Reykjavik vs Rome - Cost of Living Comparison

Updated: October 10, 2024

	Reykjavik	Rome
🚶 Cost of living one person	$2915	$1750
👨‍👩‍👧‍👦 Cost of living Family	$5968	$4293
🏠 One person rent	$1781	$929
🏘️ Family rent	$2749	$1751
🍽️ Food expenses	$832	$489
🚐 Transport expenses	$88.7	$171
💳 Monthly salary after tax	$3918	$1885
😷 Air quality	Excellent	Moderate
✈️ Airport proximity	4 km	7 km
🎓 Higher education	53	92
😀 Quality of life	89	86
🏙️ Population	140K	2.75M

The cost of living in Reykjavik is 67% more expensive than in Rome. Cities ranked 204th and 2722nd ($2915 vs $1750) in the list of the most expensive cities in the world and ranked 1st and 2nd in Iceland and Italy, respectively. Check Iceland vs Italy comparison.

The average after-tax salary is enough to cover living expenses for 1.3 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 189th and 294th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Reykjavik vs Rome infographic

Share this infographic!

Use the link below to embed the infographic from our site and automatically keep the data layer up to date.

If you prefer to download the image, please credit us as a source.

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

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	$22	$15.4
🥂 Dinner in a Restaurant, for 2	$125	$64.1
🥪 Fast food meal, equiv. McDonald's	$18.5	$11
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$11.1	$5.57
☕ Cappuccino	$5.35	$1.73
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$3.27	$2.25
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1809	$1074
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1626	$679
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2822	$2242
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$2552	$1322
🔌 Utility Bill one person, electricity, heating, water, etc.	$44.2	$140
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$68.4	$215
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$74.1	$30.3
🏦 Mortgage Interest Rate for 20 Years	8.55%	4.61%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$6498	$7363
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$5311	$3723
Transportation
🚌 Local transport ticket	$4.63	$1.66
🎟️ Monthly ticket local transport	$77.2	$38.7
🚕 Taxi Ride, 8 km or 5 mi	$24.8	$16.5
⛽ Gas / Petrol, 1 L or 0.26 gal	$2.29	$2.01
Groceries
🥛 Milk, 1 L or 1 qt	$1.72	$1.71
🍞 Bread, 0.5 kg or 1.1 lb	$3.66	$1.7
🍚 Rice, 1 kg or 2.2 lb	$3.25	$2.31
🥚 Eggs, x12	$5.9	$4.34
🧀 Cheese, 1 kg or 2.2 lb	$16	$15.7
🐔 Chicken Breast, 1 kg or 2.2 lb	$21.4	$11.5
🥩 Round Steak, 1 kg or 2.2 lb	$37.6	$17.6
🍏 Apples, 1 kg or 2.2 lb	$3.07	$2.51
🍌 Banana, 1 kg or 2.2 lb	$2.29	$2.12
🍊 Oranges, 1 kg or 2.2 lb	$2.72	$2.12
🍅 Tomato, 1 kg or 2.2 lb	$4.99	$2.77
🥔 Potato, 1 kg or 2.2 lb	$3.21	$1.79
🧅 Onion, 1 kg or 2.2 lb	$2.16	$1.79
🌊 Water, 1 L or 1 qt	$1.37	$0.29
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.74	$2.3
🍾 Wine (mid-priced), 750 mL bottle	$22	$4.91
🍺 Beer, 0.5 L or 16 fl oz	$3.27	$1.68
🚬 Cigarette pack	$12.2	$7.09
💊 Cold medicince, 1 week	$11.6	$9.23
🧴 Hair Shampoo	$5.36	$4.45
🧻 Toilet paper, 4 rolls	$4.68	$3.04
👄 Toothpaste, 1 tube	$3.32	$3.03
Other
🏋️ Gym Membership, 1 month	$71.8	$57
🎫 Cinema Ticket, 1 person	$15.1	$11
👩‍⚕️ Doctor's visit	$84.7	$123
💇 Haircut, simple	$47.4	$21
👖 Brand Jeans	$112	$70.9
👟 Brand Sneakers	$155	$83.4
👶 Daycare or Preschool, 1 month	$254	$513
🏫 International Primary School, 1 year	$6167	$10781

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	$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

Cities near Rome

Distance	City	Cost of living
2.7 km or 1.7 mi	Vatican City	$928
19 km or 12 mi	Frascati	$1654
34 km or 21 mi	Ladispoli	$1492
44 km or 27 mi	Cisterna di Latina	$1427
47 km or 29 mi	Colleferro	$1316
51 km or 32 mi	Anzio	$1400
59 km or 37 mi	Latina	$1324
61 km or 38 mi	Civitavecchia	$1545
65 km or 40 mi	Rieti	$1277
66 km or 41 mi	Viterbo	$1287
76 km or 47 mi	Terni	$1061
78 km or 48 mi	Frosinone	$1058
80 km or 49 mi	Avezzano	$1117
91 km or 56 mi	L'Aquila	$1168
93 km or 58 mi	Terracina	$1424
120 km or 74 mi	Foligno	$1268
132 km or 82 mi	Teramo	$1034
136 km or 84 mi	Perugia	$1129
140 km or 87 mi	Ascoli Piceno	$1188
148 km or 92 mi	Chieti	$1363
156 km or 97 mi	Pescara	$1340
170 km or 106 mi	Aversa	$1148
173 km or 107 mi	Santa Maria Capua Vetere	$1148
174 km or 108 mi	Fermo	$1301
175 km or 109 mi	Macerata	$1259
178 km or 111 mi	Giugliano in Campania	$1320
179 km or 112 mi	Caserta	$1294
181 km or 113 mi	Arezzo	$1249
183 km or 114 mi	Frattamaggiore	$1323
184 km or 115 mi	Siena	$1601
185 km or 115 mi	Campobasso	$1212
187 km or 116 mi	Civitanova Marche	$1231
189 km or 117 mi	Naples	$1449
209 km or 130 mi	Ancona	$1342
210 km or 130 mi	Benevento	$1199
213 km or 133 mi	Castellammare di Stabia	$1400
221 km or 137 mi	Avellino	$1208
221 km or 137 mi	Fano	$1240
226 km or 140 mi	Amalfi	$1632
227 km or 141 mi	San Marino City	$1262