Minsk vs Reykjavik - Cost of Living Comparison

Updated: June 21, 2026

	Minsk	Reykjavik
🚶 Cost of living one person	$924	$3205
👨‍👩‍👧‍👦 Cost of living Family	$2352	$6762
🏠 One person rent	$455	$1954
🏘️ Family rent	$813	$2956
🍽️ Food expenses	$324	$904
🚐 Transport expenses	$62	$100
💳 Monthly salary after tax	$692	$4423
😷 Air quality	Good	Excellent
✈️ Airport proximity	31 km	4 km
🎓 Higher education	59	53
😀 Quality of life	68	88
🏙️ Population	2M	139K

The cost of living in Minsk is 71% less expensive than in Reykjavik. Cities ranked 6121st and 119th ($924 vs $3205) in the list of the most expensive cities in the world and ranked 1st and 1st in Belarus and Iceland, respectively. Check Belarus vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 0.7 months in Minsk compared to 1.4 months in Reykjavik. Minsk ranked 1st best city to live in Belarus vs Reykjavik ranked 1st in Iceland, while ranked 4446th and 258th among best cities to live in the world.

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

Prices in Minsk vs Reykjavik

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

	Minsk	Reykjavik
Eating Out
🍱 Lunch Menu	$10.8	$28.3
🥂 Dinner in a Restaurant, for 2	$44.4	$97.9
🥪 Fast food meal, equiv. McDonald's	$7.32	$20
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$1.37	$13.4
☕ Cappuccino	$2.23	$6.5
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$0.82	$3.26
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$562	$2129
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$362	$1743
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$1020	$3328
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$667	$2660
🔌 Utility Bill one person, electricity, heating, water, etc.	$40	$52.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$62.6	$80.3
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$12.6	$82
🏦 Mortgage Interest Rate for 20 Years	16.41%	8.69%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$2491	$7748
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1574	$6175
Transportation
🚌 Local transport ticket	$0.36	$5.38
🎟️ Monthly ticket local transport	$19.9	$90.3
🚕 Taxi Ride, 8 km or 5 mi	$5.21	$28.9
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.99	$2.12
Groceries
🥛 Milk, 1 L or 1 qt	$0.97	$2.04
🍞 Bread, 0.5 kg or 1.1 lb	$0.75	$4.21
🍚 Rice, 1 kg or 2.2 lb	$1.39	$3.46
🥚 Eggs, x12	$1.74	$6.99
🧀 Cheese, 1 kg or 2.2 lb	$8.16	$20.2
🐔 Chicken Breast, 1 kg or 2.2 lb	$5.45	$24.8
🥩 Round Steak, 1 kg or 2.2 lb	$10.2	$44.1
🍏 Apples, 1 kg or 2.2 lb	$1.62	$3.41
🍌 Banana, 1 kg or 2.2 lb	$2.01	$2.66
🍊 Oranges, 1 kg or 2.2 lb	$2.46	$3.17
🍅 Tomato, 1 kg or 2.2 lb	$2.83	$5.99
🥔 Potato, 1 kg or 2.2 lb	$0.68	$3.65
🧅 Onion, 1 kg or 2.2 lb	$0.77	$1.89
🌊 Water, 1 L or 1 qt	$0.48	$1.16
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$1.49	$3
🍾 Wine (mid-priced), 750 mL bottle	$8.98	$23.2
🍺 Beer, 0.5 L or 16 fl oz	$1.13	$3.72
🚬 Cigarette pack	$2.62	$13.5
💊 Cold medicince, 1 week	$7.01	$11.6
🧴 Hair Shampoo	$4.21	$5.76
🧻 Toilet paper, 4 rolls	$1.25	$5.18
👄 Toothpaste, 1 tube	$2.33	$3.63
Other
🏋️ Gym Membership, 1 month	$39.6	$90.3
🎫 Cinema Ticket, 1 person	$5.97	$19.2
👩‍⚕️ Doctor's visit	$15.9	$92.8
💇 Haircut, simple	$5.46	$47.2
👖 Brand Jeans	$48.6	$146
👟 Brand Sneakers	$117	$178
👶 Daycare or Preschool, 1 month	$406	$472
🏫 International Primary School, 1 year	$14758	$30029

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Minsk

Distance	City	Cost of living
72 km or 44 mi	Barysaw	$676
136 km or 85 mi	Baranavichy	$608
139 km or 86 mi	Babruysk	$477
171 km or 107 mi	Vilnius	$1434
182 km or 113 mi	Mogilev	$669
218 km or 135 mi	Utena	$974
220 km or 137 mi	Vitebsk	$355
221 km or 137 mi	Pinsk	$527
229 km or 142 mi	Daugavpils	$938
235 km or 146 mi	Alytus	$881
247 km or 154 mi	Grodno	$445
249 km or 155 mi	Jonava	$859
260 km or 161 mi	Kaunas	$1258
280 km or 174 mi	Gomel	$589
283 km or 176 mi	Marijampole	$928
288 km or 179 mi	Panevezys	$982
290 km or 180 mi	Rezekne	$835
303 km or 188 mi	Suwalki	$1114
303 km or 189 mi	Bialystok	$1229
307 km or 191 mi	Smolensk	$629
308 km or 191 mi	Jekabpils	$895
330 km or 205 mi	Brest	$669
342 km or 212 mi	Elk	$1170
353 km or 219 mi	Siauliai	$964
363 km or 226 mi	Biala Podlaska	$1078
367 km or 228 mi	Chernihiv	$479
371 km or 231 mi	Lomza	$1060
374 km or 232 mi	Ogre	$1000
376 km or 233 mi	Rivne	$397
382 km or 238 mi	Lutsk	$543
390 km or 243 mi	Jelgava	$893
401 km or 249 mi	Siedlce	$1023
403 km or 250 mi	Riga	$1254
406 km or 252 mi	Ostroleka	$1165
412 km or 256 mi	Zhytomyr	$591
413 km or 257 mi	Chelm	$1205
416 km or 259 mi	Jurmala	$1374
426 km or 265 mi	Valmiera	$938
427 km or 265 mi	Mazeikiai	$860
434 km or 269 mi	Kyiv	$853

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