Cost of living comparison

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

Haifa is 5.9% more expensive than Reykjavik.

Restaurants
pay 8.6% less in Haifa
Groceries
pay 27.7% less in Haifa
Transportation
pay 19.5% less in Haifa
Housing
pay 14.3% more in Haifa
Childcare
pay 2.3 times more in Haifa
Entertainment and Sports
pay 17.3% less in Haifa
Clothing
pay 25.1% less in Haifa

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

Haifa vs. Reykjavik Cost Breakdown

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

pay 8.6% less for restaurants

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

Improve prices ·

pay 27.7% less for groceries

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

Improve prices ·

pay 19.5% less for transportation

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

Improve prices ·

pay 14.3% more for housing

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

Improve prices ·

pay 2.3 times more for childcare

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

Improve prices ·

pay 17.3% less for entertainment and sports

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

Improve prices ·

pay 25.1% less for clothing

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

Improve prices ·
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
Share this

Compare countries by overall cost of living

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

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Haifa or Reykjavik. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.