Cost of living comparison

compared to

Ireland vs. Reykjavik Cost of Living Summary

Ireland is 5.0% cheaper than Reykjavik.

Restaurants
pay 34.0% less in Ireland
Groceries
pay 33.8% less in Ireland
Transportation
pay 5.4% less in Ireland
Housing
pay 22.3% more in Ireland
Childcare
pay 80.5% more in Ireland
Entertainment and Sports
pay 18.3% less in Ireland
Clothing
pay 46.4% less in Ireland

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

Ireland vs. Reykjavik Cost Breakdown

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

pay 34.0% less for restaurants

 
Reykjavik
Ireland
Basic meal with drink at inexpensive restaurant $27.48
ISK3,452
$19.70
€16.83
Fast food combo meal
McDonalds, or similar
$22.76
ISK2,859
$11.31
€9.66
Bottle of Coca-Cola (11 fl. oz) $3.34
ISK419
$2.39
€2.04

Improve prices ·

pay 33.8% less for groceries

 
Reykjavik
Ireland
Bread
1 loaf
$4.63
ISK582
$2.04
€1.74
Local cheese (8 oz) $9.44
ISK1,186
$5.16
€4.40
Milk (1 gallon) $7.63
ISK959
$5.89
€5.03

Improve prices ·

pay 5.4% less for transportation

 
Reykjavik
Ireland
Gasoline (1 gallon) $9.66
ISK1,214
$7.75
€6.62
Monthly public transit pass $88.58
ISK11,129
$121.81
€104.01
New Volkswagen Golf 1.4 (standard edition) $50,771.00
ISK6,378,360
$41,319.33
€35,281.01

Improve prices ·

pay 22.3% more for housing

 
Reykjavik
Ireland
Internet connection
50 mbps or faster, cable/dsl
$81.97
ISK10,298
$51.47
€43.95
1-Bedroom apartment in downtown area $2,259.48
ISK283,859
$1,543.12
€1,317.62
1-Bedroom apartment outside city center $2,034.90
ISK255,645
$1,305.59
€1,114.80

Improve prices ·

pay 80.5% more for childcare

 
Reykjavik
Ireland
Private preschool for 1 child, monthly $327.78
ISK41,179
$1,108.91
€946.86
Middle school for 1 child, two semesters $30,711.08
ISK3,858,233
$6,959.78
€5,942.69

Improve prices ·

pay 18.3% less for entertainment and sports

 
Reykjavik
Ireland
Domestic/local beer (1 pint) $13.12
ISK1,649
$6.63
€5.66
Cappuccino in mid-range area $6.17
ISK776
$4.32
€3.69
Pack of cigarettes
Marlboro or similar
$13.94
ISK1,751
$19.16
€16.36

Improve prices ·

pay 46.4% less for clothing

 
Reykjavik
Ireland
Regular jeans
Levi's brand
$145.10
ISK18,228
$89.93
€76.78
Regular dress
from H&M or similar store
$63.97
ISK8,036
$41.06
€35.06
Running shoes
Nike or Adidas
$193.43
ISK24,301
$96.01
€81.98

Improve prices ·
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
Share this

Compare countries by overall cost of living

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

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 Ireland or Reykjavik. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.