Cost of living comparison

compared to

Queens vs. Reykjavik Cost of Living Summary

Queens is 12.2% more expensive than Reykjavik.

Restaurants
pay 38.7% less in Queens
Groceries
pay 3.5% less in Queens
Transportation
pay 19.1% less in Queens
Housing
pay 10.4% more in Queens
Childcare
pay 2.9 times more in Queens
Entertainment and Sports
pay 15.0% less in Queens
Clothing
pay 42.0% less in Queens

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

Queens vs. Reykjavik Cost Breakdown

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

pay 38.7% less for restaurants

 
Reykjavik
Queens
Basic meal with drink at inexpensive restaurant $27.48
ISK3,517
$18.00
 
Fast food combo meal
McDonalds, or similar
$22.76
ISK2,913
$12.00
 
Bottle of Coca-Cola (11 fl. oz) $3.34
ISK427
$2.28
 

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pay 3.5% less for groceries

 
Reykjavik
Queens
Bread
1 loaf
$4.63
ISK593
$4.05
 
Local cheese (8 oz) $9.44
ISK1,208
$8.73
 
Milk (1 gallon) $7.63
ISK976
$4.83
 

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pay 19.1% less for transportation

 
Reykjavik
Queens
Gasoline (1 gallon) $9.66
ISK1,236
$3.30
 
Monthly public transit pass $88.58
ISK11,337
$132.00
 
New Volkswagen Golf 1.4 (standard edition) $50,771.00
ISK6,497,672
$36,344.69
 

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pay 10.4% more for housing

 
Reykjavik
Queens
Internet connection
50 mbps or faster, cable/dsl
$81.97
ISK10,490
$58.33
 
1-Bedroom apartment in downtown area $2,259.48
ISK289,169
$2,276.67
 
1-Bedroom apartment outside city center $2,034.90
ISK260,427
$2,025.00
 

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pay 2.9 times more for childcare

 
Reykjavik
Queens
Private preschool for 1 child, monthly $327.78
ISK41,949
$1,750.00
 
Middle school for 1 child, two semesters $30,711.08
ISK3,930,404
$16,000.00
 

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pay 15.0% less for entertainment and sports

 
Reykjavik
Queens
Domestic/local beer (1 pint) $13.12
ISK1,680
$7.00
 
Cappuccino in mid-range area $6.17
ISK790
$5.91
 
Pack of cigarettes
Marlboro or similar
$13.94
ISK1,783
$17.50
 

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pay 42.0% less for clothing

 
Reykjavik
Queens
Regular jeans
Levi's brand
$145.10
ISK18,569
$50.00
 
Regular dress
from H&M or similar store
$63.97
ISK8,187
$63.33
 
Running shoes
Nike or Adidas
$193.43
ISK24,755
$86.67
 

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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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