Cost of Living in Tula vs Reykjavik

Cost of living in Tula is 72% lower than in Reykjavik (without rent).

Rent in Tula is 89% cheaper than in Reykjavik.

Cost of living including rent in Tula is 83% lower than in Reykjavik.

Food in Tula is 74% cheaper than in Reykjavik.

Transport in Tula is 73% cheaper than in Reykjavik.

Tula vs. Reykjavik Comparision

Tula Reykjavik
Cost of Living, including rent
507 $
2,915 $
Without Rent
314 $
1,134 $
Rent & Utilities
193 $
1,781 $
Food
213 $
832 $
Transport
24 $
89 $
Monthly Salary, after tax
506 $
3,918 $
Quality of Life
50
89
Population
467.0K
140.0K

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Tula Reykjavik

Restaurants

Lunch menu,
inexpensive restaurant
6.28 $ 22 $
Dinner, for 2 31.2 $ 125 $
Fast food, McDonalds or KFC 3.96 $ 18.5 $
Beer, 0.5 L or 16 fl oz 1.53 $ 11.1 $
Capuccino 1.9 $ 5.35 $
Coke, 330ml 1.14 $ 3.27 $

Markets

Milk, 1 L or 1 qt 0.9 $ 1.72 $
Bread, 0.5 kg or 1 lb 0.48 $ 3.66 $
Rice, 1 kg or 2 lb 1.26 $ 3.25 $
Eggs, 12 pack 1.09 $ 5.9 $
Cheese, 1 kg or 2 lb 9.04 $ 16 $
Chicken Breast, 1 kg or 2 lb 4.01 $ 21.4 $
Round Steak, 1 kg or 2 lb 8.5 $ 37.6 $
Apples, 1 kg or 2 lb 0.93 $ 3.07 $
Banana, 1 kg or 2 lb 1.13 $ 2.29 $
Oranges, 1 kg or 2 lb 1.25 $ 2.72 $
Potatoes, 1 kg or 2 lb 0.31 $ 3.21 $
Onions, 1 kg or 2 lb 0.42 $ 2.16 $
Water, 1 L or 1 qt 0.23 $ 1.37 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 0.89 $ 2.74 $
Wine, 750 mL bottle 5.24 $ 22 $
Beer, 0.5 L or 16 fl oz 0.84 $ 3.27 $
Cigarette pack 2.1 $ 12.2 $

Transport

Local transport ticket, One-way Ticket 0.31 $ 4.63 $
Monthly pass, Monthly Ticket 10.4 $ 77.2 $
Gas or petrol, 1 L or 0.26 gal 0.56 $ 2.29 $
Taxi, 8 km 4.01 $ 24.8 $

Personal Care

Doctor visit, private clinic 26.9 $ 84.7 $
Cold medicine, for 1 week 2.68 $ 11.6 $
Hair shampoo, 400 ml or 12 oz 1.29 $ 5.36 $
Toilet paper, 4 rolls 0.58 $ 4.68 $
Toothpaste, 1 tube 0.81 $ 3.32 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
30.5 $ 44.2 $
Utility bill - family,
electricity, heating, water & garbage
46.2 $ 68.4 $
Internet plan,
+60 Mbps
6.37 $ 74.1 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 142 $ 1,626 $
3 Bedroom Apartment, outside of center, 85 sq.m 312 $ 2,552 $
1 Bedroom Apartment, in city center, 40 sq.m 212 $ 1,809 $
3 Bedroom Apartment, in city center, 85 sq.m 467 $ 2,822 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 1,427 $ 6,498 $
Price per Square Meter to Buy House, in suburbs 775 $ 5,311 $

Salaries and Financing

Average Monthly Net Salary, after tax 506 $ 3,918 $
Mortgage Interest Rate, for 20 years fixed-rate 11.03 % 8.55 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 36.3 $ 71.8 $
Cinema, 1 seat 4.16 $ 15.1 $
Haircut 4.21 $ 47.4 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 94.2 $ 155 $
Brand Jeans, Levis 501 50.5 $ 112 $

Childcare

Preschool, full day, monthly for 1 child 286 $ 254 $
International Primary School, yearly for 1 child 2,081 $ 6,167 $