Athens vs Reykjavik - Cost of Living Comparison

Updated: March 02, 2025

	Athens	Reykjavik
🚶 Cost of living one person	$1272	$2938
👨‍👩‍👧‍👦 Cost of living Family	$3097	$5875
🏠 One person rent	$616	$1801
🏘️ Family rent	$1082	$2674
🍽️ Food expenses	$450	$827
🚐 Transport expenses	$88.4	$90.1
💳 Monthly salary after tax	$1094	$3761
😷 Air quality	Moderate	Excellent
✈️ Airport proximity	17 km	4 km
🎓 Higher education	90	53
😀 Quality of life	78	89
🏙️ Population	643K	140K

The cost of living in Athens is 57% less expensive than in Reykjavik. Cities ranked 4281st and 200th ($1272 vs $2938) 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 0.9 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 656th and 194th 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	$15.1	$21.5
🥂 Dinner in a Restaurant, for 2	$56.4	$137
🥪 Fast food meal, equiv. McDonald's	$9.33	$17.9
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$5.4	$10.8
☕ Cappuccino	$4.11	$5.37
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.19	$3.09
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$583	$1839
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$455	$1650
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1040	$2869
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$850	$2456
🔌 Utility Bill one person, electricity, heating, water, etc.	$107	$42.1
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$165	$64.6
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$29.3	$71.4
🏦 Mortgage Interest Rate for 20 Years	4.85%	9.41%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$3265	$6649
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$3075	$5599
Transportation
🚌 Local transport ticket	$1.25	$4.52
🎟️ Monthly ticket local transport	$31	$75.8
🚕 Taxi Ride, 8 km or 5 mi	$12.7	$26.4
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.9	$2.23
Groceries
🥛 Milk, 1 L or 1 qt	$1.71	$1.66
🍞 Bread, 0.5 kg or 1.1 lb	$1.27	$3.74
🍚 Rice, 1 kg or 2.2 lb	$2.2	$3.24
🥚 Eggs, x12	$4.7	$5.94
🧀 Cheese, 1 kg or 2.2 lb	$13.8	$15.8
🐔 Chicken Breast, 1 kg or 2.2 lb	$10.1	$20.9
🥩 Round Steak, 1 kg or 2.2 lb	$13.3	$37
🍏 Apples, 1 kg or 2.2 lb	$2.12	$2.94
🍌 Banana, 1 kg or 2.2 lb	$1.91	$2.25
🍊 Oranges, 1 kg or 2.2 lb	$1.37	$2.73
🍅 Tomato, 1 kg or 2.2 lb	$2.12	$4.73
🥔 Potato, 1 kg or 2.2 lb	$1.29	$3.26
🧅 Onion, 1 kg or 2.2 lb	$0.99	$2.11
🌊 Water, 1 L or 1 qt	$0.58	$1.36
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.23	$2.69
🍾 Wine (mid-priced), 750 mL bottle	$11.3	$21.6
🍺 Beer, 0.5 L or 16 fl oz	$1.79	$3.26
🚬 Cigarette pack	$5.01	$12.3
💊 Cold medicince, 1 week	$6.94	$10.4
🧴 Hair Shampoo	$5.09	$5.23
🧻 Toilet paper, 4 rolls	$3.01	$4.55
👄 Toothpaste, 1 tube	$2.81	$3.2
Other
🏋️ Gym Membership, 1 month	$44.1	$73.2
🎫 Cinema Ticket, 1 person	$9.39	$15.9
👩‍⚕️ Doctor's visit	$49	$82.2
💇 Haircut, simple	$11.9	$45.6
👖 Brand Jeans	$86	$128
👟 Brand Sneakers	$94	$162
👶 Daycare or Preschool, 1 month	$456	$279
🏫 International Primary School, 1 year	$9915	$2532

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	$1159
4 km or 2.5 mi	Nea Smyrni	$1150
5 km or 3.1 mi	Peristeri	$1082
5.5 km or 3.4 mi	Palaio Faliro	$1258
6.5 km or 4 mi	Nea Filadelfeia	$1131
6.7 km or 4.2 mi	Nea Ionia	$1142
7.3 km or 4.5 mi	Piraeus	$1045
7.4 km or 4.6 mi	Nikaia	$1054
9.3 km or 5.8 mi	Argyroupoli	$1284
12 km or 7.2 mi	Glyfada	$1437
15 km or 9 mi	Kifissia	$1265
15 km or 9.1 mi	Voula	$1296
15 km or 9.4 mi	Aspropyrgos	$957
16 km or 10 mi	Eleusis	$1022
20 km or 12 mi	Salamina	$967
55 km or 34 mi	Chalcis	$980
69 km or 43 mi	Corinth	$955
129 km or 80 mi	Tripoli	$990
151 km or 94 mi	Lamia	$836
154 km or 96 mi	Mykonos	$1838
168 km or 104 mi	Volos	$981
176 km or 109 mi	Patras	$1011
178 km or 111 mi	Kalamata	$1033
214 km or 133 mi	Agrinio	$900
216 km or 134 mi	Chios	$1099
216 km or 134 mi	Larissa	$1030
219 km or 136 mi	Karditsa	$1012
231 km or 143 mi	Santorini	$1659
243 km or 151 mi	Trikala	$1015
275 km or 171 mi	Mytilene	$934
275 km or 171 mi	Katerini	$973
275 km or 171 mi	Chania	$1131
298 km or 185 mi	Rethymno	$1052
302 km or 188 mi	Thessaloniki	$1106
303 km or 188 mi	Izmir	$909
307 km or 191 mi	Kozani	$943
311 km or 193 mi	Ioannina	$930
311 km or 193 mi	Kusadasi	$764
311 km or 193 mi	Veria	$1027
315 km or 196 mi	Crete	$1150

Cities near Reykjavik

Distance	City	Cost of living
6.8 km or 4.2 mi	Kopavogur	$2802
9.8 km or 6.1 mi	Hafnarfjorur	$2817
38 km or 24 mi	Keflavik	$2355
247 km or 153 mi	Akureyri	$2678
795 km or 494 mi	Torshavn	$1828
1204 km or 748 mi	Inverness	$1722
1230 km or 764 mi	Elgin	$1393
1300 km or 808 mi	Derry	$1390
1309 km or 813 mi	Greenock	$1601
1321 km or 821 mi	Aberdeen	$1614
1325 km or 823 mi	Perth	$1500
1328 km or 825 mi	Stirling	$1604
1331 km or 827 mi	Paisley	$1765
1333 km or 828 mi	Alloa	$1649
1337 km or 831 mi	Glasgow	$2011
1339 km or 832 mi	Dundee	$1482
1340 km or 833 mi	Omagh	$1562
1341 km or 833 mi	Cumbernauld	$1475
1342 km or 834 mi	Irvine	$1551
1348 km or 838 mi	East Kilbride	$1763
1349 km or 838 mi	Kilmarnock	$1480
1351 km or 839 mi	Dunfermline	$1692
1353 km or 841 mi	Hamilton	$1699
1357 km or 843 mi	Ayr	$1404
1360 km or 845 mi	Kirkcaldy	$1610
1365 km or 848 mi	Livingston	$1608
1372 km or 852 mi	Edinburgh	$2140
1382 km or 859 mi	Newtownabbey	$1692
1387 km or 862 mi	Belfast	$1755
1390 km or 864 mi	Bangor	$1382
1391 km or 864 mi	Lisburn	$1713
1401 km or 871 mi	Alesund	$1603
1413 km or 878 mi	Galway	$2297
1425 km or 886 mi	Dundalk	$1767
1431 km or 889 mi	Dumfries	$1246
1433 km or 891 mi	Nuuk	$2031
1441 km or 895 mi	Molde	$1813
1454 km or 903 mi	Kristiansund	$1700
1455 km or 904 mi	Drogheda	$2628
1455 km or 904 mi	Bergen	$2006