Cost of living comparison

compared to

Redwood City vs. Reykjavik Cost of Living Summary

Redwood City is 57.8% more expensive than Reykjavik.

Restaurants
pay 8.9% less in Redwood City
Groceries
pay 16.2% more in Redwood City
Transportation
pay 36.2% less in Redwood City
Housing
pay 70.2% more in Redwood City
Childcare
pay 5.0 times more in Redwood City
Entertainment and Sports
pay 20.7% more in Redwood City
Clothing
pay 56.5% 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, transportation, and restaurants 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 8.9% less for restaurants

 
Reykjavik
Redwood City
Basic meal with drink at inexpensive restaurant $27.48
ISK3,517
$30.00
 
Fast food combo meal
McDonalds, or similar
$22.76
ISK2,913
$14.50
 
Bottle of Coca-Cola (11 fl. oz) $3.34
ISK427
$3.30
 

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pay 16.2% more for groceries

 
Reykjavik
Redwood City
Bread
1 loaf
$4.63
ISK593
$5.06
 
Local cheese (8 oz) $9.44
ISK1,208
$8.45
 
Milk (1 gallon) $7.63
ISK976
$5.85
 

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pay 36.2% less for transportation

 
Reykjavik
Redwood City
Gasoline (1 gallon) $9.66
ISK1,236
$4.75
 
Monthly public transit pass $88.58
ISK11,337
$74.00
 
New Volkswagen Golf 1.4 (standard edition) $50,771.00
ISK6,497,672
$36,753.89
 

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pay 70.2% more for housing

 
Reykjavik
Redwood City
Internet connection
50 mbps or faster, cable/dsl
$81.97
ISK10,490
$68.78
 
1-Bedroom apartment in downtown area $2,259.48
ISK289,169
$4,250.00
 
1-Bedroom apartment outside city center $2,034.90
ISK260,427
$2,500.00
 

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pay 5.0 times more for childcare

 
Reykjavik
Redwood City
Private preschool for 1 child, monthly $327.78
ISK41,949
$2,823.00
 
Middle school for 1 child, two semesters $30,711.08
ISK3,930,404
$42,000.00
 

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pay 20.7% more for entertainment and sports

 
Reykjavik
Redwood City
Domestic/local beer (1 pint) $13.12
ISK1,680
$8.00
 
Cappuccino in mid-range area $6.17
ISK790
$5.79
 
Pack of cigarettes
Marlboro or similar
$13.94
ISK1,783
$10.45
 

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pay 56.5% less for clothing

 
Reykjavik
Redwood City
Regular jeans
Levi's brand
$145.10
ISK18,569
$56.67
 
Regular dress
from H&M or similar store
$63.97
ISK8,187
$25.00
 
Running shoes
Nike or Adidas
$193.43
ISK24,755
$95.00
 

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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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