Cost of living comparison

compared to

Newport News vs. Reykjavik Cost of Living Summary

Newport News is 30.4% more expensive than Reykjavik.

Restaurants
pay 22.8% less in Newport News
Groceries
pay 14.5% less in Newport News
Transportation
pay 45.9% less in Newport News
Housing
pay 12.3% more in Newport News
Childcare
pay 4.7 times more in Newport News
Entertainment and Sports
pay 36.5% less in Newport News
Clothing
pay 49.7% less in Newport News

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

Newport News vs. Reykjavik Cost Breakdown

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

pay 22.8% less for restaurants

 
Reykjavik
Newport News
Basic meal with drink at inexpensive restaurant $27.48
ISK3,517
$25.00
 
Fast food combo meal
McDonalds, or similar
$22.76
ISK2,913
$10.50
 
Bottle of Coca-Cola (11 fl. oz) $3.34
ISK427
$2.93
 

Improve prices ·

pay 14.5% less for groceries

 
Reykjavik
Newport News
Bread
1 loaf
$4.63
ISK593
$3.61
 
Local cheese (8 oz) $9.44
ISK1,208
$4.77
 
Milk (1 gallon) $7.63
ISK976
$3.50
 

Improve prices ·

pay 45.9% less for transportation

 
Reykjavik
Newport News
Gasoline (1 gallon) $9.66
ISK1,236
$3.14
 
Monthly public transit pass $88.58
ISK11,337
$55.00
 
New Volkswagen Golf 1.4 (standard edition) $50,771.00
ISK6,497,672
$35,699.74
 

Improve prices ·

pay 12.3% more for housing

 
Reykjavik
Newport News
Internet connection
50 mbps or faster, cable/dsl
$81.97
ISK10,490
$69.41
 
1-Bedroom apartment in downtown area $2,259.48
ISK289,169
$1,433.33
 
1-Bedroom apartment outside city center $2,034.90
ISK260,427
$1,233.33
 

Improve prices ·

pay 4.7 times more for childcare

 
Reykjavik
Newport News
Private preschool for 1 child, monthly $327.78
ISK41,949
$2,650.00
 
Middle school for 1 child, two semesters $30,711.08
ISK3,930,404
$40,166.67
 

Improve prices ·

pay 36.5% less for entertainment and sports

 
Reykjavik
Newport News
Domestic/local beer (1 pint) $13.12
ISK1,680
$5.00
 
Cappuccino in mid-range area $6.17
ISK790
$6.07
 
Pack of cigarettes
Marlboro or similar
$13.94
ISK1,783
$7.89
 

Improve prices ·

pay 49.7% less for clothing

 
Reykjavik
Newport News
Regular jeans
Levi's brand
$145.10
ISK18,569
$42.67
 
Regular dress
from H&M or similar store
$63.97
ISK8,187
$48.40
 
Running shoes
Nike or Adidas
$193.43
ISK24,755
$104.31
 

Improve prices ·
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
Share this

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 Newport News or Reykjavik. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.