Cost of living comparison

compared to

Reykjavik vs. Charlotte Amalie Cost of Living Summary

Reykjavik is 18.5% more expensive than Charlotte Amalie.

Restaurants
pay 25.2% more in Reykjavik
Groceries
pay 27.6% less in Reykjavik
Transportation
pay 66.6% more in Reykjavik
Housing
pay 51.4% less in Reykjavik
Entertainment and Sports
pay 79.6% more in Reykjavik

The cost of entertainment and sports, transportation, and restaurants in Reykjavik are more expensive than in Charlotte Amalie. Expenses including housing and groceries are lower in Reykjavik. Notably, entertainment and sports is significantly more expensive in Reykjavik.

Reykjavik vs. Charlotte Amalie Cost Breakdown

If you lived in Reykjavik instead of Charlotte Amalie, you would:

pay 25.2% more for restaurants

 
Charlotte Amalie
Reykjavik
Basic meal with drink at inexpensive restaurant $25.00
 
$27.48
ISK3,452
Fast food combo meal
McDonalds, or similar
$12.00
 
$22.76
ISK2,859
Bottle of Coca-Cola (11 fl. oz) $3.00
 
$3.34
ISK419

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pay 27.6% less for groceries

 
Charlotte Amalie
Reykjavik
Bread
1 loaf
$9.00
 
$4.63
ISK582
Local cheese (8 oz) ?? $9.44
ISK1,186
Milk (1 gallon) $10.50
 
$7.63
ISK959

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pay 66.6% more for transportation

 
Charlotte Amalie
Reykjavik
Gasoline (1 gallon) $5.80
 
$9.66
ISK1,214
Monthly public transit pass ?? $88.58
ISK11,129
New Volkswagen Golf 1.4 (standard edition) ?? $50,771.00
ISK6,378,360

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pay 51.4% less for housing

 
Charlotte Amalie
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$116.00
 
$81.97
ISK10,298
1-Bedroom apartment in downtown area ?? $2,259.48
ISK283,859
1-Bedroom apartment outside city center ?? $2,034.90
ISK255,645

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pay (unknown) more for childcare

 
Charlotte Amalie
Reykjavik
Private preschool for 1 child, monthly ?? $327.78
ISK41,179
Middle school for 1 child, two semesters ?? $30,711.08
ISK3,858,233

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pay 79.6% more for entertainment and sports

 
Charlotte Amalie
Reykjavik
Domestic/local beer (1 pint) $7.00
 
$13.12
ISK1,649
Cappuccino in mid-range area $8.50
 
$6.17
ISK776
Pack of cigarettes
Marlboro or similar
$5.00
 
$13.94
ISK1,751

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pay (unknown) more for clothing

 
Charlotte Amalie
Reykjavik
Regular jeans
Levi's brand
?? $145.10
ISK18,228
Regular dress
from H&M or similar store
?? $63.97
ISK8,036
Running shoes
Nike or Adidas
?? $193.43
ISK24,301

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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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