Cost of living comparison

Pakistan

compared to

Iceland

Reykjavik vs. Islamabad Cost of Living Summary

Reykjavik is 5.1 times more expensive than Islamabad.

Restaurants: pay 7.6 times more in Reykjavik
Groceries: pay 4.9 times more in Reykjavik
Transportation: pay 89.2% more in Reykjavik
Housing: pay 7.6 times more in Reykjavik
Childcare: pay 9.0 times more in Reykjavik
Entertainment and Sports: pay 3.8 times more in Reykjavik
Clothing: pay 3.4 times more in Reykjavik

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

Planning a move to Iceland? Get up to 5 free, no-obligation quotes from vetted international movers. Get free quotes →

Reykjavik vs. Islamabad Cost Breakdown

If you lived in Reykjavik instead of Islamabad, you would:

Display currency: USD

pay 7.6 times more for restaurants

	Islamabad	Reykjavik
Basic meal with drink at inexpensive restaurant	$3.61 PKR1,001.00	$31.06 ISK3,763	+760.1%
Fast food combo meal McDonalds, or similar	$5.42 PKR1,501.50	$26.97 ISK3,268	+398.0%
Bottle of Coca-Cola (11 fl. oz)	$0.34 PKR94.38	$3.31 ISK402	+873.5%
Bottle of water (11 fl. oz)	$0.22 PKR60.62	$3.11 ISK376	+1320.8%
Average			+656.2%

Islamabad vs. Reykjavik - Cost of restaurants

Improve prices · Change currency (USD)

pay 4.9 times more for groceries

	Islamabad	Reykjavik
Bread 1 loaf	$0.75 PKR208.08	$4.19 ISK508	+458.6%
Local cheese (8 oz)	$3.07 PKR851.66	$10.93 ISK1,324	+255.8%
Milk (1 gallon)	$3.63 PKR1,006.51	$7.78 ISK942	+114.2%
Eggs 1 dozen	$1.24 PKR343.64	$7.08 ISK858	+471.1%
Boneless chicken breast (1 lb)	$1.41 PKR390.48	$11.00 ISK1,333	+681.2%
Apples (1 lb)	$0.59 PKR163.19	$1.50 ISK182	+155.5%
Bananas (1 lb)	$0.38 PKR106.19	$1.27 ISK154	+231.1%
Oranges (1 lb)	$0.47 PKR131.67	$1.46 ISK177	+207.2%
Tomatoes (1 lb)	$0.25 PKR68.12	$2.93 ISK355	+1093.5%
Potatoes (1 lb)	$0.13 PKR35.52	$1.78 ISK215	+1285.6%
Onions (1 lb)	$0.17 PKR46.29	$0.76 ISK92	+353.0%
Average			+387.5%

Islamabad vs. Reykjavik - Cost of groceries

Improve prices · Change currency (USD)

pay 89.2% more for transportation

	Islamabad	Reykjavik
Gasoline (1 gallon)	$5.11 PKR1,415.96	$7.76 ISK941	+52.0%
Monthly public transit pass	$21.66 PKR6,006.00	$94.80 ISK11,488	+337.6%
New Volkswagen Golf 1.4 (standard edition)	$54,159.34 PKR15M	$50,588.43 ISK6M	-6.6%
Taxi trip in downtown area (5 miles)	$7.04 PKR1,951.95	$29.26 ISK3,545	+315.6%
Average			+89.2%

Islamabad vs. Reykjavik - Cost of transportation

Improve prices · Change currency (USD)

pay 7.6 times more for housing

	Islamabad	Reykjavik
Internet connection 50 mbps or faster, cable/dsl	$17.07 PKR4,732.00	$86.01 ISK10,422	+403.9%
1-Bedroom apartment in downtown area	$273.02 PKR75,692.28	$2,522.88 ISK306K	+824.1%
1-Bedroom apartment outside city center	$139.79 PKR38,755.38	$2,032.25 ISK246K	+1353.8%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$77.95 PKR21,609.82	$73.44 ISK8,899	-5.8%
Average			+663.0%

Islamabad vs. Reykjavik - Cost of housing

Improve prices · Change currency (USD)

pay 9.0 times more for childcare

	Islamabad	Reykjavik
Private preschool for 1 child, monthly	$74.62 PKR20,687.33	$1,185.23 ISK144K	+1488.4%
Middle school for 1 child, two semesters	$5,015.34 PKR1M	$25,853.51 ISK3M	+415.5%
Average			+804.9%

Islamabad vs. Reykjavik - Cost of childcare

Improve prices · Change currency (USD)

pay 3.8 times more for entertainment and sports

	Islamabad	Reykjavik
Domestic/local beer (1 pint)	$3.61 PKR1,001.00	$13.89 ISK1,684	+284.8%
Cappuccino in mid-range area	$2.65 PKR734.15	$6.74 ISK817	+154.6%
Pack of cigarettes Marlboro or similar	$2.30 PKR637.64	$13.89 ISK1,684	+504.1%
Monthly membership at local gym	$28.23 PKR7,826.00	$100.25 ISK12,148	+255.1%
Movie ticket to theater/cinema	$4.33 PKR1,201.20	$19.57 ISK2,372	+351.8%
Average			+278.1%

Islamabad vs. Reykjavik - Cost of entertainment and sports

Improve prices · Change currency (USD)

pay 3.4 times more for clothing

	Islamabad	Reykjavik
Regular jeans Levi's brand	$24.82 PKR6,881.88	$149.01 ISK18,058	+500.3%
Regular dress from H&M or similar store	$34.87 PKR9,666.47	$65.79 ISK7,972	+88.7%
Running shoes Nike or Adidas	$96.43 PKR26,735.16	$181.84 ISK22,035	+88.6%
Men's business shoes (leather)	$40.62 PKR11,261.25	$248.81 ISK30,151	+512.5%
Average			+238.2%

Islamabad vs. Reykjavik - Cost of clothing

Improve prices · Change currency (USD)

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

Compare further: Islamabad vs. Reykjavik

Salary Calculator · Free tool

What salary would you need in Reykjavik?

More cost comparisons

Islamabad vs.

Dublin

Islamabad vs.

Moscow

Islamabad vs.

Lima

Islamabad vs.

Berlin

Islamabad vs.

Paris

Islamabad vs.

Madrid

Islamabad vs.

Athens

Islamabad vs.

Sydney

Share this

Compare countries by overall cost of living

See the cost of living in Pakistan vs. Iceland. This provides a comparison of the average cost of living from cities within Pakistan and Iceland.

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

Add prices for Islamabad

Add prices for Reykjavik

Ask the Elsewhere Community

Join the Elsewhere community and ask a question about Reykjavik or Islamabad. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.