Cost of living comparison
compared to
Paris vs. Reykjavik Cost of Living Summary
Paris is 0.7% cheaper than Reykjavik.
- Restaurants
-
pay 6.8% less in Paris
- Groceries
-
pay 11.7% less in Paris
- Transportation
-
pay 7.5% less in Paris
- Housing
-
pay 26.7% more in Paris
- Childcare
-
pay 45.1% more in Paris
- Entertainment and Sports
-
pay 20.9% less in Paris
- Clothing
-
pay 29.6% less in Paris
The cost of childcare and housing in Paris are more expensive than in Reykjavik. Expenses including clothing, entertainment and sports, groceries, transportation, and restaurants are lower in Paris.
Paris vs. Reykjavik Cost Breakdown
If you lived in Paris instead of Reykjavik, you would:
pay 6.8% less for restaurants
|
Reykjavik
|
Paris
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$27.48
ISK3,517
|
$17.52
€15.11
|
|
|
Fast food combo meal
McDonalds, or similar
|
$22.76
ISK2,913
|
$14.02
€12.09
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.34
ISK427
|
$4.24
€3.66
|
|
| Bottle of water (11 fl. oz) |
$2.70
ISK345
|
$3.24
€2.80
|
|
Reykjavik vs. Paris - Cost of restaurants
Improve prices ·
Change currency (USD)
pay 11.7% less for groceries
|
Reykjavik
|
Paris
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.63
ISK593
|
$2.10
€1.81
|
|
| Local cheese (8 oz) |
$9.44
ISK1,208
|
$12.76
€11.00
|
|
| Milk (1 gallon) |
$7.63
ISK976
|
$5.95
€5.13
|
|
|
Eggs
1 dozen
|
$6.50
ISK832
|
$5.22
€4.51
|
|
| Boneless chicken breast (1 lb) |
$11.29
ISK1,445
|
$6.68
€5.76
|
|
| Apples (1 lb) |
$1.59
ISK204
|
$1.64
€1.42
|
|
| Bananas (1 lb) |
$1.17
ISK150
|
$1.15
€0.99
|
|
| Oranges (1 lb) |
$1.49
ISK190
|
$1.47
€1.27
|
|
| Tomatoes (1 lb) |
$2.54
ISK325
|
$1.81
€1.56
|
|
| Potatoes (1 lb) |
$1.70
ISK217
|
$1.21
€1.04
|
|
| Onions (1 lb) |
$1.13
ISK145
|
$1.47
€1.26
|
|
Reykjavik vs. Paris - Cost of groceries
Improve prices ·
Change currency (USD)
pay 7.5% less for transportation
|
Reykjavik
|
Paris
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$9.66
ISK1,236
|
$8.06
€6.95
|
|
| Monthly public transit pass |
$88.58
ISK11,337
|
$103.72
€89.44
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$50,771.00
ISK6,497,672
|
$35,904.00
€30,960.99
|
|
| Taxi trip in downtown area (5 miles) |
$28.07
ISK3,592
|
$27.70
€23.89
|
|
Reykjavik vs. Paris - Cost of transportation
Improve prices ·
Change currency (USD)
pay 26.7% more for housing
|
Reykjavik
|
Paris
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$81.97
ISK10,490
|
$37.58
€32.41
|
|
| 1-Bedroom apartment in downtown area |
$2,259.48
ISK289,169
|
$1,637.45
€1,412.01
|
|
| 1-Bedroom apartment outside city center |
$2,034.90
ISK260,427
|
$1,198.19
€1,033.23
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$60.87
ISK7,791
|
$200.70
€173.07
|
|
Reykjavik vs. Paris - Cost of housing
Improve prices ·
Change currency (USD)
pay 45.1% more for childcare
|
Reykjavik
|
Paris
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$327.78
ISK41,949
|
$798.13
€688.25
|
|
| Middle school for 1 child, two semesters |
$30,711.08
ISK3,930,404
|
$14,327.34
€12,354.85
|
|
Reykjavik vs. Paris - Cost of childcare
Improve prices ·
Change currency (USD)
pay 20.9% less for entertainment and sports
|
Reykjavik
|
Paris
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$13.12
ISK1,680
|
$8.18
€7.05
|
|
| Cappuccino in mid-range area |
$6.17
ISK790
|
$4.93
€4.25
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.94
ISK1,783
|
$15.18
€13.09
|
|
| Monthly membership at local gym |
$87.35
ISK11,179
|
$43.12
€37.18
|
|
| Movie ticket to theater/cinema |
$17.18
ISK2,199
|
$16.35
€14.10
|
|
Reykjavik vs. Paris - Cost of entertainment and sports
Improve prices ·
Change currency (USD)
pay 29.6% less for clothing
|
Reykjavik
|
Paris
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$145.10
ISK18,569
|
$118.15
€101.89
|
|
|
Regular dress
from H&M or similar store
|
$63.97
ISK8,187
|
$48.25
€41.60
|
|
|
Running shoes
Nike or Adidas
|
$193.43
ISK24,755
|
$123.09
€106.14
|
|
| Men's business shoes (leather) |
$248.79
ISK31,840
|
$152.69
€131.67
|
|
Reykjavik vs. Paris - Cost of clothing
Improve prices ·
Change currency (USD)
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
Change currency:
Compare countries by overall cost of living
See the
cost of living in Iceland vs. France.
This provides a comparison of the average cost of living from cities within Iceland and France.
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 Paris or Reykjavik. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.