Cost of living comparison

Reykjavik, Iceland

compared to

Ramat Gan, Israel

Ramat Gan vs. Reykjavik Cost of Living Summary

Ramat Gan is 26.2% more expensive than Reykjavik.

Restaurants: pay 2.4% less in Ramat Gan
Groceries: pay 18.5% less in Ramat Gan
Transportation: pay 21.4% less in Ramat Gan
Housing: pay 23.6% more in Ramat Gan
Childcare: pay 3.3 times more in Ramat Gan
Entertainment and Sports: pay 21.6% less in Ramat Gan
Clothing: pay 9.1% less in Ramat Gan

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

Ramat Gan vs. Reykjavik Cost Breakdown

If you lived in Ramat Gan instead of Reykjavik, you would:

Display currency: USD

pay 2.4% less for restaurants

	Reykjavik	Ramat Gan
Basic meal with drink at inexpensive restaurant	$20.00 ISK2,493	$19.33 ₪69.56	-3.3%
Fast food combo meal McDonalds, or similar	$18.02 ISK2,246	$15.73 ₪56.61	-12.7%
Bottle of Coca-Cola (11 fl. oz)	$3.15 ISK393	$3.05 ₪10.97	-3.4%
Bottle of water (11 fl. oz)	$2.19 ISK272	$2.40 ₪8.64	+9.8%
Average			-2.4%

Reykjavik vs. Ramat Gan - Cost of restaurants

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pay 18.5% less for groceries

	Reykjavik	Ramat Gan
Bread 1 loaf	$3.61 ISK450	$2.60 ₪9.35	-28.0%
Local cheese (8 oz)	$7.76 ISK967	$9.28 ₪33.39	+19.6%
Milk (1 gallon)	$6.40 ISK798	$6.85 ₪24.66	+7.0%
Eggs 1 dozen	$5.76 ISK718	$3.77 ₪13.58	-34.4%
Boneless chicken breast (1 lb)	$9.45 ISK1,178	$4.59 ₪16.53	-51.4%
Apples (1 lb)	$1.40 ISK175	$1.76 ₪6.35	+25.8%
Bananas (1 lb)	$1.01 ISK126	$1.01 ₪3.64	+0.2%
Oranges (1 lb)	$1.22 ISK152	$0.99 ₪3.55	-18.9%
Tomatoes (1 lb)	$2.22 ISK277	$0.99 ₪3.55	-55.6%
Potatoes (1 lb)	$1.43 ISK179	$0.90 ₪3.24	-37.3%
Onions (1 lb)	$0.93 ISK116	$0.65 ₪2.34	-30.3%
Average			-18.5%

Reykjavik vs. Ramat Gan - Cost of groceries

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pay 21.4% less for transportation

	Reykjavik	Ramat Gan
Gasoline (1 gallon)	$8.50 ISK1,060	$7.21 ₪25.95	-15.2%
Monthly public transit pass	$74.95 ISK9,343	$67.33 ₪242.28	-10.2%
New Volkswagen Golf 1.4 (standard edition)	$42,450.45 ISK5,291,449	$37,813.84 ₪136,072.65	-10.9%
Taxi trip in downtown area (5 miles)	$24.05 ISK2,998	$12.25 ₪44.08	-49.1%
Average			-21.4%

Reykjavik vs. Ramat Gan - Cost of transportation

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pay 23.6% more for housing

	Reykjavik	Ramat Gan
Internet connection 50 mbps or faster, cable/dsl	$69.87 ISK8,709	$27.89 ₪100.37	-60.1%
1-Bedroom apartment in downtown area	$1,971.17 ISK245,706	$1,353.22 ₪4,869.54	-31.3%
1-Bedroom apartment outside city center	$1,803.44 ISK224,799	$1,199.90 ₪4,317.82	-33.5%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$53.95 ISK6,725	$172.35 ₪620.20	+219.4%
Average			+23.6%

Reykjavik vs. Ramat Gan - Cost of housing

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pay 3.3 times more for childcare

	Reykjavik	Ramat Gan
Private preschool for 1 child, monthly	$252.14 ISK31,429	$1,055.38 ₪3,797.76	+318.6%
Middle school for 1 child, two semesters	$5,993.99 ISK747,151	$14,798.74 ₪53,253.08	+146.9%
Average			+232.8%

Reykjavik vs. Ramat Gan - Cost of childcare

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pay 21.6% less for entertainment and sports

	Reykjavik	Ramat Gan
Domestic/local beer (1 pint)	$10.81 ISK1,348	$8.00 ₪28.79	-26.0%
Cappuccino in mid-range area	$5.31 ISK661	$4.12 ₪14.82	-22.4%
Pack of cigarettes Marlboro or similar	$12.25 ISK1,526	$9.60 ₪34.54	-21.6%
Monthly membership at local gym	$69.95 ISK8,719	$56.53 ₪203.42	-19.2%
Movie ticket to theater/cinema	$14.77 ISK1,842	$12.00 ₪43.18	-18.8%
Average			-21.6%

Reykjavik vs. Ramat Gan - Cost of entertainment and sports

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pay 9.1% less for clothing

	Reykjavik	Ramat Gan
Regular jeans Levi's brand	$108.97 ISK13,583	$82.07 ₪295.34	-24.7%
Regular dress from H&M or similar store	$49.72 ISK6,198	$58.66 ₪211.09	+18.0%
Running shoes Nike or Adidas	$151.85 ISK18,929	$131.10 ₪471.76	-13.7%
Men's business shoes (leather)	$194.16 ISK24,202	$163.32 ₪587.70	-15.9%
Average			-9.1%

Reykjavik vs. Ramat Gan - 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: June 2025

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