Which is cheaper, what exactly is cheaper, and how it feels on your money ยท Updated October 2026
Both cities are about equally easy to travel. Biggest gap: language โ Lucerne 2 vs Reykjavik 1. Closer to 1 is easier. Difficulty ranking โบ
| Item | Lucerne | Reykjavik | Cheaper |
|---|---|---|---|
| Local mealper person | CHF 25$29.4 | kr 3,200$26.5 | Reykjavik โ10% |
| Street food1 item | CHF 9$10.6 | kr 820$6.8 | Reykjavik โ36% |
| Restaurant dinnerper person | CHF 48$56.5 | kr 6,000$49.8 | Reykjavik โ12% |
| Coffeeone cup | CHF 5.5$6.47 | kr 750$6.22 | similar |
| Beerone bottle | CHF 7.5$8.82 | kr 1,500$12.4 | Lucerne โ29% |
| Cocktail & wineone cup | CHF 15$17.6 | kr 2,200$18.2 | similar |
| Bottled water | CHF 2.2$2.59 | kr 300$2.49 | similar |
| Convenience store1 snack or drink | CHF 3.2$3.76 | kr 350$2.9 | Reykjavik โ23% |
| Taxi5 km in town | CHF 28$32.9 | kr 3,500$29 | Reykjavik โ12% |
| Tuk-tuk / moto taxishort hop | CHF 16$18.8 | kr 1,900$15.8 | Reykjavik โ16% |
| Transitone ride | CHF 4.8$5.65 | kr 690$5.72 | similar |
| Scooter rentalper day | CHF 15$17.6 | kr 7,000$58.1 | Lucerne โ70% |
| Hotel night3-star | CHF 220$259 | kr 25,000$207 | Reykjavik โ20% |
| Studio rent (month) | CHF 1,600$1,882 | kr 260,000$2,157 | Lucerne โ13% |
| Laundry | CHF 11$12.9 | kr 2,000$16.6 | Lucerne โ22% |
| SIM card1 week data | CHF 25$29.4 | kr 3,500$29 | similar |
| Haircutcut | CHF 45$52.9 | kr 7,500$62.2 | Lucerne โ15% |
| Massage1 hour | CHF 110$129 | kr 18,000$149 | Lucerne โ13% |
| Half-day tourper person | CHF 25$29.4 | kr 13,000$108 | Lucerne โ73% |
| Entry ticketTourist town | CHF 35$41.2 | kr 4,000$33.2 | Reykjavik โ19% |
Reference prices start as estimates from published price levels; items with 3+ traveler reports use the median of real reports. Hostels and local eateries cut both by 30%+.
Reykjavik is 5% cheaper than Lucerne. Daily budget $508 vs $429; a month $8,690 vs $9,124.
About the same: Lucerne 1.2/5, Reykjavik 1.2/5 (average of rip-offs, language, transport, payments and safety).
With a short-term studio and living costs, Lucerne is about $8,690 and Reykjavik about $9,124 per month.
They start as estimates informed by published price levels; any item with 3+ traveler reports switches to the median of real reports. Live reports are in the app.