Cost of living comparison
compared to
New Providence vs. Reykjavik Cost of Living Summary
New Providence is 9.2% cheaper than Reykjavik.
- Restaurants
-
pay 6.0% more in New Providence
- Groceries
-
pay 3.0% less in New Providence
- Housing
-
pay 25.7% less in New Providence
- Entertainment and Sports
-
pay 14.1% less in New Providence
Expenses including housing, entertainment and sports, and groceries are lower in New Providence.
New Providence vs. Reykjavik Cost Breakdown
If you lived in New Providence instead of Reykjavik, you would:
pay 6.0% more for restaurants
|
Reykjavik
|
New Providence
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$27.48
ISK3,338
|
$30.00
BSD30.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$22.76
ISK2,765
|
$9.75
BSD9.75
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.34
ISK405
|
$4.75
BSD4.75
|
|
| Bottle of water (11 fl. oz) |
$2.70
ISK328
|
$3.50
BSD3.50
|
|
Reykjavik vs. New Providence - Cost of restaurants
pay 3.0% less for groceries
|
Reykjavik
|
New Providence
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.63
ISK563
|
$4.69
BSD4.69
|
|
| Local cheese (8 oz) |
$9.44
ISK1,146
|
$6.76
BSD6.76
|
|
| Milk (1 gallon) |
$7.63
ISK927
|
$11.29
BSD11.29
|
|
|
Eggs
1 dozen
|
$6.50
ISK790
|
$6.50
BSD6.50
|
|
| Boneless chicken breast (1 lb) |
$11.29
ISK1,372
|
$3.75
BSD3.75
|
|
| Apples (1 lb) |
$1.59
ISK193
|
$1.34
BSD1.34
|
|
| Bananas (1 lb) |
$1.17
ISK142
|
$1.86
BSD1.86
|
|
| Oranges (1 lb) |
$1.49
ISK181
|
$2.03
BSD2.03
|
|
| Tomatoes (1 lb) |
$2.54
ISK308
|
$1.40
BSD1.40
|
|
| Potatoes (1 lb) |
$1.70
ISK206
|
$1.40
BSD1.40
|
|
| Onions (1 lb) |
$1.13
ISK137
|
$1.12
BSD1.12
|
|
Reykjavik vs. New Providence - Cost of groceries
pay (unknown) more for transportation
|
Reykjavik
|
New Providence
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$9.66
ISK1,173
|
?? | |
| Monthly public transit pass |
$88.58
ISK10,760
|
?? | |
| New Volkswagen Golf 1.4 (standard edition) |
$50,771.00
ISK6M
|
?? | |
| Taxi trip in downtown area (5 miles) |
$28.07
ISK3,409
|
?? |
Reykjavik vs. New Providence - Cost of transportation
pay 25.7% less for housing
|
Reykjavik
|
New Providence
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$81.97
ISK9,957
|
$100.00
BSD100.00
|
|
| 1-Bedroom apartment in downtown area |
$2,259.48
ISK274K
|
$1,500.00
BSD1,500.00
|
|
| 1-Bedroom apartment outside city center |
$2,034.90
ISK247K
|
$700.00
BSD700.00
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$60.87
ISK7,394
|
?? | |
Reykjavik vs. New Providence - Cost of housing
pay (unknown) more for childcare
|
Reykjavik
|
New Providence
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$327.78
ISK39,815
|
?? | |
| Middle school for 1 child, two semesters |
$30,711.08
ISK4M
|
?? |
Reykjavik vs. New Providence - Cost of childcare
pay 14.1% less for entertainment and sports
|
Reykjavik
|
New Providence
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$13.12
ISK1,594
|
$9.25
BSD9.25
|
|
| Cappuccino in mid-range area |
$6.17
ISK750
|
$6.17
BSD6.17
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.94
ISK1,693
|
$12.00
BSD12.00
|
|
| Monthly membership at local gym |
$87.35
ISK10,611
|
$75.00
BSD75.00
|
|
| Movie ticket to theater/cinema |
$17.18
ISK2,087
|
$15.00
BSD15.00
|
|
Reykjavik vs. New Providence - Cost of entertainment and sports
pay (unknown) more for clothing
|
Reykjavik
|
New Providence
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$145.10
ISK17,625
|
?? | |
|
Regular dress
from H&M or similar store
|
$63.97
ISK7,770
|
?? | |
|
Running shoes
Nike or Adidas
|
$193.43
ISK23,496
|
?? | |
| Men's business shoes (leather) |
$248.79
ISK30,221
|
?? |
Reykjavik vs. New Providence - 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: March 2026
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