Cost of living comparison

compared to

Cork vs. Reykjavik Cost of Living Summary

Cork is 7.8% more expensive than Reykjavik.

Restaurants
pay 23.4% less in Cork
Groceries
pay 17.4% less in Cork
Transportation
pay 4.4% less in Cork
Housing
pay 32.7% more in Cork
Childcare
pay 2.2 times more in Cork
Entertainment and Sports
pay 13.5% less in Cork
Clothing
pay 38.1% less in Cork

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

Cork vs. Reykjavik Cost Breakdown

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

pay 23.4% less for restaurants

 
Reykjavik
Cork
Basic meal with drink at inexpensive restaurant $27.48
ISK3,517
$23.36
€20.06
Fast food combo meal
McDonalds, or similar
$22.76
ISK2,913
$11.68
€10.03
Bottle of Coca-Cola (11 fl. oz) $3.34
ISK427
$2.87
€2.47

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pay 17.4% less for groceries

 
Reykjavik
Cork
Bread
1 loaf
$4.63
ISK593
$2.28
€1.96
Local cheese (8 oz) $9.44
ISK1,208
$7.02
€6.03
Milk (1 gallon) $7.63
ISK976
$5.84
€5.02

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pay 4.4% less for transportation

 
Reykjavik
Cork
Gasoline (1 gallon) $9.66
ISK1,236
$7.79
€6.69
Monthly public transit pass $88.58
ISK11,337
$100.45
€86.27
New Volkswagen Golf 1.4 (standard edition) $50,771.00
ISK6,497,672
$42,836.02
€36,788.04

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pay 32.7% more for housing

 
Reykjavik
Cork
Internet connection
50 mbps or faster, cable/dsl
$81.97
ISK10,490
$50.80
€43.62
1-Bedroom apartment in downtown area $2,259.48
ISK289,169
$1,844.00
€1,583.65
1-Bedroom apartment outside city center $2,034.90
ISK260,427
$1,549.92
€1,331.09

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pay 2.2 times more for childcare

 
Reykjavik
Cork
Private preschool for 1 child, monthly $327.78
ISK41,949
$1,354.87
€1,163.58
Middle school for 1 child, two semesters $30,711.08
ISK3,930,404
$7,397.27
€6,352.85

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pay 13.5% less for entertainment and sports

 
Reykjavik
Cork
Domestic/local beer (1 pint) $13.12
ISK1,680
$7.01
€6.02
Cappuccino in mid-range area $6.17
ISK790
$4.63
€3.97
Pack of cigarettes
Marlboro or similar
$13.94
ISK1,783
$20.73
€17.80

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pay 38.1% less for clothing

 
Reykjavik
Cork
Regular jeans
Levi's brand
$145.10
ISK18,569
$101.62
€87.27
Regular dress
from H&M or similar store
$63.97
ISK8,187
$46.72
€40.12
Running shoes
Nike or Adidas
$193.43
ISK24,755
$104.70
€89.92

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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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