Cost of living comparison

compared to

Cedar Rapids vs. Reykjavik Cost of Living Summary

Cedar Rapids is 14.0% cheaper than Reykjavik.

Restaurants: pay 45.3% less in Cedar Rapids
Groceries: pay 22.4% less in Cedar Rapids
Transportation: pay 49.0% less in Cedar Rapids
Housing: pay 8.1% more in Cedar Rapids
Childcare: pay 73.4% more in Cedar Rapids
Entertainment and Sports: pay 24.3% less in Cedar Rapids
Clothing: pay 38.3% less in Cedar Rapids

The cost of childcare and housing in Cedar Rapids are more expensive than in Reykjavik. Expenses including transportation, restaurants, clothing, entertainment and sports, and groceries are lower in Cedar Rapids.

Cedar Rapids vs. Reykjavik Cost Breakdown

If you lived in Cedar Rapids instead of Reykjavik, you would:

Display currency: USD

pay 45.3% less for restaurants

	Reykjavik	Cedar Rapids
Basic meal with drink at inexpensive restaurant	$27.48 ISK3,473	$15.00	-45.4%
Fast food combo meal McDonalds, or similar	$22.76 ISK2,877	$11.50	-49.5%
Bottle of Coca-Cola (11 fl. oz)	$3.34 ISK422	$1.92	-42.5%
Bottle of water (11 fl. oz)	$2.70 ISK341	$1.52	-43.8%
Average			-45.3%

Reykjavik vs. Cedar Rapids - Cost of restaurants

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pay 22.4% less for groceries

	Reykjavik	Cedar Rapids
Bread 1 loaf	$4.63 ISK586	$2.64	-43.0%
Local cheese (8 oz)	$9.44 ISK1,193	$7.12	-24.5%
Milk (1 gallon)	$7.63 ISK964	$3.07	-59.7%
Eggs 1 dozen	$6.50 ISK822	$2.83	-56.5%
Boneless chicken breast (1 lb)	$11.29 ISK1,427	$4.93	-56.3%
Apples (1 lb)	$1.59 ISK201	$2.25	+41.5%
Bananas (1 lb)	$1.17 ISK148	$0.54	-53.5%
Oranges (1 lb)	$1.49 ISK188	$2.41	+61.6%
Tomatoes (1 lb)	$2.54 ISK321	$2.13	-16.1%
Potatoes (1 lb)	$1.70 ISK214	$1.16	-31.8%
Onions (1 lb)	$1.13 ISK143	$1.04	-8.1%
Average			-22.4%

Reykjavik vs. Cedar Rapids - Cost of groceries

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pay 49.0% less for transportation

	Reykjavik	Cedar Rapids
Gasoline (1 gallon)	$9.66 ISK1,221	$2.98	-69.1%
Monthly public transit pass	$88.58 ISK11,197	$30.00	-66.1%
New Volkswagen Golf 1.4 (standard edition)	$50,771.00 ISK6,417,454	$37,383.69	-26.4%
Taxi trip in downtown area (5 miles)	$28.07 ISK3,548	$18.41	-34.4%
Average			-49.0%

Reykjavik vs. Cedar Rapids - Cost of transportation

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pay 8.1% more for housing

	Reykjavik	Cedar Rapids
Internet connection 50 mbps or faster, cable/dsl	$81.97 ISK10,361	$71.33	-13.0%
1-Bedroom apartment in downtown area	$2,259.48 ISK285,599	$1,140.00	-49.5%
1-Bedroom apartment outside city center	$2,034.90 ISK257,212	$750.00	-63.1%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$60.87 ISK7,694	$157.02	+157.9%
Average			+8.1%

Reykjavik vs. Cedar Rapids - Cost of housing

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pay 73.4% more for childcare

	Reykjavik	Cedar Rapids
Private preschool for 1 child, monthly	$327.78 ISK41,431	$968.00	+195.3%
Middle school for 1 child, two semesters	$30,711.08 ISK3,881,881	$15,795.00	-48.6%
Average			+73.4%

Reykjavik vs. Cedar Rapids - Cost of childcare

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pay 24.3% less for entertainment and sports

	Reykjavik	Cedar Rapids
Domestic/local beer (1 pint)	$13.12 ISK1,659	$4.50	-65.7%
Cappuccino in mid-range area	$6.17 ISK780	$5.46	-11.5%
Pack of cigarettes Marlboro or similar	$13.94 ISK1,761	$9.26	-33.6%
Monthly membership at local gym	$87.35 ISK11,041	$100.50	+15.1%
Movie ticket to theater/cinema	$17.18 ISK2,172	$12.75	-25.8%
Average			-24.3%

Reykjavik vs. Cedar Rapids - Cost of entertainment and sports

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pay 38.3% less for clothing

	Reykjavik	Cedar Rapids
Regular jeans Levi's brand	$145.10 ISK18,340	$62.47	-56.9%
Regular dress from H&M or similar store	$63.97 ISK8,086	$63.33	-1.0%
Running shoes Nike or Adidas	$193.43 ISK24,449	$128.26	-33.7%
Men's business shoes (leather)	$248.79 ISK31,447	$95.67	-61.5%
Average			-38.3%

Reykjavik vs. Cedar Rapids - Cost of clothing

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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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