Cost of living comparison
Reykjavik vs. Providenciales Cost of Living Summary
Reykjavik is 10.5% more expensive than Providenciales.
- Restaurants
-
pay 82.5% more in Reykjavik
- Groceries
-
pay 12.6% less in Reykjavik
- Transportation
-
pay 5.6% less in Reykjavik
- Housing
-
pay 6.4% less in Reykjavik
- Childcare
-
pay 2.2 times more in Reykjavik
- Entertainment and Sports
-
pay 42.1% more in Reykjavik
- Clothing
-
pay 57.5% more in Reykjavik
The cost of childcare, restaurants, clothing, and entertainment and sports in Reykjavik are more expensive than in Providenciales. Expenses including groceries, housing, and transportation are lower in Reykjavik. Notably, childcare and restaurants are significantly more expensive in Reykjavik.
Reykjavik vs. Providenciales Cost Breakdown
If you lived in Reykjavik instead of Providenciales, you would:
pay 82.5% more for restaurants
|
Providenciales
|
Reykjavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$18.00
|
$31.06
ISK3,763
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.00
|
$26.97
ISK3,268
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.00
|
$3.31
ISK402
|
|
| Bottle of water (11 fl. oz) |
$2.25
|
$3.11
ISK376
|
|
pay 12.6% less for groceries
|
Providenciales
|
Reykjavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$6.00
|
$4.19
ISK508
|
|
| Local cheese (8 oz) | ?? |
$10.93
ISK1,324
|
|
| Milk (1 gallon) |
$18.22
|
$7.78
ISK942
|
|
|
Eggs
1 dozen
|
?? |
$7.08
ISK858
|
|
| Boneless chicken breast (1 lb) |
$9.07
|
$11.00
ISK1,333
|
|
| Apples (1 lb) |
$1.81
|
$1.50
ISK182
|
|
| Bananas (1 lb) |
$1.04
|
$1.27
ISK154
|
|
| Oranges (1 lb) |
$1.13
|
$1.46
ISK177
|
|
| Tomatoes (1 lb) | ?? |
$2.93
ISK355
|
|
| Potatoes (1 lb) | ?? |
$1.78
ISK215
|
|
| Onions (1 lb) |
$0.91
|
$0.76
ISK92
|
|
pay 5.6% less for transportation
|
Providenciales
|
Reykjavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.22
|
$7.76
ISK941
|
|
| Monthly public transit pass | ?? |
$94.80
ISK11,488
|
|
| New Volkswagen Golf 1.4 (standard edition) | ?? |
$50,588.43
ISK6M
|
|
| Taxi trip in downtown area (5 miles) | ?? |
$29.26
ISK3,545
|
|
pay 6.4% less for housing
|
Providenciales
|
Reykjavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$142.00
|
$86.01
ISK10,422
|
|
| 1-Bedroom apartment in downtown area |
$1,766.67
|
$2,522.88
ISK306K
|
|
| 1-Bedroom apartment outside city center |
$1,883.33
|
$2,032.25
ISK246K
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$305.88
|
$73.44
ISK8,899
|
|
pay 2.2 times more for childcare
|
Providenciales
|
Reykjavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$500.00
|
$1,185.23
ISK144K
|
|
| Middle school for 1 child, two semesters |
$13,000.00
|
$25,853.51
ISK3M
|
|
pay 42.1% more for entertainment and sports
|
Providenciales
|
Reykjavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.00
|
$13.89
ISK1,684
|
|
| Cappuccino in mid-range area |
$6.00
|
$6.74
ISK817
|
|
|
Pack of cigarettes
Marlboro or similar
|
?? |
$13.89
ISK1,684
|
|
| Monthly membership at local gym |
$100.00
|
$100.25
ISK12,148
|
|
| Movie ticket to theater/cinema | ?? |
$19.57
ISK2,372
|
|
pay 57.5% more for clothing
|
Providenciales
|
Reykjavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$80.00
|
$149.01
ISK18,058
|
|
|
Regular dress
from H&M or similar store
|
$60.00
|
$65.79
ISK7,972
|
|
|
Running shoes
Nike or Adidas
|
$150.00
|
$181.84
ISK22,035
|
|
| Men's business shoes (leather) |
$100.00
|
$248.81
ISK30,151
|
|
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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