Cost of living comparison

compared to

Reykjavik vs. Green Bay Cost of Living Summary

Reykjavik is 63.2% more expensive than Green Bay.

Restaurants
pay 2.3 times more in Reykjavik
Groceries
pay 38.6% more in Reykjavik
Transportation
pay 87.1% more in Reykjavik
Housing
pay 55.8% more in Reykjavik
Childcare
pay 21.0% less in Reykjavik
Entertainment and Sports
pay 84.6% more in Reykjavik
Clothing
pay 2.2 times more in Reykjavik

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

Reykjavik vs. Green Bay Cost Breakdown

If you lived in Reykjavik instead of Green Bay, you would:

pay 2.3 times more for restaurants

 
Green Bay
Reykjavik
Basic meal with drink at inexpensive restaurant $14.00
 
$31.06
ISK3,813
Fast food combo meal
McDonalds, or similar
$8.75
 
$26.97
ISK3,312
Bottle of Coca-Cola (11 fl. oz) $2.50
 
$3.31
ISK407

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pay 38.6% more for groceries

 
Green Bay
Reykjavik
Bread
1 loaf
$2.81
 
$4.19
ISK515
Local cheese (8 oz) $6.61
 
$10.93
ISK1,342
Milk (1 gallon) $3.02
 
$7.78
ISK955

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pay 87.1% more for transportation

 
Green Bay
Reykjavik
Gasoline (1 gallon) $3.83
 
$7.76
ISK953
Monthly public transit pass $40.00
 
$94.80
ISK11,641
New Volkswagen Golf 1.4 (standard edition) $36,173.97
 
$50,588.43
ISK6M

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pay 55.8% more for housing

 
Green Bay
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$51.25
 
$86.01
ISK10,561
1-Bedroom apartment in downtown area $1,400.00
 
$2,522.88
ISK310K
1-Bedroom apartment outside city center $1,033.33
 
$2,032.25
ISK250K

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pay 21.0% less for childcare

 
Green Bay
Reykjavik
Private preschool for 1 child, monthly $1,500.00
 
$1,185.23
ISK146K
Middle school for 1 child, two semesters ?? $25,853.51
ISK3M

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pay 84.6% more for entertainment and sports

 
Green Bay
Reykjavik
Domestic/local beer (1 pint) $4.00
 
$13.89
ISK1,706
Cappuccino in mid-range area $5.33
 
$6.74
ISK828
Pack of cigarettes
Marlboro or similar
$10.00
 
$13.89
ISK1,706

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pay 2.2 times more for clothing

 
Green Bay
Reykjavik
Regular jeans
Levi's brand
$55.00
 
$149.01
ISK18,297
Regular dress
from H&M or similar store
$35.00
 
$65.79
ISK8,078
Running shoes
Nike or Adidas
$88.50
 
$181.84
ISK22,328

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated November 2026). How we calculate this

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