Reykjahlid, a charming town in Iceland, offers a unique living experience with its stunning landscapes and serene environment. Understanding the cost of living here is crucial for anyone considering relocating or visiting.

This guide provides a detailed breakdown of expenses in Reykjahlid, covering essential categories such as dining, groceries, transportation, and more.

Cost of Living Summary

Dining and Restaurants

  • Domestic Beer (0.5 liter draught) - Enjoying a domestic beer in Reykjahlid will cost you around $10.5.
  • Imported Beer (0.33 liter bottle) - An imported beer is similarly priced at $10.5.
  • Cappuccino (regular) - A regular cappuccino is priced at $5.43.

Grocery Prices

  • Milk - Milk is available at an average price of $2.1 per liter.
  • Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs approximately $1.58.
  • Eggs (Dozen) - A dozen eggs are priced at $12.64.
  • Fruits (e.g., Apples, Oranges, Bananas) - Fruits like apples, oranges, and bananas are priced at $2.11 per kg.
  • Vegetables (e.g., Potatoes, Tomatoes, Onions) - Vegetables such as potatoes cost $3.16 per kg, while tomatoes and onions are $2.11 per kg.
  • Rice (White) - White rice is priced at $3.16 per kg.

Transportation

  • Public Transport (One-Way Ticket) - A one-way ticket for local transport costs $3.38.
  • Monthly Pass - A monthly pass for public transport is available for $57.93.
  • Fuel (Gasoline) - Gasoline is priced at $2.32 per liter.

Sports and Leisure

  • Cinema (International Release) - A cinema ticket for an international release costs $13.4.
Worldwide
Iceland

Cost of Living Rankings

The cost of living indices for Iceland are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Iceland, covering factors like consumer goods, rent, and purchasing power.

Highest to LowestUpdated: Feb, 2025

Cost of Living Data

The following pricing data has been gathered from 5 user contributions, as of the most recent update in June, 2023.
Restaurants
Avg / Range
Domestic Beer (0.5 liter draught)
$10.50
Imported Beer (0.33 liter bottle)
$10.50
Cappuccino (regular)
$5.43
Markets
Avg / Range
Milk (regular), (1 liter)
$2.10
Loaf of Fresh White Bread (500g)
$1.58
Eggs (regular) (12)
$12.64
Apples (1kg)
$2.11
Oranges (1kg)
$2.11
Potato (1kg)
$3.16
Rice (white), (1kg)
$3.16
Tomato (1kg)
$2.11
Banana (1kg)
$2.11
Onion (1kg)
$2.11
Transportation
Avg / Range
One-way Ticket (Local Transport)
$3.38
Monthly Pass (Regular Price)
$57.93
Gasoline (1 liter)
$2.32
Sports And Leisure
Avg / Range
Cinema, International Release, 1 Seat
$13.40
Reykjahlid Cost of Living

"Key Takeaways"

Reykjahlid offers a relatively high cost of living, particularly in dining and grocery categories.

Transportation costs are moderate, with reasonable prices for public transport and gasoline.

Leisure activities such as cinema visits are priced on the higher side, reflecting the overall cost structure in Iceland.

Conclusion

Living in Reykjahlid, Iceland, presents a unique blend of natural beauty and modern amenities, albeit at a higher cost.

Prospective residents should budget carefully, especially for dining and groceries, while taking advantage of the efficient public transport system to manage expenses.