Cost of living comparison

compared to

Reykjavik vs. Redmond Cost of Living Summary

Reykjavik is 3.0% more expensive than Redmond.

Restaurants
pay 49.8% more in Reykjavik
Groceries
pay 9.3% more in Reykjavik
Transportation
pay 34.6% more in Reykjavik
Housing
pay 26.9% less in Reykjavik
Childcare
pay 39.8% less in Reykjavik
Entertainment and Sports
pay 30.5% more in Reykjavik
Clothing
pay 79.8% more in Reykjavik

The cost of clothing, restaurants, transportation, 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 49.8% more for restaurants

 
Redmond
Reykjavik
Basic meal with drink at inexpensive restaurant $25.00
 
$31.06
ISK3,784
Fast food combo meal
McDonalds, or similar
$12.00
 
$26.97
ISK3,286
Bottle of Coca-Cola (11 fl. oz) $3.17
 
$3.31
ISK404

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pay 9.3% more for groceries

 
Redmond
Reykjavik
Bread
1 loaf
$5.06
 
$4.19
ISK511
Local cheese (8 oz) $8.08
 
$10.93
ISK1,332
Milk (1 gallon) $4.51
 
$7.78
ISK947

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pay 34.6% more for transportation

 
Redmond
Reykjavik
Gasoline (1 gallon) $5.36
 
$7.76
ISK946
Monthly public transit pass $90.00
 
$94.80
ISK11,550
New Volkswagen Golf 1.4 (standard edition) $36,934.07
 
$50,588.43
ISK6M

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pay 26.9% less for housing

 
Redmond
Reykjavik
Internet connection
50 mbps or faster, cable/dsl
$87.00
 
$86.01
ISK10,478
1-Bedroom apartment in downtown area $2,900.00
 
$2,522.88
ISK307K
1-Bedroom apartment outside city center $2,510.00
 
$2,032.25
ISK248K

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pay 39.8% less for childcare

 
Redmond
Reykjavik
Private preschool for 1 child, monthly $2,716.67
 
$1,185.23
ISK144K
Middle school for 1 child, two semesters $31,129.44
 
$25,853.51
ISK3M

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pay 30.5% more for entertainment and sports

 
Redmond
Reykjavik
Domestic/local beer (1 pint) $7.00
 
$13.89
ISK1,693
Cappuccino in mid-range area $5.71
 
$6.74
ISK821
Pack of cigarettes
Marlboro or similar
$12.13
 
$13.89
ISK1,693

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pay 79.8% more for clothing

 
Redmond
Reykjavik
Regular jeans
Levi's brand
$67.50
 
$149.01
ISK18,154
Regular dress
from H&M or similar store
$54.88
 
$65.79
ISK8,015
Running shoes
Nike or Adidas
$90.00
 
$181.84
ISK22,154

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated November 2026). How we calculate this

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