Cost of living comparison

compared to

Twin Falls vs. Reykjavik Cost of Living Summary

Twin Falls is 11.7% cheaper than Reykjavik.

Restaurants: pay 38.3% less in Twin Falls
Groceries: pay 24.9% less in Twin Falls
Transportation: pay 49.1% less in Twin Falls
Housing: pay 0.9% less in Twin Falls
Childcare: pay 2.3 times more in Twin Falls
Entertainment and Sports: pay 37.3% less in Twin Falls
Clothing: pay 58.1% less in Twin Falls

Expenses including clothing, transportation, restaurants, entertainment and sports, groceries, and housing are lower in Twin Falls. Notably, childcare is significantly more expensive in Twin Falls.

Twin Falls vs. Reykjavik Cost Breakdown

If you lived in Twin Falls instead of Reykjavik, you would:

Display currency: USD

pay 38.3% less for restaurants

	Reykjavik	Twin Falls
Basic meal with drink at inexpensive restaurant	$27.48 ISK3,517	$16.50	-39.9%
Fast food combo meal McDonalds, or similar	$22.76 ISK2,913	$12.00	-47.3%
Bottle of Coca-Cola (11 fl. oz)	$3.34 ISK427	$2.00	-40.1%
Bottle of water (11 fl. oz)	$2.70 ISK345	$2.00	-26.0%
Average			-38.3%

Reykjavik vs. Twin Falls - Cost of restaurants

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pay 24.9% less for groceries

	Reykjavik	Twin Falls
Bread 1 loaf	$4.63 ISK593	$3.27	-29.5%
Local cheese (8 oz)	$9.44 ISK1,208	$5.67	-40.0%
Milk (1 gallon)	$7.63 ISK976	$3.21	-57.9%
Eggs 1 dozen	$6.50 ISK832	$4.43	-31.9%
Boneless chicken breast (1 lb)	$11.29 ISK1,445	$4.30	-62.0%
Apples (1 lb)	$1.59 ISK204	$2.06	+29.7%
Bananas (1 lb)	$1.17 ISK150	$0.74	-36.7%
Oranges (1 lb)	$1.49 ISK190	$1.68	+13.1%
Tomatoes (1 lb)	$2.54 ISK325	$2.20	-13.4%
Potatoes (1 lb)	$1.70 ISK217	$1.12	-33.8%
Onions (1 lb)	$1.13 ISK145	$1.00	-11.8%
Average			-24.9%

Reykjavik vs. Twin Falls - Cost of groceries

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pay 49.1% less for transportation

	Reykjavik	Twin Falls
Gasoline (1 gallon)	$9.66 ISK1,236	$3.33	-65.5%
Monthly public transit pass	$88.58 ISK11,337	??
New Volkswagen Golf 1.4 (standard edition)	$50,771.00 ISK6,497,672	$33,650.00	-33.7%
Taxi trip in downtown area (5 miles)	$28.07 ISK3,592	$14.60	-48.0%
Average			-49.1%

Reykjavik vs. Twin Falls - Cost of transportation

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pay 0.9% less for housing

	Reykjavik	Twin Falls
Internet connection 50 mbps or faster, cable/dsl	$81.97 ISK10,490	$70.00	-14.6%
1-Bedroom apartment in downtown area	$2,259.48 ISK289,169	$1,533.33	-32.1%
1-Bedroom apartment outside city center	$2,034.90 ISK260,427	$1,233.33	-39.4%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$60.87 ISK7,791	$111.02	+82.4%
Average			-0.9%

Reykjavik vs. Twin Falls - Cost of housing

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pay 2.3 times more for childcare

	Reykjavik	Twin Falls
Private preschool for 1 child, monthly	$327.78 ISK41,949	$1,238.89	+278.0%
Middle school for 1 child, two semesters	$30,711.08 ISK3,930,404	$23,265.00	-24.2%
Average			+126.9%

Reykjavik vs. Twin Falls - Cost of childcare

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pay 37.3% less for entertainment and sports

	Reykjavik	Twin Falls
Domestic/local beer (1 pint)	$13.12 ISK1,680	$6.00	-54.3%
Cappuccino in mid-range area	$6.17 ISK790	$6.38	+3.3%
Pack of cigarettes Marlboro or similar	$13.94 ISK1,783	$8.25	-40.8%
Monthly membership at local gym	$87.35 ISK11,179	$31.00	-64.5%
Movie ticket to theater/cinema	$17.18 ISK2,199	$12.00	-30.2%
Average			-37.3%

Reykjavik vs. Twin Falls - Cost of entertainment and sports

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pay 58.1% less for clothing

	Reykjavik	Twin Falls
Regular jeans Levi's brand	$145.10 ISK18,569	$46.67	-67.8%
Regular dress from H&M or similar store	$63.97 ISK8,187	$34.00	-46.8%
Running shoes Nike or Adidas	$193.43 ISK24,755	$81.67	-57.8%
Men's business shoes (leather)	$248.79 ISK31,840	$99.17	-60.1%
Average			-58.1%

Reykjavik vs. Twin Falls - 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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