Perth vs Reykjavik - Cost of Living Comparison

Updated: March 01, 2024

	Perth	Reykjavik
🚶 Cost of living one person	$2292	$2723
👨‍👩‍👧‍👦 Cost of living Family	$5119	$5671
🏠 One person rent	$1352	$1643
🏘️ Family rent	$2099	$2600
🍽️ Food expenses	$555	$800
🚐 Transport expenses	$242	$86.1
💳 Monthly salary after tax	$3624	$3682
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	10 km	4 km
🎓 Higher education	93	53
😀 Quality of life	96	89
🏙️ Population	2.14M	140K

The cost of living in Perth is 16% less expensive than in Reykjavik. Cities ranked 1068th and 344th ($2292 vs $2723) in the list of the most expensive cities in the world and ranked 6th and 1st in Australia and Iceland, respectively. Check Australia vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 1.6 months in Perth compared to 1.4 months in Reykjavik. Perth ranked 3rd best city to live in Australia vs Reykjavik ranked 1st in Iceland, while ranked 10th and 152nd among best cities to live in the world.

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Cost of living in Perth vs Reykjavik infographic

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

Prices in Perth vs Reykjavik

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

	Perth	Reykjavik
Eating Out
🍱 Lunch Menu	$14.2	$21.6
🥂 Dinner in a Restaurant, for 2	$80.6	$125
🥪 Fast food meal, equiv. McDonald's	$10.3	$16.9
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$7.56	$10.9
☕ Cappuccino	$3.65	$5.05
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.66	$2.94
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1464	$1659
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1088	$1492
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2313	$2694
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1714	$2395
🔌 Utility Bill one person, electricity, heating, water, etc.	$130	$52.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$206	$80.5
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$59.3	$64.8
🏦 Mortgage Interest Rate for 20 Years	6.51%	8.07%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$7584	$6252
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$6088	$4951
Transportation
🚌 Local transport ticket	$2.91	$4.13
🎟️ Monthly ticket local transport	$110	$66.6
🚕 Taxi Ride, 8 km or 5 mi	$18.6	$26.3
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.25	$2.28
Groceries
🥛 Milk, 1 L or 1 qt	$1.55	$1.65
🍞 Bread, 0.5 kg or 1.1 lb	$2.05	$3.71
🍚 Rice, 1 kg or 2.2 lb	$1.99	$3.27
🥚 Eggs, x12	$4.26	$6.03
🧀 Cheese, 1 kg or 2.2 lb	$12.1	$15.4
🐔 Chicken Breast, 1 kg or 2.2 lb	$9.48	$19.8
🥩 Round Steak, 1 kg or 2.2 lb	$13.3	$31
🍏 Apples, 1 kg or 2.2 lb	$3.58	$3.2
🍌 Banana, 1 kg or 2.2 lb	$2.75	$2.12
🍊 Oranges, 1 kg or 2.2 lb	$3.19	$2.81
🍅 Tomato, 1 kg or 2.2 lb	$3.83	$4.84
🥔 Potato, 1 kg or 2.2 lb	$2.31	$3.07
🧅 Onion, 1 kg or 2.2 lb	$2.01	$2.14
🌊 Water, 1 L or 1 qt	$1.26	$1.44
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.49	$2.53
🍾 Wine (mid-priced), 750 mL bottle	$12.8	$20
🍺 Beer, 0.5 L or 16 fl oz	$5.03	$3.08
🚬 Cigarette pack	$29	$11.8
💊 Cold medicince, 1 week	$4.86	$11.6
🧴 Hair Shampoo	$4	$5.21
🧻 Toilet paper, 4 rolls	$2.56	$4.67
👄 Toothpaste, 1 tube	$2.39	$3.24
Other
🏋️ Gym Membership, 1 month	$43.6	$63.3
🎫 Cinema Ticket, 1 person	$14.8	$14.5
👩‍⚕️ Doctor's visit	$50.1	$83
💇 Haircut, simple	$14.8	$37.2
👖 Brand Jeans	$87.2	$105
👟 Brand Sneakers	$127	$142
👶 Daycare or Preschool, 1 month	$1668	$239
🏫 International Primary School, 1 year	$12548	$6072

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Perth

Distance	City	Cost of living
156 km or 97 mi	Bunbury	$1601
195 km or 121 mi	Busselton	$2052
372 km or 231 mi	Geraldton	$1612
390 km or 242 mi	Albany	$1761
549 km or 341 mi	Kalgoorlie	$1635
1989 km or 1236 mi	Whyalla	$1888
1991 km or 1237 mi	Alice Springs	$1444
2130 km or 1323 mi	Adelaide	$2180
2357 km or 1465 mi	Mount Gambier	$1622
2456 km or 1526 mi	Mildura	$1462
2513 km or 1562 mi	Warrnambool	$1639
2550 km or 1584 mi	Kupang	$502
2590 km or 1609 mi	Denpasar	$546
2599 km or 1615 mi	Mataram	$361
2608 km or 1620 mi	Ubud	$870
2609 km or 1621 mi	Bali	$873
2621 km or 1629 mi	Ballarat	$1327
2628 km or 1633 mi	Bima	$556
2652 km or 1648 mi	Bendigo	$1317
2655 km or 1650 mi	Darwin	$1859
2672 km or 1660 mi	Geelong	$1688
2680 km or 1665 mi	Blitar	$427
2687 km or 1669 mi	Malang	$383
2687 km or 1670 mi	Melton	$1708
2696 km or 1675 mi	Tarneit	$1658
2698 km or 1676 mi	Sunbury	$1746
2699 km or 1677 mi	Hoppers Crossing	$1673
2700 km or 1678 mi	Batu	$403
2705 km or 1681 mi	Probolinggo	$469
2713 km or 1686 mi	Kediri	$439
2721 km or 1690 mi	Pasuruan	$454
2722 km or 1691 mi	Melbourne	$2356
2724 km or 1693 mi	South Yarra	$1702
2730 km or 1696 mi	Maliana	$505
2740 km or 1703 mi	Frankston	$1707
2741 km or 1703 mi	Ainaro	$506
2742 km or 1703 mi	Madiun	$440
2745 km or 1706 mi	Yogyakarta	$427
2745 km or 1706 mi	Mojokerto	$459
2745 km or 1706 mi	Dandenong	$1693

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