Cost of living comparison

compared to

Santa Fe vs. Reykjavik Cost of Living Summary

Santa Fe is 4.2% cheaper than Reykjavik.

Restaurants: pay 36.0% less in Santa Fe
Groceries: pay 20.8% less in Santa Fe
Transportation: pay 47.2% less in Santa Fe
Housing: pay 19.6% more in Santa Fe
Childcare: pay 2.3 times more in Santa Fe
Entertainment and Sports: pay 24.0% less in Santa Fe
Clothing: pay 50.8% less in Santa Fe

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

Santa Fe vs. Reykjavik Cost Breakdown

If you lived in Santa Fe instead of Reykjavik, you would:

Display currency: USD

pay 36.0% less for restaurants

	Reykjavik	Santa Fe
Basic meal with drink at inexpensive restaurant	$27.48 ISK3,517	$17.00	-38.1%
Fast food combo meal McDonalds, or similar	$22.76 ISK2,913	$10.00	-56.1%
Bottle of Coca-Cola (11 fl. oz)	$3.34 ISK427	$2.73	-18.3%
Bottle of water (11 fl. oz)	$2.70 ISK345	$1.84	-31.7%
Average			-36.0%

Reykjavik vs. Santa Fe - Cost of restaurants

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pay 20.8% less for groceries

	Reykjavik	Santa Fe
Bread 1 loaf	$4.63 ISK593	$2.97	-36.0%
Local cheese (8 oz)	$9.44 ISK1,208	$5.94	-37.1%
Milk (1 gallon)	$7.63 ISK976	$3.94	-48.3%
Eggs 1 dozen	$6.50 ISK832	$4.41	-32.1%
Boneless chicken breast (1 lb)	$11.29 ISK1,445	$4.53	-59.9%
Apples (1 lb)	$1.59 ISK204	$2.24	+40.6%
Bananas (1 lb)	$1.17 ISK150	$0.68	-41.6%
Oranges (1 lb)	$1.49 ISK190	$1.75	+17.9%
Tomatoes (1 lb)	$2.54 ISK325	$2.37	-6.6%
Potatoes (1 lb)	$1.70 ISK217	$1.20	-29.6%
Onions (1 lb)	$1.13 ISK145	$1.18	+4.2%
Average			-20.8%

Reykjavik vs. Santa Fe - Cost of groceries

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pay 47.2% less for transportation

	Reykjavik	Santa Fe
Gasoline (1 gallon)	$9.66 ISK1,236	$2.98	-69.2%
Monthly public transit pass	$88.58 ISK11,337	??
New Volkswagen Golf 1.4 (standard edition)	$50,771.00 ISK6,497,672	$29,500.00	-41.9%
Taxi trip in downtown area (5 miles)	$28.07 ISK3,592	$19.51	-30.5%
Average			-47.2%

Reykjavik vs. Santa Fe - Cost of transportation

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pay 19.6% more for housing

	Reykjavik	Santa Fe
Internet connection 50 mbps or faster, cable/dsl	$81.97 ISK10,490	$68.80	-16.1%
1-Bedroom apartment in downtown area	$2,259.48 ISK289,169	$2,187.50	-3.2%
1-Bedroom apartment outside city center	$2,034.90 ISK260,427	$1,652.50	-18.8%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$60.87 ISK7,791	$131.92	+116.7%
Average			+19.6%

Reykjavik vs. Santa Fe - Cost of housing

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pay 2.3 times more for childcare

	Reykjavik	Santa Fe
Private preschool for 1 child, monthly	$327.78 ISK41,949	$1,340.00	+308.8%
Middle school for 1 child, two semesters	$30,711.08 ISK3,930,404	$15,435.00	-49.7%
Average			+129.6%

Reykjavik vs. Santa Fe - Cost of childcare

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pay 24.0% less for entertainment and sports

	Reykjavik	Santa Fe
Domestic/local beer (1 pint)	$13.12 ISK1,680	$6.00	-54.3%
Cappuccino in mid-range area	$6.17 ISK790	$5.06	-18.0%
Pack of cigarettes Marlboro or similar	$13.94 ISK1,783	$10.00	-28.3%
Monthly membership at local gym	$87.35 ISK11,179	$86.67	-0.8%
Movie ticket to theater/cinema	$17.18 ISK2,199	$14.00	-18.5%
Average			-24.0%

Reykjavik vs. Santa Fe - Cost of entertainment and sports

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pay 50.8% less for clothing

	Reykjavik	Santa Fe
Regular jeans Levi's brand	$145.10 ISK18,569	$47.50	-67.3%
Regular dress from H&M or similar store	$63.97 ISK8,187	$50.00	-21.8%
Running shoes Nike or Adidas	$193.43 ISK24,755	$88.33	-54.3%
Men's business shoes (leather)	$248.79 ISK31,840	$100.00	-59.8%
Average			-50.8%

Reykjavik vs. Santa Fe - 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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