Cost of Living in Reykjavik vs Warsaw

Cost of living in Reykjavik is 60% higher than in Warsaw (without rent).

Rent in Reykjavik is 66% more expensive than in Warsaw.

Cost of living including rent in Reykjavik is 64% higher than in Warsaw.

Food in Reykjavik is 89% more expensive than in Warsaw.

Transport in Reykjavik is 18% cheaper than in Warsaw.

Reykjavik vs. Warsaw Comparision

Reykjavik Warsaw
Cost of Living, including rent
2,915 $
1,780 $
Without Rent
1,134 $
709 $
Rent & Utilities
1,781 $
1,071 $
Food
832 $
440 $
Transport
89 $
108 $
Monthly Salary, after tax
3,918 $
1,966 $
Quality of Life
89
83
Population
140.0K
1.9M

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Reykjavik Warsaw

Restaurants

Lunch menu,
inexpensive restaurant
22 $ 10.3 $
Dinner, for 2 125 $ 54.4 $
Fast food, McDonalds or KFC 18.5 $ 9.78 $
Beer, 0.5 L or 16 fl oz 11.1 $ 4.93 $
Capuccino 5.35 $ 4.19 $
Coke, 330ml 3.27 $ 1.99 $

Markets

Milk, 1 L or 1 qt 1.72 $ 1.32 $
Bread, 0.5 kg or 1 lb 3.66 $ 1.52 $
Rice, 1 kg or 2 lb 3.25 $ 1.89 $
Eggs, 12 pack 5.9 $ 3.87 $
Cheese, 1 kg or 2 lb 16 $ 12.9 $
Chicken Breast, 1 kg or 2 lb 21.4 $ 9.21 $
Round Steak, 1 kg or 2 lb 37.6 $ 11.5 $
Apples, 1 kg or 2 lb 3.07 $ 1.28 $
Banana, 1 kg or 2 lb 2.29 $ 1.72 $
Oranges, 1 kg or 2 lb 2.72 $ 1.92 $
Potatoes, 1 kg or 2 lb 3.21 $ 1.16 $
Onions, 1 kg or 2 lb 2.16 $ 1.1 $
Water, 1 L or 1 qt 1.37 $ 0.46 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.74 $ 3.13 $
Wine, 750 mL bottle 22 $ 11.1 $
Beer, 0.5 L or 16 fl oz 3.27 $ 1.34 $
Cigarette pack 12.2 $ 5.34 $

Transport

Local transport ticket, One-way Ticket 4.63 $ 1.06 $
Monthly pass, Monthly Ticket 77.2 $ 35.6 $
Gas or petrol, 1 L or 0.26 gal 2.29 $ 1.79 $
Taxi, 8 km 24.8 $ 8.63 $

Personal Care

Doctor visit, private clinic 84.7 $ 90.1 $
Cold medicine, for 1 week 11.6 $ 12.6 $
Hair shampoo, 400 ml or 12 oz 5.36 $ 4.53 $
Toilet paper, 4 rolls 4.68 $ 4.52 $
Toothpaste, 1 tube 3.32 $ 3.94 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
44.2 $ 183 $
Utility bill - family,
electricity, heating, water & garbage
68.4 $ 286 $
Internet plan,
+60 Mbps
74.1 $ 18.9 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 1,626 $ 822 $
3 Bedroom Apartment, outside of center, 85 sq.m 2,552 $ 1,452 $
1 Bedroom Apartment, in city center, 40 sq.m 1,809 $ 1,055 $
3 Bedroom Apartment, in city center, 85 sq.m 2,822 $ 2,024 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 6,498 $ 6,035 $
Price per Square Meter to Buy House, in suburbs 5,311 $ 4,031 $

Salaries and Financing

Average Monthly Net Salary, after tax 3,918 $ 1,966 $
Mortgage Interest Rate, for 20 years fixed-rate 8.55 % 7.35 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 71.8 $ 43.3 $
Cinema, 1 seat 15.1 $ 9.29 $
Haircut 47.4 $ 29.4 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 155 $ 98.5 $
Brand Jeans, Levis 501 112 $ 100 $

Childcare

Preschool, full day, monthly for 1 child 254 $ 529 $
International Primary School, yearly for 1 child 6,167 $ 13,474 $