Cost of living comparison

Iceland

compared to

United States

Newport Beach vs. Reykjavik Cost of Living Summary

Newport Beach is 4.0% more expensive than Reykjavik.

Restaurants: pay 28.8% less in Newport Beach
Groceries: pay 13.1% less in Newport Beach
Transportation: pay 28.0% less in Newport Beach
Housing: pay 75.4% more in Newport Beach
Childcare: pay 43.4% more in Newport Beach
Entertainment and Sports: pay 12.8% less in Newport Beach
Clothing: pay 53.3% less in Newport Beach

The cost of housing and childcare in Newport Beach are more expensive than in Reykjavik. Expenses including clothing, restaurants, transportation, groceries, and entertainment and sports are lower in Newport Beach. Notably, housing is significantly more expensive in Newport Beach.

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Newport Beach vs. Reykjavik Cost Breakdown

If you lived in Newport Beach instead of Reykjavik, you would:

Display currency: USD

pay 28.8% less for restaurants

	Reykjavik	Newport Beach
Basic meal with drink at inexpensive restaurant	$31.06 ISK3,813	$25.00	-19.5%
Fast food combo meal McDonalds, or similar	$26.97 ISK3,312	$14.88	-44.8%
Bottle of Coca-Cola (11 fl. oz)	$3.31 ISK407	$3.10	-6.5%
Bottle of water (11 fl. oz)	$3.11 ISK381	$2.38	-23.5%
Average			-28.8%

Reykjavik vs. Newport Beach - Cost of restaurants

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pay 13.1% less for groceries

	Reykjavik	Newport Beach
Bread 1 loaf	$4.19 ISK515	$5.75	+37.1%
Local cheese (8 oz)	$10.93 ISK1,342	$6.22	-43.1%
Milk (1 gallon)	$7.78 ISK955	$4.75	-38.9%
Eggs 1 dozen	$7.08 ISK869	$5.25	-25.8%
Boneless chicken breast (1 lb)	$11.00 ISK1,351	$3.99	-63.7%
Apples (1 lb)	$1.50 ISK185	$2.15	+42.6%
Bananas (1 lb)	$1.27 ISK156	$0.79	-37.4%
Oranges (1 lb)	$1.46 ISK179	$1.83	+25.2%
Tomatoes (1 lb)	$2.93 ISK360	$2.54	-13.3%
Potatoes (1 lb)	$1.78 ISK218	$1.63	-8.2%
Onions (1 lb)	$0.76 ISK93	$1.41	+86.5%
Average			-13.1%

Reykjavik vs. Newport Beach - Cost of groceries

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pay 28.0% less for transportation

	Reykjavik	Newport Beach
Gasoline (1 gallon)	$7.76 ISK953	$5.65	-27.2%
Monthly public transit pass	$94.80 ISK11,641	??
New Volkswagen Golf 1.4 (standard edition)	$50,588.43 ISK6M	$36,998.00	-26.9%
Taxi trip in downtown area (5 miles)	$29.26 ISK3,593	$19.41	-33.6%
Average			-28.0%

Reykjavik vs. Newport Beach - Cost of transportation

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pay 75.4% more for housing

	Reykjavik	Newport Beach
Internet connection 50 mbps or faster, cable/dsl	$86.01 ISK10,561	$70.00	-18.6%
1-Bedroom apartment in downtown area	$2,522.88 ISK310K	$4,283.33	+69.8%
1-Bedroom apartment outside city center	$2,032.25 ISK250K	$3,700.00	+82.1%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$73.44 ISK9,018	$164.38	+123.8%
Average			+75.4%

Reykjavik vs. Newport Beach - Cost of housing

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pay 43.4% more for childcare

	Reykjavik	Newport Beach
Private preschool for 1 child, monthly	$1,185.23 ISK146K	$1,750.00	+47.7%
Middle school for 1 child, two semesters	$25,853.51 ISK3M	$36,000.00	+39.2%
Average			+43.4%

Reykjavik vs. Newport Beach - Cost of childcare

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pay 12.8% less for entertainment and sports

	Reykjavik	Newport Beach
Domestic/local beer (1 pint)	$13.89 ISK1,706	$7.25	-47.8%
Cappuccino in mid-range area	$6.74 ISK828	$5.67	-16.0%
Pack of cigarettes Marlboro or similar	$13.89 ISK1,706	$11.71	-15.7%
Monthly membership at local gym	$100.25 ISK12,310	$117.50	+17.2%
Movie ticket to theater/cinema	$19.57 ISK2,403	$20.00	+2.2%
Average			-12.8%

Reykjavik vs. Newport Beach - Cost of entertainment and sports

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pay 53.3% less for clothing

	Reykjavik	Newport Beach
Regular jeans Levi's brand	$149.01 ISK18,297	$62.66	-58.0%
Regular dress from H&M or similar store	$65.79 ISK8,078	$40.75	-38.1%
Running shoes Nike or Adidas	$181.84 ISK22,328	$80.00	-56.0%
Men's business shoes (leather)	$248.81 ISK30,551	$103.33	-58.5%
Average			-53.3%

Reykjavik vs. Newport Beach - 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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