Cost of living comparison

compared to

Los Angeles vs. Reykjavik Cost of Living Summary

Los Angeles is 19.4% more expensive than Reykjavik.

Restaurants: pay 20.8% less in Los Angeles
Groceries: pay 0.7% less in Los Angeles
Transportation: pay 29.1% less in Los Angeles
Housing: pay 38.9% more in Los Angeles
Childcare: pay 3.1 times more in Los Angeles
Entertainment and Sports: pay 20.8% less in Los Angeles
Clothing: pay 44.2% less in Los Angeles

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

Los Angeles vs. Reykjavik Cost Breakdown

If you lived in Los Angeles instead of Reykjavik, you would:

Display currency: USD

pay 20.8% less for restaurants

	Reykjavik	Los Angeles
Basic meal with drink at inexpensive restaurant	$27.48 ISK3,517	$25.00	-9.0%
Fast food combo meal McDonalds, or similar	$22.76 ISK2,913	$13.00	-42.9%
Bottle of Coca-Cola (11 fl. oz)	$3.34 ISK427	$2.83	-15.2%
Bottle of water (11 fl. oz)	$2.70 ISK345	$2.26	-16.1%
Average			-20.8%

Reykjavik vs. Los Angeles - Cost of restaurants

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pay 0.7% less for groceries

	Reykjavik	Los Angeles
Bread 1 loaf	$4.63 ISK593	$4.52	-2.6%
Local cheese (8 oz)	$9.44 ISK1,208	$6.67	-29.3%
Milk (1 gallon)	$7.63 ISK976	$4.71	-38.3%
Eggs 1 dozen	$6.50 ISK832	$7.43	+14.2%
Boneless chicken breast (1 lb)	$11.29 ISK1,445	$7.55	-33.1%
Apples (1 lb)	$1.59 ISK204	$2.60	+63.6%
Bananas (1 lb)	$1.17 ISK150	$1.27	+8.4%
Oranges (1 lb)	$1.49 ISK190	$2.00	+34.3%
Tomatoes (1 lb)	$2.54 ISK325	$2.17	-14.6%
Potatoes (1 lb)	$1.70 ISK217	$1.38	-18.7%
Onions (1 lb)	$1.13 ISK145	$1.22	+8.0%
Average			-0.7%

Reykjavik vs. Los Angeles - Cost of groceries

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pay 29.1% less for transportation

	Reykjavik	Los Angeles
Gasoline (1 gallon)	$9.66 ISK1,236	$4.78	-50.5%
Monthly public transit pass	$88.58 ISK11,337	$93.48	+5.5%
New Volkswagen Golf 1.4 (standard edition)	$50,771.00 ISK6,497,672	$32,727.50	-35.5%
Taxi trip in downtown area (5 miles)	$28.07 ISK3,592	$18.01	-35.8%
Average			-29.1%

Reykjavik vs. Los Angeles - Cost of transportation

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pay 38.9% more for housing

	Reykjavik	Los Angeles
Internet connection 50 mbps or faster, cable/dsl	$81.97 ISK10,490	$74.01	-9.7%
1-Bedroom apartment in downtown area	$2,259.48 ISK289,169	$2,536.54	+12.3%
1-Bedroom apartment outside city center	$2,034.90 ISK260,427	$1,984.71	-2.5%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$60.87 ISK7,791	$155.53	+155.5%
Average			+38.9%

Reykjavik vs. Los Angeles - Cost of housing

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pay 3.1 times more for childcare

	Reykjavik	Los Angeles
Private preschool for 1 child, monthly	$327.78 ISK41,949	$1,762.50	+437.7%
Middle school for 1 child, two semesters	$30,711.08 ISK3,930,404	$27,000.00	-12.1%
Average			+212.8%

Reykjavik vs. Los Angeles - Cost of childcare

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pay 20.8% less for entertainment and sports

	Reykjavik	Los Angeles
Domestic/local beer (1 pint)	$13.12 ISK1,680	$8.00	-39.0%
Cappuccino in mid-range area	$6.17 ISK790	$5.76	-6.7%
Pack of cigarettes Marlboro or similar	$13.94 ISK1,783	$11.50	-17.5%
Monthly membership at local gym	$87.35 ISK11,179	$47.45	-45.7%
Movie ticket to theater/cinema	$17.18 ISK2,199	$18.00	+4.8%
Average			-20.8%

Reykjavik vs. Los Angeles - Cost of entertainment and sports

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pay 44.2% less for clothing

	Reykjavik	Los Angeles
Regular jeans Levi's brand	$145.10 ISK18,569	$61.25	-57.8%
Regular dress from H&M or similar store	$63.97 ISK8,187	$44.15	-31.0%
Running shoes Nike or Adidas	$193.43 ISK24,755	$100.09	-48.3%
Men's business shoes (leather)	$248.79 ISK31,840	$149.85	-39.8%
Average			-44.2%

Reykjavik vs. Los Angeles - 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: December 2025

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