Cost of living comparison

compared to

Reykjavik vs. P'yongyang Cost of Living Summary

Reykjavik is 5.8 times more expensive than P'yongyang.

Restaurants
pay 86.8% more in Reykjavik
Groceries
pay 2.4 times more in Reykjavik
Housing
pay 16.0 times more in Reykjavik
Entertainment and Sports
pay 3.1 times more in Reykjavik

The cost of housing, entertainment and sports, groceries, and restaurants in Reykjavik are more expensive than in P'yongyang. Notably, housing, entertainment and sports, and groceries are significantly more expensive in Reykjavik.

Reykjavik vs. P'yongyang Cost Breakdown

If you lived in Reykjavik instead of P'yongyang, you would:

pay 86.8% more for restaurants

 
P'yongyang
Reykjavik
Basic meal with drink at inexpensive restaurant ?? $27.48
ISK3,452
Fast food combo meal
McDonalds, or similar
?? $22.76
ISK2,859
Bottle of Coca-Cola (11 fl. oz) $2.34
KPW2,102
$3.34
ISK419

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pay 2.4 times more for groceries

 
P'yongyang
Reykjavik
Bread
1 loaf
$2.40
KPW2,161
$4.63
ISK582
Local cheese (8 oz) ?? $9.44
ISK1,186
Milk (1 gallon) $3.70
KPW3,332
$7.63
ISK959

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pay (unknown) more for transportation

 
P'yongyang
Reykjavik
Gasoline (1 gallon) ?? $9.66
ISK1,214
Monthly public transit pass ?? $88.58
ISK11,129
New Volkswagen Golf 1.4 (standard edition) ?? $50,771.00
ISK6,378,360

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pay 16.0 times more for housing

 
P'yongyang
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
?? $81.97
ISK10,298
1-Bedroom apartment in downtown area $93.44
KPW84,095
$2,259.48
ISK283,859
1-Bedroom apartment outside city center $262.80
KPW236,518
$2,034.90
ISK255,645

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pay (unknown) more for childcare

 
P'yongyang
Reykjavik
Private preschool for 1 child, monthly ?? $327.78
ISK41,179
Middle school for 1 child, two semesters ?? $30,711.08
ISK3,858,233

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pay 3.1 times more for entertainment and sports

 
P'yongyang
Reykjavik
Domestic/local beer (1 pint) $14.02
KPW12,614
$13.12
ISK1,649
Cappuccino in mid-range area $1.17
KPW1,051
$6.17
ISK776
Pack of cigarettes
Marlboro or similar
?? $13.94
ISK1,751

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pay (unknown) more for clothing

 
P'yongyang
Reykjavik
Regular jeans
Levi's brand
?? $145.10
ISK18,228
Regular dress
from H&M or similar store
?? $63.97
ISK8,036
Running shoes
Nike or Adidas
?? $193.43
ISK24,301

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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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