Cost of Living in Magdeburg vs Keflavik

Cost of living in Magdeburg is 31% lower than in Keflavik (without rent).

Rent in Magdeburg is 38% cheaper than in Keflavik.

Cost of living including rent in Magdeburg is 35% lower than in Keflavik.

Food in Magdeburg is 32% cheaper than in Keflavik.

Transport in Magdeburg is 9% more expensive than in Keflavik.

Magdeburg vs. Keflavik Comparision

Magdeburg Keflavik
Cost of Living, including rent
1,365 $
2,091 $
Without Rent
722 $
1,046 $
Rent & Utilities
643 $
1,045 $
Food
510 $
751 $
Transport
94 $
86 $
Monthly Salary, after tax
2,737 $
3,293 $
Quality of Life
70
71
Population
239.0K
15.9K

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Magdeburg Keflavik

Restaurants

Lunch menu,
inexpensive restaurant
13.6 $ 22.4 $
Dinner, for 2 67.3 $ 126 $
Fast food, McDonalds or KFC 8.92 $ 15.6 $
Beer, 0.5 L or 16 fl oz 4.75 $ 7.79 $
Capuccino 3.38 $ 3.65 $
Coke, 330ml 3.03 $ 2.98 $

Markets

Milk, 1 L or 1 qt 1.17 $ 1.72 $
Bread, 0.5 kg or 1 lb 2.05 $ 3.69 $
Rice, 1 kg or 2 lb 3.12 $ 2.58 $
Eggs, 12 pack 3.43 $ 5.53 $
Cheese, 1 kg or 2 lb 14.2 $ 15.9 $
Chicken Breast, 1 kg or 2 lb 14.5 $ 19.5 $
Round Steak, 1 kg or 2 lb 17.9 $ 29.8 $
Apples, 1 kg or 2 lb 2.99 $ 2.06 $
Banana, 1 kg or 2 lb 1.59 $ 2.06 $
Oranges, 1 kg or 2 lb 2.17 $ 2.22 $
Potatoes, 1 kg or 2 lb 1.32 $ 2.45 $
Onions, 1 kg or 2 lb 1.46 $ 1.36 $
Water, 1 L or 1 qt 0.57 $ 1.38 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2 $ 2.74 $
Wine, 750 mL bottle 5.57 $ 14.7 $
Beer, 0.5 L or 16 fl oz 1 $ 3.22 $
Cigarette pack 9.1 $ 11 $

Transport

Local transport ticket, One-way Ticket 2.9 $ 4.42 $
Monthly pass, Monthly Ticket 56.2 $ 82 $
Gas or petrol, 1 L or 0.26 gal 1.93 $ 2.27 $
Taxi, 8 km 22 $ 24.9 $

Personal Care

Doctor visit, private clinic 61.9 $ 84.1 $
Cold medicine, for 1 week 10.4 $ 11.6 $
Hair shampoo, 400 ml or 12 oz 2.8 $ 5.3 $
Toilet paper, 4 rolls 1.7 $ 4.68 $
Toothpaste, 1 tube 1.86 $ 3.31 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
204 $ 25.7 $
Utility bill - family,
electricity, heating, water & garbage
316 $ 39.4 $
Internet plan,
+60 Mbps
49.2 $ 66.9 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 356 $ 880 $
3 Bedroom Apartment, outside of center, 85 sq.m 781 $ 1,380 $
1 Bedroom Apartment, in city center, 40 sq.m 528 $ 1,242 $
3 Bedroom Apartment, in city center, 85 sq.m 1,182 $ 1,796 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 2,339 $ 2,868 $
Price per Square Meter to Buy House, in suburbs 2,540 $ 2,055 $

Salaries and Financing

Average Monthly Net Salary, after tax 2,737 $ 3,293 $
Mortgage Interest Rate, for 20 years fixed-rate 3.99 % 5.34 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 26.8 $ 59.1 $
Cinema, 1 seat 8.86 $ 13.6 $
Haircut 17.2 $ 47.5 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 92.1 $ 156 $
Brand Jeans, Levis 501 62.1 $ 112 $

Childcare

Preschool, full day, monthly for 1 child 223 $ 251 $
International Primary School, yearly for 1 child 15,561 $ 6,190 $