Cost of Living in Nuuk vs Reykjavik

Cost of living in Nuuk is 10% lower than in Reykjavik (without rent).

Rent in Nuuk is 38% cheaper than in Reykjavik.

Cost of living including rent in Nuuk is 27% lower than in Reykjavik.

Food in Nuuk is 9% cheaper than in Reykjavik.

Transport in Nuuk is 12% cheaper than in Reykjavik.

Nuuk vs. Reykjavik Comparision

Nuuk Reykjavik
Cost of Living, including rent
2,125 $
2,915 $
Without Rent
1,018 $
1,134 $
Rent & Utilities
1,107 $
1,781 $
Food
754 $
832 $
Transport
78 $
89 $
Monthly Salary, after tax
4,889 $
3,918 $
Quality of Life
64
89
Population
18.3K
140.0K

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Nuuk Reykjavik

Restaurants

Lunch menu,
inexpensive restaurant
15 $ 22 $
Dinner, for 2 95.1 $ 125 $
Fast food, McDonalds or KFC 15.6 $ 18.5 $
Beer, 0.5 L or 16 fl oz 9.73 $ 11.1 $
Capuccino 6.26 $ 5.35 $
Coke, 330ml 2.52 $ 3.27 $

Markets

Milk, 1 L or 1 qt 2.74 $ 1.72 $
Bread, 0.5 kg or 1 lb 3.92 $ 3.66 $
Rice, 1 kg or 2 lb 3.75 $ 3.25 $
Eggs, 12 pack 4.93 $ 5.9 $
Cheese, 1 kg or 2 lb 11.9 $ 16 $
Chicken Breast, 1 kg or 2 lb 17.3 $ 21.4 $
Round Steak, 1 kg or 2 lb 15 $ 37.6 $
Apples, 1 kg or 2 lb 5.47 $ 3.07 $
Banana, 1 kg or 2 lb 4.21 $ 2.29 $
Oranges, 1 kg or 2 lb 3.7 $ 2.72 $
Potatoes, 1 kg or 2 lb 3.47 $ 3.21 $
Onions, 1 kg or 2 lb 3.96 $ 2.16 $
Water, 1 L or 1 qt 1.67 $ 1.37 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 3.34 $ 2.74 $
Wine, 750 mL bottle 25.3 $ 22 $
Beer, 0.5 L or 16 fl oz 4.92 $ 3.27 $
Cigarette pack 11.7 $ 12.2 $

Transport

Local transport ticket, One-way Ticket 3.16 $ 4.63 $
Monthly pass, Monthly Ticket 86.5 $ 77.2 $
Gas or petrol, 1 L or 0.26 gal 0.91 $ 2.29 $
Taxi, 8 km 24.8 $ 24.8 $

Personal Care

Doctor visit, private clinic 45.4 $ 84.7 $
Cold medicine, for 1 week 11.6 $ 11.6 $
Hair shampoo, 400 ml or 12 oz 5.52 $ 5.36 $
Toilet paper, 4 rolls 5.62 $ 4.68 $
Toothpaste, 1 tube 2.27 $ 3.32 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
137 $ 44.2 $
Utility bill - family,
electricity, heating, water & garbage
212 $ 68.4 $
Internet plan,
+60 Mbps
132 $ 74.1 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 790 $ 1,626 $
3 Bedroom Apartment, outside of center, 85 sq.m 1,570 $ 2,552 $
1 Bedroom Apartment, in city center, 40 sq.m 1,031 $ 1,809 $
3 Bedroom Apartment, in city center, 85 sq.m 2,032 $ 2,822 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 3,333 $ 6,498 $
Price per Square Meter to Buy House, in suburbs 9,228 $ 5,311 $

Salaries and Financing

Average Monthly Net Salary, after tax 4,889 $ 3,918 $
Mortgage Interest Rate, for 20 years fixed-rate 4.67 % 8.55 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 47.6 $ 71.8 $
Cinema, 1 seat 22.6 $ 15.1 $
Haircut 51.1 $ 47.4 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 101 $ 155 $
Brand Jeans, Levis 501 89.3 $ 112 $

Childcare

Preschool, full day, monthly for 1 child 574 $ 254 $
International Primary School, yearly for 1 child 7,224 $ 6,167 $