Cost of living comparison

compared to

Lawrenceville vs. Reykjavik Cost of Living Summary

Lawrenceville is 13.8% cheaper than Reykjavik.

Restaurants
pay 37.4% less in Lawrenceville
Groceries
pay 27.2% less in Lawrenceville
Transportation
pay 60.7% less in Lawrenceville
Housing
pay 2.7% less in Lawrenceville
Childcare
pay 2.2 times more in Lawrenceville
Entertainment and Sports
pay 30.7% less in Lawrenceville
Clothing
pay 56.1% less in Lawrenceville

Expenses including transportation, clothing, restaurants, entertainment and sports, groceries, and housing are lower in Lawrenceville. Notably, childcare is significantly more expensive in Lawrenceville.

Lawrenceville vs. Reykjavik Cost Breakdown

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

pay 37.4% less for restaurants

 
Reykjavik
Lawrenceville
Basic meal with drink at inexpensive restaurant $27.48
ISK3,473
$18.00
 
Fast food combo meal
McDonalds, or similar
$22.76
ISK2,877
$8.81
 
Bottle of Coca-Cola (11 fl. oz) $3.34
ISK422
$2.36
 

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pay 27.2% less for groceries

 
Reykjavik
Lawrenceville
Bread
1 loaf
$4.63
ISK586
$3.34
 
Local cheese (8 oz) $9.44
ISK1,193
$4.41
 
Milk (1 gallon) $7.63
ISK964
$3.16
 

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pay 60.7% less for transportation

 
Reykjavik
Lawrenceville
Gasoline (1 gallon) $9.66
ISK1,221
$2.94
 
Monthly public transit pass $88.58
ISK11,197
??
New Volkswagen Golf 1.4 (standard edition) $50,771.00
ISK6,417,454
$16,000.00
 

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pay 2.7% less for housing

 
Reykjavik
Lawrenceville
Internet connection
50 mbps or faster, cable/dsl
$81.97
ISK10,361
$54.28
 
1-Bedroom apartment in downtown area $2,259.48
ISK285,599
$1,560.00
 
1-Bedroom apartment outside city center $2,034.90
ISK257,212
$1,183.33
 

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pay 2.2 times more for childcare

 
Reykjavik
Lawrenceville
Private preschool for 1 child, monthly $327.78
ISK41,431
$1,233.33
 
Middle school for 1 child, two semesters $30,711.08
ISK3,881,881
$18,342.00
 

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pay 30.7% less for entertainment and sports

 
Reykjavik
Lawrenceville
Domestic/local beer (1 pint) $13.12
ISK1,659
$6.00
 
Cappuccino in mid-range area $6.17
ISK780
$4.74
 
Pack of cigarettes
Marlboro or similar
$13.94
ISK1,761
$7.23
 

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pay 56.1% less for clothing

 
Reykjavik
Lawrenceville
Regular jeans
Levi's brand
$145.10
ISK18,340
$38.00
 
Regular dress
from H&M or similar store
$63.97
ISK8,086
$41.67
 
Running shoes
Nike or Adidas
$193.43
ISK24,449
$82.50
 

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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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