Cost of living comparison

compared to

Virgin Islands vs. Iceland Cost of Living Summary

Virgin Islands is 28.1% more expensive than Iceland overall.

Restaurants: pay 16.4% less in Virgin Islands
Groceries: pay 73.0% more in Virgin Islands
Transportation: pay 0.7% less in Virgin Islands
Housing: pay 63.5% more in Virgin Islands
Childcare: pay 2.2 times more in Virgin Islands
Entertainment and Sports: pay 13.2% less in Virgin Islands
Clothing: pay 27.0% less in Virgin Islands

The cost of childcare, groceries, and housing in Virgin Islands are more expensive than in Iceland. Expenses including clothing, restaurants, entertainment and sports, and transportation are lower in Virgin Islands. Notably, childcare is significantly more expensive in Virgin Islands.

Virgin Islands vs. Iceland Cost Breakdown

If you lived in Virgin Islands instead of Iceland, you would:

Display currency: USD

pay 16.4% less for restaurants

	Iceland	Virgin Islands
Basic meal with drink at inexpensive restaurant	$26.52 ISK3,394	$25.50	-3.8%
Fast food combo meal McDonalds, or similar	$21.32 ISK2,728	$10.48	-50.8%
Bottle of Coca-Cola (11 fl. oz)	$3.11 ISK398	$3.10	-0.3%
Bottle of water (11 fl. oz)	$2.72 ISK348	$2.42	-10.9%
Average			-16.4%

Iceland vs. Virgin Islands - Cost of restaurants

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pay 73.0% more for groceries

	Iceland	Virgin Islands
Bread 1 loaf	$3.80 ISK487	$6.43	+69.1%
Local cheese (8 oz)	$9.44 ISK1,208	$8.40	-11.0%
Milk (1 gallon)	$7.78 ISK996	$9.85	+26.6%
Eggs 1 dozen	$6.71 ISK859	$7.46	+11.2%
Boneless chicken breast (1 lb)	$11.22 ISK1,436	$11.78	+5.0%
Apples (1 lb)	$1.50 ISK191	$4.66	+211.9%
Bananas (1 lb)	$1.15 ISK147	$2.67	+133.0%
Oranges (1 lb)	$1.41 ISK181	$3.50	+147.2%
Tomatoes (1 lb)	$2.34 ISK300	$4.69	+100.6%
Potatoes (1 lb)	$1.65 ISK211	$1.28	-22.4%
Onions (1 lb)	$1.09 ISK140	$2.53	+131.6%
Average			+73.0%

Iceland vs. Virgin Islands - Cost of groceries

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pay 0.7% less for transportation

	Iceland	Virgin Islands
Gasoline (1 gallon)	$9.65 ISK1,235	$5.28	-45.3%
Monthly public transit pass	$79.56 ISK10,182	$60.00	-24.6%
New Volkswagen Golf 1.4 (standard edition)	$49,144.25 ISK6,289,481	$45,000.00	-8.4%
Taxi trip in downtown area (5 miles)	$25.55 ISK3,270	$44.85	+75.5%
Average			-0.7%

Iceland vs. Virgin Islands - Cost of transportation

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pay 63.5% more for housing

	Iceland	Virgin Islands
Internet connection 50 mbps or faster, cable/dsl	$95.65 ISK12,241	$98.46	+2.9%
1-Bedroom apartment in downtown area	$2,289.17 ISK292,968	$1,513.89	-33.9%
1-Bedroom apartment outside city center	$1,830.04 ISK234,209	$1,216.50	-33.5%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$65.15 ISK8,338	$272.68	+318.5%
Average			+63.5%

Iceland vs. Virgin Islands - Cost of housing

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pay 2.2 times more for childcare

	Iceland	Virgin Islands
Private preschool for 1 child, monthly	$334.67 ISK42,830	$1,287.50	+284.7%
Middle school for 1 child, two semesters	$30,711.08 ISK3,930,404	$15,433.33	-49.7%
Average			+117.5%

Iceland vs. Virgin Islands - Cost of childcare

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pay 13.2% less for entertainment and sports

	Iceland	Virgin Islands
Domestic/local beer (1 pint)	$11.14 ISK1,426	$6.50	-41.7%
Cappuccino in mid-range area	$5.62 ISK720	$6.93	+23.3%
Pack of cigarettes Marlboro or similar	$13.90 ISK1,778	$4.50	-67.6%
Monthly membership at local gym	$78.17 ISK10,004	$118.33	+51.4%
Movie ticket to theater/cinema	$16.75 ISK2,144	$11.50	-31.4%
Average			-13.2%

Iceland vs. Virgin Islands - Cost of entertainment and sports

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pay 27.0% less for clothing

	Iceland	Virgin Islands
Regular jeans Levi's brand	$130.91 ISK16,753	$71.67	-45.3%
Regular dress from H&M or similar store	$61.83 ISK7,913	$62.33	+0.8%
Running shoes Nike or Adidas	$163.81 ISK20,965	$146.25	-10.7%
Men's business shoes (leather)	$237.31 ISK30,371	$111.67	-52.9%
Average			-27.0%

Iceland vs. Virgin Islands - 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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