Cost of living comparison
compared to
Aliso Viejo vs. Reykjavik Cost of Living Summary
Aliso Viejo is 17.4% more expensive than Reykjavik.
- Restaurants
-
pay 21.0% less in Aliso Viejo
- Groceries
-
pay 9.3% less in Aliso Viejo
- Transportation
-
pay 41.7% less in Aliso Viejo
- Housing
-
pay 47.4% more in Aliso Viejo
- Childcare
-
pay 3.1 times more in Aliso Viejo
- Entertainment and Sports
-
pay 22.0% less in Aliso Viejo
- Clothing
-
pay 44.2% less in Aliso Viejo
The cost of childcare and housing in Aliso Viejo are more expensive than in Reykjavik. Expenses including clothing, transportation, entertainment and sports, restaurants, and groceries are lower in Aliso Viejo. Notably, childcare is significantly more expensive in Aliso Viejo.
Aliso Viejo vs. Reykjavik Cost Breakdown
If you lived in Aliso Viejo instead of Reykjavik, you would:
pay 21.0% less for restaurants
|
Reykjavik
|
Aliso Viejo
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$27.48
ISK3,517
|
$25.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$22.76
ISK2,913
|
$12.84
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.34
ISK427
|
$2.83
|
|
| Bottle of water (11 fl. oz) |
$2.70
ISK345
|
$2.26
|
|
Reykjavik vs. Aliso Viejo - Cost of restaurants
Improve prices ·
Change currency (USD)
pay 9.3% less for groceries
|
Reykjavik
|
Aliso Viejo
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.63
ISK593
|
$4.52
|
|
| Local cheese (8 oz) |
$9.44
ISK1,208
|
$6.22
|
|
| Milk (1 gallon) |
$7.63
ISK976
|
$4.62
|
|
|
Eggs
1 dozen
|
$6.50
ISK832
|
$4.50
|
|
| Boneless chicken breast (1 lb) |
$11.29
ISK1,445
|
$7.55
|
|
| Apples (1 lb) |
$1.59
ISK204
|
$2.90
|
|
| Bananas (1 lb) |
$1.17
ISK150
|
$0.74
|
|
| Oranges (1 lb) |
$1.49
ISK190
|
$1.75
|
|
| Tomatoes (1 lb) |
$2.54
ISK325
|
$2.17
|
|
| Potatoes (1 lb) |
$1.70
ISK217
|
$1.38
|
|
| Onions (1 lb) |
$1.13
ISK145
|
$1.22
|
|
Reykjavik vs. Aliso Viejo - Cost of groceries
Improve prices ·
Change currency (USD)
pay 41.7% less for transportation
|
Reykjavik
|
Aliso Viejo
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$9.66
ISK1,236
|
$4.78
|
|
| Monthly public transit pass |
$88.58
ISK11,337
|
?? | |
| New Volkswagen Golf 1.4 (standard edition) |
$50,771.00
ISK6,497,672
|
$28,500.00
|
|
| Taxi trip in downtown area (5 miles) |
$28.07
ISK3,592
|
$19.41
|
|
Reykjavik vs. Aliso Viejo - Cost of transportation
Improve prices ·
Change currency (USD)
pay 47.4% more for housing
|
Reykjavik
|
Aliso Viejo
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$81.97
ISK10,490
|
$74.01
|
|
| 1-Bedroom apartment in downtown area |
$2,259.48
ISK289,169
|
$2,800.00
|
|
| 1-Bedroom apartment outside city center |
$2,034.90
ISK260,427
|
$2,500.00
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$60.87
ISK7,791
|
$153.80
|
|
Reykjavik vs. Aliso Viejo - Cost of housing
Improve prices ·
Change currency (USD)
pay 3.1 times more for childcare
|
Reykjavik
|
Aliso Viejo
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$327.78
ISK41,949
|
$1,762.50
|
|
| Middle school for 1 child, two semesters |
$30,711.08
ISK3,930,404
|
$27,000.00
|
|
Reykjavik vs. Aliso Viejo - Cost of childcare
Improve prices ·
Change currency (USD)
pay 22.0% less for entertainment and sports
|
Reykjavik
|
Aliso Viejo
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$13.12
ISK1,680
|
$8.00
|
|
| Cappuccino in mid-range area |
$6.17
ISK790
|
$5.67
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.94
ISK1,783
|
$10.50
|
|
| Monthly membership at local gym |
$87.35
ISK11,179
|
$50.00
|
|
| Movie ticket to theater/cinema |
$17.18
ISK2,199
|
$18.00
|
|
Reykjavik vs. Aliso Viejo - Cost of entertainment and sports
Improve prices ·
Change currency (USD)
pay 44.2% less for clothing
|
Reykjavik
|
Aliso Viejo
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$145.10
ISK18,569
|
$61.25
|
|
|
Regular dress
from H&M or similar store
|
$63.97
ISK8,187
|
$44.15
|
|
|
Running shoes
Nike or Adidas
|
$193.43
ISK24,755
|
$100.00
|
|
| Men's business shoes (leather) |
$248.79
ISK31,840
|
$149.85
|
|
Reykjavik vs. Aliso Viejo - Cost of clothing
Improve prices ·
Change currency (USD)
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: December 2025
Change currency:
Compare countries by overall cost of living
See the
cost of living in Iceland vs. United States.
This provides a comparison of the average cost of living from cities within Iceland and United States.
Help us improve these prices
MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate.
Learn more
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Aliso Viejo or Reykjavik. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.