Cost of living comparison
compared to
Silver Spring vs. Reykjavik Cost of Living Summary
Silver Spring is 33.9% more expensive than Reykjavik.
- Restaurants
-
pay 22.6% less in Silver Spring
- Groceries
-
pay 18.3% more in Silver Spring
- Transportation
-
pay 12.3% less in Silver Spring
- Housing
-
pay 1.0% more in Silver Spring
- Childcare
-
pay 4.4 times more in Silver Spring
- Entertainment and Sports
-
pay 31.9% less in Silver Spring
- Clothing
-
pay 53.4% less in Silver Spring
The cost of childcare, groceries, and housing in Silver Spring are more expensive than in Reykjavik. Expenses including clothing, entertainment and sports, restaurants, and transportation are lower in Silver Spring. Notably, childcare is significantly more expensive in Silver Spring.
Silver Spring vs. Reykjavik Cost Breakdown
If you lived in Silver Spring instead of Reykjavik, you would:
pay 22.6% less for restaurants
|
Reykjavik
|
Silver Spring
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$27.48
ISK3,473
|
$20.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$22.76
ISK2,877
|
$13.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.34
ISK422
|
$2.91
|
|
| Bottle of water (11 fl. oz) |
$2.70
ISK341
|
$2.50
|
|
Reykjavik vs. Silver Spring - Cost of restaurants
pay 18.3% more for groceries
|
Reykjavik
|
Silver Spring
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.63
ISK586
|
$3.78
|
|
| Local cheese (8 oz) |
$9.44
ISK1,193
|
$9.18
|
|
| Milk (1 gallon) |
$7.63
ISK964
|
$3.58
|
|
|
Eggs
1 dozen
|
$6.50
ISK822
|
$5.99
|
|
| Boneless chicken breast (1 lb) |
$11.29
ISK1,427
|
$6.49
|
|
| Apples (1 lb) |
$1.59
ISK201
|
$3.45
|
|
| Bananas (1 lb) |
$1.17
ISK148
|
$0.79
|
|
| Oranges (1 lb) |
$1.49
ISK188
|
$3.67
|
|
| Tomatoes (1 lb) |
$2.54
ISK321
|
$3.67
|
|
| Potatoes (1 lb) |
$1.70
ISK214
|
$1.50
|
|
| Onions (1 lb) |
$1.13
ISK143
|
$1.83
|
|
Reykjavik vs. Silver Spring - Cost of groceries
pay 12.3% less for transportation
|
Reykjavik
|
Silver Spring
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$9.66
ISK1,221
|
$3.16
|
|
| Monthly public transit pass |
$88.58
ISK11,197
|
$176.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$50,771.00
ISK6,417,454
|
$34,231.99
|
|
| Taxi trip in downtown area (5 miles) |
$28.07
ISK3,548
|
$14.58
|
|
Reykjavik vs. Silver Spring - Cost of transportation
pay 1.0% more for housing
|
Reykjavik
|
Silver Spring
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$81.97
ISK10,361
|
$65.00
|
|
| 1-Bedroom apartment in downtown area |
$2,259.48
ISK285,599
|
$1,945.00
|
|
| 1-Bedroom apartment outside city center |
$2,034.90
ISK257,212
|
$1,150.00
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$60.87
ISK7,694
|
$110.88
|
|
Reykjavik vs. Silver Spring - Cost of housing
pay 4.4 times more for childcare
|
Reykjavik
|
Silver Spring
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$327.78
ISK41,431
|
$2,233.33
|
|
| Middle school for 1 child, two semesters |
$30,711.08
ISK3,881,881
|
$60,000.00
|
|
Reykjavik vs. Silver Spring - Cost of childcare
pay 31.9% less for entertainment and sports
|
Reykjavik
|
Silver Spring
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$13.12
ISK1,659
|
$6.00
|
|
| Cappuccino in mid-range area |
$6.17
ISK780
|
$5.29
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.94
ISK1,761
|
$10.00
|
|
| Monthly membership at local gym |
$87.35
ISK11,041
|
$33.33
|
|
| Movie ticket to theater/cinema |
$17.18
ISK2,172
|
$17.00
|
|
Reykjavik vs. Silver Spring - Cost of entertainment and sports
pay 53.4% less for clothing
|
Reykjavik
|
Silver Spring
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$145.10
ISK18,340
|
$46.75
|
|
|
Regular dress
from H&M or similar store
|
$63.97
ISK8,086
|
$36.33
|
|
|
Running shoes
Nike or Adidas
|
$193.43
ISK24,449
|
$95.00
|
|
| Men's business shoes (leather) |
$248.79
ISK31,447
|
$120.00
|
|
Reykjavik vs. Silver Spring - Cost of clothing
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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