Reykjavik vs Valencia, Spain - Cost of Living Comparison

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Livingcost

Reykjavik Valencia
🚶 Cost of living one person
$2723
$1437
👨‍👩‍👧‍👦 Cost of living Family
$5671
$3255
🏠 One person rent
$1643
$809
🏘️ Family rent
$2600
$1269
🍽️ Food expenses
$800
$407
🚐 Transport expenses
$86.1
$99.1
💳 Monthly salary after tax
$3682
$2194
😷 Air quality
Excellent
Good
✈️ Airport proximity
4 km
9 km
🎓 Higher education
53
75
😀 Quality of life
89
84
🏙️ Population
140K
792K

The cost of living in Reykjavik is 89% more expensive than in Valencia, Spain. Cities ranked 344th and 3662nd ($2723 vs $1437) in the list of the most expensive cities in the world and ranked 1st and 24th 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 1.5 months in Valencia, Spain. Reykjavik ranked 1st best city to live in Iceland vs Valencia, Spain ranked 5th in Spain, while ranked 152nd and 317th among best cities to live in the world.

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Cost of living in Reykjavik vs Valencia, Spain infographic

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Prices in Reykjavik vs Valencia, Spain

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

Reykjavik Valencia
Eating Out
🍱 Lunch Menu
$21.6
$13
🥂 Dinner in a Restaurant, for 2
$125
$43.7
🥪 Fast food meal, equiv. McDonald's
$16.9
$9.85
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$10.9
$3.24
 Cappuccino
$5.05
$2.26
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.94
$1.84
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1659
$869
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1492
$660
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2694
$1535
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$2395
$1015
🔌 Utility Bill one person, electricity, heating, water, etc.
$52.4
$78.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$80.5
$121
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$64.8
$28.9
🏦 Mortgage Interest Rate for 20 Years
8.07%
2.68%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$6252
$2396
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$4951
$1469
Transportation
🚌 Local transport ticket
$4.13
$1.6
🎟️ Monthly ticket local transport
$66.6
$31.3
🚕 Taxi Ride, 8 km or 5 mi
$26.3
$14
 Gas / Petrol, 1 L or 0.26 gal
$2.28
$1.7
Groceries
🥛 Milk, 1 L or 1 qt
$1.65
$1.11
🍞 Bread, 0.5 kg or 1.1 lb
$3.71
$1.02
🍚 Rice, 1 kg or 2.2 lb
$3.27
$1.19
🥚 Eggs, x12
$6.03
$2.84
🧀 Cheese, 1 kg or 2.2 lb
$15.4
$12
🐔 Chicken Breast, 1 kg or 2.2 lb
$19.8
$8
🥩 Round Steak, 1 kg or 2.2 lb
$31
$13.9
🍏 Apples, 1 kg or 2.2 lb
$3.2
$2.31
🍌 Banana, 1 kg or 2.2 lb
$2.12
$1.77
🍊 Oranges, 1 kg or 2.2 lb
$2.81
$1.88
🍅 Tomato, 1 kg or 2.2 lb
$4.84
$2.35
🥔 Potato, 1 kg or 2.2 lb
$3.07
$1.66
🧅 Onion, 1 kg or 2.2 lb
$2.14
$1.81
🌊 Water, 1 L or 1 qt
$1.44
$0.4
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.53
$2.29
🍾 Wine (mid-priced), 750 mL bottle
$20
$6.27
🍺 Beer, 0.5 L or 16 fl oz
$3.08
$1.07
🚬 Cigarette pack
$11.8
$5.83
💊 Cold medicince, 1 week
$11.6
$13.9
🧴 Hair Shampoo
$5.21
$3.97
🧻 Toilet paper, 4 rolls
$4.67
$1.89
👄 Toothpaste, 1 tube
$3.24
$2.53
Other
🏋️ Gym Membership, 1 month
$63.3
$35.8
🎫 Cinema Ticket, 1 person
$14.5
$8.59
👩‍⚕️ Doctor's visit
$83
$68.5
💇 Haircut, simple
$37.2
$15.1
👖 Brand Jeans
$105
$73.8
👟 Brand Sneakers
$142
$87.7
👶 Daycare or Preschool, 1 month
$239
$466
🏫 International Primary School, 1 year
$6072
$9302

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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 Valencia, Spain

Distance City Cost of living
25 km or 15 mi Sagunto
$1262
36 km or 22 mi Alzira
$1270
53 km or 33 mi Borriana
$1147
57 km or 36 mi Villarreal
$1128
58 km or 36 mi Gandia
$1077
62 km or 39 mi Requena
$1241
62 km or 39 mi Castellon de la Plana
$1087
74 km or 46 mi Ontinyent
$1274
81 km or 50 mi Denia
$1287
98 km or 61 mi Calp
$1478
102 km or 63 mi Villena
$1227
106 km or 66 mi Benidorm
$1297
114 km or 71 mi Yecla
$1210
116 km or 72 mi Elda
$1205
125 km or 78 mi Novelda
$1177
125 km or 78 mi Alicante
$1331
132 km or 82 mi Vinaros
$1234
136 km or 85 mi Elche
$1158
137 km or 85 mi Jumilla
$1191
138 km or 86 mi Albacete
$983
165 km or 102 mi Cuenca
$1139
168 km or 104 mi Ibiza
$2629
168 km or 104 mi Torrevieja
$1057
177 km or 110 mi Murcia
$1219
193 km or 120 mi Villarrobledo
$1203
199 km or 123 mi Caravaca de la Cruz
$1176
214 km or 133 mi Cartagena
$907
223 km or 139 mi Mazarron
$1060
229 km or 142 mi Lorca
$1149
229 km or 143 mi Tarragona
$1148
247 km or 153 mi Zaragoza
$1327
254 km or 158 mi Lleida
$1023
260 km or 161 mi Palma de Mallorca
$1710
264 km or 164 mi Vilanova i la Geltru
$1265
271 km or 168 mi Guadalajara
$1138
279 km or 173 mi Alcala de Henares
$1156
287 km or 178 mi Torrejon de Ardoz
$1219
292 km or 181 mi Coslada
$1368
292 km or 182 mi Sant Boi de Llobregat
$1400
295 km or 183 mi Cornella de Llobregat
$1426