Cost of living comparison

compared to

Reykjavik vs. Dallas Cost of Living Summary

Reykjavik is 39.6% more expensive than Dallas.

Restaurants
pay 42.0% more in Reykjavik
Groceries
pay 36.3% more in Reykjavik
Transportation
pay 78.7% more in Reykjavik
Housing
pay 4.4% more in Reykjavik
Childcare
pay 22.8% less in Reykjavik
Entertainment and Sports
pay 49.3% more in Reykjavik
Clothing
pay 89.1% more in Reykjavik

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

Reykjavik vs. Dallas Cost Breakdown

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

pay 42.0% more for restaurants

 
Dallas
Reykjavik
Basic meal with drink at inexpensive restaurant $20.00
 
$27.48
ISK3,372
Fast food combo meal
McDonalds, or similar
$12.00
 
$22.76
ISK2,793
Bottle of Coca-Cola (11 fl. oz) $2.75
 
$3.34
ISK409

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pay 36.3% more for groceries

 
Dallas
Reykjavik
Bread
1 loaf
$3.71
 
$4.63
ISK569
Local cheese (8 oz) $6.58
 
$9.44
ISK1,158
Milk (1 gallon) $3.63
 
$7.63
ISK936

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pay 78.7% more for transportation

 
Dallas
Reykjavik
Gasoline (1 gallon) $3.05
 
$9.66
ISK1,185
Monthly public transit pass $94.00
 
$88.58
ISK10,870
New Volkswagen Golf 1.4 (standard edition) $36,755.39
 
$50,771.00
ISK6M

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pay 4.4% more for housing

 
Dallas
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$71.96
 
$81.97
ISK10,058
1-Bedroom apartment in downtown area $1,669.75
 
$2,259.48
ISK277K
1-Bedroom apartment outside city center $1,536.04
 
$2,034.90
ISK250K

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pay 22.8% less for childcare

 
Dallas
Reykjavik
Private preschool for 1 child, monthly $1,151.88
 
$327.78
ISK40,222
Middle school for 1 child, two semesters $24,380.00
 
$30,711.08
ISK4M

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pay 49.3% more for entertainment and sports

 
Dallas
Reykjavik
Domestic/local beer (1 pint) $7.00
 
$13.12
ISK1,610
Cappuccino in mid-range area $5.63
 
$6.17
ISK758
Pack of cigarettes
Marlboro or similar
$10.00
 
$13.94
ISK1,710

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pay 89.1% more for clothing

 
Dallas
Reykjavik
Regular jeans
Levi's brand
$55.69
 
$145.10
ISK17,805
Regular dress
from H&M or similar store
$48.92
 
$63.97
ISK7,850
Running shoes
Nike or Adidas
$110.63
 
$193.43
ISK23,736

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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: February 2026
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