Reykjavik vs Tenerife - Cost of Living Comparison

Updated:

Livingcost

Reykjavik Tenerife
🚶 Cost of living one person
$3322
$1774
👨‍👩‍👧‍👦 Cost of living Family
$6846
$3949
🏠 One person rent
$2058
$1040
🏘️ Family rent
$3020
$1718
🍽️ Food expenses
$916
$454
🚐 Transport expenses
$102
$138
💳 Monthly salary after tax
$4546
$1578
😷 Air quality
Excellent
Excellent
✈️ Airport proximity
4 km
25 km
🎓 Higher education
52
19
😀 Quality of life
89
67
🏙️ Population
139K
955K

The cost of living in Reykjavik is 87% more expensive than in Tenerife. Cities ranked 86th and 2952nd ($3322 vs $1774) in the list of the most expensive cities in the world and ranked 1st and 12th in Iceland and Spain, respectively. Check Iceland vs Spain comparison.

The average after-tax salary is enough to cover living expenses for 1.4 months in Reykjavik compared to 0.9 months in Tenerife. Reykjavik ranked 1st best city to live in Iceland vs Tenerife ranked 79th in Spain, while ranked 268th and 4756th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Share this infographic!

Prices in Reykjavik vs Tenerife

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

Reykjavik Tenerife
Eating Out
🍱 Lunch Menu
$28.6
$13.8
🥂 Dinner in a Restaurant, for 2
$90.8
$61.3
🥪 Fast food meal, equiv. McDonald's
$20.3
$10.9
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$12.6
$2.94
☕ Cappuccino
$6.19
$2.52
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.25
$2.01
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$2151
$1034
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1861
$912
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$3373
$1884
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$2721
$1498
🔌 Utility Bill one person, electricity, heating, water, etc.
$51.6
$71.7
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$81.7
$111
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$87.2
$32.1
🏦 Mortgage Interest Rate for 20 Years
8.79%
3.19%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$7832
$4092
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$6385
$2841
Transportation
🚌 Local transport ticket
$5.51
$1.77
🎟️ Monthly ticket local transport
$87.9
$41.3
🚕 Taxi Ride, 8 km or 5 mi
$29.5
$20.7
⛽ Gas / Petrol, 1 L or 0.26 gal
$2.49
$1.58
Groceries
🥛 Milk, 1 L or 1 qt
$1.98
$1.22
🍞 Bread, 0.5 kg or 1.1 lb
$4.44
$1.72
🍚 Rice, 1 kg or 2.2 lb
$3.58
$1.62
🥚 Eggs, x12
$6.83
$3.75
🧀 Cheese, 1 kg or 2.2 lb
$19.7
$14.3
🐔 Chicken Breast, 1 kg or 2.2 lb
$26
$10.1
🥩 Round Steak, 1 kg or 2.2 lb
$44.9
$15.2
🍏 Apples, 1 kg or 2.2 lb
$3.55
$2.31
🍌 Banana, 1 kg or 2.2 lb
$2.67
$2.27
🍊 Oranges, 1 kg or 2.2 lb
$3.41
$1.73
🍅 Tomato, 1 kg or 2.2 lb
$5.8
$2.73
🥔 Potato, 1 kg or 2.2 lb
$3.52
$2.32
🧅 Onion, 1 kg or 2.2 lb
$2.2
$2.34
🌊 Water, 1 L or 1 qt
$1.27
$0.56
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$3.01
$2.41
🍾 Wine (mid-priced), 750 mL bottle
$24.2
$5.45
🍺 Beer, 0.5 L or 16 fl oz
$3.95
$1.47
🚬 Cigarette pack
$14
$4.9
💊 Cold medicince, 1 week
$12.7
$8.27
🧴 Hair Shampoo
$5.93
$3.27
🧻 Toilet paper, 4 rolls
$5.26
$2.25
👄 Toothpaste, 1 tube
$3.63
$2.32
Other
🏋️ Gym Membership, 1 month
$95.3
$53.1
🎫 Cinema Ticket, 1 person
$18.6
$9.52
👩‍⚕️ Doctor's visit
$93.8
$83.6
💇 Haircut, simple
$46.1
$13.9
👖 Brand Jeans
$144
$90.8
👟 Brand Sneakers
$176
$98.2
👶 Daycare or Preschool, 1 month
$408
$453
🏫 International Primary School, 1 year
$30361
$6610

Cost of living in other countries

Cost of living

More cities to compare

Cost of Living in the nearest cities

Cities near Reykjavik

Distance City Cost of living
6.8 km or 4.2 mi Kopavogur
$3219
9.8 km or 6.1 mi Hafnarfjorur
$3212
38 km or 24 mi Keflavik
$2621
247 km or 153 mi Akureyri
$2974
795 km or 494 mi Torshavn
$2066
1204 km or 748 mi Inverness
$2053
1230 km or 764 mi Elgin
$1540
1300 km or 808 mi Derry
$1620
1309 km or 813 mi Greenock
$1645
1321 km or 821 mi Aberdeen
$1848
1325 km or 823 mi Perth
$1656
1328 km or 825 mi Stirling
$1852
1331 km or 827 mi Paisley
$1906
1333 km or 828 mi Alloa
$1862
1337 km or 831 mi Glasgow
$2121
1339 km or 832 mi Dundee
$1585
1340 km or 833 mi Omagh
$1769
1341 km or 833 mi Cumbernauld
$1652
1342 km or 834 mi Irvine
$1707
1348 km or 838 mi East Kilbride
$1902
1349 km or 838 mi Kilmarnock
$1568
1351 km or 839 mi Dunfermline
$1782
1353 km or 841 mi Hamilton
$1854
1357 km or 843 mi Ayr
$1588
1360 km or 845 mi Kirkcaldy
$1821
1365 km or 848 mi Livingston
$1784
1372 km or 852 mi Edinburgh
$2331
1382 km or 859 mi Newtownabbey
$1892
1387 km or 862 mi Belfast
$1954
1390 km or 864 mi Bangor
$1496
1391 km or 864 mi Lisburn
$1945
1401 km or 871 mi Alesund
$1980
1413 km or 878 mi Galway
$2978
1425 km or 886 mi Dundalk
$2179
1431 km or 889 mi Dumfries
$1490
1433 km or 891 mi Nuuk
$2363
1441 km or 895 mi Molde
$2135
1454 km or 903 mi Kristiansund
$1984
1455 km or 904 mi Drogheda
$2627
1455 km or 904 mi Bergen
$2409

Cities near Tenerife

Distance City Cost of living
14 km or 8.7 mi La Orotava
$1694
17 km or 11 mi Puerto de la Cruz
$1750
37 km or 23 mi San Cristobal de La Laguna
$1615
41 km or 26 mi Santa Cruz de Tenerife
$1654
112 km or 69 mi Santa Lucia de Tirajana
$1531
116 km or 72 mi Las Palmas
$1540
269 km or 167 mi Puerto del Rosario
$1332
272 km or 169 mi Corralejo
$1697
308 km or 191 mi Arrecife
$1388
358 km or 222 mi Laayoune
$635
487 km or 302 mi Canico
$1628
488 km or 303 mi Funchal
$1682
488 km or 303 mi Camara de Lobos
$1622
490 km or 305 mi Santa Cruz
$1627
495 km or 307 mi Machico
$1629
715 km or 444 mi Taghazout
$617
721 km or 448 mi Agadir
$647
726 km or 451 mi Ait Melloul
$599
751 km or 467 mi Essaouira
$692
837 km or 520 mi Safi
$539
911 km or 566 mi Marrakesh
$769
951 km or 591 mi El Jadida
$558
1041 km or 647 mi Casablanca
$953
1061 km or 659 mi Khouribga
$513
1065 km or 662 mi Mohammedia
$732
1082 km or 672 mi Beni Mellal
$482
1116 km or 694 mi Temara
$671
1128 km or 701 mi Rabat
$773
1131 km or 703 mi Sale
$598
1135 km or 705 mi Nouakchott
$659
1161 km or 721 mi Kenitra
$612
1223 km or 760 mi Meknes
$589
1230 km or 764 mi Lagos
$1772
1241 km or 771 mi Portimao
$1432
1245 km or 774 mi Lagoa
$1510
1251 km or 777 mi Silves
$1545
1253 km or 779 mi Albufeira
$1979
1266 km or 787 mi Faro
$1471
1271 km or 790 mi Loule
$1581
1272 km or 791 mi Olhao
$1490