Cost of living comparison

Malta, Malta

compared to

Reykjavik, Iceland

Reykjavik vs. Malta Cost Breakdown

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

Display currency: USD

pay (unknown) more for restaurants

	Malta	Reykjavik
Basic meal with drink at inexpensive restaurant	??	$20.00 ISK2,553
Fast food combo meal McDonalds, or similar	??	$18.02 ISK2,300
Bottle of Coca-Cola (11 fl. oz)	??	$3.15 ISK403
Bottle of water (11 fl. oz)	??	$2.19 ISK279

Malta vs. Reykjavik - Cost of restaurants

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pay (unknown) more for groceries

	Malta	Reykjavik
Bread 1 loaf	??	$3.61 ISK461
Local cheese (8 oz)	??	$7.76 ISK990
Milk (1 gallon)	??	$6.40 ISK818
Eggs 1 dozen	??	$5.76 ISK735
Boneless chicken breast (1 lb)	??	$9.45 ISK1,206
Apples (1 lb)	??	$1.40 ISK179
Bananas (1 lb)	??	$1.01 ISK129
Oranges (1 lb)	??	$1.22 ISK155
Tomatoes (1 lb)	??	$2.22 ISK284
Potatoes (1 lb)	??	$1.43 ISK183
Onions (1 lb)	??	$0.93 ISK119

Malta vs. Reykjavik - Cost of groceries

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pay (unknown) more for transportation

	Malta	Reykjavik
Gasoline (1 gallon)	??	$8.50 ISK1,085
Monthly public transit pass	??	$74.95 ISK9,569
New Volkswagen Golf 1.4 (standard edition)	??	$42,450.45 ISK5,419,224
Taxi trip in downtown area (5 miles)	??	$24.05 ISK3,070

Malta vs. Reykjavik - Cost of transportation

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pay (unknown) more for housing

	Malta	Reykjavik
Internet connection 50 mbps or faster, cable/dsl	??	$69.87 ISK8,919
1-Bedroom apartment in downtown area	??	$1,971.17 ISK251,640
1-Bedroom apartment outside city center	??	$1,803.44 ISK230,227
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	??	$53.95 ISK6,888

Malta vs. Reykjavik - Cost of housing

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pay (unknown) more for childcare

	Malta	Reykjavik
Private preschool for 1 child, monthly	??	$252.14 ISK32,188
Middle school for 1 child, two semesters	??	$5,993.99 ISK765,193

Malta vs. Reykjavik - Cost of childcare

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pay (unknown) more for entertainment and sports

	Malta	Reykjavik
Domestic/local beer (1 pint)	??	$10.81 ISK1,380
Cappuccino in mid-range area	??	$5.31 ISK677
Pack of cigarettes Marlboro or similar	??	$12.25 ISK1,563
Monthly membership at local gym	??	$69.95 ISK8,929
Movie ticket to theater/cinema	??	$14.77 ISK1,886

Malta vs. Reykjavik - Cost of entertainment and sports

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pay (unknown) more for clothing

	Malta	Reykjavik
Regular jeans Levi's brand	??	$108.97 ISK13,911
Regular dress from H&M or similar store	??	$49.72 ISK6,347
Running shoes Nike or Adidas	??	$151.85 ISK19,386
Men's business shoes (leather)	??	$194.16 ISK24,786

Malta 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: May 2025

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