Cost of living comparison
compared to
Reykjavik vs. Billings Cost of Living Summary
Reykjavik is 58.9% more expensive than Billings.
- Restaurants
-
pay 44.3% more in Reykjavik
- Groceries
-
pay 39.9% more in Reykjavik
- Transportation
-
pay 2.6 times more in Reykjavik
- Housing
-
pay 40.5% more in Reykjavik
- Childcare
-
pay 36.9% less in Reykjavik
- Entertainment and Sports
-
pay 75.4% more in Reykjavik
- Clothing
-
pay 86.1% more in Reykjavik
The cost of transportation, clothing, entertainment and sports, restaurants, housing, and groceries in Reykjavik are more expensive than in Billings. Notably, transportation, clothing, and entertainment and sports are significantly more expensive in Reykjavik.
Reykjavik vs. Billings Cost Breakdown
If you lived in Reykjavik instead of Billings, you would:
pay 44.3% more for restaurants
|
Billings
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$26.00
|
$27.48
ISK3,379
|
|
|
Fast food combo meal
McDonalds, or similar
|
$13.50
|
$22.76
ISK2,799
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.44
|
$3.34
ISK410
|
|
| Bottle of water (11 fl. oz) |
$1.62
|
$2.70
ISK332
|
|
Billings vs. Reykjavik - Cost of restaurants
pay 39.9% more for groceries
|
Billings
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.33
|
$4.63
ISK570
|
|
| Local cheese (8 oz) |
$7.12
|
$9.44
ISK1,161
|
|
| Milk (1 gallon) |
$4.33
|
$7.63
ISK938
|
|
|
Eggs
1 dozen
|
$3.10
|
$6.50
ISK800
|
|
| Boneless chicken breast (1 lb) |
$5.66
|
$11.29
ISK1,389
|
|
| Apples (1 lb) |
$2.02
|
$1.59
ISK196
|
|
| Bananas (1 lb) |
$0.65
|
$1.17
ISK144
|
|
| Oranges (1 lb) |
$1.75
|
$1.49
ISK183
|
|
| Tomatoes (1 lb) |
$2.86
|
$2.54
ISK312
|
|
| Potatoes (1 lb) |
$0.84
|
$1.70
ISK209
|
|
| Onions (1 lb) |
$1.44
|
$1.13
ISK139
|
|
Billings vs. Reykjavik - Cost of groceries
pay 2.6 times more for transportation
|
Billings
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.05
|
$9.66
ISK1,188
|
|
| Monthly public transit pass |
$28.00
|
$88.58
ISK10,895
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$24,000.00
|
$50,771.00
ISK6M
|
|
| Taxi trip in downtown area (5 miles) |
$13.44
|
$28.07
ISK3,452
|
|
Billings vs. Reykjavik - Cost of transportation
pay 40.5% more for housing
|
Billings
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$86.33
|
$81.97
ISK10,081
|
|
| 1-Bedroom apartment in downtown area |
$1,150.00
|
$2,259.48
ISK278K
|
|
| 1-Bedroom apartment outside city center |
$937.50
|
$2,034.90
ISK250K
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$113.28
|
$60.87
ISK7,487
|
|
Billings vs. Reykjavik - Cost of housing
pay 36.9% less for childcare
|
Billings
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,086.67
|
$327.78
ISK40,314
|
|
| Middle school for 1 child, two semesters |
$32,000.00
|
$30,711.08
ISK4M
|
|
Billings vs. Reykjavik - Cost of childcare
pay 75.4% more for entertainment and sports
|
Billings
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.12
|
$13.12
ISK1,614
|
|
| Cappuccino in mid-range area |
$5.90
|
$6.17
ISK759
|
|
|
Pack of cigarettes
Marlboro or similar
|
$9.25
|
$13.94
ISK1,714
|
|
| Monthly membership at local gym |
$48.33
|
$87.35
ISK10,743
|
|
| Movie ticket to theater/cinema |
$14.00
|
$17.18
ISK2,113
|
|
Billings vs. Reykjavik - Cost of entertainment and sports
pay 86.1% more for clothing
|
Billings
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$56.67
|
$145.10
ISK17,845
|
|
|
Regular dress
from H&M or similar store
|
$67.50
|
$63.97
ISK7,867
|
|
|
Running shoes
Nike or Adidas
|
$101.67
|
$193.43
ISK23,790
|
|
| Men's business shoes (leather) |
$122.50
|
$248.79
ISK30,599
|
|
Billings vs. Reykjavik - Cost of clothing
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: February 2026
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