Cost of living comparison

compared to

Reykjavik vs. Aspen Cost of Living Summary

Reykjavik is 17.3% more expensive than Aspen.

Restaurants: pay 27.5% more in Reykjavik
Groceries: pay 8.8% more in Reykjavik
Transportation: pay 88.9% more in Reykjavik
Housing: pay 23.0% less in Reykjavik
Childcare: pay 78.8% less in Reykjavik
Entertainment and Sports: pay 16.4% more in Reykjavik
Clothing: pay 81.4% more in Reykjavik

The cost of transportation, clothing, restaurants, entertainment and sports, and groceries in Reykjavik are more expensive than in Aspen. Expenses including childcare and housing are lower in Reykjavik. Notably, transportation and clothing are significantly more expensive in Reykjavik.

Reykjavik vs. Aspen Cost Breakdown

If you lived in Reykjavik instead of Aspen, you would:

Display currency: USD

pay 27.5% more for restaurants

	Aspen	Reykjavik
Basic meal with drink at inexpensive restaurant	$25.00	$27.48 ISK3,473	+9.9%
Fast food combo meal McDonalds, or similar	$11.00	$22.76 ISK2,877	+106.9%
Bottle of Coca-Cola (11 fl. oz)	$3.75	$3.34 ISK422	-11.1%
Bottle of water (11 fl. oz)	$2.58	$2.70 ISK341	+4.4%
Average			+27.5%

Aspen vs. Reykjavik - Cost of restaurants

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pay 8.8% more for groceries

	Aspen	Reykjavik
Bread 1 loaf	$5.47	$4.63 ISK586	-15.2%
Local cheese (8 oz)	$6.61	$9.44 ISK1,193	+42.7%
Milk (1 gallon)	$4.50	$7.63 ISK964	+69.5%
Eggs 1 dozen	$5.80	$6.50 ISK822	+12.2%
Boneless chicken breast (1 lb)	$7.53	$11.29 ISK1,427	+49.9%
Apples (1 lb)	$2.62	$1.59 ISK201	-39.4%
Bananas (1 lb)	$0.67	$1.17 ISK148	+73.9%
Oranges (1 lb)	$2.80	$1.49 ISK188	-46.8%
Tomatoes (1 lb)	$2.80	$2.54 ISK321	-9.4%
Potatoes (1 lb)	$1.83	$1.70 ISK214	-7.4%
Onions (1 lb)	$1.70	$1.13 ISK143	-33.5%
Average			+8.8%

Aspen vs. Reykjavik - Cost of groceries

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pay 88.9% more for transportation

	Aspen	Reykjavik
Gasoline (1 gallon)	$3.10	$9.66 ISK1,221	+211.3%
Monthly public transit pass	$90.00	$88.58 ISK11,197	-1.6%
New Volkswagen Golf 1.4 (standard edition)	$36,029.12	$50,771.00 ISK6,417,454	+40.9%
Taxi trip in downtown area (5 miles)	$13.70	$28.07 ISK3,548	+104.9%
Average			+88.9%

Aspen vs. Reykjavik - Cost of transportation

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pay 23.0% less for housing

	Aspen	Reykjavik
Internet connection 50 mbps or faster, cable/dsl	$71.67	$81.97 ISK10,361	+14.4%
1-Bedroom apartment in downtown area	$2,933.33	$2,259.48 ISK285,599	-23.0%
1-Bedroom apartment outside city center	$3,250.00	$2,034.90 ISK257,212	-37.4%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$112.79	$60.87 ISK7,694	-46.0%
Average			-23.0%

Aspen vs. Reykjavik - Cost of housing

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pay 78.8% less for childcare

	Aspen	Reykjavik
Private preschool for 1 child, monthly	$1,546.67	$327.78 ISK41,431	-78.8%
Middle school for 1 child, two semesters	$30,700.00	$30,711.08 ISK3,881,881
Average			-78.8%

Aspen vs. Reykjavik - Cost of childcare

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pay 16.4% more for entertainment and sports

	Aspen	Reykjavik
Domestic/local beer (1 pint)	$7.00	$13.12 ISK1,659	+87.5%
Cappuccino in mid-range area	$5.62	$6.17 ISK780	+9.7%
Pack of cigarettes Marlboro or similar	$12.00	$13.94 ISK1,761	+16.1%
Monthly membership at local gym	$135.00	$87.35 ISK11,041	-35.3%
Movie ticket to theater/cinema	$16.50	$17.18 ISK2,172	+4.1%
Average			+16.4%

Aspen vs. Reykjavik - Cost of entertainment and sports

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pay 81.4% more for clothing

	Aspen	Reykjavik
Regular jeans Levi's brand	$69.00	$145.10 ISK18,340	+110.3%
Regular dress from H&M or similar store	$48.75	$63.97 ISK8,086	+31.2%
Running shoes Nike or Adidas	$91.67	$193.43 ISK24,449	+111.0%
Men's business shoes (leather)	$143.75	$248.79 ISK31,447	+73.1%
Average			+81.4%

Aspen vs. Reykjavik - Cost of clothing

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: December 2025

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