Cost of living comparison

compared to

Alta vs. Reykjavik Cost of Living Summary

Alta is 18.5% cheaper than Reykjavik.

Restaurants
pay 46.7% less in Alta
Groceries
pay 23.6% less in Alta
Entertainment and Sports
pay 14.8% more in Alta

Expenses including restaurants and groceries are lower in Alta.

Alta vs. Reykjavik Cost Breakdown

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

pay 46.7% less for restaurants

 
Reykjavik
Alta
Basic meal with drink at inexpensive restaurant $27.48
ISK3,517
$17.46
NOK176.51
Fast food combo meal
McDonalds, or similar
$22.76
ISK2,913
$8.31
NOK84.02
Bottle of Coca-Cola (11 fl. oz) $3.34
ISK427
$1.80
NOK18.15

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pay 23.6% less for groceries

 
Reykjavik
Alta
Bread
1 loaf
$4.63
ISK593
$2.49
NOK25.21
Local cheese (8 oz) $9.44
ISK1,208
??
Milk (1 gallon) $7.63
ISK976
$7.55
NOK76.34

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pay (unknown) more for transportation

 
Reykjavik
Alta
Gasoline (1 gallon) $9.66
ISK1,236
??
Monthly public transit pass $88.58
ISK11,337
??
New Volkswagen Golf 1.4 (standard edition) $50,771.00
ISK6,497,672
??

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pay (unknown) more for housing

 
Reykjavik
Alta
Internet connection
50 mbps or faster, cable/dsl
$81.97
ISK10,490
??
1-Bedroom apartment in downtown area $2,259.48
ISK289,169
??
1-Bedroom apartment outside city center $2,034.90
ISK260,427
??

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pay (unknown) more for childcare

 
Reykjavik
Alta
Private preschool for 1 child, monthly $327.78
ISK41,949
??
Middle school for 1 child, two semesters $30,711.08
ISK3,930,404
??

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pay 14.8% more for entertainment and sports

 
Reykjavik
Alta
Domestic/local beer (1 pint) $13.12
ISK1,680
$12.81
NOK129.44
Cappuccino in mid-range area $6.17
ISK790
$8.15
NOK82.37
Pack of cigarettes
Marlboro or similar
$13.94
ISK1,783
??

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pay (unknown) more for clothing

 
Reykjavik
Alta
Regular jeans
Levi's brand
$145.10
ISK18,569
??
Regular dress
from H&M or similar store
$63.97
ISK8,187
??
Running shoes
Nike or Adidas
$193.43
ISK24,755
??

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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: December 2025
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