Reykjavik vs Valletta - Cost of Living Comparison

Updated: March 01, 2024

	Reykjavik	Valletta
🚶 Cost of living one person	$2723	$1657
👨‍👩‍👧‍👦 Cost of living Family	$5671	$3999
🏠 One person rent	$1643	$931
🏘️ Family rent	$2600	$1749
🍽️ Food expenses	$800	$514
🚐 Transport expenses	$86.1	$73.5
💳 Monthly salary after tax	$3682	$1375
😷 Air quality	Excellent	Moderate
✈️ Airport proximity	4 km	5 km
🎓 Higher education	53	37
😀 Quality of life	89	72
🏙️ Population	140K	6.44K

The cost of living in Reykjavik is 64% more expensive than in Valletta. Cities ranked 344th and 2834th ($2723 vs $1657) 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 1.4 months in Reykjavik compared to 0.8 months in Valletta. Reykjavik ranked 1st best city to live in Iceland vs Valletta ranked 6th in Malta, while ranked 152nd and 2020th 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	$21.6	$19.2
🥂 Dinner in a Restaurant, for 2	$125	$70.2
🥪 Fast food meal, equiv. McDonald's	$16.9	$10.2
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$10.9	$4.13
☕ Cappuccino	$5.05	$2.8
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.94	$2.59
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1659	$987
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1492	$760
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2694	$2091
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$2395	$1453
🔌 Utility Bill one person, electricity, heating, water, etc.	$52.4	$81.5
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$80.5	$125
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$64.8	$44.5
🏦 Mortgage Interest Rate for 20 Years	8.07%	5.17%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$6252	$8034
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$4951	$4060
Transportation
🚌 Local transport ticket	$4.13	$2.18
🎟️ Monthly ticket local transport	$66.6	$28.8
🚕 Taxi Ride, 8 km or 5 mi	$26.3	$34.5
⛽ Gas / Petrol, 1 L or 0.26 gal	$2.28	$1.45
Groceries
🥛 Milk, 1 L or 1 qt	$1.65	$1.19
🍞 Bread, 0.5 kg or 1.1 lb	$3.71	$1.53
🍚 Rice, 1 kg or 2.2 lb	$3.27	$2.56
🥚 Eggs, x12	$6.03	$3.25
🧀 Cheese, 1 kg or 2.2 lb	$15.4	$12.7
🐔 Chicken Breast, 1 kg or 2.2 lb	$19.8	$10.3
🥩 Round Steak, 1 kg or 2.2 lb	$31	$15.5
🍏 Apples, 1 kg or 2.2 lb	$3.2	$3.18
🍌 Banana, 1 kg or 2.2 lb	$2.12	$1.88
🍊 Oranges, 1 kg or 2.2 lb	$2.81	$2.57
🍅 Tomato, 1 kg or 2.2 lb	$4.84	$3.81
🥔 Potato, 1 kg or 2.2 lb	$3.07	$1.85
🧅 Onion, 1 kg or 2.2 lb	$2.14	$2.72
🌊 Water, 1 L or 1 qt	$1.44	$0.91
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.53	$1.94
🍾 Wine (mid-priced), 750 mL bottle	$20	$6.63
🍺 Beer, 0.5 L or 16 fl oz	$3.08	$1.73
🚬 Cigarette pack	$11.8	$5.86
💊 Cold medicince, 1 week	$11.6	$6.9
🧴 Hair Shampoo	$5.21	$4.41
🧻 Toilet paper, 4 rolls	$4.67	$2.23
👄 Toothpaste, 1 tube	$3.24	$2.4
Other
🏋️ Gym Membership, 1 month	$63.3	$73.3
🎫 Cinema Ticket, 1 person	$14.5	$12.4
👩‍⚕️ Doctor's visit	$83	$18.1
💇 Haircut, simple	$37.2	$10.4
👖 Brand Jeans	$105	$121
👟 Brand Sneakers	$142	$146
👶 Daycare or Preschool, 1 month	$239	$664
🏫 International Primary School, 1 year	$6072	$10317

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	$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 Valletta

Distance	City	Cost of living
1.8 km or 1.1 mi	Sliema	$1670
1.9 km or 1.2 mi	Gzira	$1708
3.2 km or 2 mi	Zabbar	$1278
3.3 km or 2.1 mi	San Gwann	$1608
4.1 km or 2.6 mi	Birkirkara	$1524
6.3 km or 3.9 mi	Marsaskala	$1372
6.4 km or 4 mi	Naxxar	$1469
7.1 km or 4.4 mi	Mosta	$1338
11 km or 7.1 mi	St. Paul's Bay	$1583
116 km or 72 mi	Ragusa	$1120
132 km or 82 mi	Gela	$927
140 km or 87 mi	Niscemi	$1027
148 km or 92 mi	Syracuse	$1103
178 km or 111 mi	Agrigento	$983
186 km or 115 mi	Catania	$1163
266 km or 166 mi	Reggio Calabria	$936
267 km or 166 mi	Palermo	$1150
270 km or 168 mi	Messina	$1122
281 km or 175 mi	Marsala	$1050
295 km or 183 mi	Trapani	$979
339 km or 211 mi	Vibo Valentia	$1329
344 km or 214 mi	Nabeul	$418
350 km or 217 mi	Sousse	$423
357 km or 222 mi	Tripoli	$470
362 km or 225 mi	Al-Khums	$389
364 km or 226 mi	Sfax	$435
376 km or 234 mi	Lamezia Terme	$1530
382 km or 237 mi	Catanzaro	$1324
386 km or 240 mi	Zawiya	$377
390 km or 242 mi	La Marsa	$596
392 km or 244 mi	Sabratha	$386
395 km or 245 mi	Misrata	$340
398 km or 247 mi	Zuwarah	$390
399 km or 248 mi	Kairouan	$433
401 km or 249 mi	Tunis	$514
401 km or 249 mi	Aryanah	$466
408 km or 254 mi	Cosenza	$1017
422 km or 262 mi	Crotone	$1307
437 km or 272 mi	Gharyan	$407
441 km or 274 mi	Bizerte	$355