Crete vs Reykjavik - Cost of Living Comparison

Updated: June 21, 2026

	Crete	Reykjavik
🚶 Cost of living one person	$1324	$3205
👨‍👩‍👧‍👦 Cost of living Family	$3122	$6762
🏠 One person rent	$635	$1954
🏘️ Family rent	$1098	$2956
🍽️ Food expenses	$461	$904
🚐 Transport expenses	$119	$100
💳 Monthly salary after tax	$1169	$4423
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	26 km	4 km
🎓 Higher education	32	53
😀 Quality of life	64	88
🏙️ Population	623K	139K

The cost of living in Crete is 59% less expensive than in Reykjavik. Cities ranked 4482nd and 119th ($1324 vs $3205) in the list of the most expensive cities in the world and ranked 9th and 1st in Greece and Iceland, respectively. Check Greece vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 0.9 months in Crete compared to 1.4 months in Reykjavik. Crete ranked 24th best city to live in Greece vs Reykjavik ranked 1st in Iceland, while ranked 5386th and 258th among best cities to live in the world.

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the estimated difference in money purchasing power

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Prices in Crete vs Reykjavik

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

	Crete	Reykjavik
Eating Out
🍱 Lunch Menu	$15.1	$28.3
🥂 Dinner in a Restaurant, for 2	$57.8	$97.9
🥪 Fast food meal, equiv. McDonald's	$9.72	$20
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$5.33	$13.4
☕ Cappuccino	$4.08	$6.5
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.31	$3.26
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$601	$2129
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$449	$1743
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1093	$3328
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$824	$2660
🔌 Utility Bill one person, electricity, heating, water, etc.	$119	$52.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$183	$80.3
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$36.6	$82
🏦 Mortgage Interest Rate for 20 Years	4.45%	8.69%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$3975	$7748
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$2858	$6175
Transportation
🚌 Local transport ticket	$1.65	$5.38
🎟️ Monthly ticket local transport	$62	$90.3
🚕 Taxi Ride, 8 km or 5 mi	$14.3	$28.9
⛽ Gas / Petrol, 1 L or 0.26 gal	$2.12	$2.12
Groceries
🥛 Milk, 1 L or 1 qt	$1.81	$2.04
🍞 Bread, 0.5 kg or 1.1 lb	$1.48	$4.21
🍚 Rice, 1 kg or 2.2 lb	$2.8	$3.46
🥚 Eggs, x12	$4.71	$6.99
🧀 Cheese, 1 kg or 2.2 lb	$15.6	$20.2
🐔 Chicken Breast, 1 kg or 2.2 lb	$10.7	$24.8
🥩 Round Steak, 1 kg or 2.2 lb	$15.3	$44.1
🍏 Apples, 1 kg or 2.2 lb	$2.38	$3.41
🍌 Banana, 1 kg or 2.2 lb	$2.19	$2.66
🍊 Oranges, 1 kg or 2.2 lb	$1.39	$3.17
🍅 Tomato, 1 kg or 2.2 lb	$2.12	$5.99
🥔 Potato, 1 kg or 2.2 lb	$1.22	$3.65
🧅 Onion, 1 kg or 2.2 lb	$1.38	$1.89
🌊 Water, 1 L or 1 qt	$0.49	$1.16
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.32	$3
🍾 Wine (mid-priced), 750 mL bottle	$8	$23.2
🍺 Beer, 0.5 L or 16 fl oz	$2.07	$3.72
🚬 Cigarette pack	$5.11	$13.5
💊 Cold medicince, 1 week	$5.81	$11.6
🧴 Hair Shampoo	$4.22	$5.76
🧻 Toilet paper, 4 rolls	$2.41	$5.18
👄 Toothpaste, 1 tube	$3.22	$3.63
Other
🏋️ Gym Membership, 1 month	$53.4	$90.3
🎫 Cinema Ticket, 1 person	$9.21	$19.2
👩‍⚕️ Doctor's visit	$38.5	$92.8
💇 Haircut, simple	$11.2	$47.2
👖 Brand Jeans	$85.2	$146
👟 Brand Sneakers	$82	$178
👶 Daycare or Preschool, 1 month	$433	$472
🏫 International Primary School, 1 year	$5223	$30029

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Crete

Distance	City	Cost of living
22 km or 14 mi	Heraklion	$1291
39 km or 24 mi	Rethymno	$1166
83 km or 51 mi	Chania	$1302
132 km or 82 mi	Santorini	$1863
241 km or 150 mi	Mykonos	$2043
298 km or 185 mi	Bodrum	$953
300 km or 187 mi	Voula	$1472
303 km or 189 mi	Glyfada	$1636
306 km or 190 mi	Argyroupoli	$1439
310 km or 193 mi	Palaio Faliro	$1386
311 km or 193 mi	Nea Smyrni	$1298
312 km or 194 mi	Kallithea	$1307
313 km or 195 mi	Piraeus	$1228
314 km or 195 mi	Kalamata	$1146
315 km or 196 mi	Athens	$1439
316 km or 196 mi	Nikaia	$1182
317 km or 197 mi	Salamina	$1037
320 km or 199 mi	Nea Ionia	$1264
320 km or 199 mi	Peristeri	$1160
320 km or 199 mi	Nea Filadelfeia	$1253
323 km or 201 mi	Kifissia	$1403
324 km or 202 mi	Rhodes	$1311
327 km or 203 mi	Eleusis	$1123
328 km or 204 mi	Aspropyrgos	$1024
332 km or 207 mi	Tripoli	$1143
340 km or 211 mi	Corinth	$1008
349 km or 217 mi	Marmaris	$875
351 km or 218 mi	Derna	$358
353 km or 220 mi	Kusadasi	$883
358 km or 223 mi	Chios	$1253
369 km or 229 mi	Chalcis	$1179
369 km or 229 mi	Tobruk	$360
377 km or 234 mi	Mugla	$811
386 km or 240 mi	Aydin	$617
399 km or 248 mi	Izmir	$1038
399 km or 248 mi	Tire	$719
407 km or 253 mi	Fethiye	$933
421 km or 262 mi	Nazilli	$682
431 km or 268 mi	Patras	$1109
432 km or 269 mi	Manisa	$743

Cities near Reykjavik

Distance	City	Cost of living
6.8 km or 4.2 mi	Kopavogur	$3092
9.8 km or 6.1 mi	Hafnarfjorur	$3106
38 km or 24 mi	Keflavik	$2581
247 km or 153 mi	Akureyri	$2921
795 km or 494 mi	Torshavn	$2017
1204 km or 748 mi	Inverness	$2005
1230 km or 764 mi	Elgin	$1523
1300 km or 808 mi	Derry	$1646
1309 km or 813 mi	Greenock	$1647
1321 km or 821 mi	Aberdeen	$1806
1325 km or 823 mi	Perth	$1640
1328 km or 825 mi	Stirling	$1835
1331 km or 827 mi	Paisley	$1885
1333 km or 828 mi	Alloa	$1842
1337 km or 831 mi	Glasgow	$2114
1339 km or 832 mi	Dundee	$1593
1340 km or 833 mi	Omagh	$1763
1341 km or 833 mi	Cumbernauld	$1611
1342 km or 834 mi	Irvine	$1704
1348 km or 838 mi	East Kilbride	$1878
1349 km or 838 mi	Kilmarnock	$1600
1351 km or 839 mi	Dunfermline	$1750
1353 km or 841 mi	Hamilton	$1831
1357 km or 843 mi	Ayr	$1586
1360 km or 845 mi	Kirkcaldy	$1794
1365 km or 848 mi	Livingston	$1760
1372 km or 852 mi	Edinburgh	$2295
1382 km or 859 mi	Newtownabbey	$1820
1387 km or 862 mi	Belfast	$1878
1390 km or 864 mi	Bangor	$1485
1391 km or 864 mi	Lisburn	$1923
1401 km or 871 mi	Alesund	$2021
1413 km or 878 mi	Galway	$3003
1425 km or 886 mi	Dundalk	$2264
1431 km or 889 mi	Dumfries	$1456
1433 km or 891 mi	Nuuk	$2508
1441 km or 895 mi	Molde	$2101
1454 km or 903 mi	Kristiansund	$1944
1455 km or 904 mi	Drogheda	$2518
1455 km or 904 mi	Bergen	$2336