Reykjavik vs Copenhagen

Cost of living comparison for 2026. Copenhagen is roughly 29% more affordable than Reykjavik (index 47 vs 66, New York = 100). Data sourced live via AI — updated regularly.

Copenhagen
More affordable overall
29% cheaper than Reykjavik · Cost index: 47 vs 66

Life Power at $3,000/mo

The same salary ranks differently depending on where you live — from Beggar to King.

Head-to-Head Stats

66Cost Index47✓
4,600Median Income /mo4,784✓
95✓Safety Index74
31.49✓Income Tax %37
289✓Internet (Mbps)85
350Coworking /mo225✓

Price Breakdown

ReykjavikCategoryCopenhagen
$2,130/month
1-BR Apartment (Center)
8% ← cheaper
$1,954/month
$2.1/liter
Meal for One
12% ← cheaper
$1.85/liter
$24/meal
Restaurant (Mid-range)
17% ← cheaper
$20/meal
$94/month
Monthly Transit Pass
16% cheaper →
$112/month
$140/month
Utilities (Monthly)
18% cheaper →
$171/month
$120/visit
Doctor Visit
100% ← cheaper
$0/visit

Digital Nomad Profile

Reykjavik

Internet289 Mbps
Coworking$350/mo
Café WiFigood
Englishhigh
Communitygrowing
Walkability78/100

Copenhagen

Internet85 Mbps
Coworking$225/mo
Café WiFigood
Englishhigh
Communitygrowing
Walkability82/100

Frequently Asked Questions

Is Reykjavik cheaper than Copenhagen?

Copenhagen is cheaper than Reykjavik. Copenhagen has a cost of living index of 47/100 compared to 66/100 for Reykjavik (New York = 100), making it roughly 29% more affordable overall.

How much cheaper is Copenhagen than Reykjavik?

Copenhagen is approximately 29% cheaper than Reykjavik based on cost index scores (47 vs 66, where New York = 100). A person spending $3,000/month in Reykjavik could live a similar lifestyle for roughly $2,136/month in Copenhagen.

What is the rent comparison between Reykjavik and Copenhagen?

In Reykjavik, a 1-bedroom apartment in the city center costs approximately $2,130/month. In Copenhagen, the equivalent is around $1,954/month.

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

Both cities have nomad infrastructure. Reykjavik offers 289 Mbps internet and coworking at ~$350/month. Copenhagen offers 85 Mbps and coworking at ~$225/month. Copenhagen has a cost advantage of 29%.

What is the average income in Reykjavik vs Copenhagen?

The median net monthly salary in Reykjavik is approximately $4,600 USD, compared to $4,784 USD in Copenhagen.

Compare Reykjavik with…

Popular head-to-heads — see exactly where Reykjavik wins or loses.

Cities that cost about the same as Reykjavik

Same spending tier, different part of the world — the head-to-heads people actually weigh when relocating.

Or explore:PortlandGeneva

Explore this comparison interactively

See radar charts, detailed category breakdowns, and compare any two cities in real time.

Free to start · No credit card needed