Cost of living in Reykjavik (Iceland) is 55% more expensive than in Madrid (Spain)

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This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 1,511 prices entered by 260 different people.

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TOTAL + 55%
warning This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 1,511 prices entered by 260 different people.
These prices were last updated on September 28, 2022. Exchange rate: 0.00705 EUR / ISK
For example, you would need at least €7,306 (1,036,784 kr) in Reykjavik to maintain the same standard of living that you can have with €4,700 in Madrid.

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