Cost of living comparison

compared to

Reykjavik vs. Laguna Niguel Cost of Living Summary

Reykjavik is 23.4% more expensive than Laguna Niguel.

Restaurants: pay 34.5% more in Reykjavik
Groceries: pay 17.1% more in Reykjavik
Transportation: pay 62.4% more in Reykjavik
Housing: pay 23.6% less in Reykjavik
Childcare: pay 33.9% less in Reykjavik
Entertainment and Sports: pay 18.8% more in Reykjavik
Clothing: pay 88.3% more in Reykjavik

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

Reykjavik vs. Laguna Niguel Cost Breakdown

If you lived in Reykjavik instead of Laguna Niguel, you would:

Display currency: USD

pay 34.5% more for restaurants

	Laguna Niguel	Reykjavik
Basic meal with drink at inexpensive restaurant	$25.00	$27.48 ISK3,420	+9.9%
Fast food combo meal McDonalds, or similar	$13.00	$22.76 ISK2,833	+75.1%
Bottle of Coca-Cola (11 fl. oz)	$2.83	$3.34 ISK415	+18.0%
Bottle of water (11 fl. oz)	$2.00	$2.70 ISK336	+34.9%
Average			+34.5%

Laguna Niguel vs. Reykjavik - Cost of restaurants

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pay 17.1% more for groceries

	Laguna Niguel	Reykjavik
Bread 1 loaf	$4.52	$4.63 ISK577	+2.6%
Local cheese (8 oz)	$6.67	$9.44 ISK1,175	+41.5%
Milk (1 gallon)	$4.71	$7.63 ISK950	+62.1%
Eggs 1 dozen	$4.50	$6.50 ISK809	+44.6%
Boneless chicken breast (1 lb)	$7.55	$11.29 ISK1,406	+49.5%
Apples (1 lb)	$2.90	$1.59 ISK198	-45.1%
Bananas (1 lb)	$0.74	$1.17 ISK146	+57.5%
Oranges (1 lb)	$2.00	$1.49 ISK185	-25.5%
Tomatoes (1 lb)	$2.48	$2.54 ISK316	+2.4%
Potatoes (1 lb)	$1.47	$1.70 ISK211	+15.4%
Onions (1 lb)	$1.36	$1.13 ISK141	-17.1%
Average			+17.1%

Laguna Niguel vs. Reykjavik - Cost of groceries

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pay 62.4% more for transportation

	Laguna Niguel	Reykjavik
Gasoline (1 gallon)	$4.78	$9.66 ISK1,202	+102.2%
Monthly public transit pass	$65.00	$88.58 ISK11,027	+36.3%
New Volkswagen Golf 1.4 (standard edition)	$32,727.50	$50,771.00 ISK6M	+55.1%
Taxi trip in downtown area (5 miles)	$18.01	$28.07 ISK3,494	+55.8%
Average			+62.4%

Laguna Niguel vs. Reykjavik - Cost of transportation

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pay 23.6% less for housing

	Laguna Niguel	Reykjavik
Internet connection 50 mbps or faster, cable/dsl	$74.25	$81.97 ISK10,203	+10.4%
1-Bedroom apartment in downtown area	$2,940.50	$2,259.48 ISK281K	-23.2%
1-Bedroom apartment outside city center	$2,566.67	$2,034.90 ISK253K	-20.7%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$155.53	$60.87 ISK7,577	-60.9%
Average			-23.6%

Laguna Niguel vs. Reykjavik - Cost of housing

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pay 33.9% less for childcare

	Laguna Niguel	Reykjavik
Private preschool for 1 child, monthly	$1,762.50	$327.78 ISK40,801	-81.4%
Middle school for 1 child, two semesters	$27,000.00	$30,711.08 ISK4M	+13.7%
Average			-33.9%

Laguna Niguel vs. Reykjavik - Cost of childcare

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pay 18.8% more for entertainment and sports

	Laguna Niguel	Reykjavik
Domestic/local beer (1 pint)	$8.00	$13.12 ISK1,634	+64.0%
Cappuccino in mid-range area	$5.55	$6.17 ISK768	+11.1%
Pack of cigarettes Marlboro or similar	$11.50	$13.94 ISK1,735	+21.2%
Monthly membership at local gym	$93.33	$87.35 ISK10,873	-6.4%
Movie ticket to theater/cinema	$16.50	$17.18 ISK2,139	+4.1%
Average			+18.8%

Laguna Niguel vs. Reykjavik - Cost of entertainment and sports

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pay 88.3% more for clothing

	Laguna Niguel	Reykjavik
Regular jeans Levi's brand	$61.25	$145.10 ISK18,061	+136.9%
Regular dress from H&M or similar store	$40.75	$63.97 ISK7,963	+57.0%
Running shoes Nike or Adidas	$100.09	$193.43 ISK24,078	+93.3%
Men's business shoes (leather)	$149.85	$248.79 ISK30,969	+66.0%
Average			+88.3%

Laguna Niguel vs. Reykjavik - 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: March 2026

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