HomePricePeek

Belgrade vs Reykjavik

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก Why it matters: Belgrade vs Reykjavik

Belgrade is 71% more affordable for homebuyers. Belgrade has a price-to-income ratio of 7.2x compared to 7.8x in Reykjavik.

MetricBelgradeReykjavik
Avg Home Price$130,000$450,000
Price / sqm$2,500$6,500
Rent (1BR)$400/mo$1,500/mo
Rent (3BR)$700/mo$2,500/mo
Price-to-Income7.2x7.8x
Mortgage Rate6.5%7.5%
1yr Change+6.8%+2.8%
Median Income$18,000/yr$58,000/yr
Population1,700,000130,000
BelgradeView full details โ†’ReykjavikView full details โ†’
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HomePricePeek Research TeamData Specialists

Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is Belgrade or Reykjavik more expensive?
Belgrade is more affordable. Home prices differ by $320,000 (71%).
Which city has cheaper rent, Belgrade or Reykjavik?
Rent for a 1BR in Belgrade is $400/mo vs $1,500/mo in Reykjavik.

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