Cost of living comparison

compared to

Hafnarfjorour vs. Reykjavik Cost of Living Summary

Hafnarfjorour is 13.5% cheaper than Reykjavik.

Restaurants: pay 27.2% less in Hafnarfjorour
Groceries: pay 10.7% less in Hafnarfjorour
Transportation: pay 2.5% less in Hafnarfjorour
Housing: pay 0.9% less in Hafnarfjorour
Entertainment and Sports: pay 13.6% less in Hafnarfjorour
Clothing: pay 25.8% less in Hafnarfjorour

Expenses including restaurants, clothing, entertainment and sports, groceries, transportation, and housing are lower in Hafnarfjorour.

Hafnarfjorour vs. Reykjavik Cost Breakdown

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

Display currency: USD

pay 27.2% less for restaurants

	Reykjavik	Hafnarfjorour
Basic meal with drink at inexpensive restaurant	$27.48 ISK3,517	$27.48 ISK3,517
Fast food combo meal McDonalds, or similar	$22.76 ISK2,913	$16.56 ISK2,119	-27.2%
Bottle of Coca-Cola (11 fl. oz)	$3.34 ISK427	$3.34 ISK427
Bottle of water (11 fl. oz)	$2.70 ISK345	$2.70 ISK345
Average			-27.2%

Reykjavik vs. Hafnarfjorour - Cost of restaurants

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pay 10.7% less for groceries

	Reykjavik	Hafnarfjorour
Bread 1 loaf	$4.63 ISK593	$4.63 ISK593
Local cheese (8 oz)	$9.44 ISK1,208	$9.44 ISK1,208
Milk (1 gallon)	$7.63 ISK976	$6.40 ISK819	-16.2%
Eggs 1 dozen	$6.50 ISK832	$6.50 ISK832
Boneless chicken breast (1 lb)	$11.29 ISK1,445	$11.29 ISK1,445
Apples (1 lb)	$1.59 ISK204	$1.59 ISK204
Bananas (1 lb)	$1.17 ISK150	$1.11 ISK142	-5.2%
Oranges (1 lb)	$1.49 ISK190	$1.49 ISK190
Tomatoes (1 lb)	$2.54 ISK325	$2.54 ISK325
Potatoes (1 lb)	$1.70 ISK217	$1.70 ISK217
Onions (1 lb)	$1.13 ISK145	$1.13 ISK145
Average			-10.7%

Reykjavik vs. Hafnarfjorour - Cost of groceries

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pay 2.5% less for transportation

	Reykjavik	Hafnarfjorour
Gasoline (1 gallon)	$9.66 ISK1,236	$9.53 ISK1,220	-1.3%
Monthly public transit pass	$88.58 ISK11,337	$85.30 ISK10,917	-3.7%
New Volkswagen Golf 1.4 (standard edition)	$50,771.00 ISK6,497,672	$50,771.00 ISK6,497,672
Taxi trip in downtown area (5 miles)	$28.07 ISK3,592	$28.07 ISK3,592
Average			-2.5%

Reykjavik vs. Hafnarfjorour - Cost of transportation

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pay 0.9% less for housing

	Reykjavik	Hafnarfjorour
Internet connection 50 mbps or faster, cable/dsl	$81.97 ISK10,490	$81.97 ISK10,490
1-Bedroom apartment in downtown area	$2,259.48 ISK289,169	$2,460.63 ISK314,911	+8.9%
1-Bedroom apartment outside city center	$2,034.90 ISK260,427	$2,050.52 ISK262,426	+0.8%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$60.87 ISK7,791	$53.31 ISK6,823	-12.4%
Average			-0.9%

Reykjavik vs. Hafnarfjorour - Cost of housing

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pay (unknown) more for childcare

	Reykjavik	Hafnarfjorour
Private preschool for 1 child, monthly	$327.78 ISK41,949	$327.78 ISK41,949
Middle school for 1 child, two semesters	$30,711.08 ISK3,930,404	$30,711.08 ISK3,930,404

Reykjavik vs. Hafnarfjorour - Cost of childcare

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pay 13.6% less for entertainment and sports

	Reykjavik	Hafnarfjorour
Domestic/local beer (1 pint)	$13.12 ISK1,680	$13.12 ISK1,680
Cappuccino in mid-range area	$6.17 ISK790	$6.17 ISK790
Pack of cigarettes Marlboro or similar	$13.94 ISK1,783	$13.94 ISK1,783
Monthly membership at local gym	$87.35 ISK11,179	$65.62 ISK8,398	-24.9%
Movie ticket to theater/cinema	$17.18 ISK2,199	$16.77 ISK2,147	-2.4%
Average			-13.6%

Reykjavik vs. Hafnarfjorour - Cost of entertainment and sports

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pay 25.8% less for clothing

	Reykjavik	Hafnarfjorour
Regular jeans Levi's brand	$145.10 ISK18,569	$123.03 ISK15,746	-15.2%
Regular dress from H&M or similar store	$63.97 ISK8,187	$63.97 ISK8,187
Running shoes Nike or Adidas	$193.43 ISK24,755	$123.03 ISK15,746	-36.4%
Men's business shoes (leather)	$248.79 ISK31,840	$248.79 ISK31,840
Average			-25.8%

Reykjavik vs. Hafnarfjorour - Cost of clothing

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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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