Minsk vs Reykjavik - Cost of Living Comparison

Updated: March 02, 2025

	Minsk	Reykjavik
🚶 Cost of living one person	$727	$2938
👨‍👩‍👧‍👦 Cost of living Family	$1874	$5875
🏠 One person rent	$352	$1801
🏘️ Family rent	$652	$2674
🍽️ Food expenses	$251	$827
🚐 Transport expenses	$46.5	$90.1
💳 Monthly salary after tax	$686	$3761
😷 Air quality	Good	Excellent
✈️ Airport proximity	31 km	4 km
🎓 Higher education	61	53
😀 Quality of life	67	89
🏙️ Population	1.99M	140K

The cost of living in Minsk is 75% less expensive than in Reykjavik. Cities ranked 6769th and 200th ($727 vs $2938) 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 0.9 months in Minsk compared to 1.3 months in Reykjavik. Minsk ranked 1st best city to live in Belarus vs Reykjavik ranked 1st in Iceland, while ranked 3750th and 194th among best cities to live in the world.

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Cost of living in Minsk vs Reykjavik infographic

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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	$9.19	$21.5
🥂 Dinner in a Restaurant, for 2	$30.8	$137
🥪 Fast food meal, equiv. McDonald's	$5.31	$17.9
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$1.21	$10.8
☕ Cappuccino	$1.69	$5.37
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$0.71	$3.09
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$423	$1839
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$280	$1650
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$818	$2869
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$534	$2456
🔌 Utility Bill one person, electricity, heating, water, etc.	$32.9	$42.1
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$50.3	$64.6
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$10.6	$71.4
🏦 Mortgage Interest Rate for 20 Years	14.66%	9.41%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$1925	$6649
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1211	$5599
Transportation
🚌 Local transport ticket	$0.27	$4.52
🎟️ Monthly ticket local transport	$15.4	$75.8
🚕 Taxi Ride, 8 km or 5 mi	$3.73	$26.4
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.76	$2.23
Groceries
🥛 Milk, 1 L or 1 qt	$0.74	$1.66
🍞 Bread, 0.5 kg or 1.1 lb	$0.59	$3.74
🍚 Rice, 1 kg or 2.2 lb	$1.2	$3.24
🥚 Eggs, x12	$1.28	$5.94
🧀 Cheese, 1 kg or 2.2 lb	$6.31	$15.8
🐔 Chicken Breast, 1 kg or 2.2 lb	$3.92	$20.9
🥩 Round Steak, 1 kg or 2.2 lb	$7.72	$37
🍏 Apples, 1 kg or 2.2 lb	$1.08	$2.94
🍌 Banana, 1 kg or 2.2 lb	$1.71	$2.25
🍊 Oranges, 1 kg or 2.2 lb	$1.79	$2.73
🍅 Tomato, 1 kg or 2.2 lb	$2.28	$4.73
🥔 Potato, 1 kg or 2.2 lb	$0.41	$3.26
🧅 Onion, 1 kg or 2.2 lb	$0.57	$2.11
🌊 Water, 1 L or 1 qt	$0.39	$1.36
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$1.29	$2.69
🍾 Wine (mid-priced), 750 mL bottle	$7.59	$21.6
🍺 Beer, 0.5 L or 16 fl oz	$0.93	$3.26
🚬 Cigarette pack	$1.82	$12.3
💊 Cold medicince, 1 week	$6.38	$10.4
🧴 Hair Shampoo	$2.66	$5.23
🧻 Toilet paper, 4 rolls	$1.07	$4.55
👄 Toothpaste, 1 tube	$1.6	$3.2
Other
🏋️ Gym Membership, 1 month	$31.8	$73.2
🎫 Cinema Ticket, 1 person	$4.6	$15.9
👩‍⚕️ Doctor's visit	$12.9	$82.2
💇 Haircut, simple	$4.76	$45.6
👖 Brand Jeans	$55.5	$128
👟 Brand Sneakers	$111	$162
👶 Daycare or Preschool, 1 month	$330	$279
🏫 International Primary School, 1 year	$10220	$2532

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	$570
136 km or 85 mi	Baranavichy	$517
139 km or 86 mi	Babruysk	$438
171 km or 107 mi	Vilnius	$1261
182 km or 113 mi	Mogilev	$474
218 km or 135 mi	Utena	$936
220 km or 137 mi	Vitebsk	$300
221 km or 137 mi	Pinsk	$435
229 km or 142 mi	Daugavpils	$843
235 km or 146 mi	Alytus	$850
247 km or 154 mi	Grodno	$385
249 km or 155 mi	Jonava	$847
260 km or 161 mi	Kaunas	$1150
280 km or 174 mi	Gomel	$440
283 km or 176 mi	Marijampole	$882
288 km or 179 mi	Panevezys	$950
290 km or 180 mi	Rezekne	$761
303 km or 188 mi	Suwalki	$1016
303 km or 189 mi	Bialystok	$935
307 km or 191 mi	Smolensk	$479
308 km or 191 mi	Jekabpils	$840
330 km or 205 mi	Brest	$469
342 km or 212 mi	Elk	$1025
353 km or 219 mi	Siauliai	$953
363 km or 226 mi	Biala Podlaska	$965
367 km or 228 mi	Chernihiv	$433
371 km or 231 mi	Lomza	$964
374 km or 232 mi	Ogre	$933
376 km or 233 mi	Rivne	$394
382 km or 238 mi	Lutsk	$510
390 km or 243 mi	Jelgava	$804
401 km or 249 mi	Siedlce	$882
403 km or 250 mi	Riga	$1113
406 km or 252 mi	Ostroleka	$1025
412 km or 256 mi	Zhytomyr	$549
413 km or 257 mi	Chelm	$1107
416 km or 259 mi	Jurmala	$1299
426 km or 265 mi	Valmiera	$835
427 km or 265 mi	Mazeikiai	$983
434 km or 269 mi	Kyiv	$850

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