Cost of living comparison
compared to
Silver Spring vs. Reykjavik Cost of Living Summary
Silver Spring is 29.0% cheaper than Reykjavik.
- Restaurants
-
pay 57.9% less in Silver Spring
- Groceries
-
pay 12.6% less in Silver Spring
- Transportation
-
pay 24.7% less in Silver Spring
- Housing
-
pay 27.0% less in Silver Spring
- Childcare
-
pay 37.1% more in Silver Spring
- Entertainment and Sports
-
pay 38.2% less in Silver Spring
- Clothing
-
pay 53.3% less in Silver Spring
Silver Spring vs. Reykjavik Cost Breakdown
If you lived in Silver Spring instead of Reykjavik, you would:
pay 57.9% less for restaurants
|
Reykjavik
|
Silver Spring
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$31.06
ISK3,763
|
$13.50
|
|
|
Fast food combo meal
McDonalds, or similar
|
$26.97
ISK3,268
|
$7.50
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.31
ISK402
|
$2.75
|
|
| Bottle of water (11 fl. oz) |
$3.11
ISK376
|
$2.46
|
|
Reykjavik vs. Silver Spring - Cost of restaurants
pay 12.6% less for groceries
|
Reykjavik
|
Silver Spring
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.19
ISK508
|
$4.45
|
|
| Local cheese (8 oz) |
$10.93
ISK1,324
|
$8.26
|
|
| Milk (1 gallon) |
$7.78
ISK942
|
$4.64
|
|
|
Eggs
1 dozen
|
$7.08
ISK858
|
$5.16
|
|
| Boneless chicken breast (1 lb) |
$11.00
ISK1,333
|
$7.14
|
|
| Apples (1 lb) |
$1.50
ISK182
|
$2.20
|
|
| Bananas (1 lb) |
$1.27
ISK154
|
$0.77
|
|
| Oranges (1 lb) |
$1.46
ISK177
|
$2.11
|
|
| Tomatoes (1 lb) |
$2.93
ISK355
|
$2.41
|
|
| Potatoes (1 lb) |
$1.78
ISK215
|
$1.38
|
|
| Onions (1 lb) |
$0.76
ISK92
|
$0.93
|
|
Reykjavik vs. Silver Spring - Cost of groceries
pay 24.7% less for transportation
|
Reykjavik
|
Silver Spring
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.76
ISK941
|
$3.81
|
|
| Monthly public transit pass |
$94.80
ISK11,488
|
$176.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$50,588.43
ISK6M
|
$34,521.50
|
|
| Taxi trip in downtown area (5 miles) |
$29.26
ISK3,545
|
$13.94
|
|
Reykjavik vs. Silver Spring - Cost of transportation
pay 27.0% less for housing
|
Reykjavik
|
Silver Spring
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$86.01
ISK10,422
|
$62.00
|
|
| 1-Bedroom apartment in downtown area |
$2,522.88
ISK306K
|
$1,927.00
|
|
| 1-Bedroom apartment outside city center |
$2,032.25
ISK246K
|
$1,066.67
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$73.44
ISK8,899
|
$114.71
|
|
Reykjavik vs. Silver Spring - Cost of housing
pay 37.1% more for childcare
|
Reykjavik
|
Silver Spring
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,185.23
ISK144K
|
$1,597.92
|
|
| Middle school for 1 child, two semesters |
$25,853.51
ISK3M
|
$36,066.67
|
|
Reykjavik vs. Silver Spring - Cost of childcare
pay 38.2% less for entertainment and sports
|
Reykjavik
|
Silver Spring
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$13.89
ISK1,684
|
$8.00
|
|
| Cappuccino in mid-range area |
$6.74
ISK817
|
$5.86
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.89
ISK1,684
|
$10.55
|
|
| Monthly membership at local gym |
$100.25
ISK12,148
|
$33.75
|
|
| Movie ticket to theater/cinema |
$19.57
ISK2,372
|
$16.50
|
|
Reykjavik vs. Silver Spring - Cost of entertainment and sports
pay 53.3% less for clothing
|
Reykjavik
|
Silver Spring
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$149.01
ISK18,058
|
$47.33
|
|
|
Regular dress
from H&M or similar store
|
$65.79
ISK7,972
|
$36.33
|
|
|
Running shoes
Nike or Adidas
|
$181.84
ISK22,035
|
$102.08
|
|
| Men's business shoes (leather) |
$248.81
ISK30,151
|
$120.00
|
|
Reykjavik vs. Silver Spring - Cost of clothing
We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this
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Compare further: Reykjavik vs. Silver Spring
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