Cost of living comparison

compared to

The Woodlands vs. Reykjavik Cost of Living Summary

The Woodlands is 5.9% cheaper than Reykjavik.

Restaurants: pay 31.1% less in The Woodlands
Groceries: pay 21.6% less in The Woodlands
Transportation: pay 54.6% less in The Woodlands
Housing: pay 14.7% more in The Woodlands
Childcare: pay 2.4 times more in The Woodlands
Entertainment and Sports: pay 38.8% less in The Woodlands
Clothing: pay 50.7% less in The Woodlands

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

The Woodlands vs. Reykjavik Cost Breakdown

If you lived in The Woodlands instead of Reykjavik, you would:

Display currency: USD

pay 31.1% less for restaurants

	Reykjavik	The Woodlands
Basic meal with drink at inexpensive restaurant	$27.48 ISK3,452	$20.00	-27.2%
Fast food combo meal McDonalds, or similar	$22.76 ISK2,859	$10.80	-52.6%
Bottle of Coca-Cola (11 fl. oz)	$3.34 ISK419	$2.60	-22.0%
Bottle of water (11 fl. oz)	$2.70 ISK339	$2.09	-22.4%
Average			-31.1%

Reykjavik vs. The Woodlands - Cost of restaurants

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pay 21.6% less for groceries

	Reykjavik	The Woodlands
Bread 1 loaf	$4.63 ISK582	$3.40	-26.7%
Local cheese (8 oz)	$9.44 ISK1,186	$6.17	-34.6%
Milk (1 gallon)	$7.63 ISK959	$3.93	-48.4%
Eggs 1 dozen	$6.50 ISK817	$4.85	-25.3%
Boneless chicken breast (1 lb)	$11.29 ISK1,419	$5.15	-54.4%
Apples (1 lb)	$1.59 ISK200	$2.20	+38.2%
Bananas (1 lb)	$1.17 ISK147	$0.54	-53.8%
Oranges (1 lb)	$1.49 ISK187	$1.96	+31.4%
Tomatoes (1 lb)	$2.54 ISK319	$1.75	-30.9%
Potatoes (1 lb)	$1.70 ISK213	$1.01	-40.5%
Onions (1 lb)	$1.13 ISK142	$1.22	+7.9%
Average			-21.6%

Reykjavik vs. The Woodlands - Cost of groceries

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pay 54.6% less for transportation

	Reykjavik	The Woodlands
Gasoline (1 gallon)	$9.66 ISK1,214	$2.65	-72.6%
Monthly public transit pass	$88.58 ISK11,129	??
New Volkswagen Golf 1.4 (standard edition)	$50,771.00 ISK6,378,360	$23,195.00	-54.3%
Taxi trip in downtown area (5 miles)	$28.07 ISK3,526	$17.67	-37.0%
Average			-54.6%

Reykjavik vs. The Woodlands - Cost of transportation

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pay 14.7% more for housing

	Reykjavik	The Woodlands
Internet connection 50 mbps or faster, cable/dsl	$81.97 ISK10,298	$50.00	-39.0%
1-Bedroom apartment in downtown area	$2,259.48 ISK283,859	$1,850.00	-18.1%
1-Bedroom apartment outside city center	$2,034.90 ISK255,645	$1,950.00	-4.2%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$60.87 ISK7,648	$133.86	+119.9%
Average			+14.7%

Reykjavik vs. The Woodlands - Cost of housing

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pay 2.4 times more for childcare

	Reykjavik	The Woodlands
Private preschool for 1 child, monthly	$327.78 ISK41,179	$1,343.18	+309.8%
Middle school for 1 child, two semesters	$30,711.08 ISK3,858,233	$22,093.75	-28.1%
Average			+140.8%

Reykjavik vs. The Woodlands - Cost of childcare

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pay 38.8% less for entertainment and sports

	Reykjavik	The Woodlands
Domestic/local beer (1 pint)	$13.12 ISK1,649	$5.50	-58.1%
Cappuccino in mid-range area	$6.17 ISK776	$4.44	-28.1%
Pack of cigarettes Marlboro or similar	$13.94 ISK1,751	$9.00	-35.4%
Monthly membership at local gym	$87.35 ISK10,974	$35.00	-59.9%
Movie ticket to theater/cinema	$17.18 ISK2,159	$15.00	-12.7%
Average			-38.8%

Reykjavik vs. The Woodlands - Cost of entertainment and sports

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pay 50.7% less for clothing

	Reykjavik	The Woodlands
Regular jeans Levi's brand	$145.10 ISK18,228	$52.74	-63.7%
Regular dress from H&M or similar store	$63.97 ISK8,036	$43.79	-31.6%
Running shoes Nike or Adidas	$193.43 ISK24,301	$87.55	-54.7%
Men's business shoes (leather)	$248.79 ISK31,256	$117.47	-52.8%
Average			-50.7%

Reykjavik vs. The Woodlands - 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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