Cologne vs Reykjavik - Cost of Living Comparison

Updated:

Livingcost

Cologne Reykjavik
🚶 Cost of living one person
$1744
$2938
👨‍👩‍👧‍👦 Cost of living Family
$4212
$5875
🏠 One person rent
$947
$1801
🏘️ Family rent
$1673
$2674
🍽️ Food expenses
$491
$827
🚐 Transport expenses
$174
$90.1
💳 Monthly salary after tax
$3148
$3761
😷 Air quality
Excellent
Excellent
✈️ Airport proximity
15 km
4 km
🎓 Higher education
92
53
😀 Quality of life
96
89
🏙️ Population
1.09M
140K

The cost of living in Cologne is 41% less expensive than in Reykjavik. Cities ranked 2551st and 200th ($1744 vs $2938) in the list of the most expensive cities in the world and ranked 24th 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 12th and 194th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Cologne vs Reykjavik infographic

Share this infographic!

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
$13.1
$21.5
🥂 Dinner in a Restaurant, for 2
$61.3
$137
🥪 Fast food meal, equiv. McDonald's
$10.4
$17.9
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.67
$10.8
☕ Cappuccino
$3.64
$5.37
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.1
$3.09
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$963
$1839
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$743
$1650
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1902
$2869
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1332
$2456
🔌 Utility Bill one person, electricity, heating, water, etc.
$120
$42.1
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$186
$64.6
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$40.4
$71.4
🏦 Mortgage Interest Rate for 20 Years
4.01%
9.41%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$6163
$6649
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$5539
$5599
Transportation
🚌 Local transport ticket
$3.35
$4.52
🎟️ Monthly ticket local transport
$56.6
$75.8
🚕 Taxi Ride, 8 km or 5 mi
$22.1
$26.4
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.83
$2.23
Groceries
🥛 Milk, 1 L or 1 qt
$1.23
$1.66
🍞 Bread, 0.5 kg or 1.1 lb
$1.8
$3.74
🍚 Rice, 1 kg or 2.2 lb
$2.69
$3.24
🥚 Eggs, x12
$3.95
$5.94
🧀 Cheese, 1 kg or 2.2 lb
$13.5
$15.8
🐔 Chicken Breast, 1 kg or 2.2 lb
$13.2
$20.9
🥩 Round Steak, 1 kg or 2.2 lb
$20.1
$37
🍏 Apples, 1 kg or 2.2 lb
$2.71
$2.94
🍌 Banana, 1 kg or 2.2 lb
$1.55
$2.25
🍊 Oranges, 1 kg or 2.2 lb
$2.06
$2.73
🍅 Tomato, 1 kg or 2.2 lb
$4.26
$4.73
🥔 Potato, 1 kg or 2.2 lb
$1.64
$3.26
🧅 Onion, 1 kg or 2.2 lb
$1.64
$2.11
🌊 Water, 1 L or 1 qt
$0.64
$1.36
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.22
$2.69
🍾 Wine (mid-priced), 750 mL bottle
$6.56
$21.6
🍺 Beer, 0.5 L or 16 fl oz
$1.02
$3.26
🚬 Cigarette pack
$8.09
$12.3
💊 Cold medicince, 1 week
$8.17
$10.4
🧴 Hair Shampoo
$2.2
$5.23
🧻 Toilet paper, 4 rolls
$1.75
$4.55
👄 Toothpaste, 1 tube
$1.5
$3.2
Other
🏋️ Gym Membership, 1 month
$32.5
$73.2
🎫 Cinema Ticket, 1 person
$11.9
$15.9
👩‍⚕️ Doctor's visit
$49.2
$82.2
💇 Haircut, simple
$18.4
$45.6
👖 Brand Jeans
$94.7
$128
👟 Brand Sneakers
$103
$162
👶 Daycare or Preschool, 1 month
$773
$279
🏫 International Primary School, 1 year
$15595
$2532

Cost of living in other countries

Cost of living

More cities to compare

Cost of Living in the nearest cities

Cities near Cologne

Distance City Cost of living
9.2 km or 5.7 mi Hurth
$1578
10 km or 6.4 mi Leverkusen
$1822
10 km or 6.4 mi Frechen
$1569
13 km or 7.9 mi Bruhl
$1559
13 km or 7.9 mi Pulheim
$1572
14 km or 8.4 mi Wesseling
$1554
14 km or 8.5 mi Bergisch Gladbach
$1586
15 km or 9.3 mi Niederkassel
$1551
16 km or 10 mi Rosrath
$1536
18 km or 11 mi Monheim am Rhein
$1576
19 km or 12 mi Dormagen
$1561
19 km or 12 mi Erftstadt
$1534
19 km or 12 mi Langenfeld
$1577
20 km or 12 mi Troisdorf
$1544
20 km or 12 mi Leichlingen
$1559
20 km or 12 mi Kerpen
$1529
21 km or 13 mi Bornheim
$1554
21 km or 13 mi Lohmar
$1523
22 km or 14 mi Bergheim
$1518
23 km or 15 mi Siegburg
$1522
24 km or 15 mi Overath
$1497
25 km or 16 mi Sankt Augustin
$1542
25 km or 16 mi Bonn
$1677
26 km or 16 mi Hilden
$1522
26 km or 16 mi Solingen
$1580
27 km or 17 mi Elsdorf
$1502
28 km or 17 mi Wermelskirchen
$1497
28 km or 17 mi Haan
$1517
28 km or 18 mi Bedburg
$1504
29 km or 18 mi Hennef
$1494
31 km or 19 mi Grevenbroich
$1499
31 km or 19 mi Remscheid
$1494
31 km or 20 mi Erkrath
$1516
33 km or 20 mi Konigswinter
$1446
34 km or 21 mi Euskirchen
$1503
34 km or 21 mi Neuss
$1495
34 km or 21 mi Mettmann
$1479
35 km or 21 mi Zulpich
$1490
35 km or 21 mi Meckenheim
$1500
35 km or 22 mi Dusseldorf
$1772

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