Malaga vs Reykjavik - Cost of Living Comparison

Updated: June 21, 2026

	Malaga	Reykjavik
🚶 Cost of living one person	$1705	$3205
👨‍👩‍👧‍👦 Cost of living Family	$3968	$6762
🏠 One person rent	$1002	$1954
🏘️ Family rent	$1727	$2956
🍽️ Food expenses	$483	$904
🚐 Transport expenses	$94.8	$100
💳 Monthly salary after tax	$1960	$4423
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	9 km	4 km
🎓 Higher education	24	53
😀 Quality of life	80	88
🏙️ Population	599K	139K

The cost of living in Malaga is 47% less expensive than in Reykjavik. Cities ranked 3191st and 119th ($1705 vs $3205) in the list of the most expensive cities in the world and ranked 19th and 1st in Spain and Iceland, respectively. Check Spain vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 1.1 months in Malaga compared to 1.4 months in Reykjavik. Malaga ranked 25th best city to live in Spain vs Reykjavik ranked 1st in Iceland, while ranked 690th and 258th among best cities to live in the world.

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the estimated difference in money purchasing power

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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	$16.8	$28.3
🥂 Dinner in a Restaurant, for 2	$55.7	$97.9
🥪 Fast food meal, equiv. McDonald's	$11.9	$20
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$3.99	$13.4
☕ Cappuccino	$3.15	$6.5
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.76	$3.26
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1178	$2129
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$815	$1743
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2058	$3328
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1443	$2660
🔌 Utility Bill one person, electricity, heating, water, etc.	$88.8	$52.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$136	$80.3
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$25	$82
🏦 Mortgage Interest Rate for 20 Years	3.58%	8.69%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$5104	$7748
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$3819	$6175
Transportation
🚌 Local transport ticket	$1.62	$5.38
🎟️ Monthly ticket local transport	$28.6	$90.3
🚕 Taxi Ride, 8 km or 5 mi	$16.2	$28.9
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.74	$2.12
Groceries
🥛 Milk, 1 L or 1 qt	$1.27	$2.04
🍞 Bread, 0.5 kg or 1.1 lb	$1.47	$4.21
🍚 Rice, 1 kg or 2.2 lb	$1.73	$3.46
🥚 Eggs, x12	$3.8	$6.99
🧀 Cheese, 1 kg or 2.2 lb	$16.9	$20.2
🐔 Chicken Breast, 1 kg or 2.2 lb	$8.86	$24.8
🥩 Round Steak, 1 kg or 2.2 lb	$15	$44.1
🍏 Apples, 1 kg or 2.2 lb	$2.5	$3.41
🍌 Banana, 1 kg or 2.2 lb	$2.08	$2.66
🍊 Oranges, 1 kg or 2.2 lb	$2.02	$3.17
🍅 Tomato, 1 kg or 2.2 lb	$2.58	$5.99
🥔 Potato, 1 kg or 2.2 lb	$1.72	$3.65
🧅 Onion, 1 kg or 2.2 lb	$2.21	$1.89
🌊 Water, 1 L or 1 qt	$0.48	$1.16
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.54	$3
🍾 Wine (mid-priced), 750 mL bottle	$6.3	$23.2
🍺 Beer, 0.5 L or 16 fl oz	$1.2	$3.72
🚬 Cigarette pack	$6.44	$13.5
💊 Cold medicince, 1 week	$14	$11.6
🧴 Hair Shampoo	$3.28	$5.76
🧻 Toilet paper, 4 rolls	$2.23	$5.18
👄 Toothpaste, 1 tube	$1.99	$3.63
Other
🏋️ Gym Membership, 1 month	$50.3	$90.3
🎫 Cinema Ticket, 1 person	$9.93	$19.2
👩‍⚕️ Doctor's visit	$45.9	$92.8
💇 Haircut, simple	$16.1	$47.2
👖 Brand Jeans	$99.5	$146
👟 Brand Sneakers	$90.1	$178
👶 Daycare or Preschool, 1 month	$709	$472
🏫 International Primary School, 1 year	$10558	$30029

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	$1608
24 km or 15 mi	Mijas	$1556
27 km or 17 mi	Fuengirola	$1574
36 km or 22 mi	Antequera	$1317
48 km or 30 mi	Marbella	$2004
55 km or 34 mi	Loja	$1495
65 km or 40 mi	Almunecar	$1098
67 km or 41 mi	Ronda	$1022
71 km or 44 mi	Estepona	$1670
80 km or 50 mi	Motril	$988
89 km or 55 mi	Granada	$1350
94 km or 58 mi	Alcala la Real	$2272
104 km or 64 mi	La Linea de la Concepcion	$1304
105 km or 65 mi	Gibraltar City	$2594
109 km or 68 mi	Ecija	$1368
113 km or 70 mi	Los Barrios	$1193
114 km or 71 mi	Algeciras	$1014
119 km or 74 mi	Martos	$1390
122 km or 76 mi	Ceuta	$1306
124 km or 77 mi	Arcos de la Frontera	$1287
125 km or 78 mi	Adra	$1223
130 km or 81 mi	Jaen	$1125
132 km or 82 mi	Tarifa	$1369
133 km or 83 mi	Cordoba	$1291
137 km or 85 mi	Carmona	$1337
143 km or 89 mi	El Ejido	$1158
148 km or 92 mi	Dos Hermanas	$1279
152 km or 94 mi	Jerez de la Frontera	$983
154 km or 96 mi	Tetouan	$591
158 km or 98 mi	Seville	$1343
158 km or 98 mi	Chiclana de la Frontera	$1166
162 km or 101 mi	Tangier	$879
169 km or 105 mi	Linares	$1395
169 km or 105 mi	Cadiz	$1436
171 km or 106 mi	Ubeda	$1499
174 km or 108 mi	Rota	$1453
176 km or 109 mi	Almeria	$1343
196 km or 122 mi	Almonte	$1315
207 km or 129 mi	Melilla	$929
218 km or 135 mi	Nador	$499

Cities near Reykjavik

Distance	City	Cost of living
6.8 km or 4.2 mi	Kopavogur	$3092
9.8 km or 6.1 mi	Hafnarfjorur	$3106
38 km or 24 mi	Keflavik	$2581
247 km or 153 mi	Akureyri	$2921
795 km or 494 mi	Torshavn	$2017
1204 km or 748 mi	Inverness	$2005
1230 km or 764 mi	Elgin	$1523
1300 km or 808 mi	Derry	$1646
1309 km or 813 mi	Greenock	$1647
1321 km or 821 mi	Aberdeen	$1806
1325 km or 823 mi	Perth	$1640
1328 km or 825 mi	Stirling	$1835
1331 km or 827 mi	Paisley	$1885
1333 km or 828 mi	Alloa	$1842
1337 km or 831 mi	Glasgow	$2114
1339 km or 832 mi	Dundee	$1593
1340 km or 833 mi	Omagh	$1763
1341 km or 833 mi	Cumbernauld	$1611
1342 km or 834 mi	Irvine	$1704
1348 km or 838 mi	East Kilbride	$1878
1349 km or 838 mi	Kilmarnock	$1600
1351 km or 839 mi	Dunfermline	$1750
1353 km or 841 mi	Hamilton	$1831
1357 km or 843 mi	Ayr	$1586
1360 km or 845 mi	Kirkcaldy	$1794
1365 km or 848 mi	Livingston	$1760
1372 km or 852 mi	Edinburgh	$2295
1382 km or 859 mi	Newtownabbey	$1820
1387 km or 862 mi	Belfast	$1878
1390 km or 864 mi	Bangor	$1485
1391 km or 864 mi	Lisburn	$1923
1401 km or 871 mi	Alesund	$2021
1413 km or 878 mi	Galway	$3003
1425 km or 886 mi	Dundalk	$2264
1431 km or 889 mi	Dumfries	$1456
1433 km or 891 mi	Nuuk	$2508
1441 km or 895 mi	Molde	$2101
1454 km or 903 mi	Kristiansund	$1944
1455 km or 904 mi	Drogheda	$2518
1455 km or 904 mi	Bergen	$2336