Cost of living comparison

compared to

Reykjavik vs. Barbados Cost of Living Summary

Reykjavik is 74.6% more expensive than Barbados.

Restaurants: pay 50.3% more in Reykjavik
Groceries: pay 14.1% more in Reykjavik
Transportation: pay 1.7% less in Reykjavik
Housing: pay 94.5% more in Reykjavik
Childcare: pay 63.9% more in Reykjavik
Entertainment and Sports: pay 2.1 times more in Reykjavik
Clothing: pay 2.9 times more in Reykjavik

The cost of clothing, entertainment and sports, housing, childcare, restaurants, and groceries in Reykjavik are more expensive than in Barbados. Notably, clothing, entertainment and sports, and housing are significantly more expensive in Reykjavik.

Reykjavik vs. Barbados Cost Breakdown

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

Display currency: USD

pay 50.3% more for restaurants

	Barbados	Reykjavik
Basic meal with drink at inexpensive restaurant	$25.00 BBD50.00	$27.48 ISK3,473	+9.9%
Fast food combo meal McDonalds, or similar	$12.50 BBD25.00	$22.76 ISK2,877	+82.1%
Bottle of Coca-Cola (11 fl. oz)	$2.15 BBD4.30	$3.34 ISK422	+55.1%
Bottle of water (11 fl. oz)	$1.75 BBD3.50	$2.70 ISK341	+54.1%
Average			+50.3%

Barbados vs. Reykjavik - Cost of restaurants

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pay 14.1% more for groceries

	Barbados	Reykjavik
Bread 1 loaf	$2.65 BBD5.30	$4.63 ISK586	+75.0%
Local cheese (8 oz)	$3.33 BBD6.67	$9.44 ISK1,193	+183.1%
Milk (1 gallon)	$13.53 BBD27.07	$7.63 ISK964	-43.6%
Eggs 1 dozen	$5.93 BBD11.85	$6.50 ISK822	+9.7%
Boneless chicken breast (1 lb)	$5.98 BBD11.96	$11.29 ISK1,427	+88.9%
Apples (1 lb)	$2.14 BBD4.28	$1.59 ISK201	-25.6%
Bananas (1 lb)	$1.42 BBD2.83	$1.17 ISK148	-17.5%
Oranges (1 lb)	$2.42 BBD4.84	$1.49 ISK188	-38.5%
Tomatoes (1 lb)	$2.44 BBD4.88	$2.54 ISK321	+4.0%
Potatoes (1 lb)	$2.49 BBD4.97	$1.70 ISK214	-31.8%
Onions (1 lb)	$2.19 BBD4.38	$1.13 ISK143	-48.4%
Average			+14.1%

Barbados vs. Reykjavik - Cost of groceries

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pay 1.7% less for transportation

	Barbados	Reykjavik
Gasoline (1 gallon)	$7.72 BBD15.44	$9.66 ISK1,221	+25.1%
Monthly public transit pass	??	$88.58 ISK11,197
New Volkswagen Golf 1.4 (standard edition)	$50,000.00 BBD100,000.00	$50,771.00 ISK6,417,454	+1.5%
Taxi trip in downtown area (5 miles)	$41.05 BBD82.09	$28.07 ISK3,548	-31.6%
Average			-1.7%

Barbados vs. Reykjavik - Cost of transportation

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pay 94.5% more for housing

	Barbados	Reykjavik
Internet connection 50 mbps or faster, cable/dsl	$86.67 BBD173.33	$81.97 ISK10,361	-5.4%
1-Bedroom apartment in downtown area	$666.67 BBD1,333.33	$2,259.48 ISK285,599	+238.9%
1-Bedroom apartment outside city center	$666.67 BBD1,333.33	$2,034.90 ISK257,212	+205.2%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$154.85 BBD309.71	$60.87 ISK7,694	-60.7%
Average			+94.5%

Barbados vs. Reykjavik - Cost of housing

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pay 63.9% more for childcare

	Barbados	Reykjavik
Private preschool for 1 child, monthly	$200.00 BBD400.00	$327.78 ISK41,431	+63.9%
Middle school for 1 child, two semesters	??	$30,711.08 ISK3,881,881
Average			+63.9%

Barbados vs. Reykjavik - Cost of childcare

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pay 2.1 times more for entertainment and sports

	Barbados	Reykjavik
Domestic/local beer (1 pint)	$3.00 BBD5.99	$13.12 ISK1,659	+338.2%
Cappuccino in mid-range area	$4.60 BBD9.20	$6.17 ISK780	+34.2%
Pack of cigarettes Marlboro or similar	$7.50 BBD15.00	$13.94 ISK1,761	+85.8%
Monthly membership at local gym	$72.50 BBD145.00	$87.35 ISK11,041	+20.5%
Movie ticket to theater/cinema	$10.00 BBD20.00	$17.18 ISK2,172	+71.8%
Average			+110.1%

Barbados vs. Reykjavik - Cost of entertainment and sports

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pay 2.9 times more for clothing

	Barbados	Reykjavik
Regular jeans Levi's brand	$55.00 BBD110.00	$145.10 ISK18,340	+163.8%
Regular dress from H&M or similar store	$28.33 BBD56.67	$63.97 ISK8,086	+125.8%
Running shoes Nike or Adidas	$87.50 BBD175.00	$193.43 ISK24,449	+121.1%
Men's business shoes (leather)	$55.00 BBD110.00	$248.79 ISK31,447	+352.3%
Average			+190.8%

Barbados 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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