Reykjavik vs Tel Aviv

Cost of living comparison for 2026. Tel Aviv is roughly 16% more affordable than Reykjavik (index 75 vs 89, New York = 100). Data sourced live via AI — updated regularly.

Tel Aviv
More affordable overall
16% cheaper than Reykjavik · Cost index: 75 vs 89

Head-to-Head Stats

89Cost Index75
4,652Median Income /mo4,200
76Safety Index72
31.49Income Tax %31
95Internet (Mbps)95
250Coworking /mo350

Price Breakdown

ReykjavikCategoryTel Aviv
$2,222/month
1-BR Apartment (Center)
5% ← cheaper
$2,100/month
$1.77/liter
Meal for One
29% cheaper →
$2.5/liter
$28.14/meal
Restaurant (Mid-range)
$28/meal
$78.9/month
Monthly Transit Pass
4% cheaper →
$82/month
$182.55/month
Utilities (Monthly)
17% cheaper →
$220/month
$86.59/visit
Doctor Visit
28% cheaper →
$120/visit

Digital Nomad Profile

Reykjavik

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

Tel Aviv

Internet95 Mbps
Coworking$350/mo
Café WiFiexcellent
Englishhigh
Communitylarge
Walkability78/100

Frequently Asked Questions

Is Reykjavik cheaper than Tel Aviv?

Tel Aviv is cheaper than Reykjavik. Tel Aviv has a cost of living index of 75/100 compared to 89/100 for Reykjavik, making it roughly 16% more affordable overall.

How much cheaper is Tel Aviv than Reykjavik?

Tel Aviv is approximately 16% cheaper than Reykjavik based on cost index scores (75 vs 89, where New York = 100). A person spending $3,000/month in Reykjavik could live a similar lifestyle for roughly $2,528/month in Tel Aviv.

What is the rent comparison between Reykjavik and Tel Aviv?

In Reykjavik, a 1-bedroom apartment in the city center costs approximately $2,222/month. In Tel Aviv, the equivalent is around $2,100/month.

Which city is better for digital nomads — Reykjavik or Tel Aviv?

Both cities have nomad infrastructure. Reykjavik offers 95 Mbps internet and coworking at ~$250/month. Tel Aviv offers 95 Mbps and coworking at ~$350/month. Tel Aviv has a cost advantage of 16%.

What is the average income in Reykjavik vs Tel Aviv?

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

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