Cost of living comparison
compared to
Montego Bay vs. Reykjavik Cost of Living Summary
Montego Bay is 50.0% cheaper than Reykjavik.
- Restaurants
-
pay 67.7% less in Montego Bay
- Groceries
-
pay 23.2% less in Montego Bay
- Transportation
-
pay 24.6% less in Montego Bay
- Housing
-
pay 24.6% less in Montego Bay
- Childcare
-
pay 89.0% less in Montego Bay
- Entertainment and Sports
-
pay 49.7% less in Montego Bay
- Clothing
-
pay 71.1% less in Montego Bay
Expenses including childcare, clothing, restaurants, entertainment and sports, transportation, and housing are lower in Montego Bay.
Montego Bay vs. Reykjavik Cost Breakdown
If you lived in Montego Bay instead of Reykjavik, you would:
pay 67.7% less for restaurants
|
Reykjavik
|
Montego Bay
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$27.48
ISK3,517
|
$7.50
JMD1,200.74
|
|
|
Fast food combo meal
McDonalds, or similar
|
$22.76
ISK2,913
|
$8.13
JMD1,300.80
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.34
ISK427
|
$1.28
JMD205.58
|
|
| Bottle of water (11 fl. oz) |
$2.70
ISK345
|
$0.75
JMD119.69
|
|
Reykjavik vs. Montego Bay - Cost of restaurants
pay 23.2% less for groceries
|
Reykjavik
|
Montego Bay
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.63
ISK593
|
$2.68
JMD428.39
|
|
| Local cheese (8 oz) |
$9.44
ISK1,208
|
$5.66
JMD906.25
|
|
| Milk (1 gallon) |
$7.63
ISK976
|
$9.61
JMD1,537.83
|
|
|
Eggs
1 dozen
|
$6.50
ISK832
|
$3.51
JMD562.35
|
|
| Boneless chicken breast (1 lb) |
$11.29
ISK1,445
|
$2.84
JMD453.87
|
|
| Apples (1 lb) |
$1.59
ISK204
|
$1.88
JMD300.19
|
|
| Bananas (1 lb) |
$1.17
ISK150
|
$1.13
JMD181.55
|
|
| Oranges (1 lb) |
$1.49
ISK190
|
$1.91
JMD305.55
|
|
| Tomatoes (1 lb) |
$2.54
ISK325
|
$1.13
JMD181.55
|
|
| Potatoes (1 lb) |
$1.70
ISK217
|
$0.93
JMD149.40
|
|
| Onions (1 lb) |
$1.13
ISK145
|
$0.89
JMD142.80
|
|
Reykjavik vs. Montego Bay - Cost of groceries
pay 24.6% less for transportation
|
Reykjavik
|
Montego Bay
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$9.66
ISK1,236
|
$4.78
JMD764.43
|
|
| Monthly public transit pass |
$88.58
ISK11,337
|
?? | |
| New Volkswagen Golf 1.4 (standard edition) |
$50,771.00
ISK6,497,672
|
$42,823.81
JMD6,854,238.36
|
|
| Taxi trip in downtown area (5 miles) |
$28.07
ISK3,592
|
$25.94
JMD4,152.57
|
|
Reykjavik vs. Montego Bay - Cost of transportation
pay 24.6% less for housing
|
Reykjavik
|
Montego Bay
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$81.97
ISK10,490
|
$47.61
JMD7,620.46
|
|
| 1-Bedroom apartment in downtown area |
$2,259.48
ISK289,169
|
$260.49
JMD41,692.45
|
|
| 1-Bedroom apartment outside city center |
$2,034.90
ISK260,427
|
$556.29
JMD89,038.16
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$60.87
ISK7,791
|
$124.70
JMD19,958.42
|
|
Reykjavik vs. Montego Bay - Cost of housing
pay 89.0% less for childcare
|
Reykjavik
|
Montego Bay
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$327.78
ISK41,949
|
$52.10
JMD8,338.49
|
|
| Middle school for 1 child, two semesters |
$30,711.08
ISK3,930,404
|
$1,875.50
JMD300,185.62
|
|
Reykjavik vs. Montego Bay - Cost of childcare
pay 49.7% less for entertainment and sports
|
Reykjavik
|
Montego Bay
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$13.12
ISK1,680
|
$2.50
JMD400.25
|
|
| Cappuccino in mid-range area |
$6.17
ISK790
|
$4.55
JMD729.02
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.94
ISK1,783
|
$8.75
JMD1,400.87
|
|
| Monthly membership at local gym |
$87.35
ISK11,179
|
$40.64
JMD6,504.02
|
|
| Movie ticket to theater/cinema |
$17.18
ISK2,199
|
$8.44
JMD1,350.84
|
|
Reykjavik vs. Montego Bay - Cost of entertainment and sports
pay 71.1% less for clothing
|
Reykjavik
|
Montego Bay
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$145.10
ISK18,569
|
$23.44
JMD3,752.32
|
|
|
Regular dress
from H&M or similar store
|
$63.97
ISK8,187
|
$21.88
JMD3,502.17
|
|
|
Running shoes
Nike or Adidas
|
$193.43
ISK24,755
|
$66.68
JMD10,673.27
|
|
| Men's business shoes (leather) |
$248.79
ISK31,840
|
$76.06
JMD12,174.19
|
|
Reykjavik vs. Montego Bay - Cost of clothing
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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