Crete vs Reykjavik - Cost of Living Comparison

Updated: March 11, 2026

	Crete	Reykjavik
🚶 Cost of living one person	$1360	$3322
👨‍👩‍👧‍👦 Cost of living Family	$3211	$6846
🏠 One person rent	$647	$2058
🏘️ Family rent	$1121	$3020
🍽️ Food expenses	$474	$916
🚐 Transport expenses	$123	$102
💳 Monthly salary after tax	$1212	$4546
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	26 km	4 km
🎓 Higher education	32	52
😀 Quality of life	64	89
🏙️ Population	623K	139K

The cost of living in Crete is 59% less expensive than in Reykjavik. Cities ranked 4439th and 86th ($1360 vs $3322) 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 5413th and 268th among best cities to live in the world.

Salary adjustment calculator
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	$15.4	$28.6
🥂 Dinner in a Restaurant, for 2	$57.5	$90.8
🥪 Fast food meal, equiv. McDonald's	$10.6	$20.3
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$5.7	$12.6
☕ Cappuccino	$4	$6.19
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.31	$3.25
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$614	$2151
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$459	$1861
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1110	$3373
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$845	$2721
🔌 Utility Bill one person, electricity, heating, water, etc.	$120	$51.6
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$186	$81.7
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$37	$87.2
🏦 Mortgage Interest Rate for 20 Years	4.43%	8.79%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$4150	$7832
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$3071	$6385
Transportation
🚌 Local transport ticket	$1.68	$5.51
🎟️ Monthly ticket local transport	$65.9	$87.9
🚕 Taxi Ride, 8 km or 5 mi	$14.8	$29.5
⛽ Gas / Petrol, 1 L or 0.26 gal	$2.13	$2.49
Groceries
🥛 Milk, 1 L or 1 qt	$1.8	$1.98
🍞 Bread, 0.5 kg or 1.1 lb	$1.56	$4.44
🍚 Rice, 1 kg or 2.2 lb	$2.87	$3.58
🥚 Eggs, x12	$5.04	$6.83
🧀 Cheese, 1 kg or 2.2 lb	$16.6	$19.7
🐔 Chicken Breast, 1 kg or 2.2 lb	$11.1	$26
🥩 Round Steak, 1 kg or 2.2 lb	$15.5	$44.9
🍏 Apples, 1 kg or 2.2 lb	$2.44	$3.55
🍌 Banana, 1 kg or 2.2 lb	$2.27	$2.67
🍊 Oranges, 1 kg or 2.2 lb	$1.42	$3.41
🍅 Tomato, 1 kg or 2.2 lb	$2.14	$5.8
🥔 Potato, 1 kg or 2.2 lb	$1.3	$3.52
🧅 Onion, 1 kg or 2.2 lb	$1.47	$2.2
🌊 Water, 1 L or 1 qt	$0.47	$1.27
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.41	$3.01
🍾 Wine (mid-priced), 750 mL bottle	$8.01	$24.2
🍺 Beer, 0.5 L or 16 fl oz	$2.11	$3.95
🚬 Cigarette pack	$5.41	$14
💊 Cold medicince, 1 week	$5.83	$12.7
🧴 Hair Shampoo	$4.37	$5.93
🧻 Toilet paper, 4 rolls	$2.44	$5.26
👄 Toothpaste, 1 tube	$3.32	$3.63
Other
🏋️ Gym Membership, 1 month	$54.1	$95.3
🎫 Cinema Ticket, 1 person	$9.35	$18.6
👩‍⚕️ Doctor's visit	$39.5	$93.8
💇 Haircut, simple	$11.2	$46.1
👖 Brand Jeans	$94.3	$144
👟 Brand Sneakers	$89.4	$176
👶 Daycare or Preschool, 1 month	$440	$408
🏫 International Primary School, 1 year	$5304	$30361

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	$1329
39 km or 24 mi	Rethymno	$1207
83 km or 51 mi	Chania	$1320
132 km or 82 mi	Santorini	$1900
241 km or 150 mi	Mykonos	$2084
298 km or 185 mi	Bodrum	$937
300 km or 187 mi	Voula	$1497
303 km or 189 mi	Glyfada	$1663
306 km or 190 mi	Argyroupoli	$1468
310 km or 193 mi	Palaio Faliro	$1410
311 km or 193 mi	Nea Smyrni	$1304
312 km or 194 mi	Kallithea	$1318
313 km or 195 mi	Piraeus	$1240
314 km or 195 mi	Kalamata	$1169
315 km or 196 mi	Athens	$1462
316 km or 196 mi	Nikaia	$1187
317 km or 197 mi	Salamina	$1069
320 km or 199 mi	Nea Ionia	$1286
320 km or 199 mi	Peristeri	$1192
320 km or 199 mi	Nea Filadelfeia	$1279
323 km or 201 mi	Kifissia	$1426
324 km or 202 mi	Rhodes	$1322
327 km or 203 mi	Eleusis	$1139
328 km or 204 mi	Aspropyrgos	$1046
332 km or 207 mi	Tripoli	$1165
340 km or 211 mi	Corinth	$1031
349 km or 217 mi	Marmaris	$893
351 km or 218 mi	Derna	$359
353 km or 220 mi	Kusadasi	$822
358 km or 223 mi	Chios	$1272
369 km or 229 mi	Chalcis	$1199
369 km or 229 mi	Tobruk	$360
377 km or 234 mi	Mugla	$803
386 km or 240 mi	Aydin	$627
399 km or 248 mi	Izmir	$1040
399 km or 248 mi	Tire	$724
407 km or 253 mi	Fethiye	$897
421 km or 262 mi	Nazilli	$680
431 km or 268 mi	Patras	$1104
432 km or 269 mi	Manisa	$767

Cities near Reykjavik

Distance	City	Cost of living
6.8 km or 4.2 mi	Kopavogur	$3219
9.8 km or 6.1 mi	Hafnarfjorur	$3212
38 km or 24 mi	Keflavik	$2621
247 km or 153 mi	Akureyri	$2974
795 km or 494 mi	Torshavn	$2066
1204 km or 748 mi	Inverness	$2053
1230 km or 764 mi	Elgin	$1540
1300 km or 808 mi	Derry	$1620
1309 km or 813 mi	Greenock	$1645
1321 km or 821 mi	Aberdeen	$1848
1325 km or 823 mi	Perth	$1656
1328 km or 825 mi	Stirling	$1852
1331 km or 827 mi	Paisley	$1906
1333 km or 828 mi	Alloa	$1862
1337 km or 831 mi	Glasgow	$2121
1339 km or 832 mi	Dundee	$1585
1340 km or 833 mi	Omagh	$1769
1341 km or 833 mi	Cumbernauld	$1652
1342 km or 834 mi	Irvine	$1707
1348 km or 838 mi	East Kilbride	$1902
1349 km or 838 mi	Kilmarnock	$1568
1351 km or 839 mi	Dunfermline	$1782
1353 km or 841 mi	Hamilton	$1854
1357 km or 843 mi	Ayr	$1588
1360 km or 845 mi	Kirkcaldy	$1821
1365 km or 848 mi	Livingston	$1784
1372 km or 852 mi	Edinburgh	$2331
1382 km or 859 mi	Newtownabbey	$1892
1387 km or 862 mi	Belfast	$1954
1390 km or 864 mi	Bangor	$1496
1391 km or 864 mi	Lisburn	$1945
1401 km or 871 mi	Alesund	$1980
1413 km or 878 mi	Galway	$2978
1425 km or 886 mi	Dundalk	$2179
1431 km or 889 mi	Dumfries	$1490
1433 km or 891 mi	Nuuk	$2363
1441 km or 895 mi	Molde	$2135
1454 km or 903 mi	Kristiansund	$1984
1455 km or 904 mi	Drogheda	$2627
1455 km or 904 mi	Bergen	$2409