Lahore vs Reykjavik - Cost of Living Comparison

Updated: March 02, 2025

	Lahore	Reykjavik
🚶 Cost of living one person	$411	$2938
👨‍👩‍👧‍👦 Cost of living Family	$1052	$5875
🏠 One person rent	$163	$1801
🏘️ Family rent	$338	$2674
🍽️ Food expenses	$142	$827
🚐 Transport expenses	$57.1	$90.1
💳 Monthly salary after tax	$179	$3761
😷 Air quality	Unhealthy	Excellent
✈️ Airport proximity	6 km	4 km
🎓 Higher education	69	53
😀 Quality of life	46	89
🏙️ Population	11.1M	140K

The cost of living in Lahore is 86% less expensive than in Reykjavik. Cities ranked 8934th and 200th ($411 vs $2938) in the list of the most expensive cities in the world and ranked 4th and 1st in Pakistan and Iceland, respectively. Check Pakistan vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 0.4 months in Lahore compared to 1.3 months in Reykjavik. Lahore ranked 3rd best city to live in Pakistan vs Reykjavik ranked 1st in Iceland, while ranked 6486th and 194th among best cities to live in the world.

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Cost of living in Lahore vs Reykjavik infographic

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Prices in Lahore vs Reykjavik

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

	Lahore	Reykjavik
Eating Out
🍱 Lunch Menu	$2.06	$21.5
🥂 Dinner in a Restaurant, for 2	$16	$137
🥪 Fast food meal, equiv. McDonald's	$4.31	$17.9
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$2.84	$10.8
☕ Cappuccino	$2.09	$5.37
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$0.35	$3.09
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$102	$1839
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$65.8	$1650
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$289	$2869
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$187	$2456
🔌 Utility Bill one person, electricity, heating, water, etc.	$74.1	$42.1
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$115	$64.6
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$15.9	$71.4
🏦 Mortgage Interest Rate for 20 Years	19.71%	9.41%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$626	$6649
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$587	$5599
Transportation
🚌 Local transport ticket	$0.18	$4.52
🎟️ Monthly ticket local transport	$5.75	$75.8
🚕 Taxi Ride, 8 km or 5 mi	$4.76	$26.4
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.95	$2.23
Groceries
🥛 Milk, 1 L or 1 qt	$0.88	$1.66
🍞 Bread, 0.5 kg or 1.1 lb	$0.65	$3.74
🍚 Rice, 1 kg or 2.2 lb	$1.18	$3.24
🥚 Eggs, x12	$1.2	$5.94
🧀 Cheese, 1 kg or 2.2 lb	$5.92	$15.8
🐔 Chicken Breast, 1 kg or 2.2 lb	$2.6	$20.9
🥩 Round Steak, 1 kg or 2.2 lb	$3.91	$37
🍏 Apples, 1 kg or 2.2 lb	$1	$2.94
🍌 Banana, 1 kg or 2.2 lb	$0.59	$2.25
🍊 Oranges, 1 kg or 2.2 lb	$0.62	$2.73
🍅 Tomato, 1 kg or 2.2 lb	$0.53	$4.73
🥔 Potato, 1 kg or 2.2 lb	$0.35	$3.26
🧅 Onion, 1 kg or 2.2 lb	$0.57	$2.11
🌊 Water, 1 L or 1 qt	$0.25	$1.36
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$0.73	$2.69
🍾 Wine (mid-priced), 750 mL bottle	$0.7	$21.6
🍺 Beer, 0.5 L or 16 fl oz	$0.55	$3.26
🚬 Cigarette pack	$1.97	$12.3
💊 Cold medicince, 1 week	$2.04	$10.4
🧴 Hair Shampoo	$2.27	$5.23
🧻 Toilet paper, 4 rolls	$1.01	$4.55
👄 Toothpaste, 1 tube	$0.84	$3.2
Other
🏋️ Gym Membership, 1 month	$13	$73.2
🎫 Cinema Ticket, 1 person	$5.36	$15.9
👩‍⚕️ Doctor's visit	$13	$82.2
💇 Haircut, simple	$3.47	$45.6
👖 Brand Jeans	$15	$128
👟 Brand Sneakers	$71.3	$162
👶 Daycare or Preschool, 1 month	$37.1	$279
🏫 International Primary School, 1 year	$1172	$2532

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Lahore

Distance	City	Cost of living
37 km or 23 mi	Sheikhupura	$374
49 km or 30 mi	Amritsar	$383
49 km or 30 mi	Kamoke	$321
68 km or 43 mi	Gujranwala	$308
85 km or 53 mi	Hafizabad	$380
107 km or 67 mi	Sialkot	$281
117 km or 72 mi	Gujrat	$373
118 km or 73 mi	Okara	$300
120 km or 74 mi	Jalandhar	$358
120 km or 75 mi	Sahiwal	$305
121 km or 75 mi	Faisalabad	$306
130 km or 81 mi	Chiniot	$389
140 km or 87 mi	Mandi Bahauddin	$355
140 km or 87 mi	Jammu	$287
147 km or 91 mi	Pathankot	$355
160 km or 99 mi	Ludhiana	$441
164 km or 102 mi	Gojra	$342
169 km or 105 mi	Sargodha	$458
185 km or 115 mi	Mirpur	$354
195 km or 121 mi	Jhang	$292
222 km or 138 mi	Burewala	$356
244 km or 152 mi	Patiala	$365
250 km or 155 mi	Chandigarh	$369
257 km or 160 mi	Rawalpindi	$401
268 km or 167 mi	Islamabad	$442
269 km or 167 mi	Khanewal	$361
273 km or 170 mi	Shimla	$272
286 km or 178 mi	Srinagar	$354
294 km or 183 mi	Wah	$382
295 km or 183 mi	Baramulla	$273
299 km or 186 mi	Hisar	$251
317 km or 197 mi	Multan	$392
351 km or 218 mi	Bahawalpur	$342
352 km or 219 mi	Bhiwani	$321
353 km or 219 mi	Saharanpur	$283
354 km or 220 mi	Kohat	$379
364 km or 226 mi	Rohtak	$265
366 km or 227 mi	Mardan	$366
377 km or 234 mi	Dehradun	$372
381 km or 237 mi	Peshawar	$346

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