Cost of living comparison
compared to
Colorado Springs vs. Reykjavik Cost of Living Summary
Colorado Springs is 4.8% more expensive than Reykjavik.
- Restaurants
-
pay 24.4% less in Colorado Springs
- Groceries
-
pay 17.4% less in Colorado Springs
- Transportation
-
pay 43.2% less in Colorado Springs
- Housing
-
pay 29.0% more in Colorado Springs
- Childcare
-
pay 2.7 times more in Colorado Springs
- Entertainment and Sports
-
pay 24.6% less in Colorado Springs
- Clothing
-
pay 53.6% less in Colorado Springs
The cost of childcare and housing in Colorado Springs are more expensive than in Reykjavik. Expenses including clothing, transportation, entertainment and sports, restaurants, and groceries are lower in Colorado Springs. Notably, childcare is significantly more expensive in Colorado Springs.
Colorado Springs vs. Reykjavik Cost Breakdown
If you lived in Colorado Springs instead of Reykjavik, you would:
pay 24.4% less for restaurants
|
Reykjavik
|
Colorado Springs
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$27.48
ISK3,517
|
$20.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$22.76
ISK2,913
|
$10.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.34
ISK427
|
$3.25
|
|
| Bottle of water (11 fl. oz) |
$2.70
ISK345
|
$2.38
|
|
Reykjavik vs. Colorado Springs - Cost of restaurants
pay 17.4% less for groceries
|
Reykjavik
|
Colorado Springs
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.63
ISK593
|
$3.61
|
|
| Local cheese (8 oz) |
$9.44
ISK1,208
|
$7.07
|
|
| Milk (1 gallon) |
$7.63
ISK976
|
$3.82
|
|
|
Eggs
1 dozen
|
$6.50
ISK832
|
$5.50
|
|
| Boneless chicken breast (1 lb) |
$11.29
ISK1,445
|
$6.78
|
|
| Apples (1 lb) |
$1.59
ISK204
|
$2.04
|
|
| Bananas (1 lb) |
$1.17
ISK150
|
$0.71
|
|
| Oranges (1 lb) |
$1.49
ISK190
|
$1.69
|
|
| Tomatoes (1 lb) |
$2.54
ISK325
|
$2.16
|
|
| Potatoes (1 lb) |
$1.70
ISK217
|
$1.20
|
|
| Onions (1 lb) |
$1.13
ISK145
|
$1.16
|
|
Reykjavik vs. Colorado Springs - Cost of groceries
pay 43.2% less for transportation
|
Reykjavik
|
Colorado Springs
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$9.66
ISK1,236
|
$3.08
|
|
| Monthly public transit pass |
$88.58
ISK11,337
|
$63.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$50,771.00
ISK6,497,672
|
$36,029.12
|
|
| Taxi trip in downtown area (5 miles) |
$28.07
ISK3,592
|
$14.90
|
|
Reykjavik vs. Colorado Springs - Cost of transportation
pay 29.0% more for housing
|
Reykjavik
|
Colorado Springs
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$81.97
ISK10,490
|
$98.38
|
|
| 1-Bedroom apartment in downtown area |
$2,259.48
ISK289,169
|
$1,745.71
|
|
| 1-Bedroom apartment outside city center |
$2,034.90
ISK260,427
|
$1,583.33
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$60.87
ISK7,791
|
$146.62
|
|
Reykjavik vs. Colorado Springs - Cost of housing
pay 2.7 times more for childcare
|
Reykjavik
|
Colorado Springs
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$327.78
ISK41,949
|
$1,493.33
|
|
| Middle school for 1 child, two semesters |
$30,711.08
ISK3,930,404
|
$24,500.00
|
|
Reykjavik vs. Colorado Springs - Cost of childcare
pay 24.6% less for entertainment and sports
|
Reykjavik
|
Colorado Springs
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$13.12
ISK1,680
|
$6.25
|
|
| Cappuccino in mid-range area |
$6.17
ISK790
|
$6.25
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.94
ISK1,783
|
$10.00
|
|
| Monthly membership at local gym |
$87.35
ISK11,179
|
$60.50
|
|
| Movie ticket to theater/cinema |
$17.18
ISK2,199
|
$15.00
|
|
Reykjavik vs. Colorado Springs - Cost of entertainment and sports
pay 53.6% less for clothing
|
Reykjavik
|
Colorado Springs
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$145.10
ISK18,569
|
$58.08
|
|
|
Regular dress
from H&M or similar store
|
$63.97
ISK8,187
|
$37.50
|
|
|
Running shoes
Nike or Adidas
|
$193.43
ISK24,755
|
$88.00
|
|
| Men's business shoes (leather) |
$248.79
ISK31,840
|
$103.00
|
|
Reykjavik vs. Colorado Springs - Cost of clothing
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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