Cost of living comparison

compared to

Northfield vs. Reykjavik Cost of Living Summary

Northfield is 19.1% cheaper than Reykjavik.

Restaurants
pay 28.8% less in Northfield
Groceries
pay 4.5% less in Northfield
Transportation
pay 54.1% less in Northfield
Housing
pay 5.0% more in Northfield
Childcare
pay 22.0% more in Northfield
Entertainment and Sports
pay 29.0% less in Northfield
Clothing
pay 44.1% less in Northfield

The cost of childcare and housing in Northfield are more expensive than in Reykjavik. Expenses including transportation, clothing, entertainment and sports, restaurants, and groceries are lower in Northfield.

Northfield vs. Reykjavik Cost Breakdown

If you lived in Northfield instead of Reykjavik, you would:

pay 28.8% less for restaurants

 
Reykjavik
Northfield
Basic meal with drink at inexpensive restaurant $27.48
ISK3,452
$25.00
 
Fast food combo meal
McDonalds, or similar
$22.76
ISK2,859
$14.00
 
Bottle of Coca-Cola (11 fl. oz) $3.34
ISK419
$2.25
 

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pay 4.5% less for groceries

 
Reykjavik
Northfield
Bread
1 loaf
$4.63
ISK582
$4.90
 
Local cheese (8 oz) $9.44
ISK1,186
$6.50
 
Milk (1 gallon) $7.63
ISK959
$4.15
 

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pay 54.1% less for transportation

 
Reykjavik
Northfield
Gasoline (1 gallon) $9.66
ISK1,214
$3.44
 
Monthly public transit pass $88.58
ISK11,129
$38.00
 
New Volkswagen Golf 1.4 (standard edition) $50,771.00
ISK6,378,360
$30,000.00
 

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pay 5.0% more for housing

 
Reykjavik
Northfield
Internet connection
50 mbps or faster, cable/dsl
$81.97
ISK10,298
$70.00
 
1-Bedroom apartment in downtown area $2,259.48
ISK283,859
$1,000.00
 
1-Bedroom apartment outside city center $2,034.90
ISK255,645
$800.00
 

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pay 22.0% more for childcare

 
Reykjavik
Northfield
Private preschool for 1 child, monthly $327.78
ISK41,179
$400.00
 
Middle school for 1 child, two semesters $30,711.08
ISK3,858,233
??

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pay 29.0% less for entertainment and sports

 
Reykjavik
Northfield
Domestic/local beer (1 pint) $13.12
ISK1,649
$4.00
 
Cappuccino in mid-range area $6.17
ISK776
$4.00
 
Pack of cigarettes
Marlboro or similar
$13.94
ISK1,751
$10.00
 

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pay 44.1% less for clothing

 
Reykjavik
Northfield
Regular jeans
Levi's brand
$145.10
ISK18,228
$70.00
 
Regular dress
from H&M or similar store
$63.97
ISK8,036
$60.00
 
Running shoes
Nike or Adidas
$193.43
ISK24,301
$80.00
 

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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
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