Cost of living comparison
compared to
Reykjavik vs. Micronesia, Federated States of Cost of Living Summary
Reykjavik is 94.2% more expensive than Micronesia, Federated States of overall.
- Restaurants
-
pay 2.2 times more in Reykjavik
- Groceries
-
pay 2.1 times more in Reykjavik
- Transportation
-
pay 28.4% more in Reykjavik
- Housing
-
pay 69.7% more in Reykjavik
- Childcare
-
pay 92.8% more in Reykjavik
- Entertainment and Sports
-
pay 2.7 times more in Reykjavik
- Clothing
-
pay 76.3% more in Reykjavik
The cost of entertainment and sports, restaurants, groceries, childcare, clothing, and housing in Reykjavik are more expensive than in Micronesia, Federated States of. Notably, entertainment and sports, restaurants, and groceries are significantly more expensive in Reykjavik.
Reykjavik vs. Micronesia, Federated States of Cost Breakdown
If you lived in Reykjavik instead of Micronesia, Federated States of, you would:
pay 2.2 times more for restaurants
|
Micronesia, Federated States of
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$11.50
|
$27.48
ISK3,473
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.50
|
$22.76
ISK2,877
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.25
|
$3.34
ISK422
|
|
| Bottle of water (11 fl. oz) |
$4.00
|
$2.70
ISK341
|
|
Micronesia, Federated States of vs. Reykjavik - Cost of restaurants
pay 2.1 times more for groceries
|
Micronesia, Federated States of
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.35
|
$4.63
ISK586
|
|
| Local cheese (8 oz) |
$3.50
|
$9.44
ISK1,193
|
|
| Milk (1 gallon) |
$1.00
|
$7.63
ISK964
|
|
|
Eggs
1 dozen
|
$7.25
|
$6.50
ISK822
|
|
| Boneless chicken breast (1 lb) |
$2.27
|
$11.29
ISK1,427
|
|
| Apples (1 lb) |
$2.72
|
$1.59
ISK201
|
|
| Bananas (1 lb) |
$1.59
|
$1.17
ISK148
|
|
| Oranges (1 lb) |
$2.49
|
$1.49
ISK188
|
|
| Tomatoes (1 lb) | ?? |
$2.54
ISK321
|
|
| Potatoes (1 lb) |
$2.27
|
$1.70
ISK214
|
|
| Onions (1 lb) |
$2.27
|
$1.13
ISK143
|
|
Micronesia, Federated States of vs. Reykjavik - Cost of groceries
pay 28.4% more for transportation
|
Micronesia, Federated States of
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$14.01
|
$9.66
ISK1,221
|
|
| Monthly public transit pass | ?? |
$88.58
ISK11,197
|
|
| New Volkswagen Golf 1.4 (standard edition) | ?? |
$50,771.00
ISK6,417,454
|
|
| Taxi trip in downtown area (5 miles) |
$14.94
|
$28.07
ISK3,548
|
|
Micronesia, Federated States of vs. Reykjavik - Cost of transportation
pay 69.7% more for housing
|
Micronesia, Federated States of
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$198.00
|
$81.97
ISK10,361
|
|
| 1-Bedroom apartment in downtown area |
$900.00
|
$2,259.48
ISK285,599
|
|
| 1-Bedroom apartment outside city center |
$621.67
|
$2,034.90
ISK257,212
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$103.24
|
$60.87
ISK7,694
|
|
Micronesia, Federated States of vs. Reykjavik - Cost of housing
pay 92.8% more for childcare
|
Micronesia, Federated States of
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$170.00
|
$327.78
ISK41,431
|
|
| Middle school for 1 child, two semesters | ?? |
$30,711.08
ISK3,881,881
|
|
Micronesia, Federated States of vs. Reykjavik - Cost of childcare
pay 2.7 times more for entertainment and sports
|
Micronesia, Federated States of
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) | ?? |
$13.12
ISK1,659
|
|
| Cappuccino in mid-range area |
$3.00
|
$6.17
ISK780
|
|
|
Pack of cigarettes
Marlboro or similar
|
$9.00
|
$13.94
ISK1,761
|
|
| Monthly membership at local gym |
$20.00
|
$87.35
ISK11,041
|
|
| Movie ticket to theater/cinema | ?? |
$17.18
ISK2,172
|
|
Micronesia, Federated States of vs. Reykjavik - Cost of entertainment and sports
pay 76.3% more for clothing
|
Micronesia, Federated States of
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$80.00
|
$145.10
ISK18,340
|
|
|
Regular dress
from H&M or similar store
|
$68.00
|
$63.97
ISK8,086
|
|
|
Running shoes
Nike or Adidas
|
$110.00
|
$193.43
ISK24,449
|
|
| Men's business shoes (leather) |
$98.00
|
$248.79
ISK31,447
|
|
Micronesia, Federated States of 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: December 2025
Change currency:
More cost comparisons
Compare countries by overall cost of living
See the
cost of living in Micronesia, Federated States of vs. Iceland.
This provides a comparison of the average cost of living from cities within Micronesia, Federated States of and Iceland.
Help us improve these prices
MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate.
Learn more
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Reykjavik or Micronesia, Federated States of. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.