Cost of living comparison

compared to

Modena vs. Reykjavik Cost of Living Summary

Modena is 20.0% cheaper than Reykjavik.

Restaurants
pay 30.2% less in Modena
Groceries
pay 19.7% less in Modena
Transportation
pay 38.4% less in Modena
Housing
pay 12.1% more in Modena
Childcare
pay 19.5% more in Modena
Entertainment and Sports
pay 44.3% less in Modena
Clothing
pay 39.0% less in Modena

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

Modena vs. Reykjavik Cost Breakdown

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

pay 30.2% less for restaurants

 
Reykjavik
Modena
Basic meal with drink at inexpensive restaurant $27.48
ISK3,473
$23.36
€19.90
Fast food combo meal
McDonalds, or similar
$22.76
ISK2,877
$11.97
€10.20
Bottle of Coca-Cola (11 fl. oz) $3.34
ISK422
$3.05
€2.60

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pay 19.7% less for groceries

 
Reykjavik
Modena
Bread
1 loaf
$4.63
ISK586
$2.85
€2.43
Local cheese (8 oz) $9.44
ISK1,193
$9.46
€8.06
Milk (1 gallon) $7.63
ISK964
$5.39
€4.59

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pay 38.4% less for transportation

 
Reykjavik
Modena
Gasoline (1 gallon) $9.66
ISK1,221
$7.91
€6.74
Monthly public transit pass $88.58
ISK11,197
$37.38
€31.84
New Volkswagen Golf 1.4 (standard edition) $50,771.00
ISK6,417,454
$28,031.75
€23,883.22

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pay 12.1% more for housing

 
Reykjavik
Modena
Internet connection
50 mbps or faster, cable/dsl
$81.97
ISK10,361
$32.35
€27.56
1-Bedroom apartment in downtown area $2,259.48
ISK285,599
$871.50
€742.52
1-Bedroom apartment outside city center $2,034.90
ISK257,212
$687.17
€585.47

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pay 19.5% more for childcare

 
Reykjavik
Modena
Private preschool for 1 child, monthly $327.78
ISK41,431
$661.86
€563.91
Middle school for 1 child, two semesters $30,711.08
ISK3,881,881
$11,387.90
€9,702.56

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pay 44.3% less for entertainment and sports

 
Reykjavik
Modena
Domestic/local beer (1 pint) $13.12
ISK1,659
$5.84
€4.98
Cappuccino in mid-range area $6.17
ISK780
$2.03
€1.73
Pack of cigarettes
Marlboro or similar
$13.94
ISK1,761
$7.01
€5.97

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pay 39.0% less for clothing

 
Reykjavik
Modena
Regular jeans
Levi's brand
$145.10
ISK18,340
$104.39
€88.94
Regular dress
from H&M or similar store
$63.97
ISK8,086
$40.88
€34.83
Running shoes
Nike or Adidas
$193.43
ISK24,449
$110.23
€93.92

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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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