Cost of living comparison

Reykjavik, Iceland

compared to

Thimphu, Bhutan

Thimphu vs. Reykjavik Cost of Living Summary

Thimphu is 67.1% cheaper than Reykjavik.

Restaurants: pay 85.7% less in Thimphu
Groceries: pay 61.6% less in Thimphu
Transportation: pay 59.0% less in Thimphu
Housing: pay 78.4% less in Thimphu
Childcare: pay 45.6% less in Thimphu
Entertainment and Sports: pay 57.2% less in Thimphu
Clothing: pay 82.4% less in Thimphu

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

Thimphu vs. Reykjavik Cost Breakdown

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

Display currency: USD

pay 85.7% less for restaurants

	Reykjavik	Thimphu
Basic meal with drink at inexpensive restaurant	$20.00 ISK2,423	$2.95 BTN251.87	-85.3%
Fast food combo meal McDonalds, or similar	$18.02 ISK2,183	$2.95 BTN251.87	-83.6%
Bottle of Coca-Cola (11 fl. oz)	$3.15 ISK382	$0.55 BTN47.35	-82.4%
Bottle of water (11 fl. oz)	$2.19 ISK265	$0.19 BTN15.95	-91.5%
Average			-85.7%

Reykjavik vs. Thimphu - Cost of restaurants

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pay 61.6% less for groceries

	Reykjavik	Thimphu
Bread 1 loaf	$3.61 ISK437	$0.94 BTN80.60	-73.9%
Local cheese (8 oz)	$7.76 ISK940	$1.68 BTN143.57	-78.4%
Milk (1 gallon)	$6.40 ISK776	$3.17 BTN270.77	-50.5%
Eggs 1 dozen	$5.76 ISK697	$2.20 BTN188.40	-61.7%
Boneless chicken breast (1 lb)	$9.45 ISK1,145	$1.74 BTN148.52	-81.6%
Apples (1 lb)	$1.40 ISK170	$1.07 BTN91.40	-23.7%
Bananas (1 lb)	$1.01 ISK122	$0.65 BTN55.98	-35.1%
Oranges (1 lb)	$1.22 ISK148	$0.82 BTN70.38	-32.4%
Tomatoes (1 lb)	$2.22 ISK270	$0.37 BTN31.53	-83.4%
Potatoes (1 lb)	$1.43 ISK174	$0.23 BTN19.65	-84.0%
Onions (1 lb)	$0.93 ISK113	$0.26 BTN21.94	-72.5%
Average			-61.6%

Reykjavik vs. Thimphu - Cost of groceries

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pay 59.0% less for transportation

	Reykjavik	Thimphu
Gasoline (1 gallon)	$8.50 ISK1,030	$3.93 BTN335.57	-53.8%
Monthly public transit pass	$74.95 ISK9,082	$3.97 BTN339.04	-94.7%
New Volkswagen Golf 1.4 (standard edition)	$42,450.45 ISK5,143,297	$21,215.98 BTN1,813,464.28	-50.0%
Taxi trip in downtown area (5 miles)	$24.05 ISK2,914	$15.09 BTN1,289.57	-37.3%
Average			-59.0%

Reykjavik vs. Thimphu - Cost of transportation

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pay 78.4% less for housing

	Reykjavik	Thimphu
Internet connection 50 mbps or faster, cable/dsl	$69.87 ISK8,465	$31.25 BTN2,670.76	-55.3%
1-Bedroom apartment in downtown area	$1,971.17 ISK238,827	$124.45 BTN10,637.64	-93.7%
1-Bedroom apartment outside city center	$1,803.44 ISK218,505	$79.38 BTN6,785.30	-95.6%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$53.95 ISK6,537	$16.69 BTN1,426.36	-69.1%
Average			-78.4%

Reykjavik vs. Thimphu - Cost of housing

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pay 45.6% less for childcare

	Reykjavik	Thimphu
Private preschool for 1 child, monthly	$252.14 ISK30,549	$246.05 BTN21,031.15	-2.4%
Middle school for 1 child, two semesters	$5,993.99 ISK726,232	$677.73 BTN57,930.11	-88.7%
Average			-45.6%

Reykjavik vs. Thimphu - Cost of childcare

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pay 57.2% less for entertainment and sports

	Reykjavik	Thimphu
Domestic/local beer (1 pint)	$10.81 ISK1,310	$6.43 BTN549.74	-40.5%
Cappuccino in mid-range area	$5.31 ISK643	$1.53 BTN130.97	-71.1%
Pack of cigarettes Marlboro or similar	$12.25 ISK1,484	$3.83 BTN327.43	-68.7%
Monthly membership at local gym	$69.95 ISK8,475	$49.11 BTN4,197.83	-29.8%
Movie ticket to theater/cinema	$14.77 ISK1,790	$3.54 BTN302.24	-76.1%
Average			-57.2%

Reykjavik vs. Thimphu - Cost of entertainment and sports

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pay 82.4% less for clothing

	Reykjavik	Thimphu
Regular jeans Levi's brand	$108.97 ISK13,203	$9.43 BTN805.98	-91.3%
Regular dress from H&M or similar store	$49.72 ISK6,024	$11.79 BTN1,007.48	-76.3%
Running shoes Nike or Adidas	$151.85 ISK18,399	$32.41 BTN2,770.57	-78.7%
Men's business shoes (leather)	$194.16 ISK23,524	$32.41 BTN2,770.57	-83.3%
Average			-82.4%

Reykjavik vs. Thimphu - 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: July 2025

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