Helsinki vs Reykjavik - Cost of Living Comparison

Updated:

Livingcost

Helsinki Reykjavik
🚶 Cost of living one person
$1825
$2723
👨‍👩‍👧‍👦 Cost of living Family
$4263
$5671
🏠 One person rent
$937
$1643
🏘️ Family rent
$1639
$2600
🍽️ Food expenses
$569
$800
🚐 Transport expenses
$154
$86.1
💳 Monthly salary after tax
$3086
$3682
😷 Air quality
Excellent
Excellent
✈️ Airport proximity
16 km
4 km
🎓 Higher education
78
53
😀 Quality of life
95
89
🏙️ Population
665K
140K

The cost of living in Helsinki is 33% less expensive than in Reykjavik. Cities ranked 2273rd and 344th ($1825 vs $2723) in the list of the most expensive cities in the world and ranked 2nd and 1st in Finland and Iceland, respectively. Check Finland vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 1.7 months in Helsinki compared to 1.4 months in Reykjavik. Helsinki ranked 1st best city to live in Finland vs Reykjavik ranked 1st in Iceland, while ranked 26th and 152nd among best cities to live in the world.

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Cost of living in Helsinki vs Reykjavik infographic

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Prices in Helsinki vs Reykjavik

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

Helsinki Reykjavik
Eating Out
🍱 Lunch Menu
$14.3
$21.6
🥂 Dinner in a Restaurant, for 2
$79.9
$125
🥪 Fast food meal, equiv. McDonald's
$11
$16.9
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$8.43
$10.9
 Cappuccino
$5.08
$5.05
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.86
$2.94
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$985
$1659
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$814
$1492
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1810
$2694
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1440
$2395
🔌 Utility Bill one person, electricity, heating, water, etc.
$68.6
$52.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$105
$80.5
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$20
$64.8
🏦 Mortgage Interest Rate for 20 Years
3.35%
8.07%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$7893
$6252
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$4642
$4951
Transportation
🚌 Local transport ticket
$3.32
$4.13
🎟️ Monthly ticket local transport
$74.2
$66.6
🚕 Taxi Ride, 8 km or 5 mi
$19.3
$26.3
 Gas / Petrol, 1 L or 0.26 gal
$2.14
$2.28
Groceries
🥛 Milk, 1 L or 1 qt
$1.4
$1.65
🍞 Bread, 0.5 kg or 1.1 lb
$2.75
$3.71
🍚 Rice, 1 kg or 2.2 lb
$2.48
$3.27
🥚 Eggs, x12
$3.26
$6.03
🧀 Cheese, 1 kg or 2.2 lb
$8.95
$15.4
🐔 Chicken Breast, 1 kg or 2.2 lb
$12.6
$19.8
🥩 Round Steak, 1 kg or 2.2 lb
$22.2
$31
🍏 Apples, 1 kg or 2.2 lb
$2.53
$3.2
🍌 Banana, 1 kg or 2.2 lb
$1.82
$2.12
🍊 Oranges, 1 kg or 2.2 lb
$2.46
$2.81
🍅 Tomato, 1 kg or 2.2 lb
$4.03
$4.84
🥔 Potato, 1 kg or 2.2 lb
$1.3
$3.07
🧅 Onion, 1 kg or 2.2 lb
$1.96
$2.14
🌊 Water, 1 L or 1 qt
$1.26
$1.44
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$3.29
$2.53
🍾 Wine (mid-priced), 750 mL bottle
$16.4
$20
🍺 Beer, 0.5 L or 16 fl oz
$2.92
$3.08
🚬 Cigarette pack
$10.8
$11.8
💊 Cold medicince, 1 week
$10.4
$11.6
🧴 Hair Shampoo
$3.57
$5.21
🧻 Toilet paper, 4 rolls
$1.76
$4.67
👄 Toothpaste, 1 tube
$1.97
$3.24
Other
🏋️ Gym Membership, 1 month
$45.3
$63.3
🎫 Cinema Ticket, 1 person
$18.1
$14.5
👩‍⚕️ Doctor's visit
$91.8
$83
💇 Haircut, simple
$20.8
$37.2
👖 Brand Jeans
$90.7
$105
👟 Brand Sneakers
$85
$142
👶 Daycare or Preschool, 1 month
$343
$239
🏫 International Primary School, 1 year
$9506
$6072

Cost of living in other countries

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Cost of Living in the nearest cities

Cities near Helsinki

Distance City Cost of living
15 km or 9.2 mi Vantaa
$1736
16 km or 9.7 mi Espoo
$1907
26 km or 16 mi Tuusula
$1498
27 km or 17 mi Kerava
$1491
29 km or 18 mi Kirkkonummi
$1519
33 km or 21 mi Nurmijarvi
$1499
34 km or 21 mi Jarvenpaa
$1632
47 km or 29 mi Porvoo
$1277
49 km or 30 mi Lohja
$1257
51 km or 32 mi Hyvinkaa
$1291
63 km or 39 mi Riihimaki
$1464
78 km or 48 mi Maardu
$1194
83 km or 51 mi Tallinn
$1335
86 km or 53 mi Raseborg
$1438
96 km or 59 mi Hameenlinna
$1317
98 km or 61 mi Lahti
$1396
102 km or 63 mi Salo
$1336
115 km or 72 mi Kotka
$1349
122 km or 76 mi Rakvere
$920
124 km or 77 mi Kouvola
$1376
131 km or 81 mi Valkeakoski
$1570
132 km or 82 mi Hamina
$1366
143 km or 89 mi Kaarina
$1483
150 km or 93 mi Turku
$1532
156 km or 97 mi Raisio
$1480
157 km or 98 mi Kohtla-Jarve
$933
160 km or 100 mi Tampere
$1521
164 km or 102 mi Nokia
$1462
169 km or 105 mi Ylojarvi
$1465
170 km or 106 mi Sastamala
$1410
181 km or 113 mi Sillamae
$906
188 km or 117 mi Jamsa
$1414
201 km or 125 mi Parnu
$982
203 km or 126 mi Lappeenranta
$1358
203 km or 126 mi Narva
$814
205 km or 127 mi Viljandi
$909
210 km or 131 mi Mikkeli
$1330
214 km or 133 mi Rauma
$1265
224 km or 139 mi Pori
$1262
224 km or 139 mi Tartu
$1163

Cities near Reykjavik

Distance City Cost of living
6.8 km or 4.2 mi Kopavogur
$2304
9.8 km or 6.1 mi Hafnarfjorur
$2460
38 km or 24 mi Keflavik
$2023
247 km or 153 mi Akureyri
$2011
795 km or 494 mi Torshavn
$1952
1204 km or 748 mi Inverness
$1629
1230 km or 764 mi Elgin
$1554
1300 km or 808 mi Derry
$1662
1309 km or 813 mi Greenock
$1524
1321 km or 821 mi Aberdeen
$1681
1325 km or 823 mi Perth
$1537
1328 km or 825 mi Stirling
$1659
1331 km or 827 mi Paisley
$1734
1333 km or 828 mi Alloa
$1670
1337 km or 831 mi Glasgow
$1884
1339 km or 832 mi Dundee
$1527
1340 km or 833 mi Omagh
$1642
1341 km or 833 mi Cumbernauld
$1803
1342 km or 834 mi Irvine
$1514
1348 km or 838 mi East Kilbride
$1748
1349 km or 838 mi Kilmarnock
$1399
1351 km or 839 mi Dunfermline
$1693
1353 km or 841 mi Hamilton
$1731
1357 km or 843 mi Ayr
$1520
1360 km or 845 mi Kirkcaldy
$1800
1365 km or 848 mi Livingston
$1651
1372 km or 852 mi Edinburgh
$2043
1382 km or 859 mi Newtownabbey
$1666
1387 km or 862 mi Belfast
$1741
1390 km or 864 mi Bangor
$1305
1391 km or 864 mi Lisburn
$1643
1401 km or 871 mi Alesund
$1539
1413 km or 878 mi Galway
$2244
1425 km or 886 mi Dundalk
$1869
1431 km or 889 mi Dumfries
$1723
1433 km or 891 mi Nuuk
$2175
1441 km or 895 mi Molde
$1928
1454 km or 903 mi Kristiansund
$1632
1455 km or 904 mi Drogheda
$2391
1455 km or 904 mi Bergen
$1991