Cost of living comparison

compared to

Reykjavik vs. Redmond Cost of Living Summary

Reykjavik is 23.8% more expensive than Redmond.

Restaurants
pay 38.2% more in Reykjavik
Groceries
pay 13.7% more in Reykjavik
Transportation
pay 59.3% more in Reykjavik
Housing
pay 19.3% less in Reykjavik
Childcare
pay 41.3% less in Reykjavik
Entertainment and Sports
pay 22.6% more in Reykjavik
Clothing
pay 93.4% more in Reykjavik

The cost of clothing, transportation, restaurants, entertainment and sports, and groceries in Reykjavik are more expensive than in Redmond. Expenses including childcare and housing are lower in Reykjavik. Notably, clothing is significantly more expensive in Reykjavik.

Reykjavik vs. Redmond Cost Breakdown

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

pay 38.2% more for restaurants

 
Redmond
Reykjavik
Basic meal with drink at inexpensive restaurant $20.00
 
$27.48
ISK3,449
Fast food combo meal
McDonalds, or similar
$13.50
 
$22.76
ISK2,857
Bottle of Coca-Cola (11 fl. oz) $2.50
 
$3.34
ISK419

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pay 13.7% more for groceries

 
Redmond
Reykjavik
Bread
1 loaf
$5.23
 
$4.63
ISK582
Local cheese (8 oz) $8.49
 
$9.44
ISK1,185
Milk (1 gallon) $5.27
 
$7.63
ISK958

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pay 59.3% more for transportation

 
Redmond
Reykjavik
Gasoline (1 gallon) $4.29
 
$9.66
ISK1,213
Monthly public transit pass $90.00
 
$88.58
ISK11,120
New Volkswagen Golf 1.4 (standard edition) $36,656.56
 
$50,771.00
ISK6M

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pay 19.3% less for housing

 
Redmond
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$78.37
 
$81.97
ISK10,289
1-Bedroom apartment in downtown area $2,300.00
 
$2,259.48
ISK284K
1-Bedroom apartment outside city center $2,265.00
 
$2,034.90
ISK255K

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pay 41.3% less for childcare

 
Redmond
Reykjavik
Private preschool for 1 child, monthly $2,200.00
 
$327.78
ISK41,146
Middle school for 1 child, two semesters $30,000.00
 
$30,711.08
ISK4M

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pay 22.6% more for entertainment and sports

 
Redmond
Reykjavik
Domestic/local beer (1 pint) $7.75
 
$13.12
ISK1,647
Cappuccino in mid-range area $6.08
 
$6.17
ISK775
Pack of cigarettes
Marlboro or similar
$12.75
 
$13.94
ISK1,749

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pay 93.4% more for clothing

 
Redmond
Reykjavik
Regular jeans
Levi's brand
$52.50
 
$145.10
ISK18,214
Regular dress
from H&M or similar store
$54.68
 
$63.97
ISK8,030
Running shoes
Nike or Adidas
$98.75
 
$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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