Cost of living
Western Region (Iceland) compared to Reykjavik
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Overview comparison
Western Region (Iceland)Reykjavik
Consumer prices in Reykjavik are roughly 40% higher than in Western Region (Iceland).
Cost of living
| Item | Western Region (Iceland) | Reykjavik |
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| Total with rent one person | 1,525 | 3,355 |
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| Total with rent family | 3,302 | 6,198 |
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| Without rent one person | 718 | 954 |
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| Without rent one family | 1,986 | 3,633 |
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| Rent & Utilities person | 512.83 | 1,818.18 |
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| Rent & Utilities family | 1,089.14 | 3,091.73 |
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| Food person | 718 | 710 |
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| Food family | 1,655 | 2,224 |
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| Transport person | 66.67 | 105.23 |
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| Transport family | 167.91 | 246.75 |
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| Life expectancy | 84.93 years | 71.2 years |
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Eating Out
| Item | Western Region (Iceland) | Reykjavik |
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| Lunch Menu | 17.62 | 23.12 |
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| Dinner in a Restaurant, for 2 | 67.57 | 122.12 |
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| Fast food meal, equiv. McDonald's | 10.01 | 23.02 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 2.73 | 8.92 |
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| Cappuccino | 4.18 | 5.33 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1.46 | 3.24 |
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Rent & Utilities
| Item | Western Region (Iceland) | Reykjavik |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 566.9 | 2,054.8 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 362.82 | 1,779.83 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 2,122.24 | 2,155.13 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 1,168.6 | 2,705.84 |
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| Utility Bill one person, electricity, heating, water, etc. | 77.26 | 40.45 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 94.25 | 76.87 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 58.29 | 87.08 |
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Transportation
| Item | Western Region (Iceland) | Reykjavik |
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| Local transport ticket | 5.6 | 8.28 |
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| Monthly ticket local transport | 3,216 | 7,614 |
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| Taxi Ride, 8 km or 5 mi | 2,838 | 4,196 |
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| Gas / Petrol, 1 L or 0.26 gal | 2.15 | 4.06 |
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| Mortgage Interest Rate for 20 Years | 38.23% | 72.58% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 22.8 | 29.81 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 2.16 | 2 |
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Groceries
| Item | Western Region (Iceland) | Reykjavik |
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| Milk, 1 L or 1 qt | 1.95 | 1.84 |
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| Bread, 0.5 kg or 1.1 lb | 2 | 3.74 |
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| Eggs, x12 | 5.03 | 4.74 |
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| Cheese, 1 kg or 2.2 lb | 17.45 | 17.01 |
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| Chicken Breast, 1 kg or 2.2 lb | 10.24 | 22.98 |
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| Round Steak, 1 kg or 2.2 lb | 11.78 | 43.49 |
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| Banana, 1 kg or 2.2 lb | 2.12 | 1.9 |
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| Water, 1 L or 1 qt | 1.56 | 1.41 |
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Other
| Item | Western Region (Iceland) | Reykjavik |
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| Gym Membership, 1 month | 77.63 | 86.67 |
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| Cinema Ticket, 1 person | 11.94 | 12.83 |
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| Doctors visit | 50.22 | 94.47 |
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| Haircut, simple | 8 | 40.23 |
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| Brand Jeans | 88.67 | 100.83 |
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| Brand Sneakers | 118.17 | 130.32 |
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| Daycare or Preschool, 1 month | 228.45 | 248.66 |
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| International Primary School, 1 year | 6,531 | 5,435 |
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