Helsinki vs Reykjavik - Cost of Living Comparison

Updated:

Livingcost

Helsinki Reykjavik
🚶 Cost of living one person
$1936
$2915
👨‍👩‍👧‍👦 Cost of living Family
$4390
$5968
🏠 One person rent
$1009
$1781
🏘️ Family rent
$1646
$2749
🍽️ Food expenses
$602
$832
🚐 Transport expenses
$155
$88.7
💳 Monthly salary after tax
$3013
$3918
😷 Air quality
Excellent
Excellent
✈️ Airport proximity
16 km
4 km
🎓 Higher education
78
53
😀 Quality of life
95
89
🏙️ Population
676K
140K

The cost of living in Helsinki is 34% less expensive than in Reykjavik. Cities ranked 2046th and 204th ($1936 vs $2915) 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 1.6 months in Helsinki compared to 1.3 months in Reykjavik. Helsinki ranked 1st best city to live in Finland vs Reykjavik ranked 1st in Iceland, while ranked 37th and 189th 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
$15.5
$22
🥂 Dinner in a Restaurant, for 2
$84.5
$125
🥪 Fast food meal, equiv. McDonald's
$11.8
$18.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$9
$11.1
 Cappuccino
$5
$5.35
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.13
$3.27
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1052
$1809
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$873
$1626
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1924
$2822
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1400
$2552
🔌 Utility Bill one person, electricity, heating, water, etc.
$77.1
$44.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$119
$68.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$22.6
$74.1
🏦 Mortgage Interest Rate for 20 Years
3.86%
8.55%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$8423
$6498
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$5044
$5311
Transportation
🚌 Local transport ticket
$3.28
$4.63
🎟️ Monthly ticket local transport
$71.9
$77.2
🚕 Taxi Ride, 8 km or 5 mi
$20
$24.8
 Gas / Petrol, 1 L or 0.26 gal
$2.1
$2.29
Groceries
🥛 Milk, 1 L or 1 qt
$1.47
$1.72
🍞 Bread, 0.5 kg or 1.1 lb
$2.74
$3.66
🍚 Rice, 1 kg or 2.2 lb
$2.82
$3.25
🥚 Eggs, x12
$3.59
$5.9
🧀 Cheese, 1 kg or 2.2 lb
$9.03
$16
🐔 Chicken Breast, 1 kg or 2.2 lb
$13.9
$21.4
🥩 Round Steak, 1 kg or 2.2 lb
$23
$37.6
🍏 Apples, 1 kg or 2.2 lb
$2.52
$3.07
🍌 Banana, 1 kg or 2.2 lb
$1.95
$2.29
🍊 Oranges, 1 kg or 2.2 lb
$2.34
$2.72
🍅 Tomato, 1 kg or 2.2 lb
$3.94
$4.99
🥔 Potato, 1 kg or 2.2 lb
$1.32
$3.21
🧅 Onion, 1 kg or 2.2 lb
$1.91
$2.16
🌊 Water, 1 L or 1 qt
$1.37
$1.37
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.94
$2.74
🍾 Wine (mid-priced), 750 mL bottle
$16
$22
🍺 Beer, 0.5 L or 16 fl oz
$3.04
$3.27
🚬 Cigarette pack
$11.5
$12.2
💊 Cold medicince, 1 week
$11.6
$11.6
🧴 Hair Shampoo
$3.42
$5.36
🧻 Toilet paper, 4 rolls
$1.71
$4.68
👄 Toothpaste, 1 tube
$2.2
$3.32
Other
🏋️ Gym Membership, 1 month
$49.5
$71.8
🎫 Cinema Ticket, 1 person
$18.7
$15.1
👩‍⚕️ Doctor's visit
$84.6
$84.7
💇 Haircut, simple
$21.6
$47.4
👖 Brand Jeans
$97.8
$112
👟 Brand Sneakers
$97.8
$155
👶 Daycare or Preschool, 1 month
$353
$254
🏫 International Primary School, 1 year
$10871
$6167

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
$1782
16 km or 9.7 mi Espoo
$2023
26 km or 16 mi Tuusula
$1570
27 km or 17 mi Kerava
$1532
29 km or 18 mi Kirkkonummi
$1608
33 km or 21 mi Nurmijarvi
$1562
34 km or 21 mi Jarvenpaa
$1631
47 km or 29 mi Porvoo
$1453
49 km or 30 mi Lohja
$1363
51 km or 32 mi Hyvinkaa
$1360
63 km or 39 mi Riihimaki
$1534
78 km or 48 mi Maardu
$1278
83 km or 51 mi Tallinn
$1447
86 km or 53 mi Raseborg
$1525
96 km or 59 mi Hameenlinna
$1431
98 km or 61 mi Lahti
$1453
102 km or 63 mi Salo
$1571
115 km or 72 mi Kotka
$1416
122 km or 76 mi Rakvere
$973
124 km or 77 mi Kouvola
$1447
131 km or 81 mi Valkeakoski
$1584
132 km or 82 mi Hamina
$1439
143 km or 89 mi Kaarina
$1546
150 km or 93 mi Turku
$1591
156 km or 97 mi Raisio
$1544
157 km or 98 mi Kohtla-Jarve
$990
160 km or 100 mi Tampere
$1527
164 km or 102 mi Nokia
$1499
169 km or 105 mi Ylojarvi
$1496
170 km or 106 mi Sastamala
$1469
181 km or 113 mi Sillamae
$979
188 km or 117 mi Jamsa
$1467
201 km or 125 mi Parnu
$1102
203 km or 126 mi Lappeenranta
$1378
203 km or 126 mi Narva
$846
205 km or 127 mi Viljandi
$966
210 km or 131 mi Mikkeli
$1389
214 km or 133 mi Rauma
$1331
224 km or 139 mi Pori
$1325
224 km or 139 mi Tartu
$1120

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