Cost of living comparison

compared to
Virginia vs. Iceland Cost of Living Summary

Virginia is 61.2% more expensive than Iceland overall.

Restaurants
pay 9.9% less in Virginia
Groceries
pay 19.4% more in Virginia
Transportation
pay 22.8% less in Virginia
Housing
pay 36.7% more in Virginia
Childcare
pay 5.5 times more in Virginia
Entertainment and Sports
pay 10.1% less in Virginia
Clothing
pay 38.0% less in Virginia

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

Virginia vs. Iceland Cost Breakdown

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

pay 9.9% less for restaurants

 
Iceland
Virginia
Basic meal with drink at inexpensive restaurant $19.40
ISK2,584
$20.49
 
Fast food combo meal
McDonalds, or similar
$16.94
ISK2,257
$11.13
 
Bottle of Coca-Cola (11 fl. oz) $2.81
ISK374
$2.48
 

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pay 19.4% more for groceries

 
Iceland
Virginia
Bread
1 loaf
$2.95
ISK394
$3.44
 
Local cheese (8 oz) $7.27
ISK968
$6.98
 
Milk (1 gallon) $6.01
ISK800
$3.79
 

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pay 22.8% less for transportation

 
Iceland
Virginia
Gasoline (1 gallon) $8.36
ISK1,114
$3.36
 
Monthly public transit pass $71.28
ISK9,494
$79.15
 
New Volkswagen Golf 1.4 (standard edition) $40,660.66
ISK5,416,000
$32,788.87
 

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pay 36.7% more for housing

 
Iceland
Virginia
Internet connection
50 mbps or faster, cable/dsl
$72.17
ISK9,614
$69.48
 
1-Bedroom apartment in downtown area $1,838.04
ISK244,827
$1,832.03
 
1-Bedroom apartment outside city center $1,497.77
ISK199,503
$1,500.84
 

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pay 5.5 times more for childcare

 
Iceland
Virginia
Private preschool for 1 child, monthly $258.16
ISK34,388
$1,614.20
 
Middle school for 1 child, two semesters $5,993.99
ISK798,400
$28,849.72
 

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pay 10.1% less for entertainment and sports

 
Iceland
Virginia
Domestic/local beer (1 pint) $9.19
ISK1,224
$6.17
 
Cappuccino in mid-range area $4.65
ISK619
$5.19
 
Pack of cigarettes
Marlboro or similar
$11.76
ISK1,566
$9.03
 

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pay 38.0% less for clothing

 
Iceland
Virginia
Regular jeans
Levi's brand
$111.23
ISK14,816
$53.05
 
Regular dress
from H&M or similar store
$59.69
ISK7,951
$41.36
 
Running shoes
Nike or Adidas
$148.00
ISK19,713
$92.16
 

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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: March 2025
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