Cost of living comparison

Ireland

compared to

Iceland

Reykjavik vs. Cork Cost of Living Summary

Reykjavik is 26.8% more expensive than Cork.

Restaurants: pay 57.6% more in Reykjavik
Groceries: pay 31.6% more in Reykjavik
Transportation: pay 19.1% more in Reykjavik
Housing: pay 0.8% less in Reykjavik
Childcare: pay 2.3 times more in Reykjavik
Entertainment and Sports: pay 53.8% more in Reykjavik
Clothing: pay 70.5% more in Reykjavik

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

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Reykjavik vs. Cork Cost Breakdown

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

Display currency: USD

pay 57.6% more for restaurants

	Cork	Reykjavik
Basic meal with drink at inexpensive restaurant	$22.38 €20.08	$31.06 ISK3,813	+38.7%
Fast food combo meal McDonalds, or similar	$12.85 €11.53	$26.97 ISK3,312	+109.9%
Bottle of Coca-Cola (11 fl. oz)	$2.90 €2.60	$3.31 ISK407	+14.2%
Bottle of water (11 fl. oz)	$2.20 €1.97	$3.11 ISK381	+41.2%
Average			+57.6%

Cork vs. Reykjavik - Cost of restaurants

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pay 31.6% more for groceries

	Cork	Reykjavik
Bread 1 loaf	$2.31 €2.07	$4.19 ISK515	+81.5%
Local cheese (8 oz)	$6.99 €6.27	$10.93 ISK1,342	+56.3%
Milk (1 gallon)	$6.35 €5.70	$7.78 ISK955	+22.5%
Eggs 1 dozen	$4.54 €4.08	$7.08 ISK869	+55.8%
Boneless chicken breast (1 lb)	$5.90 €5.29	$11.00 ISK1,351	+86.5%
Apples (1 lb)	$1.47 €1.32	$1.50 ISK185	+2.5%
Bananas (1 lb)	$1.33 €1.19	$1.27 ISK156	-4.3%
Oranges (1 lb)	$1.52 €1.36	$1.46 ISK179	-4.0%
Tomatoes (1 lb)	$2.16 €1.94	$2.93 ISK360	+35.6%
Potatoes (1 lb)	$1.05 €0.94	$1.78 ISK218	+69.6%
Onions (1 lb)	$0.81 €0.73	$0.76 ISK93	-6.5%
Average			+31.6%

Cork vs. Reykjavik - Cost of groceries

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pay 19.1% more for transportation

	Cork	Reykjavik
Gasoline (1 gallon)	$8.02 €7.19	$7.76 ISK953	-3.1%
Monthly public transit pass	$76.14 €68.31	$94.80 ISK11,641	+24.5%
New Volkswagen Golf 1.4 (standard edition)	$39,000.39 €34,989.20	$50,588.43 ISK6M	+29.7%
Taxi trip in downtown area (5 miles)	$17.24 €15.47	$29.26 ISK3,593	+69.7%
Average			+19.1%

Cork vs. Reykjavik - Cost of transportation

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pay 0.8% less for housing

	Cork	Reykjavik
Internet connection 50 mbps or faster, cable/dsl	$55.73 €50.00	$86.01 ISK10,561	+54.3%
1-Bedroom apartment in downtown area	$2,161.09 €1,938.82	$2,522.88 ISK310K	+16.7%
1-Bedroom apartment outside city center	$1,811.36 €1,625.06	$2,032.25 ISK250K	+12.2%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$183.99 €165.07	$73.44 ISK9,018	-60.1%
Average			-0.8%

Cork vs. Reykjavik - Cost of housing

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pay 2.3 times more for childcare

	Cork	Reykjavik
Private preschool for 1 child, monthly	$1,078.55 €967.62	$1,185.23 ISK146K	+9.9%
Middle school for 1 child, two semesters	$5,374.73 €4,821.94	$25,853.51 ISK3M	+381.0%
Average			+129.9%

Cork vs. Reykjavik - Cost of childcare

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pay 53.8% more for entertainment and sports

	Cork	Reykjavik
Domestic/local beer (1 pint)	$7.28 €6.53	$13.89 ISK1,706	+90.9%
Cappuccino in mid-range area	$4.38 €3.93	$6.74 ISK828	+54.0%
Pack of cigarettes Marlboro or similar	$20.16 €18.08	$13.89 ISK1,706	-31.1%
Monthly membership at local gym	$53.32 €47.83	$100.25 ISK12,310	+88.0%
Movie ticket to theater/cinema	$13.44 €12.05	$19.57 ISK2,403	+45.7%
Average			+53.8%

Cork vs. Reykjavik - Cost of entertainment and sports

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pay 70.5% more for clothing

	Cork	Reykjavik
Regular jeans Levi's brand	$94.91 €85.15	$149.01 ISK18,297	+57.0%
Regular dress from H&M or similar store	$42.76 €38.37	$65.79 ISK8,078	+53.8%
Running shoes Nike or Adidas	$107.90 €96.80	$181.84 ISK22,328	+68.5%
Men's business shoes (leather)	$119.88 €107.55	$248.81 ISK30,551	+107.5%
Average			+70.5%

Cork vs. Reykjavik - Cost of clothing

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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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