Cost of living comparison

compared to

Reykjavik vs. Corfu Cost of Living Summary

Reykjavik is 2.3 times more expensive than Corfu.

Restaurants
pay 2.7 times more in Reykjavik
Groceries
pay 2.4 times more in Reykjavik
Transportation
pay 55.8% more in Reykjavik
Housing
pay 2.6 times more in Reykjavik
Childcare
pay 3.1 times more in Reykjavik
Entertainment and Sports
pay 93.6% more in Reykjavik
Clothing
pay 85.0% more in Reykjavik

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

Reykjavik vs. Corfu Cost Breakdown

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

pay 2.7 times more for restaurants

 
Corfu
Reykjavik
Basic meal with drink at inexpensive restaurant $17.52
€14.93
$27.48
ISK3,473
Fast food combo meal
McDonalds, or similar
$8.18
€6.97
$22.76
ISK2,877
Bottle of Coca-Cola (11 fl. oz) $1.67
€1.43
$3.34
ISK422

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pay 2.4 times more for groceries

 
Corfu
Reykjavik
Bread
1 loaf
$1.32
€1.12
$4.63
ISK586
Local cheese (8 oz) $6.69
€5.70
$9.44
ISK1,193
Milk (1 gallon) $5.72
€4.87
$7.63
ISK964

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pay 55.8% more for transportation

 
Corfu
Reykjavik
Gasoline (1 gallon) $8.06
€6.87
$9.66
ISK1,221
Monthly public transit pass $58.40
€49.76
$88.58
ISK11,197
New Volkswagen Golf 1.4 (standard edition) $32,645.89
€27,814.50
$50,771.00
ISK6,417,454

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pay 2.6 times more for housing

 
Corfu
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$36.21
€30.85
$81.97
ISK10,361
1-Bedroom apartment in downtown area $636.55
€542.35
$2,259.48
ISK285,599
1-Bedroom apartment outside city center $490.56
€417.96
$2,034.90
ISK257,212

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pay 3.1 times more for childcare

 
Corfu
Reykjavik
Private preschool for 1 child, monthly $520.92
€443.83
$327.78
ISK41,431
Middle school for 1 child, two semesters $5,606.35
€4,776.64
$30,711.08
ISK3,881,881

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pay 93.6% more for entertainment and sports

 
Corfu
Reykjavik
Domestic/local beer (1 pint) $5.84
€4.98
$13.12
ISK1,659
Cappuccino in mid-range area $4.13
€3.52
$6.17
ISK780
Pack of cigarettes
Marlboro or similar
$5.37
€4.58
$13.94
ISK1,761

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pay 85.0% more for clothing

 
Corfu
Reykjavik
Regular jeans
Levi's brand
$113.88
€97.03
$145.10
ISK18,340
Regular dress
from H&M or similar store
$39.42
€33.59
$63.97
ISK8,086
Running shoes
Nike or Adidas
$100.74
€85.83
$193.43
ISK24,449

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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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