Cost of living comparison

compared to

Reykjavik vs. Forest Park Cost Breakdown

If you lived in Reykjavik instead of Forest Park, you would:

pay (unknown) more for restaurants

 
Forest Park
Reykjavik
Basic meal with drink at inexpensive restaurant ?? $27.48
ISK3,455
Fast food combo meal
McDonalds, or similar
?? $22.76
ISK2,862
Bottle of Coca-Cola (11 fl. oz) ?? $3.34
ISK419

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pay (unknown) more for groceries

 
Forest Park
Reykjavik
Bread
1 loaf
?? $4.63
ISK583
Local cheese (8 oz) ?? $9.44
ISK1,187
Milk (1 gallon) ?? $7.63
ISK959

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pay (unknown) more for transportation

 
Forest Park
Reykjavik
Gasoline (1 gallon) ?? $9.66
ISK1,215
Monthly public transit pass ?? $88.58
ISK11,138
New Volkswagen Golf 1.4 (standard edition) ?? $50,771.00
ISK6,383,438

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pay (unknown) more for housing

 
Forest Park
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
?? $81.97
ISK10,306
1-Bedroom apartment in downtown area ?? $2,259.48
ISK284,085
1-Bedroom apartment outside city center ?? $2,034.90
ISK255,848

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pay (unknown) more for childcare

 
Forest Park
Reykjavik
Private preschool for 1 child, monthly ?? $327.78
ISK41,212
Middle school for 1 child, two semesters ?? $30,711.08
ISK3,861,304

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pay (unknown) more for entertainment and sports

 
Forest Park
Reykjavik
Domestic/local beer (1 pint) ?? $13.12
ISK1,650
Cappuccino in mid-range area ?? $6.17
ISK776
Pack of cigarettes
Marlboro or similar
?? $13.94
ISK1,752

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pay (unknown) more for clothing

 
Forest Park
Reykjavik
Regular jeans
Levi's brand
?? $145.10
ISK18,243
Regular dress
from H&M or similar store
?? $63.97
ISK8,043
Running shoes
Nike or Adidas
?? $193.43
ISK24,320

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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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See the cost of living in United States vs. Iceland. This provides a comparison of the average cost of living from cities within United States and Iceland.

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