Cost of living comparison
compared to
Reykjavik vs. Grand Island Cost Breakdown
If you lived in Reykjavik instead of Grand Island, you would:
pay (unknown) more for restaurants
|
Grand Island
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant | ?? |
$27.48
ISK3,473
|
|
|
Fast food combo meal
McDonalds, or similar
|
?? |
$22.76
ISK2,877
|
|
| Bottle of Coca-Cola (11 fl. oz) | ?? |
$3.34
ISK422
|
|
| Bottle of water (11 fl. oz) | ?? |
$2.70
ISK341
|
Grand Island vs. Reykjavik - Cost of restaurants
pay (unknown) more for groceries
|
Grand Island
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
?? |
$4.63
ISK586
|
|
| Local cheese (8 oz) | ?? |
$9.44
ISK1,193
|
|
| Milk (1 gallon) | ?? |
$7.63
ISK964
|
|
|
Eggs
1 dozen
|
?? |
$6.50
ISK822
|
|
| Boneless chicken breast (1 lb) | ?? |
$11.29
ISK1,427
|
|
| Apples (1 lb) | ?? |
$1.59
ISK201
|
|
| Bananas (1 lb) | ?? |
$1.17
ISK148
|
|
| Oranges (1 lb) | ?? |
$1.49
ISK188
|
|
| Tomatoes (1 lb) | ?? |
$2.54
ISK321
|
|
| Potatoes (1 lb) | ?? |
$1.70
ISK214
|
|
| Onions (1 lb) | ?? |
$1.13
ISK143
|
Grand Island vs. Reykjavik - Cost of groceries
pay (unknown) more for transportation
|
Grand Island
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) | ?? |
$9.66
ISK1,221
|
|
| Monthly public transit pass | ?? |
$88.58
ISK11,197
|
|
| New Volkswagen Golf 1.4 (standard edition) | ?? |
$50,771.00
ISK6,417,454
|
|
| Taxi trip in downtown area (5 miles) | ?? |
$28.07
ISK3,548
|
Grand Island vs. Reykjavik - Cost of transportation
pay (unknown) more for housing
|
Grand Island
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
?? |
$81.97
ISK10,361
|
|
| 1-Bedroom apartment in downtown area | ?? |
$2,259.48
ISK285,599
|
|
| 1-Bedroom apartment outside city center | ?? |
$2,034.90
ISK257,212
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
?? |
$60.87
ISK7,694
|
Grand Island vs. Reykjavik - Cost of housing
pay (unknown) more for childcare
|
Grand Island
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly | ?? |
$327.78
ISK41,431
|
|
| Middle school for 1 child, two semesters | ?? |
$30,711.08
ISK3,881,881
|
Grand Island vs. Reykjavik - Cost of childcare
pay (unknown) more for entertainment and sports
|
Grand Island
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) | ?? |
$13.12
ISK1,659
|
|
| Cappuccino in mid-range area | ?? |
$6.17
ISK780
|
|
|
Pack of cigarettes
Marlboro or similar
|
?? |
$13.94
ISK1,761
|
|
| Monthly membership at local gym | ?? |
$87.35
ISK11,041
|
|
| Movie ticket to theater/cinema | ?? |
$17.18
ISK2,172
|
Grand Island vs. Reykjavik - Cost of entertainment and sports
pay (unknown) more for clothing
|
Grand Island
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
?? |
$145.10
ISK18,340
|
|
|
Regular dress
from H&M or similar store
|
?? |
$63.97
ISK8,086
|
|
|
Running shoes
Nike or Adidas
|
?? |
$193.43
ISK24,449
|
|
| Men's business shoes (leather) | ?? |
$248.79
ISK31,447
|
Grand Island vs. Reykjavik - Cost of clothing
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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