Cost of living comparison

compared to

Las Vegas vs. Reykjavik Cost of Living Summary

Las Vegas is 7.3% cheaper than Reykjavik.

Restaurants: pay 22.9% less in Las Vegas
Groceries: pay 25.8% less in Las Vegas
Transportation: pay 38.9% less in Las Vegas
Housing: pay 35.8% more in Las Vegas
Childcare: pay 95.0% more in Las Vegas
Entertainment and Sports: pay 37.6% less in Las Vegas
Clothing: pay 56.8% less in Las Vegas

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

Las Vegas vs. Reykjavik Cost Breakdown

If you lived in Las Vegas instead of Reykjavik, you would:

Display currency: USD

pay 22.9% less for restaurants

	Reykjavik	Las Vegas
Basic meal with drink at inexpensive restaurant	$27.48 ISK3,517	$24.00	-12.7%
Fast food combo meal McDonalds, or similar	$22.76 ISK2,913	$12.00	-47.3%
Bottle of Coca-Cola (11 fl. oz)	$3.34 ISK427	$2.88	-13.5%
Bottle of water (11 fl. oz)	$2.70 ISK345	$2.21	-18.2%
Average			-22.9%

Reykjavik vs. Las Vegas - Cost of restaurants

Improve prices · Change currency (USD)

pay 25.8% less for groceries

	Reykjavik	Las Vegas
Bread 1 loaf	$4.63 ISK593	$3.97	-14.4%
Local cheese (8 oz)	$9.44 ISK1,208	$6.13	-35.1%
Milk (1 gallon)	$7.63 ISK976	$3.66	-52.1%
Eggs 1 dozen	$6.50 ISK832	$4.39	-32.5%
Boneless chicken breast (1 lb)	$11.29 ISK1,445	$4.36	-61.4%
Apples (1 lb)	$1.59 ISK204	$1.91	+19.9%
Bananas (1 lb)	$1.17 ISK150	$0.70	-40.3%
Oranges (1 lb)	$1.49 ISK190	$1.59	+7.1%
Tomatoes (1 lb)	$2.54 ISK325	$1.69	-33.5%
Potatoes (1 lb)	$1.70 ISK217	$1.02	-39.6%
Onions (1 lb)	$1.13 ISK145	$1.11	-1.5%
Average			-25.8%

Reykjavik vs. Las Vegas - Cost of groceries

Improve prices · Change currency (USD)

pay 38.9% less for transportation

	Reykjavik	Las Vegas
Gasoline (1 gallon)	$9.66 ISK1,236	$3.79	-60.8%
Monthly public transit pass	$88.58 ISK11,337	$64.00	-27.8%
New Volkswagen Golf 1.4 (standard edition)	$50,771.00 ISK6,497,672	$36,457.52	-28.2%
Taxi trip in downtown area (5 miles)	$28.07 ISK3,592	$17.22	-38.6%
Average			-38.9%

Reykjavik vs. Las Vegas - Cost of transportation

Improve prices · Change currency (USD)

pay 35.8% more for housing

	Reykjavik	Las Vegas
Internet connection 50 mbps or faster, cable/dsl	$81.97 ISK10,490	$75.63	-7.7%
1-Bedroom apartment in downtown area	$2,259.48 ISK289,169	$1,618.96	-28.3%
1-Bedroom apartment outside city center	$2,034.90 ISK260,427	$1,406.65	-30.9%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$60.87 ISK7,791	$188.62	+209.9%
Average			+35.8%

Reykjavik vs. Las Vegas - Cost of housing

Improve prices · Change currency (USD)

pay 95.0% more for childcare

	Reykjavik	Las Vegas
Private preschool for 1 child, monthly	$327.78 ISK41,949	$1,179.50	+259.8%
Middle school for 1 child, two semesters	$30,711.08 ISK3,930,404	$9,250.00	-69.9%
Average			+95.0%

Reykjavik vs. Las Vegas - Cost of childcare

Improve prices · Change currency (USD)

pay 37.6% less for entertainment and sports

	Reykjavik	Las Vegas
Domestic/local beer (1 pint)	$13.12 ISK1,680	$6.00	-54.3%
Cappuccino in mid-range area	$6.17 ISK790	$5.71	-7.5%
Pack of cigarettes Marlboro or similar	$13.94 ISK1,783	$9.00	-35.4%
Monthly membership at local gym	$87.35 ISK11,179	$24.38	-72.1%
Movie ticket to theater/cinema	$17.18 ISK2,199	$14.00	-18.5%
Average			-37.6%

Reykjavik vs. Las Vegas - Cost of entertainment and sports

Improve prices · Change currency (USD)

pay 56.8% less for clothing

	Reykjavik	Las Vegas
Regular jeans Levi's brand	$145.10 ISK18,569	$42.89	-70.4%
Regular dress from H&M or similar store	$63.97 ISK8,187	$39.46	-38.3%
Running shoes Nike or Adidas	$193.43 ISK24,755	$86.09	-55.5%
Men's business shoes (leather)	$248.79 ISK31,840	$92.18	-63.0%
Average			-56.8%

Reykjavik vs. Las Vegas - 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.

Ankara

Reykjavik vs.

Beijing

Reykjavik vs.

Quito

Reykjavik vs.

Manila

Reykjavik vs.

Prague

Reykjavik vs.

Hong Kong

Reykjavik vs.

Dodoma

Reykjavik vs.

Canberra

Share this

Compare countries by overall cost of living

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

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 Las Vegas

ASK THE ELSEWHERE COMMUNITY

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