Omaha vs Reykjavik - Cost of Living Comparison

Updated:

Livingcost

Omaha Reykjavik
🚶 Cost of living one person
$2229
$2915
👨‍👩‍👧‍👦 Cost of living Family
$5406
$5968
🏠 One person rent
$1332
$1781
🏘️ Family rent
$2509
$2749
🍽️ Food expenses
$657
$832
🚐 Transport expenses
$89
$88.7
💳 Monthly salary after tax
$4116
$3918
😷 Air quality
Good
Excellent
✈️ Airport proximity
11 km
4 km
🎓 Higher education
75
53
😀 Quality of life
88
89
🏙️ Population
486K
140K

The cost of living in Omaha is 24% less expensive than in Reykjavik. Cities ranked 1309th and 204th ($2229 vs $2915) in the list of the most expensive cities in the world and ranked 1150th 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 1.8 months in Omaha compared to 1.3 months in Reykjavik. Omaha ranked 66th best city to live in the United States vs Reykjavik ranked 1st in Iceland, while ranked 243rd and 189th among best cities to live in the world.

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Cost of living in Omaha vs Reykjavik infographic

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Prices in Omaha vs Reykjavik

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

Omaha Reykjavik
Eating Out
🍱 Lunch Menu
$21.2
$22
🥂 Dinner in a Restaurant, for 2
$74.8
$125
🥪 Fast food meal, equiv. McDonald's
$11.1
$18.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.53
$11.1
 Cappuccino
$4.76
$5.35
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.14
$3.27
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1271
$1809
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1028
$1626
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$3026
$2822
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1933
$2552
🔌 Utility Bill one person, electricity, heating, water, etc.
$189
$44.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$292
$68.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$65.8
$74.1
🏦 Mortgage Interest Rate for 20 Years
6.56%
8.55%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1873
$6498
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1773
$5311
Transportation
🚌 Local transport ticket
$1.24
$4.63
🎟️ Monthly ticket local transport
$54.8
$77.2
🚕 Taxi Ride, 8 km or 5 mi
$14
$24.8
 Gas / Petrol, 1 L or 0.26 gal
$0.88
$2.29
Groceries
🥛 Milk, 1 L or 1 qt
$0.96
$1.72
🍞 Bread, 0.5 kg or 1.1 lb
$3.46
$3.66
🍚 Rice, 1 kg or 2.2 lb
$4.72
$3.25
🥚 Eggs, x12
$3.27
$5.9
🧀 Cheese, 1 kg or 2.2 lb
$12.5
$16
🐔 Chicken Breast, 1 kg or 2.2 lb
$12
$21.4
🥩 Round Steak, 1 kg or 2.2 lb
$15.5
$37.6
🍏 Apples, 1 kg or 2.2 lb
$6.61
$3.07
🍌 Banana, 1 kg or 2.2 lb
$2.02
$2.29
🍊 Oranges, 1 kg or 2.2 lb
$6.59
$2.72
🍅 Tomato, 1 kg or 2.2 lb
$5.53
$4.99
🥔 Potato, 1 kg or 2.2 lb
$2.16
$3.21
🧅 Onion, 1 kg or 2.2 lb
$2.95
$2.16
🌊 Water, 1 L or 1 qt
$1.66
$1.37
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.77
$2.74
🍾 Wine (mid-priced), 750 mL bottle
$13.4
$22
🍺 Beer, 0.5 L or 16 fl oz
$1.79
$3.27
🚬 Cigarette pack
$8.56
$12.2
💊 Cold medicince, 1 week
$9.33
$11.6
🧴 Hair Shampoo
$6.03
$5.36
🧻 Toilet paper, 4 rolls
$4.5
$4.68
👄 Toothpaste, 1 tube
$2.38
$3.32
Other
🏋️ Gym Membership, 1 month
$49.1
$71.8
🎫 Cinema Ticket, 1 person
$14.4
$15.1
👩‍⚕️ Doctor's visit
$96.9
$84.7
💇 Haircut, simple
$18.5
$47.4
👖 Brand Jeans
$57.1
$112
👟 Brand Sneakers
$94.1
$155
👶 Daycare or Preschool, 1 month
$824
$254
🏫 International Primary School, 1 year
$24758
$6167

Cost of living in other countries

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Cost of Living in the nearest cities

Cities near Omaha

Distance City Cost of living
13 km or 8.1 mi Council Bluffs
$1783
14 km or 8.6 mi Bellevue
$2101
44 km or 27 mi Fremont
$2045
75 km or 47 mi Lincoln
$1679
114 km or 71 mi Columbus
$1885
140 km or 87 mi Sioux
$1719
145 km or 90 mi Norfolk
$1947
183 km or 114 mi Waukee
$1859
194 km or 121 mi Urbandale
$1869
195 km or 121 mi St. Joseph
$1980
195 km or 121 mi West Des Moines
$1863
198 km or 123 mi Johnston
$1869
200 km or 124 mi Grand Island
$1893
203 km or 126 mi Des Moines
$1779
205 km or 128 mi Fort Dodge
$1805
207 km or 129 mi Ankeny
$1802
213 km or 133 mi Hastings
$1863
217 km or 135 mi Ames
$1650
236 km or 147 mi Manhattan
$1807
236 km or 147 mi Leavenworth
$2033
248 km or 154 mi Topeka
$1577
259 km or 161 mi Junction
$2026
259 km or 161 mi Sioux Falls
$1770
260 km or 161 mi Gladstone
$1998
263 km or 163 mi Liberty
$1956
264 km or 164 mi Lawrence
$1690
265 km or 165 mi Kearney
$1781
266 km or 165 mi Kansas City
$2053
272 km or 169 mi Marshalltown
$1697
272 km or 169 mi Shawnee
$2231
275 km or 171 mi Kansas
$2084
277 km or 172 mi Lenexa
$2308
278 km or 173 mi Independence
$1850
279 km or 173 mi Prairie Village
$2287
283 km or 176 mi Overland Park
$2433
285 km or 177 mi Olathe
$2258
285 km or 177 mi Raytown
$2019
287 km or 178 mi Leawood
$2316
288 km or 179 mi Gardner
$2100
291 km or 181 mi Blue Springs
$1978

Cities near Reykjavik

Distance City Cost of living
6.8 km or 4.2 mi Kopavogur
$2371
9.8 km or 6.1 mi Hafnarfjorur
$2602
38 km or 24 mi Keflavik
$2091
247 km or 153 mi Akureyri
$2300
795 km or 494 mi Torshavn
$1913
1204 km or 748 mi Inverness
$1830
1230 km or 764 mi Elgin
$1459
1300 km or 808 mi Derry
$1491
1309 km or 813 mi Greenock
$1599
1321 km or 821 mi Aberdeen
$1701
1325 km or 823 mi Perth
$1647
1328 km or 825 mi Stirling
$1625
1331 km or 827 mi Paisley
$1793
1333 km or 828 mi Alloa
$1710
1337 km or 831 mi Glasgow
$2013
1339 km or 832 mi Dundee
$1545
1340 km or 833 mi Omagh
$1650
1341 km or 833 mi Cumbernauld
$1767
1342 km or 834 mi Irvine
$1573
1348 km or 838 mi East Kilbride
$1818
1349 km or 838 mi Kilmarnock
$1470
1351 km or 839 mi Dunfermline
$1724
1353 km or 841 mi Hamilton
$1793
1357 km or 843 mi Ayr
$1420
1360 km or 845 mi Kirkcaldy
$1704
1365 km or 848 mi Livingston
$1744
1372 km or 852 mi Edinburgh
$2246
1382 km or 859 mi Newtownabbey
$1767
1387 km or 862 mi Belfast
$1830
1390 km or 864 mi Bangor
$1467
1391 km or 864 mi Lisburn
$1805
1401 km or 871 mi Alesund
$1657
1413 km or 878 mi Galway
$2427
1425 km or 886 mi Dundalk
$1930
1431 km or 889 mi Dumfries
$1390
1433 km or 891 mi Nuuk
$2125
1441 km or 895 mi Molde
$1969
1454 km or 903 mi Kristiansund
$1752
1455 km or 904 mi Drogheda
$2492
1455 km or 904 mi Bergen
$2161