Cost of Living in Oxford vs Reykjavik

Cost of living in Oxford is 34% lower than in Reykjavik (without rent).

Rent in Oxford is 28% cheaper than in Reykjavik.

Cost of living including rent in Oxford is 30% lower than in Reykjavik.

Food in Oxford is 34% cheaper than in Reykjavik.

Transport in Oxford is 40% cheaper than in Reykjavik.

Oxford vs. Reykjavik Comparision

Oxford Reykjavik
Cost of Living, including rent
2,030 $
2,915 $
Without Rent
752 $
1,134 $
Rent & Utilities
1,277 $
1,781 $
Food
549 $
832 $
Transport
54 $
89 $
Monthly Salary, after tax
2,517 $
3,918 $
Quality of Life
57
89
Population
25.4K
140.0K

Compare other cities?

Oxford Reykjavik

Restaurants

Lunch menu,
inexpensive restaurant
17.5 $ 22 $
Dinner, for 2 54.5 $ 125 $
Fast food, McDonalds or KFC 10.1 $ 18.5 $
Beer, 0.5 L or 16 fl oz 4.46 $ 11.1 $
Capuccino 5 $ 5.35 $
Coke, 330ml 1.54 $ 3.27 $

Markets

Milk, 1 L or 1 qt 0.98 $ 1.72 $
Bread, 0.5 kg or 1 lb 3.74 $ 3.66 $
Rice, 1 kg or 2 lb 3.41 $ 3.25 $
Eggs, 12 pack 3.33 $ 5.9 $
Cheese, 1 kg or 2 lb 16 $ 16 $
Chicken Breast, 1 kg or 2 lb 11 $ 21.4 $
Round Steak, 1 kg or 2 lb 14.4 $ 37.6 $
Apples, 1 kg or 2 lb 5.91 $ 3.07 $
Banana, 1 kg or 2 lb 1.87 $ 2.29 $
Oranges, 1 kg or 2 lb 3.62 $ 2.72 $
Potatoes, 1 kg or 2 lb 3.19 $ 3.21 $
Onions, 1 kg or 2 lb 1.76 $ 2.16 $
Water, 1 L or 1 qt 1.05 $ 1.37 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.01 $ 2.74 $
Wine, 750 mL bottle 10.9 $ 22 $
Beer, 0.5 L or 16 fl oz 1.73 $ 3.27 $
Cigarette pack 7.5 $ 12.2 $

Transport

Local transport ticket, One-way Ticket 2.04 $ 4.63 $
Monthly pass, Monthly Ticket 45.1 $ 77.2 $
Gas or petrol, 1 L or 0.26 gal 0.79 $ 2.29 $
Taxi, 8 km 19.8 $ 24.8 $

Personal Care

Doctor visit, private clinic 136 $ 84.7 $
Cold medicine, for 1 week 6.79 $ 11.6 $
Hair shampoo, 400 ml or 12 oz 4.64 $ 5.36 $
Toilet paper, 4 rolls 3.18 $ 4.68 $
Toothpaste, 1 tube 1.52 $ 3.32 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
83.9 $ 44.2 $
Utility bill - family,
electricity, heating, water & garbage
130 $ 68.4 $
Internet plan,
+60 Mbps
66.8 $ 74.1 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 1,148 $ 1,626 $
3 Bedroom Apartment, outside of center, 85 sq.m 2,389 $ 2,552 $
1 Bedroom Apartment, in city center, 40 sq.m 1,038 $ 1,809 $
3 Bedroom Apartment, in city center, 85 sq.m 2,630 $ 2,822 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 2,569 $ 6,498 $
Price per Square Meter to Buy House, in suburbs 2,606 $ 5,311 $

Salaries and Financing

Average Monthly Net Salary, after tax 2,517 $ 3,918 $
Mortgage Interest Rate, for 20 years fixed-rate 4.58 % 8.55 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 25 $ 71.8 $
Cinema, 1 seat 9.83 $ 15.1 $
Haircut 15.1 $ 47.4 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 96.9 $ 155 $
Brand Jeans, Levis 501 45.3 $ 112 $

Childcare

Preschool, full day, monthly for 1 child 890 $ 254 $
International Primary School, yearly for 1 child 8,758 $ 6,167 $