Reykjavik vs Stockholm - Cost of Living Comparison

Updated: March 02, 2025

	Reykjavik	Stockholm
🚶 Cost of living one person	$2938	$2039
👨‍👩‍👧‍👦 Cost of living Family	$5875	$4469
🏠 One person rent	$1801	$1143
🏘️ Family rent	$2674	$1940
🍽️ Food expenses	$827	$543
🚐 Transport expenses	$90.1	$213
💳 Monthly salary after tax	$3761	$3371
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	4 km	8 km
🎓 Higher education	53	95
😀 Quality of life	89	95
🏙️ Population	140K	985K

The cost of living in Reykjavik is 44% more expensive than in Stockholm. Cities ranked 200th and 1732nd ($2938 vs $2039) in the list of the most expensive cities in the world and ranked 1st and 1st in Iceland and Sweden, respectively. Check Iceland vs Sweden comparison.

The average after-tax salary is enough to cover living expenses for 1.3 months in Reykjavik compared to 1.7 months in Stockholm. Reykjavik ranked 1st best city to live in Iceland vs Stockholm ranked 1st in Sweden, while ranked 194th and 20th among best cities to live in the world.

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the estimated difference in money purchasing power

Cost of living in Reykjavik vs Stockholm infographic

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

Prices in Reykjavik vs Stockholm

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

	Reykjavik	Stockholm
Eating Out
🍱 Lunch Menu	$21.5	$12.9
🥂 Dinner in a Restaurant, for 2	$137	$76.7
🥪 Fast food meal, equiv. McDonald's	$17.9	$10.2
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$10.8	$7.33
☕ Cappuccino	$5.37	$4.65
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$3.09	$2.61
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1839	$1344
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1650	$920
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2869	$2403
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$2456	$1579
🔌 Utility Bill one person, electricity, heating, water, etc.	$42.1	$106
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$64.6	$164
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$71.4	$31.9
🏦 Mortgage Interest Rate for 20 Years	9.41%	4.23%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$6649	$10193
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$5599	$5579
Transportation
🚌 Local transport ticket	$4.52	$3.94
🎟️ Monthly ticket local transport	$75.8	$95.8
🚕 Taxi Ride, 8 km or 5 mi	$26.4	$25
⛽ Gas / Petrol, 1 L or 0.26 gal	$2.23	$1.68
Groceries
🥛 Milk, 1 L or 1 qt	$1.66	$1.51
🍞 Bread, 0.5 kg or 1.1 lb	$3.74	$2.67
🍚 Rice, 1 kg or 2.2 lb	$3.24	$3.17
🥚 Eggs, x12	$5.94	$4.33
🧀 Cheese, 1 kg or 2.2 lb	$15.8	$10.9
🐔 Chicken Breast, 1 kg or 2.2 lb	$20.9	$13
🥩 Round Steak, 1 kg or 2.2 lb	$37	$17.2
🍏 Apples, 1 kg or 2.2 lb	$2.94	$3.04
🍌 Banana, 1 kg or 2.2 lb	$2.25	$2.53
🍊 Oranges, 1 kg or 2.2 lb	$2.73	$3.06
🍅 Tomato, 1 kg or 2.2 lb	$4.73	$3.84
🥔 Potato, 1 kg or 2.2 lb	$3.26	$1.71
🧅 Onion, 1 kg or 2.2 lb	$2.11	$1.69
🌊 Water, 1 L or 1 qt	$1.36	$0.93
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.69	$2.4
🍾 Wine (mid-priced), 750 mL bottle	$21.6	$11.8
🍺 Beer, 0.5 L or 16 fl oz	$3.26	$1.97
🚬 Cigarette pack	$12.3	$7
💊 Cold medicince, 1 week	$10.4	$9.33
🧴 Hair Shampoo	$5.23	$3.33
🧻 Toilet paper, 4 rolls	$4.55	$3.05
👄 Toothpaste, 1 tube	$3.2	$2.01
Other
🏋️ Gym Membership, 1 month	$73.2	$40.5
🎫 Cinema Ticket, 1 person	$15.9	$15.5
👩‍⚕️ Doctor's visit	$82.2	$28.2
💇 Haircut, simple	$45.6	$28.9
👖 Brand Jeans	$128	$86.3
👟 Brand Sneakers	$162	$106
👶 Daycare or Preschool, 1 month	$279	$145
🏫 International Primary School, 1 year	$2532	$5804

Cost of living in other countries

Cost of living

$349

$907

$6.64K

Cost of Living in the nearest cities

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

Cities near Stockholm

Distance	City	Cost of living
5.1 km or 3.2 mi	Solna	$1783
5.2 km or 3.3 mi	Lidingo	$957
13 km or 7.9 mi	Taby	$1570
16 km or 9.9 mi	Sollentuna	$1734
21 km or 13 mi	Tumba	$1568
21 km or 13 mi	Akersberga	$1487
31 km or 19 mi	Sodertalje	$1592
35 km or 22 mi	Marsta	$1510
35 km or 22 mi	Sigtuna	$1510
63 km or 39 mi	Uppsala	$1416
87 km or 54 mi	Nykoping	$1412
92 km or 57 mi	Eskilstuna	$1252
92 km or 57 mi	Vasteras	$1327
105 km or 65 mi	Sala	$1244
138 km or 86 mi	Norrkoping	$1242
158 km or 98 mi	Gavle	$1411
163 km or 101 mi	Orebro	$1171
174 km or 108 mi	Linkoping	$1302
185 km or 115 mi	Ludvika	$1178
190 km or 118 mi	Visby	$1273
195 km or 121 mi	Borlange	$1599
195 km or 121 mi	Falun	$1648
253 km or 157 mi	Mariestad	$1373
258 km or 161 mi	Karlstad	$1279
262 km or 163 mi	Raisio	$1450
264 km or 164 mi	Skovde	$1473
265 km or 165 mi	Turku	$1495
268 km or 167 mi	Kaarina	$1450
271 km or 168 mi	Mora	$1367
274 km or 170 mi	Vetlanda	$1434
275 km or 171 mi	Rauma	$1254
281 km or 175 mi	Kuressaare	$1064
284 km or 177 mi	Jonkoping	$1373
297 km or 184 mi	Ventspils	$869
306 km or 190 mi	Salo	$1396
310 km or 193 mi	Raseborg	$1441
312 km or 194 mi	Arvika	$1251
313 km or 195 mi	Kalmar	$1457
315 km or 196 mi	Pori	$1239
332 km or 206 mi	Vaxjo	$1331