Cost of living comparison

 Zug, Switzerland
compared to
 Reykjavik, Iceland
Reykjavik vs. Zug Cost of Living Summary
Reykjavik vs. Zug Cost Breakdown

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

pay 32.0% less for restaurants

 
Zug
Reykjavik
Basic meal with drink at inexpensive restaurant $28.51
CHF23.34
$20.00
ISK2,552
Fast food combo meal
McDonalds, or similar
$17.11
CHF14.00
$18.02
ISK2,299
Bottle of Coca-Cola (11 fl. oz) $5.70
CHF4.67
$3.15
ISK402

Improve prices ·

pay 12.8% less for groceries

 
Zug
Reykjavik
Bread
1 loaf
$3.71
CHF3.03
$3.61
ISK461
Local cheese (8 oz) $11.69
CHF9.57
$7.76
ISK990
Milk (1 gallon) $7.88
CHF6.45
$6.40
ISK817

Improve prices ·

pay 12.0% less for transportation

 
Zug
Reykjavik
Gasoline (1 gallon) $7.72
CHF6.32
$8.50
ISK1,085
Monthly public transit pass $90.10
CHF73.75
$74.95
ISK9,565
New Volkswagen Golf 1.4 (standard edition) $37,408.50
CHF30,618.19
$42,450.45
ISK5,417,102

Improve prices ·

pay 22.8% less for housing

 
Zug
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$53.74
CHF43.99
$69.87
ISK8,916
1-Bedroom apartment in downtown area $2,984.32
CHF2,442.61
$1,971.17
ISK251,541
1-Bedroom apartment outside city center $2,081.42
CHF1,703.60
$1,803.44
ISK230,137

Improve prices ·

pay 89.8% less for childcare

 
Zug
Reykjavik
Private preschool for 1 child, monthly $3,179.15
CHF2,602.08
$252.14
ISK32,176
Middle school for 1 child, two semesters $48,471.38
CHF39,672.96
$5,993.99
ISK764,894

Improve prices ·

pay 5.7% less for entertainment and sports

 
Zug
Reykjavik
Domestic/local beer (1 pint) $8.55
CHF7.00
$10.81
ISK1,380
Cappuccino in mid-range area $6.16
CHF5.04
$5.31
ISK677
Pack of cigarettes
Marlboro or similar
$9.69
CHF7.93
$12.25
ISK1,563

Improve prices ·

pay 8.4% more for clothing

 
Zug
Reykjavik
Regular jeans
Levi's brand
$96.94
CHF79.35
$108.97
ISK13,906
Regular dress
from H&M or similar store
$45.33
CHF37.11
$49.72
ISK6,345
Running shoes
Nike or Adidas
$140.47
CHF114.97
$151.85
ISK19,378

Improve prices ·
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: April 2025
Share this

Compare countries by overall cost of living

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

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Reykjavik or Zug. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.