Cost of living comparison

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

Reykjavik is 34.7% more expensive than Raanana.

Restaurants
pay 31.9% more in Reykjavik
Groceries
pay 82.4% more in Reykjavik
Transportation
pay 29.5% more in Reykjavik
Housing
pay 52.1% more in Reykjavik
Childcare
pay 30.4% less in Reykjavik
Entertainment and Sports
pay 28.5% more in Reykjavik
Clothing
pay 48.7% more in Reykjavik

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

Reykjavik vs. Raanana Cost Breakdown

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

pay 31.9% more for restaurants

 
Raanana
Reykjavik
Basic meal with drink at inexpensive restaurant $17.33
₪57.73
$20.00
ISK2,436
Fast food combo meal
McDonalds, or similar
$14.67
₪48.85
$18.02
ISK2,195
Bottle of Coca-Cola (11 fl. oz) $1.93
₪6.44
$3.15
ISK384

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pay 82.4% more for groceries

 
Raanana
Reykjavik
Bread
1 loaf
$2.12
₪7.08
$3.61
ISK440
Local cheese (8 oz) $7.07
₪23.54
$7.76
ISK945
Milk (1 gallon) $6.25
₪20.80
$6.40
ISK780

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pay 29.5% more for transportation

 
Raanana
Reykjavik
Gasoline (1 gallon) $7.19
₪23.94
$8.50
ISK1,036
Monthly public transit pass $59.99
₪199.85
$74.95
ISK9,130
New Volkswagen Golf 1.4 (standard edition) $34,797.03
₪115,913.43
$42,450.45
ISK5,170,889

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pay 52.1% more for housing

 
Raanana
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$25.69
₪85.57
$69.87
ISK8,510
1-Bedroom apartment in downtown area $1,422.10
₪4,737.20
$1,971.17
ISK240,108
1-Bedroom apartment outside city center $1,066.58
₪3,552.90
$1,803.44
ISK219,677

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pay 30.4% less for childcare

 
Raanana
Reykjavik
Private preschool for 1 child, monthly $943.25
₪3,142.10
$252.14
ISK30,713
Middle school for 1 child, two semesters $5,332.88
₪17,764.51
$5,993.99
ISK730,128

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pay 28.5% more for entertainment and sports

 
Raanana
Reykjavik
Domestic/local beer (1 pint) $6.67
₪22.21
$10.81
ISK1,317
Cappuccino in mid-range area $3.73
₪12.44
$5.31
ISK646
Pack of cigarettes
Marlboro or similar
$9.33
₪31.09
$12.25
ISK1,492

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pay 48.7% more for clothing

 
Raanana
Reykjavik
Regular jeans
Levi's brand
$73.33
₪244.26
$108.97
ISK13,274
Regular dress
from H&M or similar store
$56.80
₪189.19
$49.72
ISK6,056
Running shoes
Nike or Adidas
$89.99
₪299.78
$151.85
ISK18,497

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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: July 2025
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