Cost of living comparison

Reykjavik, Iceland

compared to

Minsk, Belarus

Minsk vs. Reykjavik Cost of Living Summary

Minsk is 47.5% cheaper than Reykjavik.

Restaurants: pay 70.2% less in Minsk
Groceries: pay 63.6% less in Minsk
Transportation: pay 72.5% less in Minsk
Housing: pay 66.9% less in Minsk
Childcare: pay 45.3% more in Minsk
Entertainment and Sports: pay 72.8% less in Minsk
Clothing: pay 31.7% less in Minsk

Expenses including entertainment and sports, transportation, restaurants, housing, groceries, and clothing are lower in Minsk.

Minsk vs. Reykjavik Cost Breakdown

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

Display currency: USD

pay 70.2% less for restaurants

	Reykjavik	Minsk
Basic meal with drink at inexpensive restaurant	$20.00 ISK2,569	$9.11 BYN29.76	-54.4%
Fast food combo meal McDonalds, or similar	$18.02 ISK2,314	$5.16 BYN16.86	-71.3%
Bottle of Coca-Cola (11 fl. oz)	$3.15 ISK405	$0.74 BYN2.41	-76.6%
Bottle of water (11 fl. oz)	$2.19 ISK281	$0.46 BYN1.52	-78.7%
Average			-70.2%

Reykjavik vs. Minsk - Cost of restaurants

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pay 63.6% less for groceries

	Reykjavik	Minsk
Bread 1 loaf	$3.61 ISK464	$0.56 BYN1.83	-84.5%
Local cheese (8 oz)	$7.76 ISK996	$3.06 BYN9.98	-60.6%
Milk (1 gallon)	$6.40 ISK822	$2.78 BYN9.08	-56.6%
Eggs 1 dozen	$5.76 ISK739	$1.29 BYN4.20	-77.6%
Boneless chicken breast (1 lb)	$9.45 ISK1,213	$1.74 BYN5.69	-81.5%
Apples (1 lb)	$1.40 ISK180	$0.50 BYN1.63	-64.3%
Bananas (1 lb)	$1.01 ISK130	$0.74 BYN2.43	-26.2%
Oranges (1 lb)	$1.22 ISK156	$0.78 BYN2.54	-36.0%
Tomatoes (1 lb)	$2.22 ISK286	$0.98 BYN3.20	-55.9%
Potatoes (1 lb)	$1.43 ISK184	$0.19 BYN0.63	-86.6%
Onions (1 lb)	$0.93 ISK120	$0.28 BYN0.92	-69.8%
Average			-63.6%

Reykjavik vs. Minsk - Cost of groceries

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pay 72.5% less for transportation

	Reykjavik	Minsk
Gasoline (1 gallon)	$8.50 ISK1,092	$2.80 BYN9.14	-67.1%
Monthly public transit pass	$74.95 ISK9,626	$15.51 BYN50.64	-79.3%
New Volkswagen Golf 1.4 (standard edition)	$42,450.45 ISK5,451,803	$17,466.62 BYN57,042.30	-58.9%
Taxi trip in downtown area (5 miles)	$24.05 ISK3,089	$3.72 BYN12.16	-84.5%
Average			-72.5%

Reykjavik vs. Minsk - Cost of transportation

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pay 66.9% less for housing

	Reykjavik	Minsk
Internet connection 50 mbps or faster, cable/dsl	$69.87 ISK8,973	$10.42 BYN34.03	-85.1%
1-Bedroom apartment in downtown area	$1,971.17 ISK253,152	$468.79 BYN1,530.98	-76.2%
1-Bedroom apartment outside city center	$1,803.44 ISK231,611	$299.22 BYN977.19	-83.4%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$53.95 ISK6,929	$41.67 BYN136.07	-22.8%
Average			-66.9%

Reykjavik vs. Minsk - Cost of housing

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pay 45.3% more for childcare

	Reykjavik	Minsk
Private preschool for 1 child, monthly	$252.14 ISK32,382	$301.24 BYN983.77	+19.5%
Middle school for 1 child, two semesters	$5,993.99 ISK769,793	$10,252.74 BYN33,483.30	+71.1%
Average			+45.3%

Reykjavik vs. Minsk - Cost of childcare

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pay 72.8% less for entertainment and sports

	Reykjavik	Minsk
Domestic/local beer (1 pint)	$10.81 ISK1,388	$1.43 BYN4.68	-86.7%
Cappuccino in mid-range area	$5.31 ISK681	$1.69 BYN5.51	-68.2%
Pack of cigarettes Marlboro or similar	$12.25 ISK1,573	$1.82 BYN5.95	-85.1%
Monthly membership at local gym	$69.95 ISK8,983	$31.67 BYN103.42	-54.7%
Movie ticket to theater/cinema	$14.77 ISK1,897	$4.56 BYN14.88	-69.2%
Average			-72.8%

Reykjavik vs. Minsk - Cost of entertainment and sports

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pay 31.7% less for clothing

	Reykjavik	Minsk
Regular jeans Levi's brand	$108.97 ISK13,995	$62.57 BYN204.35	-42.6%
Regular dress from H&M or similar store	$49.72 ISK6,386	$47.40 BYN154.79	-4.7%
Running shoes Nike or Adidas	$151.85 ISK19,502	$106.39 BYN347.44	-29.9%
Men's business shoes (leather)	$194.16 ISK24,935	$97.82 BYN319.45	-49.6%
Average			-31.7%

Reykjavik vs. Minsk - 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: April 2025

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