price level. How this is calculated

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Starting estimate: about ISK 563 to ISK 788. Nobody has reported this here yet.

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What a month costs in Reykjavik

Renting in the city centre. Built from the prices below. What we count

  • Rent1-bedroom flatISK 230,106
  • GroceriesSupermarket shoppingISK 51,289
  • Eating outAbout two meals out a week, plus coffeeISK 48,201
  • Getting aroundPublic transport, plus the odd taxiISK 19,135
  • BillsPower, water, phone and internetISK 31,670
  • Going outGym and the cinemaISK 15,260
  • ClothesAveraged over the yearISK 2,931
  • Total per monthISK 398,592

All prices in Reykjavik

Typical price is the median of recent reports, weighted towards the newest. Estimated rows have few reports so far.

Rent

ItemTypicalWhat people paidReports
1-bedroom flat, city centreEstimated ISK 230,106 0 reports
1-bedroom flat, outside the centreEstimated ISK 165,676 0 reports
3-bedroom flat, city centreEstimated ISK 483,222 0 reports
3-bedroom flat, outside the centreEstimated ISK 345,159 0 reports

Groceries

ItemTypicalWhat people paidReports
Milk, 1 LEstimated ISK 157 0 reports
Fresh white bread, 500 gEstimated ISK 484 0 reports
White rice, 1 kgEstimated ISK 606 0 reports
Eggs, 12Estimated ISK 606 0 reports
Local cheese, 1 kgEstimated ISK 1,817 0 reports
Chicken fillets, 1 kgEstimated ISK 1,574 0 reports
Beef, round or similar, 1 kgEstimated ISK 2,180 0 reports
Apples, 1 kgEstimated ISK 666 0 reports
Bananas, 1 kgEstimated ISK 218 0 reports
Oranges, 1 kgEstimated ISK 606 0 reports
Tomatoes, 1 kgEstimated ISK 666 0 reports
Potatoes, 1 kgEstimated ISK 424 0 reports
Onions, 1 kgEstimated ISK 424 0 reports
Lettuce, 1 headEstimated ISK 339 0 reports
Bottled water, 1.5 LEstimated ISK 266 0 reports
Bottle of mid-range wineEstimated ISK 1,938 0 reports
Local beer, 0.5 L, from a shopEstimated ISK 363 0 reports
Cigarettes, pack of 20Estimated ISK 1,938 0 reports

Eating out

ItemTypicalWhat people paidReports
Meal at an inexpensive restaurantEstimated ISK 3,028 0 reports
Three-course dinner for two, mid-range restaurantEstimated ISK 12,111 0 reports
Fast-food combo mealEstimated ISK 1,453 0 reports
Cappuccino, regularEstimated ISK 666 0 reports
Local draft beer, 0.5 LEstimated ISK 1,090 0 reports
Soft drink, 0.33 L, in a caféEstimated ISK 303 0 reports

Getting around

ItemTypicalWhat people paidReports
One-way local transit ticketEstimated ISK 351 0 reports
Monthly public transport passEstimated ISK 15,986 0 reports
Taxi, starting fareEstimated ISK 424 0 reports
Taxi, per kmEstimated ISK 230 0 reports
Petrol, 1 LEstimated ISK 121 0 reports

Bills

ItemTypicalWhat people paidReports
Electricity, water, heating and cooling for 85 m²Estimated ISK 25,433 0 reports
Mobile plan with calls and 10 GB+ dataEstimated ISK 7,266 0 reports
Home internet, 60 Mbps or fasterEstimated ISK 7,872 0 reports

Going out

ItemTypicalWhat people paidReports
Gym membership, monthlyEstimated ISK 10,900 0 reports
Cinema ticketEstimated ISK 2,180 0 reports

Clothes

ItemTypicalWhat people paidReports
Jeans, Levi's 501 or similarEstimated ISK 7,872 0 reports
Summer dress from a chain storeEstimated ISK 5,450 0 reports
Running shoes, mid-rangeEstimated ISK 13,322 0 reports

Childcare

ItemTypicalWhat people paidReports
Private full-day preschool, monthly, one childEstimated ISK 278,549 0 reports
International primary school, yearly, one childEstimated ISK 5,086,549 0 reports

Buying a home

ItemTypicalWhat people paidReports
Price per m² to buy a flat, centreEstimated ISK 1,104,508 0 reports
Price per m² to buy a flat, outside the centreEstimated ISK 713,328 0 reports
Most reports (10th–90th percentile)Middle half of reports

Compare Reykjavik with

How much more (+) or less (−) one person spends in Reykjavik than in each city, rent included.

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