Cost of living comparison

compared to

Reykjavik vs. Frederick Cost of Living Summary

Reykjavik is 59.4% more expensive than Frederick.

Restaurants
pay 61.3% more in Reykjavik
Groceries
pay 22.2% more in Reykjavik
Transportation
pay 2.1 times more in Reykjavik
Housing
pay 19.3% more in Reykjavik
Childcare
pay 27.0% less in Reykjavik
Entertainment and Sports
pay 72.7% more in Reykjavik
Clothing
pay 2.6 times more in Reykjavik

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

Reykjavik vs. Frederick Cost Breakdown

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

pay 61.3% more for restaurants

 
Frederick
Reykjavik
Basic meal with drink at inexpensive restaurant $18.00
 
$27.48
ISK3,387
Fast food combo meal
McDonalds, or similar
$9.50
 
$22.76
ISK2,806
Bottle of Coca-Cola (11 fl. oz) $2.60
 
$3.34
ISK411

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pay 22.2% more for groceries

 
Frederick
Reykjavik
Bread
1 loaf
$3.78
 
$4.63
ISK571
Local cheese (8 oz) $6.25
 
$9.44
ISK1,163
Milk (1 gallon) $3.58
 
$7.63
ISK941

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pay 2.1 times more for transportation

 
Frederick
Reykjavik
Gasoline (1 gallon) $3.16
 
$9.66
ISK1,191
Monthly public transit pass ?? $88.58
ISK10,920
New Volkswagen Golf 1.4 (standard edition) $32,500.00
 
$50,771.00
ISK6M

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pay 19.3% more for housing

 
Frederick
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$62.50
 
$81.97
ISK10,104
1-Bedroom apartment in downtown area $1,762.50
 
$2,259.48
ISK279K
1-Bedroom apartment outside city center $1,425.00
 
$2,034.90
ISK251K

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pay 27.0% less for childcare

 
Frederick
Reykjavik
Private preschool for 1 child, monthly $1,833.33
 
$327.78
ISK40,405
Middle school for 1 child, two semesters $24,000.00
 
$30,711.08
ISK4M

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pay 72.7% more for entertainment and sports

 
Frederick
Reykjavik
Domestic/local beer (1 pint) $5.00
 
$13.12
ISK1,618
Cappuccino in mid-range area $4.56
 
$6.17
ISK761
Pack of cigarettes
Marlboro or similar
$10.00
 
$13.94
ISK1,718

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pay 2.6 times more for clothing

 
Frederick
Reykjavik
Regular jeans
Levi's brand
$37.57
 
$145.10
ISK17,886
Regular dress
from H&M or similar store
$36.33
 
$63.97
ISK7,885
Running shoes
Nike or Adidas
$83.75
 
$193.43
ISK23,844

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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: January 2026
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