Cost of living comparison
compared to
Keflavik vs. Quito Cost of Living Summary
Keflavik is 2.7 times more expensive than Quito.
- Restaurants
-
pay 3.6 times more in Keflavik
- Groceries
-
pay 2.3 times more in Keflavik
- Transportation
-
pay 2.8 times more in Keflavik
- Housing
-
pay 3.4 times more in Keflavik
- Childcare
-
pay 2.2 times more in Keflavik
- Entertainment and Sports
-
pay 2.3 times more in Keflavik
- Clothing
-
pay 90.1% more in Keflavik
Keflavik vs. Quito Cost Breakdown
If you lived in Keflavik instead of Quito, you would:
pay 3.6 times more for restaurants
|
Quito
|
Keflavik
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$5.00
|
$24.61
ISK3,063
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.38
|
$20.51
ISK2,552
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.13
|
$3.28
ISK408
|
|
| Bottle of water (11 fl. oz) |
$0.73
|
$2.70
ISK336
|
|
Quito vs. Keflavik - Cost of restaurants
pay 2.3 times more for groceries
|
Quito
|
Keflavik
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.62
|
$4.63
ISK577
|
|
| Local cheese (8 oz) |
$4.18
|
$9.44
ISK1,175
|
|
| Milk (1 gallon) |
$4.06
|
$7.63
ISK950
|
|
|
Eggs
1 dozen
|
$2.43
|
$6.39
ISK795
|
|
| Boneless chicken breast (1 lb) |
$3.52
|
$10.98
ISK1,366
|
|
| Apples (1 lb) |
$0.98
|
$1.12
ISK139
|
|
| Bananas (1 lb) |
$0.51
|
$1.12
ISK139
|
|
| Oranges (1 lb) |
$0.48
|
$1.12
ISK139
|
|
| Tomatoes (1 lb) |
$0.59
|
$1.86
ISK232
|
|
| Potatoes (1 lb) |
$0.68
|
$1.45
ISK181
|
|
| Onions (1 lb) |
$0.47
|
$0.96
ISK119
|
|
Quito vs. Keflavik - Cost of groceries
pay 2.8 times more for transportation
|
Quito
|
Keflavik
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$2.63
|
$9.66
ISK1,202
|
|
| Monthly public transit pass |
$27.00
|
$76.28
ISK9,495
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$20,000.00
|
$50,771.00
ISK6M
|
|
| Taxi trip in downtown area (5 miles) |
$13.50
|
$27.74
ISK3,453
|
|
Quito vs. Keflavik - Cost of transportation
pay 3.4 times more for housing
|
Quito
|
Keflavik
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$28.44
|
$81.97
ISK10,203
|
|
| 1-Bedroom apartment in downtown area |
$448.12
|
$1,886.48
ISK235K
|
|
| 1-Bedroom apartment outside city center |
$317.19
|
$1,353.35
ISK168K
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$25.07
|
$60.87
ISK7,578
|
|
Quito vs. Keflavik - Cost of housing
pay 2.2 times more for childcare
|
Quito
|
Keflavik
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$283.25
|
$327.78
ISK40,802
|
|
| Middle school for 1 child, two semesters |
$9,360.00
|
$30,711.08
ISK4M
|
|
Quito vs. Keflavik - Cost of childcare
pay 2.3 times more for entertainment and sports
|
Quito
|
Keflavik
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.38
|
$8.20
ISK1,021
|
|
| Cappuccino in mid-range area |
$2.96
|
$4.10
ISK510
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.00
|
$13.94
ISK1,735
|
|
| Monthly membership at local gym |
$38.55
|
$81.64
ISK10,163
|
|
| Movie ticket to theater/cinema |
$7.00
|
$17.18
ISK2,139
|
|
Quito vs. Keflavik - Cost of entertainment and sports
pay 90.1% more for clothing
|
Quito
|
Keflavik
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$60.15
|
$145.10
ISK18,062
|
|
|
Regular dress
from H&M or similar store
|
$46.83
|
$63.97
ISK7,963
|
|
|
Running shoes
Nike or Adidas
|
$105.42
|
$185.91
ISK23,143
|
|
| Men's business shoes (leather) |
$92.78
|
$191.38
ISK23,823
|
|
Quito vs. Keflavik - 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: April 2026
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