Cost of living comparison
compared to
Palm Springs vs. Reykjavik Cost of Living Summary
Palm Springs is 17.9% cheaper than Reykjavik.
- Restaurants
-
pay 29.6% less in Palm Springs
- Groceries
-
pay 3.8% more in Palm Springs
- Transportation
-
pay 45.5% less in Palm Springs
- Housing
-
pay 37.5% more in Palm Springs
- Childcare
-
pay 3.0% less in Palm Springs
- Entertainment and Sports
-
pay 30.7% less in Palm Springs
- Clothing
-
pay 57.5% less in Palm Springs
The cost of housing and groceries in Palm Springs are more expensive than in Reykjavik. Expenses including clothing, transportation, entertainment and sports, restaurants, and childcare are lower in Palm Springs.
Palm Springs vs. Reykjavik Cost Breakdown
If you lived in Palm Springs instead of Reykjavik, you would:
pay 29.6% less for restaurants
|
Reykjavik
|
Palm Springs
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$27.48
ISK3,517
|
$28.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$22.76
ISK2,913
|
$10.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.34
ISK427
|
$2.67
|
|
| Bottle of water (11 fl. oz) |
$2.70
ISK345
|
$1.51
|
|
Reykjavik vs. Palm Springs - Cost of restaurants
pay 3.8% more for groceries
|
Reykjavik
|
Palm Springs
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.63
ISK593
|
$4.17
|
|
| Local cheese (8 oz) |
$9.44
ISK1,208
|
$7.00
|
|
| Milk (1 gallon) |
$7.63
ISK976
|
$4.78
|
|
|
Eggs
1 dozen
|
$6.50
ISK832
|
$5.63
|
|
| Boneless chicken breast (1 lb) |
$11.29
ISK1,445
|
$6.21
|
|
| Apples (1 lb) |
$1.59
ISK204
|
$2.23
|
|
| Bananas (1 lb) |
$1.17
ISK150
|
$1.00
|
|
| Oranges (1 lb) |
$1.49
ISK190
|
$2.50
|
|
| Tomatoes (1 lb) |
$2.54
ISK325
|
$2.35
|
|
| Potatoes (1 lb) |
$1.70
ISK217
|
$1.95
|
|
| Onions (1 lb) |
$1.13
ISK145
|
$1.95
|
|
Reykjavik vs. Palm Springs - Cost of groceries
pay 45.5% less for transportation
|
Reykjavik
|
Palm Springs
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$9.66
ISK1,236
|
$4.67
|
|
| Monthly public transit pass |
$88.58
ISK11,337
|
$34.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$50,771.00
ISK6,497,672
|
$33,376.95
|
|
| Taxi trip in downtown area (5 miles) |
$28.07
ISK3,592
|
$18.36
|
|
Reykjavik vs. Palm Springs - Cost of transportation
pay 37.5% more for housing
|
Reykjavik
|
Palm Springs
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$81.97
ISK10,490
|
$65.00
|
|
| 1-Bedroom apartment in downtown area |
$2,259.48
ISK289,169
|
$1,921.17
|
|
| 1-Bedroom apartment outside city center |
$2,034.90
ISK260,427
|
$1,516.67
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$60.87
ISK7,791
|
$189.35
|
|
Reykjavik vs. Palm Springs - Cost of housing
pay 3.0% less for childcare
|
Reykjavik
|
Palm Springs
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$327.78
ISK41,949
|
$545.83
|
|
| Middle school for 1 child, two semesters |
$30,711.08
ISK3,930,404
|
$8,400.00
|
|
Reykjavik vs. Palm Springs - Cost of childcare
pay 30.7% less for entertainment and sports
|
Reykjavik
|
Palm Springs
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$13.12
ISK1,680
|
$5.00
|
|
| Cappuccino in mid-range area |
$6.17
ISK790
|
$5.80
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.94
ISK1,783
|
$15.00
|
|
| Monthly membership at local gym |
$87.35
ISK11,179
|
$32.50
|
|
| Movie ticket to theater/cinema |
$17.18
ISK2,199
|
$12.00
|
|
Reykjavik vs. Palm Springs - Cost of entertainment and sports
pay 57.5% less for clothing
|
Reykjavik
|
Palm Springs
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$145.10
ISK18,569
|
$38.46
|
|
|
Regular dress
from H&M or similar store
|
$63.97
ISK8,187
|
$32.17
|
|
|
Running shoes
Nike or Adidas
|
$193.43
ISK24,755
|
$72.00
|
|
| Men's business shoes (leather) |
$248.79
ISK31,840
|
$139.17
|
|
Reykjavik vs. Palm Springs - Cost of clothing
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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