Cost of living comparison

 Aalborg, Denmark
compared to
 Reykjavik, Iceland
Reykjavik vs. Aalborg Cost of Living Summary

Reykjavik is 21.9% more expensive than Aalborg.

Restaurants
pay 13.6% less in Reykjavik
Groceries
pay 22.3% more in Reykjavik
Transportation
pay 4.7% more in Reykjavik
Housing
pay 74.7% more in Reykjavik
Childcare
pay 2.8% less in Reykjavik
Entertainment and Sports
pay 30.6% more in Reykjavik
Clothing
pay 37.1% more in Reykjavik

The cost of housing, clothing, entertainment and sports, groceries, and transportation in Reykjavik are more expensive than in Aalborg. Expenses including restaurants and childcare are lower in Reykjavik.

Reykjavik vs. Aalborg Cost Breakdown

If you lived in Reykjavik instead of Aalborg, you would:

pay 13.6% less for restaurants

 
Aalborg
Reykjavik
Basic meal with drink at inexpensive restaurant $28.75
DKK183.39
$20.00
ISK2,436
Fast food combo meal
McDonalds, or similar
$14.37
DKK91.70
$18.02
ISK2,195
Bottle of Coca-Cola (11 fl. oz) $4.07
DKK25.94
$3.15
ISK384

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pay 22.3% more for groceries

 
Aalborg
Reykjavik
Bread
1 loaf
$3.81
DKK24.30
$3.61
ISK440
Local cheese (8 oz) $8.73
DKK55.71
$7.76
ISK945
Milk (1 gallon) $7.22
DKK46.09
$6.40
ISK780

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pay 4.7% more for transportation

 
Aalborg
Reykjavik
Gasoline (1 gallon) $7.57
DKK48.28
$8.50
ISK1,036
Monthly public transit pass $61.08
DKK389.71
$74.95
ISK9,130
New Volkswagen Golf 1.4 (standard edition) $43,117.71
DKK275,090.99
$42,450.45
ISK5,170,889

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pay 74.7% more for housing

 
Aalborg
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$39.90
DKK254.55
$69.87
ISK8,510
1-Bedroom apartment in downtown area $879.12
DKK5,608.80
$1,971.17
ISK240,108
1-Bedroom apartment outside city center $656.35
DKK4,187.50
$1,803.44
ISK219,677

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pay 2.8% less for childcare

 
Aalborg
Reykjavik
Private preschool for 1 child, monthly $455.13
DKK2,903.74
$252.14
ISK30,713
Middle school for 1 child, two semesters $4,311.77
DKK27,509.10
$5,993.99
ISK730,128

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pay 30.6% more for entertainment and sports

 
Aalborg
Reykjavik
Domestic/local beer (1 pint) $7.19
DKK45.85
$10.81
ISK1,317
Cappuccino in mid-range area $5.27
DKK33.62
$5.31
ISK646
Pack of cigarettes
Marlboro or similar
$8.84
DKK56.39
$12.25
ISK1,492

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pay 37.1% more for clothing

 
Aalborg
Reykjavik
Regular jeans
Levi's brand
$86.24
DKK550.18
$108.97
ISK13,274
Regular dress
from H&M or similar store
$35.90
DKK229.01
$49.72
ISK6,056
Running shoes
Nike or Adidas
$104.20
DKK664.80
$151.85
ISK18,497

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: July 2025
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See the cost of living in Denmark vs. Iceland. This provides a comparison of the average cost of living from cities within Denmark and Iceland.

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