Malaga vs Reykjavik - Cost of Living Comparison

Updated: March 11, 2026

	Malaga	Reykjavik
🚶 Cost of living one person	$1727	$3322
👨‍👩‍👧‍👦 Cost of living Family	$3948	$6846
🏠 One person rent	$1025	$2058
🏘️ Family rent	$1729	$3020
🍽️ Food expenses	$478	$916
🚐 Transport expenses	$98.2	$102
💳 Monthly salary after tax	$1786	$4546
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	9 km	4 km
🎓 Higher education	24	52
😀 Quality of life	79	89
🏙️ Population	599K	139K

The cost of living in Malaga is 48% less expensive than in Reykjavik. Cities ranked 3160th and 86th ($1727 vs $3322) in the list of the most expensive cities in the world and ranked 20th 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 months in Malaga compared to 1.4 months in Reykjavik. Malaga ranked 28th best city to live in Spain vs Reykjavik ranked 1st in Iceland, while ranked 802nd and 268th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

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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	$16.6	$28.6
🥂 Dinner in a Restaurant, for 2	$58.4	$90.8
🥪 Fast food meal, equiv. McDonald's	$11.3	$20.3
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$4.07	$12.6
☕ Cappuccino	$2.74	$6.19
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.62	$3.25
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1174	$2151
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$845	$1861
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2042	$3373
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1448	$2721
🔌 Utility Bill one person, electricity, heating, water, etc.	$87.9	$51.6
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$136	$81.7
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$26.1	$87.2
🏦 Mortgage Interest Rate for 20 Years	3.53%	8.79%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$5265	$7832
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$4533	$6385
Transportation
🚌 Local transport ticket	$1.66	$5.51
🎟️ Monthly ticket local transport	$29.1	$87.9
🚕 Taxi Ride, 8 km or 5 mi	$16.9	$29.5
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.8	$2.49
Groceries
🥛 Milk, 1 L or 1 qt	$1.25	$1.98
🍞 Bread, 0.5 kg or 1.1 lb	$1.47	$4.44
🍚 Rice, 1 kg or 2.2 lb	$1.69	$3.58
🥚 Eggs, x12	$3.33	$6.83
🧀 Cheese, 1 kg or 2.2 lb	$19.4	$19.7
🐔 Chicken Breast, 1 kg or 2.2 lb	$9	$26
🥩 Round Steak, 1 kg or 2.2 lb	$14.1	$44.9
🍏 Apples, 1 kg or 2.2 lb	$2.41	$3.55
🍌 Banana, 1 kg or 2.2 lb	$2.16	$2.67
🍊 Oranges, 1 kg or 2.2 lb	$1.85	$3.41
🍅 Tomato, 1 kg or 2.2 lb	$2.49	$5.8
🥔 Potato, 1 kg or 2.2 lb	$1.67	$3.52
🧅 Onion, 1 kg or 2.2 lb	$2.29	$2.2
🌊 Water, 1 L or 1 qt	$0.5	$1.27
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.54	$3.01
🍾 Wine (mid-priced), 750 mL bottle	$6.67	$24.2
🍺 Beer, 0.5 L or 16 fl oz	$1.23	$3.95
🚬 Cigarette pack	$6.66	$14
💊 Cold medicince, 1 week	$12.8	$12.7
🧴 Hair Shampoo	$2.87	$5.93
🧻 Toilet paper, 4 rolls	$2.43	$5.26
👄 Toothpaste, 1 tube	$2.11	$3.63
Other
🏋️ Gym Membership, 1 month	$48.6	$95.3
🎫 Cinema Ticket, 1 person	$9.93	$18.6
👩‍⚕️ Doctor's visit	$46.8	$93.8
💇 Haircut, simple	$17.6	$46.1
👖 Brand Jeans	$95.9	$144
👟 Brand Sneakers	$91.7	$176
👶 Daycare or Preschool, 1 month	$616	$408
🏫 International Primary School, 1 year	$10911	$30361

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	$1614
24 km or 15 mi	Mijas	$1551
27 km or 17 mi	Fuengirola	$1537
36 km or 22 mi	Antequera	$1336
48 km or 30 mi	Marbella	$1935
55 km or 34 mi	Loja	$1500
65 km or 40 mi	Almunecar	$1129
67 km or 41 mi	Ronda	$1003
71 km or 44 mi	Estepona	$1625
80 km or 50 mi	Motril	$1016
89 km or 55 mi	Granada	$1360
94 km or 58 mi	Alcala la Real	$2270
104 km or 64 mi	La Linea de la Concepcion	$1316
105 km or 65 mi	Gibraltar City	$2594
109 km or 68 mi	Ecija	$1385
113 km or 70 mi	Los Barrios	$1212
114 km or 71 mi	Algeciras	$1041
119 km or 74 mi	Martos	$1385
122 km or 76 mi	Ceuta	$1340
124 km or 77 mi	Arcos de la Frontera	$1295
125 km or 78 mi	Adra	$1230
130 km or 81 mi	Jaen	$1123
132 km or 82 mi	Tarifa	$1394
133 km or 83 mi	Cordoba	$1331
137 km or 85 mi	Carmona	$1353
143 km or 89 mi	El Ejido	$1157
148 km or 92 mi	Dos Hermanas	$1339
152 km or 94 mi	Jerez de la Frontera	$1008
154 km or 96 mi	Tetouan	$577
158 km or 98 mi	Seville	$1403
158 km or 98 mi	Chiclana de la Frontera	$1187
162 km or 101 mi	Tangier	$881
169 km or 105 mi	Linares	$1356
169 km or 105 mi	Cadiz	$1560
171 km or 106 mi	Ubeda	$1435
174 km or 108 mi	Rota	$1497
176 km or 109 mi	Almeria	$1345
196 km or 122 mi	Almonte	$1337
207 km or 129 mi	Melilla	$949
218 km or 135 mi	Nador	$538

Cities near Reykjavik

Distance	City	Cost of living
6.8 km or 4.2 mi	Kopavogur	$3219
9.8 km or 6.1 mi	Hafnarfjorur	$3212
38 km or 24 mi	Keflavik	$2621
247 km or 153 mi	Akureyri	$2974
795 km or 494 mi	Torshavn	$2066
1204 km or 748 mi	Inverness	$2053
1230 km or 764 mi	Elgin	$1540
1300 km or 808 mi	Derry	$1620
1309 km or 813 mi	Greenock	$1645
1321 km or 821 mi	Aberdeen	$1848
1325 km or 823 mi	Perth	$1656
1328 km or 825 mi	Stirling	$1852
1331 km or 827 mi	Paisley	$1906
1333 km or 828 mi	Alloa	$1862
1337 km or 831 mi	Glasgow	$2121
1339 km or 832 mi	Dundee	$1585
1340 km or 833 mi	Omagh	$1769
1341 km or 833 mi	Cumbernauld	$1652
1342 km or 834 mi	Irvine	$1707
1348 km or 838 mi	East Kilbride	$1902
1349 km or 838 mi	Kilmarnock	$1568
1351 km or 839 mi	Dunfermline	$1782
1353 km or 841 mi	Hamilton	$1854
1357 km or 843 mi	Ayr	$1588
1360 km or 845 mi	Kirkcaldy	$1821
1365 km or 848 mi	Livingston	$1784
1372 km or 852 mi	Edinburgh	$2331
1382 km or 859 mi	Newtownabbey	$1892
1387 km or 862 mi	Belfast	$1954
1390 km or 864 mi	Bangor	$1496
1391 km or 864 mi	Lisburn	$1945
1401 km or 871 mi	Alesund	$1980
1413 km or 878 mi	Galway	$2978
1425 km or 886 mi	Dundalk	$2179
1431 km or 889 mi	Dumfries	$1490
1433 km or 891 mi	Nuuk	$2363
1441 km or 895 mi	Molde	$2135
1454 km or 903 mi	Kristiansund	$1984
1455 km or 904 mi	Drogheda	$2627
1455 km or 904 mi	Bergen	$2409