Providenciales vs. Reykjavik Cost of Living Summary

Providenciales is 9.5% cheaper than Reykjavik.

Restaurants
pay 45.2% less in Providenciales
Groceries
pay 14.4% more in Providenciales
Transportation
pay 5.9% more in Providenciales
Housing
pay 6.8% more in Providenciales
Childcare
pay 53.9% less in Providenciales
Entertainment and Sports
pay 29.6% less in Providenciales
Clothing
pay 36.5% less in Providenciales

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

Providenciales vs. Reykjavik Cost Breakdown

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

pay 45.2% less for restaurants

 
Reykjavik
Providenciales
Basic meal with drink at inexpensive restaurant $31.06
ISK3,763
$18.00
 
Fast food combo meal
McDonalds, or similar
$26.97
ISK3,268
$11.00
 
Bottle of Coca-Cola (11 fl. oz) $3.31
ISK402
$3.00
 

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pay 14.4% more for groceries

 
Reykjavik
Providenciales
Bread
1 loaf
$4.19
ISK508
$6.00
 
Local cheese (8 oz) $10.93
ISK1,324
??
Milk (1 gallon) $7.78
ISK942
$18.22
 

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pay 5.9% more for transportation

 
Reykjavik
Providenciales
Gasoline (1 gallon) $7.76
ISK941
$8.22
 
Monthly public transit pass $94.80
ISK11,488
??
New Volkswagen Golf 1.4 (standard edition) $50,588.43
ISK6M
??

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pay 6.8% more for housing

 
Reykjavik
Providenciales
Internet connection
50 mbps or faster, cable/dsl
$86.01
ISK10,422
$142.00
 
1-Bedroom apartment in downtown area $2,522.88
ISK306K
$1,766.67
 
1-Bedroom apartment outside city center $2,032.25
ISK246K
$1,883.33
 

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pay 53.9% less for childcare

 
Reykjavik
Providenciales
Private preschool for 1 child, monthly $1,185.23
ISK144K
$500.00
 
Middle school for 1 child, two semesters $25,853.51
ISK3M
$13,000.00
 

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pay 29.6% less for entertainment and sports

 
Reykjavik
Providenciales
Domestic/local beer (1 pint) $13.89
ISK1,684
$5.00
 
Cappuccino in mid-range area $6.74
ISK817
$6.00
 
Pack of cigarettes
Marlboro or similar
$13.89
ISK1,684
??

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pay 36.5% less for clothing

 
Reykjavik
Providenciales
Regular jeans
Levi's brand
$149.01
ISK18,058
$80.00
 
Regular dress
from H&M or similar store
$65.79
ISK7,972
$60.00
 
Running shoes
Nike or Adidas
$181.84
ISK22,035
$150.00
 

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

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