Cost of Living in Van vs Reykjavik

Cost of living in Van is 71% lower than in Reykjavik (without rent).

Rent in Van is 88% cheaper than in Reykjavik.

Cost of living including rent in Van is 81% lower than in Reykjavik.

Food in Van is 77% cheaper than in Reykjavik.

Transport in Van is 5% cheaper than in Reykjavik.

Van vs. Reykjavik Comparision

Van Reykjavik
Cost of Living, including rent
552 $
2,915 $
Without Rent
333 $
1,134 $
Rent & Utilities
219 $
1,781 $
Food
189 $
832 $
Transport
84 $
89 $
Monthly Salary, after tax
263 $
3,918 $
Quality of Life
33
89
Population
1.1M
140.0K

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Van Reykjavik

Restaurants

Lunch menu,
inexpensive restaurant
1.55 $ 22 $
Dinner, for 2 17.9 $ 125 $
Fast food, McDonalds or KFC 2.38 $ 18.5 $
Beer, 0.5 L or 16 fl oz 1.9 $ 11.1 $
Capuccino 2.69 $ 5.35 $
Coke, 330ml 0.9 $ 3.27 $

Markets

Milk, 1 L or 1 qt 0.63 $ 1.72 $
Bread, 0.5 kg or 1 lb 0.82 $ 3.66 $
Rice, 1 kg or 2 lb 1.42 $ 3.25 $
Eggs, 12 pack 0.99 $ 5.9 $
Cheese, 1 kg or 2 lb 9.23 $ 16 $
Chicken Breast, 1 kg or 2 lb 4.48 $ 21.4 $
Round Steak, 1 kg or 2 lb 16.2 $ 37.6 $
Apples, 1 kg or 2 lb 0.83 $ 3.07 $
Banana, 1 kg or 2 lb 2.2 $ 2.29 $
Oranges, 1 kg or 2 lb 0.8 $ 2.72 $
Potatoes, 1 kg or 2 lb 0.49 $ 3.21 $
Onions, 1 kg or 2 lb 0.44 $ 2.16 $
Water, 1 L or 1 qt 0.21 $ 1.37 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 0.64 $ 2.74 $
Wine, 750 mL bottle 13.3 $ 22 $
Beer, 0.5 L or 16 fl oz 2.22 $ 3.27 $
Cigarette pack 1.67 $ 12.2 $

Transport

Local transport ticket, One-way Ticket 0.44 $ 4.63 $
Monthly pass, Monthly Ticket 22.8 $ 77.2 $
Gas or petrol, 1 L or 0.26 gal 0.9 $ 2.29 $
Taxi, 8 km 13 $ 24.8 $

Personal Care

Doctor visit, private clinic 17.9 $ 84.7 $
Cold medicine, for 1 week 1.69 $ 11.6 $
Hair shampoo, 400 ml or 12 oz 1.97 $ 5.36 $
Toilet paper, 4 rolls 2.47 $ 4.68 $
Toothpaste, 1 tube 0.76 $ 3.32 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
76.9 $ 44.2 $
Utility bill - family,
electricity, heating, water & garbage
119 $ 68.4 $
Internet plan,
+60 Mbps
9.16 $ 74.1 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 115 $ 1,626 $
3 Bedroom Apartment, outside of center, 85 sq.m 234 $ 2,552 $
1 Bedroom Apartment, in city center, 40 sq.m 205 $ 1,809 $
3 Bedroom Apartment, in city center, 85 sq.m 511 $ 2,822 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 699 $ 6,498 $
Price per Square Meter to Buy House, in suburbs 436 $ 5,311 $

Salaries and Financing

Average Monthly Net Salary, after tax 263 $ 3,918 $
Mortgage Interest Rate, for 20 years fixed-rate 20.84 % 8.55 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 20.7 $ 71.8 $
Cinema, 1 seat 2.88 $ 15.1 $
Haircut 3.53 $ 47.4 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 68.6 $ 155 $
Brand Jeans, Levis 501 58.5 $ 112 $

Childcare

Preschool, full day, monthly for 1 child 204 $ 254 $
International Primary School, yearly for 1 child 3,509 $ 6,167 $