Reykjavik vs Valletta - Cost of Living Comparison

Updated: March 02, 2025

	Reykjavik	Valletta
🚶 Cost of living one person	$2938	$1583
👨‍👩‍👧‍👦 Cost of living Family	$5875	$3682
🏠 One person rent	$1801	$923
🏘️ Family rent	$2674	$1737
🍽️ Food expenses	$827	$487
🚐 Transport expenses	$90.1	$58.3
💳 Monthly salary after tax	$3761	$1922
😷 Air quality	Excellent	Moderate
✈️ Airport proximity	4 km	5 km
🎓 Higher education	53	37
😀 Quality of life	89	73
🏙️ Population	140K	6.44K

The cost of living in Reykjavik is 86% more expensive than in Valletta. Cities ranked 200th and 3109th ($2938 vs $1583) in the list of the most expensive cities in the world and ranked 1st and 3rd in Iceland and Malta, respectively. Check Iceland vs Malta comparison.

The average after-tax salary is enough to cover living expenses for 1.3 months in Reykjavik compared to 1.2 months in Valletta. Reykjavik ranked 1st best city to live in Iceland vs Valletta ranked 5th in Malta, while ranked 194th and 1378th among best cities to live in the world.

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Cost of living in Reykjavik vs Valletta infographic

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Prices in Reykjavik vs Valletta

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

	Reykjavik	Valletta
Eating Out
🍱 Lunch Menu	$21.5	$18.6
🥂 Dinner in a Restaurant, for 2	$137	$75.1
🥪 Fast food meal, equiv. McDonald's	$17.9	$9.72
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$10.8	$4.07
☕ Cappuccino	$5.37	$2.76
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$3.09	$2.63
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1839	$1033
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1650	$785
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2869	$2137
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$2456	$1490
🔌 Utility Bill one person, electricity, heating, water, etc.	$42.1	$53.8
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$64.6	$82.9
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$71.4	$34.9
🏦 Mortgage Interest Rate for 20 Years	9.41%	5.01%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$6649	$5286
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$5599	$3962
Transportation
🚌 Local transport ticket	$4.52	$2.37
🎟️ Monthly ticket local transport	$75.8	$28.9
🚕 Taxi Ride, 8 km or 5 mi	$26.4	$24.2
⛽ Gas / Petrol, 1 L or 0.26 gal	$2.23	$1.42
Groceries
🥛 Milk, 1 L or 1 qt	$1.66	$1.2
🍞 Bread, 0.5 kg or 1.1 lb	$3.74	$1.42
🍚 Rice, 1 kg or 2.2 lb	$3.24	$2.74
🥚 Eggs, x12	$5.94	$3.06
🧀 Cheese, 1 kg or 2.2 lb	$15.8	$10.9
🐔 Chicken Breast, 1 kg or 2.2 lb	$20.9	$9.35
🥩 Round Steak, 1 kg or 2.2 lb	$37	$15.1
🍏 Apples, 1 kg or 2.2 lb	$2.94	$2.92
🍌 Banana, 1 kg or 2.2 lb	$2.25	$1.71
🍊 Oranges, 1 kg or 2.2 lb	$2.73	$1.9
🍅 Tomato, 1 kg or 2.2 lb	$4.73	$3.35
🥔 Potato, 1 kg or 2.2 lb	$3.26	$1.8
🧅 Onion, 1 kg or 2.2 lb	$2.11	$1.87
🌊 Water, 1 L or 1 qt	$1.36	$0.64
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.69	$1.89
🍾 Wine (mid-priced), 750 mL bottle	$21.6	$6.47
🍺 Beer, 0.5 L or 16 fl oz	$3.26	$1.68
🚬 Cigarette pack	$12.3	$5.83
💊 Cold medicince, 1 week	$10.4	$7.02
🧴 Hair Shampoo	$5.23	$4.28
🧻 Toilet paper, 4 rolls	$4.55	$2.13
👄 Toothpaste, 1 tube	$3.2	$2.32
Other
🏋️ Gym Membership, 1 month	$73.2	$51.2
🎫 Cinema Ticket, 1 person	$15.9	$13.1
👩‍⚕️ Doctor's visit	$82.2	$18
💇 Haircut, simple	$45.6	$10.4
👖 Brand Jeans	$128	$94.1
👟 Brand Sneakers	$162	$100
👶 Daycare or Preschool, 1 month	$279	$236
🏫 International Primary School, 1 year	$2532	$8456

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	$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 Valletta

Distance	City	Cost of living
1.8 km or 1.1 mi	Sliema	$1749
1.9 km or 1.2 mi	Gzira	$1624
3.2 km or 2 mi	Zabbar	$1415
3.3 km or 2.1 mi	San Gwann	$1555
4.1 km or 2.6 mi	Birkirkara	$1524
6.3 km or 3.9 mi	Marsaskala	$1325
6.4 km or 4 mi	Naxxar	$1486
7.1 km or 4.4 mi	Mosta	$1346
11 km or 7.1 mi	St. Paul's Bay	$1384
116 km or 72 mi	Ragusa	$1106
132 km or 82 mi	Gela	$941
140 km or 87 mi	Niscemi	$1077
148 km or 92 mi	Syracuse	$1098
178 km or 111 mi	Agrigento	$971
186 km or 115 mi	Catania	$1161
266 km or 166 mi	Reggio Calabria	$1058
267 km or 166 mi	Palermo	$1137
270 km or 168 mi	Messina	$1130
281 km or 175 mi	Marsala	$1019
295 km or 183 mi	Trapani	$938
339 km or 211 mi	Vibo Valentia	$1199
344 km or 214 mi	Nabeul	$443
350 km or 217 mi	Sousse	$495
357 km or 222 mi	Tripoli	$464
362 km or 225 mi	Al-Khums	$418
364 km or 226 mi	Sfax	$448
376 km or 234 mi	Lamezia Terme	$1251
382 km or 237 mi	Catanzaro	$1143
386 km or 240 mi	Zawiya	$368
390 km or 242 mi	La Marsa	$549
392 km or 244 mi	Sabratha	$396
395 km or 245 mi	Misrata	$436
398 km or 247 mi	Zuwarah	$392
399 km or 248 mi	Kairouan	$410
401 km or 249 mi	Tunis	$535
401 km or 249 mi	Aryanah	$465
408 km or 254 mi	Cosenza	$1072
422 km or 262 mi	Crotone	$1159
437 km or 272 mi	Gharyan	$387
441 km or 274 mi	Bizerte	$348