Cost of living in Reykjavik

Real monthly costs in Reykjavik, Iceland: USD, from the same data behind the Pro model.

Reykjavik, IcelandReykjavik
Drag to pan, scroll to zoom.

Reykjavik at a glance

Green is the better side of each figure. Every line is computed from the tables below.

Essentials / mo$3,211rent + bills + food + transit
Men per 100 women109.5ages 20โ€“39, region level
Avg net salary$4,705monthly, after tax
Safety score75/100higher = safer

Monthly cost breakdown

Rent outside centre plus utilities, groceries, dining and local transport make up the essentials figure. Not a full lifestyle budget.

Essentials, monthlyrent outside centre + bills + food + transit$3,211
Rent, 1-bed outside centremonthly, USD$2,018
Rent, 1-bed city centremonthly, USD$2,465
Groceriesmonthly, one person$305
Dining outmonthly, one person$627
Utilitiesmonthly: power, water, heating, internet$170
Local transportmonthly pass or fare equivalent$91
Average net salarymonthly, after tax; average, not median$4,705
Rent, 3-bed outside centremonthly, USD$2,702
Rent, 3-bed city centremonthly, USD$3,412

Single person, USD. Data updated August 6, 2026.

Everyday prices

What single items cost in Reykjavik, in USD. The monthly figures above are built from these. Cheaper side of each row in green.

Eating out

Meal, inexpensive restaurant$28.40
Meal for 2, mid-range, three courses$133.91
McMeal at McDonald's$26.38
Cappuccino, regular$6.64
Domestic beer, 0.5 L draught$13.39
Imported beer, 0.33 L bottle$12.17
Coke/Pepsi, 0.33 L$3.29
Water, 0.33 L bottle$3.21

Groceries

Milk, 1 L$2.03
White bread, 500 g$4.28
White rice, 1 kg$3.55
Eggs, 12$7.09
Local cheese, 1 kg$20.93
Chicken fillets, 1 kg$24.42
Apples, 1 kg$3.37
Bananas, 1 kg$2.79
Tomatoes, 1 kg$6.25
Potatoes, 1 kg$3.97
Onions, 1 kg$1.66
Water, 1.5 L bottle$1.77

Transport & bills

One-way ticket, local transport$5.52
Monthly transit pass$90.89
Taxi start$6.65
Taxi, 1 km$2.80
Gasoline, 1 L$2.00
Basic utilities, 85 mยฒ flat$86.80
Internet, 60 Mbps+$83.51
Mobile plan, monthly$32.84

Leisure

Gym, monthly$98.14
Cinema, one seat$19.44

Dating-age sex ratio

Reykjavik has 109.5 men per 100 women aged 20–39 (region level). That is the 2nd-highest of 4 Iceland cities we track. Iceland's national figure is 109.4 โ€” about even.

A supply figure, 20–39. The dating-pool model is in Pro.

How Reykjavik ranks against every city we track

Reykjavik sits ahead of 98% of the 898 cities we track on clean air. On local salary it is ahead of 96% of 545. Its weakest measure is cost of living, ahead of only 2% of 542.

More women aged 20โ€“39men per 100 women, census109.5
12% of 892
Cheaper to liveessentials a month$3,211
2% of 542
Cheaper city-centre rentone-bed a month$2,465
4% of 553
Higher local salaryaverage net, monthly$4,705
96% of 545
Salary goes furtheressentials covered by one salary1.47ร—
64% of 534
Safersafety score, perception-based75/100
81% of 562
Cleaner airPM2.5 ยตg/mยณ a year3.6
98% of 898

Longer is better on every row: bar length is where Reykjavik sits among all the cities carrying that measure, which is why the count differs by row.

Need the full Iceland model?

Open the gated deep-dive for city shortlist, cost detail, weather, visa, tax, dating-market signals, and subregion rankings.

Unlock Iceland deep-dive
Reykjavik, Iceland

Photo: Olga Ernst, CC BY-SA 4.0.