Malaga vs Reykjavik - Cost of Living Comparison

Updated: October 10, 2024

	Malaga	Reykjavik
🚶 Cost of living one person	$1519	$2915
👨‍👩‍👧‍👦 Cost of living Family	$3537	$5968
🏠 One person rent	$941	$1781
🏘️ Family rent	$1683	$2749
🍽️ Food expenses	$384	$832
🚐 Transport expenses	$85.1	$88.7
💳 Monthly salary after tax	$1781	$3918
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	9 km	4 km
🎓 Higher education	24	53
😀 Quality of life	78	89
🏙️ Population	586K	140K

The cost of living in Malaga is 48% less expensive than in Reykjavik. Cities ranked 3616th and 204th ($1519 vs $2915) in the list of the most expensive cities in the world and ranked 27th and 1st in Spain and Iceland, respectively. Check Spain vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 1.2 months in Malaga compared to 1.3 months in Reykjavik. Malaga ranked 18th best city to live in Spain vs Reykjavik ranked 1st in Iceland, while ranked 654th and 189th among best cities to live in the world.

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Cost of living in Malaga vs Reykjavik infographic

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

Prices in Malaga vs Reykjavik

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

	Malaga	Reykjavik
Eating Out
🍱 Lunch Menu	$13.2	$22
🥂 Dinner in a Restaurant, for 2	$55.4	$125
🥪 Fast food meal, equiv. McDonald's	$8.85	$18.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$3.1	$11.1
☕ Cappuccino	$2.03	$5.35
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.06	$3.27
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1055	$1809
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$761	$1626
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1968	$2822
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1402	$2552
🔌 Utility Bill one person, electricity, heating, water, etc.	$91.1	$44.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$138	$68.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$30.1	$74.1
🏦 Mortgage Interest Rate for 20 Years	3.57%	8.55%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$6321	$6498
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$2750	$5311
Transportation
🚌 Local transport ticket	$1.56	$4.63
🎟️ Monthly ticket local transport	$28.2	$77.2
🚕 Taxi Ride, 8 km or 5 mi	$13.4	$24.8
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.76	$2.29
Groceries
🥛 Milk, 1 L or 1 qt	$1.15	$1.72
🍞 Bread, 0.5 kg or 1.1 lb	$1.17	$3.66
🍚 Rice, 1 kg or 2.2 lb	$1.48	$3.25
🥚 Eggs, x12	$2.57	$5.9
🧀 Cheese, 1 kg or 2.2 lb	$12.7	$16
🐔 Chicken Breast, 1 kg or 2.2 lb	$6.94	$21.4
🥩 Round Steak, 1 kg or 2.2 lb	$11.6	$37.6
🍏 Apples, 1 kg or 2.2 lb	$2.12	$3.07
🍌 Banana, 1 kg or 2.2 lb	$1.85	$2.29
🍊 Oranges, 1 kg or 2.2 lb	$1.6	$2.72
🍅 Tomato, 1 kg or 2.2 lb	$2.19	$4.99
🥔 Potato, 1 kg or 2.2 lb	$1.63	$3.21
🧅 Onion, 1 kg or 2.2 lb	$1.7	$2.16
🌊 Water, 1 L or 1 qt	$0.54	$1.37
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.08	$2.74
🍾 Wine (mid-priced), 750 mL bottle	$5.25	$22
🍺 Beer, 0.5 L or 16 fl oz	$1.24	$3.27
🚬 Cigarette pack	$6.13	$12.2
💊 Cold medicince, 1 week	$5.91	$11.6
🧴 Hair Shampoo	$3.2	$5.36
🧻 Toilet paper, 4 rolls	$2.55	$4.68
👄 Toothpaste, 1 tube	$2.43	$3.32
Other
🏋️ Gym Membership, 1 month	$41.6	$71.8
🎫 Cinema Ticket, 1 person	$8.89	$15.1
👩‍⚕️ Doctor's visit	$49.5	$84.7
💇 Haircut, simple	$12.8	$47.4
👖 Brand Jeans	$61.4	$112
👟 Brand Sneakers	$92.5	$155
👶 Daycare or Preschool, 1 month	$401	$254
🏫 International Primary School, 1 year	$14939	$6167

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Malaga

Distance	City	Cost of living
18 km or 11 mi	Benalmadena	$1482
24 km or 15 mi	Mijas	$1432
27 km or 17 mi	Fuengirola	$1407
36 km or 22 mi	Antequera	$1272
48 km or 30 mi	Marbella	$2180
55 km or 34 mi	Loja	$1415
65 km or 40 mi	Almunecar	$993
67 km or 41 mi	Ronda	$1388
71 km or 44 mi	Estepona	$1430
80 km or 50 mi	Motril	$1146
89 km or 55 mi	Granada	$1288
94 km or 58 mi	Alcala la Real	$2079
104 km or 64 mi	La Linea de la Concepcion	$1214
105 km or 65 mi	Gibraltar City	$2431
109 km or 68 mi	Ecija	$1297
113 km or 70 mi	Los Barrios	$1097
114 km or 71 mi	Algeciras	$938
119 km or 74 mi	Martos	$1284
122 km or 76 mi	Ceuta	$1221
124 km or 77 mi	Arcos de la Frontera	$1229
125 km or 78 mi	Adra	$1108
130 km or 81 mi	Jaen	$1013
132 km or 82 mi	Tarifa	$1256
133 km or 83 mi	Cordoba	$1165
137 km or 85 mi	Carmona	$1290
143 km or 89 mi	El Ejido	$1025
148 km or 92 mi	Dos Hermanas	$1260
152 km or 94 mi	Jerez de la Frontera	$936
154 km or 96 mi	Tetouan	$535
158 km or 98 mi	Seville	$1358
158 km or 98 mi	Chiclana de la Frontera	$1341
162 km or 101 mi	Tangier	$710
169 km or 105 mi	Linares	$1316
169 km or 105 mi	Cadiz	$1454
171 km or 106 mi	Ubeda	$1461
174 km or 108 mi	Rota	$1446
176 km or 109 mi	Almeria	$1110
196 km or 122 mi	Almonte	$1196
207 km or 129 mi	Melilla	$855
218 km or 135 mi	Nador	$429

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