Oakland vs Reykjavik - Cost of Living Comparison

Updated: March 02, 2025

	Oakland	Reykjavik
🚶 Cost of living one person	$2968	$2938
👨‍👩‍👧‍👦 Cost of living Family	$8022	$5875
🏠 One person rent	$1832	$1801
🏘️ Family rent	$4049	$2674
🍽️ Food expenses	$798	$827
🚐 Transport expenses	$140	$90.1
💳 Monthly salary after tax	$5520	$3761
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	9 km	4 km
🎓 Higher education	97	53
😀 Quality of life	94	89
🏙️ Population	441K	140K

The cost of living in Oakland is 1% more expensive than in Reykjavik. Cities ranked 182nd and 200th ($2968 vs $2938) in the list of the most expensive cities in the world and ranked 159th and 1st in the United States and Iceland, respectively. Check the United States vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 1.9 months in Oakland compared to 1.3 months in Reykjavik. Oakland ranked 4th best city to live in the United States vs Reykjavik ranked 1st in Iceland, while ranked 38th and 194th among best cities to live in the world.

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the estimated difference in money purchasing power

Cost of living in Oakland vs Reykjavik infographic

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

Prices in Oakland vs Reykjavik

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

	Oakland	Reykjavik
Eating Out
🍱 Lunch Menu	$30.1	$21.5
🥂 Dinner in a Restaurant, for 2	$53.3	$137
🥪 Fast food meal, equiv. McDonald's	$13	$17.9
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$7.96	$10.8
☕ Cappuccino	$4.95	$5.37
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.59	$3.09
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1826	$1839
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1533	$1650
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$4410	$2869
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$3547	$2456
🔌 Utility Bill one person, electricity, heating, water, etc.	$170	$42.1
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$259	$64.6
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$70.5	$71.4
🏦 Mortgage Interest Rate for 20 Years	6.67%	9.41%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$7152	$6649
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$7023	$5599
Transportation
🚌 Local transport ticket	$3.25	$4.52
🎟️ Monthly ticket local transport	$84.9	$75.8
🚕 Taxi Ride, 8 km or 5 mi	$22.8	$26.4
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.28	$2.23
Groceries
🥛 Milk, 1 L or 1 qt	$1.45	$1.66
🍞 Bread, 0.5 kg or 1.1 lb	$5.04	$3.74
🍚 Rice, 1 kg or 2.2 lb	$6.33	$3.24
🥚 Eggs, x12	$6.73	$5.94
🧀 Cheese, 1 kg or 2.2 lb	$20.8	$15.8
🐔 Chicken Breast, 1 kg or 2.2 lb	$14.9	$20.9
🥩 Round Steak, 1 kg or 2.2 lb	$17.1	$37
🍏 Apples, 1 kg or 2.2 lb	$7.82	$2.94
🍌 Banana, 1 kg or 2.2 lb	$2.26	$2.25
🍊 Oranges, 1 kg or 2.2 lb	$6.4	$2.73
🍅 Tomato, 1 kg or 2.2 lb	$6.18	$4.73
🥔 Potato, 1 kg or 2.2 lb	$4.53	$3.26
🧅 Onion, 1 kg or 2.2 lb	$3.44	$2.11
🌊 Water, 1 L or 1 qt	$2.01	$1.36
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.97	$2.69
🍾 Wine (mid-priced), 750 mL bottle	$12	$21.6
🍺 Beer, 0.5 L or 16 fl oz	$1.73	$3.26
🚬 Cigarette pack	$11	$12.3
💊 Cold medicince, 1 week	$15	$10.4
🧴 Hair Shampoo	$6	$5.23
🧻 Toilet paper, 4 rolls	$5	$4.55
👄 Toothpaste, 1 tube	$1.5	$3.2
Other
🏋️ Gym Membership, 1 month	$54.2	$73.2
🎫 Cinema Ticket, 1 person	$14.4	$15.9
👩‍⚕️ Doctor's visit	$178	$82.2
💇 Haircut, simple	$22.4	$45.6
👖 Brand Jeans	$63.6	$128
👟 Brand Sneakers	$93	$162
👶 Daycare or Preschool, 1 month	$2719	$279
🏫 International Primary School, 1 year	$18963	$2532

Cost of living in other countries

Cost of living

$349

$907

$6.64K

Cost of Living in the nearest cities

Cities near Oakland

Distance	City	Cost of living
4.1 km or 2.5 mi	Alameda	$3364
8 km or 5 mi	Berkeley	$2974
11 km or 6.5 mi	Albany	$2888
12 km or 7.3 mi	San Leandro	$2963
14 km or 8.7 mi	El Cerrito	$2929
15 km or 9.2 mi	San Francisco	$3905
15 km or 9.3 mi	Lafayette	$2888
17 km or 11 mi	San Lorenzo	$2747
17 km or 11 mi	Richmond	$3004
19 km or 12 mi	Castro Valley	$3041
20 km or 12 mi	San Pablo	$2999
20 km or 12 mi	Walnut Creek	$2932
21 km or 13 mi	Hayward	$2811
22 km or 14 mi	Danville	$3785
22 km or 14 mi	South San Francisco	$3185
23 km or 14 mi	Daly	$3190
24 km or 15 mi	Pleasant Hill	$2816
24 km or 15 mi	San Ramon	$3045
24 km or 15 mi	Hercules	$2840
25 km or 15 mi	San Bruno	$3195
26 km or 16 mi	Millbrae	$3226
26 km or 16 mi	Burlingame	$3269
26 km or 16 mi	Martinez	$2780
28 km or 17 mi	Concord	$2778
28 km or 17 mi	Foster	$3466
28 km or 17 mi	San Mateo	$3678
29 km or 18 mi	Pacifica	$3183
29 km or 18 mi	Union	$3002
30 km or 19 mi	Benicia	$2767
31 km or 19 mi	Dublin	$3059
31 km or 19 mi	San Rafael	$3997
32 km or 20 mi	Belmont	$3657
33 km or 21 mi	San Carlos	$3344
34 km or 21 mi	Vallejo	$2412
35 km or 22 mi	Newark	$3060
35 km or 22 mi	Pleasanton	$3448
35 km or 22 mi	Redwood	$3649
37 km or 23 mi	Fremont	$3187
38 km or 24 mi	East Palo Alto	$3286
39 km or 24 mi	Menlo Park	$3326

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