HomePricePeek

Muscat vs Reykjavik

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Muscat vs Reykjavik

Muscat is 38% more affordable for homebuyers. Muscat has a price-to-income ratio of 5.5x compared to 7.8x in Reykjavik.

MetricMuscatReykjavik
Avg Home Price$280,000$450,000
Price / sqm$3,200$6,500
Rent (1BR)$900/mo$1,500/mo
Rent (3BR)$1,600/mo$2,500/mo
Price-to-Income5.5x7.8x
Mortgage Rate5.5%7.5%
1yr Change+2.2%+2.8%
Median Income$51,000/yr$58,000/yr
Population1,400,000130,000
MuscatView 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 Muscat or Reykjavik more expensive?
Muscat is more affordable. Home prices differ by $170,000 (38%).
Which city has cheaper rent, Muscat or Reykjavik?
Rent for a 1BR in Muscat is $900/mo vs $1,500/mo in Reykjavik.

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