Cost of living comparison
compared to
New Smyrna Beach vs. Reykjavik Cost of Living Summary
New Smyrna Beach is 31.4% cheaper than Reykjavik.
- Restaurants
-
pay 42.0% less in New Smyrna Beach
- Groceries
-
pay 16.0% less in New Smyrna Beach
- Transportation
-
pay 51.0% less in New Smyrna Beach
- Housing
-
pay 8.0% more in New Smyrna Beach
- Childcare
-
pay 23.0% less in New Smyrna Beach
- Entertainment and Sports
-
pay 44.7% less in New Smyrna Beach
- Clothing
-
pay 50.9% less in New Smyrna Beach
Expenses including transportation, clothing, entertainment and sports, restaurants, childcare, and groceries are lower in New Smyrna Beach.
New Smyrna Beach vs. Reykjavik Cost Breakdown
If you lived in New Smyrna Beach instead of Reykjavik, you would:
pay 42.0% less for restaurants
|
Reykjavik
|
New Smyrna Beach
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$27.48
ISK3,452
|
$20.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$22.76
ISK2,859
|
$10.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.34
ISK419
|
$2.27
|
|
| Bottle of water (11 fl. oz) |
$2.70
ISK339
|
$1.28
|
|
Reykjavik vs. New Smyrna Beach - Cost of restaurants
Improve prices ·
Change currency (USD)
pay 16.0% less for groceries
|
Reykjavik
|
New Smyrna Beach
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.63
ISK582
|
$3.50
|
|
| Local cheese (8 oz) |
$9.44
ISK1,186
|
$5.94
|
|
| Milk (1 gallon) |
$7.63
ISK959
|
$3.87
|
|
|
Eggs
1 dozen
|
$6.50
ISK817
|
$4.44
|
|
| Boneless chicken breast (1 lb) |
$11.29
ISK1,419
|
$4.35
|
|
| Apples (1 lb) |
$1.59
ISK200
|
$2.67
|
|
| Bananas (1 lb) |
$1.17
ISK147
|
$0.70
|
|
| Oranges (1 lb) |
$1.49
ISK187
|
$2.07
|
|
| Tomatoes (1 lb) |
$2.54
ISK319
|
$2.33
|
|
| Potatoes (1 lb) |
$1.70
ISK213
|
$1.13
|
|
| Onions (1 lb) |
$1.13
ISK142
|
$1.16
|
|
Reykjavik vs. New Smyrna Beach - Cost of groceries
Improve prices ·
Change currency (USD)
pay 51.0% less for transportation
|
Reykjavik
|
New Smyrna Beach
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$9.66
ISK1,214
|
$3.15
|
|
| Monthly public transit pass |
$88.58
ISK11,129
|
?? | |
| New Volkswagen Golf 1.4 (standard edition) |
$50,771.00
ISK6,378,360
|
$27,000.00
|
|
| Taxi trip in downtown area (5 miles) |
$28.07
ISK3,526
|
$17.18
|
|
Reykjavik vs. New Smyrna Beach - Cost of transportation
Improve prices ·
Change currency (USD)
pay 8.0% more for housing
|
Reykjavik
|
New Smyrna Beach
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$81.97
ISK10,298
|
$70.62
|
|
| 1-Bedroom apartment in downtown area |
$2,259.48
ISK283,859
|
$1,600.00
|
|
| 1-Bedroom apartment outside city center |
$2,034.90
ISK255,645
|
$1,550.00
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$60.87
ISK7,648
|
$121.08
|
|
Reykjavik vs. New Smyrna Beach - Cost of housing
Improve prices ·
Change currency (USD)
pay 23.0% less for childcare
|
Reykjavik
|
New Smyrna Beach
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$327.78
ISK41,179
|
$427.78
|
|
| Middle school for 1 child, two semesters |
$30,711.08
ISK3,858,233
|
$7,200.00
|
|
Reykjavik vs. New Smyrna Beach - Cost of childcare
Improve prices ·
Change currency (USD)
pay 44.7% less for entertainment and sports
|
Reykjavik
|
New Smyrna Beach
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$13.12
ISK1,649
|
$4.50
|
|
| Cappuccino in mid-range area |
$6.17
ISK776
|
$5.88
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.94
ISK1,751
|
$7.40
|
|
| Monthly membership at local gym |
$87.35
ISK10,974
|
$25.00
|
|
| Movie ticket to theater/cinema |
$17.18
ISK2,159
|
$11.25
|
|
Reykjavik vs. New Smyrna Beach - Cost of entertainment and sports
Improve prices ·
Change currency (USD)
pay 50.9% less for clothing
|
Reykjavik
|
New Smyrna Beach
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$145.10
ISK18,228
|
$47.50
|
|
|
Regular dress
from H&M or similar store
|
$63.97
ISK8,036
|
$51.67
|
|
|
Running shoes
Nike or Adidas
|
$193.43
ISK24,301
|
$82.00
|
|
| Men's business shoes (leather) |
$248.79
ISK31,256
|
$101.25
|
|
Reykjavik vs. New Smyrna Beach - Cost of clothing
Improve prices ·
Change currency (USD)
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
Change currency:
Compare countries by overall cost of living
See the
cost of living in Iceland vs. United States.
This provides a comparison of the average cost of living from cities within Iceland and United States.
Help us improve these prices
MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate.
Learn more
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about New Smyrna Beach or Reykjavik. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.