Cost of living comparison

Iceland

compared to

United States

Summerville vs. Reykjavik Cost of Living Summary

Summerville is 21.4% cheaper than Reykjavik.

Restaurants: pay 43.0% less in Summerville
Groceries: pay 9.5% more in Summerville
Transportation: pay 54.4% less in Summerville
Housing: pay 0.5% less in Summerville
Childcare: pay 3.8% more in Summerville
Entertainment and Sports: pay 36.7% less in Summerville
Clothing: pay 50.1% less in Summerville

The cost of groceries and childcare in Summerville are more expensive than in Reykjavik. Expenses including transportation, clothing, restaurants, entertainment and sports, and housing are lower in Summerville.

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Summerville vs. Reykjavik Cost Breakdown

If you lived in Summerville instead of Reykjavik, you would:

Display currency: USD

pay 43.0% less for restaurants

	Reykjavik	Summerville
Basic meal with drink at inexpensive restaurant	$31.06 ISK3,813	$18.00	-42.0%
Fast food combo meal McDonalds, or similar	$26.97 ISK3,312	$12.25	-54.6%
Bottle of Coca-Cola (11 fl. oz)	$3.31 ISK407	$3.21	-3.1%
Bottle of water (11 fl. oz)	$3.11 ISK381	$2.12	-31.6%
Average			-43.0%

Reykjavik vs. Summerville - Cost of restaurants

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pay 9.5% more for groceries

	Reykjavik	Summerville
Bread 1 loaf	$4.19 ISK515	$4.41	+5.2%
Local cheese (8 oz)	$10.93 ISK1,342	$7.72	-29.4%
Milk (1 gallon)	$7.78 ISK955	$3.95	-49.3%
Eggs 1 dozen	$7.08 ISK869	$3.25	-54.1%
Boneless chicken breast (1 lb)	$11.00 ISK1,351	$11.27	+2.4%
Apples (1 lb)	$1.50 ISK185	$3.66	+143.5%
Bananas (1 lb)	$1.27 ISK156	$0.90	-29.3%
Oranges (1 lb)	$1.46 ISK179	$3.92	+168.5%
Tomatoes (1 lb)	$2.93 ISK360	$3.50	+19.3%
Potatoes (1 lb)	$1.78 ISK218	$1.76	-0.7%
Onions (1 lb)	$0.76 ISK93	$2.12	+180.7%
Average			+9.5%

Reykjavik vs. Summerville - Cost of groceries

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pay 54.4% less for transportation

	Reykjavik	Summerville
Gasoline (1 gallon)	$7.76 ISK953	$3.31	-57.4%
Monthly public transit pass	$94.80 ISK11,641	$30.00	-68.4%
New Volkswagen Golf 1.4 (standard edition)	$50,588.43 ISK6M	$31,000.00	-38.7%
Taxi trip in downtown area (5 miles)	$29.26 ISK3,593	$17.43	-40.4%
Average			-54.4%

Reykjavik vs. Summerville - Cost of transportation

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pay 0.5% less for housing

	Reykjavik	Summerville
Internet connection 50 mbps or faster, cable/dsl	$86.01 ISK10,561	$84.00	-2.3%
1-Bedroom apartment in downtown area	$2,522.88 ISK310K	$2,142.75	-15.1%
1-Bedroom apartment outside city center	$2,032.25 ISK250K	$1,762.00	-13.3%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$73.44 ISK9,018	$162.31	+121.0%
Average			-0.5%

Reykjavik vs. Summerville - Cost of housing

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pay 3.8% more for childcare

	Reykjavik	Summerville
Private preschool for 1 child, monthly	$1,185.23 ISK146K	$1,500.00	+26.6%
Middle school for 1 child, two semesters	$25,853.51 ISK3M	$22,000.00	-14.9%
Average			+3.8%

Reykjavik vs. Summerville - Cost of childcare

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pay 36.7% less for entertainment and sports

	Reykjavik	Summerville
Domestic/local beer (1 pint)	$13.89 ISK1,706	$8.50	-38.8%
Cappuccino in mid-range area	$6.74 ISK828	$6.80	+0.9%
Pack of cigarettes Marlboro or similar	$13.89 ISK1,706	$11.50	-17.2%
Monthly membership at local gym	$100.25 ISK12,310	$33.33	-66.7%
Movie ticket to theater/cinema	$19.57 ISK2,403	$15.00	-23.4%
Average			-36.7%

Reykjavik vs. Summerville - Cost of entertainment and sports

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pay 50.1% less for clothing

	Reykjavik	Summerville
Regular jeans Levi's brand	$149.01 ISK18,297	$55.00	-63.1%
Regular dress from H&M or similar store	$65.79 ISK8,078	$43.33	-34.1%
Running shoes Nike or Adidas	$181.84 ISK22,328	$97.25	-46.5%
Men's business shoes (leather)	$248.81 ISK30,551	$118.75	-52.3%
Average			-50.1%

Reykjavik vs. Summerville - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated November 2026). How we calculate this

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