Crete vs Reykjavik - Cost of Living Comparison

Updated: March 02, 2025

	Crete	Reykjavik
🚶 Cost of living one person	$1150	$2938
👨‍👩‍👧‍👦 Cost of living Family	$2795	$5875
🏠 One person rent	$530	$1801
🏘️ Family rent	$978	$2674
🍽️ Food expenses	$414	$827
🚐 Transport expenses	$103	$90.1
💳 Monthly salary after tax	$997	$3761
😷 Air quality	Moderate	Excellent
✈️ Airport proximity	26 km	4 km
🎓 Higher education	32	53
😀 Quality of life	56	89
🏙️ Population	623K	140K

The cost of living in Crete is 61% less expensive than in Reykjavik. Cities ranked 4640th and 200th ($1150 vs $2938) in the list of the most expensive cities in the world and ranked 11th 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 1.3 months in Reykjavik. Crete ranked 28th best city to live in Greece vs Reykjavik ranked 1st in Iceland, while ranked 5717th and 194th among best cities to live in the world.

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Cost of living in Crete vs Reykjavik infographic

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<img src="https://livingcost.org/assets/photo/cost/crete/reykjavik.jpg" alt="Cost of living in Crete vs Reykjavik infographic" style="max-width: 100%; height: auto;"><p>Source: <a href="https://livingcost.org/cost/crete/reykjavik" target="_blank">Crete vs Reykjavik - Cost of Living Comparison</a></p>

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	$12.8	$21.5
🥂 Dinner in a Restaurant, for 2	$48.7	$137
🥪 Fast food meal, equiv. McDonald's	$9.64	$17.9
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$5.04	$10.8
☕ Cappuccino	$3.64	$5.37
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.86	$3.09
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$476	$1839
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$361	$1650
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$873	$2869
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$743	$2456
🔌 Utility Bill one person, electricity, heating, water, etc.	$114	$42.1
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$176	$64.6
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$32.6	$71.4
🏦 Mortgage Interest Rate for 20 Years	4.44%	9.41%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$3570	$6649
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$2751	$5599
Transportation
🚌 Local transport ticket	$1.45	$4.52
🎟️ Monthly ticket local transport	$53.7	$75.8
🚕 Taxi Ride, 8 km or 5 mi	$11.9	$26.4
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.95	$2.23
Groceries
🥛 Milk, 1 L or 1 qt	$1.68	$1.66
🍞 Bread, 0.5 kg or 1.1 lb	$1.32	$3.74
🍚 Rice, 1 kg or 2.2 lb	$2.31	$3.24
🥚 Eggs, x12	$4.43	$5.94
🧀 Cheese, 1 kg or 2.2 lb	$14.3	$15.8
🐔 Chicken Breast, 1 kg or 2.2 lb	$9.59	$20.9
🥩 Round Steak, 1 kg or 2.2 lb	$13.5	$37
🍏 Apples, 1 kg or 2.2 lb	$2.13	$2.94
🍌 Banana, 1 kg or 2.2 lb	$1.89	$2.25
🍊 Oranges, 1 kg or 2.2 lb	$1.4	$2.73
🍅 Tomato, 1 kg or 2.2 lb	$2.06	$4.73
🥔 Potato, 1 kg or 2.2 lb	$1.13	$3.26
🧅 Onion, 1 kg or 2.2 lb	$1.51	$2.11
🌊 Water, 1 L or 1 qt	$0.41	$1.36
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.11	$2.69
🍾 Wine (mid-priced), 750 mL bottle	$7.6	$21.6
🍺 Beer, 0.5 L or 16 fl oz	$1.88	$3.26
🚬 Cigarette pack	$4.86	$12.3
💊 Cold medicince, 1 week	$5.09	$10.4
🧴 Hair Shampoo	$3.82	$5.23
🧻 Toilet paper, 4 rolls	$2.18	$4.55
👄 Toothpaste, 1 tube	$2.99	$3.2
Other
🏋️ Gym Membership, 1 month	$48.4	$73.2
🎫 Cinema Ticket, 1 person	$8.32	$15.9
👩‍⚕️ Doctor's visit	$34.7	$82.2
💇 Haircut, simple	$10.4	$45.6
👖 Brand Jeans	$85.6	$128
👟 Brand Sneakers	$77.5	$162
👶 Daycare or Preschool, 1 month	$386	$279
🏫 International Primary School, 1 year	$4629	$2532

Cost of living in other countries

Cost of living

$349

$907

$6.64K

Cost of Living in the nearest cities

Cities near Crete

Distance	City	Cost of living
22 km or 14 mi	Heraklion	$1093
39 km or 24 mi	Rethymno	$1052
83 km or 51 mi	Chania	$1131
132 km or 82 mi	Santorini	$1659
241 km or 150 mi	Mykonos	$1838
298 km or 185 mi	Bodrum	$1038
300 km or 187 mi	Voula	$1296
303 km or 189 mi	Glyfada	$1437
306 km or 190 mi	Argyroupoli	$1284
310 km or 193 mi	Palaio Faliro	$1258
311 km or 193 mi	Nea Smyrni	$1150
312 km or 194 mi	Kallithea	$1159
313 km or 195 mi	Piraeus	$1045
314 km or 195 mi	Kalamata	$1033
315 km or 196 mi	Athens	$1272
316 km or 196 mi	Nikaia	$1054
317 km or 197 mi	Salamina	$967
320 km or 199 mi	Nea Ionia	$1142
320 km or 199 mi	Peristeri	$1082
320 km or 199 mi	Nea Filadelfeia	$1131
323 km or 201 mi	Kifissia	$1265
324 km or 202 mi	Rhodes	$1070
327 km or 203 mi	Eleusis	$1022
328 km or 204 mi	Aspropyrgos	$957
332 km or 207 mi	Tripoli	$990
340 km or 211 mi	Corinth	$955
349 km or 217 mi	Marmaris	$1049
351 km or 218 mi	Derna	$380
353 km or 220 mi	Kusadasi	$764
358 km or 223 mi	Chios	$1099
369 km or 229 mi	Chalcis	$980
369 km or 229 mi	Tobruk	$381
377 km or 234 mi	Mugla	$773
386 km or 240 mi	Aydin	$655
399 km or 248 mi	Izmir	$909
399 km or 248 mi	Tire	$681
407 km or 253 mi	Fethiye	$843
421 km or 262 mi	Nazilli	$643
431 km or 268 mi	Patras	$1011
432 km or 269 mi	Manisa	$638

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