Cost of living comparison

compared to

Kopavogur vs. Reykjavik Cost of Living Summary

Kopavogur is 17.1% cheaper than Reykjavik.

Restaurants: pay 38.5% less in Kopavogur
Groceries: pay 8.6% less in Kopavogur
Transportation: pay 9.2% less in Kopavogur
Entertainment and Sports: pay 13.2% less in Kopavogur
Clothing: pay 15.9% less in Kopavogur

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

Kopavogur vs. Reykjavik Cost Breakdown

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

Display currency: USD

pay 38.5% less for restaurants

	Reykjavik	Kopavogur
Basic meal with drink at inexpensive restaurant	$27.48 ISK3,470	$27.48 ISK3,470
Fast food combo meal McDonalds, or similar	$22.76 ISK2,875	$22.76 ISK2,875
Bottle of Coca-Cola (11 fl. oz)	$3.34 ISK421	$2.05 ISK259	-38.5%
Bottle of water (11 fl. oz)	$2.70 ISK341	$2.70 ISK341
Average			-38.5%

Reykjavik vs. Kopavogur - Cost of restaurants

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pay 8.6% less for groceries

	Reykjavik	Kopavogur
Bread 1 loaf	$4.63 ISK585	$4.51 ISK570	-2.7%
Local cheese (8 oz)	$9.44 ISK1,192	$9.44 ISK1,192
Milk (1 gallon)	$7.63 ISK964	$6.52 ISK823	-14.5%
Eggs 1 dozen	$6.50 ISK821	$6.50 ISK821
Boneless chicken breast (1 lb)	$11.29 ISK1,426	$11.29 ISK1,426
Apples (1 lb)	$1.59 ISK201	$1.59 ISK201
Bananas (1 lb)	$1.17 ISK148	$1.17 ISK148
Oranges (1 lb)	$1.49 ISK188	$1.49 ISK188
Tomatoes (1 lb)	$2.54 ISK320	$2.54 ISK320
Potatoes (1 lb)	$1.70 ISK214	$1.70 ISK214
Onions (1 lb)	$1.13 ISK143	$1.13 ISK143
Average			-8.6%

Reykjavik vs. Kopavogur - Cost of groceries

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pay 9.2% less for transportation

	Reykjavik	Kopavogur
Gasoline (1 gallon)	$9.66 ISK1,220	$9.66 ISK1,220
Monthly public transit pass	$88.58 ISK11,188	$73.82 ISK9,323	-16.7%
New Volkswagen Golf 1.4 (standard edition)	$50,771.00 ISK6M	$50,771.00 ISK6M
Taxi trip in downtown area (5 miles)	$28.07 ISK3,545	$27.58 ISK3,483	-1.8%
Average			-9.2%

Reykjavik vs. Kopavogur - Cost of transportation

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pay (unknown) more for housing

	Reykjavik	Kopavogur
Internet connection 50 mbps or faster, cable/dsl	$81.97 ISK10,353	$81.97 ISK10,353
1-Bedroom apartment in downtown area	$2,259.48 ISK285K	??
1-Bedroom apartment outside city center	$2,034.90 ISK257K	??
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$60.87 ISK7,688	$60.87 ISK7,688

Reykjavik vs. Kopavogur - Cost of housing

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pay (unknown) more for childcare

	Reykjavik	Kopavogur
Private preschool for 1 child, monthly	$327.78 ISK41,399	$327.78 ISK41,399
Middle school for 1 child, two semesters	$30,711.08 ISK4M	$30,711.08 ISK4M

Reykjavik vs. Kopavogur - Cost of childcare

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pay 13.2% less for entertainment and sports

	Reykjavik	Kopavogur
Domestic/local beer (1 pint)	$13.12 ISK1,657	$10.66 ISK1,347	-18.8%
Cappuccino in mid-range area	$6.17 ISK780	$6.17 ISK780
Pack of cigarettes Marlboro or similar	$13.94 ISK1,760	$13.94 ISK1,760
Monthly membership at local gym	$87.35 ISK11,033	$70.95 ISK8,961	-18.8%
Movie ticket to theater/cinema	$17.18 ISK2,170	$16.81 ISK2,124	-2.1%
Average			-13.2%

Reykjavik vs. Kopavogur - Cost of entertainment and sports

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pay 15.9% less for clothing

	Reykjavik	Kopavogur
Regular jeans Levi's brand	$145.10 ISK18,326	$145.10 ISK18,326
Regular dress from H&M or similar store	$63.97 ISK8,079	$53.27 ISK6,728	-16.7%
Running shoes Nike or Adidas	$193.43 ISK24,430	$164.04 ISK20,718	-15.2%
Men's business shoes (leather)	$248.79 ISK31,422	$248.79 ISK31,422
Average			-15.9%

Reykjavik vs. Kopavogur - 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: March 2026

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