Cost of Living Comparison

ISK
COMPARED TO
USD

United States is 14.7% more expensive than Reykjavik.

If you lived in United States instead of Reykjavik, you would:
local_dining

pay 26.9% less for restaurants

  Reykjavik help_outline United States help_outline  
Basic meal with drink at inexpensive restaurant $18.12
kr1,902
$14.02 -22.6%
Fast food combo meal
McDonalds, or similar
$12.68
kr1,330
$7.68 -39.4%
Bottle of Coca-Cola (11 fl. oz) $2.65
kr278
$1.89 -28.6%
Bottle of water (11 fl. oz) $1.84
kr193
$1.53 -17.1%
Average -26.9%

Reykjavik vs. United States - Cost of restaurants
local_grocery_store

pay 12.4% more for groceries

  Reykjavik help_outline United States help_outline  
Bread
1 loaf
$3.32
kr348
$2.69 -18.9%
Local cheese (8 oz) $5.56
kr584
$5.53 -0.7%
Milk (1 gallon) $4.91
kr516
$3.20 -34.8%
Eggs
1 dozen
$5.19
kr544
$2.34 -54.9%
Boneless chicken breast (1 lb) $6.38
kr670
$4.12 -35.5%
Apples (1 lb) $1.05
kr110
$2.11 +100.2%
Bananas (1 lb) $0.78
kr81
$0.77 -1.4%
Oranges (1 lb) $1.00
kr105
$1.93 +93.2%
Tomatoes (1 lb) $1.88
kr197
$1.97 +4.9%
Potatoes (1 lb) $1.03
kr109
$1.30 +25.2%
Onions (1 lb) $0.81
kr85
$1.29 +58.8%
Average +12.4%

Reykjavik vs. United States - Cost of groceries
drive_eta

pay 34.2% less for transportation

  Reykjavik help_outline United States help_outline  
Gasoline (1 gallon) $6.25
kr656
$2.62 -58.2%
Monthly public transit pass $92.77
kr9,736
$63.87 -31.2%
New Volkswagen Golf 1.4 (standard edition) $27,467.75
kr2,882,740
$23,180.29 -15.6%
Taxi trip in downtown area (5 miles) $25.36
kr2,661
$17.33 -31.7%
Average -34.2%

Reykjavik vs. United States - Cost of transportation
home

pay 14.9% more for housing

  Reykjavik help_outline United States help_outline  
Internet connection
50 mbps or faster, cable/dsl
$61.15
kr6,418
$67.35 +10.1%
1-Bedroom apartment in downtown area $1,445.24
kr151,678
$1,222.86 -15.4%
1-Bedroom apartment outside city center $1,188.58
kr124,741
$1,029.07 -13.4%
Utilities for two (700 sq ft apartment)
including electric, gas, water, heating
$71.69
kr7,524
$127.79 +78.3%
Average +14.9%

Reykjavik vs. United States - Cost of housing
child_care

pay 3.0 times more for childcare

  Reykjavik help_outline United States help_outline  
Private preschool for 1 child, monthly $250.90
kr26,332
$886.13 +253.2%
Middle school for 1 child, two semesters $6,232.79
kr654,131
$15,193.33 +143.8%
Average +198.5%

Reykjavik vs. United States - Cost of childcare
gamepad

pay 21.3% less for entertainment and sports

  Reykjavik help_outline United States help_outline  
Domestic/local beer (1 pint) $8.70
kr913
$4.50 -48.3%
Cappuccino in mid-range area $4.26
kr447
$4.17 -2.1%
Pack of cigarettes
Marlboro or similar
$11.01
kr1,155
$7.76 -29.5%
Monthly membership at local gym $51.86
kr5,443
$39.15 -24.5%
Movie ticket to theater/cinema $11.78
kr1,236
$11.52 -2.2%
Average -21.3%

Reykjavik vs. United States - Cost of entertainment and sports
store

pay 40.5% less for clothing

  Reykjavik help_outline United States help_outline  
Regular jeans
Levi's brand
$107.09
kr11,239
$43.40 -59.5%
Regular dress
from H&M or similar store
$44.81
kr4,703
$36.02 -19.6%
Running shoes
Nike or Adidas
$126.28
kr13,253
$75.12 -40.5%
Men's business shoes (leather) $165.08
kr17,326
$95.18 -42.3%
Average -40.5%

Reykjavik vs. United States - 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: November 2020

Help us improve these prices
MyLifeElsewhere is a collaborative project. Please enter price information for your location (Ashburn, VA, United States) to help assist us in making these comparisons more accurate. Learn more
Compare countries by overall cost of living
See the cost of living in Iceland vs. United States. This provides a comparison of the average cost of living from cities within Iceland and United States.
question_answer HAVE A QUESTION? ASK THE COMMUNITY
Join the Elsewhere community and ask a question about United States. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.