Cost of living comparison

compared to

Reykjavik vs. Gottingen Cost of Living Summary

Reykjavik is 55.4% more expensive than Gottingen.

Restaurants
pay 47.1% more in Reykjavik
Groceries
pay 60.2% more in Reykjavik
Transportation
pay 29.0% more in Reykjavik
Housing
pay 2.1 times more in Reykjavik
Childcare
pay 2.0% more in Reykjavik
Entertainment and Sports
pay 78.2% more in Reykjavik
Clothing
pay 56.0% more in Reykjavik

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

Reykjavik vs. Gottingen Cost Breakdown

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

pay 47.1% more for restaurants

 
Gottingen
Reykjavik
Basic meal with drink at inexpensive restaurant $15.77
€13.28
$27.48
ISK3,357
Fast food combo meal
McDonalds, or similar
$11.10
€9.35
$22.76
ISK2,781
Bottle of Coca-Cola (11 fl. oz) $3.04
€2.56
$3.34
ISK407

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pay 60.2% more for groceries

 
Gottingen
Reykjavik
Bread
1 loaf
$2.33
€1.96
$4.63
ISK566
Local cheese (8 oz) $7.47
€6.29
$9.44
ISK1,153
Milk (1 gallon) $4.85
€4.08
$7.63
ISK932

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pay 29.0% more for transportation

 
Gottingen
Reykjavik
Gasoline (1 gallon) $7.57
€6.37
$9.66
ISK1,180
Monthly public transit pass $63.07
€53.13
$88.58
ISK10,822
New Volkswagen Golf 1.4 (standard edition) $31,745.96
€26,740.19
$50,771.00
ISK6M

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pay 2.1 times more for housing

 
Gottingen
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$53.88
€45.39
$81.97
ISK10,014
1-Bedroom apartment in downtown area $731.16
€615.87
$2,259.48
ISK276K
1-Bedroom apartment outside city center $547.01
€460.76
$2,034.90
ISK249K

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pay 2.0% more for childcare

 
Gottingen
Reykjavik
Private preschool for 1 child, monthly $321.20
€270.55
$327.78
ISK40,045
Middle school for 1 child, two semesters ?? $30,711.08
ISK4M

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pay 78.2% more for entertainment and sports

 
Gottingen
Reykjavik
Domestic/local beer (1 pint) $4.96
€4.18
$13.12
ISK1,603
Cappuccino in mid-range area $3.80
€3.20
$6.17
ISK754
Pack of cigarettes
Marlboro or similar
$9.87
€8.31
$13.94
ISK1,702

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pay 56.0% more for clothing

 
Gottingen
Reykjavik
Regular jeans
Levi's brand
$71.25
€60.01
$145.10
ISK17,726
Regular dress
from H&M or similar store
$44.97
€37.88
$63.97
ISK7,815
Running shoes
Nike or Adidas
$139.87
€117.81
$193.43
ISK23,631

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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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