Cologne vs Reykjavik - Cost of Living Comparison

Updated:

Livingcost

Cologne Reykjavik
🚶 Cost of living one person
$1851
$2915
👨‍👩‍👧‍👦 Cost of living Family
$4479
$5968
🏠 One person rent
$1019
$1781
🏘️ Family rent
$1819
$2749
🍽️ Food expenses
$510
$832
🚐 Transport expenses
$184
$88.7
💳 Monthly salary after tax
$3275
$3918
😷 Air quality
Excellent
Excellent
✈️ Airport proximity
15 km
4 km
🎓 Higher education
92
53
😀 Quality of life
97
89
🏙️ Population
1.08M
140K

The cost of living in Cologne is 36% less expensive than in Reykjavik. Cities ranked 2308th and 204th ($1851 vs $2915) in the list of the most expensive cities in the world and ranked 19th and 1st in Germany and Iceland, respectively. Check Germany vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 1.8 months in Cologne compared to 1.3 months in Reykjavik. Cologne ranked 2nd best city to live in Germany vs Reykjavik ranked 1st in Iceland, while ranked 16th and 189th among best cities to live in the world.

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Cost of living in Cologne vs Reykjavik infographic

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Prices in Cologne vs Reykjavik

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

Cologne Reykjavik
Eating Out
🍱 Lunch Menu
$14
$22
🥂 Dinner in a Restaurant, for 2
$61.8
$125
🥪 Fast food meal, equiv. McDonald's
$10.8
$18.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.71
$11.1
☕ Cappuccino
$3.81
$5.35
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.9
$3.27
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1023
$1809
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$801
$1626
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2061
$2822
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1459
$2552
🔌 Utility Bill one person, electricity, heating, water, etc.
$129
$44.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$195
$68.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$44
$74.1
🏦 Mortgage Interest Rate for 20 Years
4%
8.55%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$6540
$6498
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$5856
$5311
Transportation
🚌 Local transport ticket
$3.56
$4.63
🎟️ Monthly ticket local transport
$59.6
$77.2
🚕 Taxi Ride, 8 km or 5 mi
$23.2
$24.8
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.98
$2.29
Groceries
🥛 Milk, 1 L or 1 qt
$1.32
$1.72
🍞 Bread, 0.5 kg or 1.1 lb
$1.91
$3.66
🍚 Rice, 1 kg or 2.2 lb
$2.85
$3.25
🥚 Eggs, x12
$4.09
$5.9
🧀 Cheese, 1 kg or 2.2 lb
$14
$16
🐔 Chicken Breast, 1 kg or 2.2 lb
$13.9
$21.4
🥩 Round Steak, 1 kg or 2.2 lb
$19.7
$37.6
🍏 Apples, 1 kg or 2.2 lb
$2.84
$3.07
🍌 Banana, 1 kg or 2.2 lb
$1.61
$2.29
🍊 Oranges, 1 kg or 2.2 lb
$2.21
$2.72
🍅 Tomato, 1 kg or 2.2 lb
$4.81
$4.99
🥔 Potato, 1 kg or 2.2 lb
$1.74
$3.21
🧅 Onion, 1 kg or 2.2 lb
$1.71
$2.16
🌊 Water, 1 L or 1 qt
$0.57
$1.37
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.34
$2.74
🍾 Wine (mid-priced), 750 mL bottle
$6.37
$22
🍺 Beer, 0.5 L or 16 fl oz
$1.07
$3.27
🚬 Cigarette pack
$8.82
$12.2
💊 Cold medicince, 1 week
$8.07
$11.6
🧴 Hair Shampoo
$2.35
$5.36
🧻 Toilet paper, 4 rolls
$1.86
$4.68
👄 Toothpaste, 1 tube
$1.6
$3.32
Other
🏋️ Gym Membership, 1 month
$32
$71.8
🎫 Cinema Ticket, 1 person
$12.7
$15.1
👩‍⚕️ Doctor's visit
$51.7
$84.7
💇 Haircut, simple
$19.9
$47.4
👖 Brand Jeans
$103
$112
👟 Brand Sneakers
$102
$155
👶 Daycare or Preschool, 1 month
$822
$254
🏫 International Primary School, 1 year
$16860
$6167

Cost of living in other countries

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Cost of Living in the nearest cities

Cities near Cologne

Distance City Cost of living
9.2 km or 5.7 mi Hurth
$1610
10 km or 6.4 mi Leverkusen
$1947
10 km or 6.4 mi Frechen
$1636
13 km or 7.9 mi Bruhl
$1529
13 km or 7.9 mi Pulheim
$1638
14 km or 8.4 mi Wesseling
$1576
14 km or 8.5 mi Bergisch Gladbach
$1557
15 km or 9.3 mi Niederkassel
$1593
16 km or 10 mi Rosrath
$1577
18 km or 11 mi Monheim am Rhein
$1647
19 km or 12 mi Dormagen
$1620
19 km or 12 mi Erftstadt
$1563
19 km or 12 mi Langenfeld
$1634
20 km or 12 mi Troisdorf
$1586
20 km or 12 mi Leichlingen
$1612
20 km or 12 mi Kerpen
$1580
21 km or 13 mi Bornheim
$1606
21 km or 13 mi Lohmar
$1566
22 km or 14 mi Bergheim
$1582
23 km or 15 mi Siegburg
$1572
24 km or 15 mi Overath
$1530
25 km or 16 mi Sankt Augustin
$1594
25 km or 16 mi Bonn
$1765
26 km or 16 mi Hilden
$1578
26 km or 16 mi Solingen
$1652
27 km or 17 mi Elsdorf
$1564
28 km or 17 mi Wermelskirchen
$1493
28 km or 17 mi Haan
$1558
28 km or 18 mi Bedburg
$1569
29 km or 18 mi Hennef
$1531
31 km or 19 mi Grevenbroich
$1567
31 km or 19 mi Remscheid
$1415
31 km or 20 mi Erkrath
$1571
33 km or 20 mi Konigswinter
$1453
34 km or 21 mi Euskirchen
$1550
34 km or 21 mi Neuss
$1566
34 km or 21 mi Mettmann
$1527
35 km or 21 mi Zulpich
$1548
35 km or 21 mi Meckenheim
$1542
35 km or 22 mi Dusseldorf
$1861

Cities near Reykjavik

Distance City Cost of living
6.8 km or 4.2 mi Kopavogur
$2371
9.8 km or 6.1 mi Hafnarfjorur
$2602
38 km or 24 mi Keflavik
$2091
247 km or 153 mi Akureyri
$2300
795 km or 494 mi Torshavn
$1913
1204 km or 748 mi Inverness
$1830
1230 km or 764 mi Elgin
$1459
1300 km or 808 mi Derry
$1491
1309 km or 813 mi Greenock
$1599
1321 km or 821 mi Aberdeen
$1701
1325 km or 823 mi Perth
$1647
1328 km or 825 mi Stirling
$1625
1331 km or 827 mi Paisley
$1793
1333 km or 828 mi Alloa
$1710
1337 km or 831 mi Glasgow
$2013
1339 km or 832 mi Dundee
$1545
1340 km or 833 mi Omagh
$1650
1341 km or 833 mi Cumbernauld
$1767
1342 km or 834 mi Irvine
$1573
1348 km or 838 mi East Kilbride
$1818
1349 km or 838 mi Kilmarnock
$1470
1351 km or 839 mi Dunfermline
$1724
1353 km or 841 mi Hamilton
$1793
1357 km or 843 mi Ayr
$1420
1360 km or 845 mi Kirkcaldy
$1704
1365 km or 848 mi Livingston
$1744
1372 km or 852 mi Edinburgh
$2246
1382 km or 859 mi Newtownabbey
$1767
1387 km or 862 mi Belfast
$1830
1390 km or 864 mi Bangor
$1467
1391 km or 864 mi Lisburn
$1805
1401 km or 871 mi Alesund
$1657
1413 km or 878 mi Galway
$2427
1425 km or 886 mi Dundalk
$1930
1431 km or 889 mi Dumfries
$1390
1433 km or 891 mi Nuuk
$2125
1441 km or 895 mi Molde
$1969
1454 km or 903 mi Kristiansund
$1752
1455 km or 904 mi Drogheda
$2492
1455 km or 904 mi Bergen
$2161