Cost of living comparison

Stockholm, Sweden

compared to

Reykjavik, Iceland

Reykjavik vs. Stockholm Cost of Living Summary

Reykjavik is 32.7% more expensive than Stockholm.

Restaurants: pay 36.8% more in Reykjavik
Groceries: pay 33.0% more in Reykjavik
Transportation: pay 10.7% more in Reykjavik
Housing: pay 40.4% more in Reykjavik
Childcare: pay 39.6% more in Reykjavik
Entertainment and Sports: pay 45.7% more in Reykjavik
Clothing: pay 22.6% more in Reykjavik

The cost of entertainment and sports, housing, childcare, restaurants, groceries, and clothing in Reykjavik are more expensive than in Stockholm.

Reykjavik vs. Stockholm Cost Breakdown

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

Display currency: USD

pay 36.8% more for restaurants

	Stockholm	Reykjavik
Basic meal with drink at inexpensive restaurant	$13.86 SEK132.90	$20.00 ISK2,545	+44.3%
Fast food combo meal McDonalds, or similar	$10.16 SEK97.46	$18.02 ISK2,293	+77.3%
Bottle of Coca-Cola (11 fl. oz)	$2.56 SEK24.60	$3.15 ISK401	+23.0%
Bottle of water (11 fl. oz)	$2.13 SEK20.42	$2.19 ISK278	+2.7%
Average			+36.8%

Stockholm vs. Reykjavik - Cost of restaurants

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pay 33.0% more for groceries

	Stockholm	Reykjavik
Bread 1 loaf	$2.66 SEK25.47	$3.61 ISK459	+36.0%
Local cheese (8 oz)	$5.29 SEK50.75	$7.76 ISK987	+46.6%
Milk (1 gallon)	$5.43 SEK52.12	$6.40 ISK815	+17.9%
Eggs 1 dozen	$3.82 SEK36.68	$5.76 ISK733	+50.5%
Boneless chicken breast (1 lb)	$5.15 SEK49.35	$9.45 ISK1,202	+83.6%
Apples (1 lb)	$1.38 SEK13.28	$1.40 ISK178	+1.3%
Bananas (1 lb)	$1.10 SEK10.53	$1.01 ISK128	-8.1%
Oranges (1 lb)	$1.36 SEK13.07	$1.22 ISK155	-10.6%
Tomatoes (1 lb)	$1.78 SEK17.09	$2.22 ISK283	+24.8%
Potatoes (1 lb)	$0.71 SEK6.80	$1.43 ISK183	+102.3%
Onions (1 lb)	$0.79 SEK7.57	$0.93 ISK119	+18.3%
Average			+33.0%

Stockholm vs. Reykjavik - Cost of groceries

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pay 10.7% more for transportation

	Stockholm	Reykjavik
Gasoline (1 gallon)	$6.67 SEK63.99	$8.50 ISK1,082	+27.4%
Monthly public transit pass	$94.22 SEK903.74	$74.95 ISK9,538	-20.5%
New Volkswagen Golf 1.4 (standard edition)	$28,544.48 SEK273,781.53	$42,450.45 ISK5,401,820	+48.7%
Taxi trip in downtown area (5 miles)	$27.62 SEK264.92	$24.05 ISK3,060	-12.9%
Average			+10.7%

Stockholm vs. Reykjavik - Cost of transportation

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pay 40.4% more for housing

	Stockholm	Reykjavik
Internet connection 50 mbps or faster, cable/dsl	$33.49 SEK321.22	$69.87 ISK8,890	+108.6%
1-Bedroom apartment in downtown area	$1,542.54 SEK14,795.16	$1,971.17 ISK250,832	+27.8%
1-Bedroom apartment outside city center	$965.24 SEK9,257.99	$1,803.44 ISK229,488	+86.8%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$139.65 SEK1,339.42	$53.95 ISK6,866	-61.4%
Average			+40.4%

Stockholm vs. Reykjavik - Cost of housing

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pay 39.6% more for childcare

	Stockholm	Reykjavik
Private preschool for 1 child, monthly	$144.54 SEK1,386.35	$252.14 ISK32,085	+74.4%
Middle school for 1 child, two semesters	$5,727.37 SEK54,933.51	$5,993.99 ISK762,736	+4.7%
Average			+39.6%

Stockholm vs. Reykjavik - Cost of childcare

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pay 45.7% more for entertainment and sports

	Stockholm	Reykjavik
Domestic/local beer (1 pint)	$7.30 SEK70.00	$10.81 ISK1,376	+48.1%
Cappuccino in mid-range area	$4.27 SEK40.97	$5.31 ISK675	+24.2%
Pack of cigarettes Marlboro or similar	$6.56 SEK62.91	$12.25 ISK1,558	+86.7%
Monthly membership at local gym	$39.99 SEK383.52	$69.95 ISK8,901	+74.9%
Movie ticket to theater/cinema	$15.61 SEK149.74	$14.77 ISK1,880	-5.4%
Average			+45.7%

Stockholm vs. Reykjavik - Cost of entertainment and sports

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pay 22.6% more for clothing

	Stockholm	Reykjavik
Regular jeans Levi's brand	$90.26 SEK865.77	$108.97 ISK13,867	+20.7%
Regular dress from H&M or similar store	$43.14 SEK413.78	$49.72 ISK6,327	+15.3%
Running shoes Nike or Adidas	$106.21 SEK1,018.69	$151.85 ISK19,323	+43.0%
Men's business shoes (leather)	$174.28 SEK1,671.63	$194.16 ISK24,707	+11.4%
Average			+22.6%

Stockholm vs. Reykjavik - 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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