Cost of living comparison

 Haifa, Israel
compared to
 Reykjavik, Iceland
Reykjavik vs. Haifa Cost of Living Summary

Reykjavik is 35.8% more expensive than Haifa.

Restaurants
pay 10.4% more in Reykjavik
Groceries
pay 54.0% more in Reykjavik
Transportation
pay 31.0% more in Reykjavik
Housing
pay 98.2% more in Reykjavik
Childcare
pay 6.8% less in Reykjavik
Entertainment and Sports
pay 22.6% more in Reykjavik
Clothing
pay 41.5% more in Reykjavik

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

Reykjavik vs. Haifa Cost Breakdown

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

pay 10.4% more for restaurants

 
Haifa
Reykjavik
Basic meal with drink at inexpensive restaurant $18.67
₪68.96
$20.00
ISK2,632
Fast food combo meal
McDonalds, or similar
$14.67
₪54.18
$18.02
ISK2,371
Bottle of Coca-Cola (11 fl. oz) $2.71
₪10.01
$3.15
ISK415

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pay 54.0% more for groceries

 
Haifa
Reykjavik
Bread
1 loaf
$2.78
₪10.28
$3.61
ISK475
Local cheese (8 oz) $7.43
₪27.43
$7.76
ISK1,021
Milk (1 gallon) $7.38
₪27.28
$6.40
ISK843

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pay 31.0% more for transportation

 
Haifa
Reykjavik
Gasoline (1 gallon) $7.25
₪26.79
$8.50
ISK1,119
Monthly public transit pass $59.99
₪221.66
$74.95
ISK9,863
New Volkswagen Golf 1.4 (standard edition) $43,462.96
₪160,583.81
$42,450.45
ISK5,585,630

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pay 98.2% more for housing

 
Haifa
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$26.95
₪99.58
$69.87
ISK9,193
1-Bedroom apartment in downtown area $818.18
₪3,022.94
$1,971.17
ISK259,367
1-Bedroom apartment outside city center $685.43
₪2,532.48
$1,803.44
ISK237,297

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pay 6.8% less for childcare

 
Haifa
Reykjavik
Private preschool for 1 child, monthly $977.69
₪3,612.31
$252.14
ISK33,177
Middle school for 1 child, two semesters $3,733.01
₪13,792.47
$5,993.99
ISK788,690

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pay 22.6% more for entertainment and sports

 
Haifa
Reykjavik
Domestic/local beer (1 pint) $9.07
₪33.50
$10.81
ISK1,422
Cappuccino in mid-range area $3.67
₪13.55
$5.31
ISK698
Pack of cigarettes
Marlboro or similar
$9.87
₪36.45
$12.25
ISK1,611

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pay 41.5% more for clothing

 
Haifa
Reykjavik
Regular jeans
Levi's brand
$79.75
₪294.66
$108.97
ISK14,339
Regular dress
from H&M or similar store
$51.66
₪190.88
$49.72
ISK6,542
Running shoes
Nike or Adidas
$107.07
₪395.59
$151.85
ISK19,981

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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: March 2025
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See the cost of living in Israel vs. Iceland. This provides a comparison of the average cost of living from cities within Israel and Iceland.

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