Cost of living comparison

compared to

Jeffersonville vs. Reykjavik Cost of Living Summary

Jeffersonville is 12.5% cheaper than Reykjavik.

Restaurants
pay 46.5% less in Jeffersonville
Groceries
pay 14.5% less in Jeffersonville
Transportation
pay 58.7% less in Jeffersonville
Housing
pay 4.1% more in Jeffersonville
Childcare
pay 2.3 times more in Jeffersonville
Entertainment and Sports
pay 39.7% less in Jeffersonville
Clothing
pay 58.9% less in Jeffersonville

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

Jeffersonville vs. Reykjavik Cost Breakdown

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

pay 46.5% less for restaurants

 
Reykjavik
Jeffersonville
Basic meal with drink at inexpensive restaurant $27.48
ISK3,452
$13.00
 
Fast food combo meal
McDonalds, or similar
$22.76
ISK2,859
$11.25
 
Bottle of Coca-Cola (11 fl. oz) $3.34
ISK419
$1.85
 

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pay 14.5% less for groceries

 
Reykjavik
Jeffersonville
Bread
1 loaf
$4.63
ISK582
$3.12
 
Local cheese (8 oz) $9.44
ISK1,186
$6.15
 
Milk (1 gallon) $7.63
ISK959
$3.06
 

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pay 58.7% less for transportation

 
Reykjavik
Jeffersonville
Gasoline (1 gallon) $9.66
ISK1,214
$2.84
 
Monthly public transit pass $88.58
ISK11,129
??
New Volkswagen Golf 1.4 (standard edition) $50,771.00
ISK6,378,360
$27,000.00
 

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pay 4.1% more for housing

 
Reykjavik
Jeffersonville
Internet connection
50 mbps or faster, cable/dsl
$81.97
ISK10,298
$53.33
 
1-Bedroom apartment in downtown area $2,259.48
ISK283,859
$900.00
 
1-Bedroom apartment outside city center $2,034.90
ISK255,645
$916.67
 

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pay 2.3 times more for childcare

 
Reykjavik
Jeffersonville
Private preschool for 1 child, monthly $327.78
ISK41,179
$742.50
 
Middle school for 1 child, two semesters $30,711.08
ISK3,858,233
??

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pay 39.7% less for entertainment and sports

 
Reykjavik
Jeffersonville
Domestic/local beer (1 pint) $13.12
ISK1,649
$5.00
 
Cappuccino in mid-range area $6.17
ISK776
$5.67
 
Pack of cigarettes
Marlboro or similar
$13.94
ISK1,751
$8.99
 

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pay 58.9% less for clothing

 
Reykjavik
Jeffersonville
Regular jeans
Levi's brand
$145.10
ISK18,228
$40.00
 
Regular dress
from H&M or similar store
$63.97
ISK8,036
$20.00
 
Running shoes
Nike or Adidas
$193.43
ISK24,301
$80.00
 

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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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