Cost of Living in Munich vs Hafnarfjorur

Cost of living in Munich is 11% lower than in Hafnarfjorur (without rent).

Rent in Munich is 10% cheaper than in Hafnarfjorur.

Cost of living including rent in Munich is 10% lower than in Hafnarfjorur.

Food in Munich is 27% cheaper than in Hafnarfjorur.

Transport in Munich is 165% more expensive than in Hafnarfjorur.

Munich vs. Hafnarfjorur Comparision

Munich Hafnarfjorur
Cost of Living, including rent
2,332 $
2,602 $
Without Rent
953 $
1,073 $
Rent & Utilities
1,380 $
1,529 $
Food
569 $
778 $
Transport
219 $
83 $
Monthly Salary, after tax
3,717 $
3,862 $
Quality of Life
94
72
Population
1.5M
30.6K

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Munich Hafnarfjorur

Restaurants

Lunch menu,
inexpensive restaurant
17.1 $ 22.1 $
Dinner, for 2 77.8 $ 107 $
Fast food, McDonalds or KFC 12.8 $ 18.3 $
Beer, 0.5 L or 16 fl oz 5.12 $ 10.1 $
Capuccino 4.67 $ 5.07 $
Coke, 330ml 4 $ 2.74 $

Markets

Milk, 1 L or 1 qt 1.44 $ 1.62 $
Bread, 0.5 kg or 1 lb 2.66 $ 3.61 $
Rice, 1 kg or 2 lb 3.14 $ 3.14 $
Eggs, 12 pack 3.87 $ 5.77 $
Cheese, 1 kg or 2 lb 14.9 $ 15.7 $
Chicken Breast, 1 kg or 2 lb 13.8 $ 18.9 $
Round Steak, 1 kg or 2 lb 20.4 $ 32.5 $
Apples, 1 kg or 2 lb 3.02 $ 2.91 $
Banana, 1 kg or 2 lb 1.87 $ 2.27 $
Oranges, 1 kg or 2 lb 2.53 $ 2.72 $
Potatoes, 1 kg or 2 lb 1.73 $ 3.08 $
Onions, 1 kg or 2 lb 1.84 $ 1.67 $
Water, 1 L or 1 qt 0.62 $ 1.22 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.02 $ 2.75 $
Wine, 750 mL bottle 7.51 $ 21.2 $
Beer, 0.5 L or 16 fl oz 1.2 $ 3.25 $
Cigarette pack 9.36 $ 12 $

Transport

Local transport ticket, One-way Ticket 4.13 $ 4.39 $
Monthly pass, Monthly Ticket 56.1 $ 71.3 $
Gas or petrol, 1 L or 0.26 gal 2.03 $ 2.29 $
Taxi, 8 km 26.8 $ 24.9 $

Personal Care

Doctor visit, private clinic 78.3 $ 84.3 $
Cold medicine, for 1 week 9.23 $ 11.6 $
Hair shampoo, 400 ml or 12 oz 3.54 $ 5.35 $
Toilet paper, 4 rolls 2.06 $ 4.69 $
Toothpaste, 1 tube 1.51 $ 3.31 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
165 $ 44.6 $
Utility bill - family,
electricity, heating, water & garbage
258 $ 68.9 $
Internet plan,
+60 Mbps
43.3 $ 71.2 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 1,107 $ 1,371 $
3 Bedroom Apartment, outside of center, 85 sq.m 2,147 $ 2,238 $
1 Bedroom Apartment, in city center, 40 sq.m 1,433 $ 1,586 $
3 Bedroom Apartment, in city center, 85 sq.m 2,772 $ 2,434 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 12,629 $ 5,359 $
Price per Square Meter to Buy House, in suburbs 9,154 $ 4,299 $

Salaries and Financing

Average Monthly Net Salary, after tax 3,717 $ 3,862 $
Mortgage Interest Rate, for 20 years fixed-rate 3.97 % 6.46 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 56.9 $ 66.6 $
Cinema, 1 seat 14.2 $ 15 $
Haircut 23 $ 47.4 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 107 $ 152 $
Brand Jeans, Levis 501 101 $ 113 $

Childcare

Preschool, full day, monthly for 1 child 1,009 $ 255 $
International Primary School, yearly for 1 child 19,483 $ 6,122 $