Cost of living comparison

United States

compared to

Iceland

Reykjavik vs. Little Rock Cost of Living Summary

Reykjavik is 71.0% more expensive than Little Rock.

Restaurants: pay 86.2% more in Reykjavik
Groceries: pay 39.1% more in Reykjavik
Transportation: pay 97.4% more in Reykjavik
Housing: pay 71.9% more in Reykjavik
Childcare: pay 25.0% more in Reykjavik
Entertainment and Sports: pay 99.4% more in Reykjavik
Clothing: pay 2.1 times more in Reykjavik

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

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Reykjavik vs. Little Rock Cost Breakdown

If you lived in Reykjavik instead of Little Rock, you would:

Display currency: USD

pay 86.2% more for restaurants

	Little Rock	Reykjavik
Basic meal with drink at inexpensive restaurant	$17.00	$31.06 ISK3,793	+82.7%
Fast food combo meal McDonalds, or similar	$11.00	$26.97 ISK3,294	+145.2%
Bottle of Coca-Cola (11 fl. oz)	$3.00	$3.31 ISK405	+10.5%
Bottle of water (11 fl. oz)	$2.38	$3.11 ISK379	+30.8%
Average			+86.2%

Little Rock vs. Reykjavik - Cost of restaurants

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pay 39.1% more for groceries

	Little Rock	Reykjavik
Bread 1 loaf	$2.75	$4.19 ISK512	+52.3%
Local cheese (8 oz)	$5.16	$10.93 ISK1,335	+111.9%
Milk (1 gallon)	$4.08	$7.78 ISK950	+90.7%
Eggs 1 dozen	$3.46	$7.08 ISK865	+104.5%
Boneless chicken breast (1 lb)	$5.38	$11.00 ISK1,344	+104.7%
Apples (1 lb)	$2.27	$1.50 ISK184	-33.7%
Bananas (1 lb)	$0.66	$1.27 ISK155	+93.6%
Oranges (1 lb)	$2.00	$1.46 ISK178	-27.0%
Tomatoes (1 lb)	$1.74	$2.93 ISK358	+68.5%
Potatoes (1 lb)	$1.27	$1.78 ISK217	+40.1%
Onions (1 lb)	$1.14	$0.76 ISK92	-33.9%
Average			+39.1%

Little Rock vs. Reykjavik - Cost of groceries

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pay 97.4% more for transportation

	Little Rock	Reykjavik
Gasoline (1 gallon)	$3.57	$7.76 ISK948	+117.4%
Monthly public transit pass	$36.00	$94.80 ISK11,580	+163.3%
New Volkswagen Golf 1.4 (standard edition)	$36,736.00	$50,588.43 ISK6M	+37.7%
Taxi trip in downtown area (5 miles)	$14.50	$29.26 ISK3,574	+101.8%
Average			+97.4%

Little Rock vs. Reykjavik - Cost of transportation

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pay 71.9% more for housing

	Little Rock	Reykjavik
Internet connection 50 mbps or faster, cable/dsl	$68.50	$86.01 ISK10,506	+25.6%
1-Bedroom apartment in downtown area	$1,135.00	$2,522.88 ISK308K	+122.3%
1-Bedroom apartment outside city center	$883.25	$2,032.25 ISK248K	+130.1%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$166.32	$73.44 ISK8,971	-55.8%
Average			+71.9%

Little Rock vs. Reykjavik - Cost of housing

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pay 25.0% more for childcare

	Little Rock	Reykjavik
Private preschool for 1 child, monthly	$1,033.33	$1,185.23 ISK145K	+14.7%
Middle school for 1 child, two semesters	$18,980.00	$25,853.51 ISK3M	+36.2%
Average			+25.0%

Little Rock vs. Reykjavik - Cost of childcare

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pay 99.4% more for entertainment and sports

	Little Rock	Reykjavik
Domestic/local beer (1 pint)	$5.50	$13.89 ISK1,697	+152.6%
Cappuccino in mid-range area	$5.20	$6.74 ISK824	+29.7%
Pack of cigarettes Marlboro or similar	$9.48	$13.89 ISK1,697	+46.6%
Monthly membership at local gym	$28.75	$100.25 ISK12,246	+248.7%
Movie ticket to theater/cinema	$13.00	$19.57 ISK2,391	+50.6%
Average			+99.4%

Little Rock vs. Reykjavik - Cost of entertainment and sports

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pay 2.1 times more for clothing

	Little Rock	Reykjavik
Regular jeans Levi's brand	$51.25	$149.01 ISK18,202	+190.8%
Regular dress from H&M or similar store	$38.75	$65.79 ISK8,036	+69.8%
Running shoes Nike or Adidas	$83.75	$181.84 ISK22,212	+117.1%
Men's business shoes (leather)	$150.00	$248.81 ISK30,392	+65.9%
Average			+105.3%

Little Rock vs. Reykjavik - Cost of clothing

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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

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