Cost of living comparison
Reykjavik is 55.0% more expensive than Cyprus overall.
- Restaurants
-
pay 86.2% more in Reykjavik
- Groceries
-
pay 62.1% more in Reykjavik
- Transportation
-
pay 51.4% more in Reykjavik
- Housing
-
pay 82.5% more in Reykjavik
- Childcare
-
pay 28.7% less in Reykjavik
- Entertainment and Sports
-
pay 92.7% more in Reykjavik
- Clothing
-
pay 38.9% more in Reykjavik
The cost of entertainment and sports, restaurants, housing, groceries, transportation, and clothing in Reykjavik are more expensive than in Cyprus. Notably, entertainment and sports, restaurants, and housing are significantly more expensive in Reykjavik.
If you lived in Reykjavik instead of Cyprus, you would:
pay 86.2% more for restaurants
|
Cyprus
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$15.56
€14.20
|
$20.00
ISK2,644
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.31
€7.58
|
$18.02
ISK2,382
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.68
€1.53
|
$3.15
ISK417
|
|
| Bottle of water (11 fl. oz) |
$1.03
€0.94
|
$2.19
ISK289
|
|
pay 62.1% more for groceries
|
Cyprus
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.77
€1.62
|
$3.61
ISK477
|
|
| Local cheese (8 oz) |
$6.32
€5.76
|
$7.76
ISK1,025
|
|
| Milk (1 gallon) |
$6.39
€5.83
|
$6.40
ISK847
|
|
|
Eggs
1 dozen
|
$3.86
€3.52
|
$5.76
ISK761
|
|
| Boneless chicken breast (1 lb) |
$3.79
€3.46
|
$9.45
ISK1,249
|
|
| Apples (1 lb) |
$1.18
€1.08
|
$1.40
ISK185
|
|
| Bananas (1 lb) |
$0.84
€0.77
|
$1.01
ISK133
|
|
| Oranges (1 lb) |
$0.92
€0.84
|
$1.22
ISK161
|
|
| Tomatoes (1 lb) |
$1.25
€1.14
|
$2.22
ISK294
|
|
| Potatoes (1 lb) |
$0.59
€0.54
|
$1.43
ISK190
|
|
| Onions (1 lb) |
$0.57
€0.52
|
$0.93
ISK123
|
|
pay 51.4% more for transportation
|
Cyprus
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.54
€5.05
|
$8.50
ISK1,124
|
|
| Monthly public transit pass |
$42.87
€39.12
|
$74.95
ISK9,908
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$26,716.67
€24,377.25
|
$42,450.45
ISK5,611,101
|
|
| Taxi trip in downtown area (5 miles) |
$20.31
€18.53
|
$24.05
ISK3,179
|
|
pay 82.5% more for housing
|
Cyprus
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$33.66
€30.72
|
$69.87
ISK9,235
|
|
| 1-Bedroom apartment in downtown area |
$862.00
€786.52
|
$1,971.17
ISK260,549
|
|
| 1-Bedroom apartment outside city center |
$707.00
€645.09
|
$1,803.44
ISK238,379
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$139.26
€127.07
|
$53.95
ISK7,132
|
|
pay 28.7% less for childcare
|
Cyprus
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$417.93
€381.34
|
$252.14
ISK33,328
|
|
| Middle school for 1 child, two semesters |
$7,282.83
€6,645.12
|
$5,993.99
ISK792,286
|
|
pay 92.7% more for entertainment and sports
|
Cyprus
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.45
€3.15
|
$10.81
ISK1,429
|
|
| Cappuccino in mid-range area |
$3.61
€3.30
|
$5.31
ISK701
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.90
€4.47
|
$12.25
ISK1,619
|
|
| Monthly membership at local gym |
$59.44
€54.24
|
$69.95
ISK9,246
|
|
| Movie ticket to theater/cinema |
$10.85
€9.90
|
$14.77
ISK1,953
|
|
pay 38.9% more for clothing
|
Cyprus
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$81.33
€74.21
|
$108.97
ISK14,404
|
|
|
Regular dress
from H&M or similar store
|
$46.86
€42.76
|
$49.72
ISK6,572
|
|
|
Running shoes
Nike or Adidas
|
$112.61
€102.75
|
$151.85
ISK20,072
|
|
| Men's business shoes (leather) |
$107.65
€98.22
|
$194.16
ISK25,664
|
|
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