Cost of living in Keflavik is 10% higher than in Munich (without rent).
Rent in Keflavik is 24% cheaper than in Munich.
Cost of living including rent in Keflavik is 10% lower than in Munich.
Food in Keflavik is 32% more expensive than in Munich.
Transport in Keflavik is 61% cheaper than in Munich.
| Keflavik | Munich | |
|---|---|---|
| Cost of Living, including rent | ||
| Without Rent | ||
| Rent & Utilities | ||
| Food | ||
| Transport | ||
| Monthly Salary, after tax | ||
| Quality of Life | ||
| Population |
| Keflavik | Munich | |
|---|---|---|
Restaurants |
||
| Lunch menu, inexpensive restaurant |
22.4 $ | 17.1 $ |
| Dinner, for 2 | 126 $ | 77.8 $ |
| Fast food, McDonalds or KFC | 15.6 $ | 12.8 $ |
| Beer, 0.5 L or 16 fl oz | 7.79 $ | 5.12 $ |
| Capuccino | 3.65 $ | 4.67 $ |
| Coke, 330ml | 2.98 $ | 4 $ |
Markets |
Milk, 1 L or 1 qt | 1.72 $ | 1.44 $ |
| Bread, 0.5 kg or 1 lb | 3.69 $ | 2.66 $ |
| Rice, 1 kg or 2 lb | 2.58 $ | 3.14 $ |
| Eggs, 12 pack | 5.53 $ | 3.87 $ |
| Cheese, 1 kg or 2 lb | 15.9 $ | 14.9 $ |
| Chicken Breast, 1 kg or 2 lb | 19.5 $ | 13.8 $ |
| Round Steak, 1 kg or 2 lb | 29.8 $ | 20.4 $ |
| Apples, 1 kg or 2 lb | 2.06 $ | 3.02 $ |
| Banana, 1 kg or 2 lb | 2.06 $ | 1.87 $ |
| Oranges, 1 kg or 2 lb | 2.22 $ | 2.53 $ |
| Potatoes, 1 kg or 2 lb | 2.45 $ | 1.73 $ |
| Onions, 1 kg or 2 lb | 1.36 $ | 1.84 $ |
| Water, 1 L or 1 qt | 1.38 $ | 0.62 $ |
| Coca-Cola / Pepsi, 2 L or 67.6 fl oz | 2.74 $ | 2.02 $ |
| Wine, 750 mL bottle | 14.7 $ | 7.51 $ |
| Beer, 0.5 L or 16 fl oz | 3.22 $ | 1.2 $ |
| Cigarette pack | 11 $ | 9.36 $ |
Transport |
||
| Local transport ticket, One-way Ticket | 4.42 $ | 4.13 $ |
| Monthly pass, Monthly Ticket | 82 $ | 56.1 $ |
| Gas or petrol, 1 L or 0.26 gal | 2.27 $ | 2.03 $ |
| Taxi, 8 km | 24.9 $ | 26.8 $ |
Personal Care |
||
| Doctor visit, private clinic | 84.1 $ | 78.3 $ |
| Cold medicine, for 1 week | 11.6 $ | 9.23 $ |
| Hair shampoo, 400 ml or 12 oz | 5.3 $ | 3.54 $ |
| Toilet paper, 4 rolls | 4.68 $ | 2.06 $ |
| Toothpaste, 1 tube | 3.31 $ | 1.51 $ |
Utilities per Month |
||
| Utility bill - 1 person, electricity, heating, water & garbage |
25.7 $ | 165 $ |
| Utility bill - family, electricity, heating, water & garbage |
39.4 $ | 258 $ |
| Internet plan, +60 Mbps |
66.9 $ | 43.3 $ |
Rent per Month |
||
| 1 Bedroom Apartment, outside of center, 40 sq.m | 880 $ | 1,107 $ |
| 3 Bedroom Apartment, outside of center, 85 sq.m | 1,380 $ | 2,147 $ |
| 1 Bedroom Apartment, in city center, 40 sq.m | 1,242 $ | 1,433 $ |
| 3 Bedroom Apartment, in city center, 85 sq.m | 1,796 $ | 2,772 $ |
Buy Apartment Price |
||
| Price per Square Meter to Buy Apartment, in city center | 2,868 $ | 12,629 $ |
| Price per Square Meter to Buy House, in suburbs | 2,055 $ | 9,154 $ |
Salaries and Financing |
||
| Average Monthly Net Salary, after tax | 3,293 $ | 3,717 $ |
| Mortgage Interest Rate, for 20 years fixed-rate | 5.34 % | 3.97 % |
Sports and Leisure |
||
| Fitness Club, Monthly Fee for 1 Adult | 59.1 $ | 56.9 $ |
| Cinema, 1 seat | 13.6 $ | 14.2 $ |
| Haircut | 47.5 $ | 23 $ |
Clothing and Shoes |
||
| Brand Sneakers, mid-range, Nike or similar | 156 $ | 107 $ |
| Brand Jeans, Levis 501 | 112 $ | 101 $ |
Childcare |
||
| Preschool, full day, monthly for 1 child | 251 $ | 1,009 $ |
| International Primary School, yearly for 1 child | 6,190 $ | 19,483 $ |