Cost of living comparison

compared to

Chester vs. Reykjavik Cost of Living Summary

Chester is 4.7% more expensive than Reykjavik.

Restaurants: pay 37.3% less in Chester
Groceries: pay 42.3% less in Chester
Transportation: pay 35.7% less in Chester
Housing: pay 46.3% more in Chester
Childcare: pay 2.7 times more in Chester
Entertainment and Sports: pay 21.4% less in Chester
Clothing: pay 47.4% less in Chester

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

Chester vs. Reykjavik Cost Breakdown

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

Display currency: USD

pay 37.3% less for restaurants

	Reykjavik	Chester
Basic meal with drink at inexpensive restaurant	$27.48 ISK3,473	$20.70 £15.48	-24.7%
Fast food combo meal McDonalds, or similar	$22.76 ISK2,877	$10.68 £7.99	-53.1%
Bottle of Coca-Cola (11 fl. oz)	$3.34 ISK422	$2.28 £1.70	-31.7%
Bottle of water (11 fl. oz)	$2.70 ISK341	$1.63 £1.22	-39.7%
Average			-37.3%

Reykjavik vs. Chester - Cost of restaurants

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pay 42.3% less for groceries

	Reykjavik	Chester
Bread 1 loaf	$4.63 ISK586	$1.61 £1.20	-65.3%
Local cheese (8 oz)	$9.44 ISK1,193	$4.51 £3.37	-52.3%
Milk (1 gallon)	$7.63 ISK964	$6.07 £4.54	-20.5%
Eggs 1 dozen	$6.50 ISK822	$3.85 £2.88	-40.8%
Boneless chicken breast (1 lb)	$11.29 ISK1,427	$3.98 £2.97	-64.8%
Apples (1 lb)	$1.59 ISK201	$1.34 £1.01	-15.5%
Bananas (1 lb)	$1.17 ISK148	$0.63 £0.47	-45.8%
Oranges (1 lb)	$1.49 ISK188	$1.27 £0.95	-15.0%
Tomatoes (1 lb)	$2.54 ISK321	$1.28 £0.96	-49.4%
Potatoes (1 lb)	$1.70 ISK214	$0.84 £0.63	-50.6%
Onions (1 lb)	$1.13 ISK143	$0.62 £0.46	-45.4%
Average			-42.3%

Reykjavik vs. Chester - Cost of groceries

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pay 35.7% less for transportation

	Reykjavik	Chester
Gasoline (1 gallon)	$9.66 ISK1,221	$7.12 £5.33	-26.3%
Monthly public transit pass	$88.58 ISK11,197	$47.41 £35.45	-46.5%
New Volkswagen Golf 1.4 (standard edition)	$50,771.00 ISK6,417,454	$37,772.71 £28,247.61	-25.6%
Taxi trip in downtown area (5 miles)	$28.07 ISK3,548	$15.63 £11.69	-44.3%
Average			-35.7%

Reykjavik vs. Chester - Cost of transportation

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pay 46.3% more for housing

	Reykjavik	Chester
Internet connection 50 mbps or faster, cable/dsl	$81.97 ISK10,361	$42.85 £32.05	-47.7%
1-Bedroom apartment in downtown area	$2,259.48 ISK285,599	$1,335.43 £998.68	-40.9%
1-Bedroom apartment outside city center	$2,034.90 ISK257,212	$1,054.99 £788.96	-48.2%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$60.87 ISK7,694	$257.01 £192.20	+322.2%
Average			+46.3%

Reykjavik vs. Chester - Cost of housing

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pay 2.7 times more for childcare

	Reykjavik	Chester
Private preschool for 1 child, monthly	$327.78 ISK41,431	$1,602.52 £1,198.41	+388.9%
Middle school for 1 child, two semesters	$30,711.08 ISK3,881,881	$16,025.19 £11,984.14	-47.8%
Average			+170.5%

Reykjavik vs. Chester - Cost of childcare

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pay 21.4% less for entertainment and sports

	Reykjavik	Chester
Domestic/local beer (1 pint)	$13.12 ISK1,659	$6.68 £4.99	-49.1%
Cappuccino in mid-range area	$6.17 ISK780	$4.74 £3.55	-23.2%
Pack of cigarettes Marlboro or similar	$13.94 ISK1,761	$20.03 £14.98	+43.7%
Monthly membership at local gym	$87.35 ISK11,041	$38.39 £28.71	-56.0%
Movie ticket to theater/cinema	$17.18 ISK2,172	$13.35 £9.99	-22.3%
Average			-21.4%

Reykjavik vs. Chester - Cost of entertainment and sports

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pay 47.4% less for clothing

	Reykjavik	Chester
Regular jeans Levi's brand	$145.10 ISK18,340	$88.58 £66.25	-38.9%
Regular dress from H&M or similar store	$63.97 ISK8,086	$37.39 £27.96	-41.5%
Running shoes Nike or Adidas	$193.43 ISK24,449	$97.93 £73.24	-49.4%
Men's business shoes (leather)	$248.79 ISK31,447	$100.16 £74.90	-59.7%
Average			-47.4%

Reykjavik vs. Chester - 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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