Cost of living comparison

compared to

Reykjavik vs. Pakistan Cost of Living Summary

Reykjavik is 9.9 times more expensive than Pakistan overall.

Restaurants
pay 10.0 times more in Reykjavik
Groceries
pay 6.3 times more in Reykjavik
Transportation
pay 6.2 times more in Reykjavik
Housing
pay 18.1 times more in Reykjavik
Childcare
pay 16.7 times more in Reykjavik
Entertainment and Sports
pay 5.8 times more in Reykjavik
Clothing
pay 6.0 times more in Reykjavik

The cost of housing, childcare, restaurants, groceries, transportation, and clothing in Reykjavik are more expensive than in Pakistan. Notably, housing, childcare, and restaurants are significantly more expensive in Reykjavik.

Reykjavik vs. Pakistan Cost Breakdown

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

pay 10.0 times more for restaurants

 
Pakistan
Reykjavik
Basic meal with drink at inexpensive restaurant $2.08
PKR578.82
$27.48
ISK3,449
Fast food combo meal
McDonalds, or similar
$4.42
PKR1,228.64
$22.76
ISK2,857
Bottle of Coca-Cola (11 fl. oz) $0.36
PKR99.73
$3.34
ISK419

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pay 6.3 times more for groceries

 
Pakistan
Reykjavik
Bread
1 loaf
$0.57
PKR159.43
$4.63
ISK582
Local cheese (8 oz) $2.74
PKR760.64
$9.44
ISK1,185
Milk (1 gallon) $2.80
PKR776.85
$7.63
ISK958

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pay 6.2 times more for transportation

 
Pakistan
Reykjavik
Gasoline (1 gallon) $3.53
PKR980.93
$9.66
ISK1,213
Monthly public transit pass $6.76
PKR1,879.81
$88.58
ISK11,120
New Volkswagen Golf 1.4 (standard edition) $20,356.76
PKR6M
$50,771.00
ISK6M

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pay 18.1 times more for housing

 
Pakistan
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$14.55
PKR4,044.50
$81.97
ISK10,289
1-Bedroom apartment in downtown area $87.27
PKR24,255.68
$2,259.48
ISK284K
1-Bedroom apartment outside city center $51.03
PKR14,183.01
$2,034.90
ISK255K

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pay 16.7 times more for childcare

 
Pakistan
Reykjavik
Private preschool for 1 child, monthly $30.86
PKR8,575.94
$327.78
ISK41,146
Middle school for 1 child, two semesters $1,351.44
PKR376K
$30,711.08
ISK4M

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pay 5.8 times more for entertainment and sports

 
Pakistan
Reykjavik
Domestic/local beer (1 pint) $2.45
PKR681.48
$13.12
ISK1,647
Cappuccino in mid-range area $1.56
PKR434.09
$6.17
ISK775
Pack of cigarettes
Marlboro or similar
$1.82
PKR506.74
$13.94
ISK1,749

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pay 6.0 times more for clothing

 
Pakistan
Reykjavik
Regular jeans
Levi's brand
$15.25
PKR4,237.58
$145.10
ISK18,214
Regular dress
from H&M or similar store
$21.49
PKR5,972.77
$63.97
ISK8,030
Running shoes
Nike or Adidas
$71.60
PKR19,899.84
$193.43
ISK24,281

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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: June 2026
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See the cost of living in Pakistan vs. Iceland. This provides a comparison of the average cost of living from cities within Pakistan and Iceland.

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