Copenhagen vs Reykjavik - Cost of Living Comparison

Updated:

Livingcost

Copenhagen Reykjavik
🚶 Cost of living one person
$2483
$2915
👨‍👩‍👧‍👦 Cost of living Family
$5751
$5968
🏠 One person rent
$1424
$1781
🏘️ Family rent
$2573
$2749
🍽️ Food expenses
$670
$832
🚐 Transport expenses
$204
$88.7
💳 Monthly salary after tax
$4295
$3918
😷 Air quality
Excellent
Excellent
✈️ Airport proximity
8 km
4 km
🎓 Higher education
93
53
😀 Quality of life
97
89
🏙️ Population
644K
140K

The cost of living in Copenhagen is 15% less expensive than in Reykjavik. Cities ranked 795th and 204th ($2483 vs $2915) in the list of the most expensive cities in the world and ranked 1st and 1st in Denmark and Iceland, respectively. Check Denmark vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 1.7 months in Copenhagen compared to 1.3 months in Reykjavik. Copenhagen ranked 1st best city to live in Denmark vs Reykjavik ranked 1st in Iceland, while ranked 9th and 189th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Copenhagen vs Reykjavik infographic

Share this infographic!

Prices in Copenhagen vs Reykjavik

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

Copenhagen Reykjavik
Eating Out
🍱 Lunch Menu
$20.2
$22
🥂 Dinner in a Restaurant, for 2
$107
$125
🥪 Fast food meal, equiv. McDonald's
$14.9
$18.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$8.66
$11.1
 Cappuccino
$6.74
$5.35
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.88
$3.27
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1540
$1809
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1168
$1626
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$3033
$2822
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$2129
$2552
🔌 Utility Bill one person, electricity, heating, water, etc.
$144
$44.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$224
$68.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$38.4
$74.1
🏦 Mortgage Interest Rate for 20 Years
4.19%
8.55%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$8402
$6498
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$5773
$5311
Transportation
🚌 Local transport ticket
$3.61
$4.63
🎟️ Monthly ticket local transport
$105
$77.2
🚕 Taxi Ride, 8 km or 5 mi
$28.1
$24.8
 Gas / Petrol, 1 L or 0.26 gal
$2.14
$2.29
Groceries
🥛 Milk, 1 L or 1 qt
$2.09
$1.72
🍞 Bread, 0.5 kg or 1.1 lb
$3.42
$3.66
🍚 Rice, 1 kg or 2.2 lb
$2.75
$3.25
🥚 Eggs, x12
$5.16
$5.9
🧀 Cheese, 1 kg or 2.2 lb
$13.5
$16
🐔 Chicken Breast, 1 kg or 2.2 lb
$12.4
$21.4
🥩 Round Steak, 1 kg or 2.2 lb
$16.9
$37.6
🍏 Apples, 1 kg or 2.2 lb
$3.1
$3.07
🍌 Banana, 1 kg or 2.2 lb
$3.29
$2.29
🍊 Oranges, 1 kg or 2.2 lb
$3.47
$2.72
🍅 Tomato, 1 kg or 2.2 lb
$4.87
$4.99
🥔 Potato, 1 kg or 2.2 lb
$2.11
$3.21
🧅 Onion, 1 kg or 2.2 lb
$2.09
$2.16
🌊 Water, 1 L or 1 qt
$1.1
$1.37
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$3.01
$2.74
🍾 Wine (mid-priced), 750 mL bottle
$10.7
$22
🍺 Beer, 0.5 L or 16 fl oz
$1.93
$3.27
🚬 Cigarette pack
$9.52
$12.2
💊 Cold medicince, 1 week
$9.24
$11.6
🧴 Hair Shampoo
$4.34
$5.36
🧻 Toilet paper, 4 rolls
$2.61
$4.68
👄 Toothpaste, 1 tube
$2.03
$3.32
Other
🏋️ Gym Membership, 1 month
$42.2
$71.8
🎫 Cinema Ticket, 1 person
$19.6
$15.1
👩‍⚕️ Doctor's visit
$69.8
$84.7
💇 Haircut, simple
$28.8
$47.4
👖 Brand Jeans
$121
$112
👟 Brand Sneakers
$125
$155
👶 Daycare or Preschool, 1 month
$591
$254
🏫 International Primary School, 1 year
$13230
$6167

Cost of living in other countries

Cost of living

More cities to compare

Cost of Living in the nearest cities

Cities near Copenhagen

Distance City Cost of living
2 km or 1.3 mi Frederiksberg
$2378
8.5 km or 5.3 mi Gentofte
$2203
23 km or 14 mi Horsholm
$2006
28 km or 17 mi Landskrona
$1294
30 km or 19 mi Malmo
$1570
31 km or 19 mi Roskilde
$1867
33 km or 21 mi Hillerod
$2088
40 km or 25 mi Lund
$1459
40 km or 25 mi Staffanstorp
$1439
40 km or 25 mi Helsingor
$1713
42 km or 26 mi Helsingborg
$1306
51 km or 32 mi Trelleborg
$1436
66 km or 41 mi Angelholm
$1347
71 km or 44 mi Naestved
$1864
92 km or 57 mi Hassleholm
$1333
104 km or 65 mi Kristianstad
$1218
111 km or 69 mi Halmstad
$1341
141 km or 88 mi Odense
$2046
141 km or 88 mi Svendborg
$1688
154 km or 96 mi Ljungby
$1442
156 km or 97 mi Aarhus
$1966
156 km or 97 mi Stralsund
$1548
159 km or 99 mi Varberg
$1299
171 km or 106 mi Horsens
$1499
177 km or 110 mi Fredericia
$1608
179 km or 111 mi Rostock
$1532
179 km or 111 mi Randers
$1618
185 km or 115 mi Greifswald
$1578
190 km or 118 mi Varnamo
$1434
190 km or 118 mi Vejle
$1636
193 km or 120 mi Vaxjo
$1328
196 km or 122 mi Sonderborg
$1502
196 km or 122 mi Kolding
$1476
196 km or 122 mi Silkeborg
$1654
199 km or 124 mi Karlskrona
$1324
199 km or 124 mi Haderslev
$1536
211 km or 131 mi Wismar
$1364
211 km or 131 mi Gustrow
$1476
215 km or 133 mi Viborg
$1565
216 km or 134 mi Kiel
$1546

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