Cost of living comparison

compared to

Galveston vs. Reykjavik Cost of Living Summary

Galveston is 12.3% cheaper than Reykjavik.

Restaurants
pay 36.1% less in Galveston
Groceries
pay 28.6% less in Galveston
Transportation
pay 35.6% less in Galveston
Housing
pay 9.5% more in Galveston
Childcare
pay 2.1 times more in Galveston
Entertainment and Sports
pay 41.8% less in Galveston
Clothing
pay 60.8% less in Galveston

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

Galveston vs. Reykjavik Cost Breakdown

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

pay 36.1% less for restaurants

 
Reykjavik
Galveston
Basic meal with drink at inexpensive restaurant $27.48
ISK3,473
$20.00
 
Fast food combo meal
McDonalds, or similar
$22.76
ISK2,877
$8.00
 
Bottle of Coca-Cola (11 fl. oz) $3.34
ISK422
$2.82
 

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pay 28.6% less for groceries

 
Reykjavik
Galveston
Bread
1 loaf
$4.63
ISK586
$2.91
 
Local cheese (8 oz) $9.44
ISK1,193
$5.46
 
Milk (1 gallon) $7.63
ISK964
$3.49
 

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pay 35.6% less for transportation

 
Reykjavik
Galveston
Gasoline (1 gallon) $9.66
ISK1,221
$2.79
 
Monthly public transit pass $88.58
ISK11,197
$32.50
 
New Volkswagen Golf 1.4 (standard edition) $50,771.00
ISK6,417,454
$30,000.00
 

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pay 9.5% more for housing

 
Reykjavik
Galveston
Internet connection
50 mbps or faster, cable/dsl
$81.97
ISK10,361
$51.67
 
1-Bedroom apartment in downtown area $2,259.48
ISK285,599
$1,411.00
 
1-Bedroom apartment outside city center $2,034.90
ISK257,212
$1,032.50
 

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pay 2.1 times more for childcare

 
Reykjavik
Galveston
Private preschool for 1 child, monthly $327.78
ISK41,431
$1,166.67
 
Middle school for 1 child, two semesters $30,711.08
ISK3,881,881
$18,000.00
 

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pay 41.8% less for entertainment and sports

 
Reykjavik
Galveston
Domestic/local beer (1 pint) $13.12
ISK1,659
$4.50
 
Cappuccino in mid-range area $6.17
ISK780
$6.49
 
Pack of cigarettes
Marlboro or similar
$13.94
ISK1,761
$8.00
 

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pay 60.8% less for clothing

 
Reykjavik
Galveston
Regular jeans
Levi's brand
$145.10
ISK18,340
$39.50
 
Regular dress
from H&M or similar store
$63.97
ISK8,086
$38.33
 
Running shoes
Nike or Adidas
$193.43
ISK24,449
$72.50
 

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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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