Cost of living comparison

compared to

Reggio Nell'emilia vs. Reykjavik Cost of Living Summary

Reggio Nell'emilia is 28.1% cheaper than Reykjavik.

Restaurants: pay 27.9% less in Reggio Nell'emilia
Groceries: pay 31.8% less in Reggio Nell'emilia
Transportation: pay 21.7% less in Reggio Nell'emilia
Housing: pay 15.9% less in Reggio Nell'emilia
Childcare: pay 9.0% less in Reggio Nell'emilia
Entertainment and Sports: pay 47.2% less in Reggio Nell'emilia
Clothing: pay 42.9% less in Reggio Nell'emilia

Expenses including entertainment and sports, clothing, groceries, restaurants, transportation, and housing are lower in Reggio Nell'emilia.

Reggio Nell'emilia vs. Reykjavik Cost Breakdown

If you lived in Reggio Nell'emilia instead of Reykjavik, you would:

Display currency: USD

pay 27.9% less for restaurants

	Reykjavik	Reggio Nell'emilia
Basic meal with drink at inexpensive restaurant	$27.48 ISK3,473	$17.52 €14.93	-36.2%
Fast food combo meal McDonalds, or similar	$22.76 ISK2,877	$11.68 €9.95	-48.7%
Bottle of Coca-Cola (11 fl. oz)	$3.34 ISK422	$3.65 €3.11	+9.4%
Bottle of water (11 fl. oz)	$2.70 ISK341	$1.73 €1.47	-36.0%
Average			-27.9%

Reykjavik vs. Reggio Nell'emilia - Cost of restaurants

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pay 31.8% less for groceries

	Reykjavik	Reggio Nell'emilia
Bread 1 loaf	$4.63 ISK586	$2.10 €1.79	-54.6%
Local cheese (8 oz)	$9.44 ISK1,193	$9.83 €8.38	+4.2%
Milk (1 gallon)	$7.63 ISK964	$5.49 €4.68	-28.0%
Eggs 1 dozen	$6.50 ISK822	$3.78 €3.22	-41.8%
Boneless chicken breast (1 lb)	$11.29 ISK1,427	$4.87 €4.15	-56.8%
Apples (1 lb)	$1.59 ISK201	$0.97 €0.83	-38.9%
Bananas (1 lb)	$1.17 ISK148	$0.92 €0.78	-21.6%
Oranges (1 lb)	$1.49 ISK188	$1.06 €0.90	-28.8%
Tomatoes (1 lb)	$2.54 ISK321	$1.59 €1.35	-37.3%
Potatoes (1 lb)	$1.70 ISK214	$1.05 €0.90	-37.9%
Onions (1 lb)	$1.13 ISK143	$1.03 €0.88	-8.6%
Average			-31.8%

Reykjavik vs. Reggio Nell'emilia - Cost of groceries

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pay 21.7% less for transportation

	Reykjavik	Reggio Nell'emilia
Gasoline (1 gallon)	$9.66 ISK1,221	$7.90 €6.73	-18.2%
Monthly public transit pass	$88.58 ISK11,197	$37.96 €32.34	-57.1%
New Volkswagen Golf 1.4 (standard edition)	$50,771.00 ISK6,417,454	$29,199.74 €24,878.35	-42.5%
Taxi trip in downtown area (5 miles)	$28.07 ISK3,548	$36.79 €31.35	+31.1%
Average			-21.7%

Reykjavik vs. Reggio Nell'emilia - Cost of transportation

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pay 15.9% less for housing

	Reykjavik	Reggio Nell'emilia
Internet connection 50 mbps or faster, cable/dsl	$81.97 ISK10,361	$28.37 €24.17	-65.4%
1-Bedroom apartment in downtown area	$2,259.48 ISK285,599	$697.46 €594.24	-69.1%
1-Bedroom apartment outside city center	$2,034.90 ISK257,212	$550.90 €469.37	-72.9%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$60.87 ISK7,694	$148.33 €126.38	+143.7%
Average			-15.9%

Reykjavik vs. Reggio Nell'emilia - Cost of housing

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pay 9.0% less for childcare

	Reykjavik	Reggio Nell'emilia
Private preschool for 1 child, monthly	$327.78 ISK41,431	$521.70 €444.49	+59.2%
Middle school for 1 child, two semesters	$30,711.08 ISK3,881,881	$7,007.94 €5,970.80	-77.2%
Average			-9.0%

Reykjavik vs. Reggio Nell'emilia - Cost of childcare

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pay 47.2% less for entertainment and sports

	Reykjavik	Reggio Nell'emilia
Domestic/local beer (1 pint)	$13.12 ISK1,659	$5.84 €4.98	-55.5%
Cappuccino in mid-range area	$6.17 ISK780	$2.26 €1.92	-63.4%
Pack of cigarettes Marlboro or similar	$13.94 ISK1,761	$7.01 €5.97	-49.7%
Monthly membership at local gym	$87.35 ISK11,041	$62.29 €53.07	-28.7%
Movie ticket to theater/cinema	$17.18 ISK2,172	$10.51 €8.96	-38.8%
Average			-47.2%

Reykjavik vs. Reggio Nell'emilia - Cost of entertainment and sports

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pay 42.9% less for clothing

	Reykjavik	Reggio Nell'emilia
Regular jeans Levi's brand	$145.10 ISK18,340	$79.42 €67.67	-45.3%
Regular dress from H&M or similar store	$63.97 ISK8,086	$46.72 €39.81	-27.0%
Running shoes Nike or Adidas	$193.43 ISK24,449	$105.12 €89.56	-45.7%
Men's business shoes (leather)	$248.79 ISK31,447	$115.83 €98.68	-53.4%
Average			-42.9%

Reykjavik vs. Reggio Nell'emilia - 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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