Cost of living comparison

compared to

Denmark vs. Reykjavik Cost of Living Summary

Denmark is 3.1% more expensive than Reykjavik.

Restaurants: pay 1.8% more in Denmark
Groceries: pay 12.6% less in Denmark
Transportation: pay 1.2% more in Denmark
Housing: pay 7.4% more in Denmark
Childcare: pay 63.1% more in Denmark
Entertainment and Sports: pay 17.4% less in Denmark
Clothing: pay 21.7% less in Denmark

The cost of childcare, housing, restaurants, and transportation in Denmark are more expensive than in Reykjavik. Expenses including clothing, entertainment and sports, and groceries are lower in Denmark.

Denmark vs. Reykjavik Cost Breakdown

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

Display currency: USD

pay 1.8% more for restaurants

	Reykjavik	Denmark
Basic meal with drink at inexpensive restaurant	$20.00 ISK2,796	$21.56 DKK156.00	+7.8%
Fast food combo meal McDonalds, or similar	$18.02 ISK2,519	$12.58 DKK90.99	-30.2%
Bottle of Coca-Cola (11 fl. oz)	$3.15 ISK441	$3.50 DKK25.29	+10.8%
Bottle of water (11 fl. oz)	$2.19 ISK305	$2.59 DKK18.76	+18.7%
Average			+1.8%

Reykjavik vs. Denmark - Cost of restaurants

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pay 12.6% less for groceries

	Reykjavik	Denmark
Bread 1 loaf	$3.61 ISK505	$2.91 DKK21.05	-19.4%
Local cheese (8 oz)	$7.76 ISK1,084	$5.83 DKK42.20	-24.8%
Milk (1 gallon)	$6.40 ISK895	$7.22 DKK52.23	+12.7%
Eggs 1 dozen	$5.76 ISK805	$4.38 DKK31.68	-23.9%
Boneless chicken breast (1 lb)	$9.45 ISK1,321	$4.74 DKK34.29	-49.8%
Apples (1 lb)	$1.40 ISK196	$1.28 DKK9.24	-9.0%
Bananas (1 lb)	$1.01 ISK141	$1.34 DKK9.69	+32.7%
Oranges (1 lb)	$1.22 ISK170	$1.37 DKK9.90	+12.4%
Tomatoes (1 lb)	$2.22 ISK311	$1.88 DKK13.62	-15.4%
Potatoes (1 lb)	$1.43 ISK201	$0.90 DKK6.52	-37.2%
Onions (1 lb)	$0.93 ISK131	$0.77 DKK5.59	-17.2%
Average			-12.6%

Reykjavik vs. Denmark - Cost of groceries

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pay 1.2% more for transportation

	Reykjavik	Denmark
Gasoline (1 gallon)	$8.50 ISK1,188	$7.68 DKK55.54	-9.7%
Monthly public transit pass	$74.95 ISK10,477	$82.44 DKK596.45	+10.0%
New Volkswagen Golf 1.4 (standard edition)	$42,450.45 ISK5,933,724	$45,047.14 DKK325,911.58	+6.1%
Taxi trip in downtown area (5 miles)	$24.05 ISK3,362	$23.62 DKK170.87	-1.8%
Average			+1.2%

Reykjavik vs. Denmark - Cost of transportation

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pay 7.4% more for housing

	Reykjavik	Denmark
Internet connection 50 mbps or faster, cable/dsl	$69.87 ISK9,766	$33.71 DKK243.89	-51.7%
1-Bedroom apartment in downtown area	$1,971.17 ISK275,530	$967.90 DKK7,002.67	-50.9%
1-Bedroom apartment outside city center	$1,803.44 ISK252,085	$743.77 DKK5,381.13	-58.8%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$53.95 ISK7,542	$157.10 DKK1,136.60	+191.2%
Average			+7.4%

Reykjavik vs. Denmark - Cost of housing

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pay 63.1% more for childcare

	Reykjavik	Denmark
Private preschool for 1 child, monthly	$252.14 ISK35,244	$519.88 DKK3,761.28	+106.2%
Middle school for 1 child, two semesters	$5,993.99 ISK837,840	$7,190.53 DKK52,022.80	+20.0%
Average			+63.1%

Reykjavik vs. Denmark - Cost of childcare

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pay 17.4% less for entertainment and sports

	Reykjavik	Denmark
Domestic/local beer (1 pint)	$10.81 ISK1,511	$7.44 DKK53.85	-31.1%
Cappuccino in mid-range area	$5.31 ISK742	$5.51 DKK39.86	+3.8%
Pack of cigarettes Marlboro or similar	$12.25 ISK1,712	$8.74 DKK63.23	-28.6%
Monthly membership at local gym	$69.95 ISK9,777	$38.95 DKK281.77	-44.3%
Movie ticket to theater/cinema	$14.77 ISK2,065	$16.76 DKK121.23	+13.4%
Average			-17.4%

Reykjavik vs. Denmark - Cost of entertainment and sports

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pay 21.7% less for clothing

	Reykjavik	Denmark
Regular jeans Levi's brand	$108.97 ISK15,232	$93.72 DKK678.03	-14.0%
Regular dress from H&M or similar store	$49.72 ISK6,950	$38.81 DKK280.77	-21.9%
Running shoes Nike or Adidas	$151.85 ISK21,226	$105.07 DKK760.20	-30.8%
Men's business shoes (leather)	$194.16 ISK27,139	$155.42 DKK1,124.43	-20.0%
Average			-21.7%

Reykjavik vs. Denmark - 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: January 2025

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