Daegu vs Reykjavik - Cost of Living Comparison

Updated:

Livingcost

Daegu Reykjavik
🚶 Cost of living one person
$1114
$2915
👨‍👩‍👧‍👦 Cost of living Family
$3393
$5968
🏠 One person rent
$385
$1781
🏘️ Family rent
$1036
$2749
🍽️ Food expenses
$470
$832
🚐 Transport expenses
$144
$88.7
💳 Monthly salary after tax
$2274
$3918
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
6 km
4 km
🎓 Higher education
73
53
😀 Quality of life
70
89
🏙️ Population
2.38M
140K

The cost of living in Daegu is 62% less expensive than in Reykjavik. Cities ranked 4879th and 204th ($1114 vs $2915) in the list of the most expensive cities in the world and ranked 14th and 1st in South Korea and Iceland, respectively. Check South Korea vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 2 months in Daegu compared to 1.3 months in Reykjavik. Daegu ranked 31st best city to live in South Korea vs Reykjavik ranked 1st in Iceland, while ranked 2608th and 189th among best cities to live in the world.

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the estimated difference in money purchasing power

Cost of living in Daegu vs Reykjavik infographic

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Prices in Daegu vs Reykjavik

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

Daegu Reykjavik
Eating Out
🍱 Lunch Menu
$7.02
$22
🥂 Dinner in a Restaurant, for 2
$31.6
$125
🥪 Fast food meal, equiv. McDonald's
$6.08
$18.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.95
$11.1
 Cappuccino
$3.42
$5.35
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.36
$3.27
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$372
$1809
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$244
$1626
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1150
$2822
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$797
$2552
🔌 Utility Bill one person, electricity, heating, water, etc.
$99.3
$44.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$152
$68.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$16.3
$74.1
🏦 Mortgage Interest Rate for 20 Years
5.06%
8.55%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$7325
$6498
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$9964
$5311
Transportation
🚌 Local transport ticket
$1.1
$4.63
🎟️ Monthly ticket local transport
$63.7
$77.2
🚕 Taxi Ride, 8 km or 5 mi
$9.88
$24.8
 Gas / Petrol, 1 L or 0.26 gal
$1.2
$2.29
Groceries
🥛 Milk, 1 L or 1 qt
$2.29
$1.72
🍞 Bread, 0.5 kg or 1.1 lb
$4.37
$3.66
🍚 Rice, 1 kg or 2.2 lb
$2.83
$3.25
🥚 Eggs, x12
$2.89
$5.9
🧀 Cheese, 1 kg or 2.2 lb
$14
$16
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.75
$21.4
🥩 Round Steak, 1 kg or 2.2 lb
$24.1
$37.6
🍏 Apples, 1 kg or 2.2 lb
$7.43
$3.07
🍌 Banana, 1 kg or 2.2 lb
$4.53
$2.29
🍊 Oranges, 1 kg or 2.2 lb
$5.02
$2.72
🍅 Tomato, 1 kg or 2.2 lb
$5.74
$4.99
🥔 Potato, 1 kg or 2.2 lb
$3.57
$3.21
🧅 Onion, 1 kg or 2.2 lb
$3.95
$2.16
🌊 Water, 1 L or 1 qt
$0.83
$1.37
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.57
$2.74
🍾 Wine (mid-priced), 750 mL bottle
$15.8
$22
🍺 Beer, 0.5 L or 16 fl oz
$2.44
$3.27
🚬 Cigarette pack
$3.29
$12.2
💊 Cold medicince, 1 week
$3.9
$11.6
🧴 Hair Shampoo
$4.63
$5.36
🧻 Toilet paper, 4 rolls
$2.56
$4.68
👄 Toothpaste, 1 tube
$1.58
$3.32
Other
🏋️ Gym Membership, 1 month
$48.2
$71.8
🎫 Cinema Ticket, 1 person
$9.89
$15.1
👩‍⚕️ Doctor's visit
$62.5
$84.7
💇 Haircut, simple
$8.01
$47.4
👖 Brand Jeans
$60.3
$112
👟 Brand Sneakers
$91.6
$155
👶 Daycare or Preschool, 1 month
$534
$254
🏫 International Primary School, 1 year
$27898
$6167

Cost of living in other countries

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Cost of Living in the nearest cities

Cities near Daegu

Distance City Cost of living
13 km or 8.2 mi Gyeongsan
$1022
33 km or 20 mi Yeongcheon
$941
44 km or 27 mi Miryang
$992
44 km or 27 mi Gumi
$977
52 km or 32 mi Gimcheon
$995
56 km or 35 mi Gyeongju
$1341
66 km or 41 mi Changwon
$1083
71 km or 44 mi Yangsan
$973
71 km or 44 mi Pohang
$1000
73 km or 45 mi Sangju
$981
74 km or 46 mi Sacheon
$1008
74 km or 46 mi Ulsan
$1099
75 km or 46 mi Gimhae
$901
76 km or 47 mi Masan
$1002
79 km or 49 mi Andong
$871
88 km or 55 mi Jinju
$1146
88 km or 55 mi Mungyeong
$992
94 km or 58 mi Busan
$1122
106 km or 66 mi Yeongju
$978
113 km or 70 mi Geoje
$893
115 km or 71 mi Tongyeong
$931
121 km or 75 mi Namwon
$1005
122 km or 76 mi Daejeon
$975
130 km or 81 mi Gyeryong
$999
131 km or 81 mi Jeonju
$915
131 km or 82 mi Gwangyang
$999
131 km or 82 mi Cheongju
$997
137 km or 85 mi Chungju
$1098
137 km or 85 mi Sejong
$1043
141 km or 88 mi Nonsan
$1084
143 km or 89 mi Suncheon
$1027
145 km or 90 mi Jecheon
$1111
148 km or 92 mi Gongju
$1098
148 km or 92 mi Iksan
$980
149 km or 93 mi Taebaek
$999
150 km or 93 mi Yeosu
$981
154 km or 96 mi Gimje
$968
160 km or 100 mi Asan
$1066
161 km or 100 mi Jeongeup
$1000
167 km or 103 mi Cheonan
$1222

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