Cost of living comparison

compared to

Gainesville vs. Reykjavik Cost of Living Summary

Gainesville is 24.6% more expensive than Reykjavik.

Restaurants
pay 46.5% less in Gainesville
Groceries
pay 23.5% less in Gainesville
Transportation
pay 31.5% less in Gainesville
Housing
pay 27.3% more in Gainesville
Childcare
pay 4.4 times more in Gainesville
Entertainment and Sports
pay 39.5% less in Gainesville
Clothing
pay 49.4% less in Gainesville

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

Gainesville vs. Reykjavik Cost Breakdown

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

pay 46.5% less for restaurants

 
Reykjavik
Gainesville
Basic meal with drink at inexpensive restaurant $27.48
ISK3,517
$15.00
 
Fast food combo meal
McDonalds, or similar
$22.76
ISK2,913
$10.00
 
Bottle of Coca-Cola (11 fl. oz) $3.34
ISK427
$2.00
 

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pay 23.5% less for groceries

 
Reykjavik
Gainesville
Bread
1 loaf
$4.63
ISK593
$3.26
 
Local cheese (8 oz) $9.44
ISK1,208
$7.93
 
Milk (1 gallon) $7.63
ISK976
$3.71
 

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pay 31.5% less for transportation

 
Reykjavik
Gainesville
Gasoline (1 gallon) $9.66
ISK1,236
$2.97
 
Monthly public transit pass $88.58
ISK11,337
??
New Volkswagen Golf 1.4 (standard edition) $50,771.00
ISK6,497,672
$34,689.37
 

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pay 27.3% more for housing

 
Reykjavik
Gainesville
Internet connection
50 mbps or faster, cable/dsl
$81.97
ISK10,490
$88.33
 
1-Bedroom apartment in downtown area $2,259.48
ISK289,169
$2,000.00
 
1-Bedroom apartment outside city center $2,034.90
ISK260,427
$1,400.00
 

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pay 4.4 times more for childcare

 
Reykjavik
Gainesville
Private preschool for 1 child, monthly $327.78
ISK41,949
$2,577.11
 
Middle school for 1 child, two semesters $30,711.08
ISK3,930,404
$25,965.00
 

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pay 39.5% less for entertainment and sports

 
Reykjavik
Gainesville
Domestic/local beer (1 pint) $13.12
ISK1,680
$6.00
 
Cappuccino in mid-range area $6.17
ISK790
$5.12
 
Pack of cigarettes
Marlboro or similar
$13.94
ISK1,783
$7.50
 

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pay 49.4% less for clothing

 
Reykjavik
Gainesville
Regular jeans
Levi's brand
$145.10
ISK18,569
$58.00
 
Regular dress
from H&M or similar store
$63.97
ISK8,187
$45.00
 
Running shoes
Nike or Adidas
$193.43
ISK24,755
$100.00
 

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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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