Reykjavík is Europe's second most expensive city

According to travel website Wanderu, Reykjavik is Europe's second most expensive city. Monaco is the most expensive. Admission to museums in Reykjavik is 28 times more expensive than in Chisinau in Moldavia, where it was cheapest. The least expensive city in Europe is Skopje in Macedonia. 

The results are calculated using average prices for hotels, taxis, public transport, food, beer, coffee and museum entries. 

An average price for a night at a Reykjavik hotel is around 317 euros compared to 54 in Skopje. 

Beer in Reykjavik is also expensive, for one beer in Reykjavik you can buy 12 beers in Kiev in the Ukraine. 

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Exchange rates

USD USD 119.21 EUR EUR 134.90
GBP GBP 156.68 DKK DKK 18.08
NOK NOK 14.00 SEK SEK 12.89
CHF CHF 119.78 JPY JPY 1.08
ISK price of selected currencies, according to the official exchange rate of the Central Bank of Iceland. Updated daily.