Cologne vs Reykjavik - Cost of Living Comparison

Updated:

Livingcost

Cologne Reykjavik
🚶 Cost of living one person
$1968
$3268
👨‍👩‍👧‍👦 Cost of living Family
$4619
$6787
🏠 One person rent
$1091
$2025
🏘️ Family rent
$1830
$3029
🍽️ Food expenses
$536
$894
🚐 Transport expenses
$196
$101
💳 Monthly salary after tax
$3266
$4361
😷 Air quality
Excellent
Excellent
✈️ Airport proximity
15 km
4 km
🎓 Higher education
91
52
😀 Quality of life
96
91
🏙️ Population
1.09M
140K

The cost of living in Cologne is 40% less expensive than in Reykjavik. Cities ranked 2104th and 88th ($1968 vs $3268) in the list of the most expensive cities in the world and ranked 11th and 1st in Germany and Iceland, respectively. Check Germany vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 1.7 months in Cologne compared to 1.3 months in Reykjavik. Cologne ranked 1st best city to live in Germany vs Reykjavik ranked 1st in Iceland, while ranked 23rd and 191st 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
$15.4
$27.9
🥂 Dinner in a Restaurant, for 2
$71.5
$79.5
🥪 Fast food meal, equiv. McDonald's
$11.3
$20.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$5.26
$13
☕ Cappuccino
$4.06
$6.12
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.38
$3.33
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1103
$2075
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$870
$1851
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1997
$3279
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1478
$2774
🔌 Utility Bill one person, electricity, heating, water, etc.
$133
$45.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$206
$70.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$41.8
$84
🏦 Mortgage Interest Rate for 20 Years
3.8%
9.56%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$6855
$8015
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$5848
$6578
Transportation
🚌 Local transport ticket
$3.93
$5.36
🎟️ Monthly ticket local transport
$67.6
$88.4
🚕 Taxi Ride, 8 km or 5 mi
$24
$28.3
⛽ Gas / Petrol, 1 L or 0.26 gal
$2.03
$2.55
Groceries
🥛 Milk, 1 L or 1 qt
$1.38
$2.04
🍞 Bread, 0.5 kg or 1.1 lb
$2.03
$4.43
🍚 Rice, 1 kg or 2.2 lb
$2.87
$3.55
🥚 Eggs, x12
$4.16
$6.58
🧀 Cheese, 1 kg or 2.2 lb
$14.7
$19.1
🐔 Chicken Breast, 1 kg or 2.2 lb
$12.6
$25
🥩 Round Steak, 1 kg or 2.2 lb
$23.3
$41.5
🍏 Apples, 1 kg or 2.2 lb
$3.25
$3.59
🍌 Banana, 1 kg or 2.2 lb
$2.05
$2.58
🍊 Oranges, 1 kg or 2.2 lb
$2.17
$3.35
🍅 Tomato, 1 kg or 2.2 lb
$4.63
$5.57
🥔 Potato, 1 kg or 2.2 lb
$1.73
$3.7
🧅 Onion, 1 kg or 2.2 lb
$1.22
$2.56
🌊 Water, 1 L or 1 qt
$0.77
$1.27
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.45
$3.04
🍾 Wine (mid-priced), 750 mL bottle
$7.3
$25.5
🍺 Beer, 0.5 L or 16 fl oz
$1.14
$3.79
🚬 Cigarette pack
$9.05
$13.6
💊 Cold medicince, 1 week
$8.07
$12.9
🧴 Hair Shampoo
$2.45
$5.86
🧻 Toilet paper, 4 rolls
$1.93
$5.2
👄 Toothpaste, 1 tube
$1.67
$3.63
Other
🏋️ Gym Membership, 1 month
$40.3
$88.2
🎫 Cinema Ticket, 1 person
$13.3
$18
👩‍⚕️ Doctor's visit
$54.3
$92.8
💇 Haircut, simple
$20.9
$46
👖 Brand Jeans
$98
$144
👟 Brand Sneakers
$109
$194
👶 Daycare or Preschool, 1 month
$773
$352
🏫 International Primary School, 1 year
$19386
$30378

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
$1759
10 km or 6.4 mi Leverkusen
$2037
10 km or 6.4 mi Frechen
$1745
13 km or 7.9 mi Bruhl
$1744
13 km or 7.9 mi Pulheim
$1741
14 km or 8.4 mi Wesseling
$1740
14 km or 8.5 mi Bergisch Gladbach
$1726
15 km or 9.3 mi Niederkassel
$1750
16 km or 10 mi Rosrath
$1699
18 km or 11 mi Monheim am Rhein
$1740
19 km or 12 mi Dormagen
$1711
19 km or 12 mi Erftstadt
$1702
19 km or 12 mi Langenfeld
$1727
20 km or 12 mi Troisdorf
$1736
20 km or 12 mi Leichlingen
$1708
20 km or 12 mi Kerpen
$1695
21 km or 13 mi Bornheim
$1770
21 km or 13 mi Lohmar
$1694
22 km or 14 mi Bergheim
$1678
23 km or 15 mi Siegburg
$1716
24 km or 15 mi Overath
$1642
25 km or 16 mi Sankt Augustin
$1747
25 km or 16 mi Bonn
$1957
26 km or 16 mi Hilden
$1674
26 km or 16 mi Solingen
$1691
27 km or 17 mi Elsdorf
$1654
28 km or 17 mi Wermelskirchen
$1630
28 km or 17 mi Haan
$1645
28 km or 18 mi Bedburg
$1650
29 km or 18 mi Hennef
$1666
31 km or 19 mi Grevenbroich
$1659
31 km or 19 mi Remscheid
$1608
31 km or 20 mi Erkrath
$1661
33 km or 20 mi Konigswinter
$1611
34 km or 21 mi Euskirchen
$1674
34 km or 21 mi Neuss
$1650
34 km or 21 mi Mettmann
$1613
35 km or 21 mi Zulpich
$1662
35 km or 21 mi Meckenheim
$1689
35 km or 22 mi Dusseldorf
$1979

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