Copenhagen vs Reykjavik - Cost of Living Comparison

Updated:

Livingcost

Copenhagen Reykjavik
🚶 Cost of living one person
$2333
$2938
👨‍👩‍👧‍👦 Cost of living Family
$5412
$5875
🏠 One person rent
$1326
$1801
🏘️ Family rent
$2372
$2674
🍽️ Food expenses
$629
$827
🚐 Transport expenses
$192
$90.1
💳 Monthly salary after tax
$4139
$3761
😷 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 21% less expensive than in Reykjavik. Cities ranked 1085th and 200th ($2333 vs $2938) in the list of the most expensive cities in the world and ranked 2nd and 1st in Denmark and Iceland, respectively. Check Denmark vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 1.8 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 10th and 194th among best cities to live in the world.

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Cost of living in Copenhagen vs Reykjavik infographic

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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
$18.8
$21.5
🥂 Dinner in a Restaurant, for 2
$102
$137
🥪 Fast food meal, equiv. McDonald's
$13.6
$17.9
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$8.26
$10.8
 Cappuccino
$6.08
$5.37
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.68
$3.09
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1534
$1839
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1083
$1650
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2847
$2869
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1988
$2456
🔌 Utility Bill one person, electricity, heating, water, etc.
$114
$42.1
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$174
$64.6
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$38.8
$71.4
🏦 Mortgage Interest Rate for 20 Years
4.22%
9.41%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$7935
$6649
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$5513
$5599
Transportation
🚌 Local transport ticket
$3.39
$4.52
🎟️ Monthly ticket local transport
$100
$75.8
🚕 Taxi Ride, 8 km or 5 mi
$26.2
$26.4
 Gas / Petrol, 1 L or 0.26 gal
$2.02
$2.23
Groceries
🥛 Milk, 1 L or 1 qt
$1.94
$1.66
🍞 Bread, 0.5 kg or 1.1 lb
$3.3
$3.74
🍚 Rice, 1 kg or 2.2 lb
$2.67
$3.24
🥚 Eggs, x12
$5.31
$5.94
🧀 Cheese, 1 kg or 2.2 lb
$13.3
$15.8
🐔 Chicken Breast, 1 kg or 2.2 lb
$11.2
$20.9
🥩 Round Steak, 1 kg or 2.2 lb
$14
$37
🍏 Apples, 1 kg or 2.2 lb
$2.93
$2.94
🍌 Banana, 1 kg or 2.2 lb
$2.97
$2.25
🍊 Oranges, 1 kg or 2.2 lb
$3.32
$2.73
🍅 Tomato, 1 kg or 2.2 lb
$4.91
$4.73
🥔 Potato, 1 kg or 2.2 lb
$2.03
$3.26
🧅 Onion, 1 kg or 2.2 lb
$1.97
$2.11
🌊 Water, 1 L or 1 qt
$0.94
$1.36
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.65
$2.69
🍾 Wine (mid-priced), 750 mL bottle
$10.5
$21.6
🍺 Beer, 0.5 L or 16 fl oz
$1.66
$3.26
🚬 Cigarette pack
$9.02
$12.3
💊 Cold medicince, 1 week
$9.36
$10.4
🧴 Hair Shampoo
$4.04
$5.23
🧻 Toilet paper, 4 rolls
$3.38
$4.55
👄 Toothpaste, 1 tube
$1.98
$3.2
Other
🏋️ Gym Membership, 1 month
$42.6
$73.2
🎫 Cinema Ticket, 1 person
$18.3
$15.9
👩‍⚕️ Doctor's visit
$62.8
$82.2
💇 Haircut, simple
$38.6
$45.6
👖 Brand Jeans
$115
$128
👟 Brand Sneakers
$120
$162
👶 Daycare or Preschool, 1 month
$530
$279
🏫 International Primary School, 1 year
$14686
$2532

Cost of living in other countries

CopenhagenReykjavik

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
$2364
8.5 km or 5.3 mi Gentofte
$2134
23 km or 14 mi Horsholm
$1952
28 km or 17 mi Landskrona
$1140
30 km or 19 mi Malmo
$1585
31 km or 19 mi Roskilde
$1722
33 km or 21 mi Hillerod
$1983
40 km or 25 mi Lund
$1474
40 km or 25 mi Staffanstorp
$1447
40 km or 25 mi Helsingor
$1800
42 km or 26 mi Helsingborg
$1297
51 km or 32 mi Trelleborg
$1426
66 km or 41 mi Angelholm
$1310
71 km or 44 mi Naestved
$1799
92 km or 57 mi Hassleholm
$1298
104 km or 65 mi Kristianstad
$1218
111 km or 69 mi Halmstad
$1208
141 km or 88 mi Odense
$1816
141 km or 88 mi Svendborg
$1607
154 km or 96 mi Ljungby
$1333
156 km or 97 mi Aarhus
$1828
156 km or 97 mi Stralsund
$1401
159 km or 99 mi Varberg
$1284
171 km or 106 mi Horsens
$1585
177 km or 110 mi Fredericia
$1506
179 km or 111 mi Rostock
$1336
179 km or 111 mi Randers
$1505
185 km or 115 mi Greifswald
$1396
190 km or 118 mi Varnamo
$1424
190 km or 118 mi Vejle
$1637
193 km or 120 mi Vaxjo
$1331
196 km or 122 mi Sonderborg
$1416
196 km or 122 mi Kolding
$1315
196 km or 122 mi Silkeborg
$1680
199 km or 124 mi Karlskrona
$1280
199 km or 124 mi Haderslev
$1442
211 km or 131 mi Wismar
$1307
211 km or 131 mi Gustrow
$1347
215 km or 133 mi Viborg
$1508
216 km or 134 mi Kiel
$1452

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