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: getting around โ Reykjavik 2 vs Zermatt 1. Closer to 1 is easier. Difficulty ranking โบ
| Item | Reykjavik | Zermatt | Cheaper |
|---|---|---|---|
| Local mealper person | kr 3,200$26.5 | CHF 28$32.9 | Reykjavik โ19% |
| Street food1 item | kr 820$6.8 | CHF 15$17.6 | Reykjavik โ61% |
| Restaurant dinnerper person | kr 6,000$49.8 | CHF 55$64.7 | Reykjavik โ23% |
| Coffeeone cup | kr 750$6.22 | CHF 5.5$6.47 | similar |
| Beerone bottle | kr 1,500$12.4 | CHF 8.5$10 | Zermatt โ20% |
| Cocktail & wineone cup | kr 2,200$18.2 | CHF 18$21.2 | Reykjavik โ14% |
| Bottled water | kr 300$2.49 | CHF 2$2.35 | Zermatt โ5% |
| Convenience store1 snack or drink | kr 350$2.9 | CHF 3$3.53 | Reykjavik โ18% |
| Taxi5 km in town | kr 3,500$29 | CHF 50$58.8 | Reykjavik โ51% |
| Tuk-tuk / moto taxishort hop | kr 1,900$15.8 | CHF 30$35.3 | Reykjavik โ55% |
| Scooter rentalper day | kr 7,000$58.1 | CHF 50$58.8 | similar |
| Hotel night3-star | kr 25,000$207 | CHF 250$294 | Reykjavik โ29% |
| Studio rent (month) | kr 260,000$2,157 | CHF 2,400$2,824 | Reykjavik โ24% |
| Laundry | kr 2,000$16.6 | CHF 15$17.6 | Reykjavik โ6% |
| SIM card1 week data | kr 3,500$29 | CHF 25$29.4 | similar |
| Haircutcut | kr 7,500$62.2 | CHF 40$47.1 | Zermatt โ24% |
| Massage1 hour | kr 18,000$149 | CHF 140$165 | Reykjavik โ9% |
| Half-day tourper person | kr 13,000$108 | CHF 100$118 | Reykjavik โ8% |
| Entry ticketTourist town | kr 4,000$33.2 | CHF 12$14.1 | Zermatt โ57% |
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 29% cheaper than Zermatt. Daily budget $429 vs $631; a month $9,124 vs $12,181.
About the same: Reykjavik 1.2/5, Zermatt 1.0/5 (average of rip-offs, language, transport, payments and safety).
With a short-term studio and living costs, Reykjavik is about $9,124 and Zermatt about $12,181 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.