Cost of living comparison

compared to

Augusta vs. Reykjavik Cost of Living Summary

Augusta is 18.0% cheaper than Reykjavik.

Restaurants
pay 35.2% less in Augusta
Groceries
pay 30.2% less in Augusta
Transportation
pay 55.1% less in Augusta
Housing
pay 12.2% more in Augusta
Childcare
pay 83.7% more in Augusta
Entertainment and Sports
pay 40.2% less in Augusta
Clothing
pay 61.4% less in Augusta

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

Augusta vs. Reykjavik Cost Breakdown

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

pay 35.2% less for restaurants

 
Reykjavik
Augusta
Basic meal with drink at inexpensive restaurant $27.48
ISK3,473
$18.00
 
Fast food combo meal
McDonalds, or similar
$22.76
ISK2,877
$10.00
 
Bottle of Coca-Cola (11 fl. oz) $3.34
ISK422
$2.62
 

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pay 30.2% less for groceries

 
Reykjavik
Augusta
Bread
1 loaf
$4.63
ISK586
$2.25
 
Local cheese (8 oz) $9.44
ISK1,193
$4.23
 
Milk (1 gallon) $7.63
ISK964
$3.01
 

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pay 55.1% less for transportation

 
Reykjavik
Augusta
Gasoline (1 gallon) $9.66
ISK1,221
$2.97
 
Monthly public transit pass $88.58
ISK11,197
$40.00
 
New Volkswagen Golf 1.4 (standard edition) $50,771.00
ISK6,417,454
$31,000.00
 

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pay 12.2% more for housing

 
Reykjavik
Augusta
Internet connection
50 mbps or faster, cable/dsl
$81.97
ISK10,361
$71.00
 
1-Bedroom apartment in downtown area $2,259.48
ISK285,599
$1,250.00
 
1-Bedroom apartment outside city center $2,034.90
ISK257,212
$1,300.00
 

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pay 83.7% more for childcare

 
Reykjavik
Augusta
Private preschool for 1 child, monthly $327.78
ISK41,431
$922.50
 
Middle school for 1 child, two semesters $30,711.08
ISK3,881,881
$26,413.80
 

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pay 40.2% less for entertainment and sports

 
Reykjavik
Augusta
Domestic/local beer (1 pint) $13.12
ISK1,659
$5.50
 
Cappuccino in mid-range area $6.17
ISK780
$5.00
 
Pack of cigarettes
Marlboro or similar
$13.94
ISK1,761
$8.00
 

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pay 61.4% less for clothing

 
Reykjavik
Augusta
Regular jeans
Levi's brand
$145.10
ISK18,340
$34.40
 
Regular dress
from H&M or similar store
$63.97
ISK8,086
$38.33
 
Running shoes
Nike or Adidas
$193.43
ISK24,449
$72.50
 

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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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