Cost of living comparison

compared to

Reykjavik vs. Derry Cost of Living Summary

Reykjavik is 85.1% more expensive than Derry.

Restaurants
pay 99.6% more in Reykjavik
Groceries
pay 84.6% more in Reykjavik
Transportation
pay 26.9% more in Reykjavik
Housing
pay 94.0% more in Reykjavik
Childcare
pay 2.0 times more in Reykjavik
Entertainment and Sports
pay 75.4% more in Reykjavik
Clothing
pay 2.1 times more in Reykjavik

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

Reykjavik vs. Derry Cost Breakdown

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

pay 99.6% more for restaurants

 
Derry
Reykjavik
Basic meal with drink at inexpensive restaurant $13.83
€11.70
$27.48
ISK3,338
Fast food combo meal
McDonalds, or similar
$8.30
€7.02
$22.76
ISK2,765
Bottle of Coca-Cola (11 fl. oz) $2.13
€1.80
$3.34
ISK405

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pay 84.6% more for groceries

 
Derry
Reykjavik
Bread
1 loaf
$1.58
€1.34
$4.63
ISK563
Local cheese (8 oz) $6.94
€5.87
$9.44
ISK1,146
Milk (1 gallon) $5.98
€5.06
$7.63
ISK927

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pay 26.9% more for transportation

 
Derry
Reykjavik
Gasoline (1 gallon) $7.74
€6.55
$9.66
ISK1,173
Monthly public transit pass ?? $88.58
ISK10,760
New Volkswagen Golf 1.4 (standard edition) $42,833.87
€36,244.61
$50,771.00
ISK6M

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pay 94.0% more for housing

 
Derry
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$55.38
€46.86
$81.97
ISK9,957
1-Bedroom apartment in downtown area $732.85
€620.12
$2,259.48
ISK274K
1-Bedroom apartment outside city center $718.77
€608.20
$2,034.90
ISK247K

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pay 2.0 times more for childcare

 
Derry
Reykjavik
Private preschool for 1 child, monthly $1,070.60
€905.91
$327.78
ISK39,815
Middle school for 1 child, two semesters $8,175.52
€6,917.85
$30,711.08
ISK4M

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pay 75.4% more for entertainment and sports

 
Derry
Reykjavik
Domestic/local beer (1 pint) $5.47
€4.63
$13.12
ISK1,594
Cappuccino in mid-range area $4.42
€3.74
$6.17
ISK750
Pack of cigarettes
Marlboro or similar
$16.12
€13.64
$13.94
ISK1,693

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pay 2.1 times more for clothing

 
Derry
Reykjavik
Regular jeans
Levi's brand
$91.10
€77.08
$145.10
ISK17,625
Regular dress
from H&M or similar store
$37.96
€32.12
$63.97
ISK7,770
Running shoes
Nike or Adidas
$102.40
€86.65
$193.43
ISK23,496

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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: March 2026
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