Cost of living comparison

 Erfurt, Germany
compared to
 Reykjavik, Iceland
Reykjavik vs. Erfurt Cost of Living Summary

Reykjavik is 42.0% more expensive than Erfurt.

Restaurants
pay 46.0% more in Reykjavik
Groceries
pay 51.4% more in Reykjavik
Transportation
pay 31.8% more in Reykjavik
Housing
pay 86.6% more in Reykjavik
Childcare
pay 43.9% less in Reykjavik
Entertainment and Sports
pay 92.0% more in Reykjavik
Clothing
pay 30.0% more in Reykjavik

The cost of entertainment and sports, housing, groceries, restaurants, transportation, and clothing in Reykjavik are more expensive than in Erfurt. Notably, entertainment and sports and housing are significantly more expensive in Reykjavik.

Reykjavik vs. Erfurt Cost Breakdown

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

pay 46.0% more for restaurants

 
Erfurt
Reykjavik
Basic meal with drink at inexpensive restaurant $12.86
€11.31
$20.00
ISK2,553
Fast food combo meal
McDonalds, or similar
$9.64
€8.47
$18.02
ISK2,300
Bottle of Coca-Cola (11 fl. oz) $2.52
€2.22
$3.15
ISK403

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pay 51.4% more for groceries

 
Erfurt
Reykjavik
Bread
1 loaf
$2.05
€1.80
$3.61
ISK461
Local cheese (8 oz) $6.42
€5.65
$7.76
ISK990
Milk (1 gallon) $4.33
€3.81
$6.40
ISK818

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pay 31.8% more for transportation

 
Erfurt
Reykjavik
Gasoline (1 gallon) $7.01
€6.17
$8.50
ISK1,085
Monthly public transit pass $52.52
€46.19
$74.95
ISK9,569
New Volkswagen Golf 1.4 (standard edition) $29,130.52
€25,620.96
$42,450.45
ISK5,419,224

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pay 86.6% more for housing

 
Erfurt
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$51.04
€44.89
$69.87
ISK8,919
1-Bedroom apartment in downtown area $878.04
€772.26
$1,971.17
ISK251,640
1-Bedroom apartment outside city center $501.35
€440.95
$1,803.44
ISK230,227

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pay 43.9% less for childcare

 
Erfurt
Reykjavik
Private preschool for 1 child, monthly $342.96
€301.64
$252.14
ISK32,188
Middle school for 1 child, two semesters $15,433.39
€13,574.02
$5,993.99
ISK765,193

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pay 92.0% more for entertainment and sports

 
Erfurt
Reykjavik
Domestic/local beer (1 pint) $4.29
€3.77
$10.81
ISK1,380
Cappuccino in mid-range area $3.22
€2.83
$5.31
ISK677
Pack of cigarettes
Marlboro or similar
$9.06
€7.97
$12.25
ISK1,563

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pay 30.0% more for clothing

 
Erfurt
Reykjavik
Regular jeans
Levi's brand
$82.17
€72.27
$108.97
ISK13,911
Regular dress
from H&M or similar store
$42.48
€37.36
$49.72
ISK6,347
Running shoes
Nike or Adidas
$104.50
€91.91
$151.85
ISK19,386

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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: May 2025
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