Cost of Living in Piestany vs Reykjavik

Cost of living in Piestany is 62% lower than in Reykjavik (without rent).

Rent in Piestany is 72% cheaper than in Reykjavik.

Cost of living including rent in Piestany is 68% lower than in Reykjavik.

Food in Piestany is 63% cheaper than in Reykjavik.

Transport in Piestany is 60% cheaper than in Reykjavik.

Piestany vs. Reykjavik Comparision

Piestany Reykjavik
Cost of Living, including rent
935 $
2,915 $
Without Rent
428 $
1,134 $
Rent & Utilities
507 $
1,781 $
Food
310 $
832 $
Transport
36 $
89 $
Monthly Salary, after tax
1,044 $
3,918 $
Quality of Life
54
89
Population
26.7K
140.0K

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Piestany Reykjavik

Restaurants

Lunch menu,
inexpensive restaurant
6.87 $ 22 $
Dinner, for 2 25.7 $ 125 $
Fast food, McDonalds or KFC 7.65 $ 18.5 $
Beer, 0.5 L or 16 fl oz 1.54 $ 11.1 $
Capuccino 2.13 $ 5.35 $
Coke, 330ml 1.67 $ 3.27 $

Markets

Milk, 1 L or 1 qt 0.99 $ 1.72 $
Bread, 0.5 kg or 1 lb 0.97 $ 3.66 $
Rice, 1 kg or 2 lb 0.87 $ 3.25 $
Eggs, 12 pack 3.45 $ 5.9 $
Cheese, 1 kg or 2 lb 10.5 $ 16 $
Chicken Breast, 1 kg or 2 lb 6.61 $ 21.4 $
Round Steak, 1 kg or 2 lb 11.6 $ 37.6 $
Apples, 1 kg or 2 lb 1.74 $ 3.07 $
Banana, 1 kg or 2 lb 1.42 $ 2.29 $
Oranges, 1 kg or 2 lb 1.99 $ 2.72 $
Potatoes, 1 kg or 2 lb 1.17 $ 3.21 $
Onions, 1 kg or 2 lb 1.55 $ 2.16 $
Water, 1 L or 1 qt 0.44 $ 1.37 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 1.7 $ 2.74 $
Wine, 750 mL bottle 4.9 $ 22 $
Beer, 0.5 L or 16 fl oz 0.87 $ 3.27 $
Cigarette pack 4.9 $ 12.2 $

Transport

Local transport ticket, One-way Ticket 0.93 $ 4.63 $
Monthly pass, Monthly Ticket 22.3 $ 77.2 $
Gas or petrol, 1 L or 0.26 gal 1.72 $ 2.29 $
Taxi, 8 km 11.6 $ 24.8 $

Personal Care

Doctor visit, private clinic 36.1 $ 84.7 $
Cold medicine, for 1 week 8.14 $ 11.6 $
Hair shampoo, 400 ml or 12 oz 3.54 $ 5.36 $
Toilet paper, 4 rolls 1.49 $ 4.68 $
Toothpaste, 1 tube 2.3 $ 3.32 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
136 $ 44.2 $
Utility bill - family,
electricity, heating, water & garbage
209 $ 68.4 $
Internet plan,
+60 Mbps
16.1 $ 74.1 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 345 $ 1,626 $
3 Bedroom Apartment, outside of center, 85 sq.m 873 $ 2,552 $
1 Bedroom Apartment, in city center, 40 sq.m 395 $ 1,809 $
3 Bedroom Apartment, in city center, 85 sq.m 996 $ 2,822 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 3,171 $ 6,498 $
Price per Square Meter to Buy House, in suburbs 2,727 $ 5,311 $

Salaries and Financing

Average Monthly Net Salary, after tax 1,044 $ 3,918 $
Mortgage Interest Rate, for 20 years fixed-rate 4.03 % 8.55 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 42.8 $ 71.8 $
Cinema, 1 seat 7.72 $ 15.1 $
Haircut 14.3 $ 47.4 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 54.8 $ 155 $
Brand Jeans, Levis 501 32.8 $ 112 $

Childcare

Preschool, full day, monthly for 1 child 327 $ 254 $
International Primary School, yearly for 1 child 11,842 $ 6,167 $