Cost of living comparison

compared to

Reykjavik vs. Kearney Cost of Living Summary

Reykjavik is 85.4% more expensive than Kearney.

Restaurants
pay 70.7% more in Reykjavik
Groceries
pay 78.0% more in Reykjavik
Transportation
pay 2.5 times more in Reykjavik
Housing
pay 69.4% more in Reykjavik
Childcare
pay 19.9% less in Reykjavik
Entertainment and Sports
pay 77.3% more in Reykjavik
Clothing
pay 2.8 times more in Reykjavik

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

Reykjavik vs. Kearney Cost Breakdown

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

pay 70.7% more for restaurants

 
Kearney
Reykjavik
Basic meal with drink at inexpensive restaurant $15.00
 
$27.48
ISK3,473
Fast food combo meal
McDonalds, or similar
$12.00
 
$22.76
ISK2,877
Bottle of Coca-Cola (11 fl. oz) $2.17
 
$3.34
ISK422

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pay 78.0% more for groceries

 
Kearney
Reykjavik
Bread
1 loaf
$1.65
 
$4.63
ISK586
Local cheese (8 oz) $4.41
 
$9.44
ISK1,193
Milk (1 gallon) $3.17
 
$7.63
ISK964

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pay 2.5 times more for transportation

 
Kearney
Reykjavik
Gasoline (1 gallon) $2.99
 
$9.66
ISK1,221
Monthly public transit pass ?? $88.58
ISK11,197
New Volkswagen Golf 1.4 (standard edition) $24,000.00
 
$50,771.00
ISK6,417,454

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pay 69.4% more for housing

 
Kearney
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$65.00
 
$81.97
ISK10,361
1-Bedroom apartment in downtown area $925.00
 
$2,259.48
ISK285,599
1-Bedroom apartment outside city center $730.00
 
$2,034.90
ISK257,212

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pay 19.9% less for childcare

 
Kearney
Reykjavik
Private preschool for 1 child, monthly $917.50
 
$327.78
ISK41,431
Middle school for 1 child, two semesters $24,673.50
 
$30,711.08
ISK3,881,881

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pay 77.3% more for entertainment and sports

 
Kearney
Reykjavik
Domestic/local beer (1 pint) $4.00
 
$13.12
ISK1,659
Cappuccino in mid-range area $5.39
 
$6.17
ISK780
Pack of cigarettes
Marlboro or similar
$9.43
 
$13.94
ISK1,761

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pay 2.8 times more for clothing

 
Kearney
Reykjavik
Regular jeans
Levi's brand
$30.00
 
$145.10
ISK18,340
Regular dress
from H&M or similar store
$36.25
 
$63.97
ISK8,086
Running shoes
Nike or Adidas
$85.00
 
$193.43
ISK24,449

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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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