Athens vs Reykjavik - Cost of Living Comparison

Updated: October 14, 2025

	Athens	Reykjavik
🚶 Cost of living one person	$1436	$3268
👨‍👩‍👧‍👦 Cost of living Family	$3478	$6787
🏠 One person rent	$710	$2025
🏘️ Family rent	$1232	$3029
🍽️ Food expenses	$496	$894
🚐 Transport expenses	$95.7	$101
💳 Monthly salary after tax	$1185	$4361
😷 Air quality	Good	Excellent
✈️ Airport proximity	17 km	4 km
🎓 Higher education	90	52
😀 Quality of life	82	91
🏙️ Population	643K	140K

The cost of living in Athens is 56% less expensive than in Reykjavik. Cities ranked 4155th and 88th ($1436 vs $3268) in the list of the most expensive cities in the world and ranked 6th and 1st in Greece and Iceland, respectively. Check Greece vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 0.8 months in Athens compared to 1.3 months in Reykjavik. Athens ranked 1st best city to live in Greece vs Reykjavik ranked 1st in Iceland, while ranked 611th and 191st among best cities to live in the world.

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the estimated difference in money purchasing power

Cost of living in Athens vs Reykjavik infographic

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Prices in Athens vs Reykjavik

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

	Athens	Reykjavik
Eating Out
🍱 Lunch Menu	$16.2	$27.9
🥂 Dinner in a Restaurant, for 2	$61.9	$79.5
🥪 Fast food meal, equiv. McDonald's	$10.1	$20.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$5.91	$13
☕ Cappuccino	$4.53	$6.12
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.42	$3.33
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$660	$2075
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$525	$1851
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1214	$3279
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$950	$2774
🔌 Utility Bill one person, electricity, heating, water, etc.	$125	$45.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$197	$70.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$32.3	$84
🏦 Mortgage Interest Rate for 20 Years	4.72%	9.56%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$3810	$8015
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$3763	$6578
Transportation
🚌 Local transport ticket	$1.4	$5.36
🎟️ Monthly ticket local transport	$33.9	$88.4
🚕 Taxi Ride, 8 km or 5 mi	$13.5	$28.3
⛽ Gas / Petrol, 1 L or 0.26 gal	$2.11	$2.55
Groceries
🥛 Milk, 1 L or 1 qt	$1.92	$2.04
🍞 Bread, 0.5 kg or 1.1 lb	$1.35	$4.43
🍚 Rice, 1 kg or 2.2 lb	$2.49	$3.55
🥚 Eggs, x12	$5.06	$6.58
🧀 Cheese, 1 kg or 2.2 lb	$16	$19.1
🐔 Chicken Breast, 1 kg or 2.2 lb	$11.1	$25
🥩 Round Steak, 1 kg or 2.2 lb	$16.5	$41.5
🍏 Apples, 1 kg or 2.2 lb	$2.42	$3.59
🍌 Banana, 1 kg or 2.2 lb	$2.12	$2.58
🍊 Oranges, 1 kg or 2.2 lb	$1.51	$3.35
🍅 Tomato, 1 kg or 2.2 lb	$2.46	$5.57
🥔 Potato, 1 kg or 2.2 lb	$1.51	$3.7
🧅 Onion, 1 kg or 2.2 lb	$1.24	$2.56
🌊 Water, 1 L or 1 qt	$0.74	$1.27
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.68	$3.04
🍾 Wine (mid-priced), 750 mL bottle	$12.1	$25.5
🍺 Beer, 0.5 L or 16 fl oz	$1.92	$3.79
🚬 Cigarette pack	$5.88	$13.6
💊 Cold medicince, 1 week	$6.96	$12.9
🧴 Hair Shampoo	$5.49	$5.86
🧻 Toilet paper, 4 rolls	$2.98	$5.2
👄 Toothpaste, 1 tube	$2.86	$3.63
Other
🏋️ Gym Membership, 1 month	$52.5	$88.2
🎫 Cinema Ticket, 1 person	$10.3	$18
👩‍⚕️ Doctor's visit	$55	$92.8
💇 Haircut, simple	$13.5	$46
👖 Brand Jeans	$103	$144
👟 Brand Sneakers	$106	$194
👶 Daycare or Preschool, 1 month	$553	$352
🏫 International Primary School, 1 year	$11493	$30378

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Athens

Distance	City	Cost of living
3.6 km or 2.2 mi	Kallithea	$1291
4 km or 2.5 mi	Nea Smyrni	$1281
5 km or 3.1 mi	Peristeri	$1192
5.5 km or 3.4 mi	Palaio Faliro	$1386
6.5 km or 4 mi	Nea Filadelfeia	$1259
6.7 km or 4.2 mi	Nea Ionia	$1265
7.3 km or 4.5 mi	Piraeus	$1177
7.4 km or 4.6 mi	Nikaia	$1170
9.3 km or 5.8 mi	Argyroupoli	$1438
12 km or 7.2 mi	Glyfada	$1636
15 km or 9 mi	Kifissia	$1415
15 km or 9.1 mi	Voula	$1477
15 km or 9.4 mi	Aspropyrgos	$1041
16 km or 10 mi	Eleusis	$1127
20 km or 12 mi	Salamina	$1055
55 km or 34 mi	Chalcis	$1224
69 km or 43 mi	Corinth	$1026
129 km or 80 mi	Tripoli	$1143
151 km or 94 mi	Lamia	$930
154 km or 96 mi	Mykonos	$2056
168 km or 104 mi	Volos	$1101
176 km or 109 mi	Patras	$1111
178 km or 111 mi	Kalamata	$1162
214 km or 133 mi	Agrinio	$976
216 km or 134 mi	Chios	$1254
216 km or 134 mi	Larissa	$1149
219 km or 136 mi	Karditsa	$1112
231 km or 143 mi	Santorini	$1835
243 km or 151 mi	Trikala	$1092
275 km or 171 mi	Mytilene	$1067
275 km or 171 mi	Katerini	$1036
275 km or 171 mi	Chania	$1245
298 km or 185 mi	Rethymno	$1174
302 km or 188 mi	Thessaloniki	$1225
303 km or 188 mi	Izmir	$1046
307 km or 191 mi	Kozani	$1040
311 km or 193 mi	Ioannina	$1045
311 km or 193 mi	Kusadasi	$770
311 km or 193 mi	Veria	$973
315 km or 196 mi	Crete	$1303

Cities near Reykjavik

Distance	City	Cost of living
6.8 km or 4.2 mi	Kopavogur	$3175
9.8 km or 6.1 mi	Hafnarfjorur	$3148
38 km or 24 mi	Keflavik	$2596
247 km or 153 mi	Akureyri	$2990
795 km or 494 mi	Torshavn	$2077
1204 km or 748 mi	Inverness	$2021
1230 km or 764 mi	Elgin	$1507
1300 km or 808 mi	Derry	$1551
1309 km or 813 mi	Greenock	$1575
1321 km or 821 mi	Aberdeen	$1769
1325 km or 823 mi	Perth	$1641
1328 km or 825 mi	Stirling	$1711
1331 km or 827 mi	Paisley	$1837
1333 km or 828 mi	Alloa	$1762
1337 km or 831 mi	Glasgow	$2058
1339 km or 832 mi	Dundee	$1480
1340 km or 833 mi	Omagh	$1703
1341 km or 833 mi	Cumbernauld	$1619
1342 km or 834 mi	Irvine	$1630
1348 km or 838 mi	East Kilbride	$1840
1349 km or 838 mi	Kilmarnock	$1527
1351 km or 839 mi	Dunfermline	$1728
1353 km or 841 mi	Hamilton	$1797
1357 km or 843 mi	Ayr	$1522
1360 km or 845 mi	Kirkcaldy	$1768
1365 km or 848 mi	Livingston	$1775
1372 km or 852 mi	Edinburgh	$2310
1382 km or 859 mi	Newtownabbey	$1808
1387 km or 862 mi	Belfast	$1884
1390 km or 864 mi	Bangor	$1484
1391 km or 864 mi	Lisburn	$1879
1401 km or 871 mi	Alesund	$1797
1413 km or 878 mi	Galway	$2768
1425 km or 886 mi	Dundalk	$1955
1431 km or 889 mi	Dumfries	$1485
1433 km or 891 mi	Nuuk	$2217
1441 km or 895 mi	Molde	$1986
1454 km or 903 mi	Kristiansund	$1887
1455 km or 904 mi	Drogheda	$2902
1455 km or 904 mi	Bergen	$2242