Cost of living in Reykjavik (Iceland) is 105% more expensive than in Las Palmas de Gran Canaria (Spain)
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WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 344 prices entered by 49 different people.
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Currency:
Food | + 108% | |||
---|---|---|---|---|
Food in Reykjavik (Iceland) is 108% more expensive than in Las Palmas de Gran Canaria (Spain) | ||||
Update prices | Update prices | |||
Reykjavik | Las Palmas de Gran Canaria | Diff | ||
Basic lunchtime menu (including a drink) in the business district | 3,564 kr (€24) | €13 | + 76% | |
Combo meal in fast food restaurant (big mac meal or similar) | 2,417 kr (€16) | €8 | + 108% | |
500 gr (1 lb.) of boneless chicken breast | 1,093 kr (€7) | €3.50 | + 107% | |
1 liter (1 qt.) of whole fat milk | 211 kr (€1.40) | €0.90 | + 56% | |
12 eggs, large | 791 kr (€5.26) | €2.82 | + 86% | |
1 kg (2 lb.) of tomatoes | 625 kr (€4.15) | €1.45 | + 186% | |
500 gr (16 oz.) of local cheese | 1,068 kr (€7) | €5.21 | + 36% | |
1 kg (2 lb.) of apples | 389 kr (€2.58) | €2.00 | + 29% | |
1 kg (2 lb.) of potatoes | 341 kr (€2.27) | €1.09 | + 108% | |
0.5 l (16 oz) domestic beer in the supermarket | 468 kr (€3.11) | €0.74 | + 319% | |
1 bottle of red table wine, good quality | 3,291 kr (€22) | €5.51 | + 298% | |
2 liters of coca-cola | 312 kr (€2.07) | €1.90 | + 9% | |
Bread for 2 people for 1 day | 404 kr (€2.69) | €0.85 | + 216% | |
Housing | + 102% | |||
Housing in Reykjavik (Iceland) is 102% more expensive than in Las Palmas de Gran Canaria (Spain) | ||||
Update prices | Update prices | |||
Reykjavik | Las Palmas de Gran Canaria | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 329,172 kr (€2,189) | €1,085 | + 102% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 271,078 kr (€1,802) | €700 | + 158% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 19,861 kr (€132) | €90 | + 47% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 200,913 kr (€1,336) | €692 | + 93% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 147,332 kr (€980) | €477 | + 105% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 20,214 kr (€134) | €66 | + 104% | |
Internet 8 mbps (1 month) | 7,060 kr (€47) | €30 | + 54% | |
40” flat screen tv | 103,341 kr (€687) | €344 | + 100% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 30,228 kr (€201) | €83 | + 143% | |
Laundry detergent (3 l. ~ 100 oz.) | 2,012 kr (€13) | €4.83 | + 177% | |
Hourly rate for cleaning help | 4,514 kr (€30) | €10 | + 203% | |
Clothes | + 89% | |||
Clothes in Reykjavik (Iceland) is 89% more expensive than in Las Palmas de Gran Canaria (Spain) | ||||
Update prices | Update prices | |||
Reykjavik | Las Palmas de Gran Canaria | Diff | ||
1 pair of jeans (levis 501 or similar) | 18,750 kr (€125) | €73 | + 71% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | 9,202 kr (€61) | €34 | + 81% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | 23,830 kr (€158) | €80 | + 99% | |
1 pair of men’s leather business shoes | 32,282 kr (€215) | €83 | + 158% | |
Transportation | + 133% | |||
Transportation in Reykjavik (Iceland) is 133% more expensive than in Las Palmas de Gran Canaria (Spain) | ||||
Update prices | Update prices | |||
Reykjavik | Las Palmas de Gran Canaria | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 5,305,600 kr (€35,275) | €19,598 | + 80% | |
1 liter (1/4 gallon) of gas | 296 kr (€1.97) | €1.33 | + 48% | |
Monthly ticket public transport | 13,296 kr (€88) | €30 | + 196% | |
Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 5,403 kr (€36) | €14 | + 150% | |
Personal Care | + 82% | |||
Personal Care in Reykjavik (Iceland) is 82% more expensive than in Las Palmas de Gran Canaria (Spain) | ||||
Update prices | Update prices | |||
Reykjavik | Las Palmas de Gran Canaria | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 1,482 kr (€10) | €5.96 | + 65% | |
1 box of antibiotics (12 doses) | 2,067 kr (€14) | €8 | + 72% | |
Short visit to private doctor (15 minutes) | 10,369 kr (€69) | €60 | + 15% | |
1 box of 32 tampons (tampax, ob, ...) | 687 kr (€4.57) | €3.34 | + 37% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | 679 kr (€4.51) | €2.30 | + 96% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 762 kr (€5.07) | €2.74 | + 85% | |
4 rolls of toilet paper | 503 kr (€3.34) | €1.18 | + 182% | |
Tube of toothpaste | 424 kr (€2.82) | €1.33 | + 112% | |
Standard men's haircut in expat area of the city | 6,437 kr (€43) | €12 | + 256% | |
Entertainment | + 76% | |||
Entertainment in Reykjavik (Iceland) is 76% more expensive than in Las Palmas de Gran Canaria (Spain) | ||||
Update prices | Update prices | |||
Reykjavik | Las Palmas de Gran Canaria | Diff | ||
Basic dinner out for two in neighborhood pub | 6,879 kr (€46) | €27 | + 71% | |
2 tickets to the movies | 3,314 kr (€22) | €15 | + 44% | |
2 tickets to the theater (best available seats) | 13,356 kr (€89) | €57 | + 56% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 11,331 kr (€75) | €41 | + 82% | |
1 cocktail drink in downtown club | 2,553 kr (€17) | €9 | + 79% | |
Cappuccino in expat area of the city | 713 kr (€4.74) | €2.73 | + 74% | |
1 beer in neighbourhood pub (500ml or 1pt.) | 1,306 kr (€9) | €3.55 | + 145% | |
Ipad wi-fi 128gb | 106,076 kr (€705) | €420 | + 68% | |
1 min. of prepaid mobile tariff (no discounts or plans) | 57 kr (€0.38) | €0.20 | + 90% | |
1 month of gym membership in business district | 9,931 kr (€66) | €49 | + 36% | |
1 package of marlboro cigarettes | 1,811 kr (€12) | €5.09 | + 136% | |
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TOTAL | + 105% |

These prices were last updated on March 26, 2023.
Exchange rate:
0.00665
EUR
/
ISK
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For example, you would need at least €6,139 (923,406 kr) in Reykjavik to maintain the same standard of living that you can have with €3,000 in Las Palmas de Gran Canaria.
Do you live in Las Palmas de Gran Canaria? We need your help!
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