Redwood City vs. Reykjavik Cost of Living Summary

Redwood City is 3.8% more expensive than Reykjavik.

Restaurants
pay 30.6% less in Redwood City
Groceries
pay 2.4% more in Redwood City
Transportation
pay 30.2% less in Redwood City
Housing
pay 52.1% more in Redwood City
Childcare
pay 2.0 times more in Redwood City
Entertainment and Sports
pay 3.8% more in Redwood City
Clothing
pay 58.7% less in Redwood City

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

Redwood City vs. Reykjavik Cost Breakdown

If you lived in Redwood City instead of Reykjavik, you would:

pay 30.6% less for restaurants

 
Reykjavik
Redwood City
Basic meal with drink at inexpensive restaurant $31.06
ISK3,813
$25.00
 
Fast food combo meal
McDonalds, or similar
$26.97
ISK3,312
$13.25
 
Bottle of Coca-Cola (11 fl. oz) $3.31
ISK407
$3.16
 

Improve prices ·

pay 2.4% more for groceries

 
Reykjavik
Redwood City
Bread
1 loaf
$4.19
ISK515
$5.31
 
Local cheese (8 oz) $10.93
ISK1,342
$7.58
 
Milk (1 gallon) $7.78
ISK955
$5.67
 

Improve prices ·

pay 30.2% less for transportation

 
Reykjavik
Redwood City
Gasoline (1 gallon) $7.76
ISK953
$5.78
 
Monthly public transit pass $94.80
ISK11,641
??
New Volkswagen Golf 1.4 (standard edition) $50,588.43
ISK6M
$36,998.00
 

Improve prices ·

pay 52.1% more for housing

 
Reykjavik
Redwood City
Internet connection
50 mbps or faster, cable/dsl
$86.01
ISK10,561
$70.00
 
1-Bedroom apartment in downtown area $2,522.88
ISK310K
$4,250.00
 
1-Bedroom apartment outside city center $2,032.25
ISK250K
$2,500.00
 

Improve prices ·

pay 2.0 times more for childcare

 
Reykjavik
Redwood City
Private preschool for 1 child, monthly $1,185.23
ISK146K
$2,942.94
 
Middle school for 1 child, two semesters $25,853.51
ISK3M
$42,562.50
 

Improve prices ·

pay 3.8% more for entertainment and sports

 
Reykjavik
Redwood City
Domestic/local beer (1 pint) $13.89
ISK1,706
$8.00
 
Cappuccino in mid-range area $6.74
ISK828
$5.66
 
Pack of cigarettes
Marlboro or similar
$13.89
ISK1,706
$12.00
 

Improve prices ·

pay 58.7% less for clothing

 
Reykjavik
Redwood City
Regular jeans
Levi's brand
$149.01
ISK18,297
$45.00
 
Regular dress
from H&M or similar store
$65.79
ISK8,078
$25.00
 
Running shoes
Nike or Adidas
$181.84
ISK22,328
$100.00
 

Improve prices ·

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

Share this

Compare countries by overall cost of living

See the cost of living in Iceland vs. United States. This provides a comparison of the average cost of living from cities within Iceland and United States.

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 Redwood City or Reykjavik. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.