Reykjavik vs Sarajevo - Cost of Living Comparison

Updated: October 14, 2025

	Reykjavik	Sarajevo
🚶 Cost of living one person	$3268	$932
👨‍👩‍👧‍👦 Cost of living Family	$6787	$2195
🏠 One person rent	$2025	$443
🏘️ Family rent	$3029	$741
🍽️ Food expenses	$894	$342
🚐 Transport expenses	$101	$50
💳 Monthly salary after tax	$4361	$746
😷 Air quality	Excellent	Moderate
✈️ Airport proximity	4 km	8 km
🎓 Higher education	52	47
😀 Quality of life	91	66
🏙️ Population	140K	276K

The cost of living in Reykjavik is 251% more expensive than in Sarajevo. Cities ranked 88th and 6050th ($3268 vs $932) in the list of the most expensive cities in the world and ranked 1st and 1st in Iceland and Bosnia and Herzegovina, respectively. Check Iceland vs Bosnia and Herzegovina comparison.

The average after-tax salary is enough to cover living expenses for 1.3 months in Reykjavik compared to 0.8 months in Sarajevo. Reykjavik ranked 1st best city to live in Iceland vs Sarajevo ranked 1st in Bosnia and Herzegovina, while ranked 191st and 5081st among best cities to live in the world.

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Cost of living in Reykjavik vs Sarajevo infographic

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

Prices in Reykjavik vs Sarajevo

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

	Reykjavik	Sarajevo
Eating Out
🍱 Lunch Menu	$27.9	$8.93
🥂 Dinner in a Restaurant, for 2	$79.5	$29.4
🥪 Fast food meal, equiv. McDonald's	$20.5	$8.33
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$13	$2.8
☕ Cappuccino	$6.12	$2.14
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$3.33	$2.16
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$2075	$387
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1851	$272
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$3279	$710
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$2774	$482
🔌 Utility Bill one person, electricity, heating, water, etc.	$45.2	$123
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$70.4	$189
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$84	$25.4
🏦 Mortgage Interest Rate for 20 Years	9.56%	4.18%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$8015	$3478
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$6578	$2305
Transportation
🚌 Local transport ticket	$5.36	$1.2
🎟️ Monthly ticket local transport	$88.4	$31.4
🚕 Taxi Ride, 8 km or 5 mi	$28.3	$8.39
⛽ Gas / Petrol, 1 L or 0.26 gal	$2.55	$1.58
Groceries
🥛 Milk, 1 L or 1 qt	$2.04	$1.36
🍞 Bread, 0.5 kg or 1.1 lb	$4.43	$1.07
🍚 Rice, 1 kg or 2.2 lb	$3.55	$1.63
🥚 Eggs, x12	$6.58	$3.02
🧀 Cheese, 1 kg or 2.2 lb	$19.1	$11
🐔 Chicken Breast, 1 kg or 2.2 lb	$25	$7.81
🥩 Round Steak, 1 kg or 2.2 lb	$41.5	$13.7
🍏 Apples, 1 kg or 2.2 lb	$3.59	$1.48
🍌 Banana, 1 kg or 2.2 lb	$2.58	$1.87
🍊 Oranges, 1 kg or 2.2 lb	$3.35	$1.97
🍅 Tomato, 1 kg or 2.2 lb	$5.57	$2.15
🥔 Potato, 1 kg or 2.2 lb	$3.7	$1.07
🧅 Onion, 1 kg or 2.2 lb	$2.56	$1.18
🌊 Water, 1 L or 1 qt	$1.27	$0.53
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$3.04	$1.68
🍾 Wine (mid-priced), 750 mL bottle	$25.5	$8.82
🍺 Beer, 0.5 L or 16 fl oz	$3.79	$1.02
🚬 Cigarette pack	$13.6	$3.92
💊 Cold medicince, 1 week	$12.9	$9.25
🧴 Hair Shampoo	$5.86	$3.29
🧻 Toilet paper, 4 rolls	$5.2	$1.38
👄 Toothpaste, 1 tube	$3.63	$2.16
Other
🏋️ Gym Membership, 1 month	$88.2	$33.5
🎫 Cinema Ticket, 1 person	$18	$6.45
👩‍⚕️ Doctor's visit	$92.8	$29.2
💇 Haircut, simple	$46	$4.28
👖 Brand Jeans	$144	$90.6
👟 Brand Sneakers	$194	$102
👶 Daycare or Preschool, 1 month	$352	$247
🏫 International Primary School, 1 year	$30378	$3470

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	$3175
9.8 km or 6.1 mi	Hafnarfjorur	$3148
38 km or 24 mi	Keflavik	$2596
247 km or 153 mi	Akureyri	$2990
795 km or 494 mi	Torshavn	$2077
1204 km or 748 mi	Inverness	$2021
1230 km or 764 mi	Elgin	$1507
1300 km or 808 mi	Derry	$1551
1309 km or 813 mi	Greenock	$1575
1321 km or 821 mi	Aberdeen	$1769
1325 km or 823 mi	Perth	$1641
1328 km or 825 mi	Stirling	$1711
1331 km or 827 mi	Paisley	$1837
1333 km or 828 mi	Alloa	$1762
1337 km or 831 mi	Glasgow	$2058
1339 km or 832 mi	Dundee	$1480
1340 km or 833 mi	Omagh	$1703
1341 km or 833 mi	Cumbernauld	$1619
1342 km or 834 mi	Irvine	$1630
1348 km or 838 mi	East Kilbride	$1840
1349 km or 838 mi	Kilmarnock	$1527
1351 km or 839 mi	Dunfermline	$1728
1353 km or 841 mi	Hamilton	$1797
1357 km or 843 mi	Ayr	$1522
1360 km or 845 mi	Kirkcaldy	$1768
1365 km or 848 mi	Livingston	$1775
1372 km or 852 mi	Edinburgh	$2310
1382 km or 859 mi	Newtownabbey	$1808
1387 km or 862 mi	Belfast	$1884
1390 km or 864 mi	Bangor	$1484
1391 km or 864 mi	Lisburn	$1879
1401 km or 871 mi	Alesund	$1797
1413 km or 878 mi	Galway	$2768
1425 km or 886 mi	Dundalk	$1955
1431 km or 889 mi	Dumfries	$1485
1433 km or 891 mi	Nuuk	$2217
1441 km or 895 mi	Molde	$1986
1454 km or 903 mi	Kristiansund	$1887
1455 km or 904 mi	Drogheda	$2902
1455 km or 904 mi	Bergen	$2242

Cities near Sarajevo

Distance	City	Cost of living
55 km or 34 mi	Zenica	$618
75 km or 47 mi	Mostar	$760
77 km or 48 mi	Tuzla	$707
99 km or 61 mi	Doboj	$669
117 km or 73 mi	Bijeljina	$734
125 km or 78 mi	Valjevo	$883
138 km or 86 mi	Mojkovac	$1164
139 km or 86 mi	Dubrovnik	$1610
140 km or 87 mi	Banja Luka	$920
144 km or 89 mi	Cavtat	$1539
147 km or 91 mi	Slavonski Brod	$970
155 km or 96 mi	Cacak	$858
163 km or 101 mi	Kotor	$1261
163 km or 101 mi	Split	$1623
163 km or 101 mi	Berane	$1107
169 km or 105 mi	Cetinje	$967
171 km or 106 mi	Kastela	$1515
171 km or 107 mi	Sanski Most	$617
173 km or 107 mi	Podgorica	$1047
177 km or 110 mi	Hvar	$1503
179 km or 111 mi	Budva	$1195
183 km or 114 mi	Prijedor	$685
187 km or 116 mi	Novi Pazar	$828
188 km or 117 mi	Plav	$1111
189 km or 118 mi	Osijek	$1072
192 km or 119 mi	Novi Sad	$1141
194 km or 121 mi	Belgrade	$1335
203 km or 126 mi	Kragujevac	$918
203 km or 126 mi	Sibenik	$1153
204 km or 127 mi	Bar	$1115
219 km or 136 mi	Shkoder	$819
225 km or 140 mi	Ulcinj	$1107
226 km or 141 mi	Mitrovica	$557
229 km or 142 mi	Bihac	$665
246 km or 153 mi	Pecs	$1033
257 km or 160 mi	Zadar	$1322
258 km or 160 mi	Bjelovar	$1113
260 km or 161 mi	Pristina	$655
261 km or 162 mi	Baja	$965
267 km or 166 mi	Subotica	$832