Cost of living comparison

compared to

Kopavogur vs. Iceland Cost of Living Summary

Kopavogur is 2.1% cheaper than Iceland overall.

Restaurants: pay 6.1% less in Kopavogur
Groceries: pay 2.8% more in Kopavogur
Transportation: pay 1.3% more in Kopavogur
Housing: pay 10.4% less in Kopavogur
Childcare: pay 2.1% less in Kopavogur
Entertainment and Sports: pay 0.6% less in Kopavogur
Clothing: pay 0.5% more in Kopavogur

The cost of groceries, transportation, and clothing in Kopavogur are more expensive than in Iceland. Expenses including housing, restaurants, childcare, and entertainment and sports are lower in Kopavogur.

Kopavogur vs. Iceland Cost Breakdown

If you lived in Kopavogur instead of Iceland, you would:

Display currency: USD

pay 6.1% less for restaurants

	Iceland	Kopavogur
Basic meal with drink at inexpensive restaurant	$26.52 ISK3,394	$27.48 ISK3,517	+3.6%
Fast food combo meal McDonalds, or similar	$21.32 ISK2,728	$22.76 ISK2,913	+6.8%
Bottle of Coca-Cola (11 fl. oz)	$3.11 ISK398	$2.05 ISK262	-34.1%
Bottle of water (11 fl. oz)	$2.72 ISK348	$2.70 ISK345	-0.8%
Average			-6.1%

Iceland vs. Kopavogur - Cost of restaurants

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pay 2.8% more for groceries

	Iceland	Kopavogur
Bread 1 loaf	$3.80 ISK487	$4.51 ISK577	+18.6%
Local cheese (8 oz)	$9.44 ISK1,208	$9.44 ISK1,208
Milk (1 gallon)	$7.78 ISK996	$6.52 ISK834	-16.2%
Eggs 1 dozen	$6.71 ISK859	$6.50 ISK832	-3.1%
Boneless chicken breast (1 lb)	$11.22 ISK1,436	$11.29 ISK1,445	+0.7%
Apples (1 lb)	$1.50 ISK191	$1.59 ISK204	+6.3%
Bananas (1 lb)	$1.15 ISK147	$1.17 ISK150	+2.0%
Oranges (1 lb)	$1.41 ISK181	$1.49 ISK190	+5.3%
Tomatoes (1 lb)	$2.34 ISK300	$2.54 ISK325	+8.4%
Potatoes (1 lb)	$1.65 ISK211	$1.70 ISK217	+3.0%
Onions (1 lb)	$1.09 ISK140	$1.13 ISK145	+3.4%
Average			+2.8%

Iceland vs. Kopavogur - Cost of groceries

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pay 1.3% more for transportation

	Iceland	Kopavogur
Gasoline (1 gallon)	$9.65 ISK1,235	$9.66 ISK1,236
Monthly public transit pass	$79.56 ISK10,182	$73.82 ISK9,447	-7.2%
New Volkswagen Golf 1.4 (standard edition)	$49,144.25 ISK6,289,481	$50,771.00 ISK6,497,672	+3.3%
Taxi trip in downtown area (5 miles)	$25.55 ISK3,270	$27.58 ISK3,529	+7.9%
Average			+1.3%

Iceland vs. Kopavogur - Cost of transportation

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pay 10.4% less for housing

	Iceland	Kopavogur
Internet connection 50 mbps or faster, cable/dsl	$95.65 ISK12,241	$81.97 ISK10,490	-14.3%
1-Bedroom apartment in downtown area	$2,289.17 ISK292,968	??
1-Bedroom apartment outside city center	$1,830.04 ISK234,209	??
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$65.15 ISK8,338	$60.87 ISK7,791	-6.6%
Average			-10.4%

Iceland vs. Kopavogur - Cost of housing

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pay 2.1% less for childcare

	Iceland	Kopavogur
Private preschool for 1 child, monthly	$334.67 ISK42,830	$327.78 ISK41,949	-2.1%
Middle school for 1 child, two semesters	$30,711.08 ISK3,930,404	$30,711.08 ISK3,930,404
Average			-2.1%

Iceland vs. Kopavogur - Cost of childcare

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pay 0.6% less for entertainment and sports

	Iceland	Kopavogur
Domestic/local beer (1 pint)	$11.14 ISK1,426	$10.66 ISK1,365	-4.3%
Cappuccino in mid-range area	$5.62 ISK720	$6.17 ISK790	+9.8%
Pack of cigarettes Marlboro or similar	$13.90 ISK1,778	$13.94 ISK1,783	+0.3%
Monthly membership at local gym	$78.17 ISK10,004	$70.95 ISK9,080	-9.2%
Movie ticket to theater/cinema	$16.75 ISK2,144	$16.81 ISK2,152	+0.4%
Average			-0.6%

Iceland vs. Kopavogur - Cost of entertainment and sports

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pay 0.5% more for clothing

	Iceland	Kopavogur
Regular jeans Levi's brand	$130.91 ISK16,753	$145.10 ISK18,569	+10.8%
Regular dress from H&M or similar store	$61.83 ISK7,913	$53.27 ISK6,818	-13.8%
Running shoes Nike or Adidas	$163.81 ISK20,965	$164.04 ISK20,994	+0.1%
Men's business shoes (leather)	$237.31 ISK30,371	$248.79 ISK31,840	+4.8%
Average			+0.5%

Iceland vs. Kopavogur - Cost of clothing

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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: December 2025

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