Cost of living comparison

 Granada, Spain
compared to
 Reykjavik, Iceland
Reykjavik vs. Granada Cost of Living Summary

Reykjavik is 60.3% more expensive than Granada.

Restaurants
pay 27.4% more in Reykjavik
Groceries
pay 58.3% more in Reykjavik
Transportation
pay 34.0% more in Reykjavik
Housing
pay 2.2 times more in Reykjavik
Childcare
pay 24.7% less in Reykjavik
Entertainment and Sports
pay 2.3 times more in Reykjavik
Clothing
pay 80.3% more in Reykjavik

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

Reykjavik vs. Granada Cost Breakdown

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

pay 27.4% more for restaurants

 
Granada
Reykjavik
Basic meal with drink at inexpensive restaurant $16.08
€14.11
$20.00
ISK2,557
Fast food combo meal
McDonalds, or similar
$9.65
€8.47
$18.02
ISK2,304
Bottle of Coca-Cola (11 fl. oz) $2.70
€2.37
$3.15
ISK403

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pay 58.3% more for groceries

 
Granada
Reykjavik
Bread
1 loaf
$1.52
€1.34
$3.61
ISK462
Local cheese (8 oz) $9.11
€8.00
$7.76
ISK992
Milk (1 gallon) $3.99
€3.50
$6.40
ISK819

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pay 34.0% more for transportation

 
Granada
Reykjavik
Gasoline (1 gallon) $6.38
€5.60
$8.50
ISK1,087
Monthly public transit pass $42.87
€37.63
$74.95
ISK9,583
New Volkswagen Golf 1.4 (standard edition) $35,759.38
€31,386.00
$42,450.45
ISK5,427,290

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pay 2.2 times more for housing

 
Granada
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$25.18
€22.10
$69.87
ISK8,932
1-Bedroom apartment in downtown area $803.82
€705.51
$1,971.17
ISK252,014
1-Bedroom apartment outside city center $625.20
€548.73
$1,803.44
ISK230,570

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pay 24.7% less for childcare

 
Granada
Reykjavik
Private preschool for 1 child, monthly $348.32
€305.72
$252.14
ISK32,236
Middle school for 1 child, two semesters $7,663.11
€6,725.91
$5,993.99
ISK766,332

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pay 2.3 times more for entertainment and sports

 
Granada
Reykjavik
Domestic/local beer (1 pint) $3.22
€2.82
$10.81
ISK1,382
Cappuccino in mid-range area $1.96
€1.72
$5.31
ISK678
Pack of cigarettes
Marlboro or similar
$5.36
€4.70
$12.25
ISK1,566

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pay 80.3% more for clothing

 
Granada
Reykjavik
Regular jeans
Levi's brand
$68.59
€60.20
$108.97
ISK13,932
Regular dress
from H&M or similar store
$31.08
€27.28
$49.72
ISK6,357
Running shoes
Nike or Adidas
$72.88
€63.97
$151.85
ISK19,415

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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: April 2025
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