Cost of living comparison

compared to

Reykjavik vs. Centreville Cost of Living Summary

Reykjavik is 22.7% more expensive than Centreville.

Restaurants
pay 28.8% more in Reykjavik
Groceries
pay 1.0% more in Reykjavik
Transportation
pay 79.1% more in Reykjavik
Housing
pay 16.1% less in Reykjavik
Childcare
pay 49.0% less in Reykjavik
Entertainment and Sports
pay 28.1% more in Reykjavik
Clothing
pay 86.7% more in Reykjavik

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

Reykjavik vs. Centreville Cost Breakdown

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

pay 28.8% more for restaurants

 
Centreville
Reykjavik
Basic meal with drink at inexpensive restaurant $22.00
 
$27.48
ISK3,445
Fast food combo meal
McDonalds, or similar
$13.20
 
$22.76
ISK2,854
Bottle of Coca-Cola (11 fl. oz) $2.97
 
$3.34
ISK418

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pay 1.0% more for groceries

 
Centreville
Reykjavik
Bread
1 loaf
$4.23
 
$4.63
ISK581
Local cheese (8 oz) $10.87
 
$9.44
ISK1,183
Milk (1 gallon) $4.39
 
$7.63
ISK957

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pay 79.1% more for transportation

 
Centreville
Reykjavik
Gasoline (1 gallon) $3.17
 
$9.66
ISK1,211
Monthly public transit pass $200.00
 
$88.58
ISK11,106
New Volkswagen Golf 1.4 (standard edition) $34,231.99
 
$50,771.00
ISK6M

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pay 16.1% less for housing

 
Centreville
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$67.00
 
$81.97
ISK10,277
1-Bedroom apartment in downtown area $2,750.00
 
$2,259.48
ISK283K
1-Bedroom apartment outside city center $2,150.00
 
$2,034.90
ISK255K

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pay 49.0% less for childcare

 
Centreville
Reykjavik
Private preschool for 1 child, monthly $1,966.67
 
$327.78
ISK41,097
Middle school for 1 child, two semesters $36,066.67
 
$30,711.08
ISK4M

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pay 28.1% more for entertainment and sports

 
Centreville
Reykjavik
Domestic/local beer (1 pint) $6.00
 
$13.12
ISK1,645
Cappuccino in mid-range area $5.79
 
$6.17
ISK774
Pack of cigarettes
Marlboro or similar
$11.25
 
$13.94
ISK1,747

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pay 86.7% more for clothing

 
Centreville
Reykjavik
Regular jeans
Levi's brand
$59.22
 
$145.10
ISK18,192
Regular dress
from H&M or similar store
$49.90
 
$63.97
ISK8,020
Running shoes
Nike or Adidas
$116.25
 
$193.43
ISK24,252

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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: April 2026
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