Cost of Living in Keflavik vs Florence

Cost of living in Keflavik is 30% higher than in Florence (without rent).

Rent in Keflavik is 31% cheaper than in Florence.

Cost of living including rent in Keflavik is 10% lower than in Florence.

Food in Keflavik is 25% more expensive than in Florence.

Transport in Keflavik is 54% more expensive than in Florence.

Keflavik vs. Florence Comparision

Keflavik Florence
Cost of Living, including rent
2,091 $
2,324 $
Without Rent
1,046 $
807 $
Rent & Utilities
1,045 $
1,517 $
Food
751 $
600 $
Transport
86 $
56 $
Monthly Salary, after tax
3,293 $
4,192 $
Quality of Life
71
62
Population
15.9K
26.8K

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Keflavik Florence

Restaurants

Lunch menu,
inexpensive restaurant
22.4 $ 18.7 $
Dinner, for 2 126 $ 72.7 $
Fast food, McDonalds or KFC 15.6 $ 11.2 $
Beer, 0.5 L or 16 fl oz 7.79 $ 5.93 $
Capuccino 3.65 $ 5.21 $
Coke, 330ml 2.98 $ 2.69 $

Markets

Milk, 1 L or 1 qt 1.72 $ 0.91 $
Bread, 0.5 kg or 1 lb 3.69 $ 3.22 $
Rice, 1 kg or 2 lb 2.58 $ 4.39 $
Eggs, 12 pack 5.53 $ 3.48 $
Cheese, 1 kg or 2 lb 15.9 $ 11 $
Chicken Breast, 1 kg or 2 lb 19.5 $ 12.1 $
Round Steak, 1 kg or 2 lb 29.8 $ 14.8 $
Apples, 1 kg or 2 lb 2.06 $ 4.58 $
Banana, 1 kg or 2 lb 2.06 $ 1.44 $
Oranges, 1 kg or 2 lb 2.22 $ 3.97 $
Potatoes, 1 kg or 2 lb 2.45 $ 2.48 $
Onions, 1 kg or 2 lb 1.36 $ 2.42 $
Water, 1 L or 1 qt 1.38 $ 1.39 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.74 $ 2.33 $
Wine, 750 mL bottle 14.7 $ 12.6 $
Beer, 0.5 L or 16 fl oz 3.22 $ 1.91 $
Cigarette pack 11 $ 9.6 $

Transport

Local transport ticket, One-way Ticket 4.42 $ 2.93 $
Monthly pass, Monthly Ticket 82 $ 64.6 $
Gas or petrol, 1 L or 0.26 gal 2.27 $ 1.01 $
Taxi, 8 km 24.9 $ 15 $

Personal Care

Doctor visit, private clinic 84.1 $ 111 $
Cold medicine, for 1 week 11.6 $ 9.58 $
Hair shampoo, 400 ml or 12 oz 5.3 $ 4.99 $
Toilet paper, 4 rolls 4.68 $ 3.88 $
Toothpaste, 1 tube 3.31 $ 2.11 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
25.7 $ 145 $
Utility bill - family,
electricity, heating, water & garbage
39.4 $ 220 $
Internet plan,
+60 Mbps
66.9 $ 72.9 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 880 $ 1,255 $
3 Bedroom Apartment, outside of center, 85 sq.m 1,380 $ 2,114 $
1 Bedroom Apartment, in city center, 40 sq.m 1,242 $ 1,475 $
3 Bedroom Apartment, in city center, 85 sq.m 1,796 $ 2,555 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 2,868 $ 2,996 $
Price per Square Meter to Buy House, in suburbs 2,055 $ 2,846 $

Salaries and Financing

Average Monthly Net Salary, after tax 3,293 $ 4,192 $
Mortgage Interest Rate, for 20 years fixed-rate 5.34 % 6.41 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 59.1 $ 39.2 $
Cinema, 1 seat 13.6 $ 11.8 $
Haircut 47.5 $ 22.5 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 156 $ 87.7 $
Brand Jeans, Levis 501 112 $ 50.4 $

Childcare

Preschool, full day, monthly for 1 child 251 $ 996 $
International Primary School, yearly for 1 child 6,190 $ 14,683 $