Cost of living comparison

compared to

Greenland vs. Reykjavik Cost of Living Summary

Greenland is 9.6% more expensive than Reykjavik.

Restaurants: pay 6.5% less in Greenland
Groceries: pay 35.5% more in Greenland
Transportation: pay 8.8% less in Greenland
Housing: pay 50.5% more in Greenland
Childcare: pay 11.1% more in Greenland
Entertainment and Sports: pay 11.1% less in Greenland
Clothing: pay 3.2% less in Greenland

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

Greenland vs. Reykjavik Cost Breakdown

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

Display currency: USD

pay 6.5% less for restaurants

	Reykjavik	Greenland
Basic meal with drink at inexpensive restaurant	$27.48 ISK3,473	$23.67 DKK150.56	-13.9%
Fast food combo meal McDonalds, or similar	$22.76 ISK2,877	$17.56 DKK111.73	-22.8%
Bottle of Coca-Cola (11 fl. oz)	$3.34 ISK422	$2.93 DKK18.67	-12.0%
Bottle of water (11 fl. oz)	$2.70 ISK341	$3.32 DKK21.09	+22.9%
Average			-6.5%

Reykjavik vs. Greenland - Cost of restaurants

Improve prices · Change currency (USD)

pay 35.5% more for groceries

	Reykjavik	Greenland
Bread 1 loaf	$4.63 ISK586	$4.65 DKK29.59	+0.4%
Local cheese (8 oz)	$9.44 ISK1,193	$18.04 DKK114.77	+91.2%
Milk (1 gallon)	$7.63 ISK964	$11.37 DKK72.35	+49.0%
Eggs 1 dozen	$6.50 ISK822	$4.83 DKK30.74	-25.7%
Boneless chicken breast (1 lb)	$11.29 ISK1,427	$14.86 DKK94.55	+31.6%
Apples (1 lb)	$1.59 ISK201	$2.31 DKK14.70	+45.3%
Bananas (1 lb)	$1.17 ISK148	$2.31 DKK14.71	+97.7%
Oranges (1 lb)	$1.49 ISK188	$2.13 DKK13.57	+43.3%
Tomatoes (1 lb)	$2.54 ISK321	$1.96 DKK12.44	-22.9%
Potatoes (1 lb)	$1.70 ISK214	$1.69 DKK10.75	-0.4%
Onions (1 lb)	$1.13 ISK143	$2.04 DKK13.01	+80.9%
Average			+35.5%

Reykjavik vs. Greenland - Cost of groceries

Improve prices · Change currency (USD)

pay 8.8% less for transportation

	Reykjavik	Greenland
Gasoline (1 gallon)	$9.66 ISK1,221	$3.50 DKK22.26	-63.8%
Monthly public transit pass	$88.58 ISK11,197	$91.52 DKK582.22	+3.3%
New Volkswagen Golf 1.4 (standard edition)	$50,771.00 ISK6,417,454	$40,689.66 DKK258,859.47	-19.9%
Taxi trip in downtown area (5 miles)	$28.07 ISK3,548	$40.79 DKK259.52	+45.3%
Average			-8.8%

Reykjavik vs. Greenland - Cost of transportation

Improve prices · Change currency (USD)

pay 50.5% more for housing

	Reykjavik	Greenland
Internet connection 50 mbps or faster, cable/dsl	$81.97 ISK10,361	$172.50 DKK1,097.43	+110.5%
1-Bedroom apartment in downtown area	$2,259.48 ISK285,599	$850.41 DKK5,410.13	-62.4%
1-Bedroom apartment outside city center	$2,034.90 ISK257,212	$792.45 DKK5,041.39	-61.1%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$60.87 ISK7,694	$191.89 DKK1,220.75	+215.2%
Average			+50.5%

Reykjavik vs. Greenland - Cost of housing

Improve prices · Change currency (USD)

pay 11.1% more for childcare

	Reykjavik	Greenland
Private preschool for 1 child, monthly	$327.78 ISK41,431	$611.69 DKK3,891.47	+86.6%
Middle school for 1 child, two semesters	$30,711.08 ISK3,881,881	$10,954.91 DKK69,692.93	-64.3%
Average			+11.1%

Reykjavik vs. Greenland - Cost of childcare

Improve prices · Change currency (USD)

pay 11.1% less for entertainment and sports

	Reykjavik	Greenland
Domestic/local beer (1 pint)	$13.12 ISK1,659	$11.76 DKK74.82	-10.4%
Cappuccino in mid-range area	$6.17 ISK780	$6.46 DKK41.08	+4.6%
Pack of cigarettes Marlboro or similar	$13.94 ISK1,761	$10.39 DKK66.13	-25.4%
Monthly membership at local gym	$87.35 ISK11,041	$57.59 DKK366.38	-34.1%
Movie ticket to theater/cinema	$17.18 ISK2,172	$18.87 DKK120.02	+9.8%
Average			-11.1%

Reykjavik vs. Greenland - Cost of entertainment and sports

Improve prices · Change currency (USD)

pay 3.2% less for clothing

	Reykjavik	Greenland
Regular jeans Levi's brand	$145.10 ISK18,340	$173.87 DKK1,106.13	+19.8%
Regular dress from H&M or similar store	$63.97 ISK8,086	$54.77 DKK348.46	-14.4%
Running shoes Nike or Adidas	$193.43 ISK24,449	$169.02 DKK1,075.26	-12.6%
Men's business shoes (leather)	$248.79 ISK31,447	$234.75 DKK1,493.42	-5.6%
Average			-3.2%

Reykjavik vs. Greenland - 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

More cost comparisons

Reykjavik vs.

Prague

Reykjavik vs.

Madrid

Reykjavik vs.

Manila

Reykjavik vs.

Bangkok

Reykjavik vs.

Kiev

Reykjavik vs.

Dublin

Reykjavik vs.

Nairobi

Reykjavik vs.

Ottawa

Share this

Compare countries by overall cost of living

See the cost of living in Iceland vs. Greenland. This provides a comparison of the average cost of living from cities within Iceland and Greenland.

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

Add prices for Reykjavik

Add prices for Greenland

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Greenland or Reykjavik. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.