Reykjavik vs Hamburg

Cost of living comparison for 2026. Hamburg is roughly 19% more affordable than Reykjavik (index 40 vs 50, New York = 100). Data sourced live via AI — updated regularly.

Hamburg
More affordable overall
19% cheaper than Reykjavik · Cost index: 40 vs 50

Life Power at $3,000/mo

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

Head-to-Head Stats

50Cost Index40
4,652Median Income /mo3,200
76Safety Index78
31.49Income Tax %42
95Internet (Mbps)90
250Coworking /mo250

Price Breakdown

ReykjavikCategoryHamburg
$2,222/month
1-BR Apartment (Center)
39% ← cheaper
$1,354/month
$1.77/liter
Meal for One
46% ← cheaper
$0.95/liter
$28.14/meal
Restaurant (Mid-range)
43% ← cheaper
$16/meal
$78.9/month
Monthly Transit Pass
5% ← cheaper
$75/month
$182.55/month
Utilities (Monthly)
55% cheaper →
$402/month
$86.59/visit
Doctor Visit
9% cheaper →
$95/visit

Digital Nomad Profile

Reykjavik

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

Hamburg

Internet90 Mbps
Coworking$250/mo
Café WiFigood
Englishhigh
Communitygrowing
Walkability72/100

Frequently Asked Questions

Is Reykjavik cheaper than Hamburg?

Hamburg is cheaper than Reykjavik. Hamburg has a cost of living index of 40/100 compared to 50/100 for Reykjavik (New York = 100), making it roughly 19% more affordable overall.

How much cheaper is Hamburg than Reykjavik?

Hamburg is approximately 19% cheaper than Reykjavik based on cost index scores (40 vs 50, where New York = 100). A person spending $3,000/month in Reykjavik could live a similar lifestyle for roughly $2,427/month in Hamburg.

What is the rent comparison between Reykjavik and Hamburg?

In Reykjavik, a 1-bedroom apartment in the city center costs approximately $2,222/month. In Hamburg, the equivalent is around $1,354/month.

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

Both cities have nomad infrastructure. Reykjavik offers 95 Mbps internet and coworking at ~$250/month. Hamburg offers 90 Mbps and coworking at ~$250/month. Hamburg has a cost advantage of 19%.

What is the average income in Reykjavik vs Hamburg?

The median net monthly salary in Reykjavik is approximately $4,652 USD, compared to $3,200 USD in Hamburg.

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