Cost of living comparison

compared to

Reykjavik vs. Fort Collins Cost of Living Summary

Reykjavik is 54.7% more expensive than Fort Collins.

Restaurants: pay 42.2% more in Reykjavik
Groceries: pay 54.0% more in Reykjavik
Transportation: pay 2.0 times more in Reykjavik
Housing: pay 11.0% more in Reykjavik
Childcare: pay 33.6% more in Reykjavik
Entertainment and Sports: pay 48.5% more in Reykjavik
Clothing: pay 89.1% more in Reykjavik

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

Reykjavik vs. Fort Collins Cost Breakdown

If you lived in Reykjavik instead of Fort Collins, you would:

Display currency: USD

pay 42.2% more for restaurants

	Fort Collins	Reykjavik
Basic meal with drink at inexpensive restaurant	$18.00	$27.48 ISK3,517	+52.7%
Fast food combo meal McDonalds, or similar	$12.00	$22.76 ISK2,913	+89.7%
Bottle of Coca-Cola (11 fl. oz)	$2.60	$3.34 ISK427	+28.3%
Bottle of water (11 fl. oz)	$2.75	$2.70 ISK345	-1.9%
Average			+42.2%

Fort Collins vs. Reykjavik - Cost of restaurants

Improve prices · Change currency (USD)

pay 54.0% more for groceries

	Fort Collins	Reykjavik
Bread 1 loaf	$3.09	$4.63 ISK593	+50.2%
Local cheese (8 oz)	$5.51	$9.44 ISK1,208	+71.2%
Milk (1 gallon)	$3.89	$7.63 ISK976	+96.1%
Eggs 1 dozen	$4.33	$6.50 ISK832	+50.1%
Boneless chicken breast (1 lb)	$3.90	$11.29 ISK1,445	+189.5%
Apples (1 lb)	$1.76	$1.59 ISK204	-9.6%
Bananas (1 lb)	$0.70	$1.17 ISK150	+68.0%
Oranges (1 lb)	$1.95	$1.49 ISK190	-23.7%
Tomatoes (1 lb)	$2.28	$2.54 ISK325	+11.3%
Potatoes (1 lb)	$1.05	$1.70 ISK217	+61.6%
Onions (1 lb)	$0.87	$1.13 ISK145	+29.5%
Average			+54.0%

Fort Collins vs. Reykjavik - Cost of groceries

Improve prices · Change currency (USD)

pay 2.0 times more for transportation

	Fort Collins	Reykjavik
Gasoline (1 gallon)	$3.09	$9.66 ISK1,236	+212.4%
Monthly public transit pass	??	$88.58 ISK11,337
New Volkswagen Golf 1.4 (standard edition)	$36,029.12	$50,771.00 ISK6,497,672	+40.9%
Taxi trip in downtown area (5 miles)	$17.41	$28.07 ISK3,592	+61.2%
Average			+104.8%

Fort Collins vs. Reykjavik - Cost of transportation

Improve prices · Change currency (USD)

pay 11.0% more for housing

	Fort Collins	Reykjavik
Internet connection 50 mbps or faster, cable/dsl	$76.67	$81.97 ISK10,490	+6.9%
1-Bedroom apartment in downtown area	$1,783.33	$2,259.48 ISK289,169	+26.7%
1-Bedroom apartment outside city center	$1,250.00	$2,034.90 ISK260,427	+62.8%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$127.72	$60.87 ISK7,791	-52.3%
Average			+11.0%

Fort Collins vs. Reykjavik - Cost of housing

Improve prices · Change currency (USD)

pay 33.6% more for childcare

	Fort Collins	Reykjavik
Private preschool for 1 child, monthly	$1,525.00	$327.78 ISK41,949	-78.5%
Middle school for 1 child, two semesters	$12,500.00	$30,711.08 ISK3,930,404	+145.7%
Average			+33.6%

Fort Collins vs. Reykjavik - Cost of childcare

Improve prices · Change currency (USD)

pay 48.5% more for entertainment and sports

	Fort Collins	Reykjavik
Domestic/local beer (1 pint)	$7.00	$13.12 ISK1,680	+87.5%
Cappuccino in mid-range area	$5.17	$6.17 ISK790	+19.5%
Pack of cigarettes Marlboro or similar	$9.50	$13.94 ISK1,783	+46.7%
Monthly membership at local gym	$60.00	$87.35 ISK11,179	+45.6%
Movie ticket to theater/cinema	$12.00	$17.18 ISK2,199	+43.2%
Average			+48.5%

Fort Collins vs. Reykjavik - Cost of entertainment and sports

Improve prices · Change currency (USD)

pay 89.1% more for clothing

	Fort Collins	Reykjavik
Regular jeans Levi's brand	$67.50	$145.10 ISK18,569	+115.0%
Regular dress from H&M or similar store	$91.67	$63.97 ISK8,187	-30.2%
Running shoes Nike or Adidas	$80.00	$193.43 ISK24,755	+141.8%
Men's business shoes (leather)	$108.33	$248.79 ISK31,840	+129.7%
Average			+89.1%

Fort Collins vs. Reykjavik - Cost of clothing

Improve prices · Change currency (USD)

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

More cost comparisons

Fort Collins vs.

London

Fort Collins vs.

Madrid

Fort Collins vs.

Hong Kong

Fort Collins vs.

Quito

Fort Collins vs.

Prague

Fort Collins vs.

Washington

Fort Collins vs.

Paris

Fort Collins vs.

Algiers

Share this

Compare countries by overall cost of living

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.

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

Add prices for Fort Collins

Add prices for Reykjavik

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Reykjavik or Fort Collins. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.