Reykjavik vs Yerevan - Cost of Living Comparison

Updated:

Livingcost

Reykjavik Yerevan
🚶 Cost of living one person
$3268
$1181
👨‍👩‍👧‍👦 Cost of living Family
$6787
$2713
🏠 One person rent
$2025
$635
🏘️ Family rent
$3029
$1050
🍽️ Food expenses
$894
$357
🚐 Transport expenses
$101
$57.2
💳 Monthly salary after tax
$4361
$577
😷 Air quality
Excellent
Moderate
✈️ Airport proximity
4 km
8 km
🎓 Higher education
52
50
😀 Quality of life
91
69
🏙️ Population
140K
1.11M

The cost of living in Reykjavik is 177% more expensive than in Yerevan. Cities ranked 88th and 4747th ($3268 vs $1181) in the list of the most expensive cities in the world and ranked 1st and 1st in Iceland and Armenia, respectively. Check Iceland vs Armenia comparison.

The average after-tax salary is enough to cover living expenses for 1.3 months in Reykjavik compared to 0.5 months in Yerevan. Reykjavik ranked 1st best city to live in Iceland vs Yerevan ranked 1st in Armenia, while ranked 191st and 4402nd among best cities to live in the world.

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Cost of living in Reykjavik vs Yerevan infographic

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Prices in Reykjavik vs Yerevan

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

Reykjavik Yerevan
Eating Out
🍱 Lunch Menu
$27.9
$10.6
🥂 Dinner in a Restaurant, for 2
$79.5
$52.1
🥪 Fast food meal, equiv. McDonald's
$20.5
$7.88
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$13
$1.85
☕ Cappuccino
$6.12
$3.29
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.33
$0.99
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$2075
$683
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1851
$502
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$3279
$1220
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$2774
$836
🔌 Utility Bill one person, electricity, heating, water, etc.
$45.2
$77.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$70.4
$118
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$84
$19.3
🏦 Mortgage Interest Rate for 20 Years
9.56%
15.55%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$8015
$3535
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$6578
$1676
Transportation
🚌 Local transport ticket
$5.36
$0.39
🎟️ Monthly ticket local transport
$88.4
$23.6
🚕 Taxi Ride, 8 km or 5 mi
$28.3
$4.39
⛽ Gas / Petrol, 1 L or 0.26 gal
$2.55
$1.38
Groceries
🥛 Milk, 1 L or 1 qt
$2.04
$1.61
🍞 Bread, 0.5 kg or 1.1 lb
$4.43
$0.83
🍚 Rice, 1 kg or 2.2 lb
$3.55
$2.27
🥚 Eggs, x12
$6.58
$2.47
🧀 Cheese, 1 kg or 2.2 lb
$19.1
$7.58
🐔 Chicken Breast, 1 kg or 2.2 lb
$25
$7.41
🥩 Round Steak, 1 kg or 2.2 lb
$41.5
$12.8
🍏 Apples, 1 kg or 2.2 lb
$3.59
$1.33
🍌 Banana, 1 kg or 2.2 lb
$2.58
$1.7
🍊 Oranges, 1 kg or 2.2 lb
$3.35
$1.82
🍅 Tomato, 1 kg or 2.2 lb
$5.57
$2.21
🥔 Potato, 1 kg or 2.2 lb
$3.7
$0.83
🧅 Onion, 1 kg or 2.2 lb
$2.56
$0.78
🌊 Water, 1 L or 1 qt
$1.27
$0.45
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$3.04
$2.23
🍾 Wine (mid-priced), 750 mL bottle
$25.5
$10.5
🍺 Beer, 0.5 L or 16 fl oz
$3.79
$1.31
🚬 Cigarette pack
$13.6
$2.62
💊 Cold medicince, 1 week
$12.9
$5.66
🧴 Hair Shampoo
$5.86
$4.61
🧻 Toilet paper, 4 rolls
$5.2
$2.56
👄 Toothpaste, 1 tube
$3.63
$3.77
Other
🏋️ Gym Membership, 1 month
$88.2
$93.5
🎫 Cinema Ticket, 1 person
$18
$6.59
👩‍⚕️ Doctor's visit
$92.8
$31.9
💇 Haircut, simple
$46
$9.67
👖 Brand Jeans
$144
$111
👟 Brand Sneakers
$194
$139
👶 Daycare or Preschool, 1 month
$352
$340
🏫 International Primary School, 1 year
$30378
$7136

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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
$3175
9.8 km or 6.1 mi Hafnarfjorur
$3148
38 km or 24 mi Keflavik
$2596
247 km or 153 mi Akureyri
$2990
795 km or 494 mi Torshavn
$2077
1204 km or 748 mi Inverness
$2021
1230 km or 764 mi Elgin
$1507
1300 km or 808 mi Derry
$1551
1309 km or 813 mi Greenock
$1575
1321 km or 821 mi Aberdeen
$1769
1325 km or 823 mi Perth
$1641
1328 km or 825 mi Stirling
$1711
1331 km or 827 mi Paisley
$1837
1333 km or 828 mi Alloa
$1762
1337 km or 831 mi Glasgow
$2058
1339 km or 832 mi Dundee
$1480
1340 km or 833 mi Omagh
$1703
1341 km or 833 mi Cumbernauld
$1619
1342 km or 834 mi Irvine
$1630
1348 km or 838 mi East Kilbride
$1840
1349 km or 838 mi Kilmarnock
$1527
1351 km or 839 mi Dunfermline
$1728
1353 km or 841 mi Hamilton
$1797
1357 km or 843 mi Ayr
$1522
1360 km or 845 mi Kirkcaldy
$1768
1365 km or 848 mi Livingston
$1775
1372 km or 852 mi Edinburgh
$2310
1382 km or 859 mi Newtownabbey
$1808
1387 km or 862 mi Belfast
$1884
1390 km or 864 mi Bangor
$1484
1391 km or 864 mi Lisburn
$1879
1401 km or 871 mi Alesund
$1797
1413 km or 878 mi Galway
$2768
1425 km or 886 mi Dundalk
$1955
1431 km or 889 mi Dumfries
$1485
1433 km or 891 mi Nuuk
$2217
1441 km or 895 mi Molde
$1986
1454 km or 903 mi Kristiansund
$1887
1455 km or 904 mi Drogheda
$2902
1455 km or 904 mi Bergen
$2242

Cities near Yerevan

Distance City Cost of living
14 km or 8.7 mi Abovyan
$1081
16 km or 10 mi Ashtarak
$1059
20 km or 13 mi Masis
$1068
40 km or 25 mi Armavir
$1001
50 km or 31 mi Igdir
$569
70 km or 44 mi Vanadzor
$719
76 km or 47 mi Spitak
$852
79 km or 49 mi Dogubayazit
$567
88 km or 55 mi Gyumri
$736
126 km or 79 mi Caldiran
$573
129 km or 80 mi Kars
$567
135 km or 84 mi Agri
$562
148 km or 92 mi Marneuli
$736
149 km or 93 mi Gardabani
$691
156 km or 97 mi Rustavi
$643
166 km or 103 mi Ganja
$484
170 km or 106 mi Tbilisi
$1035
172 km or 107 mi Goris
$968
185 km or 115 mi Khoy
$402
196 km or 122 mi Kapan
$968
203 km or 126 mi Gori
$608
209 km or 130 mi Van
$585
215 km or 134 mi Khashuri
$718
222 km or 138 mi Barda
$629
224 km or 139 mi Marand
$488
228 km or 142 mi Yevlakh
$627
251 km or 156 mi Shaki
$613
268 km or 167 mi Oguz
$630
276 km or 171 mi Kutaisi
$668
277 km or 172 mi Erzurum
$457
279 km or 173 mi Tabriz
$511
286 km or 178 mi Bitlis
$583
290 km or 180 mi Ahar
$547
291 km or 181 mi Batumi
$836
297 km or 185 mi Urmia
$504
298 km or 185 mi Hakkari
$577
305 km or 190 mi Mus
$573
309 km or 192 mi Senaki
$823
315 km or 196 mi Vladikavkaz
$836
342 km or 212 mi Siirt
$596