Cost of living comparison

Reykjavik, Iceland

compared to

Stockholm, Sweden

Stockholm vs. Reykjavik Cost of Living Summary

Stockholm is 15.1% cheaper than Reykjavik.

Restaurants: pay 23.9% less in Stockholm
Groceries: pay 19.9% less in Stockholm
Transportation: pay 3.4% less in Stockholm
Housing: pay 9.6% more in Stockholm
Childcare: pay 23.6% less in Stockholm
Entertainment and Sports: pay 27.1% less in Stockholm
Clothing: pay 17.7% less in Stockholm

Expenses including entertainment and sports, restaurants, childcare, groceries, clothing, and transportation are lower in Stockholm.

Stockholm vs. Reykjavik Cost Breakdown

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

Display currency: USD

pay 23.9% less for restaurants

	Reykjavik	Stockholm
Basic meal with drink at inexpensive restaurant	$20.00 ISK2,493	$13.86 SEK131.36	-30.7%
Fast food combo meal McDonalds, or similar	$18.02 ISK2,246	$10.16 SEK96.33	-43.6%
Bottle of Coca-Cola (11 fl. oz)	$3.15 ISK393	$2.56 SEK24.31	-18.7%
Bottle of water (11 fl. oz)	$2.19 ISK272	$2.13 SEK20.18	-2.6%
Average			-23.9%

Reykjavik vs. Stockholm - Cost of restaurants

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pay 19.9% less for groceries

	Reykjavik	Stockholm
Bread 1 loaf	$3.61 ISK450	$2.66 SEK25.17	-26.5%
Local cheese (8 oz)	$7.76 ISK967	$5.29 SEK50.16	-31.8%
Milk (1 gallon)	$6.40 ISK798	$5.43 SEK51.51	-15.2%
Eggs 1 dozen	$5.76 ISK718	$3.82 SEK36.25	-33.6%
Boneless chicken breast (1 lb)	$9.45 ISK1,178	$5.15 SEK48.78	-45.5%
Apples (1 lb)	$1.40 ISK175	$1.38 SEK13.13	-1.2%
Bananas (1 lb)	$1.01 ISK126	$1.10 SEK10.41	+8.8%
Oranges (1 lb)	$1.22 ISK152	$1.36 SEK12.92	+11.9%
Tomatoes (1 lb)	$2.22 ISK277	$1.78 SEK16.89	-19.9%
Potatoes (1 lb)	$1.43 ISK179	$0.71 SEK6.72	-50.6%
Onions (1 lb)	$0.93 ISK116	$0.79 SEK7.48	-15.5%
Average			-19.9%

Reykjavik vs. Stockholm - Cost of groceries

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pay 3.4% less for transportation

	Reykjavik	Stockholm
Gasoline (1 gallon)	$8.50 ISK1,060	$6.67 SEK63.25	-21.5%
Monthly public transit pass	$74.95 ISK9,343	$94.22 SEK893.23	+25.7%
New Volkswagen Golf 1.4 (standard edition)	$42,450.45 ISK5,291,449	$28,544.48 SEK270,597.40	-32.8%
Taxi trip in downtown area (5 miles)	$24.05 ISK2,998	$27.62 SEK261.84	+14.8%
Average			-3.4%

Reykjavik vs. Stockholm - Cost of transportation

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pay 9.6% more for housing

	Reykjavik	Stockholm
Internet connection 50 mbps or faster, cable/dsl	$69.87 ISK8,709	$33.49 SEK317.49	-52.1%
1-Bedroom apartment in downtown area	$1,971.17 ISK245,706	$1,542.54 SEK14,623.09	-21.7%
1-Bedroom apartment outside city center	$1,803.44 ISK224,799	$965.24 SEK9,150.31	-46.5%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$53.95 ISK6,725	$139.65 SEK1,323.84	+158.8%
Average			+9.6%

Reykjavik vs. Stockholm - Cost of housing

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pay 23.6% less for childcare

	Reykjavik	Stockholm
Private preschool for 1 child, monthly	$252.14 ISK31,429	$144.54 SEK1,370.23	-42.7%
Middle school for 1 child, two semesters	$5,993.99 ISK747,151	$5,727.37 SEK54,294.62	-4.4%
Average			-23.6%

Reykjavik vs. Stockholm - Cost of childcare

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pay 27.1% less for entertainment and sports

	Reykjavik	Stockholm
Domestic/local beer (1 pint)	$10.81 ISK1,348	$7.30 SEK69.18	-32.5%
Cappuccino in mid-range area	$5.31 ISK661	$4.27 SEK40.49	-19.5%
Pack of cigarettes Marlboro or similar	$12.25 ISK1,526	$6.56 SEK62.18	-46.4%
Monthly membership at local gym	$69.95 ISK8,719	$39.99 SEK379.06	-42.8%
Movie ticket to theater/cinema	$14.77 ISK1,842	$15.61 SEK148.00	+5.7%
Average			-27.1%

Reykjavik vs. Stockholm - Cost of entertainment and sports

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pay 17.7% less for clothing

	Reykjavik	Stockholm
Regular jeans Levi's brand	$108.97 ISK13,583	$90.26 SEK855.70	-17.2%
Regular dress from H&M or similar store	$49.72 ISK6,198	$43.14 SEK408.97	-13.2%
Running shoes Nike or Adidas	$151.85 ISK18,929	$106.21 SEK1,006.85	-30.1%
Men's business shoes (leather)	$194.16 ISK24,202	$174.28 SEK1,652.19	-10.2%
Average			-17.7%

Reykjavik vs. Stockholm - 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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