Cost of living comparison

compared to

Tacoma vs. Reykjavik Cost of Living Summary

Tacoma is 22.2% more expensive than Reykjavik.

Restaurants
pay 26.1% less in Tacoma
Groceries
pay 8.7% less in Tacoma
Transportation
pay 39.0% less in Tacoma
Housing
pay 38.5% more in Tacoma
Childcare
pay 3.7 times more in Tacoma
Entertainment and Sports
pay 29.9% less in Tacoma
Clothing
pay 49.0% less in Tacoma

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

Tacoma vs. Reykjavik Cost Breakdown

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

pay 26.1% less for restaurants

 
Reykjavik
Tacoma
Basic meal with drink at inexpensive restaurant $27.48
ISK3,517
$19.00
 
Fast food combo meal
McDonalds, or similar
$22.76
ISK2,913
$11.00
 
Bottle of Coca-Cola (11 fl. oz) $3.34
ISK427
$3.02
 

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pay 8.7% less for groceries

 
Reykjavik
Tacoma
Bread
1 loaf
$4.63
ISK593
$3.83
 
Local cheese (8 oz) $9.44
ISK1,208
$6.30
 
Milk (1 gallon) $7.63
ISK976
$4.40
 

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pay 39.0% less for transportation

 
Reykjavik
Tacoma
Gasoline (1 gallon) $9.66
ISK1,236
$4.34
 
Monthly public transit pass $88.58
ISK11,337
$62.00
 
New Volkswagen Golf 1.4 (standard edition) $50,771.00
ISK6,497,672
$36,656.56
 

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pay 38.5% more for housing

 
Reykjavik
Tacoma
Internet connection
50 mbps or faster, cable/dsl
$81.97
ISK10,490
$82.50
 
1-Bedroom apartment in downtown area $2,259.48
ISK289,169
$1,879.17
 
1-Bedroom apartment outside city center $2,034.90
ISK260,427
$1,660.00
 

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pay 3.7 times more for childcare

 
Reykjavik
Tacoma
Private preschool for 1 child, monthly $327.78
ISK41,949
$2,086.81
 
Middle school for 1 child, two semesters $30,711.08
ISK3,930,404
$31,687.50
 

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pay 29.9% less for entertainment and sports

 
Reykjavik
Tacoma
Domestic/local beer (1 pint) $13.12
ISK1,680
$8.00
 
Cappuccino in mid-range area $6.17
ISK790
$5.38
 
Pack of cigarettes
Marlboro or similar
$13.94
ISK1,783
$10.00
 

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pay 49.0% less for clothing

 
Reykjavik
Tacoma
Regular jeans
Levi's brand
$145.10
ISK18,569
$59.00
 
Regular dress
from H&M or similar store
$63.97
ISK8,187
$44.50
 
Running shoes
Nike or Adidas
$193.43
ISK24,755
$82.80
 

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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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