Cost of living comparison
Helsinki is 8.9% cheaper than Reykjavik.
- Restaurants
-
pay 12.0% less in Helsinki
- Groceries
-
pay 28.5% less in Helsinki
- Transportation
-
pay 15.4% less in Helsinki
- Housing
-
pay 19.8% less in Helsinki
- Childcare
-
pay 54.7% more in Helsinki
- Entertainment and Sports
-
pay 9.3% less in Helsinki
- Clothing
-
pay 32.0% less in Helsinki
Expenses including clothing, groceries, housing, transportation, restaurants, and entertainment and sports are lower in Helsinki.
If you lived in Helsinki instead of Reykjavik, you would:
pay 12.0% less for restaurants
|
Reykjavik
|
Helsinki
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,689
|
$18.76
€17.18
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,423
|
$11.79
€10.80
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK424
|
$3.14
€2.88
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK294
|
$2.03
€1.86
|
|
pay 28.5% less for groceries
|
Reykjavik
|
Helsinki
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK485
|
$2.89
€2.64
|
|
| Local cheese (8 oz) |
$7.76
ISK1,043
|
$4.13
€3.79
|
|
| Milk (1 gallon) |
$6.40
ISK861
|
$5.15
€4.72
|
|
|
Eggs
1 dozen
|
$5.76
ISK774
|
$3.08
€2.82
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,270
|
$6.00
€5.49
|
|
| Apples (1 lb) |
$1.40
ISK189
|
$1.11
€1.02
|
|
| Bananas (1 lb) |
$1.01
ISK136
|
$0.85
€0.78
|
|
| Oranges (1 lb) |
$1.22
ISK164
|
$1.03
€0.94
|
|
| Tomatoes (1 lb) |
$2.22
ISK299
|
$1.70
€1.56
|
|
| Potatoes (1 lb) |
$1.43
ISK193
|
$0.57
€0.52
|
|
| Onions (1 lb) |
$0.93
ISK126
|
$0.86
€0.78
|
|
pay 15.4% less for transportation
|
Reykjavik
|
Helsinki
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,143
|
$7.50
€6.87
|
|
| Monthly public transit pass |
$74.95
ISK10,078
|
$71.38
€65.39
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,707,888
|
$34,296.42
€31,417.06
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK3,234
|
$17.79
€16.30
|
|
pay 19.8% less for housing
|
Reykjavik
|
Helsinki
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK9,394
|
$22.48
€20.59
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK265,044
|
$1,111.66
€1,018.33
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK242,491
|
$870.64
€797.55
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK7,255
|
$99.35
€91.01
|
|
pay 54.7% more for childcare
|
Reykjavik
|
Helsinki
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK33,903
|
$338.03
€309.65
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK805,952
|
$10,508.28
€9,626.06
|
|
pay 9.3% less for entertainment and sports
|
Reykjavik
|
Helsinki
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,454
|
$8.57
€7.85
|
|
| Cappuccino in mid-range area |
$5.31
ISK713
|
$4.76
€4.36
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,646
|
$11.36
€10.41
|
|
| Monthly membership at local gym |
$69.95
ISK9,405
|
$47.76
€43.75
|
|
| Movie ticket to theater/cinema |
$14.77
ISK1,987
|
$18.22
€16.69
|
|
pay 32.0% less for clothing
|
Reykjavik
|
Helsinki
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK14,652
|
$100.00
€91.60
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,685
|
$31.76
€29.09
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK20,418
|
$89.57
€82.05
|
|
| Men's business shoes (leather) |
$194.16
ISK26,106
|
$111.24
€101.90
|
|
Change currency:
Compare countries by overall cost of living
Help us improve these prices
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Helsinki or Reykjavik. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.