Reykjavik vs Rome - Cost of Living Comparison

Updated: March 01, 2024

	Reykjavik	Rome
🚶 Cost of living one person	$2723	$1697
👨‍👩‍👧‍👦 Cost of living Family	$5671	$4149
🏠 One person rent	$1643	$891
🏘️ Family rent	$2600	$1673
🍽️ Food expenses	$800	$485
🚐 Transport expenses	$86.1	$170
💳 Monthly salary after tax	$3682	$1795
😷 Air quality	Excellent	Moderate
✈️ Airport proximity	4 km	7 km
🎓 Higher education	53	92
😀 Quality of life	89	87
🏙️ Population	140K	2.87M

The cost of living in Reykjavik is 60% more expensive than in Rome. Cities ranked 344th and 2685th ($2723 vs $1697) in the list of the most expensive cities in the world and ranked 1st and 4th in Iceland and Italy, respectively. Check Iceland vs Italy comparison.

The average after-tax salary is enough to cover living expenses for 1.4 months in Reykjavik compared to 1.1 months in Rome. Reykjavik ranked 1st best city to live in Iceland vs Rome ranked 1st in Italy, while ranked 152nd and 230th among best cities to live in the world.

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Cost of living in Reykjavik vs Rome infographic

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Prices in Reykjavik vs Rome

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

	Reykjavik	Rome
Eating Out
🍱 Lunch Menu	$21.6	$14.9
🥂 Dinner in a Restaurant, for 2	$125	$60.2
🥪 Fast food meal, equiv. McDonald's	$16.9	$10.8
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$10.9	$5.43
☕ Cappuccino	$5.05	$1.63
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.94	$2.19
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1659	$1043
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1492	$645
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2694	$2193
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$2395	$1248
🔌 Utility Bill one person, electricity, heating, water, etc.	$52.4	$136
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$80.5	$206
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$64.8	$30.2
🏦 Mortgage Interest Rate for 20 Years	8.07%	4.74%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$6252	$7657
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$4951	$3688
Transportation
🚌 Local transport ticket	$4.13	$1.63
🎟️ Monthly ticket local transport	$66.6	$37.7
🚕 Taxi Ride, 8 km or 5 mi	$26.3	$16.4
⛽ Gas / Petrol, 1 L or 0.26 gal	$2.28	$1.96
Groceries
🥛 Milk, 1 L or 1 qt	$1.65	$1.58
🍞 Bread, 0.5 kg or 1.1 lb	$3.71	$1.85
🍚 Rice, 1 kg or 2.2 lb	$3.27	$2.42
🥚 Eggs, x12	$6.03	$4.15
🧀 Cheese, 1 kg or 2.2 lb	$15.4	$15.3
🐔 Chicken Breast, 1 kg or 2.2 lb	$19.8	$12.3
🥩 Round Steak, 1 kg or 2.2 lb	$31	$16.7
🍏 Apples, 1 kg or 2.2 lb	$3.2	$2.43
🍌 Banana, 1 kg or 2.2 lb	$2.12	$2.09
🍊 Oranges, 1 kg or 2.2 lb	$2.81	$2.33
🍅 Tomato, 1 kg or 2.2 lb	$4.84	$2.81
🥔 Potato, 1 kg or 2.2 lb	$3.07	$1.81
🧅 Onion, 1 kg or 2.2 lb	$2.14	$1.77
🌊 Water, 1 L or 1 qt	$1.44	$0.28
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.53	$2.07
🍾 Wine (mid-priced), 750 mL bottle	$20	$4.74
🍺 Beer, 0.5 L or 16 fl oz	$3.08	$1.64
🚬 Cigarette pack	$11.8	$6.67
💊 Cold medicince, 1 week	$11.6	$9.68
🧴 Hair Shampoo	$5.21	$4.26
🧻 Toilet paper, 4 rolls	$4.67	$2.92
👄 Toothpaste, 1 tube	$3.24	$3.14
Other
🏋️ Gym Membership, 1 month	$63.3	$59.2
🎫 Cinema Ticket, 1 person	$14.5	$10.8
👩‍⚕️ Doctor's visit	$83	$105
💇 Haircut, simple	$37.2	$20.2
👖 Brand Jeans	$105	$69.6
👟 Brand Sneakers	$142	$80.8
👶 Daycare or Preschool, 1 month	$239	$509
🏫 International Primary School, 1 year	$6072	$9800

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

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

Cities near Rome

Distance	City	Cost of living
2.7 km or 1.7 mi	Vatican City	$916
19 km or 12 mi	Frascati	$1604
34 km or 21 mi	Ladispoli	$1504
44 km or 27 mi	Cisterna di Latina	$1351
47 km or 29 mi	Colleferro	$1425
51 km or 32 mi	Anzio	$1363
59 km or 37 mi	Latina	$1049
61 km or 38 mi	Civitavecchia	$1698
65 km or 40 mi	Rieti	$1261
66 km or 41 mi	Viterbo	$1332
76 km or 47 mi	Terni	$1024
78 km or 48 mi	Frosinone	$1011
80 km or 49 mi	Avezzano	$1104
91 km or 56 mi	L'Aquila	$964
93 km or 58 mi	Terracina	$1339
120 km or 74 mi	Foligno	$1092
132 km or 82 mi	Teramo	$1067
136 km or 84 mi	Perugia	$1056
140 km or 87 mi	Ascoli Piceno	$1166
148 km or 92 mi	Chieti	$1324
156 km or 97 mi	Pescara	$1066
170 km or 106 mi	Aversa	$1294
173 km or 107 mi	Santa Maria Capua Vetere	$1298
174 km or 108 mi	Fermo	$1231
175 km or 109 mi	Macerata	$1173
178 km or 111 mi	Giugliano in Campania	$1285
179 km or 112 mi	Caserta	$1321
181 km or 113 mi	Arezzo	$1328
183 km or 114 mi	Frattamaggiore	$1280
184 km or 115 mi	Siena	$1516
185 km or 115 mi	Campobasso	$1151
187 km or 116 mi	Civitanova Marche	$1231
189 km or 117 mi	Naples	$1337
209 km or 130 mi	Ancona	$1293
210 km or 130 mi	Benevento	$1230
213 km or 133 mi	Castellammare di Stabia	$1347
221 km or 137 mi	Avellino	$1065
221 km or 137 mi	Fano	$1090
226 km or 140 mi	Amalfi	$1527
227 km or 141 mi	San Marino City	$1229