HomePricePeek

Reykjavik vs Riyadh

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Reykjavik vs Riyadh

Riyadh is 38% more affordable for homebuyers. Reykjavik has a price-to-income ratio of 7.8x compared to 5.2x in Riyadh.

MetricReykjavikRiyadh
Avg Home Price$450,000$280,000
Price / sqm$6,500$2,800
Rent (1BR)$1,500/mo$800/mo
Rent (3BR)$2,500/mo$1,500/mo
Price-to-Income7.8x5.2x
Mortgage Rate7.5%6.0%
1yr Change+2.8%+5.8%
Median Income$58,000/yr$54,000/yr
Population130,0007,600,000
ReykjavikView full details โ†’RiyadhView 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 Reykjavik or Riyadh more expensive?
Riyadh is more affordable. Home prices differ by $170,000 (38%).
Which city has cheaper rent, Reykjavik or Riyadh?
Rent for a 1BR in Reykjavik is $1,500/mo vs $800/mo in Riyadh.

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