Cost of living comparison

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

Karmiel is 11.9% more expensive than Reykjavik.

Restaurants
pay 9.9% less in Karmiel
Groceries
pay 27.3% less in Karmiel
Transportation
pay 35.0% less in Karmiel
Housing
pay 8.5% less in Karmiel
Childcare
pay 2.9 times more in Karmiel
Entertainment and Sports
pay 18.6% less in Karmiel
Clothing
pay 10.2% less in Karmiel

Expenses including transportation, groceries, entertainment and sports, clothing, restaurants, and housing are lower in Karmiel. Notably, childcare is significantly more expensive in Karmiel.

Karmiel vs. Reykjavik Cost Breakdown

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

pay 9.9% less for restaurants

 
Reykjavik
Karmiel
Basic meal with drink at inexpensive restaurant $20.00
ISK2,644
$19.33
₪72.37
Fast food combo meal
McDonalds, or similar
$18.02
ISK2,382
$13.33
₪49.91
Bottle of Coca-Cola (11 fl. oz) $3.15
ISK417
$2.65
₪9.92

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pay 27.3% less for groceries

 
Reykjavik
Karmiel
Bread
1 loaf
$3.61
ISK477
$2.60
₪9.73
Local cheese (8 oz) $7.76
ISK1,025
$7.04
₪26.34
Milk (1 gallon) $6.40
ISK847
$6.75
₪25.27

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pay 35.0% less for transportation

 
Reykjavik
Karmiel
Gasoline (1 gallon) $8.50
ISK1,124
$7.21
₪27.00
Monthly public transit pass $74.95
ISK9,908
$26.40
₪98.82
New Volkswagen Golf 1.4 (standard edition) $42,450.45
ISK5,611,101
$37,813.84
₪141,553.01

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pay 8.5% less for housing

 
Reykjavik
Karmiel
Internet connection
50 mbps or faster, cable/dsl
$69.87
ISK9,235
$26.66
₪99.82
1-Bedroom apartment in downtown area $1,971.17
ISK260,549
$773.27
₪2,894.66
1-Bedroom apartment outside city center $1,803.44
ISK238,379
$719.94
₪2,695.03

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pay 2.9 times more for childcare

 
Reykjavik
Karmiel
Private preschool for 1 child, monthly $252.14
ISK33,328
$853.26
₪3,194.11
Middle school for 1 child, two semesters $5,993.99
ISK792,286
$14,798.74
₪55,397.86

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pay 18.6% less for entertainment and sports

 
Reykjavik
Karmiel
Domestic/local beer (1 pint) $10.81
ISK1,429
$8.00
₪29.94
Cappuccino in mid-range area $5.31
ISK701
$3.79
₪14.17
Pack of cigarettes
Marlboro or similar
$12.25
ISK1,619
$9.33
₪34.94

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pay 10.2% less for clothing

 
Reykjavik
Karmiel
Regular jeans
Levi's brand
$108.97
ISK14,404
$82.07
₪307.23
Regular dress
from H&M or similar store
$49.72
ISK6,572
$63.99
₪239.56
Running shoes
Nike or Adidas
$151.85
ISK20,072
$131.10
₪490.76

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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: April 2025
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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.

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