Reykjavik vs Stockholm

Cost of living comparison for 2026. Stockholm is roughly 16% more affordable than Reykjavik (index 42 vs 50, New York = 100). Data sourced live via AI — updated regularly.

Stockholm
More affordable overall
16% cheaper than Reykjavik · Cost index: 42 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 Index42
4,652Median Income /mo3,900
76Safety Index70
31.49Income Tax %29
95Internet (Mbps)116
250Coworking /mo280

Price Breakdown

ReykjavikCategoryStockholm
$2,222/month
1-BR Apartment (Center)
26% ← cheaper
$1,650/month
$1.77/liter
Meal for One
2% cheaper →
$1.8/liter
$28.14/meal
Restaurant (Mid-range)
36% ← cheaper
$18/meal
$78.9/month
Monthly Transit Pass
28% cheaper →
$110/month
$182.55/month
Utilities (Monthly)
1% ← cheaper
$180/month
$86.59/visit
Doctor Visit
68% ← cheaper
$28/visit

Digital Nomad Profile

Reykjavik

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

Stockholm

Internet116 Mbps
Coworking$280/mo
Café WiFiexcellent
Englishhigh
Communitygrowing
Walkability74/100

Frequently Asked Questions

Is Reykjavik cheaper than Stockholm?

Stockholm is cheaper than Reykjavik. Stockholm has a cost of living index of 42/100 compared to 50/100 for Reykjavik (New York = 100), making it roughly 16% more affordable overall.

How much cheaper is Stockholm than Reykjavik?

Stockholm is approximately 16% cheaper than Reykjavik based on cost index scores (42 vs 50, where New York = 100). A person spending $3,000/month in Reykjavik could live a similar lifestyle for roughly $2,528/month in Stockholm.

What is the rent comparison between Reykjavik and Stockholm?

In Reykjavik, a 1-bedroom apartment in the city center costs approximately $2,222/month. In Stockholm, the equivalent is around $1,650/month.

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

Both cities have nomad infrastructure. Reykjavik offers 95 Mbps internet and coworking at ~$250/month. Stockholm offers 116 Mbps and coworking at ~$280/month. Stockholm has a cost advantage of 16%.

What is the average income in Reykjavik vs Stockholm?

The median net monthly salary in Reykjavik is approximately $4,652 USD, compared to $3,900 USD in Stockholm.

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