Cost of living comparison

compared to

Reykjavik vs. Birmingham Cost of Living Summary

Reykjavik is 39.4% more expensive than Birmingham.

Restaurants
pay 99.7% more in Reykjavik
Groceries
pay 11.8% more in Reykjavik
Transportation
pay 63.9% more in Reykjavik
Housing
pay 22.8% more in Reykjavik
Childcare
pay 12.1% more in Reykjavik
Entertainment and Sports
pay 73.6% more in Reykjavik
Clothing
pay 90.3% more in Reykjavik

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

Reykjavik vs. Birmingham Cost Breakdown

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

pay 99.7% more for restaurants

 
Birmingham
Reykjavik
Basic meal with drink at inexpensive restaurant $17.50
 
$31.06
ISK3,813
Fast food combo meal
McDonalds, or similar
$9.00
 
$26.97
ISK3,312
Bottle of Coca-Cola (11 fl. oz) $2.70
 
$3.31
ISK407

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pay 11.8% more for groceries

 
Birmingham
Reykjavik
Bread
1 loaf
$3.04
 
$4.19
ISK515
Local cheese (8 oz) $4.76
 
$10.93
ISK1,342
Milk (1 gallon) $3.99
 
$7.78
ISK955

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pay 63.9% more for transportation

 
Birmingham
Reykjavik
Gasoline (1 gallon) $3.53
 
$7.76
ISK953
Monthly public transit pass $80.00
 
$94.80
ISK11,641
New Volkswagen Golf 1.4 (standard edition) $34,617.00
 
$50,588.43
ISK6M

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pay 22.8% more for housing

 
Birmingham
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$70.00
 
$86.01
ISK10,561
1-Bedroom apartment in downtown area $1,706.33
 
$2,522.88
ISK310K
1-Bedroom apartment outside city center $1,224.50
 
$2,032.25
ISK250K

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pay 12.1% more for childcare

 
Birmingham
Reykjavik
Private preschool for 1 child, monthly $1,350.00
 
$1,185.23
ISK146K
Middle school for 1 child, two semesters $18,061.33
 
$25,853.51
ISK3M

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pay 73.6% more for entertainment and sports

 
Birmingham
Reykjavik
Domestic/local beer (1 pint) $5.00
 
$13.89
ISK1,706
Cappuccino in mid-range area $5.74
 
$6.74
ISK828
Pack of cigarettes
Marlboro or similar
$9.79
 
$13.89
ISK1,706

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pay 90.3% more for clothing

 
Birmingham
Reykjavik
Regular jeans
Levi's brand
$58.50
 
$149.01
ISK18,297
Regular dress
from H&M or similar store
$38.75
 
$65.79
ISK8,078
Running shoes
Nike or Adidas
$108.75
 
$181.84
ISK22,328

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated November 2026). How we calculate this

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