Cost of Living in Lubeck vs Reykjavik

Cost of living in Lubeck is 33% lower than in Reykjavik (without rent).

Rent in Lubeck is 47% cheaper than in Reykjavik.

Cost of living including rent in Lubeck is 42% lower than in Reykjavik.

Food in Lubeck is 37% cheaper than in Reykjavik.

Transport in Lubeck is 14% more expensive than in Reykjavik.

Lubeck vs. Reykjavik Comparision

Lubeck Reykjavik
Cost of Living, including rent
1,704 $
2,915 $
Without Rent
762 $
1,134 $
Rent & Utilities
942 $
1,781 $
Food
528 $
832 $
Transport
101 $
89 $
Monthly Salary, after tax
2,871 $
3,918 $
Quality of Life
87
89
Population
218.0K
140.0K

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Lubeck Reykjavik

Restaurants

Lunch menu,
inexpensive restaurant
15.2 $ 22 $
Dinner, for 2 61.7 $ 125 $
Fast food, McDonalds or KFC 11.1 $ 18.5 $
Beer, 0.5 L or 16 fl oz 5.45 $ 11.1 $
Capuccino 4.15 $ 5.35 $
Coke, 330ml 2.88 $ 3.27 $

Markets

Milk, 1 L or 1 qt 1.22 $ 1.72 $
Bread, 0.5 kg or 1 lb 2.17 $ 3.66 $
Rice, 1 kg or 2 lb 3.34 $ 3.25 $
Eggs, 12 pack 3.63 $ 5.9 $
Cheese, 1 kg or 2 lb 14.3 $ 16 $
Chicken Breast, 1 kg or 2 lb 14.4 $ 21.4 $
Round Steak, 1 kg or 2 lb 19.2 $ 37.6 $
Apples, 1 kg or 2 lb 2.93 $ 3.07 $
Banana, 1 kg or 2 lb 1.61 $ 2.29 $
Oranges, 1 kg or 2 lb 2.21 $ 2.72 $
Potatoes, 1 kg or 2 lb 1.56 $ 3.21 $
Onions, 1 kg or 2 lb 1.35 $ 2.16 $
Water, 1 L or 1 qt 0.5 $ 1.37 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 1.79 $ 2.74 $
Wine, 750 mL bottle 5.54 $ 22 $
Beer, 0.5 L or 16 fl oz 1 $ 3.27 $
Cigarette pack 9.1 $ 12.2 $

Transport

Local transport ticket, One-way Ticket 3.33 $ 4.63 $
Monthly pass, Monthly Ticket 54.9 $ 77.2 $
Gas or petrol, 1 L or 0.26 gal 1.95 $ 2.29 $
Taxi, 8 km 27.5 $ 24.8 $

Personal Care

Doctor visit, private clinic 63.8 $ 84.7 $
Cold medicine, for 1 week 10.4 $ 11.6 $
Hair shampoo, 400 ml or 12 oz 3.14 $ 5.36 $
Toilet paper, 4 rolls 1.38 $ 4.68 $
Toothpaste, 1 tube 1.96 $ 3.32 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
201 $ 44.2 $
Utility bill - family,
electricity, heating, water & garbage
312 $ 68.4 $
Internet plan,
+60 Mbps
52.7 $ 74.1 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 687 $ 1,626 $
3 Bedroom Apartment, outside of center, 85 sq.m 1,556 $ 2,552 $
1 Bedroom Apartment, in city center, 40 sq.m 698 $ 1,809 $
3 Bedroom Apartment, in city center, 85 sq.m 1,810 $ 2,822 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 3,932 $ 6,498 $
Price per Square Meter to Buy House, in suburbs 4,181 $ 5,311 $

Salaries and Financing

Average Monthly Net Salary, after tax 2,871 $ 3,918 $
Mortgage Interest Rate, for 20 years fixed-rate 3.95 % 8.55 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 32.6 $ 71.8 $
Cinema, 1 seat 12.7 $ 15.1 $
Haircut 13.5 $ 47.4 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 95.5 $ 155 $
Brand Jeans, Levis 501 87.5 $ 112 $

Childcare

Preschool, full day, monthly for 1 child 446 $ 254 $
International Primary School, yearly for 1 child 10,029 $ 6,167 $