Cost of living comparison

Iceland

compared to

United States

Mount Vernon vs. Reykjavik Cost of Living Summary

Mount Vernon is 29.3% cheaper than Reykjavik.

Restaurants: pay 39.4% less in Mount Vernon
Groceries: pay 16.9% less in Mount Vernon
Transportation: pay 48.0% less in Mount Vernon
Housing: pay 21.4% less in Mount Vernon
Childcare: pay 76.7% more in Mount Vernon
Entertainment and Sports: pay 34.7% less in Mount Vernon
Clothing: pay 64.0% less in Mount Vernon

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

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Mount Vernon vs. Reykjavik Cost Breakdown

If you lived in Mount Vernon instead of Reykjavik, you would:

Display currency: USD

pay 39.4% less for restaurants

	Reykjavik	Mount Vernon
Basic meal with drink at inexpensive restaurant	$31.06 ISK3,813	$22.50	-27.6%
Fast food combo meal McDonalds, or similar	$26.97 ISK3,312	$13.00	-51.8%
Bottle of Coca-Cola (11 fl. oz)	$3.31 ISK407	$2.25	-32.1%
Bottle of water (11 fl. oz)	$3.11 ISK381	$1.66	-46.5%
Average			-39.4%

Reykjavik vs. Mount Vernon - Cost of restaurants

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pay 16.9% less for groceries

	Reykjavik	Mount Vernon
Bread 1 loaf	$4.19 ISK515	$4.18	-0.4%
Local cheese (8 oz)	$10.93 ISK1,342	$5.51	-49.6%
Milk (1 gallon)	$7.78 ISK955	$4.04	-48.1%
Eggs 1 dozen	$7.08 ISK869	$5.47	-22.7%
Boneless chicken breast (1 lb)	$11.00 ISK1,351	$2.99	-72.8%
Apples (1 lb)	$1.50 ISK185	$2.50	+66.2%
Bananas (1 lb)	$1.27 ISK156	$1.09	-13.8%
Oranges (1 lb)	$1.46 ISK179	$2.44	+67.5%
Tomatoes (1 lb)	$2.93 ISK360	$1.99	-32.0%
Potatoes (1 lb)	$1.78 ISK218	$2.19	+23.4%
Onions (1 lb)	$0.76 ISK93	$0.89	+17.7%
Average			-16.9%

Reykjavik vs. Mount Vernon - Cost of groceries

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pay 48.0% less for transportation

	Reykjavik	Mount Vernon
Gasoline (1 gallon)	$7.76 ISK953	$4.37	-43.8%
Monthly public transit pass	$94.80 ISK11,641	$30.00	-68.4%
New Volkswagen Golf 1.4 (standard edition)	$50,588.43 ISK6M	$36,318.00	-28.2%
Taxi trip in downtown area (5 miles)	$29.26 ISK3,593	??
Average			-48.0%

Reykjavik vs. Mount Vernon - Cost of transportation

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pay 21.4% less for housing

	Reykjavik	Mount Vernon
Internet connection 50 mbps or faster, cable/dsl	$86.01 ISK10,561	$65.00	-24.4%
1-Bedroom apartment in downtown area	$2,522.88 ISK310K	$1,516.67	-39.9%
1-Bedroom apartment outside city center	$2,032.25 ISK250K	$1,600.00	-21.3%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$73.44 ISK9,018	$119.29	+62.4%
Average			-21.4%

Reykjavik vs. Mount Vernon - Cost of housing

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pay 76.7% more for childcare

	Reykjavik	Mount Vernon
Private preschool for 1 child, monthly	$1,185.23 ISK146K	$1,950.67	+64.6%
Middle school for 1 child, two semesters	$25,853.51 ISK3M	$49,065.00	+89.8%
Average			+76.7%

Reykjavik vs. Mount Vernon - Cost of childcare

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pay 34.7% less for entertainment and sports

	Reykjavik	Mount Vernon
Domestic/local beer (1 pint)	$13.89 ISK1,706	$7.00	-49.6%
Cappuccino in mid-range area	$6.74 ISK828	$5.94	-11.9%
Pack of cigarettes Marlboro or similar	$13.89 ISK1,706	$6.00	-56.8%
Monthly membership at local gym	$100.25 ISK12,310	$70.72	-29.5%
Movie ticket to theater/cinema	$19.57 ISK2,403	$13.50	-31.1%
Average			-34.7%

Reykjavik vs. Mount Vernon - Cost of entertainment and sports

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pay 64.0% less for clothing

	Reykjavik	Mount Vernon
Regular jeans Levi's brand	$149.01 ISK18,297	$40.00	-73.2%
Regular dress from H&M or similar store	$65.79 ISK8,078	$30.00	-54.4%
Running shoes Nike or Adidas	$181.84 ISK22,328	$79.00	-56.6%
Men's business shoes (leather)	$248.81 ISK30,551	$79.00	-68.2%
Average			-64.0%

Reykjavik vs. Mount Vernon - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated November 2026). How we calculate this

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