Cost of living comparison
compared to
Fort Collins vs. Reykjavik Cost of Living Summary
Fort Collins is 0.6% more expensive than Reykjavik.
- Restaurants
-
pay 25.4% less in Fort Collins
- Groceries
-
pay 26.6% less in Fort Collins
- Transportation
-
pay 45.0% less in Fort Collins
- Housing
-
pay 10.9% more in Fort Collins
- Childcare
-
pay 2.5 times more in Fort Collins
- Entertainment and Sports
-
pay 31.3% less in Fort Collins
- Clothing
-
pay 31.3% less in Fort Collins
The cost of childcare and housing in Fort Collins are more expensive than in Reykjavik. Expenses including transportation, entertainment and sports, clothing, groceries, and restaurants are lower in Fort Collins. Notably, childcare is significantly more expensive in Fort Collins.
Fort Collins vs. Reykjavik Cost Breakdown
If you lived in Fort Collins instead of Reykjavik, you would:
pay 25.4% less for restaurants
|
Reykjavik
|
Fort Collins
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$27.48
ISK3,517
|
$18.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$22.76
ISK2,913
|
$12.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.34
ISK427
|
$2.60
|
|
| Bottle of water (11 fl. oz) |
$2.70
ISK345
|
$2.75
|
|
Reykjavik vs. Fort Collins - Cost of restaurants
Improve prices ·
Change currency (USD)
pay 26.6% less for groceries
|
Reykjavik
|
Fort Collins
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.63
ISK593
|
$3.09
|
|
| Local cheese (8 oz) |
$9.44
ISK1,208
|
$5.51
|
|
| Milk (1 gallon) |
$7.63
ISK976
|
$3.89
|
|
|
Eggs
1 dozen
|
$6.50
ISK832
|
$4.33
|
|
| Boneless chicken breast (1 lb) |
$11.29
ISK1,445
|
$3.90
|
|
| Apples (1 lb) |
$1.59
ISK204
|
$1.76
|
|
| Bananas (1 lb) |
$1.17
ISK150
|
$0.70
|
|
| Oranges (1 lb) |
$1.49
ISK190
|
$1.95
|
|
| Tomatoes (1 lb) |
$2.54
ISK325
|
$2.28
|
|
| Potatoes (1 lb) |
$1.70
ISK217
|
$1.05
|
|
| Onions (1 lb) |
$1.13
ISK145
|
$0.87
|
|
Reykjavik vs. Fort Collins - Cost of groceries
Improve prices ·
Change currency (USD)
pay 45.0% less for transportation
|
Reykjavik
|
Fort Collins
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$9.66
ISK1,236
|
$3.09
|
|
| Monthly public transit pass |
$88.58
ISK11,337
|
?? | |
| 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
|
$17.41
|
|
Reykjavik vs. Fort Collins - Cost of transportation
Improve prices ·
Change currency (USD)
pay 10.9% more for housing
|
Reykjavik
|
Fort Collins
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$81.97
ISK10,490
|
$76.67
|
|
| 1-Bedroom apartment in downtown area |
$2,259.48
ISK289,169
|
$1,783.33
|
|
| 1-Bedroom apartment outside city center |
$2,034.90
ISK260,427
|
$1,250.00
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$60.87
ISK7,791
|
$127.72
|
|
Reykjavik vs. Fort Collins - Cost of housing
Improve prices ·
Change currency (USD)
pay 2.5 times more for childcare
|
Reykjavik
|
Fort Collins
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$327.78
ISK41,949
|
$1,525.00
|
|
| Middle school for 1 child, two semesters |
$30,711.08
ISK3,930,404
|
$12,500.00
|
|
Reykjavik vs. Fort Collins - Cost of childcare
Improve prices ·
Change currency (USD)
pay 31.3% less for entertainment and sports
|
Reykjavik
|
Fort Collins
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$13.12
ISK1,680
|
$7.00
|
|
| Cappuccino in mid-range area |
$6.17
ISK790
|
$5.17
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.94
ISK1,783
|
$9.50
|
|
| Monthly membership at local gym |
$87.35
ISK11,179
|
$60.00
|
|
| Movie ticket to theater/cinema |
$17.18
ISK2,199
|
$12.00
|
|
Reykjavik vs. Fort Collins - Cost of entertainment and sports
Improve prices ·
Change currency (USD)
pay 31.3% less for clothing
|
Reykjavik
|
Fort Collins
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$145.10
ISK18,569
|
$67.50
|
|
|
Regular dress
from H&M or similar store
|
$63.97
ISK8,187
|
$91.67
|
|
|
Running shoes
Nike or Adidas
|
$193.43
ISK24,755
|
$80.00
|
|
| Men's business shoes (leather) |
$248.79
ISK31,840
|
$108.33
|
|
Reykjavik vs. Fort Collins - Cost of clothing
Improve prices ·
Change currency (USD)
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
Change currency:
Compare countries by overall cost of living
See the
cost of living in Iceland vs. United States.
This provides a comparison of the average cost of living from cities within Iceland and United States.
Help us improve these prices
MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate.
Learn more
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Fort Collins or Reykjavik. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.