Reykjavik vs Copenhagen

Cost of living comparison for 2026. Reykjavik is roughly 0% more affordable than Copenhagen (index 89 vs 89, New York = 100). Data sourced live via AI — updated regularly.

Reykjavik
More affordable overall
0% cheaper than Copenhagen · Cost index: 89 vs 89

Head-to-Head Stats

89Cost Index89
4,652Median Income /mo5,800
76Safety Index85
31.49Income Tax %37
95Internet (Mbps)95
250Coworking /mo250

Price Breakdown

ReykjavikCategoryCopenhagen
$2,222/month
1-BR Apartment (Center)
16% ← cheaper
$1,863/month
$1.77/liter
Meal for One
8% ← cheaper
$1.62/liter
$28.14/meal
Restaurant (Mid-range)
25% ← cheaper
$21/meal
$78.9/month
Monthly Transit Pass
40% cheaper →
$131/month
$182.55/month
Utilities (Monthly)
12% cheaper →
$207/month
$86.59/visit
Doctor Visit
23% cheaper →
$113/visit

Digital Nomad Profile

Reykjavik

Internet95 Mbps
Coworking$250/mo
Café WiFiexcellent
Englishhigh
Communitygrowing
Walkability78/100

Copenhagen

Internet95 Mbps
Coworking$250/mo
Café WiFiexcellent
Englishhigh
Communitylarge
Walkability92/100

Frequently Asked Questions

Is Reykjavik cheaper than Copenhagen?

Reykjavik is cheaper than Copenhagen. Reykjavik has a cost of living index of 89/100 compared to 89/100 for Copenhagen, making it roughly 0% more affordable overall.

How much cheaper is Reykjavik than Copenhagen?

Reykjavik is approximately 0% cheaper than Copenhagen based on cost index scores (89 vs 89, where New York = 100). A person spending $3,000/month in Copenhagen could live a similar lifestyle for roughly $3,000/month in Reykjavik.

What is the rent comparison between Reykjavik and Copenhagen?

In Reykjavik, a 1-bedroom apartment in the city center costs approximately $2,222/month. In Copenhagen, the equivalent is around $1,863/month.

Which city is better for digital nomads — Reykjavik or Copenhagen?

Both cities have nomad infrastructure. Reykjavik offers 95 Mbps internet and coworking at ~$250/month. Copenhagen offers 95 Mbps and coworking at ~$250/month. Reykjavik has a cost advantage of 0%.

What is the average income in Reykjavik vs Copenhagen?

The median net monthly salary in Reykjavik is approximately $4,652 USD, compared to $5,800 USD in Copenhagen.

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