Cost of living comparison

compared to

Port Of Spain vs. Reykjavik Cost of Living Summary

Port Of Spain is 40.8% cheaper than Reykjavik.

Restaurants: pay 66.2% less in Port Of Spain
Groceries: pay 12.4% less in Port Of Spain
Transportation: pay 34.4% less in Port Of Spain
Housing: pay 41.5% less in Port Of Spain
Childcare: pay 37.8% less in Port Of Spain
Entertainment and Sports: pay 51.6% less in Port Of Spain
Clothing: pay 41.4% less in Port Of Spain

Expenses including restaurants, entertainment and sports, housing, clothing, childcare, and transportation are lower in Port Of Spain.

Port Of Spain vs. Reykjavik Cost Breakdown

If you lived in Port Of Spain instead of Reykjavik, you would:

Display currency: USD

pay 66.2% less for restaurants

	Reykjavik	Port Of Spain
Basic meal with drink at inexpensive restaurant	$27.48 ISK3,452	$10.31 TTD69.98	-62.5%
Fast food combo meal McDonalds, or similar	$22.76 ISK2,859	$8.10 TTD54.98	-64.4%
Bottle of Coca-Cola (11 fl. oz)	$3.34 ISK419	$1.08 TTD7.31	-67.7%
Bottle of water (11 fl. oz)	$2.70 ISK339	$0.81 TTD5.46	-70.1%
Average			-66.2%

Reykjavik vs. Port Of Spain - Cost of restaurants

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pay 12.4% less for groceries

	Reykjavik	Port Of Spain
Bread 1 loaf	$4.63 ISK582	$2.77 TTD18.80	-40.2%
Local cheese (8 oz)	$9.44 ISK1,186	$4.08 TTD27.66	-56.8%
Milk (1 gallon)	$7.63 ISK959	$10.51 TTD71.32	+37.7%
Eggs 1 dozen	$6.50 ISK817	$5.17 TTD35.13	-20.4%
Boneless chicken breast (1 lb)	$11.29 ISK1,419	$4.62 TTD31.35	-59.1%
Apples (1 lb)	$1.59 ISK200	$2.80 TTD18.98	+75.8%
Bananas (1 lb)	$1.17 ISK147	$1.16 TTD7.91	-0.4%
Oranges (1 lb)	$1.49 ISK187	$2.05 TTD13.92	+37.7%
Tomatoes (1 lb)	$2.54 ISK319	$1.88 TTD12.77	-25.8%
Potatoes (1 lb)	$1.70 ISK213	$0.71 TTD4.84	-58.0%
Onions (1 lb)	$1.13 ISK142	$0.82 TTD5.58	-27.3%
Average			-12.4%

Reykjavik vs. Port Of Spain - Cost of groceries

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pay 34.4% less for transportation

	Reykjavik	Port Of Spain
Gasoline (1 gallon)	$9.66 ISK1,214	$4.24 TTD28.76	-56.1%
Monthly public transit pass	$88.58 ISK11,129	$97.20 TTD659.79	+9.7%
New Volkswagen Golf 1.4 (standard edition)	$50,771.00 ISK6,378,360	$35,345.77 TTD239,924.43	-30.4%
Taxi trip in downtown area (5 miles)	$28.07 ISK3,526	$11.05 TTD74.98	-60.6%
Average			-34.4%

Reykjavik vs. Port Of Spain - Cost of transportation

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pay 41.5% less for housing

	Reykjavik	Port Of Spain
Internet connection 50 mbps or faster, cable/dsl	$81.97 ISK10,298	$61.53 TTD417.65	-24.9%
1-Bedroom apartment in downtown area	$2,259.48 ISK283,859	$794.05 TTD5,389.97	-64.9%
1-Bedroom apartment outside city center	$2,034.90 ISK255,645	$478.64 TTD3,248.98	-76.5%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$60.87 ISK7,648	$61.00 TTD414.09	+0.2%
Average			-41.5%

Reykjavik vs. Port Of Spain - Cost of housing

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pay 37.8% less for childcare

	Reykjavik	Port Of Spain
Private preschool for 1 child, monthly	$327.78 ISK41,179	$331.09 TTD2,247.44	+1.0%
Middle school for 1 child, two semesters	$30,711.08 ISK3,858,233	$7,182.06 TTD48,751.31	-76.6%
Average			-37.8%

Reykjavik vs. Port Of Spain - Cost of childcare

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pay 51.6% less for entertainment and sports

	Reykjavik	Port Of Spain
Domestic/local beer (1 pint)	$13.12 ISK1,649	$1.84 TTD12.50	-86.0%
Cappuccino in mid-range area	$6.17 ISK776	$3.73 TTD25.33	-39.6%
Pack of cigarettes Marlboro or similar	$13.94 ISK1,751	$6.04 TTD40.99	-56.7%
Monthly membership at local gym	$87.35 ISK10,974	$54.41 TTD369.33	-37.7%
Movie ticket to theater/cinema	$17.18 ISK2,159	$10.68 TTD72.48	-37.9%
Average			-51.6%

Reykjavik vs. Port Of Spain - Cost of entertainment and sports

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pay 41.4% less for clothing

	Reykjavik	Port Of Spain
Regular jeans Levi's brand	$145.10 ISK18,228	$59.03 TTD400.71	-59.3%
Regular dress from H&M or similar store	$63.97 ISK8,036	$38.29 TTD259.92	-40.1%
Running shoes Nike or Adidas	$193.43 ISK24,301	$166.91 TTD1,132.98	-13.7%
Men's business shoes (leather)	$248.79 ISK31,256	$117.82 TTD799.75	-52.6%
Average			-41.4%

Reykjavik vs. Port Of Spain - Cost of clothing

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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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