Mumbai vs Reykjavik - Cost of Living Comparison

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Livingcost

Mumbai Reykjavik
🚶 Cost of living one person
$717
$3205
👨‍👩‍👧‍👦 Cost of living Family
$1606
$6762
🏠 One person rent
$425
$1954
🏘️ Family rent
$739
$2956
🍽️ Food expenses
$193
$904
🚐 Transport expenses
$47.5
$100
💳 Monthly salary after tax
$261
$4423
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
14 km
4 km
🎓 Higher education
83
53
😀 Quality of life
68
88
🏙️ Population
15.4M
139K

The cost of living in Mumbai is 78% less expensive than in Reykjavik. Cities ranked 7177th and 119th ($717 vs $3205) in the list of the most expensive cities in the world and ranked 1st and 1st in India and Iceland, respectively. Check India vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 0.4 months in Mumbai compared to 1.4 months in Reykjavik. Mumbai ranked 1st best city to live in India vs Reykjavik ranked 1st in Iceland, while ranked 4560th and 258th among best cities to live in the world.

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Prices in Mumbai vs Reykjavik

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

Mumbai Reykjavik
Eating Out
🍱 Lunch Menu
$5.24
$28.3
🥂 Dinner in a Restaurant, for 2
$20.8
$97.9
🥪 Fast food meal, equiv. McDonald's
$4.24
$20
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.64
$13.4
☕ Cappuccino
$2.73
$6.5
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.46
$3.26
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$590
$2129
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$326
$1743
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1054
$3328
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$577
$2660
🔌 Utility Bill one person, electricity, heating, water, etc.
$37.2
$52.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$57.2
$80.3
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$9.25
$82
🏦 Mortgage Interest Rate for 20 Years
8.49%
8.69%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$6403
$7748
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$2693
$6175
Transportation
🚌 Local transport ticket
$0.21
$5.38
🎟️ Monthly ticket local transport
$4.98
$90.3
🚕 Taxi Ride, 8 km or 5 mi
$2.78
$28.9
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.11
$2.12
Groceries
🥛 Milk, 1 L or 1 qt
$0.7
$2.04
🍞 Bread, 0.5 kg or 1.1 lb
$0.5
$4.21
🍚 Rice, 1 kg or 2.2 lb
$0.76
$3.46
🥚 Eggs, x12
$0.96
$6.99
🧀 Cheese, 1 kg or 2.2 lb
$5.7
$20.2
🐔 Chicken Breast, 1 kg or 2.2 lb
$3.79
$24.8
🥩 Round Steak, 1 kg or 2.2 lb
$6.54
$44.1
🍏 Apples, 1 kg or 2.2 lb
$2.32
$3.41
🍌 Banana, 1 kg or 2.2 lb
$0.71
$2.66
🍊 Oranges, 1 kg or 2.2 lb
$1.28
$3.17
🍅 Tomato, 1 kg or 2.2 lb
$0.53
$5.99
🥔 Potato, 1 kg or 2.2 lb
$0.36
$3.65
🧅 Onion, 1 kg or 2.2 lb
$0.43
$1.89
🌊 Water, 1 L or 1 qt
$0.2
$1.16
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.36
$3
🍾 Wine (mid-priced), 750 mL bottle
$8.34
$23.2
🍺 Beer, 0.5 L or 16 fl oz
$2.15
$3.72
🚬 Cigarette pack
$4.41
$13.5
💊 Cold medicince, 1 week
$0.83
$11.6
🧴 Hair Shampoo
$3.85
$5.76
🧻 Toilet paper, 4 rolls
$1.03
$5.18
👄 Toothpaste, 1 tube
$1.24
$3.63
Other
🏋️ Gym Membership, 1 month
$27
$90.3
🎫 Cinema Ticket, 1 person
$4.24
$19.2
👩‍⚕️ Doctor's visit
$12.9
$92.8
💇 Haircut, simple
$3.91
$47.2
👖 Brand Jeans
$33.2
$146
👟 Brand Sneakers
$58.8
$178
👶 Daycare or Preschool, 1 month
$127
$472
🏫 International Primary School, 1 year
$4986
$30029

Cost of living in other countries

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Cost of Living in the nearest cities

Cities near Mumbai

Distance City Cost of living
20 km or 12 mi Navi Mumbai
$476
27 km or 17 mi Thane
$464
44 km or 28 mi Bhiwandi
$335
46 km or 28 mi Kalyan
$355
56 km or 35 mi Vasai
$252
119 km or 74 mi Pune
$495
152 km or 94 mi Nashik
$329
187 km or 116 mi Satara
$256
221 km or 137 mi Navsari
$267
245 km or 152 mi Surat
$663
252 km or 156 mi Malegaon
$370
280 km or 174 mi Aurangabad
$335
292 km or 182 mi Kolhapur
$287
297 km or 184 mi Sangli
$279
306 km or 190 mi Ichalkaranji
$288
320 km or 199 mi Bhavnagar
$273
355 km or 221 mi Solapur
$269
365 km or 227 mi Jalgaon
$285
373 km or 232 mi Vadodara
$358
387 km or 240 mi Bijapur
$298
387 km or 241 mi Belgaum
$391
400 km or 249 mi Latur
$365
402 km or 250 mi Panjim
$372
409 km or 254 mi Mormugao
$404
415 km or 258 mi Nadiad
$360
427 km or 265 mi Rajkot
$298
428 km or 266 mi Margao
$372
432 km or 268 mi Godhra
$350
449 km or 279 mi Porbandar
$312
453 km or 281 mi Ahmedabad
$433
457 km or 284 mi Hubli
$333
460 km or 286 mi Gulbarga
$253
473 km or 294 mi Gandhinagar
$391
473 km or 294 mi Nanded
$308
478 km or 297 mi Akola
$282
517 km or 321 mi Mehsana
$367
522 km or 324 mi Indore
$346
536 km or 333 mi Ratlam
$283
555 km or 345 mi Nizamabad
$287
558 km or 347 mi Amravati
$281

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