Cost of living comparison

compared to

Douglas vs. Reykjavik Cost of Living Summary

Douglas is 18.3% more expensive than Reykjavik.

Restaurants: pay 23.4% less in Douglas
Groceries: pay 27.1% less in Douglas
Transportation: pay 20.7% less in Douglas
Housing: pay 44.1% more in Douglas
Childcare: pay 3.1 times more in Douglas
Entertainment and Sports: pay 7.8% less in Douglas
Clothing: pay 43.4% less in Douglas

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

Douglas vs. Reykjavik Cost Breakdown

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

Display currency: USD

pay 23.4% less for restaurants

	Reykjavik	Douglas
Basic meal with drink at inexpensive restaurant	$27.48 ISK3,517	$29.38 £22.19	+6.9%
Fast food combo meal McDonalds, or similar	$22.76 ISK2,913	$10.14 £7.65	-55.5%
Bottle of Coca-Cola (11 fl. oz)	$3.34 ISK427	$2.70 £2.04	-19.0%
Bottle of water (11 fl. oz)	$2.70 ISK345	$1.99 £1.51	-26.1%
Average			-23.4%

Reykjavik vs. Douglas - Cost of restaurants

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pay 27.1% less for groceries

	Reykjavik	Douglas
Bread 1 loaf	$4.63 ISK593	$2.25 £1.70	-51.4%
Local cheese (8 oz)	$9.44 ISK1,208	$3.56 £2.69	-62.3%
Milk (1 gallon)	$7.63 ISK976	$8.28 £6.25	+8.5%
Eggs 1 dozen	$6.50 ISK832	$4.99 £3.77	-23.3%
Boneless chicken breast (1 lb)	$11.29 ISK1,445	$3.63 £2.74	-67.8%
Apples (1 lb)	$1.59 ISK204	$1.10 £0.83	-31.0%
Bananas (1 lb)	$1.17 ISK150	$0.82 £0.62	-30.1%
Oranges (1 lb)	$1.49 ISK190	$1.30 £0.98	-12.5%
Tomatoes (1 lb)	$2.54 ISK325	$1.79 £1.36	-29.2%
Potatoes (1 lb)	$1.70 ISK217	$1.36 £1.03	-19.7%
Onions (1 lb)	$1.13 ISK145	$1.36 £1.03	+20.5%
Average			-27.1%

Reykjavik vs. Douglas - Cost of groceries

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pay 20.7% less for transportation

	Reykjavik	Douglas
Gasoline (1 gallon)	$9.66 ISK1,236	$7.98 £6.03	-17.4%
Monthly public transit pass	$88.58 ISK11,337	$89.03 £67.23	+0.5%
New Volkswagen Golf 1.4 (standard edition)	$50,771.00 ISK6,497,672	$34,200.43 £25,827.48	-32.6%
Taxi trip in downtown area (5 miles)	$28.07 ISK3,592	$18.70 £14.12	-33.4%
Average			-20.7%

Reykjavik vs. Douglas - Cost of transportation

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pay 44.1% more for housing

	Reykjavik	Douglas
Internet connection 50 mbps or faster, cable/dsl	$81.97 ISK10,490	$74.34 £56.14	-9.3%
1-Bedroom apartment in downtown area	$2,259.48 ISK289,169	$1,259.12 £950.86	-44.3%
1-Bedroom apartment outside city center	$2,034.90 ISK260,427	$1,096.96 £828.40	-46.1%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$60.87 ISK7,791	$228.92 £172.88	+276.1%
Average			+44.1%

Reykjavik vs. Douglas - Cost of housing

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pay 3.1 times more for childcare

	Reykjavik	Douglas
Private preschool for 1 child, monthly	$327.78 ISK41,949	$1,671.96 £1,262.63	+410.1%
Middle school for 1 child, two semesters	$30,711.08 ISK3,930,404	$31,716.53 £23,951.69	+3.3%
Average			+206.7%

Reykjavik vs. Douglas - Cost of childcare

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pay 7.8% less for entertainment and sports

	Reykjavik	Douglas
Domestic/local beer (1 pint)	$13.12 ISK1,680	$6.54 £4.94	-50.1%
Cappuccino in mid-range area	$6.17 ISK790	$5.23 £3.95	-15.2%
Pack of cigarettes Marlboro or similar	$13.94 ISK1,783	$22.03 £16.64	+58.1%
Monthly membership at local gym	$87.35 ISK11,179	$65.44 £49.42	-25.1%
Movie ticket to theater/cinema	$17.18 ISK2,199	$16.03 £12.10	-6.7%
Average			-7.8%

Reykjavik vs. Douglas - Cost of entertainment and sports

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pay 43.4% less for clothing

	Reykjavik	Douglas
Regular jeans Levi's brand	$145.10 ISK18,569	$96.82 £73.12	-33.3%
Regular dress from H&M or similar store	$63.97 ISK8,187	$45.07 £34.03	-29.5%
Running shoes Nike or Adidas	$193.43 ISK24,755	$112.40 £84.88	-41.9%
Men's business shoes (leather)	$248.79 ISK31,840	$77.90 £58.83	-68.7%
Average			-43.4%

Reykjavik vs. Douglas - 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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