Nizhny Novgorod vs Reykjavik - Cost of Living Comparison

Updated: March 01, 2024

	Nizhny Novgorod	Reykjavik
🚶 Cost of living one person	$596	$2723
👨‍👩‍👧‍👦 Cost of living Family	$1590	$5671
🏠 One person rent	$255	$1643
🏘️ Family rent	$507	$2600
🍽️ Food expenses	$231	$800
🚐 Transport expenses	$46.3	$86.1
💳 Monthly salary after tax	$550	$3682
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	13 km	4 km
🎓 Higher education	46	53
😀 Quality of life	56	89
🏙️ Population	1.25M	140K

The cost of living in Nizhny Novgorod is 78% less expensive than in Reykjavik. Cities ranked 7706th and 344th ($596 vs $2723) in the list of the most expensive cities in the world and ranked 38th and 1st in Russia and Iceland, respectively. Check Russia vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 0.9 months in Nizhny Novgorod compared to 1.4 months in Reykjavik. Nizhny Novgorod ranked 10th best city to live in Russia vs Reykjavik ranked 1st in Iceland, while ranked 5856th and 152nd among best cities to live in the world.

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Cost of living in Nizhny Novgorod vs Reykjavik infographic

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Prices in Nizhny Novgorod vs Reykjavik

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

	Nizhny Novgorod	Reykjavik
Eating Out
🍱 Lunch Menu	$7.61	$21.6
🥂 Dinner in a Restaurant, for 2	$33.1	$125
🥪 Fast food meal, equiv. McDonald's	$4.35	$16.9
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$1.08	$10.9
☕ Cappuccino	$1.7	$5.05
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$0.69	$2.94
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$258	$1659
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$171	$1492
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$593	$2694
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$362	$2395
🔌 Utility Bill one person, electricity, heating, water, etc.	$60.6	$52.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$93.2	$80.5
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$5.95	$64.8
🏦 Mortgage Interest Rate for 20 Years	10.54%	8.07%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$1862	$6252
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1219	$4951
Transportation
🚌 Local transport ticket	$0.38	$4.13
🎟️ Monthly ticket local transport	$15.9	$66.6
🚕 Taxi Ride, 8 km or 5 mi	$5.51	$26.3
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.58	$2.28
Groceries
🥛 Milk, 1 L or 1 qt	$0.81	$1.65
🍞 Bread, 0.5 kg or 1.1 lb	$0.42	$3.71
🍚 Rice, 1 kg or 2.2 lb	$1.08	$3.27
🥚 Eggs, x12	$1.08	$6.03
🧀 Cheese, 1 kg or 2.2 lb	$7.45	$15.4
🐔 Chicken Breast, 1 kg or 2.2 lb	$3.74	$19.8
🥩 Round Steak, 1 kg or 2.2 lb	$7.38	$31
🍏 Apples, 1 kg or 2.2 lb	$1.07	$3.2
🍌 Banana, 1 kg or 2.2 lb	$1.08	$2.12
🍊 Oranges, 1 kg or 2.2 lb	$1.64	$2.81
🍅 Tomato, 1 kg or 2.2 lb	$1.81	$4.84
🥔 Potato, 1 kg or 2.2 lb	$0.47	$3.07
🧅 Onion, 1 kg or 2.2 lb	$0.44	$2.14
🌊 Water, 1 L or 1 qt	$0.35	$1.44
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$1.52	$2.53
🍾 Wine (mid-priced), 750 mL bottle	$5.49	$20
🍺 Beer, 0.5 L or 16 fl oz	$0.78	$3.08
🚬 Cigarette pack	$2.25	$11.8
💊 Cold medicince, 1 week	$7.01	$11.6
🧴 Hair Shampoo	$2.69	$5.21
🧻 Toilet paper, 4 rolls	$1.16	$4.67
👄 Toothpaste, 1 tube	$1.1	$3.24
Other
🏋️ Gym Membership, 1 month	$27.4	$63.3
🎫 Cinema Ticket, 1 person	$4.38	$14.5
👩‍⚕️ Doctor's visit	$14	$83
💇 Haircut, simple	$4.84	$37.2
👖 Brand Jeans	$54.4	$105
👟 Brand Sneakers	$69.6	$142
👶 Daycare or Preschool, 1 month	$311	$239
🏫 International Primary School, 1 year	$5368	$6072

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Nizhny Novgorod

Distance	City	Cost of living
36 km or 22 mi	Dzerzhinsk	$541
198 km or 123 mi	Ivanovo	$497
202 km or 125 mi	Cheboksary	$517
223 km or 139 mi	Vladimir	$597
241 km or 150 mi	Yoshkar-Ola	$545
245 km or 152 mi	Kostroma	$488
250 km or 155 mi	Saransk	$414
290 km or 180 mi	Yaroslavl	$496
323 km or 200 mi	Kazan	$646
331 km or 205 mi	Ryazan	$488
350 km or 217 mi	Elektrostal	$629
353 km or 220 mi	Penza	$542
355 km or 221 mi	Ulyanovsk	$493
366 km or 227 mi	Rybinsk	$612
380 km or 236 mi	Balashikha	$645
386 km or 240 mi	Korolyov	$653
387 km or 240 mi	Lyubertsy	$656
391 km or 243 mi	Mytishchi	$587
402 km or 250 mi	Moscow	$1021
403 km or 250 mi	Vologda	$455
410 km or 255 mi	Khimki	$658
415 km or 258 mi	Podolsk	$525
418 km or 260 mi	Krasnogorsk	$732
421 km or 262 mi	Kirov	$456
434 km or 270 mi	Tambov	$501
453 km or 281 mi	Syzran	$518
466 km or 289 mi	Tolyatti	$500
469 km or 291 mi	Tula	$526
477 km or 297 mi	Cherepovets	$427
482 km or 300 mi	Obninsk	$597
492 km or 305 mi	Nizhnekamsk	$536
498 km or 310 mi	Tver	$573
501 km or 311 mi	Lipetsk	$401
522 km or 324 mi	Naberezhnye Chelny	$501
525 km or 326 mi	Samara	$623
527 km or 328 mi	Kaluga	$490
536 km or 333 mi	Balakovo	$562
544 km or 338 mi	Almetyevsk	$516
549 km or 341 mi	Saratov	$513
558 km or 347 mi	Engels	$511

Cities near Reykjavik

Distance	City	Cost of living
6.8 km or 4.2 mi	Kopavogur	$2304
9.8 km or 6.1 mi	Hafnarfjorur	$2460
38 km or 24 mi	Keflavik	$2023
247 km or 153 mi	Akureyri	$2011
795 km or 494 mi	Torshavn	$1952
1204 km or 748 mi	Inverness	$1629
1230 km or 764 mi	Elgin	$1554
1300 km or 808 mi	Derry	$1662
1309 km or 813 mi	Greenock	$1524
1321 km or 821 mi	Aberdeen	$1681
1325 km or 823 mi	Perth	$1537
1328 km or 825 mi	Stirling	$1659
1331 km or 827 mi	Paisley	$1734
1333 km or 828 mi	Alloa	$1670
1337 km or 831 mi	Glasgow	$1884
1339 km or 832 mi	Dundee	$1527
1340 km or 833 mi	Omagh	$1642
1341 km or 833 mi	Cumbernauld	$1803
1342 km or 834 mi	Irvine	$1514
1348 km or 838 mi	East Kilbride	$1748
1349 km or 838 mi	Kilmarnock	$1399
1351 km or 839 mi	Dunfermline	$1693
1353 km or 841 mi	Hamilton	$1731
1357 km or 843 mi	Ayr	$1520
1360 km or 845 mi	Kirkcaldy	$1800
1365 km or 848 mi	Livingston	$1651
1372 km or 852 mi	Edinburgh	$2043
1382 km or 859 mi	Newtownabbey	$1666
1387 km or 862 mi	Belfast	$1741
1390 km or 864 mi	Bangor	$1305
1391 km or 864 mi	Lisburn	$1643
1401 km or 871 mi	Alesund	$1539
1413 km or 878 mi	Galway	$2244
1425 km or 886 mi	Dundalk	$1869
1431 km or 889 mi	Dumfries	$1723
1433 km or 891 mi	Nuuk	$2175
1441 km or 895 mi	Molde	$1928
1454 km or 903 mi	Kristiansund	$1632
1455 km or 904 mi	Drogheda	$2391
1455 km or 904 mi	Bergen	$1991