Cost of living comparison

compared to

Reykjavik vs. Lihue Cost of Living Summary

Reykjavik is 32.4% more expensive than Lihue.

Restaurants
pay 25.6% more in Reykjavik
Groceries
pay 19.0% less in Reykjavik
Transportation
pay 81.8% more in Reykjavik
Housing
pay 32.6% more in Reykjavik
Childcare
pay 9.6% more in Reykjavik
Entertainment and Sports
pay 63.6% more in Reykjavik

The cost of transportation, entertainment and sports, housing, restaurants, and childcare in Reykjavik are more expensive than in Lihue. Notably, transportation is significantly more expensive in Reykjavik.

Reykjavik vs. Lihue Cost Breakdown

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

pay 25.6% more for restaurants

 
Lihue
Reykjavik
Basic meal with drink at inexpensive restaurant $46.00
 
$27.48
ISK3,517
Fast food combo meal
McDonalds, or similar
$12.50
 
$22.76
ISK2,913
Bottle of Coca-Cola (11 fl. oz) ?? $3.34
ISK427

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pay 19.0% less for groceries

 
Lihue
Reykjavik
Bread
1 loaf
$6.60
 
$4.63
ISK593
Local cheese (8 oz) $7.68
 
$9.44
ISK1,208
Milk (1 gallon) $6.99
 
$7.63
ISK976

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pay 81.8% more for transportation

 
Lihue
Reykjavik
Gasoline (1 gallon) $5.00
 
$9.66
ISK1,236
Monthly public transit pass $52.00
 
$88.58
ISK11,337
New Volkswagen Golf 1.4 (standard edition) ?? $50,771.00
ISK6,497,672

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pay 32.6% more for housing

 
Lihue
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$55.00
 
$81.97
ISK10,490
1-Bedroom apartment in downtown area $2,000.00
 
$2,259.48
ISK289,169
1-Bedroom apartment outside city center $1,500.00
 
$2,034.90
ISK260,427

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pay 9.6% more for childcare

 
Lihue
Reykjavik
Private preschool for 1 child, monthly $1,200.00
 
$327.78
ISK41,949
Middle school for 1 child, two semesters $16,000.00
 
$30,711.08
ISK3,930,404

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pay 63.6% more for entertainment and sports

 
Lihue
Reykjavik
Domestic/local beer (1 pint) $4.00
 
$13.12
ISK1,680
Cappuccino in mid-range area $7.00
 
$6.17
ISK790
Pack of cigarettes
Marlboro or similar
$11.98
 
$13.94
ISK1,783

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pay (unknown) more for clothing

 
Lihue
Reykjavik
Regular jeans
Levi's brand
?? $145.10
ISK18,569
Regular dress
from H&M or similar store
?? $63.97
ISK8,187
Running shoes
Nike or Adidas
?? $193.43
ISK24,755

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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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