Cost of living comparison

Denmark

compared to

Reykjavik, Iceland

Reykjavik vs. Denmark Cost of Living Summary

Reykjavik is 17.3% more expensive than Denmark overall.

Restaurants: pay 2.6% more in Reykjavik
Groceries: pay 22.6% more in Reykjavik
Transportation: pay 0.6% less in Reykjavik
Housing: pay 72.0% more in Reykjavik
Childcare: pay 34.0% less in Reykjavik
Entertainment and Sports: pay 29.9% more in Reykjavik
Clothing: pay 28.4% more in Reykjavik

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

Reykjavik vs. Denmark Cost Breakdown

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

Display currency: USD

pay 2.6% more for restaurants

	Denmark	Reykjavik
Basic meal with drink at inexpensive restaurant	$21.56 DKK148.44	$20.00 ISK2,715	-7.2%
Fast food combo meal McDonalds, or similar	$12.58 DKK86.58	$18.02 ISK2,446	+43.3%
Bottle of Coca-Cola (11 fl. oz)	$3.50 DKK24.06	$3.15 ISK428	-9.8%
Bottle of water (11 fl. oz)	$2.59 DKK17.85	$2.19 ISK297	-15.7%
Average			+2.6%

Denmark vs. Reykjavik - Cost of restaurants

Improve prices · Change currency (USD)

pay 22.6% more for groceries

	Denmark	Reykjavik
Bread 1 loaf	$2.91 DKK20.03	$3.61 ISK490	+24.1%
Local cheese (8 oz)	$5.83 DKK40.15	$7.76 ISK1,053	+33.0%
Milk (1 gallon)	$7.22 DKK49.70	$6.40 ISK869	-11.3%
Eggs 1 dozen	$4.38 DKK30.15	$5.76 ISK781	+31.5%
Boneless chicken breast (1 lb)	$4.74 DKK32.63	$9.45 ISK1,282	+99.3%
Apples (1 lb)	$1.28 DKK8.79	$1.40 ISK190	+9.9%
Bananas (1 lb)	$1.34 DKK9.22	$1.01 ISK137	-24.6%
Oranges (1 lb)	$1.37 DKK9.42	$1.22 ISK165	-11.1%
Tomatoes (1 lb)	$1.88 DKK12.96	$2.22 ISK302	+18.2%
Potatoes (1 lb)	$0.90 DKK6.21	$1.43 ISK195	+59.2%
Onions (1 lb)	$0.77 DKK5.32	$0.93 ISK127	+20.8%
Average			+22.6%

Denmark vs. Reykjavik - Cost of groceries

Improve prices · Change currency (USD)

pay 0.6% less for transportation

	Denmark	Reykjavik
Gasoline (1 gallon)	$7.68 DKK52.85	$8.50 ISK1,154	+10.7%
Monthly public transit pass	$82.44 DKK567.55	$74.95 ISK10,175	-9.1%
New Volkswagen Golf 1.4 (standard edition)	$45,047.14 DKK310,122.55	$42,450.45 ISK5,762,433	-5.8%
Taxi trip in downtown area (5 miles)	$23.62 DKK162.59	$24.05 ISK3,265	+1.8%
Average			-0.6%

Denmark vs. Reykjavik - Cost of transportation

Improve prices · Change currency (USD)

pay 72.0% more for housing

	Denmark	Reykjavik
Internet connection 50 mbps or faster, cable/dsl	$33.71 DKK232.07	$69.87 ISK9,484	+107.3%
1-Bedroom apartment in downtown area	$967.90 DKK6,663.42	$1,971.17 ISK267,576	+103.7%
1-Bedroom apartment outside city center	$743.77 DKK5,120.44	$1,803.44 ISK244,808	+142.5%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$157.10 DKK1,081.53	$53.95 ISK7,324	-65.7%
Average			+72.0%

Denmark vs. Reykjavik - Cost of housing

Improve prices · Change currency (USD)

pay 34.0% less for childcare

	Denmark	Reykjavik
Private preschool for 1 child, monthly	$519.88 DKK3,579.06	$252.14 ISK34,227	-51.5%
Middle school for 1 child, two semesters	$7,190.53 DKK49,502.51	$5,993.99 ISK813,654	-16.6%
Average			-34.0%

Denmark vs. Reykjavik - Cost of childcare

Improve prices · Change currency (USD)

pay 29.9% more for entertainment and sports

	Denmark	Reykjavik
Domestic/local beer (1 pint)	$7.44 DKK51.24	$10.81 ISK1,468	+45.2%
Cappuccino in mid-range area	$5.51 DKK37.92	$5.31 ISK720	-3.7%
Pack of cigarettes Marlboro or similar	$8.74 DKK60.16	$12.25 ISK1,662	+40.1%
Monthly membership at local gym	$38.95 DKK268.12	$69.95 ISK9,495	+79.6%
Movie ticket to theater/cinema	$16.76 DKK115.36	$14.77 ISK2,006	-11.8%
Average			+29.9%

Denmark vs. Reykjavik - Cost of entertainment and sports

Improve prices · Change currency (USD)

pay 28.4% more for clothing

	Denmark	Reykjavik
Regular jeans Levi's brand	$93.72 DKK645.19	$108.97 ISK14,792	+16.3%
Regular dress from H&M or similar store	$38.81 DKK267.17	$49.72 ISK6,749	+28.1%
Running shoes Nike or Adidas	$105.07 DKK723.37	$151.85 ISK20,613	+44.5%
Men's business shoes (leather)	$155.42 DKK1,069.96	$194.16 ISK26,356	+24.9%
Average			+28.4%

Denmark vs. Reykjavik - Cost of clothing

Improve prices · Change currency (USD)

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: March 2025

More cost comparisons

Denmark vs.

Berlin

Denmark vs.

Prague

Denmark vs.

Hong Kong

Denmark vs.

Singapore

Denmark vs.

Paris

Denmark vs.

Canberra

Denmark vs.

Athens

Denmark vs.

Ottawa

Share this

Compare countries by overall cost of living

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.

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

Add prices for Denmark

Add prices for Reykjavik

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Reykjavik or Denmark. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.