Omaha vs Reykjavik - Cost of Living Comparison

Updated:

Livingcost

Omaha Reykjavik
🚶 Cost of living one person
$2068
$2938
👨‍👩‍👧‍👦 Cost of living Family
$5023
$5875
🏠 One person rent
$1218
$1801
🏘️ Family rent
$2227
$2674
🍽️ Food expenses
$605
$827
🚐 Transport expenses
$97.1
$90.1
💳 Monthly salary after tax
$4141
$3761
😷 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 30% less expensive than in Reykjavik. Cities ranked 1666th and 200th ($2068 vs $2938) in the list of the most expensive cities in the world and ranked 1477th 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 2 months in Omaha compared to 1.3 months in Reykjavik. Omaha ranked 57th best city to live in the United States vs Reykjavik ranked 1st in Iceland, while ranked 242nd and 194th 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
$17.4
$21.5
🥂 Dinner in a Restaurant, for 2
$65.2
$137
🥪 Fast food meal, equiv. McDonald's
$11.1
$17.9
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.92
$10.8
 Cappuccino
$4.78
$5.37
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.03
$3.09
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1167
$1839
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$918
$1650
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2548
$2869
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1708
$2456
🔌 Utility Bill one person, electricity, heating, water, etc.
$186
$42.1
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$288
$64.6
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$63.3
$71.4
🏦 Mortgage Interest Rate for 20 Years
6.62%
9.41%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1944
$6649
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1801
$5599
Transportation
🚌 Local transport ticket
$1.25
$4.52
🎟️ Monthly ticket local transport
$55.5
$75.8
🚕 Taxi Ride, 8 km or 5 mi
$16.8
$26.4
 Gas / Petrol, 1 L or 0.26 gal
$0.85
$2.23
Groceries
🥛 Milk, 1 L or 1 qt
$0.92
$1.66
🍞 Bread, 0.5 kg or 1.1 lb
$3
$3.74
🍚 Rice, 1 kg or 2.2 lb
$3.91
$3.24
🥚 Eggs, x12
$3.48
$5.94
🧀 Cheese, 1 kg or 2.2 lb
$12.5
$15.8
🐔 Chicken Breast, 1 kg or 2.2 lb
$10.6
$20.9
🥩 Round Steak, 1 kg or 2.2 lb
$15.7
$37
🍏 Apples, 1 kg or 2.2 lb
$5.41
$2.94
🍌 Banana, 1 kg or 2.2 lb
$2.22
$2.25
🍊 Oranges, 1 kg or 2.2 lb
$6.02
$2.73
🍅 Tomato, 1 kg or 2.2 lb
$4.35
$4.73
🥔 Potato, 1 kg or 2.2 lb
$1.86
$3.26
🧅 Onion, 1 kg or 2.2 lb
$2.8
$2.11
🌊 Water, 1 L or 1 qt
$1.69
$1.36
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.69
$2.69
🍾 Wine (mid-priced), 750 mL bottle
$15.5
$21.6
🍺 Beer, 0.5 L or 16 fl oz
$2.96
$3.26
🚬 Cigarette pack
$8.97
$12.3
💊 Cold medicince, 1 week
$9.36
$10.4
🧴 Hair Shampoo
$5.97
$5.23
🧻 Toilet paper, 4 rolls
$4.51
$4.55
👄 Toothpaste, 1 tube
$2.24
$3.2
Other
🏋️ Gym Membership, 1 month
$43.7
$73.2
🎫 Cinema Ticket, 1 person
$13.5
$15.9
👩‍⚕️ Doctor's visit
$95.9
$82.2
💇 Haircut, simple
$18.4
$45.6
👖 Brand Jeans
$57.4
$128
👟 Brand Sneakers
$94.9
$162
👶 Daycare or Preschool, 1 month
$917
$279
🏫 International Primary School, 1 year
$24732
$2532

Cost of living in other countries

OmahaReykjavik

Cost of living

$349

$907

$6.64K

More cities to compare

Cost of Living in the nearest cities

Cities near Omaha

Distance City Cost of living
13 km or 8.1 mi Council Bluffs
$1794
14 km or 8.6 mi Bellevue
$2014
44 km or 27 mi Fremont
$1994
75 km or 47 mi Lincoln
$1698
114 km or 71 mi Columbus
$1996
140 km or 87 mi Sioux
$1759
145 km or 90 mi Norfolk
$1949
183 km or 114 mi Waukee
$1859
194 km or 121 mi Urbandale
$1865
195 km or 121 mi St. Joseph
$2000
195 km or 121 mi West Des Moines
$1878
198 km or 123 mi Johnston
$1857
200 km or 124 mi Grand Island
$1853
203 km or 126 mi Des Moines
$1831
205 km or 128 mi Fort Dodge
$1854
207 km or 129 mi Ankeny
$1706
213 km or 133 mi Hastings
$1829
217 km or 135 mi Ames
$1709
236 km or 147 mi Manhattan
$1777
236 km or 147 mi Leavenworth
$2092
248 km or 154 mi Topeka
$1649
259 km or 161 mi Junction
$1993
259 km or 161 mi Sioux Falls
$1848
260 km or 161 mi Gladstone
$1992
263 km or 163 mi Liberty
$1922
264 km or 164 mi Lawrence
$1720
265 km or 165 mi Kearney
$1684
266 km or 165 mi Kansas City
$2196
272 km or 169 mi Marshalltown
$1710
272 km or 169 mi Shawnee
$2259
275 km or 171 mi Kansas
$2121
277 km or 172 mi Lenexa
$2322
278 km or 173 mi Independence
$1825
279 km or 173 mi Prairie Village
$2312
283 km or 176 mi Overland Park
$2437
285 km or 177 mi Olathe
$2290
285 km or 177 mi Raytown
$2039
287 km or 178 mi Leawood
$2325
288 km or 179 mi Gardner
$2124
291 km or 181 mi Blue Springs
$1979

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