Cost of living comparison

 Valletta, Malta
compared to
 Reykjavik, Iceland
Reykjavik vs. Valletta Cost of Living Summary

Reykjavik is 41.1% more expensive than Valletta.

Restaurants
pay 32.4% more in Reykjavik
Groceries
pay 58.9% more in Reykjavik
Transportation
pay 38.2% more in Reykjavik
Housing
pay 69.8% more in Reykjavik
Childcare
pay 46.0% less in Reykjavik
Entertainment and Sports
pay 82.1% more in Reykjavik
Clothing
pay 52.6% more in Reykjavik

The cost of entertainment and sports, housing, groceries, clothing, transportation, and restaurants in Reykjavik are more expensive than in Valletta. Notably, entertainment and sports is significantly more expensive in Reykjavik.

Reykjavik vs. Valletta Cost Breakdown

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

pay 32.4% more for restaurants

 
Valletta
Reykjavik
Basic meal with drink at inexpensive restaurant $16.08
€13.92
$20.00
ISK2,493
Fast food combo meal
McDonalds, or similar
$10.72
€9.28
$18.02
ISK2,246
Bottle of Coca-Cola (11 fl. oz) $2.56
€2.22
$3.15
ISK393

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pay 58.9% more for groceries

 
Valletta
Reykjavik
Bread
1 loaf
$1.39
€1.21
$3.61
ISK450
Local cheese (8 oz) $4.82
€4.18
$7.76
ISK967
Milk (1 gallon) $4.62
€4.00
$6.40
ISK798

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pay 38.2% more for transportation

 
Valletta
Reykjavik
Gasoline (1 gallon) $5.44
€4.71
$8.50
ISK1,060
Monthly public transit pass ?? $74.95
ISK9,343
New Volkswagen Golf 1.4 (standard edition) $25,186.43
€21,807.37
$42,450.45
ISK5,291,449

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pay 69.8% more for housing

 
Valletta
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$30.37
€26.29
$69.87
ISK8,709
1-Bedroom apartment in downtown area $1,093.20
€946.53
$1,971.17
ISK245,706
1-Bedroom apartment outside city center $955.66
€827.44
$1,803.44
ISK224,799

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pay 46.0% less for childcare

 
Valletta
Reykjavik
Private preschool for 1 child, monthly $660.21
€571.63
$252.14
ISK31,429
Middle school for 1 child, two semesters $8,574.10
€7,423.79
$5,993.99
ISK747,151

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pay 82.1% more for entertainment and sports

 
Valletta
Reykjavik
Domestic/local beer (1 pint) $4.29
€3.71
$10.81
ISK1,348
Cappuccino in mid-range area $2.50
€2.17
$5.31
ISK661
Pack of cigarettes
Marlboro or similar
$5.95
€5.15
$12.25
ISK1,526

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pay 52.6% more for clothing

 
Valletta
Reykjavik
Regular jeans
Levi's brand
$91.77
€79.46
$108.97
ISK13,583
Regular dress
from H&M or similar store
$35.73
€30.93
$49.72
ISK6,198
Running shoes
Nike or Adidas
$93.78
€81.20
$151.85
ISK18,929

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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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See the cost of living in Malta vs. Iceland. This provides a comparison of the average cost of living from cities within Malta and Iceland.

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