Cost of living comparison

Geneva, Switzerland

compared to

Reykjavik, Iceland

Reykjavik vs. Geneva Cost of Living Summary

Reykjavik is 23.1% cheaper than Geneva.

Restaurants: pay 30.2% less in Reykjavik
Groceries: pay 14.5% less in Reykjavik
Transportation: pay 4.7% less in Reykjavik
Housing: pay 17.3% less in Reykjavik
Childcare: pay 87.3% less in Reykjavik
Entertainment and Sports: pay 1.7% less in Reykjavik
Clothing: pay 6.0% less in Reykjavik

Expenses including childcare, restaurants, housing, groceries, clothing, and transportation are lower in Reykjavik.

Reykjavik vs. Geneva Cost Breakdown

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

Display currency: USD

pay 30.2% less for restaurants

	Geneva	Reykjavik
Basic meal with drink at inexpensive restaurant	$30.79 CHF25.31	$20.00 ISK2,545	-35.1%
Fast food combo meal McDonalds, or similar	$17.11 CHF14.06	$18.02 ISK2,293	+5.3%
Bottle of Coca-Cola (11 fl. oz)	$5.01 CHF4.12	$3.15 ISK401	-37.1%
Bottle of water (11 fl. oz)	$4.72 CHF3.88	$2.19 ISK278	-53.7%
Average			-30.2%

Geneva vs. Reykjavik - Cost of restaurants

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pay 14.5% less for groceries

	Geneva	Reykjavik
Bread 1 loaf	$3.83 CHF3.15	$3.61 ISK459	-5.8%
Local cheese (8 oz)	$12.83 CHF10.55	$7.76 ISK987	-39.5%
Milk (1 gallon)	$7.41 CHF6.09	$6.40 ISK815	-13.5%
Eggs 1 dozen	$7.61 CHF6.26	$5.76 ISK733	-24.4%
Boneless chicken breast (1 lb)	$13.02 CHF10.70	$9.45 ISK1,202	-27.5%
Apples (1 lb)	$1.64 CHF1.35	$1.40 ISK178	-14.3%
Bananas (1 lb)	$1.16 CHF0.95	$1.01 ISK128	-12.7%
Oranges (1 lb)	$1.38 CHF1.13	$1.22 ISK155	-11.6%
Tomatoes (1 lb)	$2.81 CHF2.31	$2.22 ISK283	-20.9%
Potatoes (1 lb)	$1.16 CHF0.96	$1.43 ISK183	+23.2%
Onions (1 lb)	$1.07 CHF0.88	$0.93 ISK119	-12.9%
Average			-14.5%

Geneva vs. Reykjavik - Cost of groceries

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pay 4.7% less for transportation

	Geneva	Reykjavik
Gasoline (1 gallon)	$8.06 CHF6.62	$8.50 ISK1,082	+5.5%
Monthly public transit pass	$79.84 CHF65.63	$74.95 ISK9,538	-6.1%
New Volkswagen Golf 1.4 (standard edition)	$37,408.50 CHF30,750.46	$42,450.45 ISK5,401,820	+13.5%
Taxi trip in downtown area (5 miles)	$35.13 CHF28.88	$24.05 ISK3,060	-31.5%
Average			-4.7%

Geneva vs. Reykjavik - Cost of transportation

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pay 17.3% less for housing

	Geneva	Reykjavik
Internet connection 50 mbps or faster, cable/dsl	$59.62 CHF49.01	$69.87 ISK8,890	+17.2%
1-Bedroom apartment in downtown area	$2,191.80 CHF1,801.70	$1,971.17 ISK250,832	-10.1%
1-Bedroom apartment outside city center	$1,942.94 CHF1,597.13	$1,803.44 ISK229,488	-7.2%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$174.59 CHF143.51	$53.95 ISK6,866	-69.1%
Average			-17.3%

Geneva vs. Reykjavik - Cost of housing

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pay 87.3% less for childcare

	Geneva	Reykjavik
Private preschool for 1 child, monthly	$3,761.19 CHF3,091.77	$252.14 ISK32,085	-93.3%
Middle school for 1 child, two semesters	$31,979.71 CHF26,287.90	$5,993.99 ISK762,736	-81.3%
Average			-87.3%

Geneva vs. Reykjavik - Cost of childcare

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pay 1.7% less for entertainment and sports

	Geneva	Reykjavik
Domestic/local beer (1 pint)	$9.12 CHF7.50	$10.81 ISK1,376	+18.5%
Cappuccino in mid-range area	$5.45 CHF4.48	$5.31 ISK675	-2.7%
Pack of cigarettes Marlboro or similar	$10.26 CHF8.44	$12.25 ISK1,558	+19.3%
Monthly membership at local gym	$76.48 CHF62.87	$69.95 ISK8,901	-8.5%
Movie ticket to theater/cinema	$22.81 CHF18.75	$14.77 ISK1,880	-35.2%
Average			-1.7%

Geneva vs. Reykjavik - Cost of entertainment and sports

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pay 6.0% less for clothing

	Geneva	Reykjavik
Regular jeans Levi's brand	$122.16 CHF100.42	$108.97 ISK13,867	-10.8%
Regular dress from H&M or similar store	$62.27 CHF51.19	$49.72 ISK6,327	-20.2%
Running shoes Nike or Adidas	$141.42 CHF116.25	$151.85 ISK19,323	+7.4%
Men's business shoes (leather)	$194.56 CHF159.94	$194.16 ISK24,707	-0.2%
Average			-6.0%

Geneva vs. Reykjavik - Cost of clothing

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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: June 2025

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