Cost of living comparison
compared to
Grand Junction vs. Reykjavik Cost of Living Summary
Grand Junction is 10.9% more expensive than Reykjavik.
- Restaurants
-
pay 24.4% less in Grand Junction
- Groceries
-
pay 15.3% less in Grand Junction
- Transportation
-
pay 51.3% less in Grand Junction
- Housing
-
pay 11.4% more in Grand Junction
- Childcare
-
pay 3.5 times more in Grand Junction
- Entertainment and Sports
-
pay 34.0% less in Grand Junction
- Clothing
-
pay 60.9% less in Grand Junction
The cost of childcare and housing in Grand Junction are more expensive than in Reykjavik. Expenses including clothing, transportation, entertainment and sports, restaurants, and groceries are lower in Grand Junction. Notably, childcare is significantly more expensive in Grand Junction.
Grand Junction vs. Reykjavik Cost Breakdown
If you lived in Grand Junction instead of Reykjavik, you would:
pay 24.4% less for restaurants
|
Reykjavik
|
Grand Junction
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$27.48
ISK3,452
|
$25.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$22.76
ISK2,859
|
$15.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.34
ISK419
|
$2.50
|
|
| Bottle of water (11 fl. oz) |
$2.70
ISK339
|
$1.90
|
|
Reykjavik vs. Grand Junction - Cost of restaurants
pay 15.3% less for groceries
|
Reykjavik
|
Grand Junction
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.63
ISK582
|
$3.48
|
|
| Local cheese (8 oz) |
$9.44
ISK1,186
|
$7.99
|
|
| Milk (1 gallon) |
$7.63
ISK959
|
$3.90
|
|
|
Eggs
1 dozen
|
$6.50
ISK817
|
$4.40
|
|
| Boneless chicken breast (1 lb) |
$11.29
ISK1,419
|
$4.50
|
|
| Apples (1 lb) |
$1.59
ISK200
|
$2.37
|
|
| Bananas (1 lb) |
$1.17
ISK147
|
$0.86
|
|
| Oranges (1 lb) |
$1.49
ISK187
|
$2.20
|
|
| Tomatoes (1 lb) |
$2.54
ISK319
|
$1.75
|
|
| Potatoes (1 lb) |
$1.70
ISK213
|
$1.16
|
|
| Onions (1 lb) |
$1.13
ISK142
|
$1.19
|
|
Reykjavik vs. Grand Junction - Cost of groceries
pay 51.3% less for transportation
|
Reykjavik
|
Grand Junction
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$9.66
ISK1,214
|
$3.12
|
|
| Monthly public transit pass |
$88.58
ISK11,129
|
$45.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$50,771.00
ISK6,378,360
|
$32,000.00
|
|
| Taxi trip in downtown area (5 miles) |
$28.07
ISK3,526
|
?? | |
Reykjavik vs. Grand Junction - Cost of transportation
pay 11.4% more for housing
|
Reykjavik
|
Grand Junction
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$81.97
ISK10,298
|
$82.80
|
|
| 1-Bedroom apartment in downtown area |
$2,259.48
ISK283,859
|
$1,571.43
|
|
| 1-Bedroom apartment outside city center |
$2,034.90
ISK255,645
|
$1,216.67
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$60.87
ISK7,648
|
$131.03
|
|
Reykjavik vs. Grand Junction - Cost of housing
pay 3.5 times more for childcare
|
Reykjavik
|
Grand Junction
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$327.78
ISK41,179
|
$1,150.00
|
|
| Middle school for 1 child, two semesters |
$30,711.08
ISK3,858,233
|
?? | |
Reykjavik vs. Grand Junction - Cost of childcare
pay 34.0% less for entertainment and sports
|
Reykjavik
|
Grand Junction
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$13.12
ISK1,649
|
$6.00
|
|
| Cappuccino in mid-range area |
$6.17
ISK776
|
$5.62
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.94
ISK1,751
|
$10.00
|
|
| Monthly membership at local gym |
$87.35
ISK10,974
|
$36.25
|
|
| Movie ticket to theater/cinema |
$17.18
ISK2,159
|
$13.75
|
|
Reykjavik vs. Grand Junction - Cost of entertainment and sports
pay 60.9% less for clothing
|
Reykjavik
|
Grand Junction
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$145.10
ISK18,228
|
$52.50
|
|
|
Regular dress
from H&M or similar store
|
$63.97
ISK8,036
|
$26.33
|
|
|
Running shoes
Nike or Adidas
|
$193.43
ISK24,301
|
$83.00
|
|
| Men's business shoes (leather) |
$248.79
ISK31,256
|
$90.00
|
|
Reykjavik vs. Grand Junction - Cost of clothing
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 Grand Junction or Reykjavik. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.