Cost of living comparison

compared to

Reykjavik vs. Livorno Cost of Living Summary

Reykjavik is 95.7% more expensive than Livorno.

Restaurants
pay 78.4% more in Reykjavik
Groceries
pay 52.5% more in Reykjavik
Transportation
pay 67.5% more in Reykjavik
Housing
pay 2.4 times more in Reykjavik
Childcare
pay 99.8% more in Reykjavik
Entertainment and Sports
pay 2.2 times more in Reykjavik
Clothing
pay 2.1 times more in Reykjavik

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

Reykjavik vs. Livorno Cost Breakdown

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

pay 78.4% more for restaurants

 
Livorno
Reykjavik
Basic meal with drink at inexpensive restaurant $17.52
€14.88
$27.48
ISK3,455
Fast food combo meal
McDonalds, or similar
$9.93
€8.43
$22.76
ISK2,862
Bottle of Coca-Cola (11 fl. oz) $2.92
€2.48
$3.34
ISK419

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pay 52.5% more for groceries

 
Livorno
Reykjavik
Bread
1 loaf
$2.26
€1.92
$4.63
ISK583
Local cheese (8 oz) $9.34
€7.94
$9.44
ISK1,187
Milk (1 gallon) $6.01
€5.11
$7.63
ISK959

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pay 67.5% more for transportation

 
Livorno
Reykjavik
Gasoline (1 gallon) $7.83
€6.65
$9.66
ISK1,215
Monthly public transit pass $40.88
€34.72
$88.58
ISK11,138
New Volkswagen Golf 1.4 (standard edition) $25,111.78
€21,327.26
$50,771.00
ISK6,383,438

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pay 2.4 times more for housing

 
Livorno
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$30.50
€25.90
$81.97
ISK10,306
1-Bedroom apartment in downtown area $677.43
€575.34
$2,259.48
ISK284,085
1-Bedroom apartment outside city center $613.19
€520.78
$2,034.90
ISK255,848

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pay 99.8% more for childcare

 
Livorno
Reykjavik
Private preschool for 1 child, monthly $525.60
€446.38
$327.78
ISK41,212
Middle school for 1 child, two semesters $9,110.32
€7,737.33
$30,711.08
ISK3,861,304

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pay 2.2 times more for entertainment and sports

 
Livorno
Reykjavik
Domestic/local beer (1 pint) $5.84
€4.96
$13.12
ISK1,650
Cappuccino in mid-range area $2.03
€1.72
$6.17
ISK776
Pack of cigarettes
Marlboro or similar
$5.96
€5.06
$13.94
ISK1,752

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pay 2.1 times more for clothing

 
Livorno
Reykjavik
Regular jeans
Levi's brand
$88.77
€75.39
$145.10
ISK18,243
Regular dress
from H&M or similar store
$32.70
€27.78
$63.97
ISK8,043
Running shoes
Nike or Adidas
$88.57
€75.22
$193.43
ISK24,320

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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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