Cost of living comparison

compared to

San Mateo vs. Reykjavik Cost of Living Summary

San Mateo is 49.9% more expensive than Reykjavik.

Restaurants
pay 20.6% less in San Mateo
Groceries
pay 20.5% more in San Mateo
Transportation
pay 34.8% less in San Mateo
Housing
pay 64.7% more in San Mateo
Childcare
pay 5.0 times more in San Mateo
Entertainment and Sports
pay 19.9% less in San Mateo
Clothing
pay 60.7% less in San Mateo

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

San Mateo vs. Reykjavik Cost Breakdown

If you lived in San Mateo instead of Reykjavik, you would:

pay 20.6% less for restaurants

 
Reykjavik
San Mateo
Basic meal with drink at inexpensive restaurant $27.48
ISK3,517
$22.00
 
Fast food combo meal
McDonalds, or similar
$22.76
ISK2,913
$13.00
 
Bottle of Coca-Cola (11 fl. oz) $3.34
ISK427
$3.12
 

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pay 20.5% more for groceries

 
Reykjavik
San Mateo
Bread
1 loaf
$4.63
ISK593
$5.11
 
Local cheese (8 oz) $9.44
ISK1,208
$7.44
 
Milk (1 gallon) $7.63
ISK976
$6.00
 

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pay 34.8% less for transportation

 
Reykjavik
San Mateo
Gasoline (1 gallon) $9.66
ISK1,236
$4.76
 
Monthly public transit pass $88.58
ISK11,337
$65.60
 
New Volkswagen Golf 1.4 (standard edition) $50,771.00
ISK6,497,672
$36,753.89
 

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pay 64.7% more for housing

 
Reykjavik
San Mateo
Internet connection
50 mbps or faster, cable/dsl
$81.97
ISK10,490
$63.00
 
1-Bedroom apartment in downtown area $2,259.48
ISK289,169
$2,743.33
 
1-Bedroom apartment outside city center $2,034.90
ISK260,427
$2,855.00
 

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pay 5.0 times more for childcare

 
Reykjavik
San Mateo
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
$42,750.00
 

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pay 19.9% less for entertainment and sports

 
Reykjavik
San Mateo
Domestic/local beer (1 pint) $13.12
ISK1,680
$7.00
 
Cappuccino in mid-range area $6.17
ISK790
$5.20
 
Pack of cigarettes
Marlboro or similar
$13.94
ISK1,783
$8.50
 

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pay 60.7% less for clothing

 
Reykjavik
San Mateo
Regular jeans
Levi's brand
$145.10
ISK18,569
$60.00
 
Regular dress
from H&M or similar store
$63.97
ISK8,187
$25.00
 
Running shoes
Nike or Adidas
$193.43
ISK24,755
$101.67
 

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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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