Cost of living comparison
compared to
Reykjavik vs. Lake Havasu City Cost of Living Summary
Reykjavik is 53.0% more expensive than Lake Havasu City.
- Restaurants
-
pay 49.8% more in Reykjavik
- Groceries
-
pay 2.0 times more in Reykjavik
- Transportation
-
pay 2.3 times more in Reykjavik
- Housing
-
pay 22.1% less in Reykjavik
- Childcare
-
pay 73.0% less in Reykjavik
- Entertainment and Sports
-
pay 64.4% more in Reykjavik
- Clothing
-
pay 2.2 times more in Reykjavik
The cost of transportation, clothing, groceries, entertainment and sports, and restaurants in Reykjavik are more expensive than in Lake Havasu City. Expenses including childcare and housing are lower in Reykjavik. Notably, transportation, clothing, and groceries are significantly more expensive in Reykjavik.
Reykjavik vs. Lake Havasu City Cost Breakdown
If you lived in Reykjavik instead of Lake Havasu City, you would:
pay 49.8% more for restaurants
|
Lake Havasu City
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$25.00
|
$27.48
ISK3,425
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.75
|
$22.76
ISK2,837
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.88
|
$3.34
ISK416
|
|
| Bottle of water (11 fl. oz) |
$1.93
|
$2.70
ISK336
|
|
Lake Havasu City vs. Reykjavik - Cost of restaurants
pay 2.0 times more for groceries
|
Lake Havasu City
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.14
|
$4.63
ISK578
|
|
| Local cheese (8 oz) |
$4.68
|
$9.44
ISK1,176
|
|
| Milk (1 gallon) |
$3.60
|
$7.63
ISK951
|
|
|
Eggs
1 dozen
|
$2.00
|
$6.50
ISK811
|
|
| Boneless chicken breast (1 lb) |
$2.75
|
$11.29
ISK1,408
|
|
| Apples (1 lb) |
$1.80
|
$1.59
ISK198
|
|
| Bananas (1 lb) |
$0.62
|
$1.17
ISK146
|
|
| Oranges (1 lb) |
$1.25
|
$1.49
ISK186
|
|
| Tomatoes (1 lb) |
$1.00
|
$2.54
ISK316
|
|
| Potatoes (1 lb) |
$0.95
|
$1.70
ISK212
|
|
| Onions (1 lb) |
$1.15
|
$1.13
ISK141
|
|
Lake Havasu City vs. Reykjavik - Cost of groceries
pay 2.3 times more for transportation
|
Lake Havasu City
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.42
|
$9.66
ISK1,204
|
|
| Monthly public transit pass | ?? |
$88.58
ISK11,042
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$28,000.00
|
$50,771.00
ISK6M
|
|
| Taxi trip in downtown area (5 miles) | ?? |
$28.07
ISK3,499
|
|
Lake Havasu City vs. Reykjavik - Cost of transportation
pay 22.1% less for housing
|
Lake Havasu City
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$75.67
|
$81.97
ISK10,217
|
|
| 1-Bedroom apartment in downtown area | ?? |
$2,259.48
ISK282K
|
|
| 1-Bedroom apartment outside city center | ?? |
$2,034.90
ISK254K
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$128.21
|
$60.87
ISK7,588
|
|
Lake Havasu City vs. Reykjavik - Cost of housing
pay 73.0% less for childcare
|
Lake Havasu City
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,214.72
|
$327.78
ISK40,858
|
|
| Middle school for 1 child, two semesters | ?? |
$30,711.08
ISK4M
|
|
Lake Havasu City vs. Reykjavik - Cost of childcare
pay 64.4% more for entertainment and sports
|
Lake Havasu City
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.00
|
$13.12
ISK1,636
|
|
| Cappuccino in mid-range area |
$4.92
|
$6.17
ISK769
|
|
|
Pack of cigarettes
Marlboro or similar
|
$9.00
|
$13.94
ISK1,737
|
|
| Monthly membership at local gym | ?? |
$87.35
ISK10,888
|
|
| Movie ticket to theater/cinema |
$15.00
|
$17.18
ISK2,142
|
|
Lake Havasu City vs. Reykjavik - Cost of entertainment and sports
pay 2.2 times more for clothing
|
Lake Havasu City
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$46.00
|
$145.10
ISK18,086
|
|
|
Regular dress
from H&M or similar store
|
$52.50
|
$63.97
ISK7,974
|
|
|
Running shoes
Nike or Adidas
|
$67.80
|
$193.43
ISK24,111
|
|
| Men's business shoes (leather) |
$169.50
|
$248.79
ISK31,012
|
|
Lake Havasu City vs. Reykjavik - Cost of clothing
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: June 2026
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