Cost of living comparison

compared to

Palm Coast vs. Reykjavik Cost of Living Summary

Palm Coast is 12.2% cheaper than Reykjavik.

Restaurants
pay 55.0% less in Palm Coast
Groceries
pay 16.5% less in Palm Coast
Transportation
pay 60.8% less in Palm Coast
Housing
pay 2.2% less in Palm Coast
Childcare
pay 2.5 times more in Palm Coast
Entertainment and Sports
pay 48.4% less in Palm Coast
Clothing
pay 56.9% less in Palm Coast

Expenses including transportation, clothing, restaurants, entertainment and sports, groceries, and housing are lower in Palm Coast. Notably, childcare is significantly more expensive in Palm Coast.

Palm Coast vs. Reykjavik Cost Breakdown

If you lived in Palm Coast instead of Reykjavik, you would:

pay 55.0% less for restaurants

 
Reykjavik
Palm Coast
Basic meal with drink at inexpensive restaurant $27.48
ISK3,473
$12.00
 
Fast food combo meal
McDonalds, or similar
$22.76
ISK2,877
$11.29
 
Bottle of Coca-Cola (11 fl. oz) $3.34
ISK422
$1.90
 

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pay 16.5% less for groceries

 
Reykjavik
Palm Coast
Bread
1 loaf
$4.63
ISK586
$3.49
 
Local cheese (8 oz) $9.44
ISK1,193
$4.96
 
Milk (1 gallon) $7.63
ISK964
$3.71
 

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pay 60.8% less for transportation

 
Reykjavik
Palm Coast
Gasoline (1 gallon) $9.66
ISK1,221
$3.12
 
Monthly public transit pass $88.58
ISK11,197
??
New Volkswagen Golf 1.4 (standard edition) $50,771.00
ISK6,417,454
$23,436.41
 

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pay 2.2% less for housing

 
Reykjavik
Palm Coast
Internet connection
50 mbps or faster, cable/dsl
$81.97
ISK10,361
$66.67
 
1-Bedroom apartment in downtown area $2,259.48
ISK285,599
$1,516.67
 
1-Bedroom apartment outside city center $2,034.90
ISK257,212
$1,325.00
 

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pay 2.5 times more for childcare

 
Reykjavik
Palm Coast
Private preschool for 1 child, monthly $327.78
ISK41,431
$833.33
 
Middle school for 1 child, two semesters $30,711.08
ISK3,881,881
??

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pay 48.4% less for entertainment and sports

 
Reykjavik
Palm Coast
Domestic/local beer (1 pint) $13.12
ISK1,659
$3.50
 
Cappuccino in mid-range area $6.17
ISK780
$3.00
 
Pack of cigarettes
Marlboro or similar
$13.94
ISK1,761
$6.40
 

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pay 56.9% less for clothing

 
Reykjavik
Palm Coast
Regular jeans
Levi's brand
$145.10
ISK18,340
$40.75
 
Regular dress
from H&M or similar store
$63.97
ISK8,086
$40.00
 
Running shoes
Nike or Adidas
$193.43
ISK24,449
$86.66
 

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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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