Albuquerque vs Reykjavik - Cost of Living Comparison

Updated: March 11, 2026

	Albuquerque	Reykjavik
🚶 Cost of living one person	$2026	$3322
👨‍👩‍👧‍👦 Cost of living Family	$5037	$6846
🏠 One person rent	$1168	$2058
🏘️ Family rent	$2063	$3020
🍽️ Food expenses	$606	$916
🚐 Transport expenses	$95.4	$102
💳 Monthly salary after tax	$3847	$4546
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	9 km	4 km
🎓 Higher education	27	52
😀 Quality of life	83	89
🏙️ Population	565K	139K

The cost of living in Albuquerque is 39% less expensive than in Reykjavik. Cities ranked 1965th and 86th ($2026 vs $3322) in the list of the most expensive cities in the world and ranked 1541st and 1st in the United States and Iceland, respectively. Check the United States vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 1.9 months in Albuquerque compared to 1.4 months in Reykjavik. Albuquerque ranked 185th best city to live in the United States vs Reykjavik ranked 1st in Iceland, while ranked 561st and 268th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

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<img src="https://livingcost.org/assets/photo/cost/albuquerque/reykjavik.jpg" alt="Cost of living in Albuquerque vs Reykjavik infographic" style="max-width: 100%; height: auto;"><p>Source: <a href="https://livingcost.org/cost/albuquerque/reykjavik" target="_blank">Albuquerque vs Reykjavik - Cost of Living Comparison</a></p>

Prices in Albuquerque vs Reykjavik

Prices for goods and services in Albuquerque and Reykjavik are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

	Albuquerque	Reykjavik
Eating Out
🍱 Lunch Menu	$19	$28.6
🥂 Dinner in a Restaurant, for 2	$73.4	$90.8
🥪 Fast food meal, equiv. McDonald's	$10.3	$20.3
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$6.02	$12.6
☕ Cappuccino	$5.25	$6.19
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.76	$3.25
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1143	$2151
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$961	$1861
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2114	$3373
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1766	$2721
🔌 Utility Bill one person, electricity, heating, water, etc.	$102	$51.6
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$159	$81.7
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$68.8	$87.2
🏦 Mortgage Interest Rate for 20 Years	6.31%	8.79%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$2420	$7832
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$2241	$6385
Transportation
🚌 Local transport ticket	$1.94	$5.51
🎟️ Monthly ticket local transport	$30.8	$87.9
🚕 Taxi Ride, 8 km or 5 mi	$19.3	$29.5
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.78	$2.49
Groceries
🥛 Milk, 1 L or 1 qt	$0.96	$1.98
🍞 Bread, 0.5 kg or 1.1 lb	$3.13	$4.44
🍚 Rice, 1 kg or 2.2 lb	$3.94	$3.58
🥚 Eggs, x12	$4.43	$6.83
🧀 Cheese, 1 kg or 2.2 lb	$11.7	$19.7
🐔 Chicken Breast, 1 kg or 2.2 lb	$10.5	$26
🥩 Round Steak, 1 kg or 2.2 lb	$19.2	$44.9
🍏 Apples, 1 kg or 2.2 lb	$4.81	$3.55
🍌 Banana, 1 kg or 2.2 lb	$1.53	$2.67
🍊 Oranges, 1 kg or 2.2 lb	$3.96	$3.41
🍅 Tomato, 1 kg or 2.2 lb	$4.67	$5.8
🥔 Potato, 1 kg or 2.2 lb	$2.65	$3.52
🧅 Onion, 1 kg or 2.2 lb	$3.17	$2.2
🌊 Water, 1 L or 1 qt	$1.78	$1.27
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.66	$3.01
🍾 Wine (mid-priced), 750 mL bottle	$14.1	$24.2
🍺 Beer, 0.5 L or 16 fl oz	$2.17	$3.95
🚬 Cigarette pack	$10.5	$14
💊 Cold medicince, 1 week	$6.32	$12.7
🧴 Hair Shampoo	$5.24	$5.93
🧻 Toilet paper, 4 rolls	$3.98	$5.26
👄 Toothpaste, 1 tube	$1.87	$3.63
Other
🏋️ Gym Membership, 1 month	$45.3	$95.3
🎫 Cinema Ticket, 1 person	$13.7	$18.6
👩‍⚕️ Doctor's visit	$123	$93.8
💇 Haircut, simple	$15.3	$46.1
👖 Brand Jeans	$50.8	$144
👟 Brand Sneakers	$95.2	$176
👶 Daycare or Preschool, 1 month	$1491	$408
🏫 International Primary School, 1 year	$24972	$30361

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Albuquerque

Distance	City	Cost of living
14 km or 8.5 mi	Rio Rancho	$2040
85 km or 53 mi	Santa Fe	$2216
110 km or 69 mi	Espanola	$2220
170 km or 106 mi	Taos	$2418
197 km or 123 mi	Gallup	$2190
230 km or 143 mi	Farmington	$2472
254 km or 158 mi	Alamogordo	$1734
272 km or 169 mi	Roswell	$1928
311 km or 193 mi	Las Cruces	$1641
321 km or 200 mi	Clovis	$1724
373 km or 232 mi	Carlsbad	$1855
374 km or 232 mi	El Paso	$1828
376 km or 233 mi	Ciudad Juarez	$1002
388 km or 241 mi	Socorro	$1876
393 km or 244 mi	Pueblo	$2140
418 km or 259 mi	Hobbs	$1924
433 km or 269 mi	Fountain	$2323
434 km or 270 mi	Amarillo	$1817
437 km or 272 mi	Security-Widefield	$2357
447 km or 278 mi	Colorado Springs	$2451
456 km or 283 mi	Flagstaff	$2589
460 km or 286 mi	Plainview	$2023
467 km or 290 mi	Lubbock	$1934
472 km or 293 mi	Grand Junction	$2168
491 km or 305 mi	Apache Junction	$2490
496 km or 308 mi	Florence	$2444
498 km or 310 mi	Castle Rock	$2510
498 km or 310 mi	Fountain Hills	$2384
502 km or 312 mi	Agua Prieta	$863
502 km or 312 mi	Oro Valley	$2050
505 km or 314 mi	Queen Creek	$3022
510 km or 317 mi	Casas Adobes	$2005
512 km or 318 mi	Tucson	$1930
513 km or 319 mi	Highlands Ranch	$2600
514 km or 320 mi	Gilbert	$2381
515 km or 320 mi	Mesa	$2298
516 km or 320 mi	Marana	$2089
516 km or 321 mi	Parker	$2524
520 km or 323 mi	Littleton	$2286
520 km or 323 mi	Scottsdale	$2471

Cities near Reykjavik

Distance	City	Cost of living
6.8 km or 4.2 mi	Kopavogur	$3219
9.8 km or 6.1 mi	Hafnarfjorur	$3212
38 km or 24 mi	Keflavik	$2621
247 km or 153 mi	Akureyri	$2974
795 km or 494 mi	Torshavn	$2066
1204 km or 748 mi	Inverness	$2053
1230 km or 764 mi	Elgin	$1540
1300 km or 808 mi	Derry	$1620
1309 km or 813 mi	Greenock	$1645
1321 km or 821 mi	Aberdeen	$1848
1325 km or 823 mi	Perth	$1656
1328 km or 825 mi	Stirling	$1852
1331 km or 827 mi	Paisley	$1906
1333 km or 828 mi	Alloa	$1862
1337 km or 831 mi	Glasgow	$2121
1339 km or 832 mi	Dundee	$1585
1340 km or 833 mi	Omagh	$1769
1341 km or 833 mi	Cumbernauld	$1652
1342 km or 834 mi	Irvine	$1707
1348 km or 838 mi	East Kilbride	$1902
1349 km or 838 mi	Kilmarnock	$1568
1351 km or 839 mi	Dunfermline	$1782
1353 km or 841 mi	Hamilton	$1854
1357 km or 843 mi	Ayr	$1588
1360 km or 845 mi	Kirkcaldy	$1821
1365 km or 848 mi	Livingston	$1784
1372 km or 852 mi	Edinburgh	$2331
1382 km or 859 mi	Newtownabbey	$1892
1387 km or 862 mi	Belfast	$1954
1390 km or 864 mi	Bangor	$1496
1391 km or 864 mi	Lisburn	$1945
1401 km or 871 mi	Alesund	$1980
1413 km or 878 mi	Galway	$2978
1425 km or 886 mi	Dundalk	$2179
1431 km or 889 mi	Dumfries	$1490
1433 km or 891 mi	Nuuk	$2363
1441 km or 895 mi	Molde	$2135
1454 km or 903 mi	Kristiansund	$1984
1455 km or 904 mi	Drogheda	$2627
1455 km or 904 mi	Bergen	$2409